2811 S Wall 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 2811 S Wall Ave, Joplin, MO, 64804 priced at $249,999 pairs $2,093/mo rent with $536/mo cash flow after a $1,224/mo payment. Total monthly income equals $2,093/mo, and annual cash flow comes to $6,428/yr on $82,875 invested. Return on cash invested is 27.67% in year one, and rental yield stands at 10.05% on a $249,999 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,070 by year five. Five-year ROI measures 144.5% and total cumulative return in cash reaches $119,758. For financing, Ziffy Mortgage’s DSCR program evaluates $2,093/mo property income against a $1,224/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1934
0.29 Acres 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: YES Real Estate Group, Christine Yunek • Fathom Realty
Mls Name: Ozark Gateway AOR
Mls Provider:
Mls ID: #244402
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