Real Estate Investment Properties for Sale in Salem, VA

Looking for investment property in Salem, VA with high ROI ?

Explore a variety of short-term homes & houses in Salem, VA. Invest wisely with VRBO & Salem, VA 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, VA

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1907 Carleton Dr Salem, VA This is a beautiful custom built brick home located in Roanoke County. The home features a...	4 beds \| 3 baths \| 2,860 sq.ft.	$554,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.74% Airbnb Rental Income: $null Traditional Rental Income: $2397 Airbnb ROI: N/A Traditional ROI: 2.74%
704 Joan Cir Salem, VA Beautiful Home with Saltwater Pool, Hot, Tub & Modern Upgrades! Welcome to this stunning h...	4 beds \| 3 baths \| 2,800 sq.ft.	$519,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.2% Airbnb Rental Income: $null Traditional Rental Income: $4348 Airbnb ROI: N/A Traditional ROI: 7.2%
1917 Connors Run Salem, VA Beautiful house in Glenvar school district just waiting on you to call it home! Welcoming,...	3 beds \| 3 baths \| 2,184 sq.ft.	$319,950	Airbnb cash on cash: 4.02% Traditional cash on cash: 4.92% Airbnb Rental Income: $2416 Traditional Rental Income: $2093 Airbnb ROI: 4.02% Traditional ROI: 4.92%
1750 Connors Run Salem, VA Beautiful Split-Foyer in quiet neighborhood in Glenvar School District. with 3 Bedrooms, 2...	3 beds \| 2 baths \| 1,558 sq.ft.	$299,950	Airbnb cash on cash: 4.47% Traditional cash on cash: 3.69% Airbnb Rental Income: $2416 Traditional Rental Income: $1604 Airbnb ROI: 4.47% Traditional ROI: 3.69%
5403 Tomahawk Cir Salem, VA BEAUTIFUL RANCH LOCATED ON SEMI PRIVATE LOT. CUSTOM UPGRADES THROUGH OUT. HARDWOOD FLOORS ...	3 beds \| 2 baths \| 3,228 sq.ft.	$393,000	Airbnb cash on cash: 3.16% Traditional cash on cash: 2.15% Airbnb Rental Income: $2416 Traditional Rental Income: $1452 Airbnb ROI: 3.16% Traditional ROI: 2.15%
5583 Bradshaw Rd Salem, VA Move in ready, 3 BR, 2 BA ranch home on a level .62 acre lot. This home has a large kitche...	3 beds \| 2 baths \| 1,952 sq.ft.	$209,900	Airbnb cash on cash: 7.07% Traditional cash on cash: 6.84% Airbnb Rental Income: $2416 Traditional Rental Income: $1778 Airbnb ROI: 7.07% Traditional ROI: 6.84%
312 Lakehurst Ave Salem, VA 312 Lakehurst Ave, Salem, VA 24153 \| Single Family Residential	2 beds \| 2 baths \| 1,376 sq.ft.	$255,000	Airbnb cash on cash: 1.96% Traditional cash on cash: 3.18% Airbnb Rental Income: $1350 Traditional Rental Income: $1229 Airbnb ROI: 1.96% Traditional ROI: 3.18%
4094 Bluebird Ln Salem, VA Welcome to 4094 Bluebird Lane, a custom-built California-style home situated on nearly 9 p...	3 beds \| 2 baths \| 4,346 sq.ft.	$670,000	Airbnb cash on cash: 0.77% Traditional cash on cash: 1.5% Airbnb Rental Income: $2416 Traditional Rental Income: $2284 Airbnb ROI: 0.77% Traditional ROI: 1.5%
5774 Bradshaw Rd Salem, VA Nestled in a serene .78-acre lot, this cottage exudes warmth and character. You will feel ...	3 beds \| 1 baths \| 1,792 sq.ft.	$239,950	Airbnb cash on cash: 6.13% Traditional cash on cash: 5.63% Airbnb Rental Income: $2416 Traditional Rental Income: $1712 Airbnb ROI: 6.13% Traditional ROI: 5.63%
