Real Estate Investment Properties for Sale in Gray, GA

Looking for investment property in Gray, GA with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
151 Bateman Lane Gray, GA Charming 3-Bedroom Home on Over an Acre - A Perfect Blend of Comfort & Space Welcome to...	3 beds \| 3 baths \| N/A	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.16% Airbnb Rental Income: $null Traditional Rental Income: $2439 Airbnb ROI: N/A Traditional ROI: 5.16%
1097 Monticello Highway Gray, GA This is Home. Spacious yet Cozy home nestled in the middle of over 6 acres boasts all the ...	3 beds \| 4 baths \| 3,411 sq.ft.	$599,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.81% Airbnb Rental Income: $null Traditional Rental Income: $2735 Airbnb ROI: N/A Traditional ROI: 2.81%
734 Natures Walk Gray, GA Welcome to this beautiful 3-bedroom, 2.5-bath home located in the desirable Nature's Walk ...	3 beds \| 3 baths \| 1,656 sq.ft.	$274,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.98% Airbnb Rental Income: $null Traditional Rental Income: $2132 Airbnb ROI: N/A Traditional ROI: 5.98%
182 Railroad Street Gray, GA Spacious 4 Bed, 3 Bath Home in the Heart of Gray, GA! Welcome to this beautifully desig...	4 beds \| 3 baths \| 2,472 sq.ft.	$359,900	Airbnb cash on cash: 5.92% Traditional cash on cash: 6.7% Airbnb Rental Income: $3193 Traditional Rental Income: $2737 Airbnb ROI: 5.92% Traditional ROI: 6.7%
303 Tumbling Shoals Court Gray, GA Nestled on an expansive 4.3-acre parcel, this riverfront sanctuary boasts 194 feet of pris...	5 beds \| 5 baths \| 3,429 sq.ft.	$749,900	Airbnb cash on cash: 3.66% Traditional cash on cash: 4.85% Airbnb Rental Income: $5010 Traditional Rental Income: $4818 Airbnb ROI: 3.66% Traditional ROI: 4.85%
236 Old Clinton Road Gray, GA Restored 1916 Gem on 1 Acre in GrayExperience timeless craftsmanship in this beautifully r...	3 beds \| 3 baths \| 1,645 sq.ft.	$274,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.86% Airbnb Rental Income: $null Traditional Rental Income: $2310 Airbnb ROI: N/A Traditional ROI: 6.86%
270 Katherine Drive Gray, GA Gorgeous New Construction on over an acre lot in Jones County!****The builder is offering...	3 beds \| 4 baths \| 2,138 sq.ft.	$346,500	Airbnb cash on cash: N/A Traditional cash on cash: 7.09% Airbnb Rental Income: $null Traditional Rental Income: $2745 Airbnb ROI: N/A Traditional ROI: 7.09%
177 Patton Road Gray, GA Peaceful Country Living with Room to Roam!Welcome home to this charming 3-bedroom, 2-bath ...	3 beds \| 2 baths \| 1,821 sq.ft.	$202,500	Airbnb cash on cash: N/A Traditional cash on cash: 8.28% Airbnb Rental Income: $null Traditional Rental Income: $1902 Airbnb ROI: N/A Traditional ROI: 8.28%
143 Ragan Drive Gray, GA This 3-bedroom, 2-bath home sits on over an acre and is conveniently located near Gray and...	3 beds \| 2 baths \| 1,392 sq.ft.	$229,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.11% Airbnb Rental Income: $null Traditional Rental Income: $1723 Airbnb ROI: N/A Traditional ROI: 6.11%
891 Plantation Club Drive Gray, GA Lots of potential here! 2-Story All Brick home with stately and inviting exterior in fanta...	4 beds \| 4 baths \| 3,952 sq.ft.	$399,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.86% Airbnb Rental Income: $null Traditional Rental Income: $3328 Airbnb ROI: N/A Traditional ROI: 6.86%
153 Spruce Lane Gray, GA Welcome to your dream home in one of Jones County's most desirable neighborhoods, The Pine...	5 beds \| 3 baths \| 2,964 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.68% Airbnb Rental Income: $null Traditional Rental Income: $2643 Airbnb ROI: N/A Traditional ROI: 4.68%
202 Railroad Street Gray, GA This beautiful 4-bedroom, 3-bathroom home is perfectly situated in the heart of Gray. The ...	4 beds \| 3 baths \| 2,522 sq.ft.	$374,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.01% Airbnb Rental Income: $null Traditional Rental Income: $2603 Airbnb ROI: N/A Traditional ROI: 6.01%
