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
231 College Park Drive Elyria, OH Beautifully updated three-bedroom cape cod home with vaulted living room ceiling that blen...	3 beds \| 1 baths \| 1,406 sq.ft.	$219,000	Airbnb cash on cash: 1.25% Traditional cash on cash: 4.33% Airbnb Rental Income: $1137 Traditional Rental Income: $1397 Airbnb ROI: 1.25% Traditional ROI: 4.33%
890 Salem Avenue Elyria, OH Located on Elyria's northside, this home has easy access to highways, shopping, dining, me...	3 beds \| 2 baths \| 1,056 sq.ft.	$139,900	Airbnb cash on cash: 2.32% Traditional cash on cash: 7.84% Airbnb Rental Income: $1137 Traditional Rental Income: $1499 Airbnb ROI: 2.32% Traditional ROI: 7.84%
542 Georgetown Avenue Elyria, OH Great home for an owner occupant or a real estate investor. Locals & out of state investor...	3 beds \| 2 baths \| N/A	$222,999	Airbnb cash on cash: 0.54% Traditional cash on cash: 5.42% Airbnb Rental Income: $1137 Traditional Rental Income: $1789 Airbnb ROI: 0.54% Traditional ROI: 5.42%
345 Miami Avenue Elyria, OH Welcome to this charming and well-maintained 3-bedroom, 1.5-bath ranch located on a quiet,...	3 beds \| 2 baths \| 1,514 sq.ft.	$220,000	Airbnb cash on cash: 0.87% Traditional cash on cash: 5.99% Airbnb Rental Income: $1137 Traditional Rental Income: $1825 Airbnb ROI: 0.87% Traditional ROI: 5.99%
556 Keys Drive Elyria, OH Spacious Elyria Ranch with room to grow! This beautifully laid-out 4bedroom 1bath ranch of...	4 beds \| 1 baths \| N/A	$185,000	Airbnb cash on cash: 0.7% Traditional cash on cash: 7.24% Airbnb Rental Income: $928 Traditional Rental Income: $1735 Airbnb ROI: 0.7% Traditional ROI: 7.24%
412 Wescott Way Elyria, OH Nestled within the highly sought-after Four Seasons at Chestnut Ridge community in Elyria,...	2 beds \| 2 baths \| 2,077 sq.ft.	$430,000	Airbnb cash on cash: -2.65% Traditional cash on cash: 3.15% Airbnb Rental Income: $454 Traditional Rental Income: $2527 Airbnb ROI: -2.65% Traditional ROI: 3.15%
537 Randall Road Elyria, OH Looking for one-floor living near the Sheffield border with space to spread out? This 3-be...	3 beds \| 3 baths \| 2,352 sq.ft.	$240,000	Airbnb cash on cash: 0.86% Traditional cash on cash: 9.34% Airbnb Rental Income: $1137 Traditional Rental Income: $2684 Airbnb ROI: 0.86% Traditional ROI: 9.34%
634 Georgetown Avenue Elyria, OH Welcome to this beautifully maintained 4-bedroom, 2 full bath split-level home in one of E...	4 beds \| 2 baths \| 2,182 sq.ft.	$260,000	Airbnb cash on cash: -0.33% Traditional cash on cash: 6.51% Airbnb Rental Income: $928 Traditional Rental Income: $2263 Airbnb ROI: -0.33% Traditional ROI: 6.51%
249 Roosevelt Avenue Elyria, OH You'll instantly fall in love with this charming Cape Cod home in Elyria. Featuring 2BR do...	3 beds \| 1 baths \| 1,199 sq.ft.	$130,000	Airbnb cash on cash: 2.84% Traditional cash on cash: 8.12% Airbnb Rental Income: $1137 Traditional Rental Income: $1418 Airbnb ROI: 2.84% Traditional ROI: 8.12%
141 W Spring Drive Elyria, OH Welcome to 141 W Spring St in Elyria, located in the sought-after Ridge Water community. T...	3 beds \| 2 baths \| 1,251 sq.ft.	$284,900	Airbnb cash on cash: 0.15% Traditional cash on cash: 4% Airbnb Rental Income: $1137 Traditional Rental Income: $1792 Airbnb ROI: 0.15% Traditional ROI: 4%
421 River Run Drive Elyria, OH Welcome to this spacious, nearly new colonial! Just 3 years young, this home offers 5 bedr...	5 beds \| 3 baths \| 2,480 sq.ft.	$380,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.27% Airbnb Rental Income: $null Traditional Rental Income: $2212 Airbnb ROI: N/A Traditional ROI: 3.27%
120 Longford Avenue Elyria, OH This charming two-story single-family colonial home offers classic curb appeal with a welc...	3 beds \| 1 baths \| 1,155 sq.ft.	$169,900	Airbnb cash on cash: 1.96% Traditional cash on cash: 4.19% Airbnb Rental Income: $1137 Traditional Rental Income: $1120 Airbnb ROI: 1.96% Traditional ROI: 4.19%
