202 S 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 202 S Connor Ave, Joplin, MO, 64801 priced at $124,900 converts $997/mo rent into $219/mo cash flow after a $611/mo obligation. Total monthly income equals $997/mo, and annual cash flow totals $2,634/yr on $41,404 invested. Return on cash invested prints 26.27% in year one, and rental yield reads 9.58% against a $124,900 entry. Equity gained on principal adds $806/yr, while 5% annual appreciation compiles into $34,508 by year five. Five-year ROI reaches 137.05% and total cumulative return in cash sums $56,746. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $997/mo property income covering a $611/mo payment, not borrower’s personal income.
Single Family
Built in 1930
6,900 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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