2201 S Porter 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
Investment property for sale in Joplin at 2201 S Porter Ave, Joplin, MO, 64804 listed at $122,900 pairs $955/mo rent with a $602/mo payment to leave $189/mo cash flow. Total monthly income runs $955/mo, and annual cash flow reaches $2,270/yr on $40,741 cash to close. Return on cash invested measures 25.48% in year one, and rental yield registers 9.32% at a $122,900 basis. Equity gained on principal adds $793/yr, and annual property appreciation at 5% supports $33,955 by year five. Five-year ROI tracks 132.88% and total cumulative return in cash totals $54,138. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $955/mo property income relative to a $602/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1905
6,000 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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Listed by: Tanya Scott • NextHome SoMo Life
Mls Name: Ozark Gateway AOR
Mls Provider:
Mls ID: #254824
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