Real Estate Investment Properties for Sale in Lorain, OH

Looking for investment property in Lorain, OH with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
4310 Carr Place Lorain, OH Welcome to your new home! This residence has been meticulously updated from top to bottom,...	4 beds \| 2 baths \| 2,086 sq.ft.	$214,900	Airbnb cash on cash: 6.36% Traditional cash on cash: 8.91% Airbnb Rental Income: $2375 Traditional Rental Income: $2310 Airbnb ROI: 6.36% Traditional ROI: 8.91%
4590 Fields Way Lorain, OH See the pride of ownership in this gorgeous ranch in Martinâs Run. Owner has made a lot ...	3 beds \| 2 baths \| 1,512 sq.ft.	$319,900	Airbnb cash on cash: 3.03% Traditional cash on cash: 3.79% Airbnb Rental Income: $2139 Traditional Rental Income: $1823 Airbnb ROI: 3.03% Traditional ROI: 3.79%
4783 Hawk Lane Lorain, OH MorningSide Community, featuring indoor and outdoor swimming pools,tennis courts, pickleba...	2 beds \| 2 baths \| 1,657 sq.ft.	$249,000	Airbnb cash on cash: 4.6% Traditional cash on cash: 6.24% Airbnb Rental Income: $2343 Traditional Rental Income: $2150 Airbnb ROI: 4.6% Traditional ROI: 6.24%
309 Illinois Avenue Lorain, OH 3 bedroom, 1 bath colonial currently being used as a rental/ income generated, but would b...	3 beds \| 1 baths \| 1,738 sq.ft.	$147,000	Airbnb cash on cash: 8.52% Traditional cash on cash: 9.21% Airbnb Rental Income: $2139 Traditional Rental Income: $1691 Airbnb ROI: 8.52% Traditional ROI: 9.21%
3930 Martins Run Drive Lorain, OH Welcome to your dream home in the heart of Lorain! This stunning Colonial residence boasts...	3 beds \| 3 baths \| 2,694 sq.ft.	$295,000	Airbnb cash on cash: 3.12% Traditional cash on cash: 5.35% Airbnb Rental Income: $2139 Traditional Rental Income: $2214 Airbnb ROI: 3.12% Traditional ROI: 5.35%
509 Appleseed Drive Lorain, OH Discover your perfect one-floor living in this beautifully cared-for 3-bedroom, 2-bath ran...	3 beds \| 2 baths \| 1,768 sq.ft.	$248,000	Airbnb cash on cash: 4.49% Traditional cash on cash: 6.6% Airbnb Rental Income: $2139 Traditional Rental Income: $2089 Airbnb ROI: 4.49% Traditional ROI: 6.6%
3623 Leavitt Road Lorain, OH Charming 3-bedroom, 1.5-bath ranch home, recently updated and move-in ready! Features incl...	3 beds \| 2 baths \| 1,040 sq.ft.	$182,000	Airbnb cash on cash: 6.73% Traditional cash on cash: 6.52% Airbnb Rental Income: $2139 Traditional Rental Income: $1557 Airbnb ROI: 6.73% Traditional ROI: 6.52%
2123 G Street Lorain, OH This ranch is move in ready! Freshly painted (inside & outside) is waiting for a new owne...	3 beds \| 1 baths \| 900 sq.ft.	$149,900	Airbnb cash on cash: 8.54% Traditional cash on cash: 6.34% Airbnb Rental Income: $2139 Traditional Rental Income: $1278 Airbnb ROI: 8.54% Traditional ROI: 6.34%
4103 KENYON AVENUE Lorain, OH Invest with success and buy through Auction.com. This bank-owned investment property is a ...	3 beds \| 2 baths \| 1,480 sq.ft.	$174,000	Airbnb cash on cash: 6.52% Traditional cash on cash: 7.41% Airbnb Rental Income: $2139 Traditional Rental Income: $1740 Airbnb ROI: 6.52% Traditional ROI: 7.41%
3806 Woodworth Drive Lorain, OH Discover your dream home in the heart of Martinâs Run! This stunning 2018-built ranch fe...	3 beds \| 2 baths \| 3,496 sq.ft.	$299,995	Airbnb cash on cash: 3.82% Traditional cash on cash: 4.71% Airbnb Rental Income: $2139 Traditional Rental Income: $1844 Airbnb ROI: 3.82% Traditional ROI: 4.71%
