Real Estate Investment Properties for Sale in Ogallala, NE

Looking for investment property in Ogallala, NE with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
5 Lago Villa Ogallala, NE Click here to view a 3D tour of this property. This is an exceptional lake home located on...	3 beds \| 5 baths \| 4,689 sq.ft.	$1,100,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.69% Airbnb Rental Income: $null Traditional Rental Income: $5630 Airbnb ROI: N/A Traditional ROI: 2.69%
181 Lawrence Road Ogallala, NE Longtime family-owned auto repair shop centrally located along a busy corridor in Ogallala...	1 beds \| 1 baths \| 7,256 sq.ft.	$895,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.01% Airbnb Rental Income: $null Traditional Rental Income: $1455 Airbnb ROI: N/A Traditional ROI: 0.01%
706 West H Street Ogallala, NE This home was remodeled with new roof, gutters, siding, carpet and paint several years ago...	3 beds \| 2 baths \| 720 sq.ft.	$185,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.32% Airbnb Rental Income: $null Traditional Rental Income: $1908 Airbnb ROI: N/A Traditional ROI: 8.32%
519 East 1st Street Ogallala, NE Restaurant, bar, museums, event/conference rooms, gift shop, office space and more! This b...	1 beds \| 8 baths \| 29,634 sq.ft.	$1,090,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.34% Airbnb Rental Income: $null Traditional Rental Income: $5004 Airbnb ROI: N/A Traditional ROI: 3.34%
402 East 1st Street Ogallala, NE Excellent location! Building for sale with office, equipment storage, material storage, an...	1 beds \| 1 baths \| 3,024 sq.ft.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.21% Airbnb Rental Income: $null Traditional Rental Income: $1378 Airbnb ROI: N/A Traditional ROI: 3.21%
224 East 11th Street Ogallala, NE Beautiful mid-century home on huge lot! Living room has vaulted ceilings with gorgeous woo...	4 beds \| 3 baths \| 3,588 sq.ft.	$319,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.43% Airbnb Rental Income: $null Traditional Rental Income: $3240 Airbnb ROI: N/A Traditional ROI: 8.43%
212 West 1st Street Ogallala, NE Welcome to this modern and energy-efficient commerical building that offers a beautifully ...	1 beds \| 1 baths \| 1,000 sq.ft.	$369,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.48% Airbnb Rental Income: $null Traditional Rental Income: $1385 Airbnb ROI: N/A Traditional ROI: 2.48%
1525 East 11th Street Ogallala, NE Immaculate updated 4 bedroom, 3-bathroom home offering the perfect blend of comfort, style...	4 beds \| 3 baths \| 2,468 sq.ft.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.8% Airbnb Rental Income: $null Traditional Rental Income: $3114 Airbnb ROI: N/A Traditional ROI: 6.8%
712 Elmwood Drive Ogallala, NE This beautiful brick home has new carpet and LVP flooring throughout! Located in a nice, q...	4 beds \| 3 baths \| 3,342 sq.ft.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.79% Airbnb Rental Income: $null Traditional Rental Income: $3215 Airbnb ROI: N/A Traditional ROI: 6.79%
125 Highway 26 West Ogallala, NE Stunning modern farmhouse on acreage on edge of town, only 4 miles from Lake McConaughy! T...	5 beds \| 4 baths \| 3,668 sq.ft.	$799,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.31% Airbnb Rental Income: $null Traditional Rental Income: $3792 Airbnb ROI: N/A Traditional ROI: 3.31%
705 West 5th Street Ogallala, NE Charming, renovated, 3-bedroom bungalow with detached garage and modern upgrades! Fall in ...	3 beds \| 2 baths \| 1,152 sq.ft.	$225,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.07% Airbnb Rental Income: $null Traditional Rental Income: $2079 Airbnb ROI: N/A Traditional ROI: 8.07%
414 East A Street Ogallala, NE You have to view this adorable bungalow to see how roomy and well-planned the spaces are i...	2 beds \| 1 baths \| 1,144 sq.ft.	$149,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.99% Airbnb Rental Income: $null Traditional Rental Income: $1762 Airbnb ROI: N/A Traditional ROI: 9.99%
709 East 3rd Street Ogallala, NE This beautiful old house sits on 2 city lots, offers great curb appeal, a large detached g...	4 beds \| 2 baths \| 2,772 sq.ft.	$359,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.48% Airbnb Rental Income: $null Traditional Rental Income: $2851 Airbnb ROI: N/A Traditional ROI: 6.48%
1231 East A Street Ogallala, NE Step back in time with this beautifully maintained 1950's brick home. Full of character an...	4 beds \| 3 baths \| 3,760 sq.ft.	$340,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.5% Airbnb Rental Income: $null Traditional Rental Income: $3430 Airbnb ROI: N/A Traditional ROI: 8.5%
620 West G Street Ogallala, NE There is plenty of room to grow on this large, fenced corner lot! The comfortable home fea...	2 beds \| 2 baths \| 834 sq.ft.	$121,500	Airbnb cash on cash: N/A Traditional cash on cash: 9.66% Airbnb Rental Income: $null Traditional Rental Income: $1458 Airbnb ROI: N/A Traditional ROI: 9.66%
416 East 7th Street Ogallala, NE Check out this spacious and meticulously cared-for bungalow featuring 4 bedrooms and 2 ful...	4 beds \| 2 baths \| 2,058 sq.ft.	$240,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.68% Airbnb Rental Income: $null Traditional Rental Income: $2717 Airbnb ROI: N/A Traditional ROI: 9.68%
55 River Road Ogallala, NE Large commercial building on 1+ acre in a prime location! This building was most recently ...	1 beds \| 2 baths \| 7,435 sq.ft.	$575,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.54% Airbnb Rental Income: $null Traditional Rental Income: $1926 Airbnb ROI: N/A Traditional ROI: 1.54%
625 East M Ogallala, NE This nice home sits on a large corner lot in an excellent location! Updated kitchen, 2 ful...	4 beds \| 2 baths \| 2,016 sq.ft.	$229,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.02% Airbnb Rental Income: $null Traditional Rental Income: $2665 Airbnb ROI: N/A Traditional ROI: 10.02%

