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
1808 Northwoods LN Salem, VA Welcome to stately 1808 Northwoods Lane, located in a pristine and quiet maintenance-free ...	4 beds \| 4 baths \| 4,368 sq.ft.	$639,500	Airbnb cash on cash: N/A Traditional cash on cash: 3.09% Airbnb Rental Income: $null Traditional Rental Income: $3307 Airbnb ROI: N/A Traditional ROI: 3.09%
4273 Daugherty RD Salem, VA This beautiful one owner 3 bedroom, 2 full bath patio home is a must to see! Largest lot ...	3 beds \| 2 baths \| 2,044 sq.ft.	$480,000	Airbnb cash on cash: 2.55% Traditional cash on cash: 2.95% Airbnb Rental Income: $2776 Traditional Rental Income: $2303 Airbnb ROI: 2.55% Traditional ROI: 2.95%
4339 Duck Pond RD Salem, VA Catawba Mountain Haven - a rare chance to own 53.6 surveyed acres of mature hardwood fores...	3 beds \| 3 baths \| 1,935 sq.ft.	$637,500	Airbnb cash on cash: 1.83% Traditional cash on cash: 2.2% Airbnb Rental Income: $2776 Traditional Rental Income: $2348 Airbnb ROI: 1.83% Traditional ROI: 2.2%
503 Cleveland AVE Salem, VA Welcome to your dream home in the vibrant heart of Salem! This beautifully updated residen...	4 beds \| 3 baths \| 2,159 sq.ft.	$379,950	Airbnb cash on cash: N/A Traditional cash on cash: 5.4% Airbnb Rental Income: $null Traditional Rental Income: $2557 Airbnb ROI: N/A Traditional ROI: 5.4%
5842 Prunty Drive Salem, VA Nestled at the foot of Fort Lewis Mountain, in the desirable Glenvar area, this charming t...	3 beds \| 3 baths \| 1,944 sq.ft.	$349,900	Airbnb cash on cash: 4.51% Traditional cash on cash: 4.91% Airbnb Rental Income: $2776 Traditional Rental Income: $2257 Airbnb ROI: 4.51% Traditional ROI: 4.91%
4317 Wabun LN Salem, VA Completely remodeled Roanoke County contemporary that is truly one-of-a-kind! If you want ...	4 beds \| 2 baths \| N/A	$575,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.28% Airbnb Rental Income: $null Traditional Rental Income: $2210 Airbnb ROI: N/A Traditional ROI: 2.28%
1817 Springfield AVE Salem, VA This charming Salem home has been updated and offers a spacious open kitchen with stainles...	3 beds \| 2 baths \| 1,635 sq.ft.	$249,000	Airbnb cash on cash: 6.86% Traditional cash on cash: 5.85% Airbnb Rental Income: $2776 Traditional Rental Income: $1888 Airbnb ROI: 6.86% Traditional ROI: 5.85%
3290 Catawba Valley DR Salem, VA Escape to serenity just outside of town with this charming ranch, perfectly set on a stunn...	3 beds \| 2 baths \| 1,188 sq.ft.	$249,950	Airbnb cash on cash: 6.88% Traditional cash on cash: 4.56% Airbnb Rental Income: $2776 Traditional Rental Income: $1577 Airbnb ROI: 6.88% Traditional ROI: 4.56%
2295 Catawba Valley DR Salem, VA Beautiful newly renovated single level, maintenance free space with LVP flooring, metal ro...	2 beds \| 1 baths \| 865 sq.ft.	$199,990	Airbnb cash on cash: 8.8% Traditional cash on cash: 4.69% Airbnb Rental Income: $2669 Traditional Rental Income: $1255 Airbnb ROI: 8.8% Traditional ROI: 4.69%
755 Honeysuckle Rd Salem, VA This beautiful Single Family home on 755 Honeysuckle Rd in Salem, VA was built in 2007 and...	4 beds \| 4 baths \| 8,206 sq.ft.	$540,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.42% Airbnb Rental Income: $null Traditional Rental Income: $3353 Airbnb ROI: N/A Traditional ROI: 4.42%
2021 Mulberry ST Salem, VA This great starter home in the wonderful Salem school district features numerous updates, ...	2 beds \| 1 baths \| 933 sq.ft.	$219,950	Airbnb cash on cash: 7.89% Traditional cash on cash: 4.36% Airbnb Rental Income: $2669 Traditional Rental Income: $1299 Airbnb ROI: 7.89% Traditional ROI: 4.36%
