Investors hold 872 Single-Family Residential properties in West Baton Rouge Parish, representing 10.2% of the total 8,536 SFRs in the market.
Individual, or 'mom-and-pop', investors are the definitive owners in this market, controlling 622 properties, which accounts for 71.3% of the entire investor-owned portfolio. Company-owned properties trail significantly at 253 properties (29.0%).
The investor landscape is dominated by cash purchases, with 724 properties owned free and clear. This is nearly five times the number of financed properties (148), indicating a market characterized by low leverage and high equity.
The entity count further underscores the dominance of small investors. There are 700 individual landlords compared to just 138 company landlords, meaning individuals make up 83.5% of all investor entities in the parish.
The portfolio is heavily focused on rentals, with 831 of the 872 properties being non-owner-occupied. This 95.3% rental rate demonstrates a clear strategy of generating rental income over other investment approaches.