Can a manufactured home really appreciate?

[Melvin Noriega]

Hey BP!

I was browsing the forums but could not find a pre-existing discussion that provided enough information on manufactured home investing. If you have any experiences or references it would be greatly appreciated if you share it, hopefully, this discussion can answer someone else's question when they browse the forums in the future.

I found a 3 bed 2 bath 1870sqft manufactured home with a masonry foundation on a 10000 sqft lot. My goal is to purchase it as a buy and hold rental property and place a tenant in it. Should I expect it to be worth less every year because it is a manufactured home or does having a foundation and land make it more like a SFH?

[Mark Fries]

@Melvin Noriega Manufactured homes never go up in value they just drop like a brick... Kind of like when you buy a Range Rover brand new for $100,000 and 3 years later you can find the same thing on craigslist for like $9,000... But like somebody said before, the land value does go up. Mobile homes are just strictly a cash flow play.