206 Railroad Street Gray, GA This stunning home, perfectly situated in the heart of Gray, offers 5 bedrooms and 3 bathr...	5 beds \| 3 baths \| 2,516 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.64% Airbnb Rental Income: $null Traditional Rental Income: $2626 Airbnb ROI: N/A Traditional ROI: 5.64%
793 Greene Settlement Gray, GA Looking for peace and quiet but close to town? Look no more! Located in Jones County, this...	3 beds \| 3 baths \| 3,928 sq.ft.	$385,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.74% Airbnb Rental Income: $null Traditional Rental Income: $2195 Airbnb ROI: N/A Traditional ROI: 3.74%
1045 Plantation Club Circle Gray, GA Welcome to your dream home nestled on just over two and a half private acres! This spaciou...	4 beds \| 3 baths \| 4,158 sq.ft.	$499,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.36% Airbnb Rental Income: $null Traditional Rental Income: $2495 Airbnb ROI: N/A Traditional ROI: 3.36%
156 Rose Down Avenue Gray, GA Great location in the Creekside Subdivision in Jones County, GA! Pond, main house, guest h...	3 beds \| 3 baths \| 2,408 sq.ft.	$230,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.67% Airbnb Rental Income: $null Traditional Rental Income: $2395 Airbnb ROI: N/A Traditional ROI: 8.67%
124 Ridgecrest Place Gray, GA Welcome to 124 Ridgecrest Place â a spacious and inviting 4-bedroom, 3-bathroom home des...	4 beds \| 3 baths \| 2,651 sq.ft.	$455,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.2% Airbnb Rental Income: $null Traditional Rental Income: $3111 Airbnb ROI: N/A Traditional ROI: 5.2%
124 Ridgecrest Gray, GA Welcome to 124 Ridgecrest Place - a spacious and inviting 4-bedroom, 3-bathroom home desig...	4 beds \| 3 baths \| 2,651 sq.ft.	$450,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.17% Airbnb Rental Income: $null Traditional Rental Income: $2675 Airbnb ROI: N/A Traditional ROI: 4.17%
318 Walnut Grove Gray, GA Discover the perfect blend of elegance and comfort at 318 Walnut Grove, a stunning home ne...	4 beds \| 3 baths \| 2,423 sq.ft.	$385,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.77% Airbnb Rental Income: $null Traditional Rental Income: $2516 Airbnb ROI: N/A Traditional ROI: 4.77%
408 Railroad St Gray, GA 5-bedroom, 5-bath home in the heart of Gray, GA, offering exceptional space and style in o...	5 beds \| 5 baths \| 4,440 sq.ft.	$389,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.25% Airbnb Rental Income: $null Traditional Rental Income: $4627 Airbnb ROI: N/A Traditional ROI: 10.25%
408 Railroad Gray, GA 5-bedroom, 5-bath home in the heart of Gray, GA, offering exceptional space and style in o...	5 beds \| 5 baths \| 4,440 sq.ft.	$389,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.03% Airbnb Rental Income: $null Traditional Rental Income: $4545 Airbnb ROI: N/A Traditional ROI: 10.03%
151 Oakview Circle Gray, GA Welcome to this peaceful 4 bedroom, 2 bath home nestled on a spacious lot in desirable Jon...	4 beds \| 2 baths \| 1,898 sq.ft.	$289,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.92% Airbnb Rental Income: $null Traditional Rental Income: $2161 Airbnb ROI: N/A Traditional ROI: 5.92%
193 Virginia Gray, GA Welcome to 193 Virginia Ave, a stunning 3-bedroom, 2-bathroom home in Gray. Spanning 2,188...	3 beds \| 2 baths \| 2,188 sq.ft.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.07% Airbnb Rental Income: $null Traditional Rental Income: $2259 Airbnb ROI: N/A Traditional ROI: 6.07%
403 Stewart Farm Gray, GA Where history meets wide-open spaces-this 1900 farmhouse sits on over 120 acres of unspoil...	3 beds \| 2 baths \| 2,860 sq.ft.	$1,492,500	Airbnb cash on cash: N/A Traditional cash on cash: 0.15% Airbnb Rental Income: $null Traditional Rental Income: $2179 Airbnb ROI: N/A Traditional ROI: 0.15%
