Real Estate Investments for Sale in Salem, AL With High ROI

Are you looking for a vacation rental in Salem, AL? Look no further! We have a wide variety of vacation available for sale, including beachfront condos, mountain single-family homes, townhouses, vacation homes and everything in between.

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
108 Lee Road 337 SALEM, AL Enjoy the panoramic views of this unique Lake Harding Property from inside or outside the ...	4 beds \| 3 baths \| N/A	$519,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.92% Airbnb Rental Income: $null Traditional Rental Income: $2036 Airbnb ROI: N/A Traditional ROI: 2.92%
56 Woody Acres Drive SALEM, AL This is a brand new 4 bedroom, 3 bath manufactured home set on a permanent foundation that...	4 beds \| 2 baths \| N/A	$245,000	Airbnb cash on cash: N/A Traditional cash on cash: 7% Airbnb Rental Income: $null Traditional Rental Income: $2040 Airbnb ROI: N/A Traditional ROI: 7%
781 Lee Rd 205 SALEM, AL Brand New Construction home on 2.32 Acres in Lee County. 3 Bedroom. 2 Bathroom. Large, ope...	3 beds \| 2 baths \| N/A	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.19% Airbnb Rental Income: $null Traditional Rental Income: $1933 Airbnb ROI: N/A Traditional ROI: 4.19%
401 Lee Rd 281 SALEM, AL $5000 SELLER CONCESSION AND $500 BUYER AGENT BONUS LOAN IS A VA ASSUMABLE. NEW ROOF I...	3 beds \| 3 baths \| N/A	$405,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.4% Airbnb Rental Income: $null Traditional Rental Income: $2155 Airbnb ROI: N/A Traditional ROI: 4.4%
127 Lee Rd 2209 SALEM, AL Welcome home to this adorable, craftsman style home located in the desirable Sadona Ridge ...	4 beds \| 2 baths \| N/A	$399,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.49% Airbnb Rental Income: $null Traditional Rental Income: $2006 Airbnb ROI: N/A Traditional ROI: 3.49%
299 Lee Road 793 SALEM, AL Have your own beach on Lake Harding! Private home near the end of the point on a west faci...	3 beds \| 2 baths \| N/A	$359,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.74% Airbnb Rental Income: $null Traditional Rental Income: $1724 Airbnb ROI: N/A Traditional ROI: 3.74%
6661 Lee Road 401 SALEM, AL Set on 1.5 acres+/- in desirable Magnolia Ridge this immaculate home has an open floor pla...	4 beds \| 4 baths \| N/A	$455,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.63% Airbnb Rental Income: $null Traditional Rental Income: $3074 Airbnb ROI: N/A Traditional ROI: 5.63%
401 LEE ROAD 0281 SALEM, AL LOAN IS A VA ASSUMABLE. NEW ROOF IN 2021. NEWER HVAC AND WATER HEATER! This charming home...	3 beds \| 3 baths \| 2,749 sq.ft.	$405,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.99% Airbnb Rental Income: $null Traditional Rental Income: $2142 Airbnb ROI: N/A Traditional ROI: 3.99%
216 LEE ROAD 2207 SALEM, AL This 4 bedroom, 3.5 Bath home is Situated on a large lot in Sedona Ridge Subdivision! feat...	4 beds \| 4 baths \| 2,712 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.39% Airbnb Rental Income: $null Traditional Rental Income: $2995 Airbnb ROI: N/A Traditional ROI: 6.39%
708 LEE ROAD 434 SALEM, AL Nestled amidst the tranquil beauty of Salem, Alabama, this exquisite property offers a per...	3 beds \| 2 baths \| 1,550 sq.ft.	$325,180	Airbnb cash on cash: N/A Traditional cash on cash: 3.93% Airbnb Rental Income: $null Traditional Rental Income: $1726 Airbnb ROI: N/A Traditional ROI: 3.93%
174 LEE ROAD 2183 SALEM, AL This charming home situated on 3 acres in Cedar Estates has all you need and more! This ho...	4 beds \| 3 baths \| 2,460 sq.ft.	$439,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.1% Airbnb Rental Income: $null Traditional Rental Income: $2324 Airbnb ROI: N/A Traditional ROI: 4.1%
334 LEE ROAD 2154 SALEM, AL Beautiful brick 4 BR/2.5 BA home in desirable Corbett Creek Falls S/D. Spacious split flo...	4 beds \| 3 baths \| 2,319 sq.ft.	$514,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.14% Airbnb Rental Income: $null Traditional Rental Income: $2303 Airbnb ROI: N/A Traditional ROI: 3.14%
100 LEE RD 793 SALEM, AL WATERFRONT property on Lake Harding! Property has 1 br but there are 2 bonus rooms that do...	1 beds \| 2 baths \| 1,544 sq.ft.	$219,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.25% Airbnb Rental Income: $null Traditional Rental Income: $1480 Airbnb ROI: N/A Traditional ROI: 5.25%
209 LEE ROAD 352 SALEM, AL Nestled in the trees with easy access to the community boat ramp and doc you can have your...	2 beds \| 1 baths \| 1,120 sq.ft.	$149,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.59% Airbnb Rental Income: $null Traditional Rental Income: $1081 Airbnb ROI: N/A Traditional ROI: 5.59%
1024 LEE ROAD 175 SALEM, AL Welcome to your dream home in Salem, Alabama, nestled on a sprawling two-acre lot surround...	3 beds \| 2 baths \| 2,487 sq.ft.	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.99% Airbnb Rental Income: $null Traditional Rental Income: $1793 Airbnb ROI: N/A Traditional ROI: 2.99%
