319 N Oak AveJoplinMO64801
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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 319 N Oak Ave, Joplin, MO, 64801 priced at $142,600 pairs $1,670/mo rent with $782/mo cash flow after a $698/mo payment. Total monthly income equals $1,670/mo, and annual cash flow comes to $9,382/yr on $47,272 invested. Return on cash invested is 39.76% in year one, and rental yield stands at 14.05% on a $142,600 basis. Equity gained on principal adds $920/yr, and 5% annual appreciation accumulates to $39,398 by year five. Five-year ROI measures 209.32% and total cumulative return in cash reaches $98,951. For financing, Ziffy Mortgage’s DSCR program evaluates $1,670/mo property income against a $698/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2018
6,185 sqft 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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