Real Estate Investment Properties for Sale in Colby, KS

Looking for investment property in Colby, KS with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1215 W 3rd St Colby, KS OPPORTUNITY! This newly listed bungalow style home offers much! The 2 bedrooms, 1 bath ho...	2 beds \| 1 baths \| 996 sq.ft.	$134,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.5% Airbnb Rental Income: $null Traditional Rental Income: $1632 Airbnb ROI: N/A Traditional ROI: 9.5%
1750 Sewell Ave Colby, KS This beautiful home was built in 2019. It features several upgrades, and you will truly fa...	5 beds \| 3 baths \| 1,536 sq.ft.	$355,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.45% Airbnb Rental Income: $null Traditional Rental Income: $2483 Airbnb ROI: N/A Traditional ROI: 4.45%
424 Smith Dr Colby, KS Multi-level Contemporary Home Open Floor Plan on main floor *Lower level features fami...	5 beds \| 4 baths \| 3,002 sq.ft.	$395,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.97% Airbnb Rental Income: $null Traditional Rental Income: $3934 Airbnb ROI: N/A Traditional ROI: 7.97%
Investment Properties for Sale in Other Cities of Kansas
3004 Amber Street Dodge City , KS This spacious and well-maintained home offers 1,524 sq ft on the main level and an additio...	3 beds \| 2 baths \| 1,524 sq.ft.	$320,000	Airbnb cash on cash: -0.06% Traditional cash on cash: 3.74% Airbnb Rental Income: $1044 Traditional Rental Income: $1823 Airbnb ROI: -0.06% Traditional ROI: 3.74%
12546 AUGUSTA Drive Kansas City , KS Overlooking Dubâs Dread Golf Course on a quiet dead-end street, this updated 4 bed, 3 ba...	4 beds \| 3 baths \| 3,144 sq.ft.	$439,000	Airbnb cash on cash: 1.36% Traditional cash on cash: 4.75% Airbnb Rental Income: $1977 Traditional Rental Income: $2850 Airbnb ROI: 1.36% Traditional ROI: 4.75%
21213 W 113th Place Olathe , KS Welcome to this beautifully designed home in sought-after west Olathe. The open-concept la...	5 beds \| 4 baths \| 3,691 sq.ft.	$598,500	Airbnb cash on cash: 1.55% Traditional cash on cash: 3.72% Airbnb Rental Income: $3050 Traditional Rental Income: $3564 Airbnb ROI: 1.55% Traditional ROI: 3.72%
11606 Lucille Street Overland Park , KS Highcroft two-story thatâs set up for real life. Four bedrooms on one level keep bedtime...	4 beds \| 3 baths \| 2,300 sq.ft.	$430,000	Airbnb cash on cash: 1.98% Traditional cash on cash: 4.4% Airbnb Rental Income: $2220 Traditional Rental Income: $2634 Airbnb ROI: 1.98% Traditional ROI: 4.4%
10600 W 101st Terrace Overland Park , KS SUPER STYLISH HOME IN DESIRABLE OAK PARK NEIGHBORHOOD! So much CHARM and CHARACTER i...	4 beds \| 3 baths \| 3,004 sq.ft.	$435,000	Airbnb cash on cash: 1.45% Traditional cash on cash: 5.5% Airbnb Rental Income: $2220 Traditional Rental Income: $3311 Airbnb ROI: 1.45% Traditional ROI: 5.5%
8130 W 131st Court Overland Park , KS Welcome to Cottages at Woodridge! This immaculate three-bedroom, two-bath townhome offers ...	3 beds \| 2 baths \| 2,255 sq.ft.	$564,950	Airbnb cash on cash: -0.84% Traditional cash on cash: 0.19% Airbnb Rental Income: $1665 Traditional Rental Income: $1741 Airbnb ROI: -0.84% Traditional ROI: 0.19%
18201 W 157th Terrace Olathe , KS This spacious 4-bedroom, 3-bath home sits proudly on a large corner lot and features a 3-c...	4 beds \| 3 baths \| 2,710 sq.ft.	$457,000	Airbnb cash on cash: 4.03% Traditional cash on cash: 4.64% Airbnb Rental Income: $3399 Traditional Rental Income: $2907 Airbnb ROI: 4.03% Traditional ROI: 4.64%
209 Yorkshire Dr Lawrence , KS This beautifully updated home in Lawrence, KS is ready for you! If you're looking for a cl...	4 beds \| 2 baths \| 2,044 sq.ft.	$340,000	Airbnb cash on cash: 2.91% Traditional cash on cash: 4.65% Airbnb Rental Income: $2272 Traditional Rental Income: $2261 Airbnb ROI: 2.91% Traditional ROI: 4.65%
1214 Crestline Drive Lawrence , KS Beautiful home centrally located! Move in ready with lots of updates. 3 bed/3 bath home wi...	3 beds \| 3 baths \| N/A	$460,000	Airbnb cash on cash: 0.08% Traditional cash on cash: 4.66% Airbnb Rental Income: $1266 Traditional Rental Income: $2836 Airbnb ROI: 0.08% Traditional ROI: 4.66%
12838 E Cherry Creek Ct Wichita , KS Look at this great 4 bedroom 3 bath home on a corner cull-du-sac lot! Hardwood floors gree...	4 beds \| 3 baths \| 2,788 sq.ft.	$384,900	Airbnb cash on cash: 1.71% Traditional cash on cash: 5.27% Airbnb Rental Income: $2026 Traditional Rental Income: $2784 Airbnb ROI: 1.71% Traditional ROI: 5.27%
15320 W 92nd Place Lenexa , KS Colonial Elegance in Beautiful Lenexa. Discover timeless charm and modern comfort in this ...	4 beds \| 3 baths \| 3,112 sq.ft.	$400,000	Airbnb cash on cash: 2.81% Traditional cash on cash: 6.45% Airbnb Rental Income: $2507 Traditional Rental Income: $3264 Airbnb ROI: 2.81% Traditional ROI: 6.45%
31812 W 172ND Street Gardner , KS Beautiful 2 story Gardner home with open concept main floor featuring a great room with fi...	4 beds \| 4 baths \| 1,907 sq.ft.	$395,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.93% Airbnb Rental Income: $null Traditional Rental Income: $2521 Airbnb ROI: N/A Traditional ROI: 4.93%
18612 W 319th Street Paola , KS Looking for country charm with a side of character? This 3-bedroom, 1-bath cutie on nearly...	3 beds \| 1 baths \| 1,113 sq.ft.	$315,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.07% Airbnb Rental Income: $null Traditional Rental Income: $1744 Airbnb ROI: N/A Traditional ROI: 4.07%
217 W Warren Avenue Garnett , KS Ranch style home with 3 bedrooms and 2 bathrooms. Kitchen/dining combo. Kitchen has lots...	3 beds \| 2 baths \| 1,392 sq.ft.	$189,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.4% Airbnb Rental Income: $null Traditional Rental Income: $2125 Airbnb ROI: N/A Traditional ROI: 9.4%

