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
123 Newport Court Elyria, OH Welcome to this stunning home tucked away on a quiet no-outlet street in the desirable Mid...	2 beds \| 2 baths \| 1,484 sq.ft.	$239,900	Airbnb cash on cash: -0.66% Traditional cash on cash: 0.89% Airbnb Rental Income: $712 Traditional Rental Income: $755 Airbnb ROI: -0.66% Traditional ROI: 0.89%
42954 Crestlane Drive Elyria, OH Welcome to your retreat in the city! This spacious split-level home sits on nearly an acre...	3 beds \| 2 baths \| 1,604 sq.ft.	$219,900	Airbnb cash on cash: 0.76% Traditional cash on cash: 6.04% Airbnb Rental Income: $1136 Traditional Rental Income: $1858 Airbnb ROI: 0.76% Traditional ROI: 6.04%
964 N Pasadena Avenue Elyria, OH Welcome to this beautifully updated ranch nestled on a spacious lot in the peaceful Spring...	3 beds \| 1 baths \| 960 sq.ft.	$169,900	Airbnb cash on cash: 1.96% Traditional cash on cash: 5.14% Airbnb Rental Income: $1136 Traditional Rental Income: $1273 Airbnb ROI: 1.96% Traditional ROI: 5.14%
5960 Ford Road Elyria, OH Stunning home boasting over 3,400 sq. ft on over an acre (that backs up to protected Metro...	5 beds \| 3 baths \| 3,422 sq.ft.	$488,800	Airbnb cash on cash: N/A Traditional cash on cash: 4.63% Airbnb Rental Income: $null Traditional Rental Income: $3218 Airbnb ROI: N/A Traditional ROI: 4.63%
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: 1.19% Traditional cash on cash: 4.84% Airbnb Rental Income: $1136 Traditional Rental Income: $1502 Airbnb ROI: 1.19% 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 \| 1,505 sq.ft.	$195,000	Airbnb cash on cash: -2.15% Traditional cash on cash: 5.97% Airbnb Rental Income: $332 Traditional Rental Income: $1591 Airbnb ROI: -2.15% Traditional ROI: 5.97%
503 Whitman Boulevard Elyria, OH This beautifully maintained colonial that seamlessly blends charm, comfort, and modern upd...	4 beds \| 3 baths \| 2,353 sq.ft.	$285,000	Airbnb cash on cash: -2.62% Traditional cash on cash: 2.93% Airbnb Rental Income: $332 Traditional Rental Income: $1579 Airbnb ROI: -2.62% Traditional ROI: 2.93%
7045 Freeland Drive Elyria, OH Welcome to 7045 Freeland Drive! Step inside this beautifully updated ranch to find new flo...	3 beds \| 2 baths \| 1,851 sq.ft.	$210,000	Airbnb cash on cash: 1.09% Traditional cash on cash: 7.55% Airbnb Rental Income: $1136 Traditional Rental Income: $2044 Airbnb ROI: 1.09% Traditional ROI: 7.55%
703 E Broad Street Elyria, OH Don't miss this beautifully remodeled 3 bedroom, 2.5 bath home that has been thoughtfully ...	3 beds \| 3 baths \| 1,692 sq.ft.	$190,000	Airbnb cash on cash: 1.29% Traditional cash on cash: 8.31% Airbnb Rental Income: $1136 Traditional Rental Income: $2025 Airbnb ROI: 1.29% Traditional ROI: 8.31%
160 Pinewood Drive Elyria, OH Welcome to 160 Pinewood a spacious and functional home nestled on a quiet street. Step ins...	3 beds \| 2 baths \| 1,704 sq.ft.	$225,000	Airbnb cash on cash: 0.81% Traditional cash on cash: 6.57% Airbnb Rental Income: $1136 Traditional Rental Income: $1984 Airbnb ROI: 0.81% Traditional ROI: 6.57%
110 Fallen Oak Lane Elyria, OH Check out this affordable single-story attached townhome in Oak Tree Place! Simple living...	2 beds \| 2 baths \| 1,350 sq.ft.	$218,000	Airbnb cash on cash: -1.62% Traditional cash on cash: 0.08% Airbnb Rental Income: $712 Traditional Rental Income: $755 Airbnb ROI: -1.62% Traditional ROI: 0.08%
172 Xavier Street Elyria, OH Beautifully Updated 4-Bedroom Home in Quiet Elyria Cul-de-Sac. Don't miss this spacious an...	4 beds \| 2 baths \| 2,247 sq.ft.	$259,900	Airbnb cash on cash: -2.54% Traditional cash on cash: 6.68% Airbnb Rental Income: $332 Traditional Rental Income: $2350 Airbnb ROI: -2.54% Traditional ROI: 6.68%
