3111 & 3121 E 12th St #1-8JoplinMO64801
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play3111 & 3121 E 12th St #1-8, Joplin, MO, 64801 in Joplin is priced for appreciation, not yield. Rental yield 0.88%. At $1,975,000 with a 0.88% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $545,656 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.16) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $51,070.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0.9% | 7.8% |
| Monthly Cash Flow | $(10,849) | $320 |
City averages based on Joplin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,451 |
| Total Monthly Debt Service | $11,514 |
| DSCR Ratio | 0.13x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1985
1.54 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Multi Family
Built in 1985
1.54 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carolyn Ferguson • Pro X Realty LLC
Mls Name: NABOR AR
Mls Provider:
Mls ID: #1280918
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.