Investors hold a significant 33.9% of the total Single-Family Residential (SFR) market in East Carroll Parish, controlling 706 out of 2,084 properties.
Individual investors are the overwhelming force in this market, owning 592 properties, which accounts for 83.9% of all investor-owned SFRs. In contrast, company investors own just 114 properties, or 16.1% of the portfolio.
The investor market is characterized by a strong preference for debt-free ownership. A remarkable 98.0% of the portfolio (692 properties) is owned with cash, while a mere 14 properties (2.0%) are financed, indicating a low-leverage, long-term holding strategy.
The entity count further underscores the dominance of small-scale operators. There are 636 individual landlords compared to only 80 company landlords, a ratio of nearly 8 to 1.
Nearly all investor-owned properties are positioned as rentals, with 684 properties classified as rented, reinforcing the primary business model of these asset holders in the parish.