In Grant Parish, investors hold a significant 13.0% of the Single-Family Residential market, totaling 695 properties out of 5,330.
The market is dominated by individual investors, who own 556 properties, accounting for 80.0% of the investor-owned portfolio. Company investors hold the remaining 139 properties (20.0%).
This individual dominance extends to the number of entities, with 658 individual landlords compared to 114 company landlords, a ratio of nearly 6 to 1.
A defining characteristic of this market is the preference for cash ownership. A staggering 670 properties (96.4%) are owned outright, while only 25 properties are financed, signaling a low-leverage, risk-averse strategy among local investors.
The portfolio is heavily focused on rental income, with 680 of the 695 properties identified as non-owner-occupied or rented, confirming the primary business model for local landlords.