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
6880 Cliffside Drive Vermilion, OH Beautifully upgraded and move-in ready, this spacious home features a grand two-story foye...	4 beds \| 4 baths \| 5,796 sq.ft.	$599,900	Airbnb cash on cash: -1.66% Traditional cash on cash: 3.91% Airbnb Rental Income: $813 Traditional Rental Income: $3607 Airbnb ROI: -1.66% Traditional ROI: 3.91%
1128 Oakwood Drive Vermilion, OH This spacious bi-level home offers 4 bedrooms, 2 full bathrooms, and a massive 2-car detac...	4 beds \| 2 baths \| 1,783 sq.ft.	$269,000	Airbnb cash on cash: -0.55% Traditional cash on cash: 4.32% Airbnb Rental Income: $813 Traditional Rental Income: $1724 Airbnb ROI: -0.55% Traditional ROI: 4.32%
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.	$294,000	Airbnb cash on cash: -0.75% Traditional cash on cash: 7% Airbnb Rental Income: $813 Traditional Rental Income: $2635 Airbnb ROI: -0.75% Traditional ROI: 7%
118 Sassafras Drive Vermilion, OH Welcome to this beautifully updated 3 bedroom, 2 bath ranch in Vermilion Township-perfect ...	3 beds \| 2 baths \| 1,549 sq.ft.	$399,000	Airbnb cash on cash: -0.57% Traditional cash on cash: 2.62% Airbnb Rental Income: $982 Traditional Rental Income: $1823 Airbnb ROI: -0.57% Traditional ROI: 2.62%
3708 Edgewater Drive Vermilion, OH Check Out This Stunning Bungalow With AMAZING Lake Views! As You Step Inside You Will Noti...	4 beds \| 2 baths \| 1,956 sq.ft.	$535,000	Airbnb cash on cash: -1.38% Traditional cash on cash: 2.68% Airbnb Rental Income: $813 Traditional Rental Income: $2523 Airbnb ROI: -1.38% Traditional ROI: 2.68%
4561 Newbury Drive Vermilion, OH Welcome to this immaculate, move-in-ready 3-bedroom, 2-bath home located in the desirable ...	3 beds \| 2 baths \| 1,400 sq.ft.	$343,700	Airbnb cash on cash: -0.63% Traditional cash on cash: 1.41% Airbnb Rental Income: $982 Traditional Rental Income: $1290 Airbnb ROI: -0.63% Traditional ROI: 1.41%
13011 W Lake Road Vermilion, OH Welcome to the beautifully renovated Lake Erie Condominium in desirable Cask Villa. The en...	2 beds \| 2 baths \| 1,011 sq.ft.	$449,000	Airbnb cash on cash: -1.36% Traditional cash on cash: 3.4% Airbnb Rental Income: $886 Traditional Rental Income: $2551 Airbnb ROI: -1.36% Traditional ROI: 3.4%
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.	$334,000	Airbnb cash on cash: -0.97% Traditional cash on cash: 6.27% Airbnb Rental Income: $813 Traditional Rental Income: $2759 Airbnb ROI: -0.97% Traditional ROI: 6.27%
101 Whispering Shores Vermilion, OH Nestled along the tranquil shores of Lake Erie, this new build, high end condo offers a lu...	2 beds \| 2 baths \| 1,665 sq.ft.	$499,000	Airbnb cash on cash: -0.26% Traditional cash on cash: 4.56% Airbnb Rental Income: $886 Traditional Rental Income: $2801 Airbnb ROI: -0.26% Traditional ROI: 4.56%
102 Whispering Shores Vermilion, OH Nestled along the tranquil shores of Lake Erie, this new build, high end condo offers a lu...	2 beds \| 2 baths \| 1,350 sq.ft.	$479,000	Airbnb cash on cash: -0.23% Traditional cash on cash: 4.15% Airbnb Rental Income: $886 Traditional Rental Income: $2514 Airbnb ROI: -0.23% Traditional ROI: 4.15%
103 Whispering Shores Vermilion, OH Nestled along the tranquil shores of Lake Erie, this new build, high end condo offers a lu...	2 beds \| 2 baths \| 1,665 sq.ft.	$499,000	Airbnb cash on cash: -0.26% Traditional cash on cash: 4.56% Airbnb Rental Income: $886 Traditional Rental Income: $2801 Airbnb ROI: -0.26% Traditional ROI: 4.56%
201 Whispering Shores Vermilion, OH Nestled along the tranquil shores of Lake Erie, this new build, high end condo offers a lu...	2 beds \| 2 baths \| 1,665 sq.ft.	$499,000	Airbnb cash on cash: -0.26% Traditional cash on cash: 4.56% Airbnb Rental Income: $886 Traditional Rental Income: $2801 Airbnb ROI: -0.26% Traditional ROI: 4.56%
