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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
72 Lee Road 2165 SALEM, AL Welcome to this spacious 4-bedroom, 2-bathroom home with 2,321 square feet of comfortable ...	4 beds \| 2 baths \| 2,321 sq.ft.	$169,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.78% Airbnb Rental Income: $null Traditional Rental Income: $2190 Airbnb ROI: N/A Traditional ROI: 11.78%
293 Lee Road 2087 SALEM, AL Welcome to 293 Lee Road 2087 in Salem, Alabama! This charming 3-bedroom, 2-bath home offer...	3 beds \| 2 baths \| 1,338 sq.ft.	$200,000	Airbnb cash on cash: -0.61% Traditional cash on cash: 6.08% Airbnb Rental Income: $512 Traditional Rental Income: $1507 Airbnb ROI: -0.61% Traditional ROI: 6.08%
138 Lee Road 2037 SALEM, AL This magnificent 4-bedroom, 3 bathroom home is designed for luxury living and high-end ent...	4 beds \| 3 baths \| 2,408 sq.ft.	$589,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.18% Airbnb Rental Income: $null Traditional Rental Income: $2549 Airbnb ROI: N/A Traditional ROI: 3.18%
1024 Lee Road 175 SALEM, AL Discover the perfect blend of space, comfort, and privacy in this beautiful all-brick ranc...	3 beds \| 2 baths \| 2,487 sq.ft.	$379,900	Airbnb cash on cash: -0.61% Traditional cash on cash: 4.17% Airbnb Rental Income: $512 Traditional Rental Income: $1942 Airbnb ROI: -0.61% Traditional ROI: 4.17%
254 Lee Road 0791 SALEM, AL Wake up to breathtaking long-range views of Lake Harding from this charming waterfront ret...	1 beds \| 1 baths \| 934 sq.ft.	$375,000	Airbnb cash on cash: 0.16% Traditional cash on cash: 1.31% Airbnb Rental Income: $830 Traditional Rental Income: $907 Airbnb ROI: 0.16% Traditional ROI: 1.31%
1360 Lee Road 338 SALEM, AL Nestled on the tranquil shores of Lake Harding that stays "Full Pool" year round and close...	3 beds \| 3 baths \| 3,035 sq.ft.	$939,900	Airbnb cash on cash: -0.99% Traditional cash on cash: 2.18% Airbnb Rental Income: $512 Traditional Rental Income: $3009 Airbnb ROI: -0.99% Traditional ROI: 2.18%
83 Lee Road 2210 SALEM, AL Welcome to this spacious 4-bedroom, 2.5-bath home located in the sought-after Sedona Ridge...	4 beds \| 3 baths \| 2,667 sq.ft.	$419,999	Airbnb cash on cash: N/A Traditional cash on cash: 5.24% Airbnb Rental Income: $null Traditional Rental Income: $2699 Airbnb ROI: N/A Traditional ROI: 5.24%
87 Lee Road 2223 SALEM, AL Motivated Seller...moving out of state! This beautiful, very well maintained, 4 BR/3BA hom...	4 beds \| 3 baths \| 2,620 sq.ft.	$474,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.72% Airbnb Rental Income: $null Traditional Rental Income: $2806 Airbnb ROI: N/A Traditional ROI: 4.72%
9054 LEE ROAD 158 SALEM, AL Seller is offering up to $8,000 in buyer Concessions with acceptable offer Exceptional o...	4 beds \| 3 baths \| 2,335 sq.ft.	$449,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.25% Airbnb Rental Income: $null Traditional Rental Income: $2737 Airbnb ROI: N/A Traditional ROI: 5.25%
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.	$190,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.75% Airbnb Rental Income: $null Traditional Rental Income: $1146 Airbnb ROI: N/A Traditional ROI: 4.75%
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.	$190,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.32% Airbnb Rental Income: $null Traditional Rental Income: $1215 Airbnb ROI: N/A Traditional ROI: 4.32%
6535 Lee Rd 175 SALEM, AL 45 Acres with 3 Homes on property and Multiple Outbuildings. Main house (1500 SF, 3 bedroo...	3 beds \| 1 baths \| 1,500 sq.ft.	$699,000	Airbnb cash on cash: -1.12% Traditional cash on cash: 0.86% Airbnb Rental Income: $512 Traditional Rental Income: $1529 Airbnb ROI: -1.12% Traditional ROI: 0.86%
2 Lee Rd 344 SALEM, AL Don't miss your opportunity to use $15,000 your way incentive on this beautiful new constr...	4 beds \| 3 baths \| 2,338 sq.ft.	$514,999	Airbnb cash on cash: N/A Traditional cash on cash: 4.52% Airbnb Rental Income: $null Traditional Rental Income: $2766 Airbnb ROI: N/A Traditional ROI: 4.52%
