Real Estate Investment Properties for Sale in Elyria, OH

Looking for investment property in Elyria, OH with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
218 Cornell Avenue Elyria, OH Modern meets vintage charm! The owner of this home spared no expense investing in modern a...	3 beds \| 1 baths \| 1,620 sq.ft.	$198,000	Airbnb cash on cash: 0.15% Traditional cash on cash: 5.74% Airbnb Rental Income: $924 Traditional Rental Income: $1632 Airbnb ROI: 0.15% Traditional ROI: 5.74%
542 Georgetown Avenue Elyria, OH Great home for an owner occupant or a real estate investor. Locals & out of state investor...	3 beds \| 2 baths \| N/A	$229,999	Airbnb cash on cash: -0.32% Traditional cash on cash: 5.23% Airbnb Rental Income: $924 Traditional Rental Income: $1789 Airbnb ROI: -0.32% Traditional ROI: 5.23%
1122 West Avenue Elyria, OH Welcome to 1122 West Ave, Elyria - a move-in ready home with updates you'll love! In 2025,...	4 beds \| 2 baths \| 1,392 sq.ft.	$135,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.22% Airbnb Rental Income: $null Traditional Rental Income: $1300 Airbnb ROI: N/A Traditional ROI: 7.22%
1853 West Avenue Elyria, OH Wow! A rare opportunity to own a storybook colonial on 1.12 scenic acres backing to the Bl...	5 beds \| 3 baths \| 1,617 sq.ft.	$139,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.24% Airbnb Rental Income: $null Traditional Rental Income: $1612 Airbnb ROI: N/A Traditional ROI: 9.24%
227 6th Street Elyria, OH Add this duplex to your portfolio now! Tenants pay all the utilities for this property and...	4 beds \| 2 baths \| 1,922 sq.ft.	$157,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.01% Airbnb Rental Income: $null Traditional Rental Income: $1336 Airbnb ROI: N/A Traditional ROI: 6.01%
229 Harvest Way Elyria, OH Move right into this beautiful 2023 K. Hovnanian "Farmhouse" Ranch, perfectly situated on ...	3 beds \| 2 baths \| 1,646 sq.ft.	$355,500	Airbnb cash on cash: -1.07% Traditional cash on cash: 2.27% Airbnb Rental Income: $924 Traditional Rental Income: $1696 Airbnb ROI: -1.07% Traditional ROI: 2.27%
122 Bellfield Avenue Elyria, OH Welcome to this charming single-family home nestled in a highly desirable Elyria neighborh...	2 beds \| 1 baths \| 852 sq.ft.	$69,900	Airbnb cash on cash: -3.92% Traditional cash on cash: 8.96% Airbnb Rental Income: $446 Traditional Rental Income: $1076 Airbnb ROI: -3.92% Traditional ROI: 8.96%
10249 West Ridge Road Elyria, OH Located on a 1/2-acre lot in Carlisle Township within the Keystone Local School District, ...	4 beds \| 2 baths \| 3,932 sq.ft.	$299,999	Airbnb cash on cash: N/A Traditional cash on cash: 4.09% Airbnb Rental Income: $null Traditional Rental Income: $1818 Airbnb ROI: N/A Traditional ROI: 4.09%
214 Leather Leaf Drive Elyria, OH Welcome to refined modern living at 214 Leather Leaf Dr, Elyria, OH 44035, located in the ...	5 beds \| 3 baths \| 2,540 sq.ft.	$364,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.52% Airbnb Rental Income: $null Traditional Rental Income: $2806 Airbnb ROI: N/A Traditional ROI: 5.52%
113 W Spring Drive Elyria, OH Welcome to 113 W Spring St in Elyria, a beautifully upgraded and former Ryan Homes model t...	3 beds \| 2 baths \| 1,408 sq.ft.	$289,900	Airbnb cash on cash: -1.31% Traditional cash on cash: 3.42% Airbnb Rental Income: $924 Traditional Rental Income: $1872 Airbnb ROI: -1.31% Traditional ROI: 3.42%
