1511 E 6th StJoplinMO64801
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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 1511 E 6th St, Joplin, MO, 64801 earns $973/mo cash flow from $1,638/mo rent with a $523/mo payment. Total monthly income totals $1,638/mo, and annual cash flow totals $11,671/yr on $35,404 capital. ROI tracks 52.87% on current figures, and rental yield reads 18.4% at a $106,800 purchase. Equity gained on principal adds $689/yr, and 5% annual appreciation supports $29,507 over five years. Five-year ROI reaches 279.74% and total cumulative return in cash sums $99,039. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,638/mo property income instead of your personal income.
Single Family
Built in 1963
6,838 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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