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
102 Potomac Drive Elyria, OH Welcome to 102 Potomac Drive in Elyria. This three bedroom home has many updates. The firs...	3 beds \| 2 baths \| 1,840 sq.ft.	$212,000	Airbnb cash on cash: 5.03% Traditional cash on cash: 7.21% Airbnb Rental Income: $2162 Traditional Rental Income: $2052 Airbnb ROI: 5.03% Traditional ROI: 7.21%
461 Xavier Street Elyria, OH Come see this beautiful Cape Cod in the Hampton estates neighborhood in Elyria! Convenienc...	4 beds \| 2 baths \| 1,421 sq.ft.	$215,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.94% Airbnb Rental Income: $null Traditional Rental Income: $1947 Airbnb ROI: N/A Traditional ROI: 6.94%
807 Hollywood Boulevard Elyria, OH Charming, updated 3-bedroom ranch in North Elyria, ideally located just south of LCCC with...	3 beds \| 1 baths \| 884 sq.ft.	$189,900	Airbnb cash on cash: 6.36% Traditional cash on cash: 4% Airbnb Rental Income: $2162 Traditional Rental Income: $1186 Airbnb ROI: 6.36% Traditional ROI: 4%
1038 Oakwood Drive Elyria, OH Nestled in the heart of Elyria at 1038 Oakwood Drive, this fully updated 3-bedroom, 1-bath...	3 beds \| 1 baths \| 1,462 sq.ft.	$214,900	Airbnb cash on cash: 5.39% Traditional cash on cash: 4.84% Airbnb Rental Income: $2162 Traditional Rental Income: $1502 Airbnb ROI: 5.39% Traditional ROI: 4.84%
208 Miller Court Elyria, OH Four Bedroom Home in Midview Schools! Kitchen and Bathroom Remodeled in 2025! Kitchen feat...	4 beds \| 1 baths \| N/A	$185,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.34% Airbnb Rental Income: $null Traditional Rental Income: $1591 Airbnb ROI: N/A Traditional ROI: 6.34%
409 Gulf Road Elyria, OH Great investment opportunity or live in one unit and let the tenant pay a portion of the m...	4 beds \| 2 baths \| 1,824 sq.ft.	$145,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.71% Airbnb Rental Income: $null Traditional Rental Income: $1003 Airbnb ROI: N/A Traditional ROI: 3.71%
129 Whitman Boulevard Elyria, OH This charming ranch is move-in ready and just waiting for you! Step inside to the spacious...	3 beds \| 2 baths \| 1,792 sq.ft.	$240,000	Airbnb cash on cash: 4.49% Traditional cash on cash: 3.24% Airbnb Rental Income: $2162 Traditional Rental Income: $1330 Airbnb ROI: 4.49% Traditional ROI: 3.24%
358 Oxford Avenue Elyria, OH This cute little Eastern Heights colonial has it all. Enjoy the craftmanship and timeless ...	3 beds \| 2 baths \| N/A	$185,000	Airbnb cash on cash: 6.23% Traditional cash on cash: 7.14% Airbnb Rental Income: $2162 Traditional Rental Income: $1773 Airbnb ROI: 6.23% Traditional ROI: 7.14%
803 East Avenue Elyria, OH Welcome to 803 East Ave., a well-maintained and inviting home located in the heart of Elyr...	3 beds \| 2 baths \| 1,484 sq.ft.	$135,000	Airbnb cash on cash: 9.61% Traditional cash on cash: 8.13% Airbnb Rental Income: $2162 Traditional Rental Income: $1420 Airbnb ROI: 9.61% Traditional ROI: 8.13%
757 Abbe Road N Elyria, OH Meticulously maintained and tastefully updated, this spacious colonial is full of charm an...	4 beds \| 2 baths \| 1,494 sq.ft.	$219,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.01% Airbnb Rental Income: $null Traditional Rental Income: $1994 Airbnb ROI: N/A Traditional ROI: 7.01%
517 Metcalf Road Elyria, OH Welcome Home to this well-maintained 3 bedroom ranch offering comfort, conveniences, much ...	3 beds \| 1 baths \| 1,633 sq.ft.	$160,000	Airbnb cash on cash: 7.79% Traditional cash on cash: 6.7% Airbnb Rental Income: $2162 Traditional Rental Income: $1447 Airbnb ROI: 7.79% Traditional ROI: 6.7%
41895 Edison Court Elyria, OH Relaxed Ranch Living...tucked away on a quiet cul-de-sac street in sought-after Elyria Tow...	3 beds \| 2 baths \| 1,650 sq.ft.	$219,900	Airbnb cash on cash: 5.19% Traditional cash on cash: 6.49% Airbnb Rental Income: $2162 Traditional Rental Income: $1885 Airbnb ROI: 5.19% Traditional ROI: 6.49%
105 W Spring Drive Elyria, OH Fall in Love at First Sight! This stunning 3 bedroom 2 bath ranch home brings serious curb...	3 beds \| 2 baths \| 1,736 sq.ft.	$344,900	Airbnb cash on cash: 1.79% Traditional cash on cash: 2.45% Airbnb Rental Income: $2162 Traditional Rental Income: $1827 Airbnb ROI: 1.79% Traditional ROI: 2.45%
