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
3103-3093 W Park Ave Gray, LA 3103-3093 W Park Ave, Gray, LA 36542 \| Other	N/A beds \| N/A baths \| N/A	$299,000	Airbnb cash on cash: -2.23% Traditional cash on cash: -0.22% Airbnb Rental Income: $107 Traditional Rental Income: $468 Airbnb ROI: -2.23% Traditional ROI: -0.22%
174 Blue Ridge Dr Gray, LA WELL KEPT HOME WITH ONLY ONE OWNER IN A VERY DESIRABLE NEIGHBORHOOD. 2 SPACIOUS BATHROOMS ...	3 beds \| 2 baths \| 1,452 sq.ft.	$224,900	Airbnb cash on cash: 4.44% Traditional cash on cash: 5.39% Airbnb Rental Income: $1762 Traditional Rental Income: $1483 Airbnb ROI: 4.44% Traditional ROI: 5.39%
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.	$150,000	Airbnb cash on cash: 6.77% Traditional cash on cash: 7.8% Airbnb Rental Income: $1762 Traditional Rental Income: $1428 Airbnb ROI: 6.77% Traditional ROI: 7.8%
241 Rue Richard Gray, LA 5-bedroom, 3-bath home with approximately 2,700 sq ft, built in 2015. Functional layout wi...	5 beds \| 2 baths \| 2,722 sq.ft.	$545,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.82% Airbnb Rental Income: $null Traditional Rental Income: $2776 Airbnb ROI: N/A Traditional ROI: 3.82%
267 James Edison Dr Gray, LA Charming Home in Wallace J. Thibodaux Subdivision Welcome to this beautiful 3-bedroom, 2-b...	3 beds \| 2 baths \| 1,887 sq.ft.	$375,000	Airbnb cash on cash: 1.93% Traditional cash on cash: 4.86% Airbnb Rental Income: $1762 Traditional Rental Income: $2309 Airbnb ROI: 1.93% Traditional ROI: 4.86%
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.	$430,000	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%
108 North Terrebonne Dr 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 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%
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 Dr 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.	$299,900	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 Ave 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 EV READY \| FLOOD ZONE X \| CLOSING COST ASSISTANCE \| MOVE IN READY Well-maintained home in ...	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 St 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.	$239,000	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 that is p...	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%
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: 3.93% Traditional cash on cash: 3.82% Airbnb Rental Income: $1762 Traditional Rental Income: $1257 Airbnb ROI: 3.93% Traditional ROI: 3.82%
612 Jean Charles Blvd Gray, LA 612 Jean Charles Blvd, Gray, LA 70359 \| Single Family Residential	3 beds \| 2 baths \| 1,546 sq.ft.	$239,000	Airbnb cash on cash: 3.7% Traditional cash on cash: 3.6% Airbnb Rental Income: $1762 Traditional Rental Income: $1257 Airbnb ROI: 3.7% Traditional ROI: 3.6%
284 Beulah Louise Dr Gray, LA 284 Beulah Louise Dr, Gray, LA 70359 \| Single Family Residential	5 beds \| 3 baths \| 2,948 sq.ft.	$549,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.89% Airbnb Rental Income: $null Traditional Rental Income: $2433 Airbnb ROI: N/A Traditional ROI: 2.89%
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: 3.93% Traditional cash on cash: 5.3% Airbnb Rental Income: $1762 Traditional Rental Income: $1578 Airbnb ROI: 3.93% 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: 3.93% Traditional cash on cash: 5.3% Airbnb Rental Income: $1762 Traditional Rental Income: $1578 Airbnb ROI: 3.93% 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: 3.93% Traditional cash on cash: 5.3% Airbnb Rental Income: $1762 Traditional Rental Income: $1578 Airbnb ROI: 3.93% 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: 3.93% Traditional cash on cash: 5.3% Airbnb Rental Income: $1762 Traditional Rental Income: $1578 Airbnb ROI: 3.93% Traditional ROI: 5.3%
2933 Kiwi Ave Gray, LA 2933 Kiwi Ave, Gray, LA 70359 \| Other	N/A beds \| N/A baths \| N/A	$66,500	Airbnb cash on cash: -4.46% Traditional cash on cash: 4.52% Airbnb Rental Income: $107 Traditional Rental Income: $495 Airbnb ROI: -4.46% Traditional ROI: 4.52%
323 Buccaneer Rd Gray, LA 323 Buccaneer Rd, Gray, LA 70359 \| Other	N/A beds \| N/A baths \| N/A	$90,000	Airbnb cash on cash: -3.74% Traditional cash on cash: 2.86% Airbnb Rental Income: $107 Traditional Rental Income: $481 Airbnb ROI: -3.74% Traditional ROI: 2.86%
315 Buccaneer Rd Gray, LA 315 Buccaneer Rd, Gray, LA 70359 \| Other	N/A beds \| N/A baths \| N/A	$65,000	Airbnb cash on cash: -4.54% Traditional cash on cash: 4.64% Airbnb Rental Income: $107 Traditional Rental Income: $495 Airbnb ROI: -4.54% Traditional ROI: 4.64%
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: -1.85% Traditional cash on cash: -0.93% Airbnb Rental Income: $107 Traditional Rental Income: $481 Airbnb ROI: -1.85% 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: -4.21% Traditional cash on cash: 3.63% Airbnb Rental Income: $107 Traditional Rental Income: $481 Airbnb ROI: -4.21% Traditional ROI: 3.63%
3132 Bayou Blue Rd Gray, LA 3132 Bayou Blue Rd, Gray, LA 70359 \| Other	N/A beds \| N/A baths \| N/A	$1,885,000	Airbnb cash on cash: -1.66% Traditional cash on cash: -1.32% Airbnb Rental Income: $107 Traditional Rental Income: $481 Airbnb ROI: -1.66% Traditional ROI: -1.32%
154 Bayou Blue Bypass Rd Gray, LA 154 Bayou Blue Bypass Rd, Gray, LA 70359 \| Other	N/A beds \| N/A baths \| N/A	$160,000	Airbnb cash on cash: -2.81% Traditional cash on cash: 0.99% Airbnb Rental Income: $107 Traditional Rental Income: $481 Airbnb ROI: -2.81% Traditional ROI: 0.99%
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: 3.93% Traditional cash on cash: 5.3% Airbnb Rental Income: $1762 Traditional Rental Income: $1578 Airbnb ROI: 3.93% 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: -1.92% Traditional cash on cash: -0.79% Airbnb Rental Income: $107 Traditional Rental Income: $481 Airbnb ROI: -1.92% 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: 3.93% Traditional cash on cash: 5.3% Airbnb Rental Income: $1762 Traditional Rental Income: $1578 Airbnb ROI: 3.93% Traditional ROI: 5.3%
307 Westfield Ave Gray, LA 307 Westfield Ave, Gray, LA 70359 \| Single Family Residential	3 beds \| 1 baths \| 913 sq.ft.	$126,900	Airbnb cash on cash: 8.16% Traditional cash on cash: 6.51% Airbnb Rental Income: $1762 Traditional Rental Income: $1077 Airbnb ROI: 8.16% Traditional ROI: 6.51%
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: -3.33% Traditional cash on cash: 2.01% Airbnb Rental Income: $107 Traditional Rental Income: $481 Airbnb ROI: -3.33% 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: -1.76% Traditional cash on cash: -1.12% Airbnb Rental Income: $107 Traditional Rental Income: $481 Airbnb ROI: -1.76% Traditional ROI: -1.12%

