Real Estate Investment Properties for Sale in Sheffield Lake, OH

Looking for investment property in Sheffield Lake, OH with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
757 Dunny Avenue Sheffield Lake, OH This beautifully renovated two-bedroom ranch cottage offers modern updates with classic ch...	2 beds \| 1 baths \| N/A	$189,900	Airbnb cash on cash: -0.1% Traditional cash on cash: 4.62% Airbnb Rental Income: $749 Traditional Rental Income: $1287 Airbnb ROI: -0.1% Traditional ROI: 4.62%
4502 Edgewater Drive Sheffield Lake, OH Discover a unique opportunity to live on the gorgeous North Coast in charming Sheffield La...	3 beds \| 3 baths \| 2,202 sq.ft.	$724,900	Airbnb cash on cash: -1.37% Traditional cash on cash: 1.56% Airbnb Rental Income: $774 Traditional Rental Income: $2433 Airbnb ROI: -1.37% Traditional ROI: 1.56%
737 Dunny Avenue Sheffield Lake, OH LOCATION!!! This fantastic Split Level in Sheffield Lake is seconds from Lake Erie Lakefro...	4 beds \| 2 baths \| 2,654 sq.ft.	$230,000	Airbnb cash on cash: 2.12% Traditional cash on cash: 7.97% Airbnb Rental Income: $1549 Traditional Rental Income: $2375 Airbnb ROI: 2.12% Traditional ROI: 7.97%
662 Kenilworth Avenue Sheffield Lake, OH Stunning 4-Bedroom, 3-Bath Home with Lake Erie Beach Access! This beautifully updated home...	4 beds \| 3 baths \| N/A	$340,000	Airbnb cash on cash: 0.76% Traditional cash on cash: 5.5% Airbnb Rental Income: $1549 Traditional Rental Income: $2615 Airbnb ROI: 0.76% Traditional ROI: 5.5%
280 Buckeye Drive #7 Sheffield Lake, OH Set directly on the shores of Lake Erie, this extraordinary custom-built residence redefin...	3 beds \| 3 baths \| 3,922 sq.ft.	$1,195,000	Airbnb cash on cash: -1.83% Traditional cash on cash: 0.65% Airbnb Rental Income: $774 Traditional Rental Income: $3207 Airbnb ROI: -1.83% Traditional ROI: 0.65%
547 Cove Beach Avenue Sheffield Lake, OH Welcome home to this charming 3-bedroom, 2.5-bath Cape Cod in Sheffield Lake offering the ...	3 beds \| 3 baths \| 2,410 sq.ft.	$259,000	Airbnb cash on cash: -1.07% Traditional cash on cash: 8.34% Airbnb Rental Income: $774 Traditional Rental Income: $2755 Airbnb ROI: -1.07% Traditional ROI: 8.34%
618 W Shore Boulevard Sheffield Lake, OH No wholesalers. No Seller financing. No low ball offers. Great cash-flowing opportunity fo...	3 beds \| 1 baths \| 740 sq.ft.	$79,000	Airbnb cash on cash: 2.01% Traditional cash on cash: 10.87% Airbnb Rental Income: $774 Traditional Rental Income: $1145 Airbnb ROI: 2.01% Traditional ROI: 10.87%
931 East Drive Sheffield Lake, OH Welcome to this beautifully updated home in the heart of Sheffield Lake, just a short walk...	5 beds \| 1 baths \| 1,406 sq.ft.	$212,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.69% Airbnb Rental Income: $null Traditional Rental Income: $1600 Airbnb ROI: N/A Traditional ROI: 5.69%
790 Kenilworth Avenue Sheffield Lake, OH Welcome to 790 Kenilworth Ave, a fully reimagined luxury residence where refined design an...	4 beds \| 2 baths \| 1,830 sq.ft.	$254,900	Airbnb cash on cash: 1.27% Traditional cash on cash: 5.57% Airbnb Rental Income: $1549 Traditional Rental Income: $2136 Airbnb ROI: 1.27% Traditional ROI: 5.57%
565 Irving Park Boulevard Sheffield Lake, OH Newly updated ranch with improvements throughout, new metal roof (2025) and all new replac...	4 beds \| 2 baths \| 1,760 sq.ft.	$239,000	Airbnb cash on cash: 2.38% Traditional cash on cash: 6.76% Airbnb Rental Income: $1549 Traditional Rental Income: $2091 Airbnb ROI: 2.38% Traditional ROI: 6.76%
4247 E Lake Road Sheffield Lake, OH Step into timeless charm with this beautifully updated 5 bedroom century farmhouse perched...	5 beds \| 3 baths \| 3,272 sq.ft.	$870,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.29% Airbnb Rental Income: $null Traditional Rental Income: $3118 Airbnb ROI: N/A Traditional ROI: 1.29%
4556 Hawthorne Avenue Sheffield Lake, OH Welcome to this inviting and thoughtfully updated home featuring a bright, open-concept la...	2 beds \| 1 baths \| 792 sq.ft.	$105,000	Airbnb cash on cash: 0.76% Traditional cash on cash: 5.9% Airbnb Rental Income: $749 Traditional Rental Income: $959 Airbnb ROI: 0.76% Traditional ROI: 5.9%

