975 Malang Rd · Joplin, MO 64804

$150,000

5 bd · 3.0 ba · 3,086 sqft · Other · 63 Days on market

Built 1980 1.00 ac lot ↓ 40% since listing

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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 +28.2/30.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• 1% rule +7.3/10.0
• Rent growth +5.0/5.0
• Schools +4.1/10.0
• Livability +3.2/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Investor opportunity in Joplin! This spacious property offers 3,086 sq ft with 5 bedrooms and 3 bathrooms, sitting on nearly 2 acres of land, giving investors plenty of room for value-add potential. With solid bones and plenty of space, this property presents an excellent opportunity for renovation, rental income, or resale. Homes with this much square footage and land are becoming harder to find at this price point. The property offers privacy while still being conveniently located near town, making it appealing for both future homeowners and tenants. With the right updates and vision, this property could be transformed into a high-value asset in the growing Joplin market. Whether you're looking for your next fix-and-flip, long-term rental, or investment project, this property offers the space, land, and potential to create strong returns. Opportunities like this don't come around often--bring your ideas and unlock the potential.

Key facts

• 1 acre lot
• 2 garage spots
• Built 1980

What this means for you Summary

Snapshot

• This is a 5-bed/3.0-bath other listed at $150k.

Deal economics

• At list price, monthly cash flow is $474 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).
• Recommended offer: $141k (6.0% below list) — sets the bar for market timing.
• Cap rate 10.1% 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: schools D+, crime F, amenities F.
• Carl Junction R-I (suburban): math 42% / reading 53% proficiency, ranked #57 of 324 in MO (top 18%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+15.7%/yr); 355 active listings in the ZIP; 602 units permitted in Jasper County in 2024 (0 in 5+ unit buildings).
• This rent runs 35% of the median local income ($63k/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 $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $42k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 63 days — a 6% lower offer ($141k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: moderate wildfire risk; extreme-heat days projected 6→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $141,000 (6.0% below list)

Questions for the listing agent

1. It's been on market 63 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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.
7. 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.
8. 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: 1.23% ✓
• Cap rate: 10.09%
• Cash-on-cash: 13.54%
• DSCR: 1.60
• GRM: 6.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: 9.0%
• Equity multiple: 1.37×
• Total profit: $15,655
• Equity at exit: $22,365

10-year hold

• IRR: 21.9%
• Equity multiple: 3.31×
• Total profit: $96,977
• Equity at exit: $12,969

Cash invested: $42,000 (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 64804

• Rents YoY: 15.7%
• Active inventory: 355
• Price-to-rent: 6.8×

Monthly cashflow live

• Estimated rent: $1,849 medium
• Mortgage (P&I): −$787
• Tax from tax record: −$138 /mo · $1,653/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$388
• Net cashflow: $474

Break-even live

Break-even rent $1,249

Max offer price $150,000

Occupancy floor 69%

Sensitivity live

Price	-10% $559	-5% $516	+0% $474	+5% $432	+10% $389
Rent	-10% $328	-5% $401	+0% $474	+5% $547	+10% $620
Rate	-1.0pp $550	-0.5pp $512	base $474	+0.5pp $435	+1.0pp $396

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: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Listing history 8 events

1. 2026-05-13
   status Pending 944-char remark

   Show marketing remark (944 chars)

   Investor opportunity in Joplin! This spacious property offers 3,086 sq ft with 5 bedrooms and 3 bathrooms, sitting on nearly 2 acres of land, giving investors plenty of room for value-add potential. With solid bones and plenty of space, this property presents an excellent opportunity for renovation, rental income, or resale. Homes with this much square footage and land are becoming harder to find at this price point. The property offers privacy while still being conveniently located near town, making it appealing for both future homeowners and tenants. With the right updates and vision, this property could be transformed into a high-value asset in the growing Joplin market. Whether you're looking for your next fix-and-flip, long-term rental, or investment project, this property offers the space, land, and potential to create strong returns. Opportunities like this don't come around often--bring your ideas and unlock the potential.

2. 2026-05-11
   price $150,000 944-char remark

   Show marketing remark (944 chars)

   Investor opportunity in Joplin! This spacious property offers 3,086 sq ft with 5 bedrooms and 3 bathrooms, sitting on nearly 2 acres of land, giving investors plenty of room for value-add potential. With solid bones and plenty of space, this property presents an excellent opportunity for renovation, rental income, or resale. Homes with this much square footage and land are becoming harder to find at this price point. The property offers privacy while still being conveniently located near town, making it appealing for both future homeowners and tenants. With the right updates and vision, this property could be transformed into a high-value asset in the growing Joplin market. Whether you're looking for your next fix-and-flip, long-term rental, or investment project, this property offers the space, land, and potential to create strong returns. Opportunities like this don't come around often--bring your ideas and unlock the potential.

3. 2026-04-21
   price $175,000 944-char remark

   Show marketing remark (944 chars)

   Investor opportunity in Joplin! This spacious property offers 3,086 sq ft with 5 bedrooms and 3 bathrooms, sitting on nearly 2 acres of land, giving investors plenty of room for value-add potential. With solid bones and plenty of space, this property presents an excellent opportunity for renovation, rental income, or resale. Homes with this much square footage and land are becoming harder to find at this price point. The property offers privacy while still being conveniently located near town, making it appealing for both future homeowners and tenants. With the right updates and vision, this property could be transformed into a high-value asset in the growing Joplin market. Whether you're looking for your next fix-and-flip, long-term rental, or investment project, this property offers the space, land, and potential to create strong returns. Opportunities like this don't come around often--bring your ideas and unlock the potential.

