What Are Manufactured Housing REITs?
Manufactured Housing Real Estate Investment Trusts (REITs) own and operate communities of prefabricated homes, offering affordable housing options. These REITs generate income by leasing land to homeowners or renting out manufactured homes, benefiting from strong demand in a cost-conscious housing market.
Why Invest?
Manufactured housing REITs provide stable cash flow, high occupancy rates, and lower operating costs compared to traditional apartments. With housing affordability challenges growing, demand for budget-friendly living solutions continues to rise, making these REITs an attractive investment.
Challenges & Outlook
While manufactured housing REITs face zoning restrictions and supply constraints, they benefit from limited competition and consistent demand. As affordability concerns persist and homeownership becomes less attainable, these REITs offer strong long-term growth potential in the residential real estate sector.
Manufactured
housing REITs
Ticker Symbol | Company Name | Property Sector | Market Cap ($B) | Dividend Yield | Payout Frequency | Price-to-FFO | Debt Ratio | Short Interest | |
---|---|---|---|---|---|---|---|---|---|
SUI | Sun Communities | Manufactured Housing | 16.16 | 2.87% | Quarter | 18.4 | 29% | 1.5% | |
ELS | Equity Lifestyle | Manufactured Housing | 13.33 | 2.50% | Quarter | 25.2 | 22% | 3.2% | |
UMH | UMH Properties | Manufactured Housing | 0.97 | 5.60% | Quarter | 17.2 | 41% | 2.4% | |