In Abbeville County, investors hold 1,209 single-family residential properties, accounting for 15.5% of the total 7,817 SFRs in the market. This reveals a significant, established rental market within the county.
The ownership structure is overwhelmingly dominated by individual real estate investors, who own 1,048 properties, or 86.7% of the investor-owned portfolio. Company-owned properties constitute a much smaller share at 165 properties (13.6%).
A unique characteristic of this market is its complete reliance on cash financing. All 1,209 investor-owned properties were acquired with cash, with no financed properties recorded. This points to a market of financially liquid investors who operate without leverage.
The portfolio is heavily geared towards rentals, with 1,177 properties identified as rented. This demonstrates that the primary strategy for investors in Abbeville is generating long-term rental income rather than short-term flips or other uses.
The market consists of 1,379 distinct landlord entities, with individuals comprising the vast majority (1,233 entities) compared to just 146 company entities. This high number of entities relative to properties suggests a fragmented market composed primarily of very small-scale operators.