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
110 Berkshire Road Elyria, OH Well maintained three bedroom, three full bath vinyl sided bi-level/raised ranch with doub...	3 beds \| 3 baths \| N/A	$249,900	Airbnb cash on cash: 4.11% Traditional cash on cash: 7.31% Airbnb Rental Income: $2107 Traditional Rental Income: $2322 Airbnb ROI: 4.11% Traditional ROI: 7.31%
1038 Oakwood Drive Elyria, OH Nestled in the heart of Elyria at 1038 Oakwood Drive, this fully updated 3-bedroom, 1-bath...	3 beds \| 1 baths \| 1,462 sq.ft.	$214,900	Airbnb cash on cash: 5.39% Traditional cash on cash: 5.07% Airbnb Rental Income: $2107 Traditional Rental Income: $1502 Airbnb ROI: 5.39% Traditional ROI: 5.07%
302 Breckenridge Oval Elyria, OH Welcome to 302 Breckenridge Oval. This 1472 sq ft, 3 bedroom 2 full bath ranch is located ...	3 beds \| 2 baths \| 1,472 sq.ft.	$230,000	Airbnb cash on cash: 4.04% Traditional cash on cash: 5.53% Airbnb Rental Income: $2107 Traditional Rental Income: $1891 Airbnb ROI: 4.04% Traditional ROI: 5.53%
254 Winckles Street Elyria, OH This updated ranch offers a fantastic opportunity to own a home with modern upgrades and r...	2 beds \| 2 baths \| 850 sq.ft.	$135,000	Airbnb cash on cash: 4.22% Traditional cash on cash: 7.34% Airbnb Rental Income: $1288 Traditional Rental Income: $1289 Airbnb ROI: 4.22% Traditional ROI: 7.34%
128 Roosevelt Avenue Elyria, OH Welcome to this lovely 3 bedroom, 1 bath home with a 1 car garage. This delightful home fe...	3 beds \| 1 baths \| 1,079 sq.ft.	$170,000	Airbnb cash on cash: 7.11% Traditional cash on cash: 5.45% Airbnb Rental Income: $2107 Traditional Rental Income: $1299 Airbnb ROI: 7.11% Traditional ROI: 5.45%
382 Columbus Street Elyria, OH First time home buyers gem! Super cute and nicely decorated with large living room beamed ...	2 beds \| 1 baths \| 1,290 sq.ft.	$159,900	Airbnb cash on cash: 3.14% Traditional cash on cash: 6.88% Airbnb Rental Income: $1288 Traditional Rental Income: $1456 Airbnb ROI: 3.14% Traditional ROI: 6.88%
160 Pinewood Drive Elyria, OH Welcome to 160 Pinewood, nestled on a quiet street. This home offers so much space and fun...	3 beds \| 2 baths \| 1,704 sq.ft.	$235,000	Airbnb cash on cash: 4.58% Traditional cash on cash: 6.45% Airbnb Rental Income: $2107 Traditional Rental Income: $1984 Airbnb ROI: 4.58% Traditional ROI: 6.45%
889 Hartford Drive Elyria, OH Great Split Level 3/2 Home with an additional rear lot. Large kitchen with beautiful cabi...	3 beds \| 2 baths \| 2,327 sq.ft.	$240,000	Airbnb cash on cash: 4.42% Traditional cash on cash: 7.69% Airbnb Rental Income: $2107 Traditional Rental Income: $2307 Airbnb ROI: 4.42% Traditional ROI: 7.69%
601 Cornell Avenue Elyria, OH Welcome Home! This Cape Cod house is located in the Eastern Heights neighborhood of Elyri...	3 beds \| 1 baths \| N/A	$164,900	Airbnb cash on cash: 7.38% Traditional cash on cash: 6.23% Airbnb Rental Income: $2107 Traditional Rental Income: $1386 Airbnb ROI: 7.38% Traditional ROI: 6.23%
171 Canterbury Road Elyria, OH Modern Living in a Serene Setting! This open-concept home is set on a peaceful ravined lot...	4 beds \| 4 baths \| 3,738 sq.ft.	$395,000	Airbnb cash on cash: 3.89% Traditional cash on cash: 6.4% Airbnb Rental Income: $3440 Traditional Rental Income: $3606 Airbnb ROI: 3.89% Traditional ROI: 6.4%
