Real Estate Investment Properties for Sale in Vermilion, OH

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
3753 Edgewater Drive Vermilion, OH Welcome to this beautifully maintained 3-bedroom, 2-bath home offering stunning views of L...	3 beds \| 2 baths \| 1,900 sq.ft.	$324,900	Airbnb cash on cash: 1.19% Traditional cash on cash: 5.37% Airbnb Rental Income: $1538 Traditional Rental Income: $2371 Airbnb ROI: 1.19% Traditional ROI: 5.37%
1123 Adams Street Vermilion, OH Welcome to 1123 Adams Street in beautiful Vermilion! Close proximity to the water, enjoy a...	4 beds \| 3 baths \| 2,477 sq.ft.	$339,000	Airbnb cash on cash: 1.99% Traditional cash on cash: 5.95% Airbnb Rental Income: $1874 Traditional Rental Income: $2635 Airbnb ROI: 1.99% Traditional ROI: 5.95%
667 Highbridge Road Vermilion, OH This lovingly cared for home is move in ready and full of warmth, character and modern upd...	3 beds \| 2 baths \| 1,480 sq.ft.	$219,900	Airbnb cash on cash: 1.3% Traditional cash on cash: 4.53% Airbnb Rental Income: $1538 Traditional Rental Income: $1764 Airbnb ROI: 1.3% Traditional ROI: 4.53%
4762 Hollyview Drive Vermilion, OH Beautifully Updated Home in Vermilion! Located just minutes from Vermilion Schools, this m...	4 beds \| 2 baths \| 2,000 sq.ft.	$219,500	Airbnb cash on cash: 4.43% Traditional cash on cash: 6.08% Airbnb Rental Income: $1874 Traditional Rental Income: $1716 Airbnb ROI: 4.43% Traditional ROI: 6.08%
3154 Roanoke Drive Vermilion, OH Easy living at 3154 Roanoke Dr. Vermilion, Ohio. Check out this beautiful ranch on a quiet...	3 beds \| 1 baths \| 1,456 sq.ft.	$209,900	Airbnb cash on cash: 2.87% Traditional cash on cash: 4.09% Airbnb Rental Income: $1538 Traditional Rental Income: $1334 Airbnb ROI: 2.87% Traditional ROI: 4.09%
9113 Dean Road Vermilion, OH Discover a seamless mix of modern updates and rural tranquility in this renovated 4-bed, 2...	4 beds \| 3 baths \| 2,244 sq.ft.	$374,900	Airbnb cash on cash: 1.45% Traditional cash on cash: 3.99% Airbnb Rental Income: $1874 Traditional Rental Income: $2264 Airbnb ROI: 1.45% Traditional ROI: 3.99%
5539 South Street Vermilion, OH Spacious 5-Bedroom Home in Vermilion's Historic Harbour Town District. Welcome to your nex...	5 beds \| 3 baths \| 3,935 sq.ft.	$479,900	Airbnb cash on cash: 2.99% Traditional cash on cash: 2.54% Airbnb Rental Income: $2833 Traditional Rental Income: $1970 Airbnb ROI: 2.99% Traditional ROI: 2.54%
5939 Cape Hatteras Drive Vermilion, OH Move-In Ready-Just in Time for Summer on Lake Erie! Welcome Home to this stunning 4-bedroo...	4 beds \| 3 baths \| 2,101 sq.ft.	$399,990	Airbnb cash on cash: 0.81% Traditional cash on cash: 4.4% Airbnb Rental Income: $1874 Traditional Rental Income: $2720 Airbnb ROI: 0.81% Traditional ROI: 4.4%
4145 Menlo Park Lane Vermilion, OH Nestled in the charming neighborhood of Edison Estates, this beautifully maintained 4-bedr...	4 beds \| 3 baths \| 4,258 sq.ft.	$390,000	Airbnb cash on cash: 1.08% Traditional cash on cash: 5.01% Airbnb Rental Income: $1874 Traditional Rental Income: $2811 Airbnb ROI: 1.08% Traditional ROI: 5.01%
5164 Langfitt Street Vermilion, OH Welcome to this completely renovated ranch in Vermilion, OH! The property is 1756 square f...	3 beds \| 2 baths \| 1,756 sq.ft.	$250,000	Airbnb cash on cash: 2.52% Traditional cash on cash: 6.22% Airbnb Rental Income: $1538 Traditional Rental Income: $1965 Airbnb ROI: 2.52% Traditional ROI: 6.22%
207 Schooner Court Vermilion, OH Welcome to lakeside living at its finest! This stunning 1-level condo with a finished 1,00...	3 beds \| 3 baths \| 2,606 sq.ft.	$499,000	Airbnb cash on cash: -0.89% Traditional cash on cash: 3.82% Airbnb Rental Income: $1538 Traditional Rental Income: $3293 Airbnb ROI: -0.89% Traditional ROI: 3.82%
