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.

New Hope Investment Property for Sale in Salem, AL

Search for New Hope Investment Property for Sale in Salem, Alabama. Browse all of Mashvisor’s New Hope Investment Property listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 89 New Hope Investment Property listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
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%
(Lot 3) LEE ROAD 158 SALEM, AL TO BE BUILT--- Brand new floor plan, The Clifford Plan. This beautifully designed space wi...	4 beds \| 4 baths \| N/A	$490,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.75% Airbnb Rental Income: $null Traditional Rental Income: $2917 Airbnb ROI: N/A Traditional ROI: 4.75%
153 Lee Road 2207 SALEM, AL *OPEN HOUSE SUNDAY 3/29 12 PM TO 4PM Tucked into the quiet beauty of Sedona Ridge in Sal...	4 beds \| 3 baths \| 2,400 sq.ft.	$439,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.76% Airbnb Rental Income: $null Traditional Rental Income: $1796 Airbnb ROI: N/A Traditional ROI: 2.76%
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.	$595,900	Airbnb cash on cash: 0.34% Traditional cash on cash: 2.52% Airbnb Rental Income: $1545 Traditional Rental Income: $2310 Airbnb ROI: 0.34% Traditional ROI: 2.52%
790 LEE ROAD 240 SALEM, AL Situated on a spacious 2.8 acre lot in Salem, this property offers a great combination of ...	4 beds \| 2 baths \| 1,482 sq.ft.	$250,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.97% Airbnb Rental Income: $null Traditional Rental Income: $1796 Airbnb ROI: N/A Traditional ROI: 5.97%
135 Lee Road 753 SALEM, AL Charming single-family home offers peaceful country living with plenty of space to enjoy. ...	3 beds \| 2 baths \| 1,200 sq.ft.	$225,000	Airbnb cash on cash: 3.37% Traditional cash on cash: 7.07% Airbnb Rental Income: $1545 Traditional Rental Income: $1887 Airbnb ROI: 3.37% Traditional ROI: 7.07%
5105 Lee Road 379 SALEM, AL Welcome to Creekside Estates! This Amazing Home features 4 oversized bedrooms and 2 full b...	4 beds \| 2 baths \| 2,237 sq.ft.	$374,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.78% Airbnb Rental Income: $null Traditional Rental Income: $2243 Airbnb ROI: N/A Traditional ROI: 4.78%
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%
416 LEE ROAD 2110 SALEM, AL Fully renovated 4 bed, 2 bath home on 0.84 acres with a rare detached powered workshop/off...	4 beds \| 2 baths \| 1,701 sq.ft.	$289,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.06% Airbnb Rental Income: $null Traditional Rental Income: $1841 Airbnb ROI: N/A Traditional ROI: 5.06%
54 Woody Acres Drive SALEM, AL This beautiful 4 bedroom, 3 bath manufactured home set on a permanent foundation is availa...	4 beds \| 3 baths \| 1,968 sq.ft.	$264,990	Airbnb cash on cash: N/A Traditional cash on cash: 6.67% Airbnb Rental Income: $null Traditional Rental Income: $2025 Airbnb ROI: N/A Traditional ROI: 6.67%
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: 5.36% Traditional cash on cash: 11.54% Airbnb Rental Income: $1545 Traditional Rental Income: $2015 Airbnb ROI: 5.36% Traditional ROI: 11.54%
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%
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.	$468,900	Airbnb cash on cash: N/A Traditional cash on cash: 5% Airbnb Rental Income: $null Traditional Rental Income: $2737 Airbnb ROI: N/A Traditional ROI: 5%
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.	$414,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.25% Airbnb Rental Income: $null Traditional Rental Income: $3075 Airbnb ROI: N/A Traditional ROI: 6.25%
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.	$699,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.68% Airbnb Rental Income: $null Traditional Rental Income: $3227 Airbnb ROI: N/A Traditional ROI: 3.68%
1754 Lee Road 0348 SALEM, AL Welcome to your lakeside retreat! This beautifully updated 2-story home offers the perfect...	4 beds \| 2 baths \| 2,700 sq.ft.	$699,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.04% Airbnb Rental Income: $null Traditional Rental Income: $2994 Airbnb ROI: N/A Traditional ROI: 3.04%
Lee Road 345 lot: 1 SALEM, AL $2,500 seller concessions with preferred lender. The Abernathy is a fantastic single-story...	4 beds \| 2 baths \| 2,200 sq.ft.	$474,999	Airbnb cash on cash: N/A Traditional cash on cash: 4.3% Airbnb Rental Income: $null Traditional Rental Income: $2543 Airbnb ROI: N/A Traditional ROI: 4.3%
611 Lee Rd 334 SALEM, AL Hunters Point, a Hughston Homes Community. Nestled in Salem, Alabama, on 1.82 acres. Welco...	4 beds \| 3 baths \| 2,599 sq.ft.	$499,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.83% Airbnb Rental Income: $null Traditional Rental Income: $2833 Airbnb ROI: N/A Traditional ROI: 4.83%