193 Virginia Avenue Gray, GA Welcome to 193 Virginia Ave, a stunning 3-bedroom, 2-bathroom home in Gray. Spanning 2,188...	3 beds \| 2 baths \| 2,188 sq.ft.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.35% Airbnb Rental Income: $null Traditional Rental Income: $2297 Airbnb ROI: N/A Traditional ROI: 6.35%
229 Lite N Tie Road Gray, GA This property is located in a very accessible and nice area in Gray, GA. Experience the s...	4 beds \| 3 baths \| 2,256 sq.ft.	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.76% Airbnb Rental Income: $null Traditional Rental Income: $2582 Airbnb ROI: N/A Traditional ROI: 5.76%
1971 Highway 49 Gray, GA Exquisite Custom Barndominium on 74+ Acres - Gray, GA Embrace the pinnacle of country luxu...	1 beds \| 2 baths \| 2,852 sq.ft.	$1,500,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.13% Airbnb Rental Income: $null Traditional Rental Income: $2224 Airbnb ROI: N/A Traditional ROI: 0.13%
255 Katherine Drive Gray, GA Looking for a home that checks all the boxes? Welcome to 255 Katherine Drive, where space...	3 beds \| 3 baths \| 2,122 sq.ft.	$324,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.64% Airbnb Rental Income: $null Traditional Rental Income: $2344 Airbnb ROI: N/A Traditional ROI: 5.64%
130 Allan Green Drive Gray, GA Experience Affordable New Construction in Cedar Springs! This stunning 4-bedroom, 2.5-bath...	4 beds \| 3 baths \| 1,807 sq.ft.	$297,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.9% Airbnb Rental Income: $null Traditional Rental Income: $2280 Airbnb ROI: N/A Traditional ROI: 5.9%
136 Fortville Gray, GA Exquisite Waterfront Luxury Estate on 20.77 Acres Experience unparalleled elegance in thi...	4 beds \| 4 baths \| 3,068 sq.ft.	$795,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.13% Airbnb Rental Income: $null Traditional Rental Income: $2898 Airbnb ROI: N/A Traditional ROI: 2.13%
176 Tumbling Shoals Drive Gray, GA This 4-bedroom, 4.5-bath riverfront home showcases soaring vaulted ceilings, extensive cro...	4 beds \| 5 baths \| 7,990 sq.ft.	$789,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.78% Airbnb Rental Income: $null Traditional Rental Income: $4422 Airbnb ROI: N/A Traditional ROI: 3.78%
136 Fortville Rd Gray, GA Exquisite Waterfront Luxury Estate on 20.77 Acres Experience unparalleled elegance in this...	4 beds \| 4 baths \| 3,746 sq.ft.	$795,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.73% Airbnb Rental Income: $null Traditional Rental Income: $3970 Airbnb ROI: N/A Traditional ROI: 3.73%
169 Maynard Gray, GA Discover the perfect blend of comfort, privacy, and natural beauty with this stunning home...	3 beds \| 3 baths \| 2,499 sq.ft.	$495,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.71% Airbnb Rental Income: $null Traditional Rental Income: $2673 Airbnb ROI: N/A Traditional ROI: 3.71%
133 Oakview Gray, GA Welcome home to this warm and inviting 3-bedroom, 3 & 1/2-bath home tucked away in the qui...	3 beds \| 4 baths \| 2,500 sq.ft.	$344,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.22% Airbnb Rental Income: $null Traditional Rental Income: $2695 Airbnb ROI: N/A Traditional ROI: 6.22%
332 Hickory Gray, GA Welcome to 332 Hickory Ln - a stunning retreat offering luxury, space, and comfort. This e...	4 beds \| 4 baths \| 2,976 sq.ft.	$565,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.82% Airbnb Rental Income: $null Traditional Rental Income: $3037 Airbnb ROI: N/A Traditional ROI: 3.82%
332 Hickory Lane Gray, GA Welcome to 332 Hickory Ln - a stunning retreat offering luxury, space, and comfort. This e...	5 beds \| 4 baths \| 2,976 sq.ft.	$565,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.65% Airbnb Rental Income: $null Traditional Rental Income: $3456 Airbnb ROI: N/A Traditional ROI: 4.65%

