In Franklin Parish, real estate investors hold a significant 21.1% of the Single-Family Residential market, totaling 1,218 properties.
Individual 'mom-and-pop' investors are the backbone of this market, owning 951 properties, which constitutes a commanding 78.1% share of all investor-owned SFRs. In contrast, company-owned entities hold 279 properties, or 22.9%.
A defining characteristic of this market is its reliance on cash. An overwhelming 97.0% of investor-owned properties (1,182) are owned free and clear, with only 36 properties carrying financing. This indicates a low-leverage, high-equity investor base.
The investor portfolio is heavily geared towards generating rental income, with 1,127 properties (92.5%) actively rented and non-owner-occupied.
By entity count, the dominance of small investors is even more pronounced. There are 1,007 distinct landlords in the parish, of which 893 are individuals and 114 are companies, a ratio of nearly 8 to 1.