Investors hold a significant 12.5% share of the Single-Family Residential (SFR) market in Plaquemines Parish, with a total of 614 properties under their control out of 4,895 total SFRs.
The ownership structure is overwhelmingly dominated by 509 individual landlords who own 430 properties, accounting for 70.0% of the investor-owned housing stock. In contrast, 162 companies own the remaining 188 properties (30.6%), highlighting the market's grassroots nature.
Investors in this market demonstrate a strong preference for all-cash ownership, indicating low leverage and high equity. A remarkable 548 properties (89.2%) are owned free and clear, compared to only 66 properties (10.8%) that carry financing.
The primary strategy for these holdings is generating rental income, as confirmed by 584 properties being actively rented. This focus on rentals underscores the vital role these 671 landlords play in providing housing for the parish.
The data paints a clear picture of a market defined by small-scale, individual investors who use cash to build their portfolios, a foundation that suggests stability and long-term commitment to the local housing ecosystem.