1504 Union StHannibalMO63401
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1504 Union St, Hannibal, MO, 63401 generates $993/mo in rent and, after a $612/mo payment, leaves $214/mo in cash flow. Total monthly income is $993/mo, and annual cash flow is $2,572/yr on $41,438 invested. Return on cash invested sits at 26.12% in year one, and rental yield is 9.53% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 136.27% and total cumulative return in cash sums $56,465. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $993/mo property income rather than buyer’s personal income.
Single Family
Built in 1913
0.48 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices