Real Estate Investment Properties for Sale in Gray, TN

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

Explore a variety of short-term homes & houses in Gray, TN. Invest wisely with VRBO & Gray, TN Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Single Family Homes for Sale in Gray, TN

Search for Single Family Residential for Sale in Gray, Tennessee. Browse all of Mashvisor’s Single Family Residential listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 56 Single Family Residential listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
363 Wiltshire Drive Gray, TN Outdoor Entertainer's Paradise in Wiltshire Community - Gray, TN. Welcome to this stunning...	3 beds \| 3 baths \| 2,862 sq.ft.	$565,000	Airbnb cash on cash: -0.45% Traditional cash on cash: 3.9% Airbnb Rental Income: $867 Traditional Rental Income: $2832 Airbnb ROI: -0.45% Traditional ROI: 3.9%
102 Ridgeview Meadows Drive Gray, TN Welcome to this stunning 4 bedroom, 3 bath traditional home. With its thoughtful design, t...	4 beds \| 3 baths \| 2,522 sq.ft.	$534,798	Airbnb cash on cash: 2.87% Traditional cash on cash: 3.44% Airbnb Rental Income: $2880 Traditional Rental Income: $2494 Airbnb ROI: 2.87% Traditional ROI: 3.44%
599 Free Hill Road Gray, TN GORGEOUS 3 BEDROOM, 2 BATH HOME IN HIGHLY DESIRABLE COMMUNITY OF GRAY!! Convenient to John...	4 beds \| 2 baths \| 2,813 sq.ft.	$530,000	Airbnb cash on cash: 2.94% Traditional cash on cash: 3.36% Airbnb Rental Income: $2880 Traditional Rental Income: $2424 Airbnb ROI: 2.94% Traditional ROI: 3.36%
138 Village Lane Gray, TN Move-in ready split foyer in Gray offering space, comfort, and a prime location! Just minu...	4 beds \| 2 baths \| 1,588 sq.ft.	$319,900	Airbnb cash on cash: 5.75% Traditional cash on cash: 5.15% Airbnb Rental Income: $2880 Traditional Rental Income: $2032 Airbnb ROI: 5.75% Traditional ROI: 5.15%
355 Wiltshire Drive Gray, TN LOCATION, LOCATION, LOCATION! Beautifully renovated and in a highly sought-after neighborh...	4 beds \| 2 baths \| 2,833 sq.ft.	$564,000	Airbnb cash on cash: 2.68% Traditional cash on cash: 3.28% Airbnb Rental Income: $2880 Traditional Rental Income: $2528 Airbnb ROI: 2.68% Traditional ROI: 3.28%
1123 Keeview Drive Gray, TN Welcome to this beautifully maintained 4-bedroom, 3-bathroom brick home, located in one of...	4 beds \| 3 baths \| 4,750 sq.ft.	$849,800	Airbnb cash on cash: 1.3% Traditional cash on cash: 2.04% Airbnb Rental Income: $2880 Traditional Rental Income: $2799 Airbnb ROI: 1.3% Traditional ROI: 2.04%
524 Boring Chapel Road Gray, TN NEW VAPOR BARRIER Installed under entire crawl space and a dehumidifier installed! This up...	3 beds \| 1 baths \| 1,064 sq.ft.	$284,000	Airbnb cash on cash: 0.34% Traditional cash on cash: 3.36% Airbnb Rental Income: $867 Traditional Rental Income: $1341 Airbnb ROI: 0.34% Traditional ROI: 3.36%
16 Chaucer Court Gray, TN Escape to a private paradise in this stunning 5-bedroom, 3-full-bathroom retreat! The mast...	5 beds \| 3 baths \| 3,780 sq.ft.	$640,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.42% Airbnb Rental Income: $null Traditional Rental Income: $2893 Airbnb ROI: N/A Traditional ROI: 3.42%
398 Hales Chapel Road Gray, TN BACK ON MARKET! BUYERS FAILED TO PERFORM THROUGH FINANCING DECLINED. Exciting updates,...	3 beds \| N/A baths \| 2,266 sq.ft.	$399,900	Airbnb cash on cash: -0.09% Traditional cash on cash: 4.46% Airbnb Rental Income: $867 Traditional Rental Income: $2240 Airbnb ROI: -0.09% Traditional ROI: 4.46%
