Real Estate Investment Properties for Sale in Salem, AL

Looking for investment property in Salem, AL with high ROI ?

Explore a variety of short-term homes & houses in Salem, AL. Invest wisely with VRBO & Salem, AL Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Salem, AL

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
657 LEE ROAD 334 SALEM, AL Hunters Point a Hughston Homes Community invites you to a tranquil haven where nature take...	4 beds \| 4 baths \| 3,029 sq.ft.	$549,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.38% Airbnb Rental Income: $null Traditional Rental Income: $2867 Airbnb ROI: N/A Traditional ROI: 4.38%
611 LEE ROAD 334 SALEM, AL Hunters Point, a Hughston Homes Community. Nestled in Salem, Alabama, on 1.82 acres. Welc...	4 beds \| 3 baths \| 2,599 sq.ft.	$499,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.79% Airbnb Rental Income: $null Traditional Rental Income: $2346 Airbnb ROI: N/A Traditional ROI: 3.79%
248 Lee Road 0936 SALEM, AL DEEDED lakefront house on Lake HARDING. Newly updated. Three bedrooms and two full baths. ...	3 beds \| 2 baths \| 1,500 sq.ft.	$599,899	Airbnb cash on cash: 0.25% Traditional cash on cash: 2.5% Airbnb Rental Income: $1490 Traditional Rental Income: $2310 Airbnb ROI: 0.25% Traditional ROI: 2.5%
4684 Lee Road 175 SALEM, AL This Cozy 2-bedrooms /2 bathrooms home offers a warm and inviting layout designed for both...	2 beds \| 2 baths \| 1,342 sq.ft.	$199,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.65% Airbnb Rental Income: $null Traditional Rental Income: $1595 Airbnb ROI: N/A Traditional ROI: 6.65%
87 Lee Road 2224 SALEM, AL Desirable Magnolia Ridge Craftsman style home with primary and additional bedroom on the m...	4 beds \| 3 baths \| 2,618 sq.ft.	$449,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.78% Airbnb Rental Income: $null Traditional Rental Income: $2403 Airbnb ROI: N/A Traditional ROI: 3.78%
903 Lee Road 2087 SALEM, AL Quaint cul-de-sac living in the rustic setting of Haley Woods is calling to you! This styl...	3 beds \| 2 baths \| 1,793 sq.ft.	$314,900	Airbnb cash on cash: 1.9% Traditional cash on cash: 6.02% Airbnb Rental Income: $1490 Traditional Rental Income: $2272 Airbnb ROI: 1.9% Traditional ROI: 6.02%
156 Lee Road 175 SALEM, AL Charming 1915 Historic Home in Salem, AL - Full of Character & Modern Updates! Locatio...	3 beds \| 1 baths \| 2,340 sq.ft.	$155,000	Airbnb cash on cash: 5.05% Traditional cash on cash: 11.54% Airbnb Rental Income: $1490 Traditional Rental Income: $2015 Airbnb ROI: 5.05% Traditional ROI: 11.54%
9186 Lee Road 158 SALEM, AL Seller is offering $5,000 in concessions! Move-in ready and packed with charm-this beautif...	4 beds \| 3 baths \| 2,552 sq.ft.	$489,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.48% Airbnb Rental Income: $null Traditional Rental Income: $2616 Airbnb ROI: N/A Traditional ROI: 4.48%
226 Lee Rd 2037 SALEM, AL Nestled amidst the serene scenery of the Falls, is this charming 4-bedroom, 2-bath home th...	4 beds \| 2 baths \| 2,104 sq.ft.	$369,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.9% Airbnb Rental Income: $null Traditional Rental Income: $2172 Airbnb ROI: N/A Traditional ROI: 4.9%
331 Lee Road 246 SALEM, AL Gorgeous new construction home situated on over 3 acres. The main areas feature LVP floori...	4 beds \| 3 baths \| 2,400 sq.ft.	$480,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.43% Airbnb Rental Income: $null Traditional Rental Income: $2546 Airbnb ROI: N/A Traditional ROI: 4.43%
373 Lee Road 246 SALEM, AL Beautiful new construction home nestled on over 3 acres! This 4 bedroom, 2.5 bathroom home...	4 beds \| 3 baths \| 2,350 sq.ft.	$470,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.55% Airbnb Rental Income: $null Traditional Rental Income: $2546 Airbnb ROI: N/A Traditional ROI: 4.55%
657 Lee Rd 334 SALEM, AL A Hughston Homes Community. Welcome to our Oakwood A Floorplan. Sought after Floorplan wit...	4 beds \| 4 baths \| 3,029 sq.ft.	$549,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.22% Airbnb Rental Income: $null Traditional Rental Income: $3302 Airbnb ROI: N/A Traditional ROI: 5.22%
3729 Lee Road 0249 SALEM, AL Nestled behind the trees on a 1.2 acre lot with only one neighbor in view this exceptional...	4 beds \| N/A baths \| 2,380 sq.ft.	$484,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.89% Airbnb Rental Income: $null Traditional Rental Income: $2497 Airbnb ROI: N/A Traditional ROI: 3.89%
