Investors have a substantial footprint in Labette County, owning 2,700 SFR properties, which constitutes 37.1% of the total 7,271 SFRs in the market.
The ownership structure is heavily skewed towards private individuals, who own 2,105 properties (78.0%), compared to companies, which own 609 properties (22.6%).
This individual dominance is also reflected in the entity count, with 2,294 individual landlords compared to just 247 company landlords, a ratio of over 9 to 1.
A striking financial characteristic of this market is the complete absence of financing; 100% of the 2,700 investor-owned properties are held in cash.
The portfolio is clearly investment-focused, with 2,587 properties classified as rented, indicating a strong rental market presence by these owners.