Real Estate investment in Gray, LA

There are 62 properties for sale in the city of Gray . The median list price in Gray is $229,000 and the average price per square foot is $130. In March 2026, the average monthly cash on cash return in Gray is 5.00%. The average monthly rental income in Gray is $1,578.

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

There are 62 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 $1,578.

Your search for investment property begins and ends here

Investment Property for Sale in Gray, LA

3103-3093 W Park Ave

Gray, LA

N/A beds | N/A baths | N/A

$299,000

Airbnb cash on cash: -2.23%

Traditional cash on cash: -0.22%

Airbnb Rental Income: $107

Traditional Rental Income: $468

Airbnb ROI: -2.23%

Traditional ROI: -0.22%

174 Blue Ridge Dr

Gray, LA

3 beds | 2 baths | 1,452 sq.ft.

$224,900

Airbnb cash on cash: 4.44%

Traditional cash on cash: 5.39%

Airbnb Rental Income: $1762

Traditional Rental Income: $1483

Airbnb ROI: 4.44%

Traditional ROI: 5.39%

140 Marietta Pl

Gray, LA

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

$150,000

Airbnb cash on cash: 6.77%

Traditional cash on cash: 7.8%

Airbnb Rental Income: $1762

Traditional Rental Income: $1428

Airbnb ROI: 6.77%

Traditional ROI: 7.8%

241 Rue Richard

Gray, LA

5 beds | 2 baths | 2,722 sq.ft.

$545,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.82%

Airbnb Rental Income: $null

Traditional Rental Income: $2776

Airbnb ROI: N/A

Traditional ROI: 3.82%

267 James Edison Dr

Gray, LA

3 beds | 2 baths | 1,887 sq.ft.

$375,000

Airbnb cash on cash: 1.93%

Traditional cash on cash: 4.86%

Airbnb Rental Income: $1762

Traditional Rental Income: $2309

Airbnb ROI: 1.93%

Traditional ROI: 4.86%

211 Pearl Margaret Dr

Gray, LA

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

$430,000

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%

108 North Terrebonne Dr

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%