72 Horseshoe DrJoplinMO64804
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
Rental property for sale in Joplin at 72 Horseshoe Dr, Joplin, MO, 64804 priced at $712,000 pairs $4,524/mo rent with $90/mo cash flow after a $3,485/mo payment. Total monthly income equals $4,524/mo, and annual cash flow comes to $1,076/yr on $234,248 invested. Return on cash invested is 20.52% in year one, and rental yield stands at 7.62% on a $712,000 basis. Equity gained on principal adds $4,594/yr, and 5% annual appreciation accumulates to $196,712 by year five. Five-year ROI measures 106.13% and total cumulative return in cash reaches $248,607. For financing, Ziffy Mortgage’s DSCR program evaluates $4,524/mo property income against a $3,485/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1987
3 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