This is the cheapest manufactured home within the last 360 days in this zip code. The second and third cheapest are only 2-bedroom, 1-bathroom and are both built before 1976. This 3-bedroom, 2-bathroom, manufactured home offers 1,104 square feet of living space and sits on a spacious quarter-acre lot in the Southgate neighborhood of Ocala. There is no lot rent, making it an attractive option for investors. Conveniently located just ten minutes from Paddock Mall, and close to local parks, schools, shopping, and dining, the home benefits from strong demand in a rapidly growing area of Central Florida.

The property includes a metal roof and a septic system that was serviced last year. While the home will need to be repiped if choosing to flip, this creates a clear value-add opportunity for the next owner. Investors pursuing a fix-and-flip strategy can further enhance value by installing new flooring and baseboards throughout, refreshing the bathrooms, and updating and opening up the kitchen to better meet current buyer expectations.

For buy-and-hold investors, Ocala’s strong rental market supports attractive rental income and the potential for a high CAP rate, especially with no lot rent impacting cash flow. Manufactured homes on owned land continue to perform well as affordable rental options, and this property’s location and lot size only strengthen its appeal. With multiple exit strategies and upside potential, this opportunity is an attractive investment for investors looking to capitalize on one of Florida’s fastest-growing markets.

Contact your EquityPro Advisor for more information today.