62 LEE ROAD 2037 SALEM, AL This newly constructed, custom home is 2353 sqft with three bedrooms and two full bathroom...	4 beds \| 3 baths \| 2,353 sq.ft.	$405,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.07% Airbnb Rental Income: $null Traditional Rental Income: $2415 Airbnb ROI: N/A Traditional ROI: 5.07%
873 LEE ROAD 132 SALEM, AL Bring your animals large and small to enjoy a wonderful property! Brick exterior home, two...	3 beds \| 2 baths \| 1,290 sq.ft.	$332,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.62% Airbnb Rental Income: $null Traditional Rental Income: $1661 Airbnb ROI: N/A Traditional ROI: 3.62%
9183 LEE ROAD 158 SALEM, AL Lot 2, on Lee Road 158 is a rare find! This new construction home is situated on 5.02 acre...	4 beds \| 3 baths \| 2,560 sq.ft.	$459,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.95% Airbnb Rental Income: $null Traditional Rental Income: $2399 Airbnb ROI: N/A Traditional ROI: 3.95%
333 LEE ROAD 2154 SALEM, AL Privacy, acreage, a home as nice as new, and a cul-de-sac lot in Corbett Creek Falls means...	4 beds \| 2 baths \| 2,283 sq.ft.	$395,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.65% Airbnb Rental Income: $null Traditional Rental Income: $1967 Airbnb ROI: N/A Traditional ROI: 3.65%
2953 LEE ROAD 334 SALEM, AL Nestled on over 3 acres, just minutes from Lake Harding, this 4bed, 2.5bath home features ...	4 beds \| 3 baths \| 2,450 sq.ft.	$441,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.47% Airbnb Rental Income: $null Traditional Rental Income: $2395 Airbnb ROI: N/A Traditional ROI: 4.47%
Lot 3 Lee Road 339 SALEM, AL Step into your own idyllic waterfront sanctuary! Situated on a peaceful, level deeded lot,...	4 beds \| 2 baths \| N/A	$599,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.73% Airbnb Rental Income: $null Traditional Rental Income: $1752 Airbnb ROI: N/A Traditional ROI: 1.73%
992 Lee Road 283 SALEM, AL 100% Financing Available with No PMI and No Income Cap Come see this inviting home 4 b...	4 beds \| 4 baths \| N/A	$354,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.7% Airbnb Rental Income: $null Traditional Rental Income: $3118 Airbnb ROI: N/A Traditional ROI: 7.7%
58 Woody Acres Drive SALEM, AL This is a brand new 4 bedroom, 2 bath manufactured home set on a permanent foundation that...	4 beds \| 2 baths \| N/A	$245,000	Airbnb cash on cash: N/A Traditional cash on cash: 7% Airbnb Rental Income: $null Traditional Rental Income: $2040 Airbnb ROI: N/A Traditional ROI: 7%
99 lee rd 2166 SALEM, AL Beautiful brand new manufactured home in Salem/Lee County conveniently located between Ope...	3 beds \| 2 baths \| N/A	$192,500	Airbnb cash on cash: N/A Traditional cash on cash: 8.95% Airbnb Rental Income: $null Traditional Rental Income: $1930 Airbnb ROI: N/A Traditional ROI: 8.95%
74 Lee Road 2207 SALEM, AL This distinguished Craftsman Style residence boasts 4 bedrooms and 3.5 baths in Sedona Rid...	4 beds \| 4 baths \| N/A	$415,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.35% Airbnb Rental Income: $null Traditional Rental Income: $3082 Airbnb ROI: N/A Traditional ROI: 6.35%
2160 Lee Road 340 SALEM, AL Welcome to 2160 Lee Road 334, a stunning new construction home nestled on 3 acres in Mill ...	4 beds \| 3 baths \| N/A	$434,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.65% Airbnb Rental Income: $null Traditional Rental Income: $2428 Airbnb ROI: N/A Traditional ROI: 4.65%
1221 Lee Rd 333 SALEM, AL Back on the Market at no fault of the Seller!! Peaceful Country Living At It's Best! Come ...	3 beds \| 2 baths \| 1,080 sq.ft.	$149,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.2% Airbnb Rental Income: $null Traditional Rental Income: $1467 Airbnb ROI: N/A Traditional ROI: 8.2%
992 LEE ROAD 0283 SALEM, AL **100% Financing Available, No PMI & No Income Cap! Come see this inviting home 4 bed 3.5 ...	4 beds \| 4 baths \| 2,166 sq.ft.	$354,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.41% Airbnb Rental Income: $null Traditional Rental Income: $3033 Airbnb ROI: N/A Traditional ROI: 7.41%
1221 LEE ROAD 0333 SALEM, AL Back on the Market at No Fault of the Sellers!! Peaceful Country Living At It's Best! Come...	3 beds \| 2 baths \| 1,080 sq.ft.	$149,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.24% Airbnb Rental Income: $null Traditional Rental Income: $1478 Airbnb ROI: N/A Traditional ROI: 8.24%
590 LEE ROAD 0935 SALEM, AL Incredibly convenient 14.27 acres of seclusion less than three minutes from HWY 280/431 fo...	3 beds \| 3 baths \| 2,800 sq.ft.	$514,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.93% Airbnb Rental Income: $null Traditional Rental Income: $2182 Airbnb ROI: N/A Traditional ROI: 2.93%

