Real Estate Investment Properties for Sale in Elma, NY

Looking for investment property in Elma, NY with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
261 Rolling Green Lane Elma, NY Welcome to this beautifully maintained 4-bedroom, 2.5-bath home in the sought after Elma M...	4 beds \| 3 baths \| 2,226 sq.ft.	$399,900	Airbnb cash on cash: 0.53% Traditional cash on cash: 5.69% Airbnb Rental Income: $1833 Traditional Rental Income: $3270 Airbnb ROI: 0.53% Traditional ROI: 5.69%
1200 Rice Road Elma, NY Welcome to 1200 Rice Rd in the desirable town of Elma. Designed by an award winning archit...	4 beds \| 3 baths \| 3,316 sq.ft.	$1,430,266	Airbnb cash on cash: -1.52% Traditional cash on cash: -0.45% Airbnb Rental Income: $1833 Traditional Rental Income: $2753 Airbnb ROI: -1.52% Traditional ROI: -0.45%
1220 Rice Road Elma, NY Welcome to 1220 Rice Rd in the desirable town of Elma. Designed by an award winning archit...	3 beds \| 3 baths \| 3,319 sq.ft.	$1,347,250	Airbnb cash on cash: -1.79% Traditional cash on cash: -0.3% Airbnb Rental Income: $1343 Traditional Rental Income: $2794 Airbnb ROI: -1.79% Traditional ROI: -0.3%
15 Hunter Court Elma, NY Hunter Court by DeGraff Bloom Custom Builders! New construction TO BE BUILT. Proudly offer...	3 beds \| 2 baths \| 1,644 sq.ft.	$608,895	Airbnb cash on cash: -0.94% Traditional cash on cash: 1.62% Airbnb Rental Income: $1343 Traditional Rental Income: $2383 Airbnb ROI: -0.94% Traditional ROI: 1.62%
17 Hunter Court Elma, NY Hunter Court by DeGraff Bloom Custom Builders! Proudly offering our newest community in Ba...	3 beds \| 3 baths \| 2,059 sq.ft.	$605,900	Airbnb cash on cash: -1.28% Traditional cash on cash: 2.32% Airbnb Rental Income: $1343 Traditional Rental Income: $2964 Airbnb ROI: -1.28% Traditional ROI: 2.32%
100 May Drive Elma, NY Discover a rare blend of luxury, privacy, and thoughtful design on this 46.8-acre estate i...	3 beds \| 3 baths \| 4,184 sq.ft.	$1,150,000	Airbnb cash on cash: -1.04% Traditional cash on cash: 0.5% Airbnb Rental Income: $1343 Traditional Rental Income: $2585 Airbnb ROI: -1.04% Traditional ROI: 0.5%
1130 Jamison Road Elma, NY Welcome to 1130 Jamison Rd, in the heart of Elma- just 2 minutes from the 400 and 5 minute...	3 beds \| 2 baths \| 1,200 sq.ft.	$285,000	Airbnb cash on cash: 0.68% Traditional cash on cash: 5.36% Airbnb Rental Income: $1343 Traditional Rental Income: $2187 Airbnb ROI: 0.68% Traditional ROI: 5.36%
35 Pinegrove Court Elma, NY Welcome to this exceptional 5,857 sq ft estate, perfectly positioned on a private 4+acre l...	5 beds \| 5 baths \| 5,879 sq.ft.	$1,499,900	Airbnb cash on cash: -1.18% Traditional cash on cash: 1.57% Airbnb Rental Income: $2286 Traditional Rental Income: $5540 Airbnb ROI: -1.18% Traditional ROI: 1.57%
1701 Billington Road Elma, NY Welcome to 1701 Billington Rdâa charming ranch on nearly 1 acre in peaceful Elma, NY, th...	3 beds \| 1 baths \| 1,366 sq.ft.	$240,000	Airbnb cash on cash: 1.39% Traditional cash on cash: 4.7% Airbnb Rental Income: $1343 Traditional Rental Income: $1682 Airbnb ROI: 1.39% Traditional ROI: 4.7%
2565 Bowen Road Elma, NY HERITAGE 1850âs HOME BLENDING THE BEST ATTRIBUTES OF THE PAST WITH ALL THE AMENITIES, S...	5 beds \| 4 baths \| 4,381 sq.ft.	$920,000	Airbnb cash on cash: -0.33% Traditional cash on cash: 3.35% Airbnb Rental Income: $2286 Traditional Rental Income: $4868 Airbnb ROI: -0.33% Traditional ROI: 3.35%
121 Bartlett Road Elma, NY Welcome to 121 Bartlett Road! This beautifully maintained 4-bedroom, 2-full-bath ranch off...	4 beds \| 2 baths \| 2,292 sq.ft.	$449,900	Airbnb cash on cash: 0.58% Traditional cash on cash: 3.6% Airbnb Rental Income: $1833 Traditional Rental Income: $2611 Airbnb ROI: 0.58% Traditional ROI: 3.6%
