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
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: N/A Traditional cash on cash: 2.5% Airbnb Rental Income: $null Traditional Rental Income: $2310 Airbnb ROI: N/A Traditional ROI: 2.5%
204 LEE ROAD 0334 SALEM, AL This stunning NEW CONSTRUCTION, craftsman style, home boasts 4 spacious bedrooms and 2 bat...	4 beds \| 2 baths \| 2,056 sq.ft.	$389,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.83% Airbnb Rental Income: $null Traditional Rental Income: $2239 Airbnb ROI: N/A Traditional ROI: 4.83%
3729 LEE ROAD 0249 SALEM, AL Nestled on behind the trees in a 1.2 acre lot with only one neighbor in view this exceptio...	4 beds \| 3 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%
21 GREEN DUDLEY SALEM, AL Charming Craftsman Home on 1 Acre in Salem, AL This well-kept 4 bedroom, 2 bathroom Craft...	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.	$309,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.13% Airbnb Rental Income: $null Traditional Rental Income: $2000 Airbnb ROI: N/A Traditional ROI: 5.13%
2775 LEE ROAD 0140 SALEM, AL Immaculately maintained and move-in ready brick ranch home featuring four bedrooms and two...	4 beds \| 2 baths \| 1,275 sq.ft.	$209,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.12% Airbnb Rental Income: $null Traditional Rental Income: $1791 Airbnb ROI: N/A Traditional ROI: 7.12%
12239 AL HIGHWAY 169 SALEM, AL Experience the perfect blend of luxury and country living at 12239 AL Highway 169 in Salem...	4 beds \| 4 baths \| 4,143 sq.ft.	$825,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.61% Airbnb Rental Income: $null Traditional Rental Income: $3648 Airbnb ROI: N/A Traditional ROI: 3.61%
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%
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.	$725,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.88% Airbnb Rental Income: $null Traditional Rental Income: $2994 Airbnb ROI: N/A Traditional ROI: 2.88%
5105 LEE ROAD 379 SALEM, AL Conveniently located between Columbus and Opelika, on Lee Road 379 in Salem. 4 bedroom, 2...	4 beds \| 2 baths \| 2,237 sq.ft.	$382,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.71% Airbnb Rental Income: $null Traditional Rental Income: $2243 Airbnb ROI: N/A Traditional ROI: 4.71%
Lot 736 LEE ROAD 899 SALEM, AL Call Joe Powell with the Powell Real Estate Team to tour see this stunning Lake view and p...	2 beds \| 1 baths \| 886 sq.ft.	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.88% Airbnb Rental Income: $null Traditional Rental Income: $1633 Airbnb ROI: N/A Traditional ROI: 6.88%
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%
138 Lee Road 2037 SALEM, AL If you are looking for a magnificent home with an entertaining area, look no further. This...	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%
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.	$179,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.91% Airbnb Rental Income: $null Traditional Rental Income: $2015 Airbnb ROI: N/A Traditional ROI: 9.91%
87 Lee Road 2223 SALEM, AL This beautiful, very well kept, 4 BR/3BA home offers an inviting open layout and numerous ...	4 beds \| 3 baths \| 2,620 sq.ft.	$529,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.13% Airbnb Rental Income: $null Traditional Rental Income: $2806 Airbnb ROI: N/A Traditional ROI: 4.13%
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%
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%
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: N/A Traditional cash on cash: 6.21% Airbnb Rental Income: $null Traditional Rental Income: $1654 Airbnb ROI: N/A Traditional ROI: 6.21%
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%
1938 Lee Road 2087 SALEM, AL Tucked away on 4 private acres, this new construction home offers the feeling of seclusion...	4 beds \| 3 baths \| 2,606 sq.ft.	$479,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.5% Airbnb Rental Income: $null Traditional Rental Income: $2575 Airbnb ROI: N/A Traditional ROI: 4.5%
1528 Lee Road 348 SALEM, AL Lake Harding opportunity with incredible potential! Situated on 1.38 acres with 394 feet o...	3 beds \| 3 baths \| 3,846 sq.ft.	$419,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.27% Airbnb Rental Income: $null Traditional Rental Income: $2708 Airbnb ROI: N/A Traditional ROI: 5.27%
1218 Lee Road 279 SALEM, AL Welcome home to this picturesque, postcard worthy 10+ acre farm in the highly sought after...	4 beds \| 3 baths \| 2,100 sq.ft.	$471,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.58% Airbnb Rental Income: $null Traditional Rental Income: $2675 Airbnb ROI: N/A Traditional ROI: 4.58%
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.	$255,000	Airbnb cash on cash: N/A Traditional cash on cash: 6% Airbnb Rental Income: $null Traditional Rental Income: $1856 Airbnb ROI: N/A Traditional ROI: 6%
21 Green Dudley Road 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: 6.33% Airbnb Rental Income: $null Traditional Rental Income: $2322 Airbnb ROI: N/A Traditional ROI: 6.33%
135 Lee Road 334 SALEM, AL This beautiful custom home, sitting on four serene acres is calling your name! The moment ...	4 beds \| 3 baths \| 2,675 sq.ft.	$494,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.53% Airbnb Rental Income: $null Traditional Rental Income: $2664 Airbnb ROI: N/A Traditional ROI: 4.53%
83 Lee Road 334 SALEM, AL Ever dream of living on four beautiful, quiet acres in the country? That's exactly what 83...	4 beds \| 4 baths \| 2,530 sq.ft.	$485,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.93% Airbnb Rental Income: $null Traditional Rental Income: $2804 Airbnb ROI: N/A Traditional ROI: 4.93%
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%
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.	$725,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.51% Airbnb Rental Income: $null Traditional Rental Income: $3227 Airbnb ROI: N/A Traditional ROI: 3.51%
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%
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.	$319,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.91% Airbnb Rental Income: $null Traditional Rental Income: $2272 Airbnb ROI: N/A Traditional ROI: 5.91%
9186 Lee Road 158 SALEM, AL Move-in ready and packed with charm-this beautiful 4-bed, 2.5-bath new construction home s...	4 beds \| 3 baths \| 2,552 sq.ft.	$494,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.42% Airbnb Rental Income: $null Traditional Rental Income: $2616 Airbnb ROI: N/A Traditional ROI: 4.42%
2775 Lee Road 140 SALEM, AL Immaculately maintained and move-in ready brick ranch home featuring four bedrooms and two...	4 beds \| 2 baths \| 1,275 sq.ft.	$209,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.46% Airbnb Rental Income: $null Traditional Rental Income: $1823 Airbnb ROI: N/A Traditional ROI: 7.46%
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: N/A Traditional cash on cash: 11.57% Airbnb Rental Income: $null Traditional Rental Income: $1627 Airbnb ROI: N/A Traditional ROI: 11.57%
359 Lee Road 2087 SALEM, AL Welcome to Haley Woods, where this charming Salem home combines a comfortable floorplan, t...	3 beds \| 2 baths \| 1,234 sq.ft.	$199,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.75% Airbnb Rental Income: $null Traditional Rental Income: $1624 Airbnb ROI: N/A Traditional ROI: 6.75%
1927 Lee Rd 281 SALEM, AL Move in ready and completely updated on just less than an acre! This 4 bedroom, 2 bath hom...	4 beds \| 2 baths \| 1,392 sq.ft.	$260,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.47% Airbnb Rental Income: $null Traditional Rental Income: $1781 Airbnb ROI: N/A Traditional ROI: 5.47%
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%
3844 Lee Road 334 SALEM, AL Brand-new construction home sitting on 3 acres near Lake Harding. This 4-bedroom, 2.5-bath...	4 beds \| 3 baths \| 2,332 sq.ft.	$466,400	Airbnb cash on cash: N/A Traditional cash on cash: 4.62% Airbnb Rental Income: $null Traditional Rental Income: $2558 Airbnb ROI: N/A Traditional ROI: 4.62%
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: N/A Traditional cash on cash: 4.12% Airbnb Rental Income: $null Traditional Rental Income: $2892 Airbnb ROI: N/A Traditional ROI: 4.12%
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%
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%