2161 Fowl Road Elyria, OH Welcome to this beautifully maintained 3-bedroom, 3 full bath home in desirable Fairfield ...	3 beds \| 3 baths \| 2,160 sq.ft.	$320,000	Airbnb cash on cash: -0.26% Traditional cash on cash: 2.21% Airbnb Rental Income: $1137 Traditional Rental Income: $1503 Airbnb ROI: -0.26% Traditional ROI: 2.21%
1512 Middle Avenue Elyria, OH Welcome home to this beautifully maintained and thoughtfully updated Elyria gem, where cla...	3 beds \| 2 baths \| 1,476 sq.ft.	$159,000	Airbnb cash on cash: 2.44% Traditional cash on cash: 7.05% Airbnb Rental Income: $1137 Traditional Rental Income: $1460 Airbnb ROI: 2.44% Traditional ROI: 7.05%
189 Alexander Drive Elyria, OH Welcome to 189 Alexander Dr in Elyria - a newer construction home built in 2023 offering m...	4 beds \| 3 baths \| 1,480 sq.ft.	$294,900	Airbnb cash on cash: -0.46% Traditional cash on cash: 4.07% Airbnb Rental Income: $928 Traditional Rental Income: $1841 Airbnb ROI: -0.46% Traditional ROI: 4.07%
229 Harvest Way Elyria, OH Why wait to build when you can move right into this upgraded 2023 K. Hovnanian "Farmhouse"...	3 beds \| 2 baths \| 1,646 sq.ft.	$339,900	Airbnb cash on cash: -0.52% Traditional cash on cash: 2.41% Airbnb Rental Income: $1137 Traditional Rental Income: $1696 Airbnb ROI: -0.52% Traditional ROI: 2.41%
1153 Gulf Road Elyria, OH Looking for a nice sized ranch with much potential? This home may be perfect for you! Home...	3 beds \| 2 baths \| 1,297 sq.ft.	$149,900	Airbnb cash on cash: 2.49% Traditional cash on cash: 9.03% Airbnb Rental Income: $1137 Traditional Rental Income: $1696 Airbnb ROI: 2.49% Traditional ROI: 9.03%
224 Harvest Way Elyria, OH A rare opportunity to enjoy the benefits of new construction without the timeline! Move ri...	4 beds \| 3 baths \| 1,800 sq.ft.	$358,000	Airbnb cash on cash: -1.16% Traditional cash on cash: 3.78% Airbnb Rental Income: $928 Traditional Rental Income: $2247 Airbnb ROI: -1.16% Traditional ROI: 3.78%
1004 East Avenue Elyria, OH Attention investors & owner-occupied buyers looking for a rare 4-family opportunity w/trem...	7 beds \| 4 baths \| 4,004 sq.ft.	$179,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.5% Airbnb Rental Income: $null Traditional Rental Income: $2352 Airbnb ROI: N/A Traditional ROI: 11.5%
967 Gulf Road Elyria, OH Well-maintained 3-bedroom, 1.5 bath home offering comfort, charm, and thoughtful features ...	3 beds \| 2 baths \| 2,100 sq.ft.	$225,000	Airbnb cash on cash: 1.03% Traditional cash on cash: 5.82% Airbnb Rental Income: $1137 Traditional Rental Income: $1778 Airbnb ROI: 1.03% Traditional ROI: 5.82%
807 Woodland Avenue Elyria, OH Extensively renovated, spacious 3 bedroom, 1 bathroom house with an excellent layout. The ...	3 beds \| 1 baths \| 1,040 sq.ft.	$140,000	Airbnb cash on cash: 3.04% Traditional cash on cash: 7.66% Airbnb Rental Income: $1137 Traditional Rental Income: $1379 Airbnb ROI: 3.04% Traditional ROI: 7.66%
146 Harrison Street Elyria, OH Charming historical home perfect for Summer Gatherings! Walk through the front door of thi...	5 beds \| 3 baths \| 2,826 sq.ft.	$393,100	Airbnb cash on cash: N/A Traditional cash on cash: 6.35% Airbnb Rental Income: $null Traditional Rental Income: $3111 Airbnb ROI: N/A Traditional ROI: 6.35%
130 W Spring Drive Elyria, OH Welcome to effortless, low-maintenance living at its best. Built less than a year ago, thi...	2 beds \| 2 baths \| 1,350 sq.ft.	$239,900	Airbnb cash on cash: -2.85% Traditional cash on cash: 7.37% Airbnb Rental Income: $454 Traditional Rental Income: $2507 Airbnb ROI: -2.85% Traditional ROI: 7.37%
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.	$268,400	Airbnb cash on cash: N/A Traditional cash on cash: 6.49% Airbnb Rental Income: $null Traditional Rental Income: $2240 Airbnb ROI: N/A Traditional ROI: 6.49%
