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
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: -1.09% Traditional cash on cash: 0.01% Airbnb Rental Income: $875 Traditional Rental Income: $1455 Airbnb ROI: -1.09% 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: 1.4% Traditional cash on cash: 8.32% Airbnb Rental Income: $1055 Traditional Rental Income: $1908 Airbnb ROI: 1.4% Traditional ROI: 8.32%
519 East 1st Street Ogallala, NE Restaurnt, bar, museums, event/conference rooms, gift shop, office space and more! This be...	1 beds \| 8 baths \| 29,634 sq.ft.	$1,090,000	Airbnb cash on cash: -1.07% Traditional cash on cash: 3.34% Airbnb Rental Income: $875 Traditional Rental Income: $5004 Airbnb ROI: -1.07% 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: -0.02% Traditional cash on cash: 3.21% Airbnb Rental Income: $875 Traditional Rental Income: $1378 Airbnb ROI: -0.02% 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: -0.52% Traditional cash on cash: 8.43% Airbnb Rental Income: $883 Traditional Rental Income: $3240 Airbnb ROI: -0.52% 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: 0.04% Traditional cash on cash: 2.48% Airbnb Rental Income: $875 Traditional Rental Income: $1385 Airbnb ROI: 0.04% Traditional ROI: 2.48%
195 Koenig Drive Ogallala, NE Enjoy country living just minutes from town! New patio doors lead to new outdoor space and...	3 beds \| 3 baths \| 2,650 sq.ft.	$369,000	Airbnb cash on cash: -0.11% Traditional cash on cash: 6.64% Airbnb Rental Income: $1055 Traditional Rental Income: $3028 Airbnb ROI: -0.11% Traditional ROI: 6.64%
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.	$392,000	Airbnb cash on cash: -0.51% Traditional cash on cash: 6.47% Airbnb Rental Income: $883 Traditional Rental Income: $3114 Airbnb ROI: -0.51% Traditional ROI: 6.47%
815 East 6 Ogallala, NE Extremely updated well cared for home with over 2,800 square feet of living space offering...	4 beds \| 2 baths \| 2,836 sq.ft.	$399,000	Airbnb cash on cash: -0.46% Traditional cash on cash: 5.52% Airbnb Rental Income: $883 Traditional Rental Income: $2785 Airbnb ROI: -0.46% Traditional ROI: 5.52%
420 East D Street Ogallala, NE Don't miss this opportunity to own a fully remodeled, income-generating duplex in great lo...	N/A beds \| N/A baths \| N/A	$199,000	Airbnb cash on cash: -0.72% Traditional cash on cash: 6.99% Airbnb Rental Income: $488 Traditional Rental Income: $1674 Airbnb ROI: -0.72% Traditional ROI: 6.99%
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.	$395,000	Airbnb cash on cash: -0.8% Traditional cash on cash: 6.4% Airbnb Rental Income: $883 Traditional Rental Income: $3215 Airbnb ROI: -0.8% Traditional ROI: 6.4%
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.	$849,900	Airbnb cash on cash: 0.1% Traditional cash on cash: 3.06% Airbnb Rental Income: $1972 Traditional Rental Income: $3792 Airbnb ROI: 0.1% Traditional ROI: 3.06%
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: 1.55% Traditional cash on cash: 8.07% Airbnb Rental Income: $1055 Traditional Rental Income: $2079 Airbnb ROI: 1.55% 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: 0.52% Traditional cash on cash: 9.99% Airbnb Rental Income: $720 Traditional Rental Income: $1762 Airbnb ROI: 0.52% 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.	$369,000	Airbnb cash on cash: -0.37% Traditional cash on cash: 6.28% Airbnb Rental Income: $883 Traditional Rental Income: $2851 Airbnb ROI: -0.37% Traditional ROI: 6.28%
1008 West 8th Street Ogallala, NE All new in 2023! Move-in ready with modern finishes and timeless character. This charming ...	4 beds \| 2 baths \| 1,248 sq.ft.	$189,000	Airbnb cash on cash: 1.01% Traditional cash on cash: 10.51% Airbnb Rental Income: $883 Traditional Rental Income: $2254 Airbnb ROI: 1.01% Traditional ROI: 10.51%
1213 East 3rd Ogallala, NE Welcome to this updated home with large custom shop offering the perfect blend of modern c...	3 beds \| 3 baths \| 2,184 sq.ft.	$385,000	Airbnb cash on cash: -0.03% Traditional cash on cash: 3.78% Airbnb Rental Income: $1055 Traditional Rental Income: $2068 Airbnb ROI: -0.03% Traditional ROI: 3.78%
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: -0.52% Traditional cash on cash: 8.5% Airbnb Rental Income: $883 Traditional Rental Income: $3430 Airbnb ROI: -0.52% Traditional ROI: 8.5%
1016 East H Street Ogallala, NE This beautiful brick home is in a very desirable location. It features solid construction ...	3 beds \| 3 baths \| 2,130 sq.ft.	$324,000	Airbnb cash on cash: 0.04% Traditional cash on cash: 7.6% Airbnb Rental Income: $1055 Traditional Rental Income: $2993 Airbnb ROI: 0.04% Traditional ROI: 7.6%
210 West 2nd Street Ogallala, NE This Craftsman style home has many updates keeping with the original charm and character! ...	2 beds \| 2 baths \| 2,305 sq.ft.	$174,000	Airbnb cash on cash: 0.1% Traditional cash on cash: 11.71% Airbnb Rental Income: $720 Traditional Rental Income: $2336 Airbnb ROI: 0.1% Traditional ROI: 11.71%