4984 Lee Road 158 SALEM, AL Set on 3 acres, this new construction home features 4 bedrooms and 2 bathrooms with an ope...	4 beds \| 2 baths \| 2,173 sq.ft.	$439,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.5% Airbnb Rental Income: $null Traditional Rental Income: $2373 Airbnb ROI: N/A Traditional ROI: 4.5%
348 Lee Road 2165 SALEM, AL Perfect for first-time home buyers, this beautifully renovated 4-bedroom, 2-bath home offe...	4 beds \| 2 baths \| 2,128 sq.ft.	$205,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.1% Airbnb Rental Income: $null Traditional Rental Income: $2278 Airbnb ROI: N/A Traditional ROI: 10.1%
2121 Lee Road 281 SALEM, AL New Construction \| New Year \| New Opportunities! This beautifully crafted Craftsman-style ...	4 beds \| 3 baths \| 2,100 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.91% Airbnb Rental Income: $null Traditional Rental Income: $2697 Airbnb ROI: N/A Traditional ROI: 5.91%
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: 0.2% Traditional cash on cash: 0.86% Airbnb Rental Income: $1545 Traditional Rental Income: $1529 Airbnb ROI: 0.2% Traditional ROI: 0.86%
2 Lee Road 344 SALEM, AL Welcome to the Emerald floor Plan 4 bedrooms, 3 bath with a beautiful foyer. Sitting on 4+...	4 beds \| 3 baths \| 2,338 sq.ft.	$539,999	Airbnb cash on cash: N/A Traditional cash on cash: 4.27% Airbnb Rental Income: $null Traditional Rental Income: $2766 Airbnb ROI: N/A Traditional ROI: 4.27%
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%
8449 Lee Road 158 SALEM, AL Clean and move-on ready. Beautiful 2.95 acres level lot. Woods on the right side of the pr...	3 beds \| 2 baths \| 1,960 sq.ft.	$186,000	Airbnb cash on cash: 4.27% Traditional cash on cash: 10.03% Airbnb Rental Income: $1545 Traditional Rental Income: $2118 Airbnb ROI: 4.27% Traditional ROI: 10.03%
8449 Lee Road 0158 SALEM, AL Clean and move-on ready. Beautiful 2.95 acres level lot. Woods on the right side of the pr...	3 beds \| 2 baths \| 1,960 sq.ft.	$186,000	Airbnb cash on cash: 4.27% Traditional cash on cash: 10.11% Airbnb Rental Income: $1545 Traditional Rental Income: $2131 Airbnb ROI: 4.27% Traditional ROI: 10.11%
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%
3 Pine Grove Lane SALEM, AL Acreage + Shop/RV storage + a 1,923 sq ft home built in 2019 by Harding Builders. This hom...	3 beds \| 2 baths \| 1,923 sq.ft.	$349,900	Airbnb cash on cash: 1.8% Traditional cash on cash: 5.24% Airbnb Rental Income: $1545 Traditional Rental Income: $2228 Airbnb ROI: 1.8% Traditional ROI: 5.24%
803 Lee Rd 240 SALEM, AL Looking for some room to spread out? How about 10 acres? There are so many options for thi...	4 beds \| 3 baths \| 2,417 sq.ft.	$449,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.07% Airbnb Rental Income: $null Traditional Rental Income: $2684 Airbnb ROI: N/A Traditional ROI: 5.07%
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%
214 Lee Road 2191 SALEM, AL Welcome to this beautifully maintained home, built in 2022 and set on a private 3.33-acre ...	4 beds \| 3 baths \| 2,866 sq.ft.	$475,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.73% Airbnb Rental Income: $null Traditional Rental Income: $2827 Airbnb ROI: N/A Traditional ROI: 4.73%
140 Lee Rd 2166 SALEM, AL Welcome to this well-maintained manufactured home offering comfort, functionality, and aff...	4 beds \| 2 baths \| 2,016 sq.ft.	$228,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.91% Airbnb Rental Income: $null Traditional Rental Income: $2249 Airbnb ROI: N/A Traditional ROI: 8.91%
1301 Lee Road 0345 SALEM, AL Welcome to your perfect lakeside retreat, where charm, comfort, and timeless craftsmanship...	4 beds \| 3 baths \| 1,760 sq.ft.	$597,310	Airbnb cash on cash: N/A Traditional cash on cash: 1.55% Airbnb Rental Income: $null Traditional Rental Income: $1796 Airbnb ROI: N/A Traditional ROI: 1.55%
(Lot 1) LEE ROAD 158 SALEM, AL Sweet Homes Estates â Phase 1 offers a limited opportunity to build new construction hom...	3 beds \| 3 baths \| 2,748 sq.ft.	$350,000	Airbnb cash on cash: 1.65% Traditional cash on cash: 6.07% Airbnb Rental Income: $1545 Traditional Rental Income: $2553 Airbnb ROI: 1.65% Traditional ROI: 6.07%
(Lot 2) LEE ROAD 158 SALEM, AL Sweet Homes Estates â Phase 1 offers a limited opportunity to build new construction hom...	4 beds \| 4 baths \| N/A	$400,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.46% Airbnb Rental Income: $null Traditional Rental Income: $3043 Airbnb ROI: N/A Traditional ROI: 6.46%
(Lot 4) LEE ROAD 158 SALEM, AL Sweet Homes Estates â Phase 1 offers a limited opportunity to build new construction hom...	4 beds \| 4 baths \| N/A	$420,000	Airbnb cash on cash: N/A Traditional cash on cash: 6% Airbnb Rental Income: $null Traditional Rental Income: $3011 Airbnb ROI: N/A Traditional ROI: 6%

