Under $500K Investment Properties for Sale in Salem, MA
Listed for sale 4 days ago
$ 364,900
ROI
21.4
Cash Flow/m
164- 1 Bed
- 1 Bath
- 672 sft
24 Norman St APT 301, Salem, MA, 01970
Listed for sale 5 days ago
$ 495,000
ROI
23.0Cash Flow/m
442- 2 Bed
- 2 Bath
- 1741 sft
52 Pickman Rd #3B, Salem, MA, 01970
Fix & Flip
Listed for sale 5 days ago
$ 499,000
ROI
27.0Cash Flow/m
1001- 3 Bed
- 2 Bath
- 1178 sft
8 Ord St, Salem, MA, 01970
Listed for sale 6 days ago
$ 369,900
ROI
20.1Cash Flow/m
36- 1 Bed
- 1 Bath
- 506 sft
23 Green St #1R, Salem, MA, 01970
Why Invest in Salem, Massachusetts?
Investing in Salem, MA properties under $500k offers a strategic entry into a historic coastal city with growing rental demand. The filter 'under $500k' highlights affordable opportunities ideal for investors seeking steady cash flow. Salem shows an average ROI of 6.5%, with a rental yield around 7%, and cap rates near 5.5%. Average monthly rents hover near $1,800, supporting consistent cash flow and long-term appreciation potential.
6.5%
Avg. ROI
7%
Rental Yield
5.5%
Cap Rate
$400/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
Properties under $500k in Salem typically include smaller single-family homes, condos, and multi-family units. These options provide entry points for investors seeking affordable rental properties with potential for cash flow.
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