721 E Broad Street Elyria, OH Adorable farmhouse style colonial nestled on a DOUBLE parcel corner lot, driveway and gara...	3 beds \| 1 baths \| 1,007 sq.ft.	$144,900	Airbnb cash on cash: 8.38% Traditional cash on cash: 6.73% Airbnb Rental Income: $2107 Traditional Rental Income: $1338 Airbnb ROI: 8.38% Traditional ROI: 6.73%
361 Colgate Avenue Elyria, OH Welcome Home to 361 Colgate Avenue! A lovely 4 bedroom colonial that blends classic charm ...	4 beds \| 3 baths \| 1,950 sq.ft.	$279,900	Airbnb cash on cash: 7.7% Traditional cash on cash: 4.74% Airbnb Rental Income: $3440 Traditional Rental Income: $1897 Airbnb ROI: 7.7% Traditional ROI: 4.74%
139 Wildflower Drive Elyria, OH Welcome home to your pristine, like-new four-bedroom home in Elyria! This recently built r...	4 beds \| 3 baths \| 1,900 sq.ft.	$325,000	Airbnb cash on cash: 6% Traditional cash on cash: 5.34% Airbnb Rental Income: $3440 Traditional Rental Income: $2476 Airbnb ROI: 6% Traditional ROI: 5.34%
351 Warden Avenue Elyria, OH Back on market due to no fault of the seller! Do not miss out on this incredible opportuni...	3 beds \| 2 baths \| 1,305 sq.ft.	$194,900	Airbnb cash on cash: 6.39% Traditional cash on cash: 7.45% Airbnb Rental Income: $2107 Traditional Rental Income: $1763 Airbnb ROI: 6.39% Traditional ROI: 7.45%
105 Augusta Drive Elyria, OH Wowza - former model home built in 1998 with impressive upgrades and extras, including a f...	2 beds \| 3 baths \| 1,883 sq.ft.	$235,900	Airbnb cash on cash: 0.13% Traditional cash on cash: 6.43% Airbnb Rental Income: $1288 Traditional Rental Income: $2289 Airbnb ROI: 0.13% Traditional ROI: 6.43%
119 Prestwyck Lane Elyria, OH Welcome to your dream home in Fieldstone Lakes! With 3 bedrooms and 2 full bathrooms, this...	3 beds \| 2 baths \| 1,725 sq.ft.	$335,000	Airbnb cash on cash: 2.11% Traditional cash on cash: 4.01% Airbnb Rental Income: $2107 Traditional Rental Income: $2167 Airbnb ROI: 2.11% Traditional ROI: 4.01%
40094 Ryan Court Elyria, OH Builder to pay up to $10,000.00 towards closing cost. Newly completed, move-in ready, a st...	3 beds \| 2 baths \| 1,606 sq.ft.	$354,900	Airbnb cash on cash: 3.2% Traditional cash on cash: 4.68% Airbnb Rental Income: $2107 Traditional Rental Income: $2059 Airbnb ROI: 3.2% Traditional ROI: 4.68%
136 Hillcrest Lane Elyria, OH Welcome Home to the beautifully updated home.	4 beds \| 3 baths \| 3,802 sq.ft.	$440,000	Airbnb cash on cash: 4.42% Traditional cash on cash: 5.1% Airbnb Rental Income: $3440 Traditional Rental Income: $2957 Airbnb ROI: 4.42% Traditional ROI: 5.1%
129 Westminster Way Elyria, OH Enjoy the simplicity of ranch living in this beautifully updated cluster home with a relax...	3 beds \| 2 baths \| 1,498 sq.ft.	$265,000	Airbnb cash on cash: 3.11% Traditional cash on cash: 4.9% Airbnb Rental Income: $2107 Traditional Rental Income: $2016 Airbnb ROI: 3.11% Traditional ROI: 4.9%
807 Woodland Avenue Elyria, OH Charming 3-Bedroom Colonial with Modern Updates Step into this beautifully updated 3-be...	3 beds \| 1 baths \| 1,040 sq.ft.	$139,900	Airbnb cash on cash: 9.59% Traditional cash on cash: 8.19% Airbnb Rental Income: $2107 Traditional Rental Income: $1379 Airbnb ROI: 9.59% Traditional ROI: 8.19%