Real Estate investment in Salem, AL

There are 52 properties for sale in the city of Salem . The median list price in Salem is $389,900 and the average price per square foot is $182. In September 2025, the average monthly cash on cash return in Salem is 5.00%. The average monthly rental income in Salem is $2,316.

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

There are 52 investment properties available for sale in Salem.

In 2025, the best neighborhood to buy investment property is 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

248 LEE ROAD 0936

SALEM, AL

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

$599,899

Airbnb cash on cash: N/A

Traditional cash on cash: 2.5%

Airbnb Rental Income: $null

Traditional Rental Income: $2310

Airbnb ROI: N/A

Traditional ROI: 2.5%

204 LEE ROAD 0334

SALEM, AL

4 beds | 2 baths | 2,056 sq.ft.

$389,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.83%

Airbnb Rental Income: $null

Traditional Rental Income: $2239

Airbnb ROI: N/A

Traditional ROI: 4.83%

3729 LEE ROAD 0249

SALEM, AL

4 beds | 3 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%

21 GREEN DUDLEY

SALEM, AL

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

3 beds | 2 baths | 1,891 sq.ft.

$309,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.13%

Airbnb Rental Income: $null

Traditional Rental Income: $2000

Airbnb ROI: N/A

Traditional ROI: 5.13%

2775 LEE ROAD 0140

SALEM, AL

4 beds | 2 baths | 1,275 sq.ft.

$209,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.12%

Airbnb Rental Income: $null

Traditional Rental Income: $1791

Airbnb ROI: N/A

Traditional ROI: 7.12%

12239 AL HIGHWAY 169

SALEM, AL

4 beds | 4 baths | 4,143 sq.ft.

$825,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.61%

Airbnb Rental Income: $null

Traditional Rental Income: $3648

Airbnb ROI: N/A

Traditional ROI: 3.61%

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