3007 Outer RdJoplinMO64804
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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 3007 Outer Rd, Joplin, MO, 64804 priced at $396,900 pairs $2,118/mo rent with after a $1,943/mo payment. Total monthly income equals $2,118/mo. Return on cash invested is 16.68% in year one, and rental yield stands at 6.4% on a $396,900 basis. Equity gained on principal adds $2,561/yr, and 5% annual appreciation accumulates to $109,656 by year five. Five-year ROI measures 85.56% and total cumulative return in cash reaches $112,575. For financing, Ziffy Mortgage’s DSCR program evaluates $2,118/mo property income against a $1,943/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1986
3.08 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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