2522 N Florida Ave · Joplin, MO 64801

$135,000

2 bd · 1.0 ba · 1,176 sqft · Other · 42 Days on market

Built 1930 7,000 sqft lot

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Why this score? — see what drove the D 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 +15.3/30.0
• ARV discount +7.5/15.0
• DSCR +4.7/10.0
• Rent growth +3.2/5.0
• Livability +3.2/5.0
• 1% rule +3.0/10.0
• Schools +2.9/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

2522 N Florida, Joplin. Solid 2BR 1BA on a corner lot. This home has been very well maintained. Covered front porch welcomes you into the foyer w/ wood floors. Spacious living room, formal dining rm & kitchen with pantry. Both bedrooms are good sized with closets to match and share a full bath. Lovely back deck, detached carport w/ storage, and so much more! Firepit in backyard does not convey. Call today for your private showing. Avg Elec $82 Avg Gas $79 | Directions: Zora/Florida, S to home on c orner of Florida & Yuma

Key facts

• Covered front porch
• Bungalow style
• 7,000 sq ft lot

Tags

• BUNGALOW STYLE
• COVERED FRONT PORCH

Property features AI

Exterior

• Parking: Carport (1 space); Parking pad
• Utilities: Public sewer
• Home design: Single-family residence; Freestanding; Residential property
• Construction: Aluminum siding; Stone foundation; Composition roof; Built as single-story (above-grade finished area 1,176)
• Exterior features: Covered porch; Privacy wood fencing; Corner lot; Level topography

Interior

• Kitchen: Gas range; Dishwasher
• Flooring: Wood flooring
• Bathrooms: 1 full bathroom
• Heating & cooling: Floor furnace heating; Ceiling fan cooling
• Interior features: Ceiling fans

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath other listed at $135k.

Deal economics

• At list price, monthly cash flow is $48 ($579/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $108k (20.1% below list).
• Recommended offer: $108k (20.1% below list) — sets the bar for 1% rule.
• Cap rate 6.7% 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); North Middle (math 26% / reading 35%, grade F, #283 of 391 statewide, top 74%, 517 students, 65% FRL).
• Market conditions: Rents rising (+3.0%/yr); 371 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 602 units permitted in Jasper County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $933 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 42 days — a 3% lower offer ($131k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 11y ago 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

• Watch-outs: built in 1930 — expect roof / HVAC / electrical / plumbing capex.
• 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 $107,903 (20.1% below list)

Questions for the listing agent

1. It's been on market 42 days. Have you received any prior offers? Is the seller open to a 20% concession, seller financing, or rate buy-down credit?
2. Built in 1930 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. 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.
8. 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.
9. 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: 0.80% ✗
• Cap rate: 6.72%
• Cash-on-cash: 1.53%
• DSCR: 1.07
• GRM: 10.4

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: -14.0%
• Equity multiple: 0.50×
• Total profit: $-18,920
• Equity at exit: $20,129

10-year hold

• IRR: -5.3%
• Equity multiple: 0.66×
• Total profit: $-12,997
• Equity at exit: $11,672

Cash invested: $37,800 (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: 10.4×

Monthly cashflow live

• Estimated rent: $1,079 high
• Mortgage (P&I): −$708
• Tax from tax record: −$40 /mo · $480/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$227
• Net cashflow: $48

Break-even live

Break-even rent $1,018

Max offer price $135,000

Occupancy floor 91%

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: $33,750
• Closing costs: $4,050
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1880 E Kensington St Joplin, MO	3.0	2.0	1036	$1,400	$1.35	21d	1	0.82mi
3502 Newman Rd Joplin, MO	1.0–3.0	1.0–2.0	850	$875	$1.03	21d	1	1.26mi
3430 Newman Rd Apt 105 Joplin, MO	2.0	2.0	943	$875	$0.93	21d	1	1.30mi
3440 Newman Rd Unit 305 Joplin, MO	2.0	2.0	943	$875	$0.93	21d	1	1.33mi
1613 S Oronogo St Webb City, MO	3.0	2.0	1310	$1,400	$1.07	44d	1	1.35mi
1606 S Oronogo St Webb City, MO	3.0	1.0	1200	$1,200	$1.00	44d	1	1.37mi
3514 Newman Rd Apt 104 Joplin, MO	2.0	2.0	855	$875	$1.02	21d	1	1.42mi
120 S Brownell Ave Joplin, MO	3.0	1.0	1092	$900	$0.82	21d	1	1.50mi