202 Whispering Shores Vermilion, OH Nestled along the tranquil shores of Lake Erie, this new build, high end condo offers a lu...	2 beds \| 2 baths \| 1,350 sq.ft.	$479,000	Airbnb cash on cash: -0.23% Traditional cash on cash: 4.15% Airbnb Rental Income: $886 Traditional Rental Income: $2514 Airbnb ROI: -0.23% Traditional ROI: 4.15%
1203 Whispering Shores Vermilion, OH Nestled along the tranquil shores of Lake Erie, this new build, high end condo offers a lu...	4 beds \| 3 baths \| 2,700 sq.ft.	$789,000	Airbnb cash on cash: -0.48% Traditional cash on cash: 3.73% Airbnb Rental Income: $813 Traditional Rental Income: $3578 Airbnb ROI: -0.48% Traditional ROI: 3.73%
1204 Whispering Shores Vermilion, OH Nestled along the tranquil shores of Lake Erie, this new build, high end condo offers a lu...	4 beds \| 3 baths \| 3,310 sq.ft.	$989,000	Airbnb cash on cash: -0.58% Traditional cash on cash: 2.47% Airbnb Rental Income: $813 Traditional Rental Income: $3300 Airbnb ROI: -0.58% Traditional ROI: 2.47%
915 Nautical Drive Vermilion, OH Imagine living the dream every day with your boat and water toys in your back yard while b...	3 beds \| 3 baths \| 2,311 sq.ft.	$525,000	Airbnb cash on cash: -1.07% Traditional cash on cash: 3.64% Airbnb Rental Income: $982 Traditional Rental Income: $2940 Airbnb ROI: -1.07% Traditional ROI: 3.64%
656 Hazelwood Drive Vermilion, OH Completely redone small house on a quiet street. Completely redone with new windows, new f...	2 beds \| 1 baths \| N/A	$189,900	Airbnb cash on cash: 0.71% Traditional cash on cash: 3.9% Airbnb Rental Income: $886 Traditional Rental Income: $1125 Airbnb ROI: 0.71% Traditional ROI: 3.9%
14015 W Lake Road Vermilion, OH Experience refined lake-area living in this expansive 2,600+ square foot residence ideally...	3 beds \| 2 baths \| 2,696 sq.ft.	$415,000	Airbnb cash on cash: 0.03% Traditional cash on cash: 3.96% Airbnb Rental Income: $982 Traditional Rental Income: $2159 Airbnb ROI: 0.03% Traditional ROI: 3.96%
4607 Compass Rose #13 Vermilion, OH Welcome to this beautifully updated condominium in the sought-after Compass Rose community...	3 beds \| 4 baths \| 2,814 sq.ft.	$584,900	Airbnb cash on cash: -0.91% Traditional cash on cash: 5.64% Airbnb Rental Income: $982 Traditional Rental Income: $4209 Airbnb ROI: -0.91% Traditional ROI: 5.64%
14307 Darrow Road Vermilion, OH Tucked away in the countryside of Vermilion, this ranch home offers the perfect balance of...	4 beds \| 1 baths \| 1,613 sq.ft.	$485,000	Airbnb cash on cash: -0.36% Traditional cash on cash: 1.64% Airbnb Rental Income: $813 Traditional Rental Income: $1397 Airbnb ROI: -0.36% Traditional ROI: 1.64%
686 Perry Street Vermilion, OH Live in the heart of Vermilion's Harbor Town District in a home unlike anything else on th...	3 beds \| 2 baths \| 1,724 sq.ft.	$369,900	Airbnb cash on cash: 0.03% Traditional cash on cash: 3.92% Airbnb Rental Income: $982 Traditional Rental Income: $1981 Airbnb ROI: 0.03% Traditional ROI: 3.92%
5979 Montauk Point Vermilion, OH Final opportunity in Lighthouse Estates! Move in this July and enjoy summer in a charming ...	5 beds \| 3 baths \| 2,495 sq.ft.	$455,863	Airbnb cash on cash: 1.31% Traditional cash on cash: 4.05% Airbnb Rental Income: $2316 Traditional Rental Income: $2910 Airbnb ROI: 1.31% Traditional ROI: 4.05%
13601 Thompson Road Vermilion, OH An amazing opportunity to acquire a renovation project in a prime location, just outside o...	3 beds \| 2 baths \| 1,459 sq.ft.	$139,900	Airbnb cash on cash: 1.71% Traditional cash on cash: 10.38% Airbnb Rental Income: $982 Traditional Rental Income: $1792 Airbnb ROI: 1.71% Traditional ROI: 10.38%
4601 Compass Rose #30 Vermilion, OH Experience true lakefront living with nearly 3,000 square feet of beautifully designed spa...	3 beds \| 4 baths \| 2,735 sq.ft.	$499,000	Airbnb cash on cash: -0.87% Traditional cash on cash: 6.45% Airbnb Rental Income: $982 Traditional Rental Income: $4045 Airbnb ROI: -0.87% Traditional ROI: 6.45%