1101 West Avenue Elyria, OH Newly renovated 3 bedroom 2 full bath 2 story home with an huge enclosed front porch. Wait...	3 beds \| 2 baths \| 1,306 sq.ft.	$169,900	Airbnb cash on cash: 1.11% Traditional cash on cash: 8.02% Airbnb Rental Income: $924 Traditional Rental Income: $1700 Airbnb ROI: 1.11% Traditional ROI: 8.02%
807 Woodland Avenue Elyria, OH Extensively renovated, spacious 3 bedroom, 1 bathroom house with an excellent layout. The ...	3 beds \| 1 baths \| 1,040 sq.ft.	$140,000	Airbnb cash on cash: 1.72% Traditional cash on cash: 7.66% Airbnb Rental Income: $924 Traditional Rental Income: $1379 Airbnb ROI: 1.72% Traditional ROI: 7.66%
130 W Spring Drive Elyria, OH Welcome to effortless, low-maintenance living at its best. Built less than a year ago, thi...	2 beds \| 2 baths \| 1,350 sq.ft.	$239,900	Airbnb cash on cash: -2.88% Traditional cash on cash: 7.37% Airbnb Rental Income: $446 Traditional Rental Income: $2507 Airbnb ROI: -2.88% Traditional ROI: 7.37%
523 Purdue Avenue Elyria, OH Welcome to 523 Purdue ave. in Elyria's Eastern Heights, a tastefully renovated colonial ho...	5 beds \| 2 baths \| 1,862 sq.ft.	$269,400	Airbnb cash on cash: N/A Traditional cash on cash: 6.47% Airbnb Rental Income: $null Traditional Rental Income: $2240 Airbnb ROI: N/A Traditional ROI: 6.47%
10488 Dewhurst Road Elyria, OH Green acres is the place to be! This wonderful countryside home is perfect for that specia...	2 beds \| 1 baths \| 1,345 sq.ft.	$259,900	Airbnb cash on cash: -1.94% Traditional cash on cash: 3.19% Airbnb Rental Income: $446 Traditional Rental Income: $1441 Airbnb ROI: -1.94% Traditional ROI: 3.19%
539 Princeton Avenue Elyria, OH Beautifully Renovated Cape Cod in Eastern Heights! Welcome to this updated Cape Cod home i...	3 beds \| 1 baths \| 1,089 sq.ft.	$189,900	Airbnb cash on cash: 0.89% Traditional cash on cash: 5.12% Airbnb Rental Income: $924 Traditional Rental Income: $1344 Airbnb ROI: 0.89% Traditional ROI: 5.12%
164 Woodbury Street Elyria, OH Great investment or owner occupied property. This property is fully leased. They've been t...	3 beds \| 1 baths \| 816 sq.ft.	$155,000	Airbnb cash on cash: 1.17% Traditional cash on cash: 5.22% Airbnb Rental Income: $924 Traditional Rental Income: $1181 Airbnb ROI: 1.17% Traditional ROI: 5.22%
121 Parkview Court Elyria, OH Truly a magnificent, detailed, & elegant complete remodel of this spacious 3-story colonia...	4 beds \| 1 baths \| 2,427 sq.ft.	$169,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.78% Airbnb Rental Income: $null Traditional Rental Income: $1485 Airbnb ROI: N/A Traditional ROI: 6.78%
453 Kenyon Avenue Elyria, OH Great location close to hospital. One of Elyria's most sought-after locations. Features in...	3 beds \| 2 baths \| 1,028 sq.ft.	$149,000	Airbnb cash on cash: 1.23% Traditional cash on cash: 7.51% Airbnb Rental Income: $924 Traditional Rental Income: $1476 Airbnb ROI: 1.23% Traditional ROI: 7.51%
6108 Gateway Boulevard S Elyria, OH Welcome to 6108 S Gateway Blvd, Elyria, OH, a charming and move in ready single family hom...	2 beds \| 1 baths \| 732 sq.ft.	$95,000	Airbnb cash on cash: -1.37% Traditional cash on cash: 8.51% Airbnb Rental Income: $446 Traditional Rental Income: $1098 Airbnb ROI: -1.37% Traditional ROI: 8.51%
