115 Stone Ridge DrHannibalMO63401
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Hannibal at 115 Stone Ridge Dr, Hannibal, MO, 63401 priced at $266,000 converts $1,936/mo rent into $279/mo cash flow after a $1,302/mo obligation. Total monthly income equals $1,936/mo, and annual cash flow totals $3,352/yr on $88,179 invested. Return on cash invested prints 23.71% in year one, and rental yield reads 8.73% against a $266,000 entry. Equity gained on principal adds $1,716/yr, while 5% annual appreciation compiles into $73,491 by year five. Five-year ROI reaches 123.31% and total cumulative return in cash sums $108,737. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,936/mo property income covering a $1,302/mo payment, not borrower’s personal income.
Single Family
Built in 2014
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63401, Hannibal, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,918 (100%) |
| Owner Occupied HU | 5,791 (58.4%) |
| Renter Occupied HU | 3,066 (30.9%) |
| Vacant Housing Units | 1,061 (10.7%) |
| Median Home Value | $190,219 |
| Average Home Value | $223,764 |
Housing Distribution
Address Breakdown
Residential
9,080
Single Family
8,735
Multi-Family
345
Businesses
981
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