75 Lee Road 2058 SALEM, AL Located just outside the city with convenient access to Auburn, Opelika, Phenix City, and ...	4 beds \| 2 baths \| 1,700 sq.ft.	$340,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.02% Airbnb Rental Income: $null Traditional Rental Income: $2042 Airbnb ROI: N/A Traditional ROI: 5.02%
Lee Road 278 lot: A4 SALEM, AL Welcome to Lot A4 Lee Road 278, a brand-new construction home situated on over 5 acres, of...	4 beds \| 2 baths \| 1,800 sq.ft.	$387,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.46% Airbnb Rental Income: $null Traditional Rental Income: $2087 Airbnb ROI: N/A Traditional ROI: 4.46%
Lee Road 278 lot: A5 SALEM, AL Welcome to Lot A5 Lee Road 278, a brand-new construction home set on 5.07 acres, offering ...	4 beds \| 2 baths \| 1,880 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.46% Airbnb Rental Income: $null Traditional Rental Income: $2155 Airbnb ROI: N/A Traditional ROI: 4.46%
140 Lee Rd 2166 SALEM, AL Welcome to this well-maintained manufactured home offering comfort, functionality, and aff...	3 beds \| 2 baths \| 2,016 sq.ft.	$228,000	Airbnb cash on cash: -0.41% Traditional cash on cash: 8.91% Airbnb Rental Income: $512 Traditional Rental Income: $2249 Airbnb ROI: -0.41% Traditional ROI: 8.91%
Lee Road 278 lot: A6 SALEM, AL Welcome to Lot A6 Lee Road 278, a new construction home situated on over 5 acres, offering...	4 beds \| 2 baths \| 1,800 sq.ft.	$387,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.13% Airbnb Rental Income: $null Traditional Rental Income: $2104 Airbnb ROI: N/A Traditional ROI: 4.13%
329 Lee Rd 345 SALEM, AL Situated on 1.0+/- Acre. Beautiful under construction home in Salem, Lee County, AL! 4/2 w...	4 beds \| 2 baths \| 1,800 sq.ft.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.84% Airbnb Rental Income: $null Traditional Rental Income: $2292 Airbnb ROI: N/A Traditional ROI: 4.84%
1592 LEE ROAD 129 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.	$416,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.55% Airbnb Rental Income: $null Traditional Rental Income: $2419 Airbnb ROI: N/A Traditional ROI: 4.55%
1010 LEE ROAD 134 SALEM, AL Discover the opportunity to own 15.94 acres of land offering privacy, space, and flexibili...	3 beds \| 2 baths \| 984 sq.ft.	$360,000	Airbnb cash on cash: -0.59% Traditional cash on cash: 3.06% Airbnb Rental Income: $512 Traditional Rental Income: $1473 Airbnb ROI: -0.59% Traditional ROI: 3.06%
GP1165 Lee Road 347 SALEM, AL Charming Lake Harding Retreat with Deep Water & Big Views! This adorable 2-bedroom, 2-bath...	2 beds \| 2 baths \| 1,750 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.19% Airbnb Rental Income: $null Traditional Rental Income: $2457 Airbnb ROI: N/A Traditional ROI: 5.19%
33 LEE ROAD 2086 SALEM, AL Welcome to your brand-new home in the desirable Haley woods subdivision in Salem, Alabama!...	3 beds \| 2 baths \| 1,520 sq.ft.	$299,900	Airbnb cash on cash: -0.9% Traditional cash on cash: 4.91% Airbnb Rental Income: $512 Traditional Rental Income: $1876 Airbnb ROI: -0.9% Traditional ROI: 4.91%
5220 Lee Road 254 SALEM, AL Space to grow. Privacy to breathe. The lifestyle your family has been looking for. This ne...	4 beds \| 2 baths \| 1,910 sq.ft.	$389,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.04% Airbnb Rental Income: $null Traditional Rental Income: $2316 Airbnb ROI: N/A Traditional ROI: 5.04%
88 LEE ROAD 754 SALEM, AL Welcome to the River Oaks plan, A 4-bedroom, 2-bath residence offering 1,900+/- square fee...	4 beds \| 2 baths \| 1,900 sq.ft.	$390,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.48% Airbnb Rental Income: $null Traditional Rental Income: $2112 Airbnb ROI: N/A Traditional ROI: 4.48%
675 Lee Road 424 SALEM, AL Show this slice of Heaven in Lee County. 17.94 acres, over 2300 sq ft, almost 700 sq ft wa...	3 beds \| 2 baths \| 2,268 sq.ft.	$599,900	Airbnb cash on cash: -0.89% Traditional cash on cash: 2.71% Airbnb Rental Income: $512 Traditional Rental Income: $2258 Airbnb ROI: -0.89% Traditional ROI: 2.71%
171 Lee Rd 143 SALEM, AL Get in early on this beautiful New Construction home on 1.2 acres. This isn't just a home ...	4 beds \| 3 baths \| 2,307 sq.ft.	$479,999	Airbnb cash on cash: N/A Traditional cash on cash: 4.75% Airbnb Rental Income: $null Traditional Rental Income: $2696 Airbnb ROI: N/A Traditional ROI: 4.75%