137 Austin Ridge Court Gray, TN Stunning 3-Bedroom Home with Bonus Room & Oversized Garages - No City Taxes! This beautifu...	3 beds \| N/A baths \| 2,655 sq.ft.	$535,000	Airbnb cash on cash: -0.49% Traditional cash on cash: 4.04% Airbnb Rental Income: $867 Traditional Rental Income: $2795 Airbnb ROI: -0.49% Traditional ROI: 4.04%
132 Hankal Road Gray, TN Charming raised ranch nestled on 5.24 acres of picturesque land in the highly desired Boon...	3 beds \| N/A baths \| 2,544 sq.ft.	$537,900	Airbnb cash on cash: -0.48% Traditional cash on cash: 2.72% Airbnb Rental Income: $867 Traditional Rental Income: $2142 Airbnb ROI: -0.48% Traditional ROI: 2.72%
118 Meadow Court Gray, TN Back on the market at No Fault of the Seller! This immaculate 5 bed 4 bath Cape Cod is loc...	5 beds \| N/A baths \| 4,110 sq.ft.	$499,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.97% Airbnb Rental Income: $null Traditional Rental Income: $3526 Airbnb ROI: N/A Traditional ROI: 5.97%
309 Crouch Road Gray, TN Lakefront Living at its Finest ... 1.78 acres! Heated saltwater in-ground pool. This stunn...	3 beds \| N/A baths \| 1,534 sq.ft.	$749,900	Airbnb cash on cash: -0.63% Traditional cash on cash: 2.28% Airbnb Rental Income: $867 Traditional Rental Income: $2564 Airbnb ROI: -0.63% Traditional ROI: 2.28%
194 Sunset Meadows Court Gray, TN Tucked away at the end of a quiet cul-de-sac in the highly sought-after Sunset Ridge neigh...	4 beds \| 3 baths \| 3,348 sq.ft.	$674,900	Airbnb cash on cash: 1.94% Traditional cash on cash: 2.4% Airbnb Rental Income: $2880 Traditional Rental Income: $2500 Airbnb ROI: 1.94% Traditional ROI: 2.4%
209 Brystone Drive Gray, TN SELLER IS VERY MOTIVATED! Seller will pay up to $5,000 in Buyer's Closing Expenses! Rare o...	4 beds \| N/A baths \| 1,936 sq.ft.	$499,900	Airbnb cash on cash: 3.28% Traditional cash on cash: 3.36% Airbnb Rental Income: $2880 Traditional Rental Income: $2249 Airbnb ROI: 3.28% Traditional ROI: 3.36%
315 Cedar Creek Road Gray, TN Welcome to 315 Cedar Creek in Gray, first time on the market! This charming brick ranch on...	3 beds \| 2 baths \| 1,680 sq.ft.	$475,000	Airbnb cash on cash: -0.35% Traditional cash on cash: 2.56% Airbnb Rental Income: $867 Traditional Rental Income: $1825 Airbnb ROI: -0.35% Traditional ROI: 2.56%
153 H R King Road unit: 1 #1 Gray, TN Back on market- no fault of seller! Lakefront Living in a Private Cove! Welcome to your la...	2 beds \| 2 baths \| 1,442 sq.ft.	$489,000	Airbnb cash on cash: -0.05% Traditional cash on cash: 3.27% Airbnb Rental Income: $960 Traditional Rental Income: $2129 Airbnb ROI: -0.05% Traditional ROI: 3.27%
106 Gentry Hamilton Road Gray, TN This spacious 4-bedroom, 2-bath brick home offers over 2,000 square feet of one-level livi...	4 beds \| 2 baths \| 2,038 sq.ft.	$335,000	Airbnb cash on cash: 5.36% Traditional cash on cash: 5.88% Airbnb Rental Income: $2880 Traditional Rental Income: $2373 Airbnb ROI: 5.36% Traditional ROI: 5.88%
344 Rockingham Road Gray, TN Charming One-Level Ranch on Semi-Wooded Lot just steps away from Boone Lake and Rockingham...	2 beds \| 1 baths \| 960 sq.ft.	$229,800	Airbnb cash on cash: 1.05% Traditional cash on cash: 3.93% Airbnb Rental Income: $960 Traditional Rental Income: $1238 Airbnb ROI: 1.05% Traditional ROI: 3.93%
