/\ Nice looking Ranger ....I had a '94 that I sold to get my current 4X Explorer for off-roading...the 4.0 ohv in that was just shy of 250,000 when I sold it and it ran perfectly, I was even negligent on timely oil changes, never needed to open engine up for anything.
You got the last year the 4.0 ohv was available, my neighbor has one too, which I always assumed was likely a 3.0, but discovered recently it's a 4.0 as well.