42976 Haven Drive Elyria, OH WOW! This stunning Elyria Township ranch checks every box-modern, stylish, and move-in rea...	3 beds \| 2 baths \| 1,220 sq.ft.	$215,000	Airbnb cash on cash: 1.15% Traditional cash on cash: 5.42% Airbnb Rental Income: $1136 Traditional Rental Income: $1628 Airbnb ROI: 1.15% Traditional ROI: 5.42%
412 Deer Crossing Elyria, OH Tucked within the quaint community of Stoneybrook Place, this beautifully maintained ranch...	2 beds \| 2 baths \| 1,318 sq.ft.	$215,000	Airbnb cash on cash: -0.9% Traditional cash on cash: 6.03% Airbnb Rental Income: $712 Traditional Rental Income: $1815 Airbnb ROI: -0.9% Traditional ROI: 6.03%
105 W Spring Drive Elyria, OH This well-cared-for 3-bedroom, 2-bath ranch home, built in 2022 by Yost Construction, offe...	3 beds \| 2 baths \| 1,736 sq.ft.	$336,000	Airbnb cash on cash: -0.85% Traditional cash on cash: 2.54% Airbnb Rental Income: $1136 Traditional Rental Income: $1827 Airbnb ROI: -0.85% Traditional ROI: 2.54%
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.	$195,000	Airbnb cash on cash: 1.66% Traditional cash on cash: 5.22% Airbnb Rental Income: $1136 Traditional Rental Income: $1417 Airbnb ROI: 1.66% Traditional ROI: 5.22%
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.	$170,000	Airbnb cash on cash: -2.19% Traditional cash on cash: 5.51% Airbnb Rental Income: $332 Traditional Rental Income: $1336 Airbnb ROI: -2.19% Traditional ROI: 5.51%
378 Concord Avenue Elyria, OH Welcome to this charming bungalow. This home is very warm and inviting in a quiet neighbor...	2 beds \| 1 baths \| 1,116 sq.ft.	$179,900	Airbnb cash on cash: -0.51% Traditional cash on cash: 6.84% Airbnb Rental Income: $712 Traditional Rental Income: $1663 Airbnb ROI: -0.51% Traditional ROI: 6.84%
826 S Logan Street Elyria, OH Step inside this beautifully refreshed 3-bedroom, 1-bath ranch in Elyria, perfect for easy...	3 beds \| 1 baths \| 925 sq.ft.	$160,000	Airbnb cash on cash: 2.24% Traditional cash on cash: 5.06% Airbnb Rental Income: $1136 Traditional Rental Income: $1189 Airbnb ROI: 2.24% Traditional ROI: 5.06%
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.	$165,000	Airbnb cash on cash: -3.64% Traditional cash on cash: 8.62% Airbnb Rental Income: $332 Traditional Rental Income: $2017 Airbnb ROI: -3.64% Traditional ROI: 8.62%
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: 2.27% Traditional cash on cash: 6.92% Airbnb Rental Income: $1136 Traditional Rental Income: $1534 Airbnb ROI: 2.27% Traditional ROI: 6.92%
367 Concord Avenue Elyria, OH Welcome to 367 Concord Ave, this completely remodeled Cape Cod is beautifully situated on ...	2 beds \| 2 baths \| N/A	$199,000	Airbnb cash on cash: -0.24% Traditional cash on cash: 5.06% Airbnb Rental Income: $712 Traditional Rental Income: $1406 Airbnb ROI: -0.24% Traditional ROI: 5.06%
406 Cambridge Avenue Elyria, OH Welcome to this cozy 3-bedroom, 2-bathroom home, perfect for first-time home buyers or as ...	3 beds \| 2 baths \| 1,203 sq.ft.	$200,000	Airbnb cash on cash: 1.65% Traditional cash on cash: 4.9% Airbnb Rental Income: $1136 Traditional Rental Income: $1375 Airbnb ROI: 1.65% Traditional ROI: 4.9%
64 Valley Forge Lane Elyria, OH Open floor plan offering lots of space for furniture arranging. This unit offers new windo...	2 beds \| 1 baths \| 836 sq.ft.	$99,900	Airbnb cash on cash: -1.87% Traditional cash on cash: 6.4% Airbnb Rental Income: $712 Traditional Rental Income: $1208 Airbnb ROI: -1.87% Traditional ROI: 6.4%
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.	$269,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.45% Airbnb Rental Income: $null Traditional Rental Income: $2240 Airbnb ROI: N/A Traditional ROI: 6.45%
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: 0.38% Traditional cash on cash: 6.97% Airbnb Rental Income: $712 Traditional Rental Income: $1198 Airbnb ROI: 0.38% Traditional ROI: 6.97%