220 Alexander Drive Elyria, OH QUICK MOVE IN LISTING! 100% COMPLETE WITH CITY OCCUPANCY PERMIT OBTAINED AND READY TO MOVE...	2 beds \| 2 baths \| 1,380 sq.ft.	$239,900	Airbnb cash on cash: -2.88% Traditional cash on cash: 5.72% Airbnb Rental Income: $446 Traditional Rental Income: $2132 Airbnb ROI: -2.88% Traditional ROI: 5.72%
553 Purdue Avenue Elyria, OH Welcome home to 553 Purdue Ave in Elyria-a beautifully updated property that's been fully ...	3 beds \| 1 baths \| 1,207 sq.ft.	$195,000	Airbnb cash on cash: 0.66% Traditional cash on cash: 4.72% Airbnb Rental Income: $924 Traditional Rental Income: $1332 Airbnb ROI: 0.66% Traditional ROI: 4.72%
255 W River Road N Elyria, OH Well maintained home w/2.5 detached garage, new roof on house 05, newer siding, new vinyl ...	3 beds \| 2 baths \| 1,402 sq.ft.	$174,000	Airbnb cash on cash: 0.69% Traditional cash on cash: 8.37% Airbnb Rental Income: $924 Traditional Rental Income: $1854 Airbnb ROI: 0.69% Traditional ROI: 8.37%
6635 Lake Elyria, OH Welcome to this beautifully updated Cape Cod-style home, nestled on a spacious 1-acre lot ...	3 beds \| 2 baths \| 2,131 sq.ft.	$259,900	Airbnb cash on cash: -0.31% Traditional cash on cash: 6.14% Airbnb Rental Income: $924 Traditional Rental Income: $2162 Airbnb ROI: -0.31% Traditional ROI: 6.14%
121 Oakley Green Drive Elyria, OH Welcome home to this move-in ready Midview condo! This outstanding home features an open f...	2 beds \| 3 baths \| 1,568 sq.ft.	$255,900	Airbnb cash on cash: -1.24% Traditional cash on cash: 8.78% Airbnb Rental Income: $446 Traditional Rental Income: $2603 Airbnb ROI: -1.24% Traditional ROI: 8.78%
331 Abbe Road N Elyria, OH Welcome to 331 Abbe Rd N - a newly built 3-bedroom, 1.5-bath home that blends modern updat...	3 beds \| 2 baths \| 1,344 sq.ft.	$239,900	Airbnb cash on cash: -0.14% Traditional cash on cash: 6.2% Airbnb Rental Income: $924 Traditional Rental Income: $2019 Airbnb ROI: -0.14% Traditional ROI: 6.2%
335 Abbe Road N Elyria, OH Welcome to 335 Abbe Rd N - a beautifully updated 3-bedroom, 1.5-bath home where modern com...	3 beds \| 2 baths \| 1,344 sq.ft.	$239,900	Airbnb cash on cash: -0.14% Traditional cash on cash: 6.2% Airbnb Rental Income: $924 Traditional Rental Income: $2019 Airbnb ROI: -0.14% Traditional ROI: 6.2%
747 W River Road N Elyria, OH Nice 3-bedroom, one bath and a finished attic house that has a large side yard near Cascad...	3 beds \| 1 baths \| 1,556 sq.ft.	$85,000	Airbnb cash on cash: 1.23% Traditional cash on cash: 11.36% Airbnb Rental Income: $924 Traditional Rental Income: $1425 Airbnb ROI: 1.23% Traditional ROI: 11.36%
976 Gulf Road Elyria, OH Discover vintage charm paired with modern convenience in this delightful 3-bedroom, 1.5-ba...	3 beds \| 2 baths \| 1,688 sq.ft.	$259,900	Airbnb cash on cash: -0.3% Traditional cash on cash: 5.43% Airbnb Rental Income: $924 Traditional Rental Income: $1986 Airbnb ROI: -0.3% Traditional ROI: 5.43%
154 Bentley Drive Elyria, OH Great Location in Elyria; Don'T Miss Out! Beautiful, Spacious,RANCH Condominium featuring ...	2 beds \| 2 baths \| 1,245 sq.ft.	$175,000	Airbnb cash on cash: -1.71% Traditional cash on cash: 7.21% Airbnb Rental Income: $446 Traditional Rental Income: $1670 Airbnb ROI: -1.71% Traditional ROI: 7.21%
