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: 1.26% Traditional cash on cash: 4.33% Airbnb Rental Income: $1139 Traditional Rental Income: $1397 Airbnb ROI: 1.26% 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: 2.33% Traditional cash on cash: 7.84% Airbnb Rental Income: $1139 Traditional Rental Income: $1499 Airbnb ROI: 2.33% Traditional ROI: 7.84%
40087 Hope Court Elyria, OH Stunning 4-bedroom, 2.5-bath Colonial nestled on a cul-de-sac street located in Carlisle T...	4 beds \| 3 baths \| 2,220 sq.ft.	$350,000	Airbnb cash on cash: 0.08% Traditional cash on cash: 5.78% Airbnb Rental Income: $1253 Traditional Rental Income: $2731 Airbnb ROI: 0.08% Traditional ROI: 5.78%
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: 0.55% Traditional cash on cash: 5.42% Airbnb Rental Income: $1139 Traditional Rental Income: $1789 Airbnb ROI: 0.55% Traditional ROI: 5.42%
747 Abbe Road N Elyria, OH Have you been searching for a home around 200k? Tired of being disappointed when you tour ...	3 beds \| 2 baths \| 1,422 sq.ft.	$199,900	Airbnb cash on cash: 1.29% Traditional cash on cash: 2.73% Airbnb Rental Income: $1139 Traditional Rental Income: $1034 Airbnb ROI: 1.29% Traditional ROI: 2.73%
382 Marseilles Avenue Elyria, OH Welcome home to this beautifully updated 3 bedroom, 1 bath ranch home, situated on a desir...	3 beds \| 1 baths \| 1,069 sq.ft.	$194,900	Airbnb cash on cash: 1.57% Traditional cash on cash: 3.96% Airbnb Rental Income: $1139 Traditional Rental Income: $1203 Airbnb ROI: 1.57% Traditional ROI: 3.96%
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	$175,000	Airbnb cash on cash: 2.42% Traditional cash on cash: 7.7% Airbnb Rental Income: $1253 Traditional Rental Income: $1735 Airbnb ROI: 2.42% Traditional ROI: 7.7%
127 Edgefield Drive Elyria, OH Welcome home to this beautifully updated 4-bedroom, 2-bath split-level situated on a desir...	4 beds \| 2 baths \| 2,222 sq.ft.	$270,000	Airbnb cash on cash: 0.82% Traditional cash on cash: 6.37% Airbnb Rental Income: $1253 Traditional Rental Income: $2268 Airbnb ROI: 0.82% Traditional ROI: 6.37%
428 West Avenue Elyria, OH Excellent opportunity to add a cash-flowing multifamily asset to your investment portfolio...	4 beds \| 4 baths \| 4,800 sq.ft.	$299,900	Airbnb cash on cash: 0.58% Traditional cash on cash: 9.33% Airbnb Rental Income: $1253 Traditional Rental Income: $3326 Airbnb ROI: 0.58% Traditional ROI: 9.33%
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: 0.77% Traditional cash on cash: 6.51% Airbnb Rental Income: $1253 Traditional Rental Income: $2263 Airbnb ROI: 0.77% Traditional ROI: 6.51%
246 Hilliard Road Elyria, OH Welcome home to this beautifully updated 4-bedroom, 2 full-bath Cape Cod that perfectly bl...	4 beds \| 2 baths \| 2,348 sq.ft.	$224,000	Airbnb cash on cash: 1.51% Traditional cash on cash: 5.32% Airbnb Rental Income: $1253 Traditional Rental Income: $1663 Airbnb ROI: 1.51% Traditional ROI: 5.32%
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: 0.16% Traditional cash on cash: 4% Airbnb Rental Income: $1139 Traditional Rental Income: $1792 Airbnb ROI: 0.16% Traditional ROI: 4%
39550 Calann Drive Elyria, OH This well maintained ranch home is ready for move-in! Located in the Midview School Distri...	3 beds \| 2 baths \| 1,662 sq.ft.	$289,900	Airbnb cash on cash: 0.57% Traditional cash on cash: 3.14% Airbnb Rental Income: $1139 Traditional Rental Income: $1462 Airbnb ROI: 0.57% Traditional ROI: 3.14%
169 Boston Avenue Elyria, OH Welcome to 169 Boston Avenue in Elyria! This charming 2-bedroom, 1-bath ranch offers affor...	2 beds \| 1 baths \| N/A	$125,000	Airbnb cash on cash: -0.82% Traditional cash on cash: 4.55% Airbnb Rental Income: $494 Traditional Rental Income: $870 Airbnb ROI: -0.82% Traditional ROI: 4.55%
109 W Spring Drive Elyria, OH Stunning home nestled in the Landings at Ridgewater community! Enjoy having a yard space, ...	3 beds \| 2 baths \| 1,546 sq.ft.	$375,000	Airbnb cash on cash: 0.03% Traditional cash on cash: 2.66% Airbnb Rental Income: $1139 Traditional Rental Income: $1686 Airbnb ROI: 0.03% Traditional ROI: 2.66%
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.	$280,000	Airbnb cash on cash: 0.6% Traditional cash on cash: 4.33% Airbnb Rental Income: $1253 Traditional Rental Income: $1841 Airbnb ROI: 0.6% Traditional ROI: 4.33%