720 N Star Road Elma, NY Welcome to 720 N Star â where timeless charm meets modern efficiency in the town of Elma...	3 beds \| 3 baths \| 1,755 sq.ft.	$499,900	Airbnb cash on cash: -0.55% Traditional cash on cash: 3.42% Airbnb Rental Income: $1343 Traditional Rental Income: $2788 Airbnb ROI: -0.55% Traditional ROI: 3.42%
215 Hilltop Drive Elma, NY Welcome to this inviting 4-bedroom, 2-bath ranch-style home nestled on just under an acre ...	4 beds \| 2 baths \| 1,653 sq.ft.	$329,900	Airbnb cash on cash: 1.37% Traditional cash on cash: 4.71% Airbnb Rental Income: $1833 Traditional Rental Income: $2377 Airbnb ROI: 1.37% Traditional ROI: 4.71%
1170 Jamison Road Elma, NY This spacious, well-maintained Cape Cod sits in the heart of Elma with low taxes and top-r...	4 beds \| 2 baths \| 2,457 sq.ft.	$399,000	Airbnb cash on cash: 1.18% Traditional cash on cash: 4.68% Airbnb Rental Income: $1833 Traditional Rental Income: $2651 Airbnb ROI: 1.18% Traditional ROI: 4.68%
60 Highland Drive Elma, NY Spacious 4-Bedroom Ranch in Sought-After Elma Neighborhood. Beautifully updated 2,200+ sq....	4 beds \| 3 baths \| 2,248 sq.ft.	$499,000	Airbnb cash on cash: 0.51% Traditional cash on cash: 4.33% Airbnb Rental Income: $1833 Traditional Rental Income: $3122 Airbnb ROI: 0.51% Traditional ROI: 4.33%
60 Kettle Run Elma, NY Experience the perfect blend of elegance, comfort, and privacy at 60 Kettle Run. Situated ...	4 beds \| 4 baths \| 2,955 sq.ft.	$784,900	Airbnb cash on cash: -0.45% Traditional cash on cash: 2.84% Airbnb Rental Income: $1833 Traditional Rental Income: $3750 Airbnb ROI: -0.45% Traditional ROI: 2.84%
520 Chairfactory Road Elma, NY Set back on a peaceful stretch of Chairfactory Road, this well-maintained home offers a b...	3 beds \| 2 baths \| 1,924 sq.ft.	$399,000	Airbnb cash on cash: -0.06% Traditional cash on cash: 3.76% Airbnb Rental Income: $1343 Traditional Rental Income: $2356 Airbnb ROI: -0.06% Traditional ROI: 3.76%
144 Townline Road Elma, NY Youâre invited to see first hand this charming 3 bedroom, 1.5 bath, 2 car garage, raised...	3 beds \| 1 baths \| 1,801 sq.ft.	$284,900	Airbnb cash on cash: 0.69% Traditional cash on cash: 3.6% Airbnb Rental Income: $1343 Traditional Rental Income: $1711 Airbnb ROI: 0.69% Traditional ROI: 3.6%
180 Winspear Road Elma, NY Rare Opportunity: 3-Unit Property in Elma This unique property in offers a rare opportuni...	5 beds \| 3 baths \| 3,179 sq.ft.	$349,900	Airbnb cash on cash: 2.77% Traditional cash on cash: 7.85% Airbnb Rental Income: $2286 Traditional Rental Income: $3385 Airbnb ROI: 2.77% Traditional ROI: 7.85%
161 S Blossom Road Elma, NY Unlock the potential at 161 S Blossom Rd in highly sought-after Elma! This 3-bedroom, 2-ba...	3 beds \| 2 baths \| 1,296 sq.ft.	$154,000	Airbnb cash on cash: 2.64% Traditional cash on cash: 10.28% Airbnb Rental Income: $1343 Traditional Rental Income: $2056 Airbnb ROI: 2.64% Traditional ROI: 10.28%
62 Esther Drive Elma, NY Welcome to 62 Esther Drive!! This beautiful 2,236 square foot home features 3 spacious be...	3 beds \| 2 baths \| 2,236 sq.ft.	$389,900	Airbnb cash on cash: 0.1% Traditional cash on cash: 5.23% Airbnb Rental Income: $1343 Traditional Rental Income: $2805 Airbnb ROI: 0.1% Traditional ROI: 5.23%
17 Old Mill Circle Elma, NY Enjoy easy living in this beautifully maintained corner-lot townhouse offering an abundanc...	2 beds \| 3 baths \| 1,788 sq.ft.	$319,900	Airbnb cash on cash: -1.59% Traditional cash on cash: 3.22% Airbnb Rental Income: $1293 Traditional Rental Income: $2338 Airbnb ROI: -1.59% Traditional ROI: 3.22%

