Staunton (VA) sees substantial investor activity, with 1,191 SFR properties (15.0% of the total 7,936 SFR market) under landlord ownership.
Individual investors are the backbone of the local rental market, owning 874 properties, which accounts for 73.4% of all investor-owned SFR.
Companies hold a smaller but notable 333 SFR properties, representing 28.0% of the investor-owned portfolio in Staunton (VA).
The vast majority of investor-owned properties, 1,155 out of 1,191 (97.0%), are rented, highlighting that investors are primarily focused on generating rental income.
A significant 926 properties are held outright for cash, more than triple the 265 properties that are financed, indicating a preference for debt-free assets or strong cash positions among investors.
The investor landscape is largely composed of individuals, with 1,035 individual landlords compared to 227 company landlords, a ratio of approximately 4.56 individual landlords for every company.
The prevalence of individual landlords (82.0% of all entities) versus company landlords (18.0%) indicates that mom-and-pop operations form the core of the investor community in Staunton (VA).