555 COUNTY ROAD 129 SALEM, AL Been on the hunt for some land? Check out this 13.11-acre property in Salem, AL, just 15 m...	2 beds \| 1 baths \| 1,020 sq.ft.	$200,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.47% Airbnb Rental Income: $null Traditional Rental Income: $1146 Airbnb ROI: N/A Traditional ROI: 4.47%
555 Lee Road 0129 SALEM, AL Been on the hunt for some land? Check out this 13.11-acre property in Salem, AL, just 15 m...	2 beds \| 1 baths \| 1,020 sq.ft.	$200,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.06% Airbnb Rental Income: $null Traditional Rental Income: $1215 Airbnb ROI: N/A Traditional ROI: 4.06%
178 LEE ROAD 2222 SALEM, AL Spacious 5-bedroom, 4-bathroom home located in a quiet cul-de-sac. Freshly painted through...	5 beds \| 4 baths \| 2,731 sq.ft.	$439,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.85% Airbnb Rental Income: $null Traditional Rental Income: $3075 Airbnb ROI: N/A Traditional ROI: 5.85%
723 Lee Road 344 SALEM, AL New Construction - - New 1 story home, 11 foot ceilings in living room, 9 foot ceilings ev...	4 beds \| 2 baths \| 2,066 sq.ft.	$389,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.66% Airbnb Rental Income: $null Traditional Rental Income: $2361 Airbnb ROI: N/A Traditional ROI: 4.66%
1528 LEE RD 348 SALEM, AL INVESTOR SPECIAL!!!!! Lake Harding opportunity with incredible potential! Situated on 1.38...	3 beds \| 3 baths \| 3,342 sq.ft.	$399,900	Airbnb cash on cash: 1.16% Traditional cash on cash: 5.58% Airbnb Rental Income: $1490 Traditional Rental Income: $2708 Airbnb ROI: 1.16% Traditional ROI: 5.58%
132 Lee Road 2126 SALEM, AL Welcome to this beautifully maintained brick, offering a desirable split 3-bedroom floorpl...	3 beds \| 2 baths \| 1,700 sq.ft.	$249,900	Airbnb cash on cash: 2.74% Traditional cash on cash: 6.14% Airbnb Rental Income: $1490 Traditional Rental Income: $1856 Airbnb ROI: 2.74% Traditional ROI: 6.14%
21 Green Dudley SALEM, AL Charming Craftsman Home on 1 Acre in Salem, AL This well-kept 4 bedroom, 2 bathroom Crafts...	4 beds \| 2 baths \| 1,825 sq.ft.	$309,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.19% Airbnb Rental Income: $null Traditional Rental Income: $2272 Airbnb ROI: N/A Traditional ROI: 6.19%
49 Lee Road 0537 SALEM, AL Welcome to 49 Lee Road 537 in Salem, AL! This updated 3-bedroom, 2-bath home offers the pe...	3 beds \| 2 baths \| 1,891 sq.ft.	$299,900	Airbnb cash on cash: 1.99% Traditional cash on cash: 5.35% Airbnb Rental Income: $1490 Traditional Rental Income: $2000 Airbnb ROI: 1.99% Traditional ROI: 5.35%
8954 Lee Road 175 SALEM, AL Say hello to your dream home! Nestled on 4.65 serene acres, this beautifully designed 4 BR...	4 beds \| 3 baths \| 2,620 sq.ft.	$505,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.65% Airbnb Rental Income: $null Traditional Rental Income: $2773 Airbnb ROI: N/A Traditional ROI: 4.65%
322 LEE ROAD 2086 SALEM, AL Welcome to 322 Lee Road 2086 in Salem, AL. This charming 3-bedroom, 2-bath home offers 1,2...	3 beds \| 2 baths \| 1,215 sq.ft.	$220,000	Airbnb cash on cash: 3.32% Traditional cash on cash: 6.21% Airbnb Rental Income: $1490 Traditional Rental Income: $1654 Airbnb ROI: 3.32% Traditional ROI: 6.21%
1754 Lee Road 348 SALEM, AL Welcome to your lakeside retreat! This beautifully updated 2-story home offers the perfect...	4 beds \| 3 baths \| 2,700 sq.ft.	$715,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.57% Airbnb Rental Income: $null Traditional Rental Income: $3227 Airbnb ROI: N/A Traditional ROI: 3.57%
324 Lee Road 347 SALEM, AL This adorable 2-bedroom, 2-bath manufactured home is situated on a level Georgia Power lea...	2 beds \| 2 baths \| 1,680 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.19% Airbnb Rental Income: $null Traditional Rental Income: $2225 Airbnb ROI: N/A Traditional ROI: 4.19%
364 Lee Road 123 SALEM, AL Come see this beautiful property located in the coveted Beauregard community. With .98 acr...	3 beds \| 2 baths \| 1,216 sq.ft.	$125,000	Airbnb cash on cash: 6.8% Traditional cash on cash: 11.57% Airbnb Rental Income: $1490 Traditional Rental Income: $1627 Airbnb ROI: 6.8% Traditional ROI: 11.57%