816 S Colorado ST Salem, VA Charming & updated home near Downtown Salem. Welcome to this well-maintained 3-bedroom, 2....	3 beds \| 3 baths \| 1,731 sq.ft.	$289,000	Airbnb cash on cash: 5.88% Traditional cash on cash: 6.26% Airbnb Rental Income: $2776 Traditional Rental Income: $2228 Airbnb ROI: 5.88% Traditional ROI: 6.26%
4901 Glenvar Hights Blvd. Boulevard Salem, VA Back On Market Due To No Fault Of Seller's. Welcome to the exceptional custom brick ranch...	5 beds \| 5 baths \| 4,952 sq.ft.	$494,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.88% Airbnb Rental Income: $null Traditional Rental Income: $4122 Airbnb ROI: N/A Traditional ROI: 6.88%
3784 Oakey Dolin RD Salem, VA Complete information on Hudhomestore.com website including property condition report and b...	4 beds \| 2 baths \| 2,044 sq.ft.	$180,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.14% Airbnb Rental Income: $null Traditional Rental Income: $2053 Airbnb ROI: N/A Traditional ROI: 9.14%
3075 Bent Ridge LN Salem, VA Custom French Country home on a private10-acre lot, centrally located near Hospitals, Down...	5 beds \| 5 baths \| 7,965 sq.ft.	$1,395,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.68% Airbnb Rental Income: $null Traditional Rental Income: $4527 Airbnb ROI: N/A Traditional ROI: 1.68%
2015 Richland Hills DR Salem, VA This exquisite all-brick home is a hidden gem in Salem, offering the perfect blend of luxu...	4 beds \| 5 baths \| 5,080 sq.ft.	$928,500	Airbnb cash on cash: N/A Traditional cash on cash: 3.18% Airbnb Rental Income: $null Traditional Rental Income: $4446 Airbnb ROI: N/A Traditional ROI: 3.18%
5505 SCENERY DR Salem, VA Three or Four Bedroom Home sitting a One Acre Lot. Many Recent Updates Including New Roof,...	3 beds \| 1 baths \| 1,422 sq.ft.	$255,000	Airbnb cash on cash: 6.88% Traditional cash on cash: 4.41% Airbnb Rental Income: $2776 Traditional Rental Income: $1530 Airbnb ROI: 6.88% Traditional ROI: 4.41%
1649 Mill Pond DR Salem, VA A change in family needs means this beautiful colonial with updated kitchen, open to large...	4 beds \| 4 baths \| 3,536 sq.ft.	$499,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.48% Airbnb Rental Income: $null Traditional Rental Income: $3454 Airbnb ROI: N/A Traditional ROI: 5.48%
2609 Woods Meadow LN Salem, VA Move-in Ready 4 bedroom, 3.5 bath home located on spacious corner lot with beautiful mount...	4 beds \| 4 baths \| N/A	$499,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.21% Airbnb Rental Income: $null Traditional Rental Income: $3374 Airbnb ROI: N/A Traditional ROI: 5.21%
5540 New Pleasant Drive Salem, VA This open concept floor plan is currently under construction in the new Point Pleasant sub...	3 beds \| 3 baths \| 1,675 sq.ft.	$389,500	Airbnb cash on cash: 3.4% Traditional cash on cash: 4.56% Airbnb Rental Income: $2776 Traditional Rental Income: $2547 Airbnb ROI: 3.4% Traditional ROI: 4.56%
5530 New Pleasant Way Salem, VA Newer Subdivision in Roanoke Co/Glenvar School district. Open Floor plan with laundry and...	3 beds \| 3 baths \| 2,020 sq.ft.	$429,500	Airbnb cash on cash: 2.9% Traditional cash on cash: 3.72% Airbnb Rental Income: $2776 Traditional Rental Income: $2454 Airbnb ROI: 2.9% Traditional ROI: 3.72%
1115 Skyview RD Salem, VA Come see this one of a kind home nestled in the heart of Salem, but yet tucked away in the...	3 beds \| 1 baths \| 1,600 sq.ft.	$225,000	Airbnb cash on cash: 7.72% Traditional cash on cash: 7.15% Airbnb Rental Income: $2776 Traditional Rental Income: $2003 Airbnb ROI: 7.72% Traditional ROI: 7.15%