1913 S Clearing Rd Salem, VA 1913 S Clearing Rd, Salem, VA 24153 \| Condo/Coop	2 beds \| 1 baths \| 1,040 sq.ft.	$219,000	Airbnb cash on cash: 1.34% Traditional cash on cash: 2.3% Airbnb Rental Income: $1350 Traditional Rental Income: $1135 Airbnb ROI: 1.34% Traditional ROI: 2.3%
507 E Burwell St Salem, VA Salem's newest subdivision with ONLY 7 homes (now only 5 available) under construction-wit...	4 beds \| 2 baths \| 2,252 sq.ft.	$379,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.79% Airbnb Rental Income: $null Traditional Rental Income: $2230 Airbnb ROI: N/A Traditional ROI: 3.79%
2429 Post Oak Rd Salem, VA THE SIMPLE LIFE! IT'S WHAT YOU'VE BEEN WAITING FOR. THIS 1 BEDROOM CONDO PROVIDES ONE LEVE...	1 beds \| 1 baths \| 1,000 sq.ft.	$225,000	Airbnb cash on cash: -0.41% Traditional cash on cash: 1.93% Airbnb Rental Income: $905 Traditional Rental Income: $1063 Airbnb ROI: -0.41% Traditional ROI: 1.93%
1612 Conehurst Blvd Salem, VA Former insurance office located across from Lakeside Kroger Center. Great Visibility. Idea...	2 beds \| 1 baths \| 1,776 sq.ft.	$165,000	Airbnb cash on cash: 3.71% Traditional cash on cash: 4.73% Airbnb Rental Income: $1350 Traditional Rental Income: $1097 Airbnb ROI: 3.71% Traditional ROI: 4.73%
946 Red Ln Salem, VA Totally updated house in a convenient Salem location close to downtown and easy access to ...	3 beds \| 1 baths \| 2,000 sq.ft.	$274,900	Airbnb cash on cash: 5.24% Traditional cash on cash: 3.31% Airbnb Rental Income: $2416 Traditional Rental Income: $1325 Airbnb ROI: 5.24% Traditional ROI: 3.31%
2766 Fletcher St Salem, VA Welcome to this split-foyer home nestled on a spacious 0.47-acre lot in Salemâs Beverly ...	4 beds \| 2 baths \| 2,466 sq.ft.	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.92% Airbnb Rental Income: $null Traditional Rental Income: $2576 Airbnb ROI: N/A Traditional ROI: 5.92%
303 Riverland Dr Salem, VA Charming 3 bedroom, 1 bath home conveniently located in Salem. Hardwoods throughout main a...	3 beds \| 1 baths \| 2,190 sq.ft.	$249,950	Airbnb cash on cash: 5.82% Traditional cash on cash: 4.01% Airbnb Rental Income: $2416 Traditional Rental Income: $1396 Airbnb ROI: 5.82% Traditional ROI: 4.01%
358 Keesling Ave Salem, VA This home is a 4 Level Spilt located in the City of Salem. It features 4 bedrooms, 2 full ...	4 beds \| 3 baths \| 2,138 sq.ft.	$374,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.84% Airbnb Rental Income: $null Traditional Rental Income: $2334 Airbnb ROI: N/A Traditional ROI: 4.84%
507 S College Ave Salem, VA Downtown Salem Charmer! This 1920 home offers large rooms and classic features but also bo...	3 beds \| 2 baths \| 2,481 sq.ft.	$410,000	Airbnb cash on cash: 3.05% Traditional cash on cash: 3.21% Airbnb Rental Income: $2416 Traditional Rental Income: $1886 Airbnb ROI: 3.05% Traditional ROI: 3.21%
920 Tremont Rd Salem, VA This updated brick ranch is move-in ready with beautiful hardwood floors, tons of natural ...	3 beds \| 1 baths \| 2,665 sq.ft.	$362,500	Airbnb cash on cash: 3.17% Traditional cash on cash: 4.38% Airbnb Rental Income: $2416 Traditional Rental Income: $2238 Airbnb ROI: 3.17% Traditional ROI: 4.38%
