Neq E Street & Connecticut Ave #44-5JoplinMO64804
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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 Neq E Street & Connecticut Ave #44-5, Joplin, MO, 64804 listed at $260,000 pairs $1,604/mo rent with a $1,273/mo payment. Total monthly income runs $1,604/mo. Return on cash invested measures 19.69% in year one, and rental yield registers 7.4% at a $260,000 basis. Equity gained on principal adds $1,678/yr, and annual property appreciation at 5% supports $71,833 by year five. Five-year ROI tracks 101.75% and total cumulative return in cash totals $87,701. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,604/mo property income relative to a $1,273/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
1 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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Listed by: Alan Buttram • BUTTRAM COMMERCIAL REAL ESTATE LLC
Mls Name: Ozark Gateway AOR
Mls Provider:
Mls ID: #163787
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.