Investors hold a significant 28.0% of the 2,219 single-family residential properties in Prairie County, AR, totaling 621 homes.
The market is dominated by 728 individual landlords who own 550 properties (88.6%), while 73 company landlords own the remaining 82 properties (13.2%).
A defining characteristic of this market is the preference for all-cash ownership, with 602 properties (96.9%) owned free of financing, compared to just 19 that are financed. This suggests a low-leverage, risk-averse investor base.
The portfolio is heavily geared towards rental income, with 606 of the 621 properties designated as rented, confirming their use as investment assets rather than secondary homes.
The ratio of landlords (801) to properties (621) indicates that the vast majority of investors own only a single property, underscoring the granular, 'mom-and-pop' nature of the local rental market.