2900 Garfield StHannibalMO63401
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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 2900 Garfield St, Hannibal, MO, 63401 generates $999/mo in rent and, after a $646/mo payment, leaves $177/mo in cash flow. Total monthly income is $999/mo, and annual cash flow is $2,124/yr on $43,758 invested. Return on cash invested sits at 24.76% in year one, and rental yield is 9.08% on a $132,000 entry. Equity gained on principal adds $852/yr, while 5% annual appreciation builds toward $36,469 over five years. Five-year ROI reaches 128.91% and total cumulative return in cash sums $56,407. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $999/mo property income rather than buyer’s personal income.
Single Family
Built in 1936
6,534 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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