215 Silver Spring Circle Elyria, OH Welcome to this beautiful 2 year old home in the desirable Landings at Ridgewater Communit...	2 beds \| 2 baths \| 1,350 sq.ft.	$259,900	Airbnb cash on cash: -2% Traditional cash on cash: 5.14% Airbnb Rental Income: $446 Traditional Rental Income: $1934 Airbnb ROI: -2% Traditional ROI: 5.14%
269 Hamilton Avenue Elyria, OH Charming ranch with great curb appeal boasting 1600+ sq. ft! Sandstone accented front exte...	3 beds \| 1 baths \| 1,607 sq.ft.	$199,900	Airbnb cash on cash: 0.5% Traditional cash on cash: 5.55% Airbnb Rental Income: $924 Traditional Rental Income: $1539 Airbnb ROI: 0.5% Traditional ROI: 5.55%
144 Prestwyck Lane Elyria, OH Enjoy a maintenance free lifestyle and peaceful pond views in The Enclave at Fieldstone La...	3 beds \| 2 baths \| 1,820 sq.ft.	$350,000	Airbnb cash on cash: -0.62% Traditional cash on cash: 5.09% Airbnb Rental Income: $924 Traditional Rental Income: $2458 Airbnb ROI: -0.62% Traditional ROI: 5.09%
213 Gates Avenue Elyria, OH Beautiful and comfortable, this renovated home will have you wanting to entertain and stay...	3 beds \| 1 baths \| 1,368 sq.ft.	$119,900	Airbnb cash on cash: 2.17% Traditional cash on cash: 10.23% Airbnb Rental Income: $924 Traditional Rental Income: $1514 Airbnb ROI: 2.17% Traditional ROI: 10.23%
35926 Baldauf Xing Elyria, OH New Construction - Available Now! You know the Drees Home's Belleville is a modern, well-d...	4 beds \| 2 baths \| 2,972 sq.ft.	$574,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.85% Airbnb Rental Income: $null Traditional Rental Income: $3060 Airbnb ROI: N/A Traditional ROI: 2.85%
132 Warden Avenue Elyria, OH This 2003 built colonial is ready for you to move right in! Recently refreshed with all ne...	3 beds \| 2 baths \| 1,258 sq.ft.	$179,900	Airbnb cash on cash: 0.91% Traditional cash on cash: 8.15% Airbnb Rental Income: $924 Traditional Rental Income: $1821 Airbnb ROI: 0.91% Traditional ROI: 8.15%
638 E Broad Street Elyria, OH Welcome to this delightful Elyria home, where classic charm meets modern updates! Step int...	4 beds \| 2 baths \| 1,554 sq.ft.	$150,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.18% Airbnb Rental Income: $null Traditional Rental Income: $2009 Airbnb ROI: N/A Traditional ROI: 11.18%
297 Abbe Road N Elyria, OH Welcome to this charming 2-bedroom, 1-bath ranch home located in Elyria. This well-maintai...	2 beds \| 1 baths \| 1,330 sq.ft.	$145,000	Airbnb cash on cash: -1.28% Traditional cash on cash: 7.18% Airbnb Rental Income: $446 Traditional Rental Income: $1357 Airbnb ROI: -1.28% Traditional ROI: 7.18%
347 Kenyon Avenue Elyria, OH Charming 3-Bedroom Colonial in Desirable Eastern Heights Welcome home to this classic 3-be...	3 beds \| 1 baths \| 1,398 sq.ft.	$170,000	Airbnb cash on cash: 0.64% Traditional cash on cash: 6.25% Airbnb Rental Income: $924 Traditional Rental Income: $1489 Airbnb ROI: 0.64% Traditional ROI: 6.25%
309 Highland Park Drive Elyria, OH Discover this charming four-bedroom, two-and-a-half-bathroom home nestled in a desirable n...	4 beds \| 3 baths \| 2,674 sq.ft.	$329,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.73% Airbnb Rental Income: $null Traditional Rental Income: $3179 Airbnb ROI: N/A Traditional ROI: 7.73%