1402 Brushy Mountain DR Salem, VA Come Home to Salem. Step inside this spacious 2,126 finished sqft home in a cul-de-sac wit...	4 beds \| 3 baths \| 2,126 sq.ft.	$335,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.78% Airbnb Rental Income: $null Traditional Rental Income: $2486 Airbnb ROI: N/A Traditional ROI: 5.78%
1000 Catawba DR Salem, VA Welcome to this well-maintained home where the owner has lived for 20 years. Outside, you'...	4 beds \| 3 baths \| 2,194 sq.ft.	$332,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.46% Airbnb Rental Income: $null Traditional Rental Income: $2378 Airbnb ROI: N/A Traditional ROI: 5.46%
402 N BRUFFEY ST Salem, VA GREAT LOCATION BUT TLC NEEDED.. HOME , APPLIANCES, ETC, ALL PASS AS IS NO REPAIRS OR CRED...	2 beds \| 1 baths \| 2,210 sq.ft.	$205,000	Airbnb cash on cash: 8.13% Traditional cash on cash: 6.21% Airbnb Rental Income: $2669 Traditional Rental Income: $1662 Airbnb ROI: 8.13% Traditional ROI: 6.21%
5550 New Pleasant Way Salem, VA This home is currently under construction, use caution when showing. This home has 4 bedr...	4 beds \| 3 baths \| 2,070 sq.ft.	$419,750	Airbnb cash on cash: N/A Traditional cash on cash: 4.11% Airbnb Rental Income: $null Traditional Rental Income: $2549 Airbnb ROI: N/A Traditional ROI: 4.11%
5525 New Pleasant Way Salem, VA The builder is pleased to offer this Hannah floor plan for sale at Point Pleasant subdivis...	4 beds \| 3 baths \| 2,070 sq.ft.	$419,750	Airbnb cash on cash: N/A Traditional cash on cash: 4.27% Airbnb Rental Income: $null Traditional Rental Income: $2620 Airbnb ROI: N/A Traditional ROI: 4.27%
2452 Lost Hollow RD Salem, VA *Investor Special* 13+ Acres with 3 Homes on Property, with room to build more! The Ho...	5 beds \| 2 baths \| 2,154 sq.ft.	$243,999	Airbnb cash on cash: N/A Traditional cash on cash: 8.18% Airbnb Rental Income: $null Traditional Rental Income: $2436 Airbnb ROI: N/A Traditional ROI: 8.18%
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 \| 1,174 sq.ft.	$219,950	Airbnb cash on cash: 7.96% Traditional cash on cash: 5.08% Airbnb Rental Income: $2776 Traditional Rental Income: $1525 Airbnb ROI: 7.96% Traditional ROI: 5.08%
3453 Choctaw Road Salem, VA This charming home in Salem combines natural beauty with functional spaces, including a sp...	2 beds \| 1 baths \| 851 sq.ft.	$174,900	Airbnb cash on cash: 9.92% Traditional cash on cash: 5.23% Airbnb Rental Income: $2669 Traditional Rental Income: $1254 Airbnb ROI: 9.92% Traditional ROI: 5.23%
5505 New Pleasant Way Salem, VA This open concept floor plan is currently under construction in the new Point Pleasant sub...	3 beds \| 3 baths \| 2,020 sq.ft.	$427,750	Airbnb cash on cash: 3.01% Traditional cash on cash: 3.85% Airbnb Rental Income: $2776 Traditional Rental Income: $2460 Airbnb ROI: 3.01% Traditional ROI: 3.85%
11 Longwood Dr. Salem, VA SELLER OFFERING 2K BUYER CONCESSION AT CLOSING TOWARDS REFRIGERATOR PURCHASE WITH APPROVED...	3 beds \| 2 baths \| 1,361 sq.ft.	$299,900	Airbnb cash on cash: 5.85% Traditional cash on cash: 6.88% Airbnb Rental Income: $2776 Traditional Rental Income: $2415 Airbnb ROI: 5.85% Traditional ROI: 6.88%
4630 Deer Trail DR Salem, VA Welcome to this stunning 3 bedroom, 3 and half bathroom log home nestled on 5.46 acres. Pe...	3 beds \| 4 baths \| 3,053 sq.ft.	$759,950	Airbnb cash on cash: 1.08% Traditional cash on cash: 2.09% Airbnb Rental Income: $2776 Traditional Rental Income: $2844 Airbnb ROI: 1.08% Traditional ROI: 2.09%
712 Maryland AVE Salem, VA Rare opportunity to own one of Salem's historic homes awaits you! This 5 BD, 2.5 BA statel...	5 beds \| 3 baths \| 3,316 sq.ft.	$495,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.9% Airbnb Rental Income: $null Traditional Rental Income: $3147 Airbnb ROI: N/A Traditional ROI: 4.9%