251 Windsor Drive Elyria, OH Discover this impressively spacious ranch home! Boasting an expansive living/family area a...	4 beds \| 2 baths \| 2,300 sq.ft.	$255,000	Airbnb cash on cash: 8.81% Traditional cash on cash: 7.52% Airbnb Rental Income: $3440 Traditional Rental Income: $2366 Airbnb ROI: 8.81% Traditional ROI: 7.52%
681 Abbe Road S Elyria, OH Discover this renovated charming ranch house, located near Wolfey's Bistro and a variety o...	3 beds \| 1 baths \| N/A	$169,900	Airbnb cash on cash: 7.41% Traditional cash on cash: 5.84% Airbnb Rental Income: $2107 Traditional Rental Income: $1312 Airbnb ROI: 7.41% Traditional ROI: 5.84%
615 Tyler Street Elyria, OH Investment opportunity! Two homes on one lot. Turnkey fully rented with all appliances. B...	3 beds \| 2 baths \| N/A	$134,900	Airbnb cash on cash: 9.43% Traditional cash on cash: 10.7% Airbnb Rental Income: $2107 Traditional Rental Income: $1732 Airbnb ROI: 9.43% Traditional ROI: 10.7%
138 Harvest Way Elyria, OH Welcome to your brand-new home! This Goldenrod 4 bedroom ranch is looking for its first ow...	4 beds \| 2 baths \| 1,762 sq.ft.	$369,990	Airbnb cash on cash: 4.82% Traditional cash on cash: 3.62% Airbnb Rental Income: $3440 Traditional Rental Income: $2260 Airbnb ROI: 4.82% Traditional ROI: 3.62%
145 Harvest Way Elyria, OH Welcome to your brand-new home! This Daffodil 3 bedroom ranch is looking for its first own...	3 beds \| 2 baths \| 1,628 sq.ft.	$369,990	Airbnb cash on cash: 1.62% Traditional cash on cash: 3.27% Airbnb Rental Income: $2107 Traditional Rental Income: $2139 Airbnb ROI: 1.62% Traditional ROI: 3.27%
1045 Bell Court Elyria, OH This Updated charming Cape Cod home offers a beautifully fully finished basement perfect f...	3 beds \| 2 baths \| 2,222 sq.ft.	$159,000	Airbnb cash on cash: 7.66% Traditional cash on cash: 11.9% Airbnb Rental Income: $2107 Traditional Rental Income: $2210 Airbnb ROI: 7.66% Traditional ROI: 11.9%
173 Harvest Way Elyria, OH Welcome home to Harvest Meadows in Elyria! The Water Lily is under construction now with e...	5 beds \| 4 baths \| 2,495 sq.ft.	$394,990	Airbnb cash on cash: N/A Traditional cash on cash: 5.75% Airbnb Rental Income: $null Traditional Rental Income: $3191 Airbnb ROI: N/A Traditional ROI: 5.75%
119 Pinewood Drive Elyria, OH Welcome to your new home! This charming 3-bedroom, 2-bathroom residence features a thought...	3 beds \| 2 baths \| 1,940 sq.ft.	$182,500	Airbnb cash on cash: 6.27% Traditional cash on cash: 6.51% Airbnb Rental Income: $2107 Traditional Rental Income: $1609 Airbnb ROI: 6.27% Traditional ROI: 6.51%
128 W SPRING Drive Elyria, OH New construction, true ONE FLOOR living! The BEST PRICED new builds in NE OHIO! This is th...	2 beds \| 2 baths \| 1,388 sq.ft.	$219,900	Airbnb cash on cash: 0.46% Traditional cash on cash: 6.81% Airbnb Rental Income: $1288 Traditional Rental Income: $2206 Airbnb ROI: 0.46% Traditional ROI: 6.81%
200 Princeton Avenue Elyria, OH Welcome to 200 Princeton Ave in Elyria. This beautiful well maintained home is looking for...	3 beds \| 1 baths \| 2,228 sq.ft.	$175,000	Airbnb cash on cash: 6.91% Traditional cash on cash: 8.14% Airbnb Rental Income: $2107 Traditional Rental Income: $1772 Airbnb ROI: 6.91% Traditional ROI: 8.14%