759 University Avenue Elyria, OH Welcome home! 759 University Ave has been completely remodeled, you won't be disappointed!...	4 beds \| 2 baths \| 1,860 sq.ft.	$259,900	Airbnb cash on cash: -2.28% Traditional cash on cash: 5.93% Airbnb Rental Income: $332 Traditional Rental Income: $2101 Airbnb ROI: -2.28% Traditional ROI: 5.93%
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: -0.91% Traditional cash on cash: 1.37% Airbnb Rental Income: $1136 Traditional Rental Income: $1457 Airbnb ROI: -0.91% Traditional ROI: 1.37%
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: -1.65% Traditional cash on cash: 2.46% Airbnb Rental Income: $1136 Traditional Rental Income: $2278 Airbnb ROI: -1.65% Traditional ROI: 2.46%
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: -1.9% Traditional cash on cash: 5.87% Airbnb Rental Income: $712 Traditional Rental Income: $2167 Airbnb ROI: -1.9% Traditional ROI: 5.87%
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: 2.37% Traditional cash on cash: 5.22% Airbnb Rental Income: $1136 Traditional Rental Income: $1181 Airbnb ROI: 2.37% Traditional ROI: 5.22%
41972 Griswold Road Elyria, OH Welcome home to this wonderful 5 bed/3 full bath, 3900 sq.ft. custom-built RANCH on 7 ACRE...	5 beds \| 3 baths \| N/A	$498,989	Airbnb cash on cash: N/A Traditional cash on cash: 3.68% Airbnb Rental Income: $null Traditional Rental Income: $2888 Airbnb ROI: N/A Traditional ROI: 3.68%
401 Pheasant Run Elyria, OH Looking for New Construction Without the Wait? Welcome home to Harvest Meadows in Elyria! ...	5 beds \| 3 baths \| 2,486 sq.ft.	$369,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.48% Airbnb Rental Income: $null Traditional Rental Income: $2925 Airbnb ROI: N/A Traditional ROI: 5.48%
119 Taft Avenue Elyria, OH Earn $1,350/mo in rent when you get a tenant in this property. Owner's son is currently li...	3 beds \| 1 baths \| N/A	$109,499	Airbnb cash on cash: 4.18% Traditional cash on cash: 9.04% Airbnb Rental Income: $1136 Traditional Rental Income: $1273 Airbnb ROI: 4.18% Traditional ROI: 9.04%
835 Meadow Lake Drive Elyria, OH Stunning New-Build on Serene Pond - 4 Bed, 4 Bath + Finished Basement! Welcome to your for...	4 beds \| 4 baths \| 2,099 sq.ft.	$374,990	Airbnb cash on cash: -2.64% Traditional cash on cash: 5.54% Airbnb Rental Income: $332 Traditional Rental Income: $2963 Airbnb ROI: -2.64% Traditional ROI: 5.54%
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: 2.47% Traditional cash on cash: 7.51% Airbnb Rental Income: $1136 Traditional Rental Income: $1476 Airbnb ROI: 2.47% Traditional ROI: 7.51%
6108 Gateway Boulevard S Elyria, OH Investor special! 2-bed single in Elyria, just needs a little work to get it up and runnin...	2 beds \| 1 baths \| 732 sq.ft.	$74,000	Airbnb cash on cash: 1.56% Traditional cash on cash: 11.04% Airbnb Rental Income: $712 Traditional Rental Income: $1098 Airbnb ROI: 1.56% Traditional ROI: 11.04%
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.	$245,000	Airbnb cash on cash: -1.92% Traditional cash on cash: 5.55% Airbnb Rental Income: $712 Traditional Rental Income: $2132 Airbnb ROI: -1.92% Traditional ROI: 5.55%
118 Brandemere Court Elyria, OH One of a kind custom built home nestled on an exclusive no outlet development consisting o...	5 beds \| 5 baths \| 4,414 sq.ft.	$569,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.65% Airbnb Rental Income: $null Traditional Rental Income: $4918 Airbnb ROI: N/A Traditional ROI: 6.65%
943 Hollis Drive Elyria, OH Welcome back to the market with a major upgrade! This adorable 3-bedroom ranch on a slab o...	3 beds \| 2 baths \| 1,044 sq.ft.	$153,900	Airbnb cash on cash: 1.42% Traditional cash on cash: 6.6% Airbnb Rental Income: $1136 Traditional Rental Income: $1519 Airbnb ROI: 1.42% Traditional ROI: 6.6%

