Mobile Home Park Tenant Affordability Calculator
Apply income-to-rent thresholds across W-2, 1099, and fixed-income applicants.
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Why income-to-rent isn't always 3x
The standard 3x-gross rule was designed for W-2 apartment applicants. It excludes meaningful slices of the MHP applicant pool — fixed-income retirees who can absolutely afford $400/month lot rent on $1,800/month Social Security, and 1099 contractors whose income is lumpier. Apply the right ratio for the income source.
Recommended thresholds
- W-2 employees: 3x gross monthly income
- 1099 / self-employed: 3.5x gross (lumpier income, larger safety margin)
- Fixed-income: 2.5x net (income is stable but won't grow)
- Cash-economy: 3.5x verified net via 3 months of bank statements
What about asset depth?
For older applicants on fixed income, savings depth often matters more than current income. A 70-year-old with $80,000 in savings and $1,800/month Social Security is a stronger applicant than the income-to-rent rule alone suggests. Build an exceptions framework into your written criteria.
For more, see our income-to-rent guide or the glossary entry.