Real Estate Investment Properties for Sale in Salem, SC

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
4 Slack Tide Court Salem, SC Beautiful seasonal water views! Located on 2 lots on a quiet cul-de-sac sitting above Lake...	4 beds \| 4 baths \| 3,693 sq.ft.	$619,000	Airbnb cash on cash: -1.29% Traditional cash on cash: 2.76% Airbnb Rental Income: $1334 Traditional Rental Income: $3267 Airbnb ROI: -1.29% Traditional ROI: 2.76%
918 Longshore Drive Salem, SC Marketed by Jeff Merritt and Joan Herlong of Herlong Sotheby's International Realty - 864-...	5 beds \| 4 baths \| N/A	$2,199,676	Airbnb cash on cash: -0.72% Traditional cash on cash: 0.45% Airbnb Rental Income: $1442 Traditional Rental Income: $3396 Airbnb ROI: -0.72% Traditional ROI: 0.45%
191-C Fisher Knob Road Salem, SC Marketed by Joan Herlong & Jeff Merritt of Herlong Sothebyâs International Realty 864.38...	4 beds \| 5 baths \| N/A	$3,499,676	Airbnb cash on cash: -1.31% Traditional cash on cash: -0.02% Airbnb Rental Income: $1334 Traditional Rental Income: $5106 Airbnb ROI: -1.31% Traditional ROI: -0.02%
487 Tall Ship Drive #225 Salem, SC Keowee Key Beauty! Secure your summer getaway at Lake Keowee with this fully renovated, en...	2 beds \| 2 baths \| N/A	$430,000	Airbnb cash on cash: 1.92% Traditional cash on cash: 2.1% Airbnb Rental Income: $2021 Traditional Rental Income: $1568 Airbnb ROI: 1.92% Traditional ROI: 2.1%
235 Bay View Drive Salem, SC Unlock the potential of this custom home-in-progress located in the highly sought-after Ba...	3 beds \| 3 baths \| N/A	$299,900	Airbnb cash on cash: 2.61% Traditional cash on cash: 6.78% Airbnb Rental Income: $1619 Traditional Rental Income: $2336 Airbnb ROI: 2.61% Traditional ROI: 6.78%
N-35A Meadow View Way Salem, SC Are you Searching for that perfect mountain view home surrounded by Mother Nature's gifts ...	4 beds \| 4 baths \| N/A	$1,095,077	Airbnb cash on cash: -0.81% Traditional cash on cash: 1.49% Airbnb Rental Income: $1334 Traditional Rental Income: $3261 Airbnb ROI: -0.81% Traditional ROI: 1.49%
23 Quail Drive Salem, SC A Private Riverfront Retreat in the Heart of Upstate South Carolina Tucked away on 7.7 woo...	3 beds \| 3 baths \| 3,500 sq.ft.	$825,000	Airbnb cash on cash: 0.33% Traditional cash on cash: 1.46% Airbnb Rental Income: $1619 Traditional Rental Income: $2029 Airbnb ROI: 0.33% Traditional ROI: 1.46%
800 Captains Cove Court unit: 2 #2 Salem, SC A Tuscan-style upper-level unit featuring a primary suite on the main floor. Also enjoy an...	2 beds \| 2 baths \| N/A	$298,500	Airbnb cash on cash: 0.87% Traditional cash on cash: 0.44% Airbnb Rental Income: $2021 Traditional Rental Income: $1374 Airbnb ROI: 0.87% Traditional ROI: 0.44%
272 Jocassee Ridge Way Salem, SC Price reduced and ready to sell! Enjoy the stunning views of the mountains from every room...	4 beds \| 5 baths \| 4,200 sq.ft.	$799,000	Airbnb cash on cash: -0.59% Traditional cash on cash: 3.21% Airbnb Rental Income: $1334 Traditional Rental Income: $3751 Airbnb ROI: -0.59% Traditional ROI: 3.21%
286 Nostradamus Court Salem, SC 286 Nostradamus Court is a property like no other. It is conveniently located near Highway...	3 beds \| 3 baths \| 3,312 sq.ft.	$885,000	Airbnb cash on cash: 0.29% Traditional cash on cash: 1.55% Airbnb Rental Income: $1619 Traditional Rental Income: $2200 Airbnb ROI: 0.29% Traditional ROI: 1.55%
