401 E 41st StJoplinMO64804
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
Investment Highlights
Investment property for sale in Joplin at 401 E 41st St, Joplin, MO, 64804 uses $38,487 cash to close to unlock $14,876/yr annual cash flow and $1,240/mo monthly cash flow. Total monthly income runs $1,968/mo, and a $568/mo payment keeps the spread at $1,240/mo. Purchase price stands at $116,100, and rental yield measures 20.34% with $1,968/mo rent. Return on cash invested shows 58.56% in year one, and 5% annual appreciation builds toward $32,076 over five years. Five-year ROI reaches 310.25% and total cumulative return in cash records $119,407. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,968/mo property income covering a $568/mo payment rather than investor’s personal income.
Home Type Unknown
Built in 1940
2 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices