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: -1.67% Traditional cash on cash: 2.69% Airbnb Rental Income: $1629 Traditional Rental Income: $5630 Airbnb ROI: -1.67% Traditional ROI: 2.69%
181 Lawrence Road Ogallala, NE This prime property is strategically located near Lake Mac Casino, Resort and Racetrack. H...	1 beds \| 1 baths \| 7,256 sq.ft.	$575,000	Airbnb cash on cash: -1.62% Traditional cash on cash: 0.56% Airbnb Rental Income: $563 Traditional Rental Income: $1455 Airbnb ROI: -1.62% Traditional ROI: 0.56%
519 East 1st Street Ogallala, NE 2025 ended on a high note with good gain! Revenue continues to climb! Restaurant, bar, mus...	1 beds \| 8 baths \| 29,634 sq.ft.	$930,000	Airbnb cash on cash: -1.38% Traditional cash on cash: 4.08% Airbnb Rental Income: $563 Traditional Rental Income: $5004 Airbnb ROI: -1.38% Traditional ROI: 4.08%
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: -0.71% Traditional cash on cash: 2.48% Airbnb Rental Income: $563 Traditional Rental Income: $1385 Airbnb ROI: -0.71% Traditional ROI: 2.48%
30 K-1 Road Ogallala, NE Lake Views & Spacious Living - 30 K-1 Subdivision, Ogallala, NE Enjoy the best of Lak...	4 beds \| 2 baths \| 2,016 sq.ft.	$625,000	Airbnb cash on cash: 0.86% Traditional cash on cash: 3.29% Airbnb Rental Income: $1724 Traditional Rental Income: $2664 Airbnb ROI: 0.86% Traditional ROI: 3.29%
709 East 3rd Street Ogallala, NE This beautiful house sits on 2 city lots, offers great curb appeal, a large detached garag...	4 beds \| 2 baths \| 2,772 sq.ft.	$359,000	Airbnb cash on cash: 1.73% Traditional cash on cash: 6.48% Airbnb Rental Income: $1724 Traditional Rental Income: $2851 Airbnb ROI: 1.73% Traditional ROI: 6.48%
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.	$116,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.06% Airbnb Rental Income: $null Traditional Rental Income: $1458 Airbnb ROI: N/A Traditional ROI: 10.06%
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.	$295,000	Airbnb cash on cash: -2.03% Traditional cash on cash: 3.9% Airbnb Rental Income: $563 Traditional Rental Income: $1926 Airbnb ROI: -2.03% Traditional ROI: 3.9%
66 K -1 Rd Ogallala, NE 66 K -1 Rd, Ogallala, NE 69153 \| Single Family Residential	4 beds \| N/A baths \| 6,060 sq.ft.	$899,000	Airbnb cash on cash: -1.34% Traditional cash on cash: -0.37% Airbnb Rental Income: $1724 Traditional Rental Income: $2059 Airbnb ROI: -1.34% Traditional ROI: -0.37%
906 Primrose Drive Ogallala, NE Beautiful brick tucked into a lovely, quiet street! This expansive ranch-style home featur...	4 beds \| 2 baths \| 3,438 sq.ft.	$299,000	Airbnb cash on cash: 2.2% Traditional cash on cash: 7.07% Airbnb Rental Income: $1724 Traditional Rental Income: $2618 Airbnb ROI: 2.2% Traditional ROI: 7.07%
2108 Warrior Drive Ogallala, NE This brand new home has been constructed with Thermocore Structural Insulated Panels. This...	3 beds \| 2 baths \| 3,252 sq.ft.	$377,000	Airbnb cash on cash: 0.33% Traditional cash on cash: 3.89% Airbnb Rental Income: $1629 Traditional Rental Income: $2428 Airbnb ROI: 0.33% Traditional ROI: 3.89%
2114 Warrior Drive Ogallala, NE This brand new home has been constructed with Thermocore Structural Insulated Panels. This...	2 beds \| 2 baths \| 2,928 sq.ft.	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.49% Airbnb Rental Income: $null Traditional Rental Income: $2598 Airbnb ROI: N/A Traditional ROI: 5.49%
212 West 4th Street Ogallala, NE Don't miss this charming bungalow filled with character! Featuring original hardwood floor...	3 beds \| 1 baths \| 2,282 sq.ft.	$169,000	Airbnb cash on cash: 4.86% Traditional cash on cash: 9.63% Airbnb Rental Income: $1629 Traditional Rental Income: $1937 Airbnb ROI: 4.86% Traditional ROI: 9.63%
