In Jefferson Davis Parish, landlords hold a significant 2,041 single-family properties, making up 20.3% of the total 10,065 SFRs in the market. This demonstrates a substantial investor presence in the local housing ecosystem.
The ownership landscape is overwhelmingly composed of individual investors rather than large corporations. Individuals own 1,589 properties, accounting for 77.9% of the investor-owned portfolio, while companies own the remaining 487 properties (23.9%).
A striking financial characteristic of this market is the preference for cash acquisitions. An overwhelming 1,808 properties (88.6% of the portfolio) are owned without financing, compared to only 233 that are financed. This suggests a market of well-capitalized investors who are less sensitive to interest rate fluctuations.
The portfolio is clearly geared towards generating rental income, with 1,989 properties (97.5%) classified as rented. This high concentration underscores the primary strategy of local investors as providers of rental housing.
The investor base itself reflects the individual ownership trend, with 1,920 individual landlords making up the vast majority of the 2,199 total entities. This highlights that the market is driven by small-scale operators, not a handful of large firms.