42009 Adelbert Street Elyria, OH Welcome to this gorgeous, fully remodeled 3 bedroom 2 bathroom house with all the works. E...	3 beds \| 2 baths \| 1,450 sq.ft.	$267,000	Airbnb cash on cash: 0.53% Traditional cash on cash: 2.36% Airbnb Rental Income: $1137 Traditional Rental Income: $1220 Airbnb ROI: 0.53% Traditional ROI: 2.36%
41796 Adelbert Street Elyria, OH Elyria Township! 4 Bedroom, 2 bath colonial. All new inside & out. 25-year dimensional roo...	4 beds \| 2 baths \| 2,905 sq.ft.	$329,900	Airbnb cash on cash: -0.35% Traditional cash on cash: 5.72% Airbnb Rental Income: $928 Traditional Rental Income: $2466 Airbnb ROI: -0.35% Traditional ROI: 5.72%
215 Silver Spring Circle Elyria, OH Welcome to this beautiful 2 year old home in the desirable Landings at Ridgewater Communit...	2 beds \| 2 baths \| 1,380 sq.ft.	$249,900	Airbnb cash on cash: -1.99% Traditional cash on cash: 5.4% Airbnb Rental Income: $454 Traditional Rental Income: $1934 Airbnb ROI: -1.99% Traditional ROI: 5.4%
556 Eldemire Lane Elyria, OH QUICK MOVE IN! BRAND NEW construction and ready TO MOVE IN AND ENJOY! Welcome to this new ...	2 beds \| 2 baths \| 2,856 sq.ft.	$272,900	Airbnb cash on cash: -2.17% Traditional cash on cash: 5.93% Airbnb Rental Income: $454 Traditional Rental Income: $2273 Airbnb ROI: -2.17% Traditional ROI: 5.93%
208 Alexander Drive Elyria, OH Welcome to the Windsor Model at 208-a brand-new ranch home with no steps and the best valu...	2 beds \| 2 baths \| 1,428 sq.ft.	$242,900	Airbnb cash on cash: -2.12% Traditional cash on cash: 6.11% Airbnb Rental Income: $454 Traditional Rental Income: $2078 Airbnb ROI: -2.12% Traditional ROI: 6.11%
828 S Logan Street Elyria, OH This beautifully renovated 3-bedroom, 1-bath ranch offers easy single-story living with st...	3 beds \| 1 baths \| 1,045 sq.ft.	$160,000	Airbnb cash on cash: 2.47% Traditional cash on cash: 5.77% Airbnb Rental Income: $1137 Traditional Rental Income: $1262 Airbnb ROI: 2.47% Traditional ROI: 5.77%
502 Cedarwood Trail Elyria, OH Step into a thoughtfully designed 2-story home that offers a rare and flexible layout you ...	5 beds \| 3 baths \| 2,099 sq.ft.	$399,990	Airbnb cash on cash: N/A Traditional cash on cash: 4.58% Airbnb Rental Income: $null Traditional Rental Income: $2766 Airbnb ROI: N/A Traditional ROI: 4.58%
437 Pheasant Run Elyria, OH This beautifully styled 3-bedroom ranch combines timeless farmhouse charm with modern comf...	3 beds \| 3 baths \| 1,628 sq.ft.	$404,990	Airbnb cash on cash: -1.62% Traditional cash on cash: 1.93% Airbnb Rental Income: $1137 Traditional Rental Income: $2109 Airbnb ROI: -1.62% Traditional ROI: 1.93%
161 High Street Elyria, OH (Walking tour) Brand New Construction Duplex - Completed December 2025. Turn-key investmen...	6 beds \| 2 baths \| 2,432 sq.ft.	$369,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.1% Airbnb Rental Income: $null Traditional Rental Income: $2394 Airbnb ROI: N/A Traditional ROI: 4.1%
897 Livermore Lane Elyria, OH Check out the interior of this charming all-brick ranch nestled in the convenient north en...	3 beds \| 1 baths \| 1,445 sq.ft.	$190,000	Airbnb cash on cash: 1.13% Traditional cash on cash: 4.92% Airbnb Rental Income: $1137 Traditional Rental Income: $1442 Airbnb ROI: 1.13% Traditional ROI: 4.92%
805 Clark Street Elyria, OH This well-maintained ranch offers convenient one-floor living with first-floor laundry hoo...	2 beds \| 1 baths \| 720 sq.ft.	$120,000	Airbnb cash on cash: -1.28% Traditional cash on cash: 6.32% Airbnb Rental Income: $454 Traditional Rental Income: $1069 Airbnb ROI: -1.28% Traditional ROI: 6.32%
337 University Avenue Elyria, OH Welcome to your new home in Elyria, offering comfortable one-level living with space to gr...	3 beds \| 2 baths \| 1,312 sq.ft.	$194,900	Airbnb cash on cash: 1.32% Traditional cash on cash: 6.05% Airbnb Rental Income: $1137 Traditional Rental Income: $1634 Airbnb ROI: 1.32% Traditional ROI: 6.05%