Real Estate investment in Elma, NY

There are 22 properties for sale in the city of Elma . The median list price in Elma is $424,900 and the average price per square foot is $169. In September 2025, the average monthly cash on cash return in Elma is 4.00%. The average monthly rental income in Elma is $2,702.

Elma, NY Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 22 investment properties available for sale in Elma.

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

The ROI for Short-Term is higher than the Long-Term in Elma with average rental income of $1,343.

Your search for investment property begins and ends here

Investment Property for Sale in Elma, NY

261 Rolling Green Lane

Elma, NY

4 beds | 3 baths | 2,226 sq.ft.

$399,900

Airbnb cash on cash: 0.53%

Traditional cash on cash: 5.69%

Airbnb Rental Income: $1833

Traditional Rental Income: $3270

Airbnb ROI: 0.53%

Traditional ROI: 5.69%

1200 Rice Road

Elma, NY

4 beds | 3 baths | 3,316 sq.ft.

$1,430,266

Airbnb cash on cash: -1.52%

Traditional cash on cash: -0.45%

Airbnb Rental Income: $1833

Traditional Rental Income: $2753

Airbnb ROI: -1.52%

Traditional ROI: -0.45%

1220 Rice Road

Elma, NY

3 beds | 3 baths | 3,319 sq.ft.

$1,347,250

Airbnb cash on cash: -1.79%

Traditional cash on cash: -0.3%

Airbnb Rental Income: $1343

Traditional Rental Income: $2794

Airbnb ROI: -1.79%

Traditional ROI: -0.3%

15 Hunter Court

Elma, NY

3 beds | 2 baths | 1,644 sq.ft.

$608,895

Airbnb cash on cash: -0.94%

Traditional cash on cash: 1.62%

Airbnb Rental Income: $1343

Traditional Rental Income: $2383

Airbnb ROI: -0.94%

Traditional ROI: 1.62%

17 Hunter Court

Elma, NY

3 beds | 3 baths | 2,059 sq.ft.

$605,900

Airbnb cash on cash: -1.28%

Traditional cash on cash: 2.32%

Airbnb Rental Income: $1343

Traditional Rental Income: $2964

Airbnb ROI: -1.28%

Traditional ROI: 2.32%

100 May Drive

Elma, NY

3 beds | 3 baths | 4,184 sq.ft.

$1,150,000

Airbnb cash on cash: -1.04%

Traditional cash on cash: 0.5%

Airbnb Rental Income: $1343

Traditional Rental Income: $2585

Airbnb ROI: -1.04%

Traditional ROI: 0.5%

1130 Jamison Road

Elma, NY

3 beds | 2 baths | 1,200 sq.ft.

$285,000

Airbnb cash on cash: 0.68%

Traditional cash on cash: 5.36%

Airbnb Rental Income: $1343

Traditional Rental Income: $2187

Airbnb ROI: 0.68%

Traditional ROI: 5.36%

35 Pinegrove Court

Elma, NY

5 beds | 5 baths | 5,879 sq.ft.

$1,499,900

Airbnb cash on cash: -1.18%

Traditional cash on cash: 1.57%

Airbnb Rental Income: $2286

Traditional Rental Income: $5540

Airbnb ROI: -1.18%