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
610 Princeton Avenue Elyria, OH Welcome to charming and updated living at 610 Princeton Ave in Elyria! This well-maintaine...	3 beds \| 1 baths \| 1,197 sq.ft.	$179,900	Airbnb cash on cash: 0.93% Traditional cash on cash: 5.73% Airbnb Rental Income: $965 Traditional Rental Income: $1436 Airbnb ROI: 0.93% Traditional ROI: 5.73%
231 College Park Drive Elyria, OH Beautifully updated three-bedroom cape cod home with vaulted living room ceiling that blen...	3 beds \| 1 baths \| 1,406 sq.ft.	$219,000	Airbnb cash on cash: 0.56% Traditional cash on cash: 4.33% Airbnb Rental Income: $965 Traditional Rental Income: $1397 Airbnb ROI: 0.56% Traditional ROI: 4.33%
890 Salem Avenue Elyria, OH Located on Elyria's northside, this home has easy access to highways, shopping, dining, me...	3 beds \| 2 baths \| 1,056 sq.ft.	$139,900	Airbnb cash on cash: 1.25% Traditional cash on cash: 7.84% Airbnb Rental Income: $965 Traditional Rental Income: $1499 Airbnb ROI: 1.25% Traditional ROI: 7.84%
167 Brandtson Avenue Elyria, OH Some homes offer cosmetic updates. Others offer peace of mind. At 167 Brandston Ave, you'l...	3 beds \| 1 baths \| 1,152 sq.ft.	$178,000	Airbnb cash on cash: 0.82% Traditional cash on cash: 4.32% Airbnb Rental Income: $965 Traditional Rental Income: $1209 Airbnb ROI: 0.82% Traditional ROI: 4.32%
40087 Hope Court Elyria, OH Stunning 4-bedroom, 2.5-bath Colonial nestled on a cul-de-sac street located in Carlisle T...	4 beds \| 3 baths \| 2,220 sq.ft.	$350,000	Airbnb cash on cash: -0.39% Traditional cash on cash: 5.78% Airbnb Rental Income: $1071 Traditional Rental Income: $2731 Airbnb ROI: -0.39% Traditional ROI: 5.78%
339 Columbus Street Elyria, OH Move-in ready and beautifully updated! This charming 3-bedroom colonial-style home in Elyr...	3 beds \| 1 baths \| N/A	$144,900	Airbnb cash on cash: 1.76% Traditional cash on cash: 7.24% Airbnb Rental Income: $965 Traditional Rental Income: $1376 Airbnb ROI: 1.76% Traditional ROI: 7.24%
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	$222,999	Airbnb cash on cash: -0.14% Traditional cash on cash: 5.42% Airbnb Rental Income: $965 Traditional Rental Income: $1789 Airbnb ROI: -0.14% Traditional ROI: 5.42%
41668 Birchwood Street Elyria, OH Welcome to 41668 Birchwood! Built in 2008, this well-maintained ranch offers 3 bedrooms an...	3 beds \| 2 baths \| N/A	$279,999	Airbnb cash on cash: -0.49% Traditional cash on cash: 5.11% Airbnb Rental Income: $965 Traditional Rental Income: $2093 Airbnb ROI: -0.49% Traditional ROI: 5.11%
556 Keys Drive Elyria, OH Spacious Elyria Ranch with room to grow! This beautifully laid-out 4bedroom 1bath ranch of...	4 beds \| 1 baths \| N/A	$175,000	Airbnb cash on cash: 1.51% Traditional cash on cash: 7.7% Airbnb Rental Income: $1071 Traditional Rental Income: $1735 Airbnb ROI: 1.51% Traditional ROI: 7.7%
537 Randall Road Elyria, OH Looking for one-floor living near the Sheffield border with space to spread out? This 3-be...	3 beds \| 3 baths \| 2,352 sq.ft.	$240,000	Airbnb cash on cash: 0.22% Traditional cash on cash: 9.34% Airbnb Rental Income: $965 Traditional Rental Income: $2684 Airbnb ROI: 0.22% Traditional ROI: 9.34%
127 Edgefield Drive Elyria, OH Welcome home to this beautifully updated 4-bedroom, 2-bath split-level situated on a desir...	4 beds \| 2 baths \| 2,222 sq.ft.	$270,000	Airbnb cash on cash: 0.22% Traditional cash on cash: 6.37% Airbnb Rental Income: $1071 Traditional Rental Income: $2268 Airbnb ROI: 0.22% Traditional ROI: 6.37%
428 West Avenue Elyria, OH Excellent opportunity to add a cash-flowing multifamily asset to your investment portfolio...	4 beds \| 4 baths \| 4,800 sq.ft.	$299,900	Airbnb cash on cash: 0.04% Traditional cash on cash: 9.33% Airbnb Rental Income: $1071 Traditional Rental Income: $3326 Airbnb ROI: 0.04% Traditional ROI: 9.33%