800 Mirror Lake Court Salem, SC Nestled in The Cliffs at Keowee Falls South, 800 Mirror Lake presents a rare opportunity t...	4 beds \| 4 baths \| 4,367 sq.ft.	$2,989,950	Airbnb cash on cash: -1.08% Traditional cash on cash: 0% Airbnb Rental Income: $1334 Traditional Rental Income: $3921 Airbnb ROI: -1.08% Traditional ROI: 0%
711 Hemlock Court Salem, SC New construction home to be completed Summer 2025 offering boat slip access on Lake Keowee...	4 beds \| 4 baths \| 3,636 sq.ft.	$1,849,500	Airbnb cash on cash: -0.58% Traditional cash on cash: 0.83% Airbnb Rental Income: $1334 Traditional Rental Income: $3347 Airbnb ROI: -0.58% Traditional ROI: 0.83%
1 Pine Garden Circle Salem, SC Keowee Key Interior Home TO BE BUILT located near South Gate. The Bluebird Three Plan w/ B...	3 beds \| 3 baths \| 3,347 sq.ft.	$699,900	Airbnb cash on cash: -0.14% Traditional cash on cash: 1.56% Airbnb Rental Income: $1619 Traditional Rental Income: $2268 Airbnb ROI: -0.14% Traditional ROI: 1.56%
499 Tall Ship Drive unit: 233 #233 Salem, SC The Keowee Life awaits you! This waterfront, second-floor corner unit in the Ketch Buildin...	2 beds \| 2 baths \| 1,462 sq.ft.	$449,000	Airbnb cash on cash: -0.7% Traditional cash on cash: 0.63% Airbnb Rental Income: $2021 Traditional Rental Income: $2054 Airbnb ROI: -0.7% Traditional ROI: 0.63%
11 Captain Lane Salem, SC Exceptional Price Per Square Foot in Keowee Key - Room to Renovate and Make It Your Own! W...	3 beds \| 3 baths \| 3,038 sq.ft.	$495,000	Airbnb cash on cash: 0.06% Traditional cash on cash: 3.05% Airbnb Rental Income: $1619 Traditional Rental Income: $2545 Airbnb ROI: 0.06% Traditional ROI: 3.05%
277 Jocassee Ridge Salem, SC Welcome to 277 Jocassee Ridge, a luxurious sanctuary in Salem, SC, just five minutes from ...	5 beds \| 5 baths \| 4,970 sq.ft.	$825,000	Airbnb cash on cash: 0.01% Traditional cash on cash: 3.87% Airbnb Rental Income: $1442 Traditional Rental Income: $3981 Airbnb ROI: 0.01% Traditional ROI: 3.87%
600 Captains Cove Court unit: 7 #7 Salem, SC Discover the perfect blend of comfort, convenience, and resort-style living in this beauti...	2 beds \| 1 baths \| 672 sq.ft.	$250,000	Airbnb cash on cash: 4.6% Traditional cash on cash: 3.02% Airbnb Rental Income: $2021 Traditional Rental Income: $1123 Airbnb ROI: 4.6% Traditional ROI: 3.02%
137 Patterson Ridge Road Salem, SC Here we have MOTIVATED SELLERS, AND your rare opportunity to escape AND invest at Lake Joc...	2 beds \| 1 baths \| 1,280 sq.ft.	$432,500	Airbnb cash on cash: 2.26% Traditional cash on cash: 1.45% Airbnb Rental Income: $2021 Traditional Rental Income: $1170 Airbnb ROI: 2.26% Traditional ROI: 1.45%
19 Spy Glass Lane Salem, SC Lake Keowee Living Awaits You! This Keowee Key home offers breathtaking water views of Lak...	4 beds \| 3 baths \| 3,272 sq.ft.	$709,000	Airbnb cash on cash: -0.7% Traditional cash on cash: 1.78% Airbnb Rental Income: $1334 Traditional Rental Income: $2563 Airbnb ROI: -0.7% Traditional ROI: 1.78%
491 Tall Ship Drive unit: 326 #326 Salem, SC Welcome to Tall Ship Building 491 Unit 326, a beautifully updated corner condo with stunni...	2 beds \| 2 baths \| 1,460 sq.ft.	$424,900	Airbnb cash on cash: 0.97% Traditional cash on cash: 3% Airbnb Rental Income: $2021 Traditional Rental Income: $2305 Airbnb ROI: 0.97% Traditional ROI: 3%
