Investor ownership has a significant footprint in Jenkins County, with landlords holding 670 single-family residential properties, which constitutes 33.0% of the total SFR market.
The market is overwhelmingly dominated by 585 individual 'mom-and-pop' landlords who own 550 properties (82.1% of the investor portfolio), dwarfing the 124 properties (18.5%) held by 76 companies.
A strong preference for all-cash holdings indicates a well-capitalized and low-leverage investor base, with 585 properties (87.3%) owned free of financing, compared to only 85 properties that are financed.
The investor portfolio is almost entirely geared towards rental income, as 649 properties, or 96.9% of all landlord-owned SFRs, are designated as non-owner-occupied.
While individual investors are more numerous, company-owned portfolios are slightly larger on average, with companies holding approximately 1.63 properties per entity versus about 0.94 for individuals, many of whom own a single rental property.