This entry from ReeseTowpower is a very simple but also inexpensive trailer hitch ball mount. Instead of a vertical drop, it is built with a 9-inch arm with various drilled holes. These are used, along with the included safety pin, to adjust the length and therefore the drop. It’s a very simple product with few bells and whistles. On the other hand, that does mean the price is exceptionally low. As far as ball hitches go, that is superb value.
What else are you getting? Well, as the product name indicates, this is a starter kit. It’s not designed for huge or heavy loads, and the ball mount at the end can’t be changed out. Well, it can be but you need an incredible amount of force to undo that bolt that holds it in place. At least that means it is nice and sturdy.
There is a black powder finish too, however it is very thin. Plan to add extra protection with spray paint if you don’t want to take it out of the hitch receiver all the time. All in all this is a very simple but also very effective product with a very low price tag.