hi Zach. Welcome.
Honestly, look for a 01+ 2.3L 4banger. You'll be much happier with it's output. I used to have a 2.5L '01 and it just wasn't much at all in the power department, at least for me. The power difference between the two is night and day...espicially with a manual. If you're wanting to haul, I'd suggest a different engine all together...different tranny too. I suggest, depending on your budget, getting an older 4.0(98-00) with an auto. I don't tow much at all with the Ranger but have in plenty of old jobs and these manual trannys aren't too much up for the task. Both the clutch components and the trans itself is just weak. The auto is alot stronger of an option. Of course, if it's just a light utility trailer, that's not a problem at all for even the 2.5 5spd.
'01 XLT disguised as a '03 Fx4 Level II.