703 Burnt Tanyard Road Salem, SC Unique and Charming English Cottage home on almost 13 acres in beautiful rural setting. Ho...	3 beds \| 3 baths \| 2,468 sq.ft.	$584,900	Airbnb cash on cash: 0.83% Traditional cash on cash: 2.88% Airbnb Rental Income: $1619 Traditional Rental Income: $2278 Airbnb ROI: 0.83% Traditional ROI: 2.88%
909 Woodlake Way Salem, SC New Custom Home in the gated community of The Cliffs at Keowee Falls built by Cliffs Prefe...	4 beds \| 5 baths \| N/A	$1,990,000	Airbnb cash on cash: -0.76% Traditional cash on cash: 1.14% Airbnb Rental Income: $1334 Traditional Rental Income: $4439 Airbnb ROI: -0.76% Traditional ROI: 1.14%
12 Commodore Drive Salem, SC This stunning craftsman-style 4-bedroom home blends modern elegance and custom finishes. T...	4 beds \| 3 baths \| 2,503 sq.ft.	$849,000	Airbnb cash on cash: -0.59% Traditional cash on cash: 1.61% Airbnb Rental Income: $1334 Traditional Rental Income: $2662 Airbnb ROI: -0.59% Traditional ROI: 1.61%
110 Safe Harbor Circle Salem, SC It's All About Value, Convenience, and FUN! Welcome to carefree lake living in the amenity...	3 beds \| 3 baths \| N/A	$344,500	Airbnb cash on cash: 0.58% Traditional cash on cash: 2.89% Airbnb Rental Income: $1619 Traditional Rental Income: $1907 Airbnb ROI: 0.58% Traditional ROI: 2.89%
310 Fernwood Drive Salem, SC Seller Incentive: The sellers are offering $15,000 toward the buyer's closing costs. They ...	5 beds \| 4 baths \| N/A	$605,000	Airbnb cash on cash: 0.27% Traditional cash on cash: 3.29% Airbnb Rental Income: $1442 Traditional Rental Income: $2721 Airbnb ROI: 0.27% Traditional ROI: 3.29%
32 Pine Garden Way Drive Salem, SC Keowee Key New Construction Interior Home conveniently located near the South Gate Entranc...	3 beds \| 4 baths \| 2,731 sq.ft.	$674,900	Airbnb cash on cash: -0.64% Traditional cash on cash: 1.13% Airbnb Rental Income: $1619 Traditional Rental Income: $2275 Airbnb ROI: -0.64% Traditional ROI: 1.13%
673 Lake Breeze Lane Salem, SC Discover unmatched luxury and natural beauty in this one-of-a-kind Lake Keowee estate, loc...	4 beds \| 4 baths \| 4,662 sq.ft.	$2,750,000	Airbnb cash on cash: -1.06% Traditional cash on cash: 0.12% Airbnb Rental Income: $1334 Traditional Rental Income: $3937 Airbnb ROI: -1.06% Traditional ROI: 0.12%
131 Harbor Lights Drive Salem, SC Looking for a low-maintenance home in a fun, active community that allows Short Term Renta...	3 beds \| 2 baths \| 1,501 sq.ft.	$359,000	Airbnb cash on cash: -0.42% Traditional cash on cash: 0.8% Airbnb Rental Income: $1619 Traditional Rental Income: $1574 Airbnb ROI: -0.42% Traditional ROI: 0.8%
221 Elaine Drive Salem, SC 1 level living in this completely renovated home with a fenced in backyard. Amazing locati...	3 beds \| 2 baths \| 1,225 sq.ft.	$214,939	Airbnb cash on cash: 3.75% Traditional cash on cash: 5.84% Airbnb Rental Income: $1619 Traditional Rental Income: $1586 Airbnb ROI: 3.75% Traditional ROI: 5.84%
495 Tall Ship Drive unit: 340 #340 Salem, SC Motivated Seller! Top Floor End Unit with Lake Views. Totally remodeled and move in ready....	2 beds \| 2 baths \| 1,462 sq.ft.	$465,000	Airbnb cash on cash: -0.33% Traditional cash on cash: 0.69% Airbnb Rental Income: $2021 Traditional Rental Income: $1941 Airbnb ROI: -0.33% Traditional ROI: 0.69%
