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Investment Highlights

  • The property generated consistent gross annual rents of $51,000 in both 2023 and 2024, with minimal expenses, tenants pay all utilities.
  • The current offering price is “AS IS” before the additional improvements are completed, offering a value-add opportunity

Executive Summary

Residential / Ag Property, suited for equestrian, or business / Agriculture / or small AG or construction yard complete with residences.
As of July, 3 of the homes are occupied with rental income of $3350 per month. There is one additional home currently under permit to add doublewide on the property which may be rental occupied (estimated) starting August 1, 2026, causing the income will increase accordingly to $5,100. We have current survey, Permit in process, Deposit on Doublewide, and there is consideration for a possible property split to 1 acre residential parcels would be approved by the county, representing a profitable upside for an investor/buyer.
Current Rental Income is $3350.00 Can be expanded. This is a "For Sale By Owner" - Investor Opportunity – 5-Acre Property with 4 Existing Mobile Homes - at todays Wholesale Price Listing (as is before completion) May be re-platted, re-zoned, and split, or keep portions as is a rental income property, and/or could be used as agriculture business, equine facility, or small construction business yard, equipment yard, and comes with 4 mobile homes. Each home has its own utility pole & meter, and each has its own septic system. Water is is well water. The annual expenses are taxes ($5,477/year may be adjusted lower through Tax Collector) and trash service ($600/year) are the landlord / owner's responsibility (tenants cover all utilities) & allowing $10,800 annual for possible vacancies / additional repairs, therewith affording a solid net income of $44,323 annually. Recent repairs & remodeling on all homes is complete, and include new roofs in May 2025, and additional remodeling & repairs and cleanup overall. Contact owner directly at 916-813-5369.

Financial Summary (Actual - 2026)

Annual Annual Per SF
Gross Rental Income $50,400 $14.40
Other Income - -
Vacancy Loss - -
Effective Gross Income $50,400 $14.40
Taxes $5,477 $1.56
Operating Expenses $600 $0.17
Total Expenses $6,077 $1.74
Net Operating Income $44,323 $12.66

Financial Summary (Actual - 2026)

Gross Rental Income
Annual $50,400
Annual Per SF $14.40
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $50,400
Annual Per SF $14.40
Taxes
Annual $5,477
Annual Per SF $1.56
Operating Expenses
Annual $600
Annual Per SF $0.17
Total Expenses
Annual $6,077
Annual Per SF $1.74
Net Operating Income
Annual $44,323
Annual Per SF $12.66

Property Facts

Price $375,000
Price Per Unit $93,750
Sale Type Investment
Cap Rate 11.82%
No. Units 4
Property Type Multifamily
Property Subtype
Manufactured Housing/Mobile Home
  • Multifamily Apartments
  • Office Office Residential
  • Multifamily Dormitory
Apartment Style Garden
Building Class C
Lot Size 5.00 AC
Building Size 3,500 SF
No. Stories 1
Year Built/Renovated 1980/2025
Zoning AR2 - 4 rental mobile homes on 5 acres zoned RA2. Current rental income is $3350.00.

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Microwave
  • Storage Space
  • Washer/Dryer Hookup
  • Heating
  • Bay Window
  • Ceiling Fans
  • Kitchen
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Views
  • Carpet
  • Yard
  • Deck
  • Garden
  • Lawn
  • Linen Closet
  • Pantry
  • Patio
  • Porch
  • Vinyl Flooring
  • Window Coverings
  • Workshop

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Day Care
  • Fenced Lot
  • Picnic Area
  • Pet Play Area
  • Trash Pickup - Curbside
  • Storage Space
  • Composting
  • Private Bathroom

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 1 $1,000 576
2+1 2 $1,175 672
3+2 1 $1,850 1,344
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
R10-123-21-0050-0000-0950
Land Assessment
$117,300 (2025)
Improvements Assessment
$154,003 (2025)
Total Assessment
$271,303 (2025)
Annual Taxes
$5,477 ($1.56/SF)
Tax Year
2026
  • Listing ID: 35617952

  • Date on Market: 4/24/2025

  • Last Updated:

  • Address: 33133 Ranch Rd, Dade City, FL 33523

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