609 N Pearl 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
Investment property for sale in Joplin at 609 N Pearl Ave, Joplin, MO, 64801 with 5% annual appreciation on a $179,999 basis while $1,343/mo rent supports operations. Total monthly income totals $1,343/mo and a $881/mo payment preserves $222/mo for cash returns. Annual cash flow comes to $2,664/yr on $59,670 deployed, and return on cash invested reaches 24.37% in year one. Equity gained on principal adds $1,162/yr, and five-year appreciation sums $49,730 alongside rental yield of 8.95%. Five-year ROI measures 126.83% and total cumulative return in cash totals $75,676.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,343/mo property income versus a $881/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1902
6,000 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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