Real Estate investment in Elyria, OH

There are 72 properties for sale in the city of Elyria . The median list price in Elyria is $179,900 and the average price per square foot is $112. In February 2026, the average monthly cash on cash return in Elyria is 6.00%. The average monthly rental income in Elyria is $1,785.

Elyria, OH Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 72 investment properties available for sale in Elyria.

In 2026, the best neighborhood to buy investment property is Elyria.

The ROI for Short-Term is higher than the Long-Term in Elyria with average rental income of $924.

Your search for investment property begins and ends here

Investment Property for Sale in Elyria, OH

218 Cornell Avenue

Elyria, OH

3 beds | 1 baths | 1,620 sq.ft.

$198,000

Airbnb cash on cash: 0.15%

Traditional cash on cash: 5.74%

Airbnb Rental Income: $924

Traditional Rental Income: $1632

Airbnb ROI: 0.15%

Traditional ROI: 5.74%

542 Georgetown Avenue

Elyria, OH

3 beds | 2 baths | N/A

$229,999

Airbnb cash on cash: -0.32%

Traditional cash on cash: 5.23%

Airbnb Rental Income: $924

Traditional Rental Income: $1789

Airbnb ROI: -0.32%

Traditional ROI: 5.23%

1122 West Avenue

Elyria, OH

4 beds | 2 baths | 1,392 sq.ft.

$135,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.22%

Airbnb Rental Income: $null

Traditional Rental Income: $1300

Airbnb ROI: N/A

Traditional ROI: 7.22%

1853 West Avenue

Elyria, OH

5 beds | 3 baths | 1,617 sq.ft.

$139,900

Airbnb cash on cash: N/A

Traditional cash on cash: 9.24%

Airbnb Rental Income: $null

Traditional Rental Income: $1612

Airbnb ROI: N/A

Traditional ROI: 9.24%

227 6th Street

Elyria, OH

4 beds | 2 baths | 1,922 sq.ft.

$157,500

Airbnb cash on cash: N/A

Traditional cash on cash: 6.01%

Airbnb Rental Income: $null

Traditional Rental Income: $1336

Airbnb ROI: N/A

Traditional ROI: 6.01%

229 Harvest Way

Elyria, OH

3 beds | 2 baths | 1,646 sq.ft.

$355,500

Airbnb cash on cash: -1.07%

Traditional cash on cash: 2.27%

Airbnb Rental Income: $924

Traditional Rental Income: $1696

Airbnb ROI: -1.07%

Traditional ROI: 2.27%

122 Bellfield Avenue

Elyria, OH

2 beds | 1 baths | 852 sq.ft.

$69,900

Airbnb cash on cash: -3.92%

Traditional cash on cash: 8.96%

Airbnb Rental Income: $446

Traditional Rental Income: $1076

Airbnb ROI: -3.92%

Traditional ROI: 8.96%

10249 West Ridge Road

Elyria, OH

4 beds | 2 baths | 3,932 sq.ft.

$299,999

Airbnb cash on cash: N/A

Traditional cash on cash: 4.09%

Airbnb Rental Income: $null

Traditional Rental Income: $1818

Airbnb ROI: N/A