605 Lee Road 0346 SALEM, AL Enjoy lake living on Lake Harding with this 3 bedroom, 2 bathroom home situated on a deede...	3 beds \| 2 baths \| 2,800 sq.ft.	$750,000	Airbnb cash on cash: -1.2% Traditional cash on cash: 2.47% Airbnb Rental Income: $512 Traditional Rental Income: $2801 Airbnb ROI: -1.2% Traditional ROI: 2.47%
3217 Lee Road 334 SALEM, AL Experience the ideal blend of contemporary comfort and well-planned design in this stunnin...	4 beds \| 3 baths \| 2,397 sq.ft.	$504,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.5% Airbnb Rental Income: $null Traditional Rental Income: $2701 Airbnb ROI: N/A Traditional ROI: 4.5%
3239 Lee Road 334 SALEM, AL Under Construction- Discover the charm of country living with this beautifully designed cu...	4 beds \| 4 baths \| 2,397 sq.ft.	$499,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.66% Airbnb Rental Income: $null Traditional Rental Income: $2752 Airbnb ROI: N/A Traditional ROI: 4.66%
4045 Lee Road 175 SALEM, AL Step into a residence where thoughtful design meets everyday functionality. This charming ...	3 beds \| 2 baths \| 1,650 sq.ft.	$319,900	Airbnb cash on cash: -0.58% Traditional cash on cash: 4.96% Airbnb Rental Income: $512 Traditional Rental Income: $1905 Airbnb ROI: -0.58% Traditional ROI: 4.96%
150 Lee Road 2056 SALEM, AL Welcome to 150 Lee road 2056! A beautifully maintained 3-bedroom, 2-bathroom home sitting ...	3 beds \| 2 baths \| 2,268 sq.ft.	$360,000	Airbnb cash on cash: -0.59% Traditional cash on cash: 4.69% Airbnb Rental Income: $512 Traditional Rental Income: $2023 Airbnb ROI: -0.59% Traditional ROI: 4.69%
209 LEE ROAD 2121 SALEM, AL Welcome to your dream waterfront sanctuary on the highly coveted Lake Harding. Built in 20...	3 beds \| 4 baths \| 2,570 sq.ft.	$899,900	Airbnb cash on cash: -0.84% Traditional cash on cash: 2.1% Airbnb Rental Income: $512 Traditional Rental Income: $2698 Airbnb ROI: -0.84% Traditional ROI: 2.1%
1024 Lee Road 0175 SALEM, AL Discover the perfect blend of space, comfort, and privacy in this beautiful all-brick ranc...	3 beds \| 2 baths \| 2,487 sq.ft.	$379,900	Airbnb cash on cash: -1% Traditional cash on cash: 4.32% Airbnb Rental Income: $512 Traditional Rental Income: $2136 Airbnb ROI: -1% Traditional ROI: 4.32%
1759 Lee Road 278 SALEM, AL Welcome to this stunning new construction home situated on 10 acres in Salem, offering spa...	5 beds \| 4 baths \| 2,704 sq.ft.	$575,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.15% Airbnb Rental Income: $null Traditional Rental Income: $2872 Airbnb ROI: N/A Traditional ROI: 4.15%
2165 LEE ROAD 281 SALEM, AL This stunning 4-bedroom, 2.5-bath farmhouse-style home makes a lasting first impression wi...	4 beds \| 3 baths \| 2,200 sq.ft.	$429,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.33% Airbnb Rental Income: $null Traditional Rental Income: $2655 Airbnb ROI: N/A Traditional ROI: 5.33%
2187 Lee Road 281 SALEM, AL Exquisite Southern country-style home offering 4 bedrooms, 2.5 baths, and approximately 2,...	4 beds \| 3 baths \| 2,200 sq.ft.	$429,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.33% Airbnb Rental Income: $null Traditional Rental Income: $2655 Airbnb ROI: N/A Traditional ROI: 5.33%
1080 Lee Road 0338 SALEM, AL Affordable Lake Harding Living with Incredible Potential! Enjoy the lake lifestyle you've ...	3 beds \| 2 baths \| 2,664 sq.ft.	$745,000	Airbnb cash on cash: -0.81% Traditional cash on cash: 2.7% Airbnb Rental Income: $512 Traditional Rental Income: $2677 Airbnb ROI: -0.81% Traditional ROI: 2.7%
250 Lee Road 2166 SALEM, AL Welcome home to this beautiful new construction featuring 3 bedrooms and 2 bathrooms with ...	3 beds \| 2 baths \| 1,580 sq.ft.	$275,000	Airbnb cash on cash: -0.5% Traditional cash on cash: 5.98% Airbnb Rental Income: $512 Traditional Rental Income: $1918 Airbnb ROI: -0.5% Traditional ROI: 5.98%
286 Lee Rd 2086 SALEM, AL Haley Woods Subdivision is country living with neighbors - Located within 30 minutes to Ph...	3 beds \| 2 baths \| 1,301 sq.ft.	$225,000	Airbnb cash on cash: -0.94% Traditional cash on cash: 5.73% Airbnb Rental Income: $512 Traditional Rental Income: $1658 Airbnb ROI: -0.94% Traditional ROI: 5.73%

