Landlords in Iron County, MO, collectively own 1,379 Single Family Residential (SFR) properties, representing a substantial 41.8% of the total 3,301 SFR properties in the market. This high penetration indicates a significant presence of investor-owned housing across the county, impacting local housing dynamics.
Individual investors overwhelmingly dominate the landlord landscape, controlling 1,148 properties, which accounts for 83.2% of all investor-owned SFR. In contrast, company-owned properties number 281, making up 20.4% of the landlord portfolio, underscoring the prevalence of small-scale individual landlords over corporate entities.
The ownership structure reveals 1,536 individual landlords compared to 222 company landlords, further solidifying the mom-and-pop investor as the primary force in the county's rental market. This entity count disparity highlights that individual investors are not only more numerous but also contribute significantly more properties to the total inventory.
An extraordinary 100.0% of all 1,379 investor-owned properties were acquired through cash, with no financed properties reported among landlord holdings. This signals a highly cash-intensive investment strategy or a market where traditional financing for investment properties is not prevalent or recorded.
The vast majority of investor-owned properties, 1,354 out of 1,379, are currently rented, representing 98.2% of the landlord portfolio. This high rental rate confirms that investor activity in Iron County is predominantly focused on generating rental income from non-owner-occupied properties, aligning with the core definition of landlord activity.