In Davison (SD), landlords collectively own 1,151 Single-Family Residential (SFR) properties, accounting for a substantial 19.2% of the county's total SFR market of 6,005 properties. This indicates a significant investor presence within the local housing landscape.
Individual investors overwhelmingly dominate the ownership landscape in Davison (SD), holding 979 SFR properties, which represents 85.1% of all landlord-owned SFR. In contrast, company-owned properties make up a smaller share, with 172 properties or 14.9% of the total investor portfolio.
The market in Davison (SD) exhibits a distinctive financial characteristic: all 1,151 investor-owned SFR properties are acquired through cash, with no financed properties recorded among landlord holdings. This suggests a preference for debt-free ownership or a market where financing for investor properties is limited or not utilized.
A vast majority of landlord-owned properties are actively rented, with 1,108 properties (96.3%) generating rental income. This high percentage underscores that nearly all investor-owned properties in Davison (SD) serve as rental units, highlighting a strong focus on long-term rental income strategies rather than short-term flips or speculative holdings.
The ratio of individual to company landlords further reinforces the dominance of smaller investors, with 1,153 individual landlords compared to just 109 company landlords, a ratio of approximately 10.58 individual landlords for every one company landlord in Davison (SD).