129 Redman Lane Gray, TN Dreamy Lake Front Home with additional 2 bedroom guest house! As you come into the newly r...	4 beds \| N/A baths \| 1,905 sq.ft.	$750,000	Airbnb cash on cash: 1.86% Traditional cash on cash: 2.65% Airbnb Rental Income: $2880 Traditional Rental Income: $2769 Airbnb ROI: 1.86% Traditional ROI: 2.65%
218 Lake Meadow Drive Gray, TN THIS IS MORE THAN A HOME - IT'S A LIFESTYLE! Welcome to this beautiful lakefront home offe...	4 beds \| 5 baths \| 5,670 sq.ft.	$1,425,808	Airbnb cash on cash: 0.27% Traditional cash on cash: 2.59% Airbnb Rental Income: $2880 Traditional Rental Income: $5281 Airbnb ROI: 0.27% Traditional ROI: 2.59%
170 Village Lane Gray, TN Nestled on a peaceful cul-de-sac, this classic brick ranch home in Gray offers timeless cu...	3 beds \| N/A baths \| 2,045 sq.ft.	$345,000	Airbnb cash on cash: 0.05% Traditional cash on cash: 5.5% Airbnb Rental Income: $867 Traditional Rental Income: $2300 Airbnb ROI: 0.05% Traditional ROI: 5.5%
225 Dry Kiln Court Gray, TN The stunning open floor plan offers one living with1650 finished sq ft, 3 bedrooms, 2 bath...	3 beds \| 2 baths \| 1,650 sq.ft.	$479,000	Airbnb cash on cash: -0.71% Traditional cash on cash: 2.58% Airbnb Rental Income: $867 Traditional Rental Income: $2009 Airbnb ROI: -0.71% Traditional ROI: 2.58%
335 Wiltshire Drive Gray, TN Priced below recent appraisal Wiltshire neighborhood, this custom built one-owner home...	5 beds \| N/A baths \| 3,759 sq.ft.	$725,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.45% Airbnb Rental Income: $null Traditional Rental Income: $4654 Airbnb ROI: N/A Traditional ROI: 5.45%
1406 Martins Glen Lane Gray, TN Must See! Beautiful Home in Martin's Glen - 4 Bedrooms on 3.7 Acres Welcome to this spacio...	4 beds \| N/A baths \| 2,332 sq.ft.	$649,000	Airbnb cash on cash: 2.15% Traditional cash on cash: 2.66% Airbnb Rental Income: $2880 Traditional Rental Income: $2524 Airbnb ROI: 2.15% Traditional ROI: 2.66%
667 Rockingham Road Gray, TN Lakefront Living in Gray, TN Discover the perfect blend of comfort, space, and waterfront ...	4 beds \| 4 baths \| 3,483 sq.ft.	$1,090,000	Airbnb cash on cash: 0.93% Traditional cash on cash: 2.6% Airbnb Rental Income: $2880 Traditional Rental Income: $3903 Airbnb ROI: 0.93% Traditional ROI: 2.6%
533 Oak Grove Road Gray, TN Charming Brick Ranch - Fully Remodeled & Move-In Ready Fantastic opportunity for first-tim...	3 beds \| 2 baths \| 1,040 sq.ft.	$279,900	Airbnb cash on cash: 0.4% Traditional cash on cash: 3.92% Airbnb Rental Income: $867 Traditional Rental Income: $1462 Airbnb ROI: 0.4% Traditional ROI: 3.92%
495 Oak Grove Road Gray, TN 495 Oak Grove Rd - Custom Estate with Pool House, 5-Bay Garage & Resort Amenities Welcome ...	3 beds \| 3 baths \| 3,971 sq.ft.	$1,049,000	Airbnb cash on cash: -0.71% Traditional cash on cash: 1.01% Airbnb Rental Income: $867 Traditional Rental Income: $2216 Airbnb ROI: -0.71% Traditional ROI: 1.01%
130 Hillview Court Gray, TN If you're looking for character, large rooms, and a home in a quiet cul-de-sac in a desira...	3 beds \| N/A baths \| 2,908 sq.ft.	$575,000	Airbnb cash on cash: -0.5% Traditional cash on cash: 2.25% Airbnb Rental Income: $867 Traditional Rental Income: $2011 Airbnb ROI: -0.5% Traditional ROI: 2.25%
228 Wiltshire Drive Gray, TN Do not miss this beautifully remodeled move in ready home located in the heart of Gray! Th...	4 beds \| N/A baths \| 2,011 sq.ft.	$499,900	Airbnb cash on cash: 3.22% Traditional cash on cash: 2.34% Airbnb Rental Income: $2880 Traditional Rental Income: $1798 Airbnb ROI: 3.22% Traditional ROI: 2.34%