1432 Gulf Road Elyria, OH Remodeled Elyria Cape Cod with Loads Of Curb Appeal! Features 4 Spacious Bedrooms, 2 Updat...	4 beds \| 2 baths \| 2,160 sq.ft.	$279,900	Airbnb cash on cash: 7.89% Traditional cash on cash: 6.74% Airbnb Rental Income: $3440 Traditional Rental Income: $2374 Airbnb ROI: 7.89% Traditional ROI: 6.74%
116 West Spring Drive Elyria, OH Welcome to 116 W Spring Dr. Located in Landings at Ridgewater Community. Come see this bea...	2 beds \| 2 baths \| 1,380 sq.ft.	$246,900	Airbnb cash on cash: 0.14% Traditional cash on cash: 5.77% Airbnb Rental Income: $1288 Traditional Rental Income: $2198 Airbnb ROI: 0.14% Traditional ROI: 5.77%
1211 East Avenue Elyria, OH Don't Miss Out on this well maintained 3 bed 1-1/2 bath Colonial Home w/2 car garage, shed...	3 beds \| 2 baths \| N/A	$149,900	Airbnb cash on cash: 8.34% Traditional cash on cash: 10.69% Airbnb Rental Income: $2107 Traditional Rental Income: $1904 Airbnb ROI: 8.34% Traditional ROI: 10.69%
421 Ridgewater Drive Elyria, OH Ready to move in! Beautiful Eden Cay floorplan - 4 bedrooms, 3 full baths. 2579 Square f...	4 beds \| 3 baths \| 2,579 sq.ft.	$330,990	Airbnb cash on cash: 5.23% Traditional cash on cash: 5.67% Airbnb Rental Income: $3440 Traditional Rental Income: $2815 Airbnb ROI: 5.23% Traditional ROI: 5.67%
38780 Chestnut Ridge Road Elyria, OH Welcome to this beautifully maintained 3-bedroom, 2-full-bath Colonial home, nestled on a ...	3 beds \| 2 baths \| 1,728 sq.ft.	$159,900	Airbnb cash on cash: 7.52% Traditional cash on cash: 10.92% Airbnb Rental Income: $2107 Traditional Rental Income: $2085 Airbnb ROI: 7.52% Traditional ROI: 10.92%
103 Richmond Court Elyria, OH Quaint and cozy, 2 bedroom , vinyl flooring throughout, fireplace and lots of storage.	2 beds \| 2 baths \| 1,338 sq.ft.	$229,000	Airbnb cash on cash: 0.64% Traditional cash on cash: 5.49% Airbnb Rental Income: $1288 Traditional Rental Income: $1936 Airbnb ROI: 0.64% Traditional ROI: 5.49%
363 Warden Avenue Elyria, OH Welcome to this beautifully crafted, brand new 3-bedroom, 1-bath home, offering modern com...	3 beds \| 1 baths \| 1,144 sq.ft.	$185,000	Airbnb cash on cash: 7.34% Traditional cash on cash: 7.49% Airbnb Rental Income: $2107 Traditional Rental Income: $1593 Airbnb ROI: 7.34% Traditional ROI: 7.49%
1727 Lake Avenue Elyria, OH Welcome to this adorable ranch! Perfect for anyone looking for space. The backyard is larg...	3 beds \| 2 baths \| 1,240 sq.ft.	$162,500	Airbnb cash on cash: 7.07% Traditional cash on cash: 7.66% Airbnb Rental Income: $2107 Traditional Rental Income: $1657 Airbnb ROI: 7.07% Traditional ROI: 7.66%
406 Cambridge Avenue Elyria, OH Welcome to this cozy 3-bedroom, 1-bathroom home, perfect for first-time home buyers or as ...	3 beds \| 1 baths \| 1,203 sq.ft.	$190,000	Airbnb cash on cash: 6.27% Traditional cash on cash: 5.21% Airbnb Rental Income: $2107 Traditional Rental Income: $1375 Airbnb ROI: 6.27% Traditional ROI: 5.21%
636 Cedarwood Trail Elyria, OH Welcome home to the Daffodil 3-bedroom ranch! This Daffodil is under construction now with...	3 beds \| 3 baths \| 1,628 sq.ft.	$379,990	Airbnb cash on cash: 1.51% Traditional cash on cash: 3.62% Airbnb Rental Income: $2107 Traditional Rental Income: $2320 Airbnb ROI: 1.51% Traditional ROI: 3.62%

