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.	$279,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.82% Airbnb Rental Income: $null Traditional Rental Income: $2132 Airbnb ROI: N/A Traditional ROI: 5.82%
309 Davis Road Gray, GA Welcome to this charming fully furnished 4 bedroom, 3.5 bath Craftsman style home, perfect...	4 beds \| 4 baths \| 2,347 sq.ft.	$392,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.66% Airbnb Rental Income: $null Traditional Rental Income: $2882 Airbnb ROI: N/A Traditional ROI: 5.66%
754 Natures Walk Gray, GA Welcome to this beautiful, single-level home featuring an open and split floor plan with 3...	3 beds \| 3 baths \| 1,860 sq.ft.	$296,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.72% Airbnb Rental Income: $null Traditional Rental Income: $2228 Airbnb ROI: N/A Traditional ROI: 5.72%
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%
236 Old Clinton Road Gray, GA Calling all vintage lovers! If you appreciate vintage homes then you. won't believe the c...	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.	$354,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.9% Airbnb Rental Income: $null Traditional Rental Income: $2745 Airbnb ROI: N/A Traditional ROI: 6.9%
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.	$419,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.47% Airbnb Rental Income: $null Traditional Rental Income: $3328 Airbnb ROI: N/A Traditional ROI: 6.47%
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 \| 3,930 sq.ft.	$405,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.51% Airbnb Rental Income: $null Traditional Rental Income: $2195 Airbnb ROI: N/A Traditional ROI: 3.51%
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.	$515,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.23% Airbnb Rental Income: $null Traditional Rental Income: $2495 Airbnb ROI: N/A Traditional ROI: 3.23%
754 Natures Gray, GA Welcome to this beautiful, single-level home featuring an open and split floor plan with 3...	3 beds \| 3 baths \| 1,860 sq.ft.	$296,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.4% Airbnb Rental Income: $null Traditional Rental Income: $2302 Airbnb ROI: N/A Traditional ROI: 5.4%
3352 Trotters Ridge Trail Gray, GA Your Dream Home Awaits in Jones County! Step into this move-in ready 4-bedroom, 2-bath gem...	4 beds \| 2 baths \| 1,685 sq.ft.	$264,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.83% Airbnb Rental Income: $null Traditional Rental Income: $1991 Airbnb ROI: N/A Traditional ROI: 5.83%
3352 Trotters Ridge Gray, GA Your Dream Home Awaits in Jones County! Step into this move-in ready 4-bedroom, 2-bath ge...	4 beds \| 2 baths \| 1,685 sq.ft.	$264,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.79% Airbnb Rental Income: $null Traditional Rental Income: $1991 Airbnb ROI: N/A Traditional ROI: 5.79%
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.	$390,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.69% Airbnb Rental Income: $null Traditional Rental Income: $2516 Airbnb ROI: N/A Traditional ROI: 4.69%
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%
151 Bateman Gray, GA Charming 3-Bedroom Home on Over an Acre - A Perfect Blend of Comfort & Space Welcome to...	3 beds \| 3 baths \| 2,235 sq.ft.	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.18% Airbnb Rental Income: $null Traditional Rental Income: $2445 Airbnb ROI: N/A Traditional ROI: 5.18%
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.	$285,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.83% Airbnb Rental Income: $null Traditional Rental Income: $2259 Airbnb ROI: N/A Traditional ROI: 5.83%
293 Amy Lane Gray, GA Very attractive home, colors are soft and cozy. Vaulted ceiling in great room, fireplace, ...	3 beds \| 2 baths \| 1,164 sq.ft.	$250,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.06% Airbnb Rental Income: $null Traditional Rental Income: $1971 Airbnb ROI: N/A Traditional ROI: 6.06%
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%
850 Natures Walk Gray, GA Step into this gorgeous one-level Craftsman-style home, built in 2023 and designed for low...	3 beds \| 2 baths \| 1,258 sq.ft.	$259,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.82% Airbnb Rental Income: $null Traditional Rental Income: $2056 Airbnb ROI: N/A Traditional ROI: 6.82%
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.	$285,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.1% Airbnb Rental Income: $null Traditional Rental Income: $2297 Airbnb ROI: N/A Traditional ROI: 6.1%
229 Lite N Tie Road Gray, GA This property is located in a very accessible and nice area in Gray, GA. Fifteen to twen...	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 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: 5.03% Airbnb Rental Income: $null Traditional Rental Income: $2174 Airbnb ROI: N/A Traditional ROI: 5.03%
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%
524 Old Macon Road Gray, GA HARD TO FIND fixer upper in great location in Jones County! Great potential with this 3 or...	3 beds \| 2 baths \| 1,823 sq.ft.	$149,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.69% Airbnb Rental Income: $null Traditional Rental Income: $2043 Airbnb ROI: N/A Traditional ROI: 11.69%
661 Aarons Circle Gray, GA Welcome to your new home at 661 Aarons Circle in Gray, Georgia! This delightful 3-bedroom,...	3 beds \| 2 baths \| 1,771 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.14% Airbnb Rental Income: $null Traditional Rental Income: $1994 Airbnb ROI: N/A Traditional ROI: 6.14%

Real Estate investment in Gray, GA

There are 35 properties for sale in the city of Gray . The median list price in Gray is $350,000 and the average price per square foot is $145. In September 2025, the average monthly cash on cash return in Gray is 6.00%. The average monthly rental income in Gray is $2,300.

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

There are 35 investment properties available for sale in Gray.

The ROI for Short-Term is higher than the Long-Term in Gray with average rental income of $3,193.

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.

$279,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.82%

Airbnb Rental Income: $null

Traditional Rental Income: $2132

Airbnb ROI: N/A

Traditional ROI: 5.82%

309 Davis Road

Gray, GA

4 beds | 4 baths | 2,347 sq.ft.

$392,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.66%

Airbnb Rental Income: $null

Traditional Rental Income: $2882

Airbnb ROI: N/A

Traditional ROI: 5.66%

754 Natures Walk

Gray, GA

3 beds | 3 baths | 1,860 sq.ft.

$296,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.72%

Airbnb Rental Income: $null

Traditional Rental Income: $2228

Airbnb ROI: N/A

Traditional ROI: 5.72%

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%

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.

$354,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.9%

Airbnb Rental Income: $null

Traditional Rental Income: $2745

Airbnb ROI: N/A