407 West M. Ogallala, NE Quiet neighborhood with the Keith County Fairgrounds right in the backyard! This homes fea...	3 beds \| 2 baths \| 1,040 sq.ft.	$239,000	Airbnb cash on cash: 3.09% Traditional cash on cash: 5.79% Airbnb Rental Income: $1629 Traditional Rental Income: $1779 Airbnb ROI: 3.09% Traditional ROI: 5.79%
602 West Lawn Dr. Ogallala, NE Charming two bedroom, one bathroom home with 755 sq ft of efficient main-level living in a...	2 beds \| 1 baths \| 755 sq.ft.	$159,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.72% Airbnb Rental Income: $null Traditional Rental Income: $1374 Airbnb ROI: N/A Traditional ROI: 6.72%
204 West H Street Ogallala, NE Beautiful single-level home, completely updated! New updates since 2022 include new floori...	3 beds \| 2 baths \| 1,634 sq.ft.	$290,000	Airbnb cash on cash: 2.19% Traditional cash on cash: 6.58% Airbnb Rental Income: $1629 Traditional Rental Income: $2369 Airbnb ROI: 2.19% Traditional ROI: 6.58%
103 Wagon Trail Drive Ogallala, NE Searching for space? This home delivers! Boasting an updated kitchen with granite countert...	4 beds \| 3 baths \| 2,856 sq.ft.	$424,005	Airbnb cash on cash: 1.17% Traditional cash on cash: 6.09% Airbnb Rental Income: $1724 Traditional Rental Income: $3200 Airbnb ROI: 1.17% Traditional ROI: 6.09%
1319 East 4th Street Ogallala, NE Adorable home in great location! Updated bath with all drywall, 3 coats waterproofing, new...	2 beds \| 1 baths \| 1,378 sq.ft.	$210,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.81% Airbnb Rental Income: $null Traditional Rental Income: $1765 Airbnb ROI: N/A Traditional ROI: 6.81%
120 Road West 80 Ogallala, NE Rural living, located just minutes from town on 2.99 acres with no covenants. This spaciou...	4 beds \| 2 baths \| 1,976 sq.ft.	$469,900	Airbnb cash on cash: 1.54% Traditional cash on cash: 4.74% Airbnb Rental Income: $1724 Traditional Rental Income: $2654 Airbnb ROI: 1.54% Traditional ROI: 4.74%
1427 Ogallala Beach Road Ogallala, NE This exceptional lake home blends modern comfort with rugged, lake-ready functionality-per...	4 beds \| 4 baths \| 1,458 sq.ft.	$450,000	Airbnb cash on cash: 1.38% Traditional cash on cash: 4.82% Airbnb Rental Income: $1724 Traditional Rental Income: $2697 Airbnb ROI: 1.38% Traditional ROI: 4.82%
410 East A Street Ogallala, NE REMARKS: Very well located 1 1/2 story home with detached garage! Easy walking distance to...	2 beds \| 1 baths \| 1,766 sq.ft.	$149,500	Airbnb cash on cash: N/A Traditional cash on cash: 8.83% Airbnb Rental Income: $null Traditional Rental Income: $1723 Airbnb ROI: N/A Traditional ROI: 8.83%
409 West 30th Street Ogallala, NE Brand new home with 40' x 30' garage, one of the doors is 14' tall! The vaulted great room...	3 beds \| 2 baths \| 1,800 sq.ft.	$325,000	Airbnb cash on cash: 2.45% Traditional cash on cash: 7.14% Airbnb Rental Income: $1629 Traditional Rental Income: $2603 Airbnb ROI: 2.45% Traditional ROI: 7.14%
610 West 7th Street Ogallala, NE Seller is offering $3,000.00 Closing Cost Concession at closing! Spectacular renovation in...	2 beds \| 1 baths \| 1,508 sq.ft.	$188,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.63% Airbnb Rental Income: $null Traditional Rental Income: $1877 Airbnb ROI: N/A Traditional ROI: 8.63%
417 W 7th St Ogallala, NE 417 W 7th St, Ogallala, NE 69153 \| Single Family Residential	3 beds \| N/A baths \| 1,168 sq.ft.	$222,000	Airbnb cash on cash: 2.41% Traditional cash on cash: 5.33% Airbnb Rental Income: $1629 Traditional Rental Income: $1781 Airbnb ROI: 2.41% Traditional ROI: 5.33%