1921 E Skyline Drive Lorain, OH Welcome to 1921 East Skyline Drive! This charming three bedroom ranch home is situated in ...	3 beds \| 1 baths \| 1,168 sq.ft.	$211,900	Airbnb cash on cash: 5.85% Traditional cash on cash: 4.81% Airbnb Rental Income: $2139 Traditional Rental Income: $1386 Airbnb ROI: 5.85% Traditional ROI: 4.81%
2444 S Jefferson Boulevard Lorain, OH Welcome to 2444 South Jefferson Blvd! This 3 bedroom, 2 Â½ bathroom home is located just m...	3 beds \| 3 baths \| 1,781 sq.ft.	$179,900	Airbnb cash on cash: 6.67% Traditional cash on cash: 5.05% Airbnb Rental Income: $2139 Traditional Rental Income: $1316 Airbnb ROI: 6.67% Traditional ROI: 5.05%
1866 E 32nd Street Lorain, OH Welcome to this beautifully updated single-family home, perfect for families and first-tim...	4 beds \| 2 baths \| N/A	$184,900	Airbnb cash on cash: 7.81% Traditional cash on cash: 10.71% Airbnb Rental Income: $2375 Traditional Rental Income: $2300 Airbnb ROI: 7.81% Traditional ROI: 10.71%
1915 W Erie Avenue Lorain, OH Previously a beloved family home and currently operating as a highly successful Airbnb. I...	4 beds \| 3 baths \| 2,339 sq.ft.	$319,000	Airbnb cash on cash: 4% Traditional cash on cash: 4.2% Airbnb Rental Income: $2375 Traditional Rental Income: $1850 Airbnb ROI: 4% Traditional ROI: 4.2%
4872 Leavitt Road Lorain, OH There is possible land development in the area that may increase the value of this propert...	5 beds \| 3 baths \| 1,837 sq.ft.	$500,000	Airbnb cash on cash: 1.95% Traditional cash on cash: 3.78% Airbnb Rental Income: $2374 Traditional Rental Income: $2648 Airbnb ROI: 1.95% Traditional ROI: 3.78%
1927 Hamilton Avenue Lorain, OH Welcome to 1927 Hamilton Ave, a beautifully updated 3-bedroom, 1-bath Cape Cod that perfec...	3 beds \| 1 baths \| N/A	$154,500	Airbnb cash on cash: 8.4% Traditional cash on cash: 6.42% Airbnb Rental Income: $2139 Traditional Rental Income: $1301 Airbnb ROI: 8.4% Traditional ROI: 6.42%
2120 E 29th Street Lorain, OH Discover the charm of this spacious 3-bedroom, 1.5-bath colonial with modern updates throu...	3 beds \| 2 baths \| 2,114 sq.ft.	$139,900	Airbnb cash on cash: 9.34% Traditional cash on cash: 4.36% Airbnb Rental Income: $2139 Traditional Rental Income: $925 Airbnb ROI: 9.34% Traditional ROI: 4.36%
2337 Lexington Avenue Lorain, OH Exceptional investment opportunity! Donât miss out on this prime investment. Both units ...	4 beds \| 2 baths \| N/A	$160,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.75% Airbnb Rental Income: $null Traditional Rental Income: $2193 Airbnb ROI: N/A Traditional ROI: 11.75%
2342 Lexington Avenue Lorain, OH Investment property. Tenant occupied. Month to month and section 8.	4 beds \| 2 baths \| N/A	$170,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.8% Airbnb Rental Income: $null Traditional Rental Income: $1317 Airbnb ROI: N/A Traditional ROI: 5.8%
4860 Oberlin Avenue Lorain, OH This 4 bedroom, 1 bathroom home features large living spaces, a sprawling backyard, multi-...	4 beds \| 1 baths \| N/A	$129,900	Airbnb cash on cash: 9.93% Traditional cash on cash: 8.84% Airbnb Rental Income: $2375 Traditional Rental Income: $1654 Airbnb ROI: 9.93% Traditional ROI: 8.84%
