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
1544 Lee Road 279 SALEM, AL Welcome to 1544 Lee Road 279 Salem, AL! This "Like New" home can be YOUR New Home today! A...	4 beds \| 2 baths \| 2,092 sq.ft.	$344,899	Airbnb cash on cash: N/A Traditional cash on cash: 4.38% Airbnb Rental Income: $null Traditional Rental Income: $1955 Airbnb ROI: N/A Traditional ROI: 4.38%
3506 Lee Road 250 SALEM, AL Welcome to your new personal retreat on 3.25 private acres on highway 250- perfectly posit...	4 beds \| 2 baths \| 2,718 sq.ft.	$429,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.21% Airbnb Rental Income: $null Traditional Rental Income: $2600 Airbnb ROI: N/A Traditional ROI: 5.21%
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%
2893 Lee Road 250 SALEM, AL This home is a true hidden gem and definitely worth a look! If privacy, space, and conveni...	3 beds \| 2 baths \| 1,889 sq.ft.	$329,900	Airbnb cash on cash: -0.96% Traditional cash on cash: 4.93% Airbnb Rental Income: $484 Traditional Rental Income: $2043 Airbnb ROI: -0.96% Traditional ROI: 4.93%
122 Lee Road 2121 SALEM, AL Welcome home to this stunning craftsman-style retreat nestled among towering pines in Sale...	4 beds \| 3 baths \| 2,548 sq.ft.	$475,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.13% Airbnb Rental Income: $null Traditional Rental Income: $2630 Airbnb ROI: N/A Traditional ROI: 4.13%
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: -0.61% Traditional cash on cash: 11.54% Airbnb Rental Income: $484 Traditional Rental Income: $2015 Airbnb ROI: -0.61% Traditional ROI: 11.54%
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: -1.01% Traditional cash on cash: 2.18% Airbnb Rental Income: $484 Traditional Rental Income: $3009 Airbnb ROI: -1.01% 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 This beautiful, very well maintained, 4 BR/3BA home offers an inviting open layout and num...	4 beds \| 3 baths \| 2,620 sq.ft.	$484,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.61% Airbnb Rental Income: $null Traditional Rental Income: $2806 Airbnb ROI: N/A Traditional ROI: 4.61%
9054 LEE ROAD 158 SALEM, AL Exceptional one-level, new construction in Salem, AL! This must-see property sits on 3 acr...	4 beds \| 3 baths \| 2,335 sq.ft.	$458,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.13% Airbnb Rental Income: $null Traditional Rental Income: $2737 Airbnb ROI: N/A Traditional ROI: 5.13%
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%
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.	$690,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.74% Airbnb Rental Income: $null Traditional Rental Income: $3227 Airbnb ROI: N/A Traditional ROI: 3.74%
1754 Lee Road 0348 SALEM, AL Welcome to your lakeside retreat! This beautifully updated 2-story home offers the perfect...	4 beds \| 3 baths \| 2,700 sq.ft.	$690,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.1% Airbnb Rental Income: $null Traditional Rental Income: $2994 Airbnb ROI: N/A Traditional ROI: 3.1%
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: -1.15% Traditional cash on cash: 0.86% Airbnb Rental Income: $484 Traditional Rental Income: $1529 Airbnb ROI: -1.15% Traditional ROI: 0.86%
2 Lee Rd 344 SALEM, AL Welcome to the Emerald floorplan. 4 bedrooms, 3 bathrooms with a beautiful foyer. Sitting ...	4 beds \| 3 baths \| 2,338 sq.ft.	$519,999	Airbnb cash on cash: N/A Traditional cash on cash: 4.47% Airbnb Rental Income: $null Traditional Rental Income: $2766 Airbnb ROI: N/A Traditional ROI: 4.47%
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%
307 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 \| 1,880 sq.ft.	$384,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.72% Airbnb Rental Income: $null Traditional Rental Income: $2307 Airbnb ROI: N/A Traditional ROI: 4.72%
181 Lee Rd 345 SALEM, AL Situated on 1.01+/- Acres. Beautiful under construction home in Salem, Lee County, AL! 4/2...	4 beds \| 2 baths \| 1,904 sq.ft.	$389,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.65% Airbnb Rental Income: $null Traditional Rental Income: $2307 Airbnb ROI: N/A Traditional ROI: 4.65%
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: -0.52% Traditional cash on cash: 8.91% Airbnb Rental Income: $484 Traditional Rental Income: $2249 Airbnb ROI: -0.52% 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.	$369,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.93% Airbnb Rental Income: $null Traditional Rental Income: $2292 Airbnb ROI: N/A Traditional ROI: 4.93%
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: -0.66% Traditional cash on cash: 3.06% Airbnb Rental Income: $484 Traditional Rental Income: $1473 Airbnb ROI: -0.66% 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: -0.98% Traditional cash on cash: 4.91% Airbnb Rental Income: $484 Traditional Rental Income: $1876 Airbnb ROI: -0.98% 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: -0.94% Traditional cash on cash: 2.71% Airbnb Rental Income: $484 Traditional Rental Income: $2258 Airbnb ROI: -0.94% Traditional ROI: 2.71%
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: 4.06% Airbnb Rental Income: $null Traditional Rental Income: $2878 Airbnb ROI: N/A Traditional ROI: 4.06%
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%
1705 Lee Road 348 SALEM, AL The Ultimate Lake Harding Lifestyle: Custom Luxury and Endless Water Views Experience the ...	4 beds \| 4 baths \| 4,230 sq.ft.	$760,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.81% Airbnb Rental Income: $null Traditional Rental Income: $4378 Airbnb ROI: N/A Traditional ROI: 4.81%
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.	$775,000	Airbnb cash on cash: -1.24% Traditional cash on cash: 2.34% Airbnb Rental Income: $484 Traditional Rental Income: $2801 Airbnb ROI: -1.24% Traditional ROI: 2.34%
1705 Lee Road 0348 SALEM, AL The Ultimate Lake Harding Lifestyle: Custom Luxury and Endless Water Views Experience the ...	4 beds \| 4 baths \| 4,230 sq.ft.	$760,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.62% Airbnb Rental Income: $null Traditional Rental Income: $4099 Airbnb ROI: N/A Traditional ROI: 4.62%
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 Discover a residence where thoughtful design meets everyday functionality, creating an inv...	3 beds \| 2 baths \| 1,650 sq.ft.	$319,900	Airbnb cash on cash: -0.64% Traditional cash on cash: 4.98% Airbnb Rental Income: $484 Traditional Rental Income: $1905 Airbnb ROI: -0.64% Traditional ROI: 4.98%
1 Lee Rd 345 SALEM, AL $20,000 seller concessions with preferred lender. The Abernathy is a fantastic single stor...	4 beds \| 2 baths \| 2,200 sq.ft.	$474,999	Airbnb cash on cash: N/A Traditional cash on cash: 4.21% Airbnb Rental Income: $null Traditional Rental Income: $2420 Airbnb ROI: N/A Traditional ROI: 4.21%

