2115 Byers AveJoplinMO64804
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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 2115 Byers Ave, Joplin, MO, 64804 generates $1,235/mo in rent and, after a $783/mo payment, leaves $239/mo in cash flow. Total monthly income is $1,235/mo, and annual cash flow is $2,866/yr on $53,007 invested. Return on cash invested sits at 25.32% in year one, and rental yield is 9.27% on a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 131.88% and total cumulative return in cash sums $69,906. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,235/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
6,250 sqft 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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