Real Estate investment in Salem, VA

There are 34 properties for sale in the city of Salem . The median list price in Salem is $364,925 and the average price per square foot is $148. In December 2024, the average monthly cash on cash return in Salem is 5.00%. The average monthly rental income in Salem is $2,397.

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

There are 34 investment properties available for sale in Salem.

In 2024, 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 $2,776.

Your search for investment property begins and ends here

Investment Property for Sale in Salem, VA

1808 Northwoods LN

Salem, VA

4 beds | 4 baths | 4,368 sq.ft.

$639,500

Airbnb cash on cash: N/A

Traditional cash on cash: 3.09%

Airbnb Rental Income: $null

Traditional Rental Income: $3307

Airbnb ROI: N/A

Traditional ROI: 3.09%

4273 Daugherty RD

Salem, VA

3 beds | 2 baths | 2,044 sq.ft.

$480,000

Airbnb cash on cash: 2.55%

Traditional cash on cash: 2.95%

Airbnb Rental Income: $2776

Traditional Rental Income: $2303

Airbnb ROI: 2.55%

Traditional ROI: 2.95%

4339 Duck Pond RD

Salem, VA

3 beds | 3 baths | 1,935 sq.ft.

$637,500

Airbnb cash on cash: 1.83%

Traditional cash on cash: 2.2%

Airbnb Rental Income: $2776

Traditional Rental Income: $2348

Airbnb ROI: 1.83%

Traditional ROI: 2.2%

503 Cleveland AVE

Salem, VA

4 beds | 3 baths | 2,159 sq.ft.

$379,950

Airbnb cash on cash: N/A

Traditional cash on cash: 5.4%

Airbnb Rental Income: $null

Traditional Rental Income: $2557

Airbnb ROI: N/A

Traditional ROI: 5.4%

5842 Prunty Drive

Salem, VA

3 beds | 3 baths | 1,944 sq.ft.

$349,900

Airbnb cash on cash: 4.51%

Traditional cash on cash: 4.91%

Airbnb Rental Income: $2776

Traditional Rental Income: $2257

Airbnb ROI: 4.51%

Traditional ROI: 4.91%

4317 Wabun LN

Salem, VA

4 beds | 2 baths | N/A

$575,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.28%

Airbnb Rental Income: $null

Traditional Rental Income: $2210

Airbnb ROI: N/A

Traditional ROI: 2.28%

1817 Springfield AVE

Salem, VA

3 beds | 2 baths | 1,635 sq.ft.

$249,000

Airbnb cash on cash: 6.86%

Traditional cash on cash: 5.85%

Airbnb Rental Income: $2776

Traditional Rental Income: $1888

Airbnb ROI: 6.86%

Traditional ROI: 5.85%

3290 Catawba Valley DR

Salem, VA

3 beds | 2 baths | 1,188 sq.ft.

$249,950

Airbnb cash on cash: 6.88%

Traditional cash on cash: 4.56%

Airbnb Rental Income: $2776

Traditional Rental Income: $1577

Airbnb ROI: 6.88%