5993 Montauk Point Vermilion, OH Stunning 4 bed, 2.5 bath home in Lighthouse Estates! Built in 2021 and loaded with updates...	4 beds \| 3 baths \| 2,382 sq.ft.	$349,900	Airbnb cash on cash: 1.69% Traditional cash on cash: 5.91% Airbnb Rental Income: $1874 Traditional Rental Income: $2759 Airbnb ROI: 1.69% Traditional ROI: 5.91%
796 Howard Drive Vermilion, OH Welcome to this cozy, move-in ready ranch located in the sought-after Lake Erie resort tow...	3 beds \| 2 baths \| 1,106 sq.ft.	$204,900	Airbnb cash on cash: 3.52% Traditional cash on cash: 6.89% Airbnb Rental Income: $1538 Traditional Rental Income: $1748 Airbnb ROI: 3.52% Traditional ROI: 6.89%
2775 Shady Lake Drive Vermilion, OH Super Location Vermilion Shady Lake Area - 3 bed 2.5 bath, possible 4 bed. Custom cabinets...	3 beds \| 3 baths \| 2,254 sq.ft.	$369,000	Airbnb cash on cash: 1.07% Traditional cash on cash: 5.38% Airbnb Rental Income: $1538 Traditional Rental Income: $2585 Airbnb ROI: 1.07% Traditional ROI: 5.38%
586 Washington Street Vermilion, OH Rare opportunity in Harbour Town's Historic District! This 4-bedroom, 3-bath brick Colonia...	4 beds \| 3 baths \| 3,102 sq.ft.	$489,900	Airbnb cash on cash: 0.94% Traditional cash on cash: 3% Airbnb Rental Income: $1874 Traditional Rental Income: $2316 Airbnb ROI: 0.94% Traditional ROI: 3%
2920 Whispering Shores Drive Vermilion, OH Stunning lakefront condo in the desirable Vermilion Shores community! This spacious END un...	4 beds \| 3 baths \| 2,790 sq.ft.	$675,000	Airbnb cash on cash: -0.37% Traditional cash on cash: 3% Airbnb Rental Income: $1874 Traditional Rental Income: $3498 Airbnb ROI: -0.37% Traditional ROI: 3%
341 Morton Road Vermilion, OH Awesome ranch in Elberta Beach, within walking distance to Lake Erie! Perfect vacation or ...	2 beds \| 1 baths \| 720 sq.ft.	$134,900	Airbnb cash on cash: 3.37% Traditional cash on cash: 5.03% Airbnb Rental Income: $1219 Traditional Rental Income: $1041 Airbnb ROI: 3.37% Traditional ROI: 5.03%
4275 Tomahawk Lane Vermilion, OH Rustic Elegance Meets Modern Comfort in This Handcrafted Will Trout Design. Discover timel...	4 beds \| 3 baths \| 2,775 sq.ft.	$558,000	Airbnb cash on cash: 0.29% Traditional cash on cash: 4.38% Airbnb Rental Income: $1874 Traditional Rental Income: $3505 Airbnb ROI: 0.29% Traditional ROI: 4.38%
1419 Sanford Street Vermilion, OH Welcome to this beautiful 4-bedroom, two and a half bath, Colonial-style home in the heart...	4 beds \| 3 baths \| 1,591 sq.ft.	$275,000	Airbnb cash on cash: 2.87% Traditional cash on cash: 6.07% Airbnb Rental Income: $1874 Traditional Rental Income: $2203 Airbnb ROI: 2.87% Traditional ROI: 6.07%
5945 Cape Hatteras Drive Vermilion, OH Brand-new construction without the wait! This beautiful ranch is ready now and can close i...	3 beds \| 2 baths \| 1,764 sq.ft.	$399,990	Airbnb cash on cash: 0.12% Traditional cash on cash: 2.9% Airbnb Rental Income: $1538 Traditional Rental Income: $2135 Airbnb ROI: 0.12% Traditional ROI: 2.9%
5572 South Street Vermilion, OH Welcome to 5572 South Street, a home that truly feels like it stepped out of the pages of ...	3 beds \| 2 baths \| 1,618 sq.ft.	$369,900	Airbnb cash on cash: 0.77% Traditional cash on cash: 2.95% Airbnb Rental Income: $1538 Traditional Rental Income: $1849 Airbnb ROI: 0.77% Traditional ROI: 2.95%
12214 Thompson Road Vermilion, OH Nestled in the heart of charming Vermilion, Ohio, this 3-bedroom, 2-bathroom ranch-style h...	3 beds \| 2 baths \| 1,402 sq.ft.	$245,000	Airbnb cash on cash: 2.42% Traditional cash on cash: 5.38% Airbnb Rental Income: $1538 Traditional Rental Income: $1779 Airbnb ROI: 2.42% Traditional ROI: 5.38%
