Landlords in Barry, MO maintain a significant presence, controlling 1,710 Single Family Residential (SFR) properties, which constitutes 19.2% of the total SFR market.
Individual investors overwhelmingly dominate the landlord landscape, owning 1,406 properties (82.2% of investor-owned SFR), while company-owned properties account for 364 (21.3%). This highlights the prevalence of mom-and-pop investors in the region.
The portfolio is highly rental-focused, with 1,681 properties (98.3%) being rented out. This underscores that investor-owned SFR in Barry, MO primarily serves the rental housing market.
A majority of landlord-owned properties, 1,103 (64.5%), were acquired via cash, with the remaining 607 (35.5%) being financed. This suggests a preference for cash-backed investments or a robust cash flow among landlords.
Comparing ownership types, companies hold 100.0% of their properties as rented (364 properties), and 69.2% as cash-purchased (252 properties). Individual landlords also largely rent out their portfolios (97.7% or 1,373 properties) with 60.5% (851 properties) being cash acquisitions, showing similar, high rental-focused strategies.
Individual landlords (2,135 entities) far outnumber company landlords (311 entities), establishing an entity ratio of approximately 6.86 individual landlords for every company landlord in the market.