This study analyzes the structural, elastic, optical, and magnetic properties of nickel ferrite (NiFe2O4) nanoparticles prepared via the citrate sol-gel method, focusing on the effects of different annealing temperatures. Rietveld analysis confirmed the formation of a cubic spinel structure, with significant changes in cation distribution and an increase in saturation magnetization related to heat treatment. The findings suggest that annealing temperature notably influences the physical characteristics of the nanoparticles, which could enhance their applications in various fields such as magnetic hyperthermia and electronic devices.