InsiderMonkey reports UMH Properties (NYSE:UMH) generates an average of $391 for each of its 10,644 homesites. With vacancies around only 20 percent, involvement in manufactured homes sales and rentals, and no exposure to commercial or retail properties, it is wildly profitable. Although it is considered a small-time real estate investment trust (REIT), its seven percent dividend yield is secure. UMH increased its portfolio by 11 percent in 2011 and 20 percent in 2012, and has an $18.3 million preferred stock portfolio. The firm’s current $39 million in equity securities of other REITs rises when it has cash not working elsewhere. MHProNews follows the company’s stock—in trading March 27 it closed down -0.10 at 10.24.

(Photo credit: UMH Properties, Inc.)