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: 2.5% Traditional cash on cash: 9.03% Airbnb Rental Income: $1139 Traditional Rental Income: $1696 Airbnb ROI: 2.5% Traditional ROI: 9.03%
513 Henry Street Elyria, OH Here's your chance to own a stunning, modern, updated turnkey opportunity in the heart of ...	3 beds \| 2 baths \| N/A	$223,000	Airbnb cash on cash: 0.53% Traditional cash on cash: 4.57% Airbnb Rental Income: $1139 Traditional Rental Income: $1613 Airbnb ROI: 0.53% Traditional ROI: 4.57%
110 Harvest Way Elyria, OH Why build when you could have the best of both worlds with this super sharp 3 year young c...	4 beds \| 3 baths \| 2,516 sq.ft.	$379,900	Airbnb cash on cash: -0.55% Traditional cash on cash: 4.97% Airbnb Rental Income: $1253 Traditional Rental Income: $2821 Airbnb ROI: -0.55% Traditional ROI: 4.97%
704 Maple Hollow Court Elyria, OH Priced well below purchase price for quick sale..Quality construction, MIDVIEW SCHOOLS, pr...	4 beds \| 3 baths \| 3,057 sq.ft.	$369,900	Airbnb cash on cash: -0.34% Traditional cash on cash: 4.43% Airbnb Rental Income: $1253 Traditional Rental Income: $2510 Airbnb ROI: -0.34% Traditional ROI: 4.43%
1061 Bell Avenue Elyria, OH A really nice updated 3-bedroom Cape Cod located in a nice area of well-kept homes. Home f...	3 beds \| 2 baths \| 1,160 sq.ft.	$159,900	Airbnb cash on cash: 2.76% Traditional cash on cash: 7.46% Airbnb Rental Income: $1139 Traditional Rental Income: $1479 Airbnb ROI: 2.76% Traditional ROI: 7.46%
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: 3.06% Traditional cash on cash: 7.66% Airbnb Rental Income: $1139 Traditional Rental Income: $1379 Airbnb ROI: 3.06% 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%
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 \| 1,200 sq.ft.	$257,000	Airbnb cash on cash: 0.6% Traditional cash on cash: 2.49% Airbnb Rental Income: $1139 Traditional Rental Income: $1220 Airbnb ROI: 0.6% Traditional ROI: 2.49%
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: 0.52% Traditional cash on cash: 5.72% Airbnb Rental Income: $1253 Traditional Rental Income: $2466 Airbnb ROI: 0.52% 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: -1.85% Traditional cash on cash: 5.4% Airbnb Rental Income: $494 Traditional Rental Income: $1934 Airbnb ROI: -1.85% Traditional ROI: 5.4%
521 Cambridge Avenue Elyria, OH Welcome home to this charming, well-maintained Cape Cod nestled in the desirable Elyria He...	3 beds \| 1 baths \| 1,089 sq.ft.	$170,000	Airbnb cash on cash: 1.81% Traditional cash on cash: 5.27% Airbnb Rental Income: $1139 Traditional Rental Income: $1322 Airbnb ROI: 1.81% Traditional ROI: 5.27%
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: -2.04% Traditional cash on cash: 5.93% Airbnb Rental Income: $494 Traditional Rental Income: $2273 Airbnb ROI: -2.04% 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: -1.97% Traditional cash on cash: 6.11% Airbnb Rental Income: $494 Traditional Rental Income: $2078 Airbnb ROI: -1.97% 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: 2.48% Traditional cash on cash: 5.77% Airbnb Rental Income: $1139 Traditional Rental Income: $1262 Airbnb ROI: 2.48% Traditional ROI: 5.77%
2207 Fowl Road Elyria, OH Nicely updated and maintained 4 bedroom home in great neighborhood across from a park. Ste...	4 beds \| 3 baths \| 1,920 sq.ft.	$319,900	Airbnb cash on cash: 0.1% Traditional cash on cash: 6.12% Airbnb Rental Income: $1253 Traditional Rental Income: $2666 Airbnb ROI: 0.1% Traditional ROI: 6.12%
9217 Bechtel Road Elyria, OH Welcome to a home that truly adapts to the way you live. Thoughtfully designed with a full...	5 beds \| 4 baths \| 3,284 sq.ft.	$424,999	Airbnb cash on cash: N/A Traditional cash on cash: 7.03% Airbnb Rental Income: $null Traditional Rental Income: $3701 Airbnb ROI: N/A Traditional ROI: 7.03%
639 Apple Ridge Drive Elyria, OH A true gem offering easy, low-maintenance living in the desirable Ridgewater community! Wi...	2 beds \| 2 baths \| N/A	$279,000	Airbnb cash on cash: -1.69% Traditional cash on cash: 4.44% Airbnb Rental Income: $494 Traditional Rental Income: $1836 Airbnb ROI: -1.69% Traditional ROI: 4.44%