703 Timberbrook Trail Salem, SC Welcome to an extraordinary retreat in the prestigious Cliffs at Keowee Falls, where timel...	5 beds \| 4 baths \| 3,480 sq.ft.	$1,595,000	Airbnb cash on cash: -1.15% Traditional cash on cash: 0.46% Airbnb Rental Income: $1442 Traditional Rental Income: $3408 Airbnb ROI: -1.15% Traditional ROI: 0.46%
234 Bay View Drive Salem, SC Located in the gated Bay Ridge Subdivision with million Dollar Views and lake Keowee acces...	4 beds \| 3 baths \| N/A	$1,265,000	Airbnb cash on cash: -0.58% Traditional cash on cash: 0.9% Airbnb Rental Income: $1334 Traditional Rental Income: $2662 Airbnb ROI: -0.58% Traditional ROI: 0.9%
600 Captain Cove Court Salem, SC Charming two bedroom, one bath condo in sought-after Keowee Key Subdivision. Welcome to yo...	2 beds \| 1 baths \| N/A	$224,500	Airbnb cash on cash: 5.24% Traditional cash on cash: 3.25% Airbnb Rental Income: $2021 Traditional Rental Income: $1072 Airbnb ROI: 5.24% Traditional ROI: 3.25%
372 Cliffs S Parkway Salem, SC Experience breathtaking mountain vistas and refined mountain living in this beautifully cr...	5 beds \| 6 baths \| 5,566 sq.ft.	$2,850,000	Airbnb cash on cash: -1.28% Traditional cash on cash: 0.76% Airbnb Rental Income: $1442 Traditional Rental Income: $6390 Airbnb ROI: -1.28% Traditional ROI: 0.76%
519 Tall Ships Drive unit: 119 #119 Salem, SC Charming Lakeview Condo in Amenity-Rich Keowee Key! Welcome to your perfect lakeside retre...	2 beds \| 2 baths \| N/A	$379,900	Airbnb cash on cash: 1.75% Traditional cash on cash: 3.66% Airbnb Rental Income: $2021 Traditional Rental Income: $2174 Airbnb ROI: 1.75% Traditional ROI: 3.66%
323 Indian Trail Salem, SC Bambi, Thumper and the gang are right outside your window, so get ready to enjoy "Country ...	5 beds \| 4 baths \| 2,861 sq.ft.	$555,000	Airbnb cash on cash: 0.14% Traditional cash on cash: 3.73% Airbnb Rental Income: $1442 Traditional Rental Income: $2872 Airbnb ROI: 0.14% Traditional ROI: 3.73%
508 Merganser Way Salem, SC Magnificent Lake Keowee waterfront home located in the prestigious Cliffs at Keowee Falls ...	4 beds \| 4 baths \| 3,775 sq.ft.	$1,800,000	Airbnb cash on cash: -0.69% Traditional cash on cash: 0.96% Airbnb Rental Income: $1334 Traditional Rental Income: $3692 Airbnb ROI: -0.69% Traditional ROI: 0.96%
26 Beacon Ridge Circle Salem, SC Where Magnificent Views of the Blue Ridge Mountains Meet Lake Keowee. Welcome to a breatht...	5 beds \| 7 baths \| 7,371 sq.ft.	$3,950,000	Airbnb cash on cash: -0.86% Traditional cash on cash: 0.7% Airbnb Rental Income: $1442 Traditional Rental Income: $6729 Airbnb ROI: -0.86% Traditional ROI: 0.7%
730 Placid Cove Way Salem, SC French Countryside Elegance on Lake Keowee- Infused with French countryside charm, and Fre...	4 beds \| 5 baths \| 4,158 sq.ft.	$3,175,000	Airbnb cash on cash: -1.28% Traditional cash on cash: 0.05% Airbnb Rental Income: $1334 Traditional Rental Income: $4851 Airbnb ROI: -1.28% Traditional ROI: 0.05%
217 E Wynward Pointe Drive Salem, SC 217 E. Wynward Pt.: This beautifully renovated home includes 2 lots and showcases the view...	5 beds \| 5 baths \| 5,490 sq.ft.	$3,999,000	Airbnb cash on cash: -1.34% Traditional cash on cash: -0.4% Airbnb Rental Income: $1442 Traditional Rental Income: $4522 Airbnb ROI: -1.34% Traditional ROI: -0.4%