Real Estate investment in Colby, KS

There are 3 properties for sale in the city of Colby . The median list price in Colby is $244,950 and the average price per square foot is $147. In September 2025, the average monthly cash on cash return in Colby is 9.00%. The average monthly rental income in Colby is $2,095.

Colby, KS Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 3 investment properties available for sale in Colby.

The ROI for Short-Term is higher than the Long-Term in Colby with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Colby, KS

1215 W 3rd St

Colby, KS

2 beds | 1 baths | 996 sq.ft.

$134,900

Airbnb cash on cash: N/A

Traditional cash on cash: 9.5%

Airbnb Rental Income: $null

Traditional Rental Income: $1632

Airbnb ROI: N/A

Traditional ROI: 9.5%

1750 Sewell Ave

Colby, KS

5 beds | 3 baths | 1,536 sq.ft.

$355,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.45%

Airbnb Rental Income: $null

Traditional Rental Income: $2483

Airbnb ROI: N/A

Traditional ROI: 4.45%

424 Smith Dr

Colby, KS

5 beds | 4 baths | 3,002 sq.ft.

$395,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.97%

Airbnb Rental Income: $null

Traditional Rental Income: $3934

Airbnb ROI: N/A

Traditional ROI: 7.97%

Investment Properties for Sale in Other Cities of Kansas

Dodge City , KS

3 beds | 2 baths | 1,524 sq.ft.

$320,000

Airbnb cash on cash: -0.06%

Traditional cash on cash: 3.74%

Airbnb Rental Income: $1044

Traditional Rental Income: $1823

Airbnb ROI: -0.06%

Traditional ROI: 3.74%

Kansas City , KS

4 beds | 3 baths | 3,144 sq.ft.

$439,000

Airbnb cash on cash: 1.36%

Traditional cash on cash: 4.75%

Airbnb Rental Income: $1977

Traditional Rental Income: $2850

Airbnb ROI: 1.36%

Traditional ROI: 4.75%

Olathe , KS

5 beds | 4 baths | 3,691 sq.ft.

$598,500

Airbnb cash on cash: 1.55%

Traditional cash on cash: 3.72%

Airbnb Rental Income: $3050

Traditional Rental Income: $3564

Airbnb ROI: 1.55%

Traditional ROI: 3.72%

Overland Park , KS

4 beds | 3 baths | 2,300 sq.ft.

$430,000

Airbnb cash on cash: 1.98%

Traditional cash on cash: 4.4%

Airbnb Rental Income: $2220

Traditional Rental Income: $2634

Airbnb ROI: 1.98%

Traditional ROI: 4.4%

Overland Park , KS

4 beds | 3 baths | 3,004 sq.ft.

$435,000

Airbnb cash on cash: 1.45%

Traditional cash on cash: 5.5%

Airbnb Rental Income: $2220

Traditional Rental Income: $3311

Airbnb ROI: 1.45%

Traditional ROI: 5.5%

Overland Park , KS

3 beds | 2 baths | 2,255 sq.ft.

$564,950