108 Coronado Court Elyria, OH Get ready to be wowed by this newly updated, Ranch home nestled in a beautiful neighborhoo...	3 beds \| 1 baths \| 1,181 sq.ft.	$209,900	Airbnb cash on cash: 5.78% Traditional cash on cash: 4.79% Airbnb Rental Income: $2162 Traditional Rental Income: $1417 Airbnb ROI: 5.78% Traditional ROI: 4.79%
163 Bellfield Avenue Elyria, OH Welcome to 163 Bellfield Ave - a beautifully maintained home offering modern updates and c...	3 beds \| 1 baths \| 912 sq.ft.	$185,000	Airbnb cash on cash: 6.55% Traditional cash on cash: 4.37% Airbnb Rental Income: $2162 Traditional Rental Income: $1229 Airbnb ROI: 6.55% Traditional ROI: 4.37%
1115 East Avenue Elyria, OH 4-unit investor special! 2 buildings, one building on George St has 3 apartments, and the ...	4 beds \| 4 baths \| 3,920 sq.ft.	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.08% Airbnb Rental Income: $null Traditional Rental Income: $2017 Airbnb ROI: N/A Traditional ROI: 8.08%
309 Franklin Avenue Elyria, OH Welcome to this cozy 3-bedroom, 1.5-bath ranch-style home, perfect for comfortable living....	3 beds \| 2 baths \| 1,176 sq.ft.	$175,000	Airbnb cash on cash: 7.4% Traditional cash on cash: 6.92% Airbnb Rental Income: $2162 Traditional Rental Income: $1534 Airbnb ROI: 7.4% Traditional ROI: 6.92%
185 Harvest Way Elyria, OH Spacious and inviting, this beautifully designed 4-bedroom home offers the perfect blend o...	4 beds \| 2 baths \| 1,765 sq.ft.	$369,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.17% Airbnb Rental Income: $null Traditional Rental Income: $2008 Airbnb ROI: N/A Traditional ROI: 4.17%
23 Valley Forge Lane Elyria, OH Clean as can be and move in ready. This is a second floor ranch condominium that has a pri...	2 beds \| 1 baths \| 950 sq.ft.	$104,900	Airbnb cash on cash: 5.63% Traditional cash on cash: 8.1% Airbnb Rental Income: $1660 Traditional Rental Income: $1445 Airbnb ROI: 5.63% Traditional ROI: 8.1%
406 Cambridge Avenue Elyria, OH Welcome to this cozy 3-bedroom, 1-bathroom home, perfect for first-time home buyers or as ...	3 beds \| 1 baths \| 1,203 sq.ft.	$200,000	Airbnb cash on cash: 6.16% Traditional cash on cash: 4.9% Airbnb Rental Income: $2162 Traditional Rental Income: $1375 Airbnb ROI: 6.16% Traditional ROI: 4.9%
823 Washington Avenue Elyria, OH As you step inside, you'll be greeted by an inviting open floor plan that seamlessly conne...	3 beds \| 3 baths \| 2,137 sq.ft.	$320,000	Airbnb cash on cash: 3.14% Traditional cash on cash: 6.66% Airbnb Rental Income: $2162 Traditional Rental Income: $2670 Airbnb ROI: 3.14% Traditional ROI: 6.66%
40101 Ryan Court Elyria, OH Move-in Ready New Construction Ranch Home in a Quiet Cul-de-Sac! This beautifully designed...	3 beds \| 2 baths \| 1,606 sq.ft.	$324,000	Airbnb cash on cash: 3.73% Traditional cash on cash: 5.19% Airbnb Rental Income: $2162 Traditional Rental Income: $2058 Airbnb ROI: 3.73% Traditional ROI: 5.19%
126 Harvest Way Elyria, OH	5 beds \| 4 baths \| 3,005 sq.ft.	$339,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.79% Airbnb Rental Income: $null Traditional Rental Income: $3563 Airbnb ROI: N/A Traditional ROI: 7.79%
511 Woodland Avenue Elyria, OH Come make this your home. Cute ranch with private backyard and 1 car garage. Spacious livi...	2 beds \| 1 baths \| 2,011 sq.ft.	$125,000	Airbnb cash on cash: 6.94% Traditional cash on cash: 6.97% Airbnb Rental Income: $1660 Traditional Rental Income: $1198 Airbnb ROI: 6.94% Traditional ROI: 6.97%
529 Cornell Avenue Elyria, OH Welcome to this spacious and stylish Cape Cod, offering over 2,500 square feet of finished...	3 beds \| 2 baths \| 3,123 sq.ft.	$185,000	Airbnb cash on cash: 6.35% Traditional cash on cash: 10.08% Airbnb Rental Income: $2162 Traditional Rental Income: $2269 Airbnb ROI: 6.35% Traditional ROI: 10.08%
41957 N Ridge Road Elyria, OH This totally renovated home is only being sold as part of the full commercial listing mls ...	3 beds \| 1 baths \| N/A	$325,000	Airbnb cash on cash: 1.88% Traditional cash on cash: 1.37% Airbnb Rental Income: $2162 Traditional Rental Income: $1457 Airbnb ROI: 1.88% Traditional ROI: 1.37%