4645 Oakhill Boulevard #304 Lorain, OH Discover luxury living in this beautifully remodeled 2-bedroom, 3-bathroom condo boasting ...	2 beds \| 3 baths \| 1,452 sq.ft.	$119,900	Airbnb cash on cash: 8.13% Traditional cash on cash: 9.93% Airbnb Rental Income: $2343 Traditional Rental Income: $1972 Airbnb ROI: 8.13% Traditional ROI: 9.93%
3410 Pearl Avenue Lorain, OH Ready for the family to move in. Spacious ranch home featuring hardwood floors under carpe...	3 beds \| 1 baths \| 2,882 sq.ft.	$156,000	Airbnb cash on cash: 8.18% Traditional cash on cash: 8.99% Airbnb Rental Income: $2139 Traditional Rental Income: $1714 Airbnb ROI: 8.18% Traditional ROI: 8.99%
319 California Avenue Lorain, OH So Very! Inviting! Irresistible! Stunning! And best of all - AVAILABLE NOW! This contemp...	3 beds \| 4 baths \| 2,206 sq.ft.	$364,900	Airbnb cash on cash: 2.09% Traditional cash on cash: 6.18% Airbnb Rental Income: $2139 Traditional Rental Income: $2994 Airbnb ROI: 2.09% Traditional ROI: 6.18%
119 Waverly Place Lorain, OH Welcome home to 119 Waverly Place in Lorain OH. This hidden gem backs up to beautiful Lak...	3 beds \| 1 baths \| 1,289 sq.ft.	$199,900	Airbnb cash on cash: 6.04% Traditional cash on cash: 7.3% Airbnb Rental Income: $2139 Traditional Rental Income: $1834 Airbnb ROI: 6.04% Traditional ROI: 7.3%
6225 N Oak Tree Drive Lorain, OH Beautiful 4 Bedroom 3 bath home in the Oaks Subdivision in Amherst school district. This b...	4 beds \| 3 baths \| N/A	$310,000	Airbnb cash on cash: 3.77% Traditional cash on cash: 4.41% Airbnb Rental Income: $2375 Traditional Rental Income: $1976 Airbnb ROI: 3.77% Traditional ROI: 4.41%
4425 Queen Anne Avenue Lorain, OH Welcome to this 3 bedroom, 2 bathroom, split level home. Out front you will be welcomed by...	3 beds \| 2 baths \| 2,948 sq.ft.	$264,900	Airbnb cash on cash: 4.12% Traditional cash on cash: 7.19% Airbnb Rental Income: $2139 Traditional Rental Income: $2360 Airbnb ROI: 4.12% Traditional ROI: 7.19%
3900 Yale Drive Lorain, OH Take this great opportunity to purchase a solid property in a desirable neighborhood. The ...	3 beds \| 2 baths \| 2,224 sq.ft.	$140,000	Airbnb cash on cash: 9.05% Traditional cash on cash: 9.41% Airbnb Rental Income: $2139 Traditional Rental Income: $1643 Airbnb ROI: 9.05% Traditional ROI: 9.41%
S/L 98 Arrowhead Street Lorain, OH NEW CONSTRUCTION! Do not miss out on this incredible opportunity to own a brand new home! ...	2 beds \| 1 baths \| 660 sq.ft.	$189,900	Airbnb cash on cash: 7.67% Traditional cash on cash: 5.37% Airbnb Rental Income: $2343 Traditional Rental Income: $1349 Airbnb ROI: 7.67% Traditional ROI: 5.37%
5420 Gargasz Drive Lorain, OH Get into Amherst schools for under $200K! Welcome home to 5420 Gargasz Dr in the Seven Pin...	3 beds \| 2 baths \| 1,488 sq.ft.	$190,000	Airbnb cash on cash: 6.23% Traditional cash on cash: 8.33% Airbnb Rental Income: $2139 Traditional Rental Income: $1973 Airbnb ROI: 6.23% Traditional ROI: 8.33%
S/L 99 Arrowhead Street Lorain, OH NEW CONSTRUCTION! Do not miss out on this incredible opportunity to own a brand new home! ...	2 beds \| 1 baths \| 818 sq.ft.	$199,900	Airbnb cash on cash: 7.25% Traditional cash on cash: 5.53% Airbnb Rental Income: $2343 Traditional Rental Income: $1438 Airbnb ROI: 7.25% Traditional ROI: 5.53%