Real Estate investment in Elyria, OH

There are 92 properties for sale in the city of Elyria . The median list price in Elyria is $219,500 and the average price per square foot is $126. In June 2026, the average monthly cash on cash return in Elyria is 6.00%. The average monthly rental income in Elyria is $1,844.

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

There are 92 investment properties available for sale in Elyria.

In 2026, 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 $1,844.

Your search for investment property begins and ends here

Investment Property for Sale in Elyria, OH

231 College Park Drive

Elyria, OH

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

$219,000

Airbnb cash on cash: 1.25%

Traditional cash on cash: 4.33%

Airbnb Rental Income: $1137

Traditional Rental Income: $1397

Airbnb ROI: 1.25%

Traditional ROI: 4.33%

890 Salem Avenue

Elyria, OH

3 beds | 2 baths | 1,056 sq.ft.

$139,900

Airbnb cash on cash: 2.32%

Traditional cash on cash: 7.84%

Airbnb Rental Income: $1137

Traditional Rental Income: $1499

Airbnb ROI: 2.32%

Traditional ROI: 7.84%

542 Georgetown Avenue

Elyria, OH

3 beds | 2 baths | N/A

$222,999

Airbnb cash on cash: 0.54%

Traditional cash on cash: 5.42%

Airbnb Rental Income: $1137

Traditional Rental Income: $1789

Airbnb ROI: 0.54%

Traditional ROI: 5.42%

345 Miami Avenue

Elyria, OH

3 beds | 2 baths | 1,514 sq.ft.

$220,000

Airbnb cash on cash: 0.87%

Traditional cash on cash: 5.99%

Airbnb Rental Income: $1137

Traditional Rental Income: $1825

Airbnb ROI: 0.87%

Traditional ROI: 5.99%

556 Keys Drive

Elyria, OH

4 beds | 1 baths | N/A

$185,000

Airbnb cash on cash: 0.7%

Traditional cash on cash: 7.24%

Airbnb Rental Income: $928

Traditional Rental Income: $1735

Airbnb ROI: 0.7%

Traditional ROI: 7.24%

412 Wescott Way

Elyria, OH

2 beds | 2 baths | 2,077 sq.ft.

$430,000

Airbnb cash on cash: -2.65%

Traditional cash on cash: 3.15%

Airbnb Rental Income: $454

Traditional Rental Income: $2527

Airbnb ROI: -2.65%

Traditional ROI: 3.15%

537 Randall Road

Elyria, OH

3 beds | 3 baths | 2,352 sq.ft.

$240,000

Airbnb cash on cash: 0.86%

Traditional cash on cash: 9.34%

Airbnb Rental Income: $1137

Traditional Rental Income: $2684

Airbnb ROI: 0.86%

Traditional ROI: 9.34%

634 Georgetown Avenue

Elyria, OH

4 beds | 2 baths | 2,182 sq.ft.

$260,000

Airbnb cash on cash: -0.33%

Traditional cash on cash: 6.51%

Airbnb Rental Income: $928

Traditional Rental Income: $2263

Airbnb ROI: -0.33%