Do Modular homes affect the rental value?

[Mitchell Litam]

Hey guys,

I just looked at a property and all the numbers look great!

The property is in OK shape. A little fix here or there with decent room.

The only thing is its a modular home and I have never dealt with this before.

Do modular homes affect the rental value?

It was built in 1988 if that makes a difference.

Any insight on this subject would be highly appreciate.

[Kevin Sobilo]

@Frank Wong, yes they are constructed off-site, but modular homes meet the same construction standards as a stick built home. They are considered exactly the same as a stick built home for financing or anything else. There would never be any financing issue for a modular because of its method of construction. In fact many times you wouldn't have any way of knowing it was modular construction.

Manufactured are different. They are built to a lesser standard.