107 Station Way Gray, TN 107 Station Way is what we like to call a ''custom spec''. This new build is equipped with...	3 beds \| 2 baths \| 1,660 sq.ft.	$499,900	Airbnb cash on cash: -0.1% Traditional cash on cash: 3.04% Airbnb Rental Income: $867 Traditional Rental Income: $2001 Airbnb ROI: -0.1% Traditional ROI: 3.04%
115 Ramsey Drive Gray, TN Calling all investors! Spacious double wide on a permanent foundation. Country living with...	3 beds \| 2 baths \| 1,566 sq.ft.	$145,000	Airbnb cash on cash: 1.67% Traditional cash on cash: 11.47% Airbnb Rental Income: $867 Traditional Rental Income: $1894 Airbnb ROI: 1.67% Traditional ROI: 11.47%
171 Flourville Rd Gray, TN Welcome to 171 Flourville Rd - A Must-See in North Johnson City's Boones Creek Area! This ...	4 beds \| N/A baths \| 2,537 sq.ft.	$629,900	Airbnb cash on cash: 2.34% Traditional cash on cash: 3.11% Airbnb Rental Income: $2880 Traditional Rental Income: $2662 Airbnb ROI: 2.34% Traditional ROI: 3.11%
209 Glen Oaks Drive Gray, TN Welcome to this beautifully maintained 4/5-bedroom, 4-bath Cape Cod home situated on a gen...	5 beds \| 4 baths \| 3,601 sq.ft.	$669,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.34% Airbnb Rental Income: $null Traditional Rental Income: $3631 Airbnb ROI: N/A Traditional ROI: 4.34%
1128 Keeview Drive Gray, TN This stunning custom-built home sits on 1.17 acres, which includes an additional lot locat...	3 beds \| N/A baths \| 2,476 sq.ft.	$822,000	Airbnb cash on cash: -0.78% Traditional cash on cash: 0.72% Airbnb Rental Income: $867 Traditional Rental Income: $1687 Airbnb ROI: -0.78% Traditional ROI: 0.72%
534 Buckingham Road Gray, TN Welcome to your dream home-an exceptional custom-built residence nestled on 6 private acre...	4 beds \| N/A baths \| 4,240 sq.ft.	$1,325,000	Airbnb cash on cash: 0.39% Traditional cash on cash: 0.23% Airbnb Rental Income: $2880 Traditional Rental Income: $2014 Airbnb ROI: 0.39% Traditional ROI: 0.23%
1132 Panoramic Vista Gray, TN BACK ON MARKET - NO FAULT TO SELLER! Gorgeous Custom-Built Home with Mountain Views & Over...	4 beds \| N/A baths \| 3,147 sq.ft.	$825,000	Airbnb cash on cash: 1.36% Traditional cash on cash: 2.97% Airbnb Rental Income: $2880 Traditional Rental Income: $3446 Airbnb ROI: 1.36% Traditional ROI: 2.97%
170 Greyland Drive Gray, TN Location, charm, and room to grow! Welcome home to this inviting 3-bedroom, 3-bath beauty,...	3 beds \| N/A baths \| 2,072 sq.ft.	$425,000	Airbnb cash on cash: -0.23% Traditional cash on cash: 4.14% Airbnb Rental Income: $867 Traditional Rental Income: $2274 Airbnb ROI: -0.23% Traditional ROI: 4.14%
520 Hales Chapel Road Gray, TN This beautifully updated home features a split bedroom design with vaulted ceilings and si...	3 beds \| 2 baths \| 1,188 sq.ft.	$330,100	Airbnb cash on cash: 0.1% Traditional cash on cash: 3.7% Airbnb Rental Income: $867 Traditional Rental Income: $1651 Airbnb ROI: 0.1% Traditional ROI: 3.7%
202 Harwood Road Gray, TN Welcome to 202 Harwood Road, a beautifully maintained 2017 manufactured home on a permanen...	3 beds \| 2 baths \| 1,620 sq.ft.	$295,000	Airbnb cash on cash: 0.21% Traditional cash on cash: 5.31% Airbnb Rental Income: $867 Traditional Rental Income: $1949 Airbnb ROI: 0.21% Traditional ROI: 5.31%

