In Jackson County, WV, landlords collectively own 1,213 Single Family Residential (SFR) properties, which constitutes 16.9% of the total SFR market, revealing a notable investor presence.
Individual investors overwhelmingly dominate the landlord landscape, holding 1,069 (88.1%) of all investor-owned SFR properties, compared to companies owning just 144 (11.9%).
The financing structure for investor-owned SFR properties in Jackson County, WV shows a significant preference for cash purchases, with 1,198 properties (98.8%) being cash-held and only 15 properties (1.2%) being financed.
An impressive 97.6% (1,184 properties) of landlord-owned SFR properties are rented, indicating that almost the entire investor portfolio is geared towards generating rental income, aligning with the definition of a landlord as primarily non-owner-occupied.
While individuals hold the vast majority of properties, company landlords (115 entities) on average manage slightly more properties per entity (1.25 properties per company) than individual landlords (0.82 properties per individual), suggesting greater operational scale for companies, despite their lower overall property count.
The total landlord entity count for Jackson County, WV stands at 1,414, with individual landlords comprising 1,299 (91.9%) of all landlords, reinforcing their market prevalence by entity count as well as property count.