1201 E 42nd StJoplinMO64804
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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 Joplin at 1201 E 42nd St, Joplin, MO, 64804 uses $79,527 cash to close to unlock $2,270/yr annual cash flow and $189/mo monthly cash flow. Total monthly income runs $1,683/mo, and a $1,174/mo payment keeps the spread at $189/mo. Purchase price stands at $239,900, and rental yield measures 8.42% with $1,683/mo rent. Return on cash invested shows 22.76% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 118.25% and total cumulative return in cash records $94,039. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,683/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Single Family
Built in 2012
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64804, Joplin, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,142 (100%) |
| Owner Occupied HU | 10,510 (57.9%) |
| Renter Occupied HU | 5,849 (32.2%) |
| Vacant Housing Units | 1,783 ( 9.8%) |
| Median Home Value | $201,071 |
| Average Home Value | $253,353 |
Housing Distribution
Address Breakdown
Residential
16,919
Single Family
15,780
Multi-Family
1,139
Businesses
1,276
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