2829 Ohio 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 2829 Ohio Ave, Joplin, MO, 64804 with 5% annual appreciation on a $181,800 basis while $1,302/mo rent supports operations. Total monthly income totals $1,302/mo and a $890/mo payment preserves $170/mo for cash returns. Annual cash flow comes to $2,035/yr on $60,267 deployed, and return on cash invested reaches 23.29% in year one. Equity gained on principal adds $1,173/yr, and five-year appreciation sums $50,228 alongside rental yield of 8.59%. Five-year ROI measures 121.05% and total cumulative return in cash totals $72,954.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,302/mo property income versus a $890/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1962
9,583 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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