Landlords in Franklin (NE) collectively own 432 Single Family Residential (SFR) properties, which constitutes a significant 43.7% of the total 988 SFR properties in the county. This demonstrates a robust investor presence within the local housing market.
Individual investors overwhelmingly dominate the landlord landscape in Franklin (NE), owning 386 properties, representing 89.4% of all investor-owned SFR. In stark contrast, company-owned properties account for only 51 properties, or 11.8% of the portfolio, challenging narratives of corporate landlord dominance.
The ownership structure by entity count further emphasizes individual prevalence, with 532 individual landlords compared to just 47 company landlords across the county, reflecting an 11.32:1 ratio of individual to company entities.
A striking pattern in Franklin (NE) is that 100% of all investor-owned properties (432) were acquired via cash, with no financed properties reported. This signals a highly self-funded or debt-free investment strategy among landlords in this region.
The portfolio's composition reveals a clear focus on the rental market, as 430 of the 432 investor-owned properties are classified as rented. This near 100% rental rate indicates that landlords in Franklin (NE) are primarily long-term rental providers, supporting the non-owner-occupied definition.