In Iberville Parish, 1,435 single-family residential properties are investor-owned, which constitutes 14.7% of the total 9,784 SFRs in the market. This penetration rate highlights a significant real estate investor presence in the local housing ecosystem.
Ownership is heavily skewed towards individuals over corporations. Individual landlords own 961 properties (67.0% of the investor-owned total), while companies own the remaining 479 properties (33.4%). A similar split is seen in the number of entities, with 1,034 individual landlords compared to 261 company landlords.
The average portfolio is larger for companies, which hold about 1.8 properties per entity, compared to individuals who hold less than one property per entity on average, skewed by the large number of single-property owners.
Investors in this market overwhelmingly use cash for acquisitions. A total of 1,251 properties were purchased with cash, vastly outnumbering the 184 properties that are currently financed. This 6.8-to-1 cash-to-finance ratio suggests that investors have significant capital and are possibly avoiding interest rate volatility.
The portfolio is clearly focused on rental income, with 1,350 of the 1,435 properties identified as rentals. This 94.1% rental rate confirms that the primary strategy for SFR investors in Iberville Parish is buy-and-hold for long-term rental revenue.