4. 2026-04-08
   price $209,000 944-char remark

   Show marketing remark (944 chars)

   Investor opportunity in Joplin! This spacious property offers 3,086 sq ft with 5 bedrooms and 3 bathrooms, sitting on nearly 2 acres of land, giving investors plenty of room for value-add potential. With solid bones and plenty of space, this property presents an excellent opportunity for renovation, rental income, or resale. Homes with this much square footage and land are becoming harder to find at this price point. The property offers privacy while still being conveniently located near town, making it appealing for both future homeowners and tenants. With the right updates and vision, this property could be transformed into a high-value asset in the growing Joplin market. Whether you're looking for your next fix-and-flip, long-term rental, or investment project, this property offers the space, land, and potential to create strong returns. Opportunities like this don't come around often--bring your ideas and unlock the potential.

5. 2026-03-28
   price $229,000 944-char remark

   Show marketing remark (944 chars)

   Investor opportunity in Joplin! This spacious property offers 3,086 sq ft with 5 bedrooms and 3 bathrooms, sitting on nearly 2 acres of land, giving investors plenty of room for value-add potential. With solid bones and plenty of space, this property presents an excellent opportunity for renovation, rental income, or resale. Homes with this much square footage and land are becoming harder to find at this price point. The property offers privacy while still being conveniently located near town, making it appealing for both future homeowners and tenants. With the right updates and vision, this property could be transformed into a high-value asset in the growing Joplin market. Whether you're looking for your next fix-and-flip, long-term rental, or investment project, this property offers the space, land, and potential to create strong returns. Opportunities like this don't come around often--bring your ideas and unlock the potential.

6. 2026-03-18
   price $240,000 944-char remark

   Show marketing remark (944 chars)

   Investor opportunity in Joplin! This spacious property offers 3,086 sq ft with 5 bedrooms and 3 bathrooms, sitting on nearly 2 acres of land, giving investors plenty of room for value-add potential. With solid bones and plenty of space, this property presents an excellent opportunity for renovation, rental income, or resale. Homes with this much square footage and land are becoming harder to find at this price point. The property offers privacy while still being conveniently located near town, making it appealing for both future homeowners and tenants. With the right updates and vision, this property could be transformed into a high-value asset in the growing Joplin market. Whether you're looking for your next fix-and-flip, long-term rental, or investment project, this property offers the space, land, and potential to create strong returns. Opportunities like this don't come around often--bring your ideas and unlock the potential.

7. 2026-03-12
   listed $250,000 Active 944-char remark

   Show marketing remark (944 chars)

   Investor opportunity in Joplin! This spacious property offers 3,086 sq ft with 5 bedrooms and 3 bathrooms, sitting on nearly 2 acres of land, giving investors plenty of room for value-add potential. With solid bones and plenty of space, this property presents an excellent opportunity for renovation, rental income, or resale. Homes with this much square footage and land are becoming harder to find at this price point. The property offers privacy while still being conveniently located near town, making it appealing for both future homeowners and tenants. With the right updates and vision, this property could be transformed into a high-value asset in the growing Joplin market. Whether you're looking for your next fix-and-flip, long-term rental, or investment project, this property offers the space, land, and potential to create strong returns. Opportunities like this don't come around often--bring your ideas and unlock the potential.

8. 2002-02-19
   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: $1,653 · $138/mo
• Projected year-2 tax: $1,653 · $138/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 5/10 Major
• 🌡 Heat 5/10 Major 6 d/yr ≥107°F today · 17 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: $22,191
• − Mortgage interest: −$8,402
• − Property taxes: −$1,653
• − Insurance: −$750
• − Repairs & maintenance: −$1,775
• − Management: −$1,775
• − Depreciation: −$4,364
• Taxable income: $3,471
• Est. tax owed @ 24.0%: −$833
• After-tax cash flow: $4,855/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: Carl Junction R-I
• NCES district ID: 2907350
• Math proficiency: 42% ▲ 1.00%
• Reading proficiency: 53% ▬ 0.00%
• Median HH income: $53,866
• Composite: 41.04/100
• National rank: #3580
• State rank: #57 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

• County: Newton County · 37,016 people
• City population: 73,303
• Metro: Joplin, MO
• Population (ZIP): 37,016
• Household income: $62,574
• Rent vs Own: 32.6% rent · 67.4% own
• Severe rent burden: 1082.0

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 (84%)
• Race & ethnicity: White 84% Two or more races 9% Hispanic / Latino 6% Black 2% Asian 2%
• Hispanic origin (detail): Mexican 3%
• Common ancestry: Slovak 3% Italian 2% Lithuanian 2%
• Foreign-born: 3% · Canada, Vietnam
• Languages at home: 96% English-only · Spanish 1% Other Indo-European 1% Vietnamese 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: ▼ -204.80%
• Current HPI: 279.4471
• Rent YoY: ▲ 15.66%
• 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

-40.0% since first listed

8 events — show timeline

• 2026-05-13 Pending — OGAR
• 2026-05-11 Price Changed $150,000 OGAR
• 2026-04-21 Price Changed $175,000 OGAR
• 2026-04-08 Price Changed $209,000 OGAR
• 2026-03-28 Price Changed $229,000 OGAR
• 2026-03-18 Price Changed $240,000 OGAR
• 2026-03-12 Listed $250,000 OGAR
• 2002-02-19 Sold (Public Records) — Public Records

Property tax history

+1.9%/yr

Latest (2025): $1,653 · +9.3% YoY. Source: county tax records.