Home Details for 164 Ramblewood Lane

Spacious 3 bedroom, 2 bath manufactured home situated on a 1.06-acre lot. Built in 2000, this 1,392 sq. ft. home is currently tenant-occupied on a month-to-month lease, providing immediate rental income with the flexibility to deliver vacant possession for an owner-occupant if desired. Significant upgrades include a new roof installed in October 2021 and a full remodel completed in 2017, which added updated carpet, vinyl flooring, appliances (refrigerator and range), and an upgraded electric furnace with coil. With major systems already replaced and consistent rental demand, the property offers reliable cash flow with minimal near-term maintenance. The home currently produces a 6.5% cap rate based on existing rental income, with substantial upside as rents remain below market value. Priced attractively, it is also an excellent option for an owner-occupant seeking affordability, space, and the benefit of recent improvements. Showings require 48 hours' notice per lease terms and must be coordinated with the leasing office; availability is Monday through Friday between 10 AM and 4 PM. Additional financials are available upon request—contact Jessica for more details or to arrange a showing. With immediate cash flow, strong rental demand, and the flexibility for future owner occupancy, this property is a compelling opportunity for both investors and homebuyers alike.

• Heating Information

  • Electric
  • Forced Air

• Water Features

  • Private
  • Well

• Cooling Information

  • Central Air

• Basement

  • Crawl Space