634 Georgetown Avenue Elyria, OH Welcome to this beautifully maintained 4-bedroom, 2 full bath split-level home in one of E...	4 beds \| 2 baths \| 2,182 sq.ft.	$260,000	Airbnb cash on cash: 0.15% Traditional cash on cash: 6.51% Airbnb Rental Income: $1071 Traditional Rental Income: $2263 Airbnb ROI: 0.15% Traditional ROI: 6.51%
466 Colgate Avenue Elyria, OH Welcome home to this spacious bi-level offering room to spread out, versatile living space...	4 beds \| 2 baths \| 2,049 sq.ft.	$200,000	Airbnb cash on cash: 0.39% Traditional cash on cash: 8.05% Airbnb Rental Income: $1071 Traditional Rental Income: $2157 Airbnb ROI: 0.39% Traditional ROI: 8.05%
517 Gulf Road Elyria, OH 517 Gulf Rd - Charming & Updated Beauty! Schedule your showing today for this delightful 3...	3 beds \| 3 baths \| 1,993 sq.ft.	$245,000	Airbnb cash on cash: 0.06% Traditional cash on cash: 1.87% Airbnb Rental Income: $965 Traditional Rental Income: $1034 Airbnb ROI: 0.06% Traditional ROI: 1.87%
141 W Spring Drive Elyria, OH Welcome to 141 W Spring St in Elyria, located in the sought-after Ridge Water community. T...	3 beds \| 2 baths \| 1,251 sq.ft.	$284,900	Airbnb cash on cash: -0.38% Traditional cash on cash: 4% Airbnb Rental Income: $965 Traditional Rental Income: $1792 Airbnb ROI: -0.38% Traditional ROI: 4%
39550 Calann Drive Elyria, OH This well maintained ranch home is ready for move-in! Located in the Midview School Distri...	3 beds \| 2 baths \| 1,662 sq.ft.	$289,900	Airbnb cash on cash: 0.04% Traditional cash on cash: 3.14% Airbnb Rental Income: $965 Traditional Rental Income: $1462 Airbnb ROI: 0.04% Traditional ROI: 3.14%
169 Boston Avenue Elyria, OH Welcome to 169 Boston Avenue in Elyria! This charming 2-bedroom, 1-bath ranch offers affor...	2 beds \| 1 baths \| N/A	$130,000	Airbnb cash on cash: -0.14% Traditional cash on cash: 4.35% Airbnb Rental Income: $598 Traditional Rental Income: $870 Airbnb ROI: -0.14% Traditional ROI: 4.35%
864 Wilder Avenue Elyria, OH Welcome home to a beautifully reimagined and extensively renovated residence, where nearly...	3 beds \| 2 baths \| 1,646 sq.ft.	$249,900	Airbnb cash on cash: 0.14% Traditional cash on cash: 4.19% Airbnb Rental Income: $965 Traditional Rental Income: $1570 Airbnb ROI: 0.14% Traditional ROI: 4.19%
189 Alexander Drive Elyria, OH Welcome to 189 Alexander Dr in Elyria - a newer construction home built in 2023 offering m...	4 beds \| 3 baths \| 1,480 sq.ft.	$289,900	Airbnb cash on cash: -0.01% Traditional cash on cash: 4.15% Airbnb Rental Income: $1071 Traditional Rental Income: $1841 Airbnb ROI: -0.01% Traditional ROI: 4.15%
1153 Gulf Road Elyria, OH Looking for a nice sized ranch with much potential? This home may be perfect for you! Home...	3 beds \| 2 baths \| 1,297 sq.ft.	$149,900	Airbnb cash on cash: 1.49% Traditional cash on cash: 9.03% Airbnb Rental Income: $965 Traditional Rental Income: $1696 Airbnb ROI: 1.49% Traditional ROI: 9.03%
704 Maple Hollow Court Elyria, OH Quality construction, desirable Midview Schools, premium cul-de-sac lot plus private backy...	4 beds \| 3 baths \| 3,057 sq.ft.	$385,000	Airbnb cash on cash: -0.78% Traditional cash on cash: 4.22% Airbnb Rental Income: $1071 Traditional Rental Income: $2510 Airbnb ROI: -0.78% Traditional ROI: 4.22%
42988 Woodhill Drive Elyria, OH 42988 Woodhill Dr, Elyria, OH 44035 offers the perfect blend of comfort and convenience in...	3 beds \| 2 baths \| 1,556 sq.ft.	$230,000	Airbnb cash on cash: 0.07% Traditional cash on cash: 4.5% Airbnb Rental Income: $965 Traditional Rental Income: $1579 Airbnb ROI: 0.07% Traditional ROI: 4.5%
1061 Bell Avenue Elyria, OH A really nice updated 3-bedroom Cape Cod located in a nice area of well-kept homes. Home f...	3 beds \| 2 baths \| 1,160 sq.ft.	$159,900	Airbnb cash on cash: 1.81% Traditional cash on cash: 7.46% Airbnb Rental Income: $965 Traditional Rental Income: $1479 Airbnb ROI: 1.81% Traditional ROI: 7.46%
