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
3439 HIGHWAY 316 Gray, LA Welcome to your slice of country paradise! This beautifully remodeled 3-bedroom, 2-bath br...	3 beds \| 2 baths \| 2,555 sq.ft.	$297,000	Airbnb cash on cash: 2.94% Traditional cash on cash: 3.25% Airbnb Rental Income: $1743 Traditional Rental Income: $1350 Airbnb ROI: 2.94% Traditional ROI: 3.25%
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: 2.44% Traditional cash on cash: 6.24% Airbnb Rental Income: $1743 Traditional Rental Income: $2285 Airbnb ROI: 2.44% Traditional ROI: 6.24%
278 RUE RICHARD Gray, LA Welcome to this stunning 4-bedroom, 2.5-bath custom home located in the highly desirable N...	4 beds \| 3 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%
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.	$280,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.46% Airbnb Rental Income: $null Traditional Rental Income: $2237 Airbnb ROI: N/A Traditional ROI: 6.46%
144 CASA DRIVE 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.	$169,900	Airbnb cash on cash: 6.02% Traditional cash on cash: 9.07% Airbnb Rental Income: $1743 Traditional Rental Income: $1757 Airbnb ROI: 6.02% Traditional ROI: 9.07%
110 RED MAPLE DR Gray, LA THE LOCATION YOU WANT. THE HOME YOU'LL LOVE... Welcome to this Beautiful 3-Bedroom, 2-Bath...	3 beds \| 2 baths \| 1,642 sq.ft.	$265,000	Airbnb cash on cash: 3.15% Traditional cash on cash: 4.8% Airbnb Rental Income: $1743 Traditional Rental Income: $1676 Airbnb ROI: 3.15% Traditional ROI: 4.8%
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: -2.14% Traditional cash on cash: 11.8% Airbnb Rental Income: $263 Traditional Rental Income: $1255 Airbnb ROI: -2.14% Traditional ROI: 11.8%
219 Blue Ridge Dr. Gray, LA Spacious 3-Bedroom Home in Gray with Room for Your RV or Boat Welcome to 219 Blue Ridge Dr...	3 beds \| 2 baths \| 1,502 sq.ft.	$245,000	Airbnb cash on cash: 3.06% Traditional cash on cash: 5.5% Airbnb Rental Income: $1743 Traditional Rental Income: $1827 Airbnb ROI: 3.06% Traditional ROI: 5.5%
284 Beulah Louise Drive Gray, LA Corner Lot means extra space! This unique home is perfectly places on this large lot to gi...	5 beds \| 4 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%
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.	$258,000	Airbnb cash on cash: 2.28% Traditional cash on cash: 7.03% Airbnb Rental Income: $1743 Traditional Rental Income: $2421 Airbnb ROI: 2.28% Traditional ROI: 7.03%
3248 La-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.	$129,900	Airbnb cash on cash: 7.64% Traditional cash on cash: 11.89% Airbnb Rental Income: $1743 Traditional Rental Income: $1795 Airbnb ROI: 7.64% Traditional ROI: 11.89%
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: 3.09% Traditional cash on cash: 5.32% Airbnb Rental Income: $1743 Traditional Rental Income: $1787 Airbnb ROI: 3.09% Traditional ROI: 5.32%
149 MAGNOLIA BLUFF CT Gray, LA Where comfort meets modern living. Nestled in the sought-after Highland Oaks subdivision, ...	3 beds \| 2 baths \| 1,993 sq.ft.	$295,000	Airbnb cash on cash: 2.67% Traditional cash on cash: 6.68% Airbnb Rental Income: $1743 Traditional Rental Income: $2379 Airbnb ROI: 2.67% Traditional ROI: 6.68%
310 GAIDRY DRIVE Gray, LA 4 bedrooms, a fenced backyard AND a workshop? This Gray home has plenty of room to spread ...	4 beds \| 2 baths \| 1,634 sq.ft.	$200,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.97% Airbnb Rental Income: $null Traditional Rental Income: $2054 Airbnb ROI: N/A Traditional ROI: 6.97%
142 HICKORY KNOLL AVE Gray, LA Four Bedrooms, Three Full Baths & a Whole Lot of "WelcomeHome" in Highland Oaks Subdivisio...	4 beds \| 3 baths \| 2,095 sq.ft.	$315,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.28% Airbnb Rental Income: $null Traditional Rental Income: $1710 Airbnb ROI: N/A Traditional ROI: 3.28%
3432 W Main Street Gray, LA A Distinctive Estate on Approximately 11.5 Acres in Gray, Louisiana! Inspired by the timel...	5 beds \| 4 baths \| 3,900 sq.ft.	$1,800,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.13% Airbnb Rental Income: $null Traditional Rental Income: $4046 Airbnb ROI: N/A Traditional ROI: 1.13%
125 BLUE RIDGE DR Gray, LA This 3-bedroom, 2-bath home features an open kitchen and living area with vaulted ceilings...	3 beds \| 2 baths \| 1,402 sq.ft.	$238,000	Airbnb cash on cash: 3.15% Traditional cash on cash: 3.12% Airbnb Rental Income: $1743 Traditional Rental Income: $1257 Airbnb ROI: 3.15% Traditional ROI: 3.12%
119 SEA BLUE LANE Gray, LA This sweet, cozy charmer in Gray just might make its way straight to your heart! Step insi...	3 beds \| 2 baths \| 1,208 sq.ft.	$185,000	Airbnb cash on cash: 5.1% Traditional cash on cash: 8.83% Airbnb Rental Income: $1743 Traditional Rental Income: $1920 Airbnb ROI: 5.1% Traditional ROI: 8.83%
137 L Bernard Court Gray, LA This property offers the best of both worlds, with a country living feel while still being...	2 beds \| 1 baths \| 1,024 sq.ft.	$169,900	Airbnb cash on cash: -0.99% Traditional cash on cash: 6.05% Airbnb Rental Income: $412 Traditional Rental Income: $1295 Airbnb ROI: -0.99% Traditional ROI: 6.05%