Real Estate investment in Salem, AL

There are 30 properties for sale in the city of Salem . The median list price in Salem is $399,450 and the average price per square foot is $194. In April 2024, the average monthly cash on cash return in Salem is 4.00%. The average monthly rental income in Salem is $2,040.

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

There are 30 investment properties available for sale in Salem.

The ROI for Short-Term is higher than the Long-Term in Salem with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Salem, AL

108 Lee Road 337

SALEM, AL

4 beds | 3 baths | N/A

$519,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.92%

Airbnb Rental Income: $null

Traditional Rental Income: $2036

Airbnb ROI: N/A

Traditional ROI: 2.92%

56 Woody Acres Drive

SALEM, AL

4 beds | 2 baths | N/A

$245,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7%

Airbnb Rental Income: $null

Traditional Rental Income: $2040

Airbnb ROI: N/A

Traditional ROI: 7%

781 Lee Rd 205

SALEM, AL

3 beds | 2 baths | N/A

$349,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.19%

Airbnb Rental Income: $null

Traditional Rental Income: $1933

Airbnb ROI: N/A

Traditional ROI: 4.19%

401 Lee Rd 281

SALEM, AL

3 beds | 3 baths | N/A

$405,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.4%

Airbnb Rental Income: $null

Traditional Rental Income: $2155

Airbnb ROI: N/A

Traditional ROI: 4.4%

127 Lee Rd 2209

SALEM, AL

4 beds | 2 baths | N/A

$399,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.49%

Airbnb Rental Income: $null

Traditional Rental Income: $2006

Airbnb ROI: N/A

Traditional ROI: 3.49%

299 Lee Road 793

SALEM, AL

3 beds | 2 baths | N/A

$359,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.74%

Airbnb Rental Income: $null

Traditional Rental Income: $1724

Airbnb ROI: N/A

Traditional ROI: 3.74%

6661 Lee Road 401

SALEM, AL

4 beds | 4 baths | N/A

$455,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.63%

Airbnb Rental Income: $null

Traditional Rental Income: $3074

Airbnb ROI: N/A

Traditional ROI: 5.63%

401 LEE ROAD 0281

SALEM, AL

3 beds | 3 baths | 2,749 sq.ft.

$405,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.99%

Airbnb Rental Income: $null

Traditional Rental Income: $2142

Airbnb ROI: N/A