In Terrebonne Parish, LA, the investor-owned single-family residential market is small, comprising only 52 properties, which is just 0.2% of the total 23,047 SFR properties.
Company investors hold a commanding majority of the portfolio, owning 37 properties (71.2%), while individual investors own the remaining 15 properties (28.8%). This breakdown challenges the common narrative of individual 'mom-and-pop' dominance and points to a market with a more corporate ownership structure.
The number of landlord entities further supports this trend, with 29 company landlords compared to only 17 individual landlords operating in the parish.
Financial strategies among investors heavily favor liquidity and minimal leverage. An overwhelming 49 of the 52 properties are owned with cash, while only 3 are financed, indicating that investors in this market are not reliant on debt for their acquisitions.
The rental footprint is currently small, with only 4 properties explicitly listed as rented, suggesting that many of the non-owner-occupied properties may be held for other purposes or are between tenants.