1104 Christy Cir Salem, VA Immaculate!! This home is completely ready for you to move in and enjoy some pool time thi...	3 beds \| 2 baths \| 1,801 sq.ft.	$375,000	Airbnb cash on cash: 3.27% Traditional cash on cash: 4.64% Airbnb Rental Income: $2416 Traditional Rental Income: $2304 Airbnb ROI: 3.27% Traditional ROI: 4.64%
621 Bonnie Ln Salem, VA Looking to be in a sought after Salem location? Don't miss this great ranch offering an o...	3 beds \| 2 baths \| 3,023 sq.ft.	$339,950	Airbnb cash on cash: 3.72% Traditional cash on cash: 4.13% Airbnb Rental Income: $2416 Traditional Rental Income: $1954 Airbnb ROI: 3.72% Traditional ROI: 4.13%
2437 S Clearing Rd Salem, VA Welcome to easy, low-maintenance living in Salem's sought-after Ridgewood Farm community. ...	3 beds \| 2 baths \| 2,190 sq.ft.	$295,000	Airbnb cash on cash: 3.63% Traditional cash on cash: 3.05% Airbnb Rental Income: $2416 Traditional Rental Income: $1663 Airbnb ROI: 3.63% Traditional ROI: 3.05%
38 Corbett St Salem, VA Pride of ownership shows as you walk in the front door, and was custom built by the owner-...	5 beds \| 4 baths \| 5,107 sq.ft.	$725,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.48% Airbnb Rental Income: $null Traditional Rental Income: $4356 Airbnb ROI: N/A Traditional ROI: 4.48%
3075 Creekside Dr Salem, VA GREAT HOME ON OVER 3 ACRES IN GLENVAR. CUSTOM BUILT RANCH WITH BONUS ROOM. FLAT LOT, VER...	4 beds \| 2 baths \| 2,167 sq.ft.	$460,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.98% Airbnb Rental Income: $null Traditional Rental Income: $1748 Airbnb ROI: N/A Traditional ROI: 1.98%
235 Ross St Salem, VA Don't miss the opportunity to own this great 2 BR, 1.5 BA City of Salem Townhome. 2 Design...	2 beds \| 1 baths \| 1,145 sq.ft.	$224,950	Airbnb cash on cash: 1.66% Traditional cash on cash: 3.62% Airbnb Rental Income: $1350 Traditional Rental Income: $1353 Airbnb ROI: 1.66% Traditional ROI: 3.62%
941 Martin Mcneil Rd Salem, VA COME CHECK OUT THIS GREAT HOME. LARGE LEVEL FENCED BACK YARD FOR THE KIDS AND PETS. MOUN...	4 beds \| 1 baths \| 1,500 sq.ft.	$299,950	Airbnb cash on cash: N/A Traditional cash on cash: 4.69% Airbnb Rental Income: $null Traditional Rental Income: $1897 Airbnb ROI: N/A Traditional ROI: 4.69%
906 Front Ave Salem, VA MUST SEE LOTS OF UPGRADES DONE.IN A GREAT NEIGHBORHOOD IN THE HEART OF SALEM CITY AND CONV...	3 beds \| 2 baths \| 1,972 sq.ft.	$249,950	Airbnb cash on cash: 5.99% Traditional cash on cash: 7.08% Airbnb Rental Income: $2416 Traditional Rental Income: $2082 Airbnb ROI: 5.99% Traditional ROI: 7.08%
6392 Peaceful Dr Salem, VA YOUR COUNTRY HOME IS WAITING FOR YOU. EVERYTHING YOU NEED IS ON THE MAIN LEVEL PLUS POTENT...	4 beds \| 2 baths \| 2,745 sq.ft.	$349,950	Airbnb cash on cash: N/A Traditional cash on cash: 5.54% Airbnb Rental Income: $null Traditional Rental Income: $2510 Airbnb ROI: N/A Traditional ROI: 5.54%
234 Chestnut St Salem, VA Spacious single family home with entry level living on Chestnut St, 2 blocks from downtown...	3 beds \| 2 baths \| 1,588 sq.ft.	$259,900	Airbnb cash on cash: 5.33% Traditional cash on cash: 5.02% Airbnb Rental Income: $2416 Traditional Rental Income: $1749 Airbnb ROI: 5.33% Traditional ROI: 5.02%
1902 Springfield Ave Salem, VA Charming and updated 3-bedroom, 1-bath home in the highly sought-after Salem School Distri...	3 beds \| 1 baths \| 2,009 sq.ft.	$219,950	Airbnb cash on cash: 6.52% Traditional cash on cash: 5.08% Airbnb Rental Income: $2416 Traditional Rental Income: $1525 Airbnb ROI: 6.52% Traditional ROI: 5.08%
