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
110 Hickory Knoll Ave Gray, LA Discover this beautifully maintained 3-bedroom, 2-bath home in the heart of Gray, Louisian...	3 beds \| 2 baths \| 1,714 sq.ft.	$285,000	Airbnb cash on cash: 2.48% Traditional cash on cash: 6.24% Airbnb Rental Income: $1756 Traditional Rental Income: $2285 Airbnb ROI: 2.48% Traditional ROI: 6.24%
140 Marietta Pl Gray, LA Charming 3-bedroom, 1 and 1/2 bath remodeled brick home in Gray, just minutes from HL Bour...	3 beds \| 1 baths \| 1,119 sq.ft.	$145,000	Airbnb cash on cash: 6.99% Traditional cash on cash: 8.1% Airbnb Rental Income: $1756 Traditional Rental Income: $1428 Airbnb ROI: 6.99% Traditional ROI: 8.1%
278 Rue Richard Gray, LA Welcome to this stunning 4-bedroom, 2.5-bath custom home located in the highly desirable N...	4 beds \| 2 baths \| 1,957 sq.ft.	$449,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.27% Airbnb Rental Income: $null Traditional Rental Income: $2321 Airbnb ROI: N/A Traditional ROI: 4.27%
211 Pearl Margaret Dr Gray, LA NEW LOW PRICE !! Welcome to this spacious 4-bedroom, 2-bathroom home in the highly desirab...	4 beds \| 2 baths \| 2,124 sq.ft.	$405,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.18% Airbnb Rental Income: $null Traditional Rental Income: $2311 Airbnb ROI: N/A Traditional ROI: 4.18%
134 Red Maple Dr Gray, LA Step into style in this stunning 4-bedroom, 2-bath home located in the highly desirable Hi...	4 beds \| 2 baths \| 1,906 sq.ft.	$285,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.31% Airbnb Rental Income: $null Traditional Rental Income: $2237 Airbnb ROI: N/A Traditional ROI: 6.31%
144 Casa Dr Gray, LA Tucked away in the heart of Gray, this charming cottage offers the perfect blend of comfor...	3 beds \| 2 baths \| 1,188 sq.ft.	$175,000	Airbnb cash on cash: 5.89% Traditional cash on cash: 8.78% Airbnb Rental Income: $1756 Traditional Rental Income: $1757 Airbnb ROI: 5.89% Traditional ROI: 8.78%
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.	$320,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.62% Airbnb Rental Income: $null Traditional Rental Income: $2363 Airbnb ROI: N/A Traditional ROI: 5.62%
110 Red Maple Dr Gray, LA Highly motivated seller! Flood Zone X (flood insurance not required), whole-home generator...	3 beds \| 2 baths \| 1,642 sq.ft.	$257,000	Airbnb cash on cash: 3.32% Traditional cash on cash: 4.98% Airbnb Rental Income: $1756 Traditional Rental Income: $1676 Airbnb ROI: 3.32% Traditional ROI: 4.98%
3352 West Main St 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%
317 Robyn St Gray, LA 317 Robyn St, Gray, LA 70359 \| Single Family Residential	3 beds \| 2 baths \| 1,135 sq.ft.	$167,000	Airbnb cash on cash: 5.86% Traditional cash on cash: 6.54% Airbnb Rental Income: $1756 Traditional Rental Income: $1382 Airbnb ROI: 5.86% Traditional ROI: 6.54%
238 Highland Oaks Ave Gray, LA 238 Highland Oaks Ave, Gray, LA 70359 \| Single Family Residential	4 beds \| 2 baths \| 1,961 sq.ft.	$240,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.09% Airbnb Rental Income: $null Traditional Rental Income: $1826 Airbnb ROI: N/A Traditional ROI: 6.09%
623 Jean Charles Blvd Gray, LA 623 Jean Charles Blvd, Gray, LA 70359 \| Single Family Residential	3 beds \| 2 baths \| 1,460 sq.ft.	$229,000	Airbnb cash on cash: 3.9% Traditional cash on cash: 5.53% Airbnb Rental Income: $1756 Traditional Rental Income: $1626 Airbnb ROI: 3.9% Traditional ROI: 5.53%
284 Beulah Louise Dr Gray, LA 284 Beulah Louise Dr, Gray, LA 70359 \| Single Family Residential	5 beds \| 3 baths \| 2,948 sq.ft.	$525,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.22% Airbnb Rental Income: $null Traditional Rental Income: $2433 Airbnb ROI: N/A Traditional ROI: 3.22%