Your search for investment property begins and ends here

New Hope Investment Property for Sale in Salem, AL

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%

(Lot 3) LEE ROAD 158

SALEM, AL

4 beds | 4 baths | N/A

$490,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.75%

Airbnb Rental Income: $null

Traditional Rental Income: $2917

Airbnb ROI: N/A

Traditional ROI: 4.75%

153 Lee Road 2207

SALEM, AL

4 beds | 3 baths | 2,400 sq.ft.

$439,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.76%

Airbnb Rental Income: $null

Traditional Rental Income: $1796

Airbnb ROI: N/A

Traditional ROI: 2.76%

248 Lee Road 0936

SALEM, AL

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

$595,900

Airbnb cash on cash: 0.34%

Traditional cash on cash: 2.52%

Airbnb Rental Income: $1545

Traditional Rental Income: $2310

Airbnb ROI: 0.34%

Traditional ROI: 2.52%

790 LEE ROAD 240

SALEM, AL

4 beds | 2 baths | 1,482 sq.ft.

$250,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.97%

Airbnb Rental Income: $null

Traditional Rental Income: $1796

Airbnb ROI: N/A

Traditional ROI: 5.97%

135 Lee Road 753

SALEM, AL

3 beds | 2 baths | 1,200 sq.ft.

$225,000

Airbnb cash on cash: 3.37%

Traditional cash on cash: 7.07%

Airbnb Rental Income: $1545

Traditional Rental Income: $1887

Airbnb ROI: 3.37%

Traditional ROI: 7.07%

5105 Lee Road 379

SALEM, AL

4 beds | 2 baths | 2,237 sq.ft.

$374,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.78%

Airbnb Rental Income: $null

Traditional Rental Income: $2243

Airbnb ROI: N/A

Traditional ROI: 4.78%

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