I saw a 95 5.0L today, looked to be in good shape, it was off Rt. 3 and 161 i was tempted to look at it.
but if you can afford a little more, try to find an LS-1 camaro/bird, no one can argue with thier horsepower out of the box. 98 ls-1 + a couple bolt ons = one of the cheapest 12 second cars avaiable*
*mullet not included