220 S Florida AveJoplinMO64801
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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
Investment Highlights
Investment property for sale in Joplin at 220 S Florida Ave, Joplin, MO, 64801 at $183,900 posts ROI 30.77% with $552/mo cash flow from $1,697/mo rent. Total monthly income equals $1,697/mo, and annual cash flow records $6,622/yr on $60,963 to close. Return on cash invested measures 30.77% and rental yield reads 11.07% at the current $183,900. Equity gained on principal adds $1,187/yr, and 5% annual appreciation supports $50,808 by year five. Five-year ROI prints 161.12% and total cumulative return in cash totals $98,225.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,697/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2020
5,662 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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