Your search for investment property begins and ends here

Single Family Homes for Sale in Gray, TN

363 Wiltshire Drive

Gray, TN

3 beds | 3 baths | 2,862 sq.ft.

$565,000

Airbnb cash on cash: -0.45%

Traditional cash on cash: 3.9%

Airbnb Rental Income: $867

Traditional Rental Income: $2832

Airbnb ROI: -0.45%

Traditional ROI: 3.9%

102 Ridgeview Meadows Drive

Gray, TN

4 beds | 3 baths | 2,522 sq.ft.

$534,798

Airbnb cash on cash: 2.87%

Traditional cash on cash: 3.44%

Airbnb Rental Income: $2880

Traditional Rental Income: $2494

Airbnb ROI: 2.87%

Traditional ROI: 3.44%

599 Free Hill Road

Gray, TN

4 beds | 2 baths | 2,813 sq.ft.

$530,000

Airbnb cash on cash: 2.94%

Traditional cash on cash: 3.36%

Airbnb Rental Income: $2880

Traditional Rental Income: $2424

Airbnb ROI: 2.94%

Traditional ROI: 3.36%

138 Village Lane

Gray, TN

4 beds | 2 baths | 1,588 sq.ft.

$319,900

Airbnb cash on cash: 5.75%

Traditional cash on cash: 5.15%

Airbnb Rental Income: $2880

Traditional Rental Income: $2032

Airbnb ROI: 5.75%

Traditional ROI: 5.15%

355 Wiltshire Drive

Gray, TN

4 beds | 2 baths | 2,833 sq.ft.

$564,000

Airbnb cash on cash: 2.68%

Traditional cash on cash: 3.28%

Airbnb Rental Income: $2880

Traditional Rental Income: $2528

Airbnb ROI: 2.68%

Traditional ROI: 3.28%

1123 Keeview Drive

Gray, TN

4 beds | 3 baths | 4,750 sq.ft.

$849,800

Airbnb cash on cash: 1.3%

Traditional cash on cash: 2.04%

Airbnb Rental Income: $2880

Traditional Rental Income: $2799

Airbnb ROI: 1.3%

Traditional ROI: 2.04%

524 Boring Chapel Road

Gray, TN

3 beds | 1 baths | 1,064 sq.ft.

$284,000

Airbnb cash on cash: 0.34%

Traditional cash on cash: 3.36%

Airbnb Rental Income: $867

Traditional Rental Income: $1341

Airbnb ROI: 0.34%

Traditional ROI: 3.36%

16 Chaucer Court

Gray, TN

5 beds | 3 baths | 3,780 sq.ft.

$640,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.42%

Airbnb Rental Income: $null

Traditional Rental Income: $2893

Airbnb ROI: N/A