111 N Connor AveJoplinMO64801
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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 Joplin at 111 N Connor Ave, Joplin, MO, 64801 generates $1,159/mo in rent and, after a $542/mo payment, leaves $469/mo in cash flow. Total monthly income is $1,159/mo, and annual cash flow is $5,633/yr on $36,697 invested. Return on cash invested sits at 35.26% in year one, and rental yield is 12.56% on a $110,700 entry. Equity gained on principal adds $714/yr, while 5% annual appreciation builds toward $30,584 over five years. Five-year ROI reaches 185.32% and total cumulative return in cash sums $68,007. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,159/mo property income rather than buyer’s personal income.
Multi Family
Built in 1920
8,973 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64801, Joplin, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,109 (100%) |
| Owner Occupied HU | 8,513 (49.8%) |
| Renter Occupied HU | 6,875 (40.2%) |
| Vacant Housing Units | 1,721 (10.1%) |
| Median Home Value | $200,081 |
| Average Home Value | $236,329 |
Housing Distribution
Address Breakdown
Residential
15,579
Single Family
14,670
Multi-Family
909
Businesses
1,693
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