Landlords in Laclede County, MO collectively own 1,587 Single Family Residential (SFR) properties, constituting 22.4% of the county's total SFR market of 7,091 properties, indicating a notable investor presence.
Individual investors form the backbone of the landlord market, owning 1,210 SFR properties, which represents 76.2% of all investor-owned housing. Companies hold the remaining 413 properties, accounting for 26.0% of the investor-owned portfolio.
A striking 97.8% of all landlord-owned properties, totaling 1,552 units, are designated as rented, confirming that virtually all investor activity in Laclede County is geared towards the rental market rather than owner-occupancy.
The preference for cash acquisitions is evident, with 1,159 properties (73.0% of landlord-owned) purchased outright. This contrasts sharply with 428 financed properties (27.0%), highlighting a strong inclination towards debt-free investments among landlords.
The landscape of landlords is overwhelmingly individual-driven, with 1,555 individual landlords making up 87.1% of the 1,786 total landlord entities. Only 231 companies (12.9%) operate as landlords in Laclede County, MO.
Company-owned portfolios exhibit a 100.0% rental rate and a higher reliance on financing at 33.7%, compared to individual investors whose properties are 94.1% rented and 23.9% financed, suggesting differing capital strategies.