599 Jean Charles Blvd Gray, LA 599 Jean Charles Blvd, Gray, LA 70359 \| Single Family Residential	3 beds \| 2 baths \| 1,472 sq.ft.	$229,000	Airbnb cash on cash: 3.9% Traditional cash on cash: 5.3% Airbnb Rental Income: $1756 Traditional Rental Income: $1578 Airbnb ROI: 3.9% Traditional ROI: 5.3%
606 Jean Charles Blvd Gray, LA 606 Jean Charles Blvd, Gray, LA 70359 \| Single Family Residential	3 beds \| 2 baths \| 1,472 sq.ft.	$229,000	Airbnb cash on cash: 3.9% Traditional cash on cash: 5.3% Airbnb Rental Income: $1756 Traditional Rental Income: $1578 Airbnb ROI: 3.9% Traditional ROI: 5.3%
605 Jean Charles Blvd Gray, LA 605 Jean Charles Blvd, Gray, LA 70359 \| Single Family Residential	3 beds \| 2 baths \| 1,472 sq.ft.	$229,000	Airbnb cash on cash: 3.9% Traditional cash on cash: 5.3% Airbnb Rental Income: $1756 Traditional Rental Income: $1578 Airbnb ROI: 3.9% Traditional ROI: 5.3%
624 Jean Charles Blvd Gray, LA 624 Jean Charles Blvd, Gray, LA 70359 \| Single Family Residential	3 beds \| 2 baths \| 1,472 sq.ft.	$229,000	Airbnb cash on cash: 3.9% Traditional cash on cash: 5.3% Airbnb Rental Income: $1756 Traditional Rental Income: $1578 Airbnb ROI: 3.9% Traditional ROI: 5.3%
2933 Kiwi Ave Gray, LA 2933 Kiwi Ave, Gray, LA 70359 \| Other	N/A beds \| N/A baths \| N/A	$62,000	Airbnb cash on cash: -4.26% Traditional cash on cash: 4.93% Airbnb Rental Income: $137 Traditional Rental Income: $495 Airbnb ROI: -4.26% Traditional ROI: 4.93%
323 Buccaneer Rd Gray, LA 323 Buccaneer Rd, Gray, LA 70359 \| Other	N/A beds \| N/A baths \| N/A	$86,000	Airbnb cash on cash: -3.54% Traditional cash on cash: 3.05% Airbnb Rental Income: $137 Traditional Rental Income: $481 Airbnb ROI: -3.54% Traditional ROI: 3.05%
0 Service Rd SW Gray, LA 0 Service Rd SW, Gray, LA 70359 \| Other	N/A beds \| N/A baths \| N/A	$675,000	Airbnb cash on cash: -1.81% Traditional cash on cash: -0.93% Airbnb Rental Income: $137 Traditional Rental Income: $481 Airbnb ROI: -1.81% Traditional ROI: -0.93%
2937 Kiwi Ave Gray, LA 2937 Kiwi Ave, Gray, LA 70359 \| Other	N/A beds \| N/A baths \| N/A	$75,000	Airbnb cash on cash: -3.88% Traditional cash on cash: 3.63% Airbnb Rental Income: $137 Traditional Rental Income: $481 Airbnb ROI: -3.88% Traditional ROI: 3.63%
618 Jean Charles Blvd Gray, LA 618 Jean Charles Blvd, Gray, LA 70359 \| Single Family Residential	3 beds \| 2 baths \| 1,472 sq.ft.	$229,000	Airbnb cash on cash: 3.9% Traditional cash on cash: 5.3% Airbnb Rental Income: $1756 Traditional Rental Income: $1578 Airbnb ROI: 3.9% Traditional ROI: 5.3%
289 Service Road Southeast Gray, LA 289 Service Road Southeast, Gray, LA 70359 \| Other	N/A beds \| N/A baths \| N/A	$550,000	Airbnb cash on cash: -1.87% Traditional cash on cash: -0.79% Airbnb Rental Income: $137 Traditional Rental Income: $481 Airbnb ROI: -1.87% Traditional ROI: -0.79%
594 Jean Charles Blvd Gray, LA 594 Jean Charles Blvd, Gray, LA 70359 \| Single Family Residential	3 beds \| 2 baths \| 1,472 sq.ft.	$229,000	Airbnb cash on cash: 3.9% Traditional cash on cash: 5.3% Airbnb Rental Income: $1756 Traditional Rental Income: $1578 Airbnb ROI: 3.9% Traditional ROI: 5.3%
3516 Olympian Offshore Ln Gray, LA 3516 Olympian Offshore Ln, Gray, LA 70359 \| Other	N/A beds \| N/A baths \| N/A	$112,500	Airbnb cash on cash: -3.1% Traditional cash on cash: 2.01% Airbnb Rental Income: $137 Traditional Rental Income: $481 Airbnb ROI: -3.1% Traditional ROI: 2.01%
3803 & 3811 West Park Ave Gray, LA 3803 & 3811 West Park Ave, Gray, LA 70359 \| Other	N/A beds \| N/A baths \| N/A	$985,000	Airbnb cash on cash: -1.73% Traditional cash on cash: -1.12% Airbnb Rental Income: $137 Traditional Rental Income: $481 Airbnb ROI: -1.73% Traditional ROI: -1.12%
TBD Bayou Blue Bypass Rd Gray, LA TBD Bayou Blue Bypass Rd, Gray, LA 70359 \| Other	N/A beds \| N/A baths \| N/A	$68,000	Airbnb cash on cash: -4.04% Traditional cash on cash: 4.18% Airbnb Rental Income: $137 Traditional Rental Income: $481 Airbnb ROI: -4.04% Traditional ROI: 4.18%
