In St. Helena Parish, investors hold 324 single-family properties, making up 12.2% of the parish's total 2,657 SFRs. This portfolio is predominantly in the hands of 269 individual investors, who own 252 properties, or 77.8% of the total investor-owned stock.
Company ownership, while smaller, is still notable with 84 companies owning 86 properties, which constitutes 26.5% of the investor-held market. The data reveals a significant disparity between the number of individual landlords and the properties they own versus their company counterparts.
A defining characteristic of this market is the preference for all-cash holdings. An overwhelming 317 of the 324 investor properties are owned outright without financing, compared to only 7 properties with active mortgages. This suggests a low-leverage strategy among local investors.
The portfolio is almost entirely dedicated to rentals, with 322 of the 324 properties identified as rented or non-owner-occupied. This near-100% rental rate underscores that the primary strategy for the typical real estate investor in this market is generating rental income rather than speculation or personal use.
Overall, the holdings data paints a picture of a market dominated by small, individual landlords who use cash to acquire and hold properties for long-term rental revenue, operating with minimal debt.