Real Estate investment in Sheffield-lake, OH

There are 14 properties for sale in the city of Sheffield Lake . The median list price in Sheffield Lake is $252,400 and the average price per square foot is $116. In April 2026, the average monthly cash on cash return in Sheffield Lake is 6.00%. The average monthly rental income in Sheffield Lake is $2,242.

Sheffield-lake, OH Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 14 investment properties available for sale in Sheffield-lake.

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

The ROI for Long-Term is higher than the Short-Term in Sheffield-lake with average rental income of $2,242.

Your search for investment property begins and ends here

Investment Property for Sale in Sheffield Lake, OH

757 Dunny Avenue

Sheffield Lake, OH

2 beds | 1 baths | N/A

$189,900

Airbnb cash on cash: -0.1%

Traditional cash on cash: 4.62%

Airbnb Rental Income: $749

Traditional Rental Income: $1287

Airbnb ROI: -0.1%

Traditional ROI: 4.62%

4502 Edgewater Drive

Sheffield Lake, OH

3 beds | 3 baths | 2,202 sq.ft.

$724,900

Airbnb cash on cash: -1.37%

Traditional cash on cash: 1.56%

Airbnb Rental Income: $774

Traditional Rental Income: $2433

Airbnb ROI: -1.37%

Traditional ROI: 1.56%

737 Dunny Avenue

Sheffield Lake, OH

4 beds | 2 baths | 2,654 sq.ft.

$230,000

Airbnb cash on cash: 2.12%

Traditional cash on cash: 7.97%

Airbnb Rental Income: $1549

Traditional Rental Income: $2375

Airbnb ROI: 2.12%

Traditional ROI: 7.97%

662 Kenilworth Avenue

Sheffield Lake, OH

4 beds | 3 baths | N/A

$340,000

Airbnb cash on cash: 0.76%

Traditional cash on cash: 5.5%

Airbnb Rental Income: $1549

Traditional Rental Income: $2615

Airbnb ROI: 0.76%

Traditional ROI: 5.5%

280 Buckeye Drive #7

Sheffield Lake, OH

3 beds | 3 baths | 3,922 sq.ft.

$1,195,000

Airbnb cash on cash: -1.83%

Traditional cash on cash: 0.65%

Airbnb Rental Income: $774

Traditional Rental Income: $3207

Airbnb ROI: -1.83%

Traditional ROI: 0.65%

547 Cove Beach Avenue

Sheffield Lake, OH

3 beds | 3 baths | 2,410 sq.ft.

$259,000

Airbnb cash on cash: -1.07%

Traditional cash on cash: 8.34%

Airbnb Rental Income: $774

Traditional Rental Income: $2755

Airbnb ROI: -1.07%

Traditional ROI: 8.34%

618 W Shore Boulevard

Sheffield Lake, OH

3 beds | 1 baths | 740 sq.ft.

$79,000

Airbnb cash on cash: 2.01%

Traditional cash on cash: 10.87%

Airbnb Rental Income: $774

Traditional Rental Income: $1145

Airbnb ROI: 2.01%

Traditional ROI: 10.87%

931 East Drive

Sheffield Lake, OH

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

$212,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.69%

Airbnb Rental Income: $null

Traditional Rental Income: $1600

Airbnb ROI: N/A