S/L 97 Arrowhead Street Lorain, OH NEW CONSTRUCTION! Do not miss out on this incredible opportunity to own a brand new home! ...	3 beds \| 2 baths \| 1,120 sq.ft.	$229,900	Airbnb cash on cash: 5.41% Traditional cash on cash: 5.25% Airbnb Rental Income: $2139 Traditional Rental Income: $1559 Airbnb ROI: 5.41% Traditional ROI: 5.25%
S/L 100 Arrowhead Street Lorain, OH NEW CONSTRUCTION - Do not miss out on this incredible opportunity to own a brand new home!...	4 beds \| 3 baths \| 1,508 sq.ft.	$262,900	Airbnb cash on cash: 5.42% Traditional cash on cash: 7.22% Airbnb Rental Income: $2375 Traditional Rental Income: $2238 Airbnb ROI: 5.42% Traditional ROI: 7.22%
S/L 16 Astor Lane Lorain, OH Do not miss out on this incredible opportunity for a BRAND NEW HOME! Located within minute...	4 beds \| 3 baths \| 1,841 sq.ft.	$329,900	Airbnb cash on cash: 4.03% Traditional cash on cash: 6.04% Airbnb Rental Income: $2375 Traditional Rental Income: $2415 Airbnb ROI: 4.03% Traditional ROI: 6.04%
1123 W Erie Avenue Lorain, OH This beautifully maintained century home boasts loads of victorian charm with modern ameni...	3 beds \| 2 baths \| 1,870 sq.ft.	$168,900	Airbnb cash on cash: 7.53% Traditional cash on cash: 11.21% Airbnb Rental Income: $2139 Traditional Rental Income: $2186 Airbnb ROI: 7.53% Traditional ROI: 11.21%
1711 N Nantucket Drive Lorain, OH Welcome Home! This spacious split level in Amherst School District is up for grabs! Not on...	5 beds \| 2 baths \| 2,228 sq.ft.	$219,900	Airbnb cash on cash: 6.09% Traditional cash on cash: 9.37% Airbnb Rental Income: $2374 Traditional Rental Income: $2472 Airbnb ROI: 6.09% Traditional ROI: 9.37%
821 Red Hill Drive Lorain, OH Welcome to this delightful Cape Cod-style home nestled in the highly sought-after Knight S...	3 beds \| 3 baths \| 3,622 sq.ft.	$242,500	Airbnb cash on cash: 3.95% Traditional cash on cash: 6.34% Airbnb Rental Income: $2139 Traditional Rental Income: $2141 Airbnb ROI: 3.95% Traditional ROI: 6.34%
6864 Six Point Lane Lorain, OH Welcome home to 6864 Six Point Ln Lorain OH. This super sharp colonial is the best of bot...	4 beds \| 4 baths \| 3,224 sq.ft.	$395,500	Airbnb cash on cash: 2.61% Traditional cash on cash: 6.78% Airbnb Rental Income: $2375 Traditional Rental Income: $3335 Airbnb ROI: 2.61% Traditional ROI: 6.78%
929 W 29th Street Lorain, OH Cute'n Cozy Combo! This Bungalow style home offers a welcoming front porch where you can s...	3 beds \| 3 baths \| 1,148 sq.ft.	$167,900	Airbnb cash on cash: 7.58% Traditional cash on cash: 10.7% Airbnb Rental Income: $2139 Traditional Rental Income: $2093 Airbnb ROI: 7.58% Traditional ROI: 10.7%
1319 Douglas Court Lorain, OH Opportunity awaits with this larger 4 bedroom colonial. Built in 1970 with only one owner....	4 beds \| 3 baths \| 2,294 sq.ft.	$199,900	Airbnb cash on cash: 6.75% Traditional cash on cash: 8.81% Airbnb Rental Income: $2375 Traditional Rental Income: $2181 Airbnb ROI: 6.75% Traditional ROI: 8.81%
4627 Fields Way Lorain, OH Welcome to this meticulous and spacious ranch style home located in Martin's Run in Amher...	3 beds \| 2 baths \| 2,982 sq.ft.	$347,000	Airbnb cash on cash: 3.25% Traditional cash on cash: 5.2% Airbnb Rental Income: $2139 Traditional Rental Income: $2228 Airbnb ROI: 3.25% Traditional ROI: 5.2%

