Investors hold a significant 22.3% of the Single-Family Residential (SFR) market in Bienville Parish, totaling 795 properties out of 3,565 available homes.
Individual 'mom-and-pop' investors are the definitive backbone of the local rental market, owning 548 properties, which accounts for a 68.9% share of all investor-owned SFRs. In contrast, company-owned properties total 251, making up the remaining 31.6%.
A defining characteristic of this market is the preference for all-cash acquisitions. A staggering 92.3% of investor-owned homes (734 properties) are held free and clear, with only 61 properties (7.7%) carrying financing, signaling a low-leverage, high-equity investment environment.
The entity count further solidifies the dominance of small investors, with 598 individual landlords compared to 226 company landlords. This 2.6-to-1 ratio of individuals to companies underscores the grassroots nature of SFR investment in the parish.
The portfolio's purpose is clear, with 782 of the 795 properties (98.4%) identified as rented. This high rental penetration confirms that the overwhelming majority of these properties are actively serving as housing for tenants rather than being held for other purposes.