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: 2.71% Traditional cash on cash: 6.24% Airbnb Rental Income: $1831 Traditional Rental Income: $2285 Airbnb ROI: 2.71% Traditional ROI: 6.24%
207 Diana Drive Gray, LA FLOOD INSURANCE NOT REQUIRED! This treasure of a home sits on a fabulous acre with an aera...	3 beds \| 2 baths \| 2,461 sq.ft.	$445,000	Airbnb cash on cash: 1.44% Traditional cash on cash: 3.58% Airbnb Rental Income: $1831 Traditional Rental Income: $2230 Airbnb ROI: 1.44% Traditional ROI: 3.58%
335 Julie St Gray, LA 3 bedroom, 2 bath home located in Lafourche Parish School District features kitchen/dining...	3 beds \| 2 baths \| 1,350 sq.ft.	$205,000	Airbnb cash on cash: 4.98% Traditional cash on cash: 6.79% Airbnb Rental Income: $1831 Traditional Rental Income: $1689 Airbnb ROI: 4.98% Traditional ROI: 6.79%
211 Pearl Margaret Dr Gray, LA NEW PRICE! $10,000 price drop! Welcome to this spacious 4-bedroom, 2-bathroom home in the ...	4 beds \| 2 baths \| 2,124 sq.ft.	$420,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.99% Airbnb Rental Income: $null Traditional Rental Income: $2311 Airbnb ROI: N/A Traditional ROI: 3.99%
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 Drive Gray, LA Highly motivated seller! Flood Zone X (flood insurance not required), whole-home generator...	3 beds \| 2 baths \| 1,642 sq.ft.	$269,000	Airbnb cash on cash: 3.38% Traditional cash on cash: 4.71% Airbnb Rental Income: $1831 Traditional Rental Income: $1676 Airbnb ROI: 3.38% Traditional ROI: 4.71%
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%
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: 8.78% Traditional cash on cash: 11.38% Airbnb Rental Income: $1831 Traditional Rental Income: $1650 Airbnb ROI: 8.78% Traditional ROI: 11.38%
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.	$299,900	Airbnb cash on cash: 2.76% Traditional cash on cash: 6.45% Airbnb Rental Income: $1831 Traditional Rental Income: $2379 Airbnb ROI: 2.76% Traditional ROI: 6.45%
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: 5.52% Traditional cash on cash: 9.15% Airbnb Rental Income: $1831 Traditional Rental Income: $1976 Airbnb ROI: 5.52% Traditional ROI: 9.15%
143 Magnolia Bluff Drive Gray, LA Energy-efficient and thoughtfully designed, this 3-bedroom, 2-bath home features an inviti...	3 beds \| 2 baths \| 1,642 sq.ft.	$265,000	Airbnb cash on cash: 2.82% Traditional cash on cash: 5.62% Airbnb Rental Income: $1831 Traditional Rental Income: $2039 Airbnb ROI: 2.82% Traditional ROI: 5.62%
317 Highland Oaks Ave Gray, LA This one is going to check off lots of boxes! Offering over 1900 SF of living area on a CO...	3 beds \| 2 baths \| 1,993 sq.ft.	$317,900	Airbnb cash on cash: 2.61% Traditional cash on cash: 6.4% Airbnb Rental Income: $1831 Traditional Rental Income: $2470 Airbnb ROI: 2.61% Traditional ROI: 6.4%
3248 LA 316 Road Gray, LA Like New Mobile home and land available in desirable bayou blue, only minutes from interst...	3 beds \| 2 baths \| 1,400 sq.ft.	$159,500	Airbnb cash on cash: 6.57% Traditional cash on cash: 9.84% Airbnb Rental Income: $1831 Traditional Rental Income: $1835 Airbnb ROI: 6.57% Traditional ROI: 9.84%
3249 W Main Street Gray, LA Charm meets convenience in this cozy 2-bedroom retreat. Enjoy bright, sun-drenched living ...	2 beds \| 1 baths \| 821 sq.ft.	$160,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.93% Airbnb Rental Income: $null Traditional Rental Income: $1389 Airbnb ROI: N/A Traditional ROI: 6.93%
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: 5% Traditional cash on cash: 6.61% Airbnb Rental Income: $1831 Traditional Rental Income: $1642 Airbnb ROI: 5% Traditional ROI: 6.61%
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: -1.09% Traditional cash on cash: -0.58% Airbnb Rental Income: $73 Traditional Rental Income: $1074 Airbnb ROI: -1.09% Traditional ROI: -0.58%
3320 Highway 316 Gray, LA Space, Privacy, Quality Craftsmanship & Endless Possibilities" Exceptional Estate on high ...	4 beds \| 4 baths \| 4,954 sq.ft.	$900,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.44% Airbnb Rental Income: $null Traditional Rental Income: $3432 Airbnb ROI: N/A Traditional ROI: 2.44%
335 Robyn Street Gray, LA Welcome to 335 Robyn Street in Gray, where comfort, function, and outdoor living come toge...	3 beds \| 2 baths \| 1,080 sq.ft.	$179,900	Airbnb cash on cash: 5.33% Traditional cash on cash: 6.92% Airbnb Rental Income: $1831 Traditional Rental Income: $1609 Airbnb ROI: 5.33% Traditional ROI: 6.92%

Real Estate investment in Gray, LA

There are 18 properties for sale in the city of Gray . The median list price in Gray is $202,500 and the average price per square foot is $120. In May 2026, the average monthly cash on cash return in Gray is 7.00%. The average monthly rental income in Gray is $1,902.

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

There are 18 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 $1,902.

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: 2.71%

Traditional cash on cash: 6.24%

Airbnb Rental Income: $1831

Traditional Rental Income: $2285

Airbnb ROI: 2.71%

Traditional ROI: 6.24%

207 Diana Drive

Gray, LA

3 beds | 2 baths | 2,461 sq.ft.

$445,000

Airbnb cash on cash: 1.44%

Traditional cash on cash: 3.58%

Airbnb Rental Income: $1831

Traditional Rental Income: $2230

Airbnb ROI: 1.44%

Traditional ROI: 3.58%

335 Julie St

Gray, LA

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

$205,000

Airbnb cash on cash: 4.98%

Traditional cash on cash: 6.79%

Airbnb Rental Income: $1831

Traditional Rental Income: $1689

Airbnb ROI: 4.98%

Traditional ROI: 6.79%

211 Pearl Margaret Dr

Gray, LA

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

$420,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.99%

Airbnb Rental Income: $null

Traditional Rental Income: $2311

Airbnb ROI: N/A

Traditional ROI: 3.99%

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 Drive

Gray, LA

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

$269,000

Airbnb cash on cash: 3.38%

Traditional cash on cash: 4.71%

Airbnb Rental Income: $1831

Traditional Rental Income: $1676

Airbnb ROI: 3.38%

Traditional ROI: 4.71%

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%

3240 Bayou Blue Rd

Gray, LA

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

$125,000

Airbnb cash on cash: 8.78%

Traditional cash on cash: 11.38%

Airbnb Rental Income: $1831

Traditional Rental Income: $1650

Airbnb ROI: 8.78%