Investor-owned properties comprise 12.3% of the single-family residential market in St. Helena Parish, totaling 324 homes.
Individual investors form the bedrock of the local rental market, owning 245 properties, which is a commanding 75.6% share of all investor-owned SFRs. In contrast, company investors hold the remaining 84 properties (25.9%).
A defining characteristic of this market is its lack of leverage; an overwhelming 98.1% of investor-owned properties (318 out of 324) are held in cash, with only 6 properties reported as financed. This suggests a low-risk, long-term holding strategy among local investors.
The rental concentration is nearly absolute, with 323 of the 324 properties (99.7%) classified as rented or non-owner-occupied, underscoring the portfolio's purpose as a source of rental housing.
The investor base itself is skewed heavily toward individuals, with 287 individual landlords compared to 82 company entities. This nearly 3.5-to-1 ratio reinforces the 'mom-and-pop' nature of the parish's rental landscape.