Real Estate investment in Elyria, OH

There are 88 properties for sale in the city of Elyria . The median list price in Elyria is $190,886 and the average price per square foot is $104. In July 2026, the average monthly cash on cash return in Elyria is 6.00%. The average monthly rental income in Elyria is $1,791.

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

There are 88 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 $1,791.

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: 1.26%

Traditional cash on cash: 4.33%

Airbnb Rental Income: $1139

Traditional Rental Income: $1397

Airbnb ROI: 1.26%

Traditional ROI: 4.33%

890 Salem Avenue

Elyria, OH

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

$139,900

Airbnb cash on cash: 2.33%

Traditional cash on cash: 7.84%

Airbnb Rental Income: $1139

Traditional Rental Income: $1499

Airbnb ROI: 2.33%

Traditional ROI: 7.84%

40087 Hope Court

Elyria, OH

4 beds | 3 baths | 2,220 sq.ft.

$350,000

Airbnb cash on cash: 0.08%

Traditional cash on cash: 5.78%

Airbnb Rental Income: $1253

Traditional Rental Income: $2731

Airbnb ROI: 0.08%

Traditional ROI: 5.78%

542 Georgetown Avenue

Elyria, OH

3 beds | 2 baths | N/A

$222,999

Airbnb cash on cash: 0.55%

Traditional cash on cash: 5.42%

Airbnb Rental Income: $1139

Traditional Rental Income: $1789

Airbnb ROI: 0.55%

Traditional ROI: 5.42%

747 Abbe Road N

Elyria, OH

3 beds | 2 baths | 1,422 sq.ft.

$199,900

Airbnb cash on cash: 1.29%

Traditional cash on cash: 2.73%

Airbnb Rental Income: $1139

Traditional Rental Income: $1034

Airbnb ROI: 1.29%

Traditional ROI: 2.73%

382 Marseilles Avenue

Elyria, OH

3 beds | 1 baths | 1,069 sq.ft.

$194,900

Airbnb cash on cash: 1.57%

Traditional cash on cash: 3.96%

Airbnb Rental Income: $1139

Traditional Rental Income: $1203

Airbnb ROI: 1.57%

Traditional ROI: 3.96%

556 Keys Drive

Elyria, OH

4 beds | 1 baths | N/A

$175,000

Airbnb cash on cash: 2.42%

Traditional cash on cash: 7.7%

Airbnb Rental Income: $1253

Traditional Rental Income: $1735

Airbnb ROI: 2.42%

Traditional ROI: 7.7%

127 Edgefield Drive

Elyria, OH

4 beds | 2 baths | 2,222 sq.ft.

$270,000

Airbnb cash on cash: 0.82%

Traditional cash on cash: 6.37%

Airbnb Rental Income: $1253

Traditional Rental Income: $2268

Airbnb ROI: 0.82%