Real Estate investment in Gray, GA

There are 36 properties for sale in the city of Gray . The median list price in Gray is $387,000 and the average price per square foot is $134. In October 2025, the average monthly cash on cash return in Gray is 6.00%. The average monthly rental income in Gray is $2,603.

Gray, GA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 36 investment properties available for sale in Gray.

The ROI for Long-Term is higher than the Short-Term in Gray with average rental income of $2,603.

Your search for investment property begins and ends here

Investment Property for Sale in Gray, GA

151 Bateman Lane

Gray, GA

3 beds | 3 baths | N/A

$350,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.16%

Airbnb Rental Income: $null

Traditional Rental Income: $2439

Airbnb ROI: N/A

Traditional ROI: 5.16%

1097 Monticello Highway

Gray, GA

3 beds | 4 baths | 3,411 sq.ft.

$599,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.81%

Airbnb Rental Income: $null

Traditional Rental Income: $2735

Airbnb ROI: N/A

Traditional ROI: 2.81%

734 Natures Walk

Gray, GA

3 beds | 3 baths | 1,656 sq.ft.

$274,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.98%

Airbnb Rental Income: $null

Traditional Rental Income: $2132

Airbnb ROI: N/A

Traditional ROI: 5.98%

182 Railroad Street

Gray, GA

4 beds | 3 baths | 2,472 sq.ft.

$359,900

Airbnb cash on cash: 5.92%

Traditional cash on cash: 6.7%

Airbnb Rental Income: $3193

Traditional Rental Income: $2737

Airbnb ROI: 5.92%

Traditional ROI: 6.7%

303 Tumbling Shoals Court

Gray, GA

5 beds | 5 baths | 3,429 sq.ft.

$749,900

Airbnb cash on cash: 3.66%

Traditional cash on cash: 4.85%

Airbnb Rental Income: $5010

Traditional Rental Income: $4818

Airbnb ROI: 3.66%

Traditional ROI: 4.85%

236 Old Clinton Road

Gray, GA

3 beds | 3 baths | 1,645 sq.ft.

$274,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.86%

Airbnb Rental Income: $null

Traditional Rental Income: $2310

Airbnb ROI: N/A

Traditional ROI: 6.86%

270 Katherine Drive

Gray, GA

3 beds | 4 baths | 2,138 sq.ft.

$346,500

Airbnb cash on cash: N/A

Traditional cash on cash: 7.09%

Airbnb Rental Income: $null

Traditional Rental Income: $2745

Airbnb ROI: N/A

Traditional ROI: 7.09%

177 Patton Road

Gray, GA

3 beds | 2 baths | 1,821 sq.ft.

$202,500

Airbnb cash on cash: N/A

Traditional cash on cash: 8.28%

Airbnb Rental Income: $null

Traditional Rental Income: $1902

Airbnb ROI: N/A