Real Estate investment in Ogallala, NE

There are 24 properties for sale in the city of Ogallala . The median list price in Ogallala is $78,900 and the average price per square foot is $23. In June 2026, the average monthly cash on cash return in Ogallala is 6.00%. The average monthly rental income in Ogallala is $2,428.

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

There are 24 investment properties available for sale in Ogallala.

In 2026, the best neighborhood to buy investment property is Ogallala.

The ROI for Long-Term is higher than the Short-Term in Ogallala with average rental income of $2,428.

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: -1.67%

Traditional cash on cash: 2.69%

Airbnb Rental Income: $1629

Traditional Rental Income: $5630

Airbnb ROI: -1.67%

Traditional ROI: 2.69%

181 Lawrence Road

Ogallala, NE

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

$575,000

Airbnb cash on cash: -1.62%

Traditional cash on cash: 0.56%

Airbnb Rental Income: $563

Traditional Rental Income: $1455

Airbnb ROI: -1.62%

Traditional ROI: 0.56%

519 East 1st Street

Ogallala, NE

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

$930,000

Airbnb cash on cash: -1.38%

Traditional cash on cash: 4.08%

Airbnb Rental Income: $563

Traditional Rental Income: $5004

Airbnb ROI: -1.38%

Traditional ROI: 4.08%

212 West 1st Street

Ogallala, NE

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

$369,000

Airbnb cash on cash: -0.71%

Traditional cash on cash: 2.48%

Airbnb Rental Income: $563

Traditional Rental Income: $1385

Airbnb ROI: -0.71%

Traditional ROI: 2.48%

30 K-1 Road

Ogallala, NE

4 beds | 2 baths | 2,016 sq.ft.

$625,000

Airbnb cash on cash: 0.86%

Traditional cash on cash: 3.29%

Airbnb Rental Income: $1724

Traditional Rental Income: $2664

Airbnb ROI: 0.86%

Traditional ROI: 3.29%

709 East 3rd Street

Ogallala, NE

4 beds | 2 baths | 2,772 sq.ft.

$359,000

Airbnb cash on cash: 1.73%

Traditional cash on cash: 6.48%

Airbnb Rental Income: $1724

Traditional Rental Income: $2851

Airbnb ROI: 1.73%

Traditional ROI: 6.48%

620 West G Street

Ogallala, NE

2 beds | 2 baths | 834 sq.ft.

$116,900

Airbnb cash on cash: N/A

Traditional cash on cash: 10.06%

Airbnb Rental Income: $null

Traditional Rental Income: $1458

Airbnb ROI: N/A

Traditional ROI: 10.06%

55 River Road

Ogallala, NE

1 beds | 2 baths | 7,435 sq.ft.

$295,000

Airbnb cash on cash: -2.03%

Traditional cash on cash: 3.9%

Airbnb Rental Income: $563

Traditional Rental Income: $1926

Airbnb ROI: -2.03%