2140 Mia Faith PlJoplinMO64804
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing2140 Mia Faith Pl, Joplin, MO, 64804 in Joplin is a stable, well-positioned rental at $345,000. Rental yield 6.69%. DSCR 1.24 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $95,317 in value and $3,177/yr in principal paydown builds equity, a total projected return of $116,313.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.7% | 7.8% |
| Monthly Cash Flow | $(226) | $320 |
City averages based on Joplin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,922 |
| Total Monthly Debt Service | $2,011 |
| DSCR Ratio | 0.96x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2001
7,200 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2001
7,200 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices