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Updated over 4 years ago,
Mobile Home Property - Good deal or No?
Looking for a first deal with low risk and low entry price. In my area there are a lot of mobile homes in a decent area located near jobs, transportation and the busier part of town. From what I’ve gathered landlords are renting around $1400-$1700 for mobile like the link I’ve added. Given the price point of $50,000, I would make my money back in 2.5 years. Is there something I’m missing or are these mobile homes great deals?
https://www.zillow.com/homedetails/525-Riverleigh-Ave-UNIT-M8-Riverhead-NY-11901/144062238_zpid/