1754 Lee Road 0348 SALEM, AL Welcome to your lakeside retreat! This beautifully updated 2-story home offers the perfect...	4 beds \| N/A baths \| 2,700 sq.ft.	$715,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.94% Airbnb Rental Income: $null Traditional Rental Income: $2994 Airbnb ROI: N/A Traditional ROI: 2.94%
188 Lee Road 896 SALEM, AL Come play where you live-on this rare, level lot on Lake Harding! This 3-bedroom, 2.5-bath...	3 beds \| 3 baths \| 2,142 sq.ft.	$568,947	Airbnb cash on cash: 0.66% Traditional cash on cash: 4.12% Airbnb Rental Income: $1490 Traditional Rental Income: $2892 Airbnb ROI: 0.66% Traditional ROI: 4.12%
9062 LEE ROAD 175 SALEM, AL New Construction - New 1 story home, 11 foot ceilings in living room, 9 foot ceilings ever...	4 beds \| 2 baths \| 2,230 sq.ft.	$423,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.96% Airbnb Rental Income: $null Traditional Rental Income: $2475 Airbnb ROI: N/A Traditional ROI: 4.96%
9198 LEE ROAD 158 SALEM, AL Tucked away on over 5 acres at the end of a private flag lot, this 4-bedroom, 2.5-bath hom...	4 beds \| 3 baths \| 2,400 sq.ft.	$524,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.69% Airbnb Rental Income: $null Traditional Rental Income: $2595 Airbnb ROI: N/A Traditional ROI: 3.69%
224 Lee Road 0334 SALEM, AL This stunning 4-bedroom, 2-bath craftsman style home sits on a half-acre lot and has all t...	4 beds \| 2 baths \| 2,156 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.56% Airbnb Rental Income: $null Traditional Rental Income: $2332 Airbnb ROI: N/A Traditional ROI: 4.56%
8443 Lee Road 0158 SALEM, AL Move in ready. Close to the lake. Mostly level lot with 2.2 acres. Home sits far back from...	2 beds \| 2 baths \| 1,204 sq.ft.	$157,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.74% Airbnb Rental Income: $null Traditional Rental Income: $1466 Airbnb ROI: N/A Traditional ROI: 7.74%
8443 Lee Road 158 SALEM, AL Move in ready. Close to the lake. Mostly level lot with 2.2 acres. Home sits far back from...	2 beds \| 2 baths \| 1,204 sq.ft.	$157,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.38% Airbnb Rental Income: $null Traditional Rental Income: $1533 Airbnb ROI: N/A Traditional ROI: 8.38%
583 Lee Road 250 SALEM, AL Private Country Retreat with Modern Comforts! Welcome to your dream escape, this stunning ...	4 beds \| 4 baths \| 2,540 sq.ft.	$525,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.78% Airbnb Rental Income: $null Traditional Rental Income: $3083 Airbnb ROI: N/A Traditional ROI: 4.78%
224 Lee Road 334 SALEM, AL This stunning 4-bedroom, 2-bath craftsman style home sits on a half-acre lot and has all t...	4 beds \| 2 baths \| 2,156 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.44% Airbnb Rental Income: $null Traditional Rental Income: $2522 Airbnb ROI: N/A Traditional ROI: 5.44%
Lot 3 LEE ROAD 344 SALEM, AL 4 BEDROOMS, 3 BATHROOMS, 2 ELEVATIONS, 1 AMAZING FLOOR PLAN! The Glenhaven is a customer f...	4 beds \| 3 baths \| 2,823 sq.ft.	$537,453	Airbnb cash on cash: N/A Traditional cash on cash: 4.36% Airbnb Rental Income: $null Traditional Rental Income: $2798 Airbnb ROI: N/A Traditional ROI: 4.36%
583 Lee Road 0250 SALEM, AL Private Country Retreat with Modern Comforts! Welcome to your dream escape nestled on 6.6 ...	4 beds \| N/A baths \| 2,540 sq.ft.	$525,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.62% Airbnb Rental Income: $null Traditional Rental Income: $3540 Airbnb ROI: N/A Traditional ROI: 5.62%
3777 Lee Road 0254 SALEM, AL Nestled on 5 private acres, this stunning white craftsman-style home with black windows, s...	5 beds \| N/A baths \| 2,855 sq.ft.	$599,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.29% Airbnb Rental Income: $null Traditional Rental Income: $3059 Airbnb ROI: N/A Traditional ROI: 4.29%
4684 Lee Road 0175 SALEM, AL This Cozy 2-bedrooms /2 bathrooms home offers a warm and inviting layout designed for both...	2 beds \| 2 baths \| 1,342 sq.ft.	$199,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.37% Airbnb Rental Income: $null Traditional Rental Income: $1563 Airbnb ROI: N/A Traditional ROI: 6.37%
3777 Lee Road 254 SALEM, AL Nestled on 5 private acres, this stunning white craftsman-style home with black windows, s...	5 beds \| 4 baths \| 2,855 sq.ft.	$599,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.38% Airbnb Rental Income: $null Traditional Rental Income: $3246 Airbnb ROI: N/A Traditional ROI: 4.38%

