Investor ownership in St. John the Baptist Parish is modest, with landlords holding 113 single-family residential properties, which constitutes just 1.0% of the total 11,527 SFRs in the market.
The market is overwhelmingly characterized by small-scale, individual ownership. Individual landlords own 91 properties (80.5% of the portfolio), compared to just 24 properties (21.2%) owned by companies.
This individual dominance is also reflected in the entity count, where there are 117 individual landlords compared to only 25 company landlords, reinforcing the 'mom-and-pop' nature of the local rental market.
A significant financial characteristic of this market is the complete absence of leverage; 100% of the 113 investor-owned properties are held as cash assets, with zero properties financed.
The portfolio is heavily geared towards rental use, with 106 of the 113 properties (93.8%) actively rented, demonstrating a clear strategy of buy-and-hold for income rather than speculative flipping.