Real Estate investment in Ogallala, NE

There are 18 properties for sale in the city of Ogallala . The median list price in Ogallala is $340,000 and the average price per square foot is $79. In December 2025, the average monthly cash on cash return in Ogallala is 7.00%. The average monthly rental income in Ogallala is $2,665.

Ogallala, NE Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 18 investment properties available for sale in Ogallala.

In 2025, the best neighborhood to buy investment property is Ogallala.

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

Your search for investment property begins and ends here

Investment Property for Sale in Ogallala, NE

5 Lago Villa

Ogallala, NE

3 beds | 5 baths | 4,689 sq.ft.

$1,100,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.69%

Airbnb Rental Income: $null

Traditional Rental Income: $5630

Airbnb ROI: N/A

Traditional ROI: 2.69%

181 Lawrence Road

Ogallala, NE

1 beds | 1 baths | 7,256 sq.ft.

$895,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.01%

Airbnb Rental Income: $null

Traditional Rental Income: $1455

Airbnb ROI: N/A

Traditional ROI: 0.01%

706 West H Street

Ogallala, NE

3 beds | 2 baths | 720 sq.ft.

$185,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.32%

Airbnb Rental Income: $null

Traditional Rental Income: $1908

Airbnb ROI: N/A

Traditional ROI: 8.32%

519 East 1st Street

Ogallala, NE

1 beds | 8 baths | 29,634 sq.ft.

$1,090,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.34%

Airbnb Rental Income: $null

Traditional Rental Income: $5004

Airbnb ROI: N/A

Traditional ROI: 3.34%

402 East 1st Street

Ogallala, NE

1 beds | 1 baths | 3,024 sq.ft.

$275,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.21%

Airbnb Rental Income: $null

Traditional Rental Income: $1378

Airbnb ROI: N/A

Traditional ROI: 3.21%

224 East 11th Street

Ogallala, NE

4 beds | 3 baths | 3,588 sq.ft.

$319,900

Airbnb cash on cash: N/A

Traditional cash on cash: 8.43%

Airbnb Rental Income: $null

Traditional Rental Income: $3240

Airbnb ROI: N/A

Traditional ROI: 8.43%

212 West 1st Street

Ogallala, NE

1 beds | 1 baths | 1,000 sq.ft.

$369,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.48%

Airbnb Rental Income: $null

Traditional Rental Income: $1385

Airbnb ROI: N/A

Traditional ROI: 2.48%

1525 East 11th Street

Ogallala, NE

4 beds | 3 baths | 2,468 sq.ft.

$375,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.8%

Airbnb Rental Income: $null

Traditional Rental Income: $3114

Airbnb ROI: N/A