Real Estate investment in Ogallala, NE

There are 20 properties for sale in the city of Ogallala . The median list price in Ogallala is $332,000 and the average price per square foot is $87. In November 2025, the average monthly cash on cash return in Ogallala is 7.00%. The average monthly rental income in Ogallala is $2,576.

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

There are 20 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 $883.

Your search for investment property begins and ends here

Investment Property for Sale in Ogallala, NE

181 Lawrence Road

Ogallala, NE

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

$895,000

Airbnb cash on cash: -1.09%

Traditional cash on cash: 0.01%

Airbnb Rental Income: $875

Traditional Rental Income: $1455

Airbnb ROI: -1.09%

Traditional ROI: 0.01%

706 West H Street

Ogallala, NE

3 beds | 2 baths | 720 sq.ft.

$185,000

Airbnb cash on cash: 1.4%

Traditional cash on cash: 8.32%

Airbnb Rental Income: $1055

Traditional Rental Income: $1908

Airbnb ROI: 1.4%

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: -1.07%

Traditional cash on cash: 3.34%

Airbnb Rental Income: $875

Traditional Rental Income: $5004

Airbnb ROI: -1.07%

Traditional ROI: 3.34%

402 East 1st Street

Ogallala, NE

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

$275,000

Airbnb cash on cash: -0.02%

Traditional cash on cash: 3.21%

Airbnb Rental Income: $875

Traditional Rental Income: $1378

Airbnb ROI: -0.02%

Traditional ROI: 3.21%

224 East 11th Street

Ogallala, NE

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

$319,900

Airbnb cash on cash: -0.52%

Traditional cash on cash: 8.43%

Airbnb Rental Income: $883

Traditional Rental Income: $3240

Airbnb ROI: -0.52%

Traditional ROI: 8.43%

212 West 1st Street

Ogallala, NE

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

$369,000

Airbnb cash on cash: 0.04%

Traditional cash on cash: 2.48%

Airbnb Rental Income: $875

Traditional Rental Income: $1385

Airbnb ROI: 0.04%

Traditional ROI: 2.48%

195 Koenig Drive

Ogallala, NE

3 beds | 3 baths | 2,650 sq.ft.

$369,000

Airbnb cash on cash: -0.11%

Traditional cash on cash: 6.64%

Airbnb Rental Income: $1055

Traditional Rental Income: $3028

Airbnb ROI: -0.11%

Traditional ROI: 6.64%

1525 East 11th Street

Ogallala, NE

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

$392,000

Airbnb cash on cash: -0.51%

Traditional cash on cash: 6.47%

Airbnb Rental Income: $883

Traditional Rental Income: $3114

Airbnb ROI: -0.51%