Real Estate investment in Elyria, OH

There are 80 properties for sale in the city of Elyria . The median list price in Elyria is $195,000 and the average price per square foot is $115. In September 2025, the average monthly cash on cash return in Elyria is 6.00%. The average monthly rental income in Elyria is $1,708.

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

There are 80 investment properties available for sale in Elyria.

In 2025, the best neighborhood to buy investment property is Elyria.

The ROI for Long-Term is higher than the Short-Term in Elyria with average rental income of $1,708.

Your search for investment property begins and ends here

Investment Property for Sale in Elyria, OH

123 Newport Court

Elyria, OH

2 beds | 2 baths | 1,484 sq.ft.

$239,900

Airbnb cash on cash: -0.66%

Traditional cash on cash: 0.89%

Airbnb Rental Income: $712

Traditional Rental Income: $755

Airbnb ROI: -0.66%

Traditional ROI: 0.89%

42954 Crestlane Drive

Elyria, OH

3 beds | 2 baths | 1,604 sq.ft.

$219,900

Airbnb cash on cash: 0.76%

Traditional cash on cash: 6.04%

Airbnb Rental Income: $1136

Traditional Rental Income: $1858

Airbnb ROI: 0.76%

Traditional ROI: 6.04%

964 N Pasadena Avenue

Elyria, OH

3 beds | 1 baths | 960 sq.ft.

$169,900

Airbnb cash on cash: 1.96%

Traditional cash on cash: 5.14%

Airbnb Rental Income: $1136

Traditional Rental Income: $1273

Airbnb ROI: 1.96%

Traditional ROI: 5.14%

5960 Ford Road

Elyria, OH

5 beds | 3 baths | 3,422 sq.ft.

$488,800

Airbnb cash on cash: N/A

Traditional cash on cash: 4.63%

Airbnb Rental Income: $null

Traditional Rental Income: $3218

Airbnb ROI: N/A

Traditional ROI: 4.63%

1038 Oakwood Drive

Elyria, OH

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

$214,900

Airbnb cash on cash: 1.19%

Traditional cash on cash: 4.84%

Airbnb Rental Income: $1136

Traditional Rental Income: $1502

Airbnb ROI: 1.19%

Traditional ROI: 4.84%

208 Miller Court

Elyria, OH

4 beds | 1 baths | 1,505 sq.ft.

$195,000

Airbnb cash on cash: -2.15%

Traditional cash on cash: 5.97%

Airbnb Rental Income: $332

Traditional Rental Income: $1591

Airbnb ROI: -2.15%

Traditional ROI: 5.97%

503 Whitman Boulevard

Elyria, OH

4 beds | 3 baths | 2,353 sq.ft.

$285,000

Airbnb cash on cash: -2.62%

Traditional cash on cash: 2.93%

Airbnb Rental Income: $332

Traditional Rental Income: $1579

Airbnb ROI: -2.62%

Traditional ROI: 2.93%

7045 Freeland Drive

Elyria, OH

3 beds | 2 baths | 1,851 sq.ft.

$210,000

Airbnb cash on cash: 1.09%

Traditional cash on cash: 7.55%

Airbnb Rental Income: $1136

Traditional Rental Income: $2044

Airbnb ROI: 1.09%