Real Estate investment in Salem, AL

There are 72 properties for sale in the city of Salem . The median list price in Salem is $499,945 and the average price per square foot is $189. In June 2026, the average monthly cash on cash return in Salem is 5.00%. The average monthly rental income in Salem is $2,360.

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

There are 72 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 $2,360.

Your search for investment property begins and ends here

Investment Property for Sale in Salem, AL

1544 Lee Road 279

SALEM, AL

4 beds | 2 baths | 2,092 sq.ft.

$344,899

Airbnb cash on cash: N/A

Traditional cash on cash: 4.38%

Airbnb Rental Income: $null

Traditional Rental Income: $1955

Airbnb ROI: N/A

Traditional ROI: 4.38%

3506 Lee Road 250

SALEM, AL

4 beds | 2 baths | 2,718 sq.ft.

$429,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.21%

Airbnb Rental Income: $null

Traditional Rental Income: $2600

Airbnb ROI: N/A

Traditional ROI: 5.21%

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%

2893 Lee Road 250

SALEM, AL

3 beds | 2 baths | 1,889 sq.ft.

$329,900

Airbnb cash on cash: -0.96%

Traditional cash on cash: 4.93%

Airbnb Rental Income: $484

Traditional Rental Income: $2043

Airbnb ROI: -0.96%

Traditional ROI: 4.93%

122 Lee Road 2121

SALEM, AL

4 beds | 3 baths | 2,548 sq.ft.

$475,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.13%

Airbnb Rental Income: $null

Traditional Rental Income: $2630

Airbnb ROI: N/A

Traditional ROI: 4.13%

156 Lee Road 175

SALEM, AL

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

$155,000

Airbnb cash on cash: -0.61%

Traditional cash on cash: 11.54%

Airbnb Rental Income: $484

Traditional Rental Income: $2015

Airbnb ROI: -0.61%

Traditional ROI: 11.54%

1360 Lee Road 338

SALEM, AL

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

$939,900

Airbnb cash on cash: -1.01%

Traditional cash on cash: 2.18%

Airbnb Rental Income: $484

Traditional Rental Income: $3009

Airbnb ROI: -1.01%

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