967 Gulf Road Elyria, OH Well-maintained 3-bedroom, 1.5 bath home offering comfort, charm, and thoughtful features ...	3 beds \| 2 baths \| 2,100 sq.ft.	$225,000	Airbnb cash on cash: 0.36% Traditional cash on cash: 5.82% Airbnb Rental Income: $965 Traditional Rental Income: $1778 Airbnb ROI: 0.36% Traditional ROI: 5.82%
823 Stanford Avenue Elyria, OH Welcome to 823 Stanford Rd! This updated 3-bedroom, 1-bath ranch features a nice backyard ...	3 beds \| 1 baths \| 912 sq.ft.	$154,900	Airbnb cash on cash: 1.31% Traditional cash on cash: 5.58% Airbnb Rental Income: $965 Traditional Rental Income: $1247 Airbnb ROI: 1.31% Traditional ROI: 5.58%
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: 1.98% Traditional cash on cash: 7.66% Airbnb Rental Income: $965 Traditional Rental Income: $1379 Airbnb ROI: 1.98% Traditional ROI: 7.66%
146 Harrison Street Elyria, OH Charming historical home perfect for Summer Gatherings! Walk through the front door of thi...	5 beds \| 3 baths \| 2,826 sq.ft.	$393,100	Airbnb cash on cash: N/A Traditional cash on cash: 6.35% Airbnb Rental Income: $null Traditional Rental Income: $3111 Airbnb ROI: N/A Traditional ROI: 6.35%
42009 Adelbert Street Elyria, OH Welcome to this gorgeous, fully remodeled 3 bedroom 2 bathroom house with all the works. E...	3 beds \| 2 baths \| 1,450 sq.ft.	$267,000	Airbnb cash on cash: -0.04% Traditional cash on cash: 2.36% Airbnb Rental Income: $965 Traditional Rental Income: $1220 Airbnb ROI: -0.04% Traditional ROI: 2.36%
41796 Adelbert Street Elyria, OH Elyria Township! 4 Bedroom, 2 bath colonial. All new inside & out. 25-year dimensional roo...	4 beds \| 2 baths \| 2,905 sq.ft.	$329,900	Airbnb cash on cash: 0.03% Traditional cash on cash: 5.72% Airbnb Rental Income: $1071 Traditional Rental Income: $2466 Airbnb ROI: 0.03% Traditional ROI: 5.72%
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 \| 1,380 sq.ft.	$249,900	Airbnb cash on cash: -1.49% Traditional cash on cash: 5.4% Airbnb Rental Income: $598 Traditional Rental Income: $1934 Airbnb ROI: -1.49% Traditional ROI: 5.4%
556 Eldemire Lane Elyria, OH QUICK MOVE IN! BRAND NEW construction and ready TO MOVE IN AND ENJOY! Welcome to this new ...	2 beds \| 2 baths \| 2,856 sq.ft.	$272,900	Airbnb cash on cash: -1.7% Traditional cash on cash: 5.93% Airbnb Rental Income: $598 Traditional Rental Income: $2273 Airbnb ROI: -1.7% Traditional ROI: 5.93%
208 Alexander Drive Elyria, OH Welcome to the Windsor Model at 208-a brand-new ranch home with no steps and the best valu...	2 beds \| 2 baths \| 1,428 sq.ft.	$242,900	Airbnb cash on cash: -1.6% Traditional cash on cash: 6.11% Airbnb Rental Income: $598 Traditional Rental Income: $2078 Airbnb ROI: -1.6% Traditional ROI: 6.11%
437 Pheasant Run Elyria, OH This beautifully styled 3-bedroom ranch combines timeless farmhouse charm with modern comf...	3 beds \| 3 baths \| 1,628 sq.ft.	$404,990	Airbnb cash on cash: -2% Traditional cash on cash: 1.93% Airbnb Rental Income: $965 Traditional Rental Income: $2109 Airbnb ROI: -2% Traditional ROI: 1.93%
161 High Street Elyria, OH (Walking tour) Brand New Construction Duplex - Completed December 2025. Turn-key investmen...	6 beds \| 2 baths \| 2,432 sq.ft.	$369,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.1% Airbnb Rental Income: $null Traditional Rental Income: $2394 Airbnb ROI: N/A Traditional ROI: 4.1%
133 Gleneagle Drive Elyria, OH Welcome to 133 Gleneagle Dr in Elyria-a spacious, well-maintained home in a desirable comm...	2 beds \| 3 baths \| 1,841 sq.ft.	$224,900	Airbnb cash on cash: -1.04% Traditional cash on cash: 8.18% Airbnb Rental Income: $598 Traditional Rental Income: $2273 Airbnb ROI: -1.04% Traditional ROI: 8.18%
157 Kensington Way Elyria, OH Don't miss this opportunity to own a newer home in a vibrant, amenity-rich community creat...	2 beds \| 2 baths \| 1,852 sq.ft.	$369,900	Airbnb cash on cash: -1.51% Traditional cash on cash: 4.69% Airbnb Rental Income: $598 Traditional Rental Income: $2461 Airbnb ROI: -1.51% Traditional ROI: 4.69%