5918 Liberty Avenue Vermilion, OH Rare opportunity to own a stunning lakefront brick ranch nestled directly on the shores of...	2 beds \| 2 baths \| 2,049 sq.ft.	$999,000	Airbnb cash on cash: -1.14% Traditional cash on cash: 0.9% Airbnb Rental Income: $886 Traditional Rental Income: $2446 Airbnb ROI: -1.14% Traditional ROI: 0.9%
357 Erie Road Vermilion, OH Must-see, newly updated move-in ready 4-bedroom, 1.5-bath home in the desirable Elberta Be...	4 beds \| 2 baths \| N/A	$169,900	Airbnb cash on cash: 0.56% Traditional cash on cash: 7.25% Airbnb Rental Income: $813 Traditional Rental Income: $1571 Airbnb ROI: 0.56% Traditional ROI: 7.25%
756 Hazelwood Drive Vermilion, OH Welcome Home: 3 yr old "move-in ready" thoughtfully upgraded, spacious 4 bedroom, 2.5 bath...	4 beds \| 3 baths \| 1,813 sq.ft.	$349,900	Airbnb cash on cash: -1.08% Traditional cash on cash: 5.39% Airbnb Rental Income: $813 Traditional Rental Income: $2615 Airbnb ROI: -1.08% Traditional ROI: 5.39%
4561 Newbury Vermilion, OH Welcome to this immaculate, move-in-ready 3-bedroom, 2-bath home located in the desirable ...	3 beds \| 2 baths \| 1,400 sq.ft.	$343,700	Airbnb cash on cash: 0.12% Traditional cash on cash: 3.33% Airbnb Rental Income: $982 Traditional Rental Income: $1667 Airbnb ROI: 0.12% Traditional ROI: 3.33%
1171 Vermilion Road Vermilion, OH Welcome home to this meticulous 3-bedroom, 2.5-bath Colonial nestled in the desirable Indi...	3 beds \| 3 baths \| 2,028 sq.ft.	$425,000	Airbnb cash on cash: -0.87% Traditional cash on cash: 3.72% Airbnb Rental Income: $982 Traditional Rental Income: $2459 Airbnb ROI: -0.87% Traditional ROI: 3.72%
7814 Poorman Road Vermilion, OH Welcome to 7814 Poorman Rd in Vermilion, an expansive ranch set on a quiet wooded lot with...	3 beds \| 3 baths \| 5,036 sq.ft.	$475,000	Airbnb cash on cash: -0.55% Traditional cash on cash: 3.15% Airbnb Rental Income: $982 Traditional Rental Income: $2275 Airbnb ROI: -0.55% Traditional ROI: 3.15%
5459 South Street Vermilion, OH Beautiful 4-5 bedroom century home in the heart of Harbourtown Vermilion! Ideally located ...	4 beds \| 1 baths \| 1,925 sq.ft.	$345,000	Airbnb cash on cash: -0.54% Traditional cash on cash: 2.62% Airbnb Rental Income: $813 Traditional Rental Income: $1514 Airbnb ROI: -0.54% Traditional ROI: 2.62%
4937 Timberview Drive Vermilion, OH Charming split in a tree lined neighborhood very close to Vermilion Schools.3 bedrooms, on...	3 beds \| 2 baths \| 1,694 sq.ft.	$219,000	Airbnb cash on cash: 0.69% Traditional cash on cash: 6.51% Airbnb Rental Income: $982 Traditional Rental Income: $1836 Airbnb ROI: 0.69% Traditional ROI: 6.51%
1235 Cherokee Path Vermilion, OH Must-see Immaculate 3-bedroom, 3-bath Ranch located on a quiet cul-de-sac in desirable Ind...	3 beds \| 3 baths \| 3,837 sq.ft.	$474,700	Airbnb cash on cash: -0.91% Traditional cash on cash: 2.69% Airbnb Rental Income: $982 Traditional Rental Income: $2230 Airbnb ROI: -0.91% Traditional ROI: 2.69%
749 Regina Drive Vermilion, OH Opportunity awaits in Woodview Estates! This 3 bedroom Colonial offers solid bones, a func...	3 beds \| 4 baths \| 2,334 sq.ft.	$250,000	Airbnb cash on cash: -0.22% Traditional cash on cash: 8.6% Airbnb Rental Income: $982 Traditional Rental Income: $2713 Airbnb ROI: -0.22% Traditional ROI: 8.6%
3654 Elizabeth Drive Vermilion, OH There's something special about a home that simply feels right the moment you walk in and ...	4 beds \| 3 baths \| 2,962 sq.ft.	$380,000	Airbnb cash on cash: -1.28% Traditional cash on cash: 5.53% Airbnb Rental Income: $813 Traditional Rental Income: $2915 Airbnb ROI: -1.28% Traditional ROI: 5.53%
203 Whispering Shores Vermilion, OH Nestled along the tranquil shores of Lake Erie, this new build, high end condo offers a lu...	2 beds \| 2 baths \| 1,665 sq.ft.	$499,000	Airbnb cash on cash: -0.26% Traditional cash on cash: 4.56% Airbnb Rental Income: $886 Traditional Rental Income: $2801 Airbnb ROI: -0.26% Traditional ROI: 4.56%