Real Estate investment in Gray, LA

There are 19 properties for sale in the city of Gray . The median list price in Gray is $282,860 and the average price per square foot is $161. In November 2026, the average monthly cash on cash return in Gray is 6.00%. The average monthly rental income in Gray is $1,811.

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

There are 19 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 $1,811.

Your search for investment property begins and ends here

Investment Property for Sale in Gray, LA

3439 HIGHWAY 316

Gray, LA

3 beds | 2 baths | 2,555 sq.ft.

$297,000

Airbnb cash on cash: 2.94%

Traditional cash on cash: 3.25%

Airbnb Rental Income: $1743

Traditional Rental Income: $1350

Airbnb ROI: 2.94%

Traditional ROI: 3.25%

110 HICKORY KNOLL AVE

Gray, LA

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

$285,000

Airbnb cash on cash: 2.44%

Traditional cash on cash: 6.24%

Airbnb Rental Income: $1743

Traditional Rental Income: $2285

Airbnb ROI: 2.44%

Traditional ROI: 6.24%

278 RUE RICHARD

Gray, LA

4 beds | 3 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%

134 RED MAPLE DR

Gray, LA

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

$280,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.46%

Airbnb Rental Income: $null

Traditional Rental Income: $2237

Airbnb ROI: N/A

Traditional ROI: 6.46%

144 CASA DRIVE

Gray, LA

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

$169,900

Airbnb cash on cash: 6.02%

Traditional cash on cash: 9.07%

Airbnb Rental Income: $1743

Traditional Rental Income: $1757

Airbnb ROI: 6.02%

Traditional ROI: 9.07%

110 RED MAPLE DR

Gray, LA

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

$265,000

Airbnb cash on cash: 3.15%

Traditional cash on cash: 4.8%

Airbnb Rental Income: $1743

Traditional Rental Income: $1676

Airbnb ROI: 3.15%

Traditional ROI: 4.8%

3352 W Main Street

Gray, LA

1 beds | 1 baths | 744 sq.ft.

$89,900

Airbnb cash on cash: -2.14%

Traditional cash on cash: 11.8%

Airbnb Rental Income: $263

Traditional Rental Income: $1255

Airbnb ROI: -2.14%

Traditional ROI: 11.8%

219 Blue Ridge Dr.

Gray, LA

3 beds | 2 baths | 1,502 sq.ft.

$245,000

Airbnb cash on cash: 3.06%

Traditional cash on cash: 5.5%

Airbnb Rental Income: $1743

Traditional Rental Income: $1827

Airbnb ROI: 3.06%