Real Estate investment in Salem, SC

There are 61 properties for sale in the city of Salem . The median list price in Salem is $699,900 and the average price per square foot is $228. In September 2025, the average monthly cash on cash return in Salem is 1.00%. The average monthly rental income in Salem is $2,545.

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

There are 61 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 $1,619.

Your search for investment property begins and ends here

Investment Property for Sale in Salem, SC

4 Slack Tide Court

Salem, SC

4 beds | 4 baths | 3,693 sq.ft.

$619,000

Airbnb cash on cash: -1.29%

Traditional cash on cash: 2.76%

Airbnb Rental Income: $1334

Traditional Rental Income: $3267

Airbnb ROI: -1.29%

Traditional ROI: 2.76%

918 Longshore Drive

Salem, SC

5 beds | 4 baths | N/A

$2,199,676

Airbnb cash on cash: -0.72%

Traditional cash on cash: 0.45%

Airbnb Rental Income: $1442

Traditional Rental Income: $3396

Airbnb ROI: -0.72%

Traditional ROI: 0.45%

191-C Fisher Knob Road

Salem, SC

4 beds | 5 baths | N/A

$3,499,676

Airbnb cash on cash: -1.31%

Traditional cash on cash: -0.02%

Airbnb Rental Income: $1334

Traditional Rental Income: $5106

Airbnb ROI: -1.31%

Traditional ROI: -0.02%

487 Tall Ship Drive #225

Salem, SC

2 beds | 2 baths | N/A

$430,000

Airbnb cash on cash: 1.92%

Traditional cash on cash: 2.1%

Airbnb Rental Income: $2021

Traditional Rental Income: $1568

Airbnb ROI: 1.92%

Traditional ROI: 2.1%

235 Bay View Drive

Salem, SC

3 beds | 3 baths | N/A

$299,900

Airbnb cash on cash: 2.61%

Traditional cash on cash: 6.78%

Airbnb Rental Income: $1619

Traditional Rental Income: $2336

Airbnb ROI: 2.61%

Traditional ROI: 6.78%

N-35A Meadow View Way

Salem, SC

4 beds | 4 baths | N/A

$1,095,077

Airbnb cash on cash: -0.81%

Traditional cash on cash: 1.49%

Airbnb Rental Income: $1334

Traditional Rental Income: $3261

Airbnb ROI: -0.81%

Traditional ROI: 1.49%

23 Quail Drive

Salem, SC

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

$825,000

Airbnb cash on cash: 0.33%

Traditional cash on cash: 1.46%

Airbnb Rental Income: $1619

Traditional Rental Income: $2029

Airbnb ROI: 0.33%

Traditional ROI: 1.46%

800 Captains Cove Court unit: 2 #2

Salem, SC

2 beds | 2 baths | N/A

$298,500

Airbnb cash on cash: 0.87%

Traditional cash on cash: 0.44%

Airbnb Rental Income: $2021

Traditional Rental Income: $1374

Airbnb ROI: 0.87%