223 E Fountain RdJoplinMO64801
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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 223 E Fountain Rd, Joplin, MO, 64801 priced at $168,100 pairs $1,510/mo rent with $463/mo cash flow after a $823/mo payment. Total monthly income equals $1,510/mo, and annual cash flow comes to $5,554/yr on $55,725 invested. Return on cash invested is 29.88% in year one, and rental yield stands at 10.78% on a $168,100 basis. Equity gained on principal adds $1,085/yr, and 5% annual appreciation accumulates to $46,443 by year five. Five-year ROI measures 156.36% and total cumulative return in cash reaches $87,133. For financing, Ziffy Mortgage’s DSCR program evaluates $1,510/mo property income against a $823/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
0.34 Acres 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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