Is Hannibal, MO a good place to invest in rental property?

Hannibal, MO has a median modeled monthly cash flow of $-616 and a median cap rate of 3.2%, on a median sold price of $178,000. Prices changed -0.9% year over year.

What is the average cap rate in Hannibal, MO?

The median cap rate across recently sold homes in Hannibal, MO is 3.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Hannibal, MO?

The median sold price in Hannibal, MO is $178,000 (about $115 per square foot).

Investing in Hannibal, MO Real Estate

A data-driven snapshot of the Hannibal, MO rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$178,000Median sold price

$115Median $/sqft

3.2%Median cap rate

$-616Modeled cash flow / mo

-0.9%Appreciation YoY

7.3Months of supply

154Active listings

252Sold (last 12 mo)

What the Hannibal numbers say

In Hannibal, MO, the median home sold for $178,000 (about $115 per square foot), and the typical deal models out to a 3.2% cap rate with a median $-616 of monthly cash flow. Sold prices moved -0.9% over the past year. Inventory sits at about 7.3 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Missouri markets to compare

See Hannibal cash-flowing listings

CashFlowRE ranks every for-sale home in Hannibal, MO by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Hannibal deals, or browse the national market data.