In Plaquemines Parish, investors hold a significant 12.5% share of the Single-Family Residential market, totaling 612 properties out of 4,895.
Individual, or 'mom-and-pop', investors are the primary force in the market, owning 429 properties, which constitutes a 70.1% majority of the investor-owned housing stock. Company investors hold the remaining 187 properties (30.6%).
This market shows a strong preference for un-leveraged assets, with cash purchases accounting for 547 properties, nearly 8.5 times the number of financed properties (65). This indicates a financially conservative or cash-heavy investor base.
The portfolio is clearly investment-focused, with 584 properties identified as rented, underscoring the role these properties play in the local rental supply.
The ownership structure is granular, with 672 distinct landlord entities in total. The count is heavily skewed towards individuals, with 510 individual landlords outnumbering the 162 company landlords by more than a 3-to-1 margin.