Real Estate investment in Elyria, OH

There are 76 properties for sale in the city of Elyria . The median list price in Elyria is $225,450 and the average price per square foot is $128. In January 2025, the average monthly cash on cash return in Elyria is 7.00%. The average monthly rental income in Elyria is $1,973.

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

There are 76 investment properties available for sale in Elyria.

In 2025, 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 $1,973.

Your search for investment property begins and ends here

Investment Property for Sale in Elyria, OH

110 Berkshire Road

Elyria, OH

3 beds | 3 baths | N/A

$249,900

Airbnb cash on cash: 4.11%

Traditional cash on cash: 7.31%

Airbnb Rental Income: $2107

Traditional Rental Income: $2322

Airbnb ROI: 4.11%

Traditional ROI: 7.31%

1038 Oakwood Drive

Elyria, OH

3 beds | 1 baths | 1,462 sq.ft.

$214,900

Airbnb cash on cash: 5.39%

Traditional cash on cash: 5.07%

Airbnb Rental Income: $2107

Traditional Rental Income: $1502

Airbnb ROI: 5.39%

Traditional ROI: 5.07%

302 Breckenridge Oval

Elyria, OH

3 beds | 2 baths | 1,472 sq.ft.

$230,000

Airbnb cash on cash: 4.04%

Traditional cash on cash: 5.53%

Airbnb Rental Income: $2107

Traditional Rental Income: $1891

Airbnb ROI: 4.04%

Traditional ROI: 5.53%

254 Winckles Street

Elyria, OH

2 beds | 2 baths | 850 sq.ft.

$135,000

Airbnb cash on cash: 4.22%

Traditional cash on cash: 7.34%

Airbnb Rental Income: $1288

Traditional Rental Income: $1289

Airbnb ROI: 4.22%

Traditional ROI: 7.34%

128 Roosevelt Avenue

Elyria, OH

3 beds | 1 baths | 1,079 sq.ft.

$170,000

Airbnb cash on cash: 7.11%

Traditional cash on cash: 5.45%

Airbnb Rental Income: $2107

Traditional Rental Income: $1299

Airbnb ROI: 7.11%

Traditional ROI: 5.45%

382 Columbus Street

Elyria, OH

2 beds | 1 baths | 1,290 sq.ft.

$159,900

Airbnb cash on cash: 3.14%

Traditional cash on cash: 6.88%

Airbnb Rental Income: $1288

Traditional Rental Income: $1456

Airbnb ROI: 3.14%

Traditional ROI: 6.88%

160 Pinewood Drive

Elyria, OH

3 beds | 2 baths | 1,704 sq.ft.

$235,000

Airbnb cash on cash: 4.58%

Traditional cash on cash: 6.45%

Airbnb Rental Income: $2107

Traditional Rental Income: $1984

Airbnb ROI: 4.58%

Traditional ROI: 6.45%

889 Hartford Drive

Elyria, OH

3 beds | 2 baths | 2,327 sq.ft.

$240,000

Airbnb cash on cash: 4.42%

Traditional cash on cash: 7.69%

Airbnb Rental Income: $2107

Traditional Rental Income: $2307

Airbnb ROI: 4.42%