4630 Deer Trail Dr Salem, VA Welcome to this charming log-style home on 5.46 private acres in Salem with mountain views...	3 beds \| 3 baths \| 3,053 sq.ft.	$594,950	Airbnb cash on cash: 1.08% Traditional cash on cash: 2.91% Airbnb Rental Income: $2416 Traditional Rental Income: $2844 Airbnb ROI: 1.08% Traditional ROI: 2.91%
2421 S Clearing Rd Salem, VA Welcome to this beautiful 3-bedroom, 3.5-bathroom townhome! Hardwood floors span the main ...	3 beds \| 3 baths \| 2,160 sq.ft.	$309,800	Airbnb cash on cash: 2.88% Traditional cash on cash: 4.49% Airbnb Rental Income: $2416 Traditional Rental Income: $2294 Airbnb ROI: 2.88% Traditional ROI: 4.49%
919 LOGAN St Salem, VA BEAUTIFUL HARDWOOD FLOORS REFINISHED 7/30/25. BEST OF SALEM AREA, LOCATION, AND SCHOOLS. A...	3 beds \| 2 baths \| 1,680 sq.ft.	$259,500	Airbnb cash on cash: 5.03% Traditional cash on cash: 5.28% Airbnb Rental Income: $2416 Traditional Rental Income: $1885 Airbnb ROI: 5.03% Traditional ROI: 5.28%
5594 Old Grove Ln Salem, VA This Subdivision is in Roanoke County/Glenvar School district. 1 level living with Open Fl...	3 beds \| 2 baths \| 1,675 sq.ft.	$396,500	Airbnb cash on cash: 2.53% Traditional cash on cash: 4.14% Airbnb Rental Income: $2416 Traditional Rental Income: $2422 Airbnb ROI: 2.53% Traditional ROI: 4.14%
1129 Stoutamire Dr Salem, VA All Brick Ranch in Great Salem Neighborhood. All H/W Floors, Some Replace Windows were ins...	3 beds \| 1 baths \| 1,275 sq.ft.	$279,000	Airbnb cash on cash: 4.62% Traditional cash on cash: 3.95% Airbnb Rental Income: $2416 Traditional Rental Income: $1649 Airbnb ROI: 4.62% Traditional ROI: 3.95%
400 Walnut Rd Salem, VA Amazing home in the heart of Salem surrounded by 7 pristine acres and walking distance to ...	4 beds \| 2 baths \| 3,875 sq.ft.	$1,195,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.33% Airbnb Rental Income: $null Traditional Rental Income: $2838 Airbnb ROI: N/A Traditional ROI: 1.33%
4714 Tobey Rd Salem, VA Located in the desirable Glenvar school district, this freshly renovated home offers nearl...	3 beds \| 3 baths \| 2,374 sq.ft.	$369,995	Airbnb cash on cash: 3.35% Traditional cash on cash: 5.63% Airbnb Rental Income: $2416 Traditional Rental Income: $2617 Airbnb ROI: 3.35% Traditional ROI: 5.63%
3086 Isabel Ln Salem, VA 3086 Isabel Ln, Salem, VA 24153 \| Single Family Residential	3 beds \| 2 baths \| 1,650 sq.ft.	$384,950	Airbnb cash on cash: 2.94% Traditional cash on cash: 2.11% Airbnb Rental Income: $2416 Traditional Rental Income: $1524 Airbnb ROI: 2.94% Traditional ROI: 2.11%
113-115 W 1st St #117 Salem, VA 113-115 W 1 St St #117, Salem, VA 24153 \| Multi Family	N/A beds \| N/A baths \| N/A	$524,950	Airbnb cash on cash: 1.71% Traditional cash on cash: -0.47% Airbnb Rental Income: $2416 Traditional Rental Income: $751 Airbnb ROI: 1.71% Traditional ROI: -0.47%
Azalea Plan Salem, VA Azalea Plan, Salem, VA 24153 \| Single Family Residential	4 beds \| 3 baths \| 2,597 sq.ft.	$519,950	Airbnb cash on cash: N/A Traditional cash on cash: 2.52% Airbnb Rental Income: $null Traditional Rental Income: $2213 Airbnb ROI: N/A Traditional ROI: 2.52%

