Is Salem, IN a good place to invest in rental property?

Salem, IN has a median modeled monthly cash flow of $-740 and a median cap rate of 2.5%, on a median sold price of $182,500. Prices changed +1.9% year over year.

What is the average cap rate in Salem, IN?

The median cap rate across recently sold homes in Salem, IN is 2.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Salem, IN?

The median sold price in Salem, IN is $182,500 (about $136 per square foot).

Investing in Salem, IN Real Estate

A data-driven snapshot of the Salem, IN rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$182,500Median sold price

$136Median $/sqft

2.5%Median cap rate

$-740Modeled cash flow / mo

+1.9%Appreciation YoY

7.7Months of supply

86Active listings

134Sold (last 12 mo)

What the Salem numbers say

In Salem, IN, the median home sold for $182,500 (about $136 per square foot), and the typical deal models out to a 2.5% cap rate with a median $-740 of monthly cash flow. Sold prices moved +1.9% over the past year. Inventory sits at about 7.7 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Indiana markets to compare

See Salem cash-flowing listings

CashFlowRE ranks every for-sale home in Salem, IN by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Salem deals, or browse the national market data.