Real Estate investment in Salem, AL

There are 68 properties for sale in the city of Salem . The median list price in Salem is $499,990 and the average price per square foot is $187. In July 2026, the average monthly cash on cash return in Salem is 5.00%. The average monthly rental income in Salem is $2,419.

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

There are 68 investment properties available for sale in Salem.

In 2026, 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 $2,419.

Your search for investment property begins and ends here

Investment Property for Sale in Salem, AL

72 Lee Road 2165

SALEM, AL

4 beds | 2 baths | 2,321 sq.ft.

$169,900

Airbnb cash on cash: N/A

Traditional cash on cash: 11.78%

Airbnb Rental Income: $null

Traditional Rental Income: $2190

Airbnb ROI: N/A

Traditional ROI: 11.78%

293 Lee Road 2087

SALEM, AL

3 beds | 2 baths | 1,338 sq.ft.

$200,000

Airbnb cash on cash: -0.61%

Traditional cash on cash: 6.08%

Airbnb Rental Income: $512

Traditional Rental Income: $1507

Airbnb ROI: -0.61%

Traditional ROI: 6.08%

138 Lee Road 2037

SALEM, AL

4 beds | 3 baths | 2,408 sq.ft.

$589,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.18%

Airbnb Rental Income: $null

Traditional Rental Income: $2549

Airbnb ROI: N/A

Traditional ROI: 3.18%

1024 Lee Road 175

SALEM, AL

3 beds | 2 baths | 2,487 sq.ft.

$379,900

Airbnb cash on cash: -0.61%

Traditional cash on cash: 4.17%

Airbnb Rental Income: $512

Traditional Rental Income: $1942

Airbnb ROI: -0.61%

Traditional ROI: 4.17%

254 Lee Road 0791

SALEM, AL

1 beds | 1 baths | 934 sq.ft.

$375,000

Airbnb cash on cash: 0.16%

Traditional cash on cash: 1.31%

Airbnb Rental Income: $830

Traditional Rental Income: $907

Airbnb ROI: 0.16%

Traditional ROI: 1.31%

1360 Lee Road 338

SALEM, AL

3 beds | 3 baths | 3,035 sq.ft.

$939,900

Airbnb cash on cash: -0.99%

Traditional cash on cash: 2.18%

Airbnb Rental Income: $512

Traditional Rental Income: $3009

Airbnb ROI: -0.99%

Traditional ROI: 2.18%

83 Lee Road 2210

SALEM, AL

4 beds | 3 baths | 2,667 sq.ft.

$419,999

Airbnb cash on cash: N/A

Traditional cash on cash: 5.24%

Airbnb Rental Income: $null

Traditional Rental Income: $2699

Airbnb ROI: N/A

Traditional ROI: 5.24%

87 Lee Road 2223

SALEM, AL

4 beds | 3 baths | 2,620 sq.ft.

$474,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.72%

Airbnb Rental Income: $null

Traditional Rental Income: $2806

Airbnb ROI: N/A