2119 E Zora St · Joplin, MO 64801

$118,500

3 bd · 2.0 ba · 2,085 sqft · Other public records · 11 Days on market

Built 1970 1.00 ac lot

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Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• DSCR +10.0/10.0
• 1% rule +8.5/10.0
• ARV discount +7.5/15.0
• Rent growth +3.2/5.0
• Livability +3.2/5.0
• Schools +2.9/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Opportunity awaits! This home is centrally located to many amenities and sits on 1.34 acres in town! Offering plenty of space to make it your own, whether you are looking to renovate or create your dream home-this is your chance! Don't miss your chance to turn this home into something special!

Key facts

• Plenty of space
• 1.34 acres
• 1 acre lot

Tags

• 1.34 ACRES
• PLENTY OF SPACE

Property features AI

Exterior

• Parking: Driveway parking
• Utilities: Septic tank
• Home design: Single-family residence (freestanding); Residential property
• Construction: Vinyl siding; Brick exterior
• Exterior features: Composition roof; Irregular 1.34-acre lot

Interior

• Flooring: Carpet; Vinyl; Wood
• Bathrooms: 2 full bathrooms
• Heating & cooling: Natural gas heating; Ceiling fans (no central air)
• Interior features: Ceiling fans throughout

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath other listed at $118k.

Deal economics

• At list price, monthly cash flow is $515 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $118k).
• Cap rate 11.5% vs local median 5.1% in Joplin — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 64/100 on livability (#318 in MO) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime F, amenities F, commute F.
• Joplin Schools (urban): math 30% / reading 39% proficiency, ranked #231 of 324 in MO (top 71%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Royal Heights Elem. (math 27% / reading 37%, grade F, #761 of 1,115 statewide, top 72%, 244 students, 65% FRL); East Middle (math 22% / reading 40%, grade F, #279 of 391 statewide, top 72%, 597 students, 66% FRL).
• Market conditions: Rents rising (+3.0%/yr); 371 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 602 units permitted in Jasper County in 2024 (0 in 5+ unit buildings).
• This rent runs 37% of the median local income ($53k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $819 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $33k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• Only 11 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $118,500

Questions for the listing agent

1. Built in 1970 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.35% ✓
• Cap rate: 11.51%
• Cash-on-cash: 18.63%
• DSCR: 1.83
• GRM: 6.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.95% rent growth · sell at horizon

5-year hold

• IRR: 10.3%
• Equity multiple: 1.41×
• Total profit: $13,507
• Equity at exit: $17,669

10-year hold

• IRR: 19.4%
• Equity multiple: 2.62×
• Total profit: $53,603
• Equity at exit: $10,246

Cash invested: $33,180 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 81 Strongly Landlord-Friendly
• State Missouri: 81 Strongly Landlord-Friendly · R+10
• County: — inherits STATE
• City: — inherits STATE

Generally landlord-friendly; St Louis has some habitability requirements.

Methodology + full state rankings →

ZIP-level market 64801

• Rents YoY: 3.0%
• Active inventory: 371
• Price-to-rent: 6.2×

Monthly cashflow live

• Estimated rent: $1,601 medium
• Mortgage (P&I): −$621
• Tax from tax record: −$79 /mo · $948/yr
• Insurance: −$49
• HOA: −$0
• Vacancy / Maint / Mgmt: −$336
• Net cashflow: $515

Break-even live

Break-even rent $949

Max offer price $118,500

Occupancy floor 63%

Sensitivity live

Price	-10% $582	-5% $549	+0% $515	+5% $482	+10% $448
Rent	-10% $389	-5% $452	+0% $515	+5% $578	+10% $642
Rate	-1.0pp $575	-0.5pp $545	base $515	+0.5pp $484	+1.0pp $453

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $29,625
• Closing costs: $3,555
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2813 Waters Edge Blvd Joplin, MO	3.0	2.0	1751	$2,400	$1.37	21d	1	0.78mi

Listing history 6 events

1. 2026-05-22
   status Pending

   Show marketing remark (294 chars)

   Opportunity awaits! This home is centrally located to many amenities and sits on 1.34 acres in town! Offering plenty of space to make it your own, whether you are looking to renovate or create your dream home-this is your chance! Don't miss your chance to turn this home into something special!

