512 S Cox 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 512 S Cox Ave, Joplin, MO, 64801 priced at $144,900 converts $1,127/mo rent into $225/mo cash flow after a $709/mo obligation. Total monthly income equals $1,127/mo, and annual cash flow totals $2,698/yr on $48,034 invested. Return on cash invested prints 25.52% in year one, and rental yield reads 9.33% against a $144,900 entry. Equity gained on principal adds $935/yr, while 5% annual appreciation compiles into $40,033 by year five. Five-year ROI reaches 133.01% and total cumulative return in cash sums $63,889. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,127/mo property income covering a $709/mo payment, not borrower’s personal income.
Single Family
Built in 1910
7,000 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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