Investor ownership in St. John the Baptist Parish is minimal, comprising just 115 single-family residential properties, or 1.0% of the total 11,527 SFRs in the market. This indicates a very low penetration rate compared to national averages.
The market is dominated by small, individual landlords who own 92 properties, representing 80.0% of the investor-owned portfolio. Company investors hold the remaining 25 properties (21.7%), signaling a landscape driven by local participants rather than large corporations.
A significant financial characteristic of this market is that 100% of the 115 investor-owned properties are owned outright with cash. The complete absence of financing suggests a conservative, debt-averse investment strategy among local landlords.
The vast majority of the portfolio is actively used for rental income, with 107 of the 115 properties identified as rented. This demonstrates a clear focus on buy-and-hold strategies over speculative flipping.
The investor base consists of 145 distinct landlords, with 118 being individuals and 27 being companies. This reinforces the granular nature of the local real estate investing scene, with a high number of owners relative to the small number of properties.