Durable cash flow at a basis site-built cannot touch
Buy-and-Hold Investor
You want long-term rental income with predictable maintenance and the lowest possible cost per door.
The strategy
Buy-and-hold investors use manufactured homes to hit rent-to-cost ratios that are nearly impossible with site-built inventory. A 3/2 double-wide placed on owned land typically delivers strong monthly cash flow with a fraction of the capital exposure.
- Example screening benchmark: 1%+ monthly rent-to-total-project-cost ratio
- Standardize on one or two floor plans to simplify turns
- Use vinyl plank and hardboard finishes for durability
- Place on a permanent foundation for financing optionality
Example economics
- cap rate
- 8.4%
- cash flow
- $520/month
- monthly rent
- $1,450/month
- project cost
- $148,000
Illustrative example only. Figures use hypothetical assumptions to demonstrate how an investor might evaluate a project. Actual home prices, site costs, rents, financing terms, and returns vary by project.
Get StartedUnderwrite it
Model the returns
Adjust the assumptions for your county and financing terms.
Project costs
Income & operating
Financing
Your numbers
Project analysis
Total project cost
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Monthly payment
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Monthly cash flow
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Cash invested $0
Cap rate
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Cash-on-cash
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DSCR
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Annual NOI
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Payback period
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Many investment-property lenders may look for a DSCR around 1.25 or higher. Requirements vary by lender and loan program.
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Get StartedPlanning tool only. Project-cost assumptions are entered by the user. MHA sells manufactured homes and coordinates delivery; installation, foundation, site work, septic, utilities, permits, financing, and other project services are arranged independently by the customer.