Real Estate investment in Salem, AL

There are 56 properties for sale in the city of Salem . The median list price in Salem is $399,900 and the average price per square foot is $192. In October 2025, the average monthly cash on cash return in Salem is 5.00%. The average monthly rental income in Salem is $2,365.

Salem, AL Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 56 investment properties available for sale in Salem.

In 2025, the best neighborhood to buy investment property is SALEM.

The ROI for Long-Term is higher than the Short-Term in Salem with average rental income of $2,365.

Your search for investment property begins and ends here

Investment Property for Sale in Salem, AL

657 LEE ROAD 334

SALEM, AL

4 beds | 4 baths | 3,029 sq.ft.

$549,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.38%

Airbnb Rental Income: $null

Traditional Rental Income: $2867

Airbnb ROI: N/A

Traditional ROI: 4.38%

611 LEE ROAD 334

SALEM, AL

4 beds | 3 baths | 2,599 sq.ft.

$499,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.79%

Airbnb Rental Income: $null

Traditional Rental Income: $2346

Airbnb ROI: N/A

Traditional ROI: 3.79%

248 Lee Road 0936

SALEM, AL

3 beds | 2 baths | 1,500 sq.ft.

$599,899

Airbnb cash on cash: 0.25%

Traditional cash on cash: 2.5%

Airbnb Rental Income: $1490

Traditional Rental Income: $2310

Airbnb ROI: 0.25%

Traditional ROI: 2.5%

4684 Lee Road 175

SALEM, AL

2 beds | 2 baths | 1,342 sq.ft.

$199,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.65%

Airbnb Rental Income: $null

Traditional Rental Income: $1595

Airbnb ROI: N/A

Traditional ROI: 6.65%

87 Lee Road 2224

SALEM, AL

4 beds | 3 baths | 2,618 sq.ft.

$449,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.78%

Airbnb Rental Income: $null

Traditional Rental Income: $2403

Airbnb ROI: N/A

Traditional ROI: 3.78%

903 Lee Road 2087

SALEM, AL

3 beds | 2 baths | 1,793 sq.ft.

$314,900

Airbnb cash on cash: 1.9%

Traditional cash on cash: 6.02%

Airbnb Rental Income: $1490

Traditional Rental Income: $2272

Airbnb ROI: 1.9%

Traditional ROI: 6.02%

156 Lee Road 175

SALEM, AL

3 beds | 1 baths | 2,340 sq.ft.

$155,000

Airbnb cash on cash: 5.05%

Traditional cash on cash: 11.54%

Airbnb Rental Income: $1490

Traditional Rental Income: $2015

Airbnb ROI: 5.05%

Traditional ROI: 11.54%

9186 Lee Road 158

SALEM, AL

4 beds | 3 baths | 2,552 sq.ft.

$489,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.48%

Airbnb Rental Income: $null

Traditional Rental Income: $2616

Airbnb ROI: N/A