Real Estate investment in Lorain, OH

There are 81 properties for sale in the city of Lorain . The median list price in Lorain is $147,000 and the average price per square foot is $91. In November 2024, the average monthly cash on cash return in Lorain is 9.00%. The average monthly rental income in Lorain is $1,754.

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

There are 81 investment properties available for sale in Lorain.

In 2024, the best neighborhood to buy investment property is Lorain.

The ROI for Short-Term is higher than the Long-Term in Lorain with average rental income of $2,139.

Your search for investment property begins and ends here

Investment Property for Sale in Lorain, OH

4310 Carr Place

Lorain, OH

4 beds | 2 baths | 2,086 sq.ft.

$214,900

Airbnb cash on cash: 6.36%

Traditional cash on cash: 8.91%

Airbnb Rental Income: $2375

Traditional Rental Income: $2310

Airbnb ROI: 6.36%

Traditional ROI: 8.91%

4590 Fields Way

Lorain, OH

3 beds | 2 baths | 1,512 sq.ft.

$319,900

Airbnb cash on cash: 3.03%

Traditional cash on cash: 3.79%

Airbnb Rental Income: $2139

Traditional Rental Income: $1823

Airbnb ROI: 3.03%

Traditional ROI: 3.79%

4783 Hawk Lane

Lorain, OH

2 beds | 2 baths | 1,657 sq.ft.

$249,000

Airbnb cash on cash: 4.6%

Traditional cash on cash: 6.24%

Airbnb Rental Income: $2343

Traditional Rental Income: $2150

Airbnb ROI: 4.6%

Traditional ROI: 6.24%

309 Illinois Avenue

Lorain, OH

3 beds | 1 baths | 1,738 sq.ft.

$147,000

Airbnb cash on cash: 8.52%

Traditional cash on cash: 9.21%

Airbnb Rental Income: $2139

Traditional Rental Income: $1691

Airbnb ROI: 8.52%

Traditional ROI: 9.21%

3930 Martins Run Drive

Lorain, OH

3 beds | 3 baths | 2,694 sq.ft.

$295,000

Airbnb cash on cash: 3.12%

Traditional cash on cash: 5.35%

Airbnb Rental Income: $2139

Traditional Rental Income: $2214

Airbnb ROI: 3.12%

Traditional ROI: 5.35%

509 Appleseed Drive

Lorain, OH

3 beds | 2 baths | 1,768 sq.ft.

$248,000

Airbnb cash on cash: 4.49%

Traditional cash on cash: 6.6%

Airbnb Rental Income: $2139

Traditional Rental Income: $2089

Airbnb ROI: 4.49%

Traditional ROI: 6.6%

3623 Leavitt Road

Lorain, OH

3 beds | 2 baths | 1,040 sq.ft.

$182,000

Airbnb cash on cash: 6.73%

Traditional cash on cash: 6.52%

Airbnb Rental Income: $2139

Traditional Rental Income: $1557

Airbnb ROI: 6.73%

Traditional ROI: 6.52%

2123 G Street

Lorain, OH

3 beds | 1 baths | 900 sq.ft.

$149,900

Airbnb cash on cash: 8.54%

Traditional cash on cash: 6.34%

Airbnb Rental Income: $2139

Traditional Rental Income: $1278

Airbnb ROI: 8.54%