3544 Oak Ridge DrJoplinMO64804
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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 3544 Oak Ridge Dr, Joplin, MO, 64804 priced at $238,600 pairs $2,292/mo rent with $806/mo cash flow after a $1,168/mo payment. Total monthly income equals $2,292/mo, and annual cash flow comes to $9,670/yr on $79,096 invested. Return on cash invested is 32.14% in year one, and rental yield stands at 11.53% on a $238,600 basis. Equity gained on principal adds $1,540/yr, and 5% annual appreciation accumulates to $65,921 by year five. Five-year ROI measures 168.44% and total cumulative return in cash reaches $133,231. For financing, Ziffy Mortgage’s DSCR program evaluates $2,292/mo property income against a $1,168/mo payment instead of your W2s, 1099s, or Tax returns.
Home Type Unknown
Built in 1939
0.33 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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