Fayette County, WV, hosts a substantial landlord-owned SFR market, with 4,696 properties representing 33.4% of the total 14,046 SFR properties available in the county.
Individual investors are the driving force behind this market, owning 4,202 properties (89.5%) compared to companies at 498 properties (10.6%), challenging narratives of corporate dominance.
A striking pattern reveals that 100.0% of all 4,696 investor-owned properties are cash purchases, indicating a market primarily driven by unfinanced capital or robust investor liquidity in Fayette County, WV.
The investor landscape is heavily skewed towards individual landlords, with 5,217 individual entities owning properties compared to just 302 company entities, highlighting the prevalence of smaller-scale operations.
Given the definitions, all 4,696 landlord-owned properties are non-owner-occupied, reaffirming their primary purpose as rental units within the market.
The average portfolio size for individual landlords is approximately 0.8 properties (4,202 properties / 5,217 entities), while companies average about 1.6 properties (498 properties / 302 entities), reflecting that even company ownership is concentrated among smaller portfolios in this county.