Investors hold a significant footprint in Little River County, owning 877 Single-Family Residential properties, which constitutes 27.6% of the total SFR market.
The ownership structure is overwhelmingly dominated by individual investors, who own 791 properties, or 90.2% of the investor-owned portfolio. Company investors hold the remaining 104 properties (11.9%).
A defining characteristic of this market is the financing method: 100% of the 877 investor-owned properties were acquired with cash, with no properties currently financed. This suggests a market of financially stable, debt-averse investors or a lack of traditional financing options.
The vast majority of investor-owned properties are actively used as rentals, with 857 properties currently rented, underscoring the rental-focused strategy of landlords in the area.
The landlord landscape mirrors the property ownership split, with 920 individual landlords far outnumbering the 70 company landlords, a ratio of more than 13 to 1.