4283 West Main St Gray, LA 4283 West Main St, Gray, LA 70359 \| Other	N/A beds \| N/A baths \| N/A	$150,000	Airbnb cash on cash: -2.72% Traditional cash on cash: 1.15% Airbnb Rental Income: $137 Traditional Rental Income: $481 Airbnb ROI: -2.72% Traditional ROI: 1.15%
4456 W Main St Gray, LA 4456 W Main St, Gray, LA 70359 \| Other	N/A beds \| N/A baths \| N/A	$400,000	Airbnb cash on cash: -1.99% Traditional cash on cash: -0.51% Airbnb Rental Income: $137 Traditional Rental Income: $481 Airbnb ROI: -1.99% Traditional ROI: -0.51%
Katie B Plan Gray, LA Katie B Plan, Gray, LA 70359 \| Single Family Residential	4 beds \| 3 baths \| 2,599 sq.ft.	$629,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.95% Airbnb Rental Income: $null Traditional Rental Income: $2150 Airbnb ROI: N/A Traditional ROI: 1.95%
Amarillo Plan Gray, LA Amarillo Plan, Gray, LA 70359 \| Single Family Residential	4 beds \| 3 baths \| 2,454 sq.ft.	$579,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.21% Airbnb Rental Income: $null Traditional Rental Income: $2127 Airbnb ROI: N/A Traditional ROI: 2.21%
San Antonio Plan Gray, LA San Antonio Plan, Gray, LA 70359 \| Single Family Residential	4 beds \| 3 baths \| 2,819 sq.ft.	$729,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.68% Airbnb Rental Income: $null Traditional Rental Income: $2286 Airbnb ROI: N/A Traditional ROI: 1.68%
126 Executive Dr Gray, LA 126 Executive Dr, Gray, LA 70359 \| Other	N/A beds \| N/A baths \| N/A	$3,248,100	Airbnb cash on cash: -1.6% Traditional cash on cash: -1.42% Airbnb Rental Income: $137 Traditional Rental Income: $481 Airbnb ROI: -1.6% Traditional ROI: -1.42%
302 Trinity Ln Gray, LA 302 Trinity Ln, Gray, LA 70359 \| Other	N/A beds \| N/A baths \| N/A	$145,000	Airbnb cash on cash: -2.76% Traditional cash on cash: 1.25% Airbnb Rental Income: $137 Traditional Rental Income: $481 Airbnb ROI: -2.76% Traditional ROI: 1.25%
305 A Frontage Rd Gray, LA 305 A Frontage Rd, Gray, LA 70359 \| Other	N/A beds \| N/A baths \| N/A	$725,000	Airbnb cash on cash: -1.79% Traditional cash on cash: -0.97% Airbnb Rental Income: $137 Traditional Rental Income: $481 Airbnb ROI: -1.79% Traditional ROI: -0.97%
3261 West Park Ave Gray, LA 3261 West Park Ave, Gray, LA 70359 \| Other	N/A beds \| N/A baths \| N/A	$245,000	Airbnb cash on cash: -2.27% Traditional cash on cash: 0.13% Airbnb Rental Income: $137 Traditional Rental Income: $481 Airbnb ROI: -2.27% Traditional ROI: 0.13%
145 & 139 Bayou Blue Bypass Rd Gray, LA 145 & 139 Bayou Blue Bypass Rd, Gray, LA 70359 \| Other	N/A beds \| N/A baths \| N/A	$270,000	Airbnb cash on cash: -2.21% Traditional cash on cash: 1.6% Airbnb Rental Income: $137 Traditional Rental Income: $895 Airbnb ROI: -2.21% Traditional ROI: 1.6%
175 Highland Oaks Ave Gray, LA Welcome to Highland Oaks, where space, location, and opportunity come together in one thou...	3 beds \| 2 baths \| 1,993 sq.ft.	$268,000	Airbnb cash on cash: 2.2% Traditional cash on cash: 6.74% Airbnb Rental Income: $1756 Traditional Rental Income: $2421 Airbnb ROI: 2.2% Traditional ROI: 6.74%
3248 Highway 316 Gray, LA ***RECENTLY REDUCED! FLOOD ZONE X! Welcome to 3248 Highway 316 in Gray, Louisiana; a beaut...	3 beds \| 2 baths \| 1,216 sq.ft.	$135,000	Airbnb cash on cash: 7.41% Traditional cash on cash: 11.42% Airbnb Rental Income: $1756 Traditional Rental Income: $1795 Airbnb ROI: 7.41% Traditional ROI: 11.42%
300 Jennifer St Gray, LA Situated on a corner lot, this 3 bedroom, 2 bath home features an open floor plan, kitchen...	3 beds \| 2 baths \| 1,435 sq.ft.	$249,500	Airbnb cash on cash: 3.14% Traditional cash on cash: 5.32% Airbnb Rental Income: $1756 Traditional Rental Income: $1787 Airbnb ROI: 3.14% Traditional ROI: 5.32%