Real Estate investment in Vermilion, OH

There are 50 properties for sale in the city of Vermilion . The median list price in Vermilion is $449,000 and the average price per square foot is $200. In May 2026, the average monthly cash on cash return in Vermilion is 3.00%. The average monthly rental income in Vermilion is $1,496.

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

There are 50 investment properties available for sale in Vermilion.

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

The ROI for Short-Term is higher than the Long-Term in Vermilion with average rental income of $886.

Your search for investment property begins and ends here

Investment Property for Sale in Vermilion, OH

6880 Cliffside Drive

Vermilion, OH

4 beds | 4 baths | 5,796 sq.ft.

$599,900

Airbnb cash on cash: -1.66%

Traditional cash on cash: 3.91%

Airbnb Rental Income: $813

Traditional Rental Income: $3607

Airbnb ROI: -1.66%

Traditional ROI: 3.91%

1128 Oakwood Drive

Vermilion, OH

4 beds | 2 baths | 1,783 sq.ft.

$269,000

Airbnb cash on cash: -0.55%

Traditional cash on cash: 4.32%

Airbnb Rental Income: $813

Traditional Rental Income: $1724

Airbnb ROI: -0.55%

Traditional ROI: 4.32%

1123 Adams Street

Vermilion, OH

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

$294,000

Airbnb cash on cash: -0.75%

Traditional cash on cash: 7%

Airbnb Rental Income: $813

Traditional Rental Income: $2635

Airbnb ROI: -0.75%

Traditional ROI: 7%

118 Sassafras Drive

Vermilion, OH

3 beds | 2 baths | 1,549 sq.ft.

$399,000

Airbnb cash on cash: -0.57%

Traditional cash on cash: 2.62%

Airbnb Rental Income: $982

Traditional Rental Income: $1823

Airbnb ROI: -0.57%

Traditional ROI: 2.62%

3708 Edgewater Drive

Vermilion, OH

4 beds | 2 baths | 1,956 sq.ft.

$535,000

Airbnb cash on cash: -1.38%

Traditional cash on cash: 2.68%

Airbnb Rental Income: $813

Traditional Rental Income: $2523

Airbnb ROI: -1.38%

Traditional ROI: 2.68%

4561 Newbury Drive

Vermilion, OH

3 beds | 2 baths | 1,400 sq.ft.

$343,700

Airbnb cash on cash: -0.63%

Traditional cash on cash: 1.41%

Airbnb Rental Income: $982

Traditional Rental Income: $1290

Airbnb ROI: -0.63%

Traditional ROI: 1.41%

13011 W Lake Road

Vermilion, OH

2 beds | 2 baths | 1,011 sq.ft.

$449,000

Airbnb cash on cash: -1.36%

Traditional cash on cash: 3.4%

Airbnb Rental Income: $886

Traditional Rental Income: $2551

Airbnb ROI: -1.36%

Traditional ROI: 3.4%

5993 Montauk Point

Vermilion, OH

4 beds | 3 baths | 2,382 sq.ft.

$334,000

Airbnb cash on cash: -0.97%

Traditional cash on cash: 6.27%

Airbnb Rental Income: $813

Traditional Rental Income: $2759

Airbnb ROI: -0.97%