6041 Conneaut Light Drive Vermilion, OH Brand-New Construction - Move In This November! This stunning 5-bedroom, 4 full bath home ...	5 beds \| 4 baths \| 3,232 sq.ft.	$464,990	Airbnb cash on cash: 2.23% Traditional cash on cash: 5.72% Airbnb Rental Income: $2833 Traditional Rental Income: $3688 Airbnb ROI: 2.23% Traditional ROI: 5.72%
3954 Hilltop Drive Vermilion, OH This lovingly maintained, one-owner ranch condo offers a perfect blend of comfort, conveni...	2 beds \| 2 baths \| 1,550 sq.ft.	$259,900	Airbnb cash on cash: 0.81% Traditional cash on cash: 5.34% Airbnb Rental Income: $1219 Traditional Rental Income: $1939 Airbnb ROI: 0.81% Traditional ROI: 5.34%
1095 Arrowhead Drive Vermilion, OH Exceptional Real Estate Opportunity in Vermilion Nestled within the prestigious Indian Rid...	5 beds \| 5 baths \| 3,578 sq.ft.	$539,000	Airbnb cash on cash: 1.85% Traditional cash on cash: 7.19% Airbnb Rental Income: $2833 Traditional Rental Income: $4861 Airbnb ROI: 1.85% Traditional ROI: 7.19%
623 Main Street Vermilion, OH LOCATION, LOCATION, LOCATION!!! Fisherman's Bend is arguably the best condo location in Ve...	3 beds \| 3 baths \| N/A	$715,900	Airbnb cash on cash: -0.58% Traditional cash on cash: 1.9% Airbnb Rental Income: $1538 Traditional Rental Income: $2752 Airbnb ROI: -0.58% Traditional ROI: 1.9%
281 Overlook Road Vermilion, OH Welcome to this charming 2-bedroom ranch! The interior of this home was updated a few year...	2 beds \| 1 baths \| 978 sq.ft.	$160,000	Airbnb cash on cash: 2.52% Traditional cash on cash: 4.33% Airbnb Rental Income: $1219 Traditional Rental Income: $1104 Airbnb ROI: 2.52% Traditional ROI: 4.33%
13612 Thompson Road Vermilion, OH Don't Miss out on this amazing opportunity to own a 3 bedroom/3.5 bath Ranch home on 3.31 ...	3 beds \| 4 baths \| 2,030 sq.ft.	$487,000	Airbnb cash on cash: 0.52% Traditional cash on cash: 3.62% Airbnb Rental Income: $1538 Traditional Rental Income: $2503 Airbnb ROI: 0.52% Traditional ROI: 3.62%
3290 Edgewater Boulevard Vermilion, OH Experience the serenity of lakefront living with this exceptional colonial home in Vermili...	5 beds \| 4 baths \| 2,564 sq.ft.	$724,900	Airbnb cash on cash: 1% Traditional cash on cash: 3.28% Airbnb Rental Income: $2833 Traditional Rental Income: $3711 Airbnb ROI: 1% Traditional ROI: 3.28%
4618 Compass Rose unit: 20 #20 Vermilion, OH LUXURY LIVING IN VERMILION! This stunning, fully remodeled one-floor luxury condo in the s...	3 beds \| 2 baths \| 2,047 sq.ft.	$459,900	Airbnb cash on cash: 0.3% Traditional cash on cash: 4.56% Airbnb Rental Income: $1538 Traditional Rental Income: $2927 Airbnb ROI: 0.3% Traditional ROI: 4.56%
230 Fairfax Road Vermilion, OH Welcome Home to 230 Fairfax Rd in Beautiful Vermilion! This charming single-story home of...	3 beds \| 1 baths \| 1,056 sq.ft.	$184,900	Airbnb cash on cash: 3.3% Traditional cash on cash: 4.55% Airbnb Rental Income: $1538 Traditional Rental Income: $1313 Airbnb ROI: 3.3% Traditional ROI: 4.55%
1095 Arrowhead Vermilion, OH Exceptional Real Estate Opportunity in Vermilion Nestled within the prestigious Indian Rid...	5 beds \| 5 baths \| 2,578 sq.ft.	$539,000	Airbnb cash on cash: 1.85% Traditional cash on cash: 5.19% Airbnb Rental Income: $2833 Traditional Rental Income: $3852 Airbnb ROI: 1.85% Traditional ROI: 5.19%
3644 Elizabeth Drive Vermilion, OH Brand-New Ranch in Sought-After Vermilion! Last available lot in this beautiful, private c...	4 beds \| 3 baths \| 2,400 sq.ft.	$549,900	Airbnb cash on cash: 1.32% Traditional cash on cash: 3.88% Airbnb Rental Income: $1874 Traditional Rental Income: $2688 Airbnb ROI: 1.32% Traditional ROI: 3.88%

