Real Estate Investment Properties for Sale in Gray, LA

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2545 W Main St Gray, LA Welcome to 2545 W Main St. in Gray! This well kept 3 bedroom, 2 bathroom home offers every...	3 beds \| 2 baths \| 1,030 sq.ft.	$145,000	Airbnb cash on cash: 7.48% Traditional cash on cash: 9.47% Airbnb Rental Income: $1762 Traditional Rental Income: $1556 Airbnb ROI: 7.48% Traditional ROI: 9.47%
211 Pearl Margaret Dr Gray, LA NEW PRICE! Sellers are now offering up to $10,000.00 towards a Buyers closing costs with a...	4 beds \| 2 baths \| 2,124 sq.ft.	$440,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.77% Airbnb Rental Income: $null Traditional Rental Income: $2311 Airbnb ROI: N/A Traditional ROI: 3.77%
396 Highland Oaks Ave Gray, LA Welcome to 396 Highland Oaks Ave! This beautiful 4-bedroom, 3-bathroom home offers 2,424 s...	4 beds \| 3 baths \| 2,424 sq.ft.	$330,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.43% Airbnb Rental Income: $null Traditional Rental Income: $2363 Airbnb ROI: N/A Traditional ROI: 5.43%
251 Beulah Louise Drive Gray, LA Step into timeless comfort in this 3 bedroom, 2.5 bath home filled with thoughtful details...	3 beds \| 2 baths \| 3,140 sq.ft.	$490,000	Airbnb cash on cash: 1.04% Traditional cash on cash: 3.81% Airbnb Rental Income: $1762 Traditional Rental Income: $2547 Airbnb ROI: 1.04% Traditional ROI: 3.81%
108 N Terrebonne Drive Gray, LA **SELLER OFFERING $5,000.00 TOWARDS CLOSING COSTS! Washer, Dryer, & small freezer to remai...	3 beds \| 2 baths \| 1,212 sq.ft.	$200,000	Airbnb cash on cash: 4.7% Traditional cash on cash: 6.61% Airbnb Rental Income: $1762 Traditional Rental Income: $1642 Airbnb ROI: 4.7% Traditional ROI: 6.61%
3352 W Main Street Gray, LA This unique cottage style home has a cozy living room with a double sided fireplace (inope...	1 beds \| 1 baths \| 744 sq.ft.	$89,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.8% Airbnb Rental Income: $null Traditional Rental Income: $1255 Airbnb ROI: N/A Traditional ROI: 11.8%
258 Dove Tail Dr Gray, LA This lovely home is truly exceptional. Enter through the front door and the foyer brings y...	3 beds \| 2 baths \| 1,444 sq.ft.	$240,000	Airbnb cash on cash: 3.28% Traditional cash on cash: 5.68% Airbnb Rental Income: $1762 Traditional Rental Income: $1824 Airbnb ROI: 3.28% Traditional ROI: 5.68%
3240 Bayou Blue Rd Gray, LA Well-maintained mobile home conveniently located in Gray, just minutes from the interstate...	3 beds \| 2 baths \| 1,350 sq.ft.	$125,000	Airbnb cash on cash: 8.31% Traditional cash on cash: 11.38% Airbnb Rental Income: $1762 Traditional Rental Income: $1650 Airbnb ROI: 8.31% Traditional ROI: 11.38%
346 Bayou Blue Bypass Rd Gray, LA 52 Space Mobile Home and Camper Park. 52 Total spaces. 42 spaces renting for $300.00 each ...	N/A beds \| N/A baths \| 52 sq.ft.	$2,500,000	Airbnb cash on cash: -1.08% Traditional cash on cash: -0.58% Airbnb Rental Income: $107 Traditional Rental Income: $1074 Airbnb ROI: -1.08% Traditional ROI: -0.58%
358 Bayou Blue Bypass Rd Gray, LA Fix & Flip Opportunity! This 4 bedroom, 2 bathroom home offers 1,200 sq ft of living space...	4 beds \| 2 baths \| 1,169 sq.ft.	$140,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.12% Airbnb Rental Income: $null Traditional Rental Income: $1729 Airbnb ROI: N/A Traditional ROI: 11.12%
148 Red Maple Dr Gray, LA Built in 2018, this energy-efficient home in Highland Oaks offers a comfortable, open layo...	3 beds \| 2 baths \| 1,642 sq.ft.	$279,000	Airbnb cash on cash: 2.95% Traditional cash on cash: 5.74% Airbnb Rental Income: $1762 Traditional Rental Income: $2011 Airbnb ROI: 2.95% Traditional ROI: 5.74%
149 Magnolia Bluff Drive Gray, LA Welcome home to this beautifully updated 3-bedroom, 2-bath residence that blends custom de...	3 beds \| 2 baths \| 1,993 sq.ft.	$308,000	Airbnb cash on cash: 2.45% Traditional cash on cash: 6.24% Airbnb Rental Income: $1762 Traditional Rental Income: $2379 Airbnb ROI: 2.45% Traditional ROI: 6.24%
506 Linda Ann Avenue Gray, LA Welcome to this move-in ready 3-bedroom, 2-bath brick home located on a quiet street in Gr...	3 beds \| 2 baths \| 1,543 sq.ft.	$185,000	Airbnb cash on cash: 5.19% Traditional cash on cash: 9.15% Airbnb Rental Income: $1762 Traditional Rental Income: $1976 Airbnb ROI: 5.19% Traditional ROI: 9.15%
219 Blue Ridge Dr Gray, LA SELLER IS NOW OFFERING $10,000 IN CLOSING COST ASSISTANCE WITH A FULL PRICE OFFER!! Built ...	3 beds \| 2 baths \| 1,502 sq.ft.	$239,000	Airbnb cash on cash: 3.23% Traditional cash on cash: 5.66% Airbnb Rental Income: $1762 Traditional Rental Income: $1827 Airbnb ROI: 3.23% Traditional ROI: 5.66%
206 Lola Gray, LA Welcome to 206 Lola St. in Gray, LA - a home that truly has it all! This beautifully desig...	3 beds \| 2 baths \| 2,069 sq.ft.	$249,000	Airbnb cash on cash: 3.45% Traditional cash on cash: 7.44% Airbnb Rental Income: $1762 Traditional Rental Income: $2216 Airbnb ROI: 3.45% Traditional ROI: 7.44%
243 Dove Tail Dr Gray, LA Well-maintained 3-bedroom, 2-bath home featuring an inviting open-concept layout perfect f...	3 beds \| 2 baths \| 1,569 sq.ft.	$249,000	Airbnb cash on cash: 3.02% Traditional cash on cash: 5.79% Airbnb Rental Income: $1762 Traditional Rental Income: $1930 Airbnb ROI: 3.02% Traditional ROI: 5.79%
254 Blue Ridge Dr Gray, LA MOVE IN READY ! ALL appliances including Refrigerator, Stove/Oven, Dishwasher, Microwave, ...	3 beds \| 2 baths \| 1,393 sq.ft.	$215,000	Airbnb cash on cash: 4.44% Traditional cash on cash: 6.79% Airbnb Rental Income: $1762 Traditional Rental Income: $1760 Airbnb ROI: 4.44% Traditional ROI: 6.79%
123 Sea Blue Lane Gray, LA Welcome home to this sweet and cozy 3-bedroom, 2-bath charmer tucked away on a quiet, priv...	3 beds \| 2 baths \| 1,232 sq.ft.	$180,000	Airbnb cash on cash: 5.02% Traditional cash on cash: 8.27% Airbnb Rental Income: $1762 Traditional Rental Income: $1835 Airbnb ROI: 5.02% Traditional ROI: 8.27%
118 Mac Court Gray, LA HUGE REDUCTION!! $35,000 UNDER RECENT APPRAISED PRICE!! PLUS SELLER WILLING TO PAY $5,000....	4 beds \| 3 baths \| 2,409 sq.ft.	$349,999	Airbnb cash on cash: N/A Traditional cash on cash: 6.92% Airbnb Rental Income: $null Traditional Rental Income: $2703 Airbnb ROI: N/A Traditional ROI: 6.92%

