Landlords in Woods County, Oklahoma, collectively own 1,102 Single Family Residential (SFR) properties, representing a substantial 35.3% of the total 3,121 SFR properties in the market.
Individual investors overwhelmingly dominate the ownership landscape, holding 894 properties, which accounts for 81.1% of all landlord-owned SFR, while companies own the remaining 216 properties (19.6%).
The portfolio is almost entirely cash-owned, with all 1,102 landlord properties reported as 'Cash' and zero 'Financed' properties, indicating a market preference for unmortgaged assets among investors.
A significant 1,066 of the 1,102 investor-owned properties are rented, equating to a 96.7% rental penetration rate and demonstrating a clear focus on generating rental income.
Individual landlords also represent the vast majority of entities, with 1,028 individual owners compared to 145 company owners, highlighting that the landlord market is predominantly composed of smaller, individual investors.
The ratio of individual to company landlords stands at approximately 7.1:1 (1,028 vs. 145 entities), further solidifying the mom-and-pop nature of the investor landscape in Woods County.