Real Estate investment in Gray, LA

There are 76 properties for sale in the city of Gray . The median list price in Gray is $277,624 and the average price per square foot is $178. In September 2026, the average monthly cash on cash return in Gray is 5.00%. The average monthly rental income in Gray is $1,475.

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

There are 76 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 $1,475.

Your search for investment property begins and ends here

Investment Property for Sale in Gray, LA

110 Hickory Knoll Ave

Gray, LA

3 beds | 2 baths | 1,714 sq.ft.

$285,000

Airbnb cash on cash: 2.48%

Traditional cash on cash: 6.24%

Airbnb Rental Income: $1756

Traditional Rental Income: $2285

Airbnb ROI: 2.48%

Traditional ROI: 6.24%

140 Marietta Pl

Gray, LA

3 beds | 1 baths | 1,119 sq.ft.

$145,000

Airbnb cash on cash: 6.99%

Traditional cash on cash: 8.1%

Airbnb Rental Income: $1756

Traditional Rental Income: $1428

Airbnb ROI: 6.99%

Traditional ROI: 8.1%

278 Rue Richard

Gray, LA

4 beds | 2 baths | 1,957 sq.ft.

$449,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.27%

Airbnb Rental Income: $null

Traditional Rental Income: $2321

Airbnb ROI: N/A

Traditional ROI: 4.27%

211 Pearl Margaret Dr

Gray, LA

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

$405,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.18%

Airbnb Rental Income: $null

Traditional Rental Income: $2311

Airbnb ROI: N/A

Traditional ROI: 4.18%

134 Red Maple Dr

Gray, LA

4 beds | 2 baths | 1,906 sq.ft.

$285,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.31%

Airbnb Rental Income: $null

Traditional Rental Income: $2237

Airbnb ROI: N/A

Traditional ROI: 6.31%

144 Casa Dr

Gray, LA

3 beds | 2 baths | 1,188 sq.ft.

$175,000

Airbnb cash on cash: 5.89%

Traditional cash on cash: 8.78%

Airbnb Rental Income: $1756

Traditional Rental Income: $1757

Airbnb ROI: 5.89%

Traditional ROI: 8.78%

396 Highland Oaks Ave

Gray, LA

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

$320,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.62%

Airbnb Rental Income: $null

Traditional Rental Income: $2363

Airbnb ROI: N/A

Traditional ROI: 5.62%

110 Red Maple Dr

Gray, LA

3 beds | 2 baths | 1,642 sq.ft.

$257,000

Airbnb cash on cash: 3.32%

Traditional cash on cash: 4.98%

Airbnb Rental Income: $1756

Traditional Rental Income: $1676

Airbnb ROI: 3.32%