Real Estate investment in Elyria, OH

There are 95 properties for sale in the city of Elyria . The median list price in Elyria is $184,195 and the average price per square foot is $100. In June 2026, the average monthly cash on cash return in Elyria is 6.00%. The average monthly rental income in Elyria is $1,841.

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

There are 95 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 $965.

Your search for investment property begins and ends here

Investment Property for Sale in Elyria, OH

610 Princeton Avenue

Elyria, OH

3 beds | 1 baths | 1,197 sq.ft.

$179,900

Airbnb cash on cash: 0.93%

Traditional cash on cash: 5.73%

Airbnb Rental Income: $965

Traditional Rental Income: $1436

Airbnb ROI: 0.93%

Traditional ROI: 5.73%

231 College Park Drive

Elyria, OH

3 beds | 1 baths | 1,406 sq.ft.

$219,000

Airbnb cash on cash: 0.56%

Traditional cash on cash: 4.33%

Airbnb Rental Income: $965

Traditional Rental Income: $1397

Airbnb ROI: 0.56%

Traditional ROI: 4.33%

890 Salem Avenue

Elyria, OH

3 beds | 2 baths | 1,056 sq.ft.

$139,900

Airbnb cash on cash: 1.25%

Traditional cash on cash: 7.84%

Airbnb Rental Income: $965

Traditional Rental Income: $1499

Airbnb ROI: 1.25%

Traditional ROI: 7.84%

167 Brandtson Avenue

Elyria, OH

3 beds | 1 baths | 1,152 sq.ft.

$178,000

Airbnb cash on cash: 0.82%

Traditional cash on cash: 4.32%

Airbnb Rental Income: $965

Traditional Rental Income: $1209

Airbnb ROI: 0.82%

Traditional ROI: 4.32%

40087 Hope Court

Elyria, OH

4 beds | 3 baths | 2,220 sq.ft.

$350,000

Airbnb cash on cash: -0.39%

Traditional cash on cash: 5.78%

Airbnb Rental Income: $1071

Traditional Rental Income: $2731

Airbnb ROI: -0.39%

Traditional ROI: 5.78%

339 Columbus Street

Elyria, OH

3 beds | 1 baths | N/A

$144,900

Airbnb cash on cash: 1.76%

Traditional cash on cash: 7.24%

Airbnb Rental Income: $965

Traditional Rental Income: $1376

Airbnb ROI: 1.76%

Traditional ROI: 7.24%

542 Georgetown Avenue

Elyria, OH

3 beds | 2 baths | N/A

$222,999

Airbnb cash on cash: -0.14%

Traditional cash on cash: 5.42%

Airbnb Rental Income: $965

Traditional Rental Income: $1789

Airbnb ROI: -0.14%

Traditional ROI: 5.42%

41668 Birchwood Street

Elyria, OH

3 beds | 2 baths | N/A

$279,999

Airbnb cash on cash: -0.49%

Traditional cash on cash: 5.11%

Airbnb Rental Income: $965

Traditional Rental Income: $2093

Airbnb ROI: -0.49%