Landlords in Yazoo (MS) control 2,235 SFR properties, representing a significant 30.0% of the total 7,460 SFR properties in the county. This high market penetration highlights the substantial presence of investors in the local housing market.
The investor landscape is predominantly individual-driven, with individual owners holding 1,571 properties (70.3%) compared to companies owning 679 properties (30.4%). This ratio challenges the perception of corporate dominance, showing the prevalence of individual landlords in this county.
A staggering 98.3% of investor-owned properties, totaling 2,198 properties, were acquired with cash, indicating a strong preference for unfinanced acquisitions or a lack of financing options. Only 37 properties (1.7%) are currently financed, revealing a market heavily reliant on cash transactions.
The vast majority of investor holdings are rental-focused, with 2,183 properties (97.7%) being rented and thus non-owner-occupied. This confirms that almost all investor activity is geared towards generating rental income, not personal residency.
Despite individuals owning 70.3% of properties, they account for an even larger share of landlord entities, with 1,529 individual landlords (74.7%) compared to 519 company landlords (25.3%) out of 2,048 total. This signifies that individual landlords are more numerous but tend to own smaller portfolios on average than companies.