2. 2026-05-22
   status Pending 294-char remark

   Show marketing remark (294 chars)

   Opportunity awaits! This home is centrally located to many amenities and sits on 1.34 acres in town! Offering plenty of space to make it your own, whether you are looking to renovate or create your dream home-this is your chance! Don't miss your chance to turn this home into something special!

3. 2026-05-08
   listed $118,500 Active

   Show marketing remark (294 chars)

   Opportunity awaits! This home is centrally located to many amenities and sits on 1.34 acres in town! Offering plenty of space to make it your own, whether you are looking to renovate or create your dream home-this is your chance! Don't miss your chance to turn this home into something special!

4. 2026-05-08
   listed $118,500 Active 294-char remark

   Show marketing remark (294 chars)

   Opportunity awaits! This home is centrally located to many amenities and sits on 1.34 acres in town! Offering plenty of space to make it your own, whether you are looking to renovate or create your dream home-this is your chance! Don't miss your chance to turn this home into something special!

5. 2026-04-20
   soldstatus
6. 2005-03-07
   soldstatus

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MO · Resets to sale price

• Current annual tax: $948 · $79/mo
• Projected year-2 tax: $1,149 · $96/mo
• Expected delta: +$201/yr (+$17/mo · 21.2%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥106°F today · 20 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 2% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,214
• − Mortgage interest: −$6,638
• − Property taxes: −$948
• − Insurance: −$592
• − Repairs & maintenance: −$1,537
• − Management: −$1,537
• − Depreciation: −$3,447
• Taxable income: $4,514
• Est. tax owed @ 24.0%: −$1,083
• After-tax cash flow: $5,098/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Joplin Schools
• NCES district ID: 2916350
• Math proficiency: 30% ▼ -3.00%
• Reading proficiency: 39% ▼ -3.00%
• Median HH income: $38,648
• Composite: 28.82/100
• National rank: #6657
• State rank: #231 of 324 in MO

Livability — Joplin

• Score: 64/100
• State rank: #318
• US rank: #14578

Category grades

Amenities F Commute F Cost of living A+ Crime F Employment D- Housing A+ Health & safety D- User ratings B-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Joplin, MO
• County: Jasper County · 79,035 people
• City population: 73,303
• Metro: Joplin, MO
• Population (ZIP): 36,287
• Household income: $52,620
• Rent vs Own: 46.7% rent · 53.3% own
• Severe rent burden: 1710.0

Population outlook (Jasper County) Hauer SSP2

• Today (2025): 120,033 people
• By 2030: 120,091 · +0.0%
• By 2040: 119,297 · -0.6%
• By 2050: 117,705 · -1.9%
• By 2075: 110,402 · -8.0%
• By 2100: 99,719 · -16.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Two or more races 8% Hispanic / Latino 6% Black 3% Asian 2% Native American 1%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Slovak 2% Lithuanian 2% Italian 2%
• Foreign-born: 4% · Canada
• Languages at home: 94% English-only · Spanish 3% Other Asian/Pacific 1%

Political lean MEDSL · Jasper

• 2024 margin: Solid R (+46.8) · D 25.9% · R 72.7% · Other 1.4%
• 2008→2024 swing: -13.6pp toward R · 2008: -33.2pp · 2024: -46.8pp
• All cycles: 2024: R+46.8 2020: R+46.2 2016: R+50.8 2012: R+41.0 2008: R+33.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -174.15%
• Current HPI: 248.5056
• Rent YoY: ▲ 2.95%
• Metro: Joplin, MO
• State GDP YoY: ▲ 1.84%
• F500 in state: 20

Industry mix (Fortune 500 HQ in MO)

Industry	F500 HQs	Revenue
▸Healthcare	1	$163B
▸Insurance	1	$21B
▸Industrial Technology	1	$17B
▸Retail	1	$16B
▸Industrial Distribution	1	$10B
▸Utilities	1	$9B

Price history

+0.0% since first listed

6 events — show timeline

• 2026-05-22 Pending — OGAR
• 2026-05-22 Pending — SOMO
• 2026-05-08 Listed $118,500 SOMO
• 2026-05-08 Listed $118,500 OGAR
• 2026-04-20 Sold (Public Records) — Public Records
• 2005-03-07 Sold (Public Records) — Public Records

Property tax history

+1.1%/yr

Latest (2025): $948 · +2.2% YoY. Source: county tax records.