Real Estate investment in Gray, LA

There are 20 properties for sale in the city of Gray . The median list price in Gray is $207,500 and the average price per square foot is $134. In January 2026, the average monthly cash on cash return in Gray is 7.00%. The average monthly rental income in Gray is $1,831.

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

There are 20 investment properties available for sale in Gray.

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

The ROI for Long-Term is higher than the Short-Term in Gray with average rental income of $1,831.

Your search for investment property begins and ends here

Investment Property for Sale in Gray, LA

2545 W Main St

Gray, LA

3 beds | 2 baths | 1,030 sq.ft.

$145,000

Airbnb cash on cash: 7.48%

Traditional cash on cash: 9.47%

Airbnb Rental Income: $1762

Traditional Rental Income: $1556

Airbnb ROI: 7.48%

Traditional ROI: 9.47%

211 Pearl Margaret Dr

Gray, LA

4 beds | 2 baths | 2,124 sq.ft.

$440,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.77%

Airbnb Rental Income: $null

Traditional Rental Income: $2311

Airbnb ROI: N/A

Traditional ROI: 3.77%

396 Highland Oaks Ave

Gray, LA

4 beds | 3 baths | 2,424 sq.ft.

$330,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.43%

Airbnb Rental Income: $null

Traditional Rental Income: $2363

Airbnb ROI: N/A

Traditional ROI: 5.43%

251 Beulah Louise Drive

Gray, LA

3 beds | 2 baths | 3,140 sq.ft.

$490,000

Airbnb cash on cash: 1.04%

Traditional cash on cash: 3.81%

Airbnb Rental Income: $1762

Traditional Rental Income: $2547

Airbnb ROI: 1.04%

Traditional ROI: 3.81%

108 N Terrebonne Drive

Gray, LA

3 beds | 2 baths | 1,212 sq.ft.

$200,000

Airbnb cash on cash: 4.7%

Traditional cash on cash: 6.61%

Airbnb Rental Income: $1762

Traditional Rental Income: $1642

Airbnb ROI: 4.7%

Traditional ROI: 6.61%

3352 W Main Street

Gray, LA

1 beds | 1 baths | 744 sq.ft.

$89,900

Airbnb cash on cash: N/A

Traditional cash on cash: 11.8%

Airbnb Rental Income: $null

Traditional Rental Income: $1255

Airbnb ROI: N/A

Traditional ROI: 11.8%

258 Dove Tail Dr

Gray, LA

3 beds | 2 baths | 1,444 sq.ft.

$240,000

Airbnb cash on cash: 3.28%

Traditional cash on cash: 5.68%

Airbnb Rental Income: $1762

Traditional Rental Income: $1824

Airbnb ROI: 3.28%

Traditional ROI: 5.68%

3240 Bayou Blue Rd

Gray, LA

3 beds | 2 baths | 1,350 sq.ft.

$125,000

Airbnb cash on cash: 8.31%

Traditional cash on cash: 11.38%

Airbnb Rental Income: $1762

Traditional Rental Income: $1650

Airbnb ROI: 8.31%