62 Carriage RdHannibalMO63401
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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 62 Carriage Rd, Hannibal, MO, 63401 with 5% annual appreciation on a $280,000 basis while $1,997/mo rent supports operations. Total monthly income totals $1,997/mo and a $1,370/mo payment preserves $254/mo for cash returns. Annual cash flow comes to $3,044/yr on $92,820 deployed, and return on cash invested reaches 23.19% in year one. Equity gained on principal adds $1,807/yr, and five-year appreciation sums $77,359 alongside rental yield of 8.56%. Five-year ROI measures 120.49% and total cumulative return in cash totals $111,837.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,997/mo property income versus a $1,370/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1979
0.42 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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