140 School Street Elyria, OH Attention Investors, Cash Flowing Duplex in Elyria. This is a large first-floor unit with ...	5 beds \| 3 baths \| N/A	$218,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.48% Airbnb Rental Income: $null Traditional Rental Income: $2717 Airbnb ROI: N/A Traditional ROI: 10.48%
608 Cedarwood Trail Elyria, OH QUICK MOVE-IN! Step into the convenience of single floor living with this stunning Daffodi...	3 beds \| 3 baths \| 1,628 sq.ft.	$394,711	Airbnb cash on cash: 0.66% Traditional cash on cash: 2.46% Airbnb Rental Income: $2162 Traditional Rental Income: $2278 Airbnb ROI: 0.66% Traditional ROI: 2.46%
321 Boston Avenue Elyria, OH Spacious 2 bedroom, 1.5 bath located in quiet neighborhood. The kitchen features most appl...	2 beds \| 2 baths \| 924 sq.ft.	$137,900	Airbnb cash on cash: 5.76% Traditional cash on cash: 7.67% Airbnb Rental Income: $1660 Traditional Rental Income: $1448 Airbnb ROI: 5.76% Traditional ROI: 7.67%
638 Cornell Avenue Elyria, OH Welcome to this beautifully maintained Cape Cod that offers both comfort and convenience! ...	3 beds \| 1 baths \| 1,944 sq.ft.	$169,900	Airbnb cash on cash: 7.24% Traditional cash on cash: 6.41% Airbnb Rental Income: $2162 Traditional Rental Income: $1479 Airbnb ROI: 7.24% Traditional ROI: 6.41%
721 Cedar Crest Drive Elyria, OH Welcome to this beautifully crafted home in the premier Four Seasons 55+ active adult comm...	3 beds \| 2 baths \| 1,913 sq.ft.	$379,900	Airbnb cash on cash: 1.41% Traditional cash on cash: 3.52% Airbnb Rental Income: $2162 Traditional Rental Income: $2363 Airbnb ROI: 1.41% Traditional ROI: 3.52%
205 Alexander Drive Elyria, OH BRAND NEW RANCH COMMUNITY WITH A NEW/AMENDED FLOORPLAN, first of this design with an expan...	2 beds \| 2 baths \| 1,421 sq.ft.	$239,900	Airbnb cash on cash: 1.58% Traditional cash on cash: 5.87% Airbnb Rental Income: $1660 Traditional Rental Income: $2167 Airbnb ROI: 1.58% Traditional ROI: 5.87%
806 Cedar Crest Drive Elyria, OH Step into resort-style living in this immaculate, move-in ready ranch, built in 2022 by K....	2 beds \| 2 baths \| 1,668 sq.ft.	$395,000	Airbnb cash on cash: 0.12% Traditional cash on cash: 2.84% Airbnb Rental Income: $1660 Traditional Rental Income: $2202 Airbnb ROI: 0.12% Traditional ROI: 2.84%
129 Willow Way Elyria, OH Welcome home to Harvest Meadows in Elyria! This Oleander is under construction now with an...	4 beds \| 3 baths \| 2,099 sq.ft.	$369,990	Airbnb cash on cash: N/A Traditional cash on cash: 5.28% Airbnb Rental Income: $null Traditional Rental Income: $2836 Airbnb ROI: N/A Traditional ROI: 5.28%
838 Meadow Lake Drive Elyria, OH QUICK MOVE-IN! Introducing the Goldenrod plan, a charming, 4 bedroom, 2 bath ranch with 1,...	4 beds \| 2 baths \| 1,762 sq.ft.	$379,990	Airbnb cash on cash: N/A Traditional cash on cash: 3.6% Airbnb Rental Income: $null Traditional Rental Income: $2310 Airbnb ROI: N/A Traditional ROI: 3.6%
575 Cedarwood Trail Elyria, OH QUICK MOVE-IN and completed this summer! The open concept layout of the Water Lily plan is...	5 beds \| 3 baths \| 2,516 sq.ft.	$399,990	Airbnb cash on cash: N/A Traditional cash on cash: 5.07% Airbnb Rental Income: $null Traditional Rental Income: $2978 Airbnb ROI: N/A Traditional ROI: 5.07%
578 Cedarwood Trail Elyria, OH QUICK MOVE-IN! Step into the convenience of single floor living with this stunning Daffodi...	3 beds \| 2 baths \| 1,628 sq.ft.	$359,990	Airbnb cash on cash: 1.87% Traditional cash on cash: 3.31% Airbnb Rental Income: $2162 Traditional Rental Income: $2098 Airbnb ROI: 1.87% Traditional ROI: 3.31%
604 Cedarwood Trail Elyria, OH QUICK MOVE-IN! This 5 bedroom, 4 bath Water Lily holds almost 2,500 sqft of thoughtfully d...	5 beds \| 4 baths \| 2,495 sq.ft.	$414,990	Airbnb cash on cash: N/A Traditional cash on cash: 5.52% Airbnb Rental Income: $null Traditional Rental Income: $3255 Airbnb ROI: N/A Traditional ROI: 5.52%
224 Alexander Drive Elyria, OH Welcome to Windsor Place! Nestled in such a convenient location to major points east and w...	2 beds \| 2 baths \| 1,380 sq.ft.	$239,900	Airbnb cash on cash: 1.58% Traditional cash on cash: 5.74% Airbnb Rental Income: $1660 Traditional Rental Income: $2138 Airbnb ROI: 1.58% Traditional ROI: 5.74%

