3122 Rendlen AveHannibalMO63401
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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
Investment property for sale in Hannibal at 3122 Rendlen Ave, Hannibal, MO, 63401 uses $54,863 cash to close to unlock $1,444/yr annual cash flow and $120/mo monthly cash flow. Total monthly income runs $1,151/mo, and a $810/mo payment keeps the spread at $120/mo. Purchase price stands at $165,500, and rental yield measures 8.35% with $1,151/mo rent. Return on cash invested shows 22.54% in year one, and 5% annual appreciation builds toward $45,725 over five years. Five-year ROI reaches 117.06% and total cumulative return in cash records $64,224. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,151/mo property income covering a $810/mo payment rather than investor’s personal income.
Single Family
Built in 1990
0.25 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
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