Real Estate investment in Salem, VA

There are 213 properties for sale in the city of Salem . The median list price in Salem is $286,988 and the average price per square foot is $134. In September 2026, the average monthly cash on cash return in Salem is 3.00%. The average monthly rental income in Salem is $1,829.

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

There are 213 investment properties available for sale in Salem.

In 2026, 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 $2,416.

Your search for investment property begins and ends here

Investment Property for Sale in Salem, VA

1907 Carleton Dr

Salem, VA

4 beds | 3 baths | 2,860 sq.ft.

$554,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.74%

Airbnb Rental Income: $null

Traditional Rental Income: $2397

Airbnb ROI: N/A

Traditional ROI: 2.74%

704 Joan Cir

Salem, VA

4 beds | 3 baths | 2,800 sq.ft.

$519,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.2%

Airbnb Rental Income: $null

Traditional Rental Income: $4348

Airbnb ROI: N/A

Traditional ROI: 7.2%

1917 Connors Run

Salem, VA

3 beds | 3 baths | 2,184 sq.ft.

$319,950

Airbnb cash on cash: 4.02%

Traditional cash on cash: 4.92%

Airbnb Rental Income: $2416

Traditional Rental Income: $2093

Airbnb ROI: 4.02%

Traditional ROI: 4.92%

1750 Connors Run

Salem, VA

3 beds | 2 baths | 1,558 sq.ft.

$299,950

Airbnb cash on cash: 4.47%

Traditional cash on cash: 3.69%

Airbnb Rental Income: $2416

Traditional Rental Income: $1604

Airbnb ROI: 4.47%

Traditional ROI: 3.69%

5403 Tomahawk Cir

Salem, VA

3 beds | 2 baths | 3,228 sq.ft.

$393,000

Airbnb cash on cash: 3.16%

Traditional cash on cash: 2.15%

Airbnb Rental Income: $2416

Traditional Rental Income: $1452

Airbnb ROI: 3.16%

Traditional ROI: 2.15%

5583 Bradshaw Rd

Salem, VA

3 beds | 2 baths | 1,952 sq.ft.

$209,900

Airbnb cash on cash: 7.07%

Traditional cash on cash: 6.84%

Airbnb Rental Income: $2416

Traditional Rental Income: $1778

Airbnb ROI: 7.07%

Traditional ROI: 6.84%

312 Lakehurst Ave

Salem, VA

2 beds | 2 baths | 1,376 sq.ft.

$255,000

Airbnb cash on cash: 1.96%

Traditional cash on cash: 3.18%

Airbnb Rental Income: $1350

Traditional Rental Income: $1229

Airbnb ROI: 1.96%

Traditional ROI: 3.18%

4094 Bluebird Ln

Salem, VA

3 beds | 2 baths | 4,346 sq.ft.

$670,000

Airbnb cash on cash: 0.77%

Traditional cash on cash: 1.5%

Airbnb Rental Income: $2416

Traditional Rental Income: $2284

Airbnb ROI: 0.77%