Real Estate investment in Elyria, OH

There are 91 properties for sale in the city of Elyria . The median list price in Elyria is $199,950 and the average price per square foot is $116. In July 2025, the average monthly cash on cash return in Elyria is 6.00%. The average monthly rental income in Elyria is $1,780.

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

There are 91 investment properties available for sale in Elyria.

In 2025, 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 $2,162.

Your search for investment property begins and ends here

Investment Property for Sale in Elyria, OH

102 Potomac Drive

Elyria, OH

3 beds | 2 baths | 1,840 sq.ft.

$212,000

Airbnb cash on cash: 5.03%

Traditional cash on cash: 7.21%

Airbnb Rental Income: $2162

Traditional Rental Income: $2052

Airbnb ROI: 5.03%

Traditional ROI: 7.21%

461 Xavier Street

Elyria, OH

4 beds | 2 baths | 1,421 sq.ft.

$215,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.94%

Airbnb Rental Income: $null

Traditional Rental Income: $1947

Airbnb ROI: N/A

Traditional ROI: 6.94%

807 Hollywood Boulevard

Elyria, OH

3 beds | 1 baths | 884 sq.ft.

$189,900

Airbnb cash on cash: 6.36%

Traditional cash on cash: 4%

Airbnb Rental Income: $2162

Traditional Rental Income: $1186

Airbnb ROI: 6.36%

Traditional ROI: 4%

1038 Oakwood Drive

Elyria, OH

3 beds | 1 baths | 1,462 sq.ft.

$214,900

Airbnb cash on cash: 5.39%

Traditional cash on cash: 4.84%

Airbnb Rental Income: $2162

Traditional Rental Income: $1502

Airbnb ROI: 5.39%

Traditional ROI: 4.84%

208 Miller Court

Elyria, OH

4 beds | 1 baths | N/A

$185,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.34%

Airbnb Rental Income: $null

Traditional Rental Income: $1591

Airbnb ROI: N/A

Traditional ROI: 6.34%

409 Gulf Road

Elyria, OH

4 beds | 2 baths | 1,824 sq.ft.

$145,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.71%

Airbnb Rental Income: $null

Traditional Rental Income: $1003

Airbnb ROI: N/A

Traditional ROI: 3.71%

129 Whitman Boulevard

Elyria, OH

3 beds | 2 baths | 1,792 sq.ft.

$240,000

Airbnb cash on cash: 4.49%

Traditional cash on cash: 3.24%

Airbnb Rental Income: $2162

Traditional Rental Income: $1330

Airbnb ROI: 4.49%

Traditional ROI: 3.24%

358 Oxford Avenue

Elyria, OH

3 beds | 2 baths | N/A

$185,000

Airbnb cash on cash: 6.23%

Traditional cash on cash: 7.14%

Airbnb Rental Income: $2162

Traditional Rental Income: $1773

Airbnb ROI: 6.23%