Real Estate investment in Vermilion, OH

There are 33 properties for sale in the city of Vermilion . The median list price in Vermilion is $372,400 and the average price per square foot is $174. In October 2025, the average monthly cash on cash return in Vermilion is 5.00%. The average monthly rental income in Vermilion is $2,264.

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

There are 33 investment properties available for sale in Vermilion.

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

The ROI for Long-Term is higher than the Short-Term in Vermilion with average rental income of $2,264.

Your search for investment property begins and ends here

Investment Property for Sale in Vermilion, OH

3753 Edgewater Drive

Vermilion, OH

3 beds | 2 baths | 1,900 sq.ft.

$324,900

Airbnb cash on cash: 1.19%

Traditional cash on cash: 5.37%

Airbnb Rental Income: $1538

Traditional Rental Income: $2371

Airbnb ROI: 1.19%

Traditional ROI: 5.37%

1123 Adams Street

Vermilion, OH

4 beds | 3 baths | 2,477 sq.ft.

$339,000

Airbnb cash on cash: 1.99%

Traditional cash on cash: 5.95%

Airbnb Rental Income: $1874

Traditional Rental Income: $2635

Airbnb ROI: 1.99%

Traditional ROI: 5.95%

667 Highbridge Road

Vermilion, OH

3 beds | 2 baths | 1,480 sq.ft.

$219,900

Airbnb cash on cash: 1.3%

Traditional cash on cash: 4.53%

Airbnb Rental Income: $1538

Traditional Rental Income: $1764

Airbnb ROI: 1.3%

Traditional ROI: 4.53%

4762 Hollyview Drive

Vermilion, OH

4 beds | 2 baths | 2,000 sq.ft.

$219,500

Airbnb cash on cash: 4.43%

Traditional cash on cash: 6.08%

Airbnb Rental Income: $1874

Traditional Rental Income: $1716

Airbnb ROI: 4.43%

Traditional ROI: 6.08%

3154 Roanoke Drive

Vermilion, OH

3 beds | 1 baths | 1,456 sq.ft.

$209,900

Airbnb cash on cash: 2.87%

Traditional cash on cash: 4.09%

Airbnb Rental Income: $1538

Traditional Rental Income: $1334

Airbnb ROI: 2.87%

Traditional ROI: 4.09%

9113 Dean Road

Vermilion, OH

4 beds | 3 baths | 2,244 sq.ft.

$374,900

Airbnb cash on cash: 1.45%

Traditional cash on cash: 3.99%

Airbnb Rental Income: $1874

Traditional Rental Income: $2264

Airbnb ROI: 1.45%

Traditional ROI: 3.99%

5539 South Street

Vermilion, OH

5 beds | 3 baths | 3,935 sq.ft.

$479,900

Airbnb cash on cash: 2.99%

Traditional cash on cash: 2.54%

Airbnb Rental Income: $2833

Traditional Rental Income: $1970

Airbnb ROI: 2.99%

Traditional ROI: 2.54%

5939 Cape Hatteras Drive

Vermilion, OH

4 beds | 3 baths | 2,101 sq.ft.

$399,990

Airbnb cash on cash: 0.81%

Traditional cash on cash: 4.4%

Airbnb Rental Income: $1874

Traditional Rental Income: $2720

Airbnb ROI: 0.81%