Listing history 27 events

1. 2026-06-19
   days on market $135,000 Active 42 DOM
2. 2026-06-18
   days on market $135,000 Active 41 DOM
3. 2026-06-17
   days on market $135,000 Active 40 DOM
4. 2026-06-16
   days on market $135,000 Active 39 DOM
5. 2026-06-15
   days on market $135,000 Active 38 DOM
6. 2026-06-14
   days on market $135,000 Active 36 DOM
7. 2026-06-13
   days on market $135,000 Active 35 DOM
8. 2026-06-10
   days on market $135,000 Active 33 DOM
9. 2026-06-09
   days on market $135,000 Active 32 DOM
10. 2026-06-08
    days on market $135,000 Active 31 DOM
11. 2026-06-07
    days on market $135,000 Active 30 DOM
12. 2026-06-05
    days on market $135,000 Active 27 DOM
13. 2026-06-03
    days on market $135,000 Active 26 DOM
14. 2026-06-02
    days on market $135,000 Active 25 DOM
15. 2026-06-01
    days on market $135,000 Active 24 DOM
16. 2026-05-31
    days on market $135,000 Active 23 DOM
17. 2026-05-30
    days on market $135,000 Active 22 DOM
18. 2026-05-08
    listed $139,900 Active
19. 2025-11-04
    listed $149,900 Active
20. 2022-01-21
    soldstatus
21. 2015-09-29
    soldstatus
22. 2015-09-29
    soldstatus
23. 2015-09-29
    soldstatus
24. 2015-09-29
    soldstatus
25. 2015-09-28
    soldstatus 538-char remark

    Show marketing remark (538 chars)

    2522 N Florida, Joplin. Solid 2BR 1BA on a corner lot. This home has been very well maintained. Covered front porch welcomes you into the foyer w/ wood floors. Spacious living room, formal dining rm & kitchen with pantry. Both bedrooms are good sized with closets to match and share a full bath. Lovely back deck, detached carport w/ storage, and so much more! Firepit in backyard does not convey. Call today for your private showing. Avg Elec $82 Avg Gas $79 | Directions: Zora/Florida, S to home on c orner of Florida & Yuma

26. 2015-03-30
    listed $47,000 538-char remark

    Show marketing remark (538 chars)

    2522 N Florida, Joplin. Solid 2BR 1BA on a corner lot. This home has been very well maintained. Covered front porch welcomes you into the foyer w/ wood floors. Spacious living room, formal dining rm & kitchen with pantry. Both bedrooms are good sized with closets to match and share a full bath. Lovely back deck, detached carport w/ storage, and so much more! Firepit in backyard does not convey. Call today for your private showing. Avg Elec $82 Avg Gas $79 | Directions: Zora/Florida, S to home on c orner of Florida & Yuma

27. 1981-05-28
    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: $480 · $40/mo
• Projected year-2 tax: $1,310 · $109/mo
• Expected delta: +$830/yr (+$69/mo · 172.9%)

ⓘ 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: $12,948
• − Mortgage interest: −$7,562
• − Property taxes: −$480
• − Insurance: −$675
• − Repairs & maintenance: −$1,036
• − Management: −$1,036
• − Depreciation: −$3,927
• Taxable loss: −$1,768
• Est. tax savings @ 24.0%: +$424
• After-tax cash flow: $1,003/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

+197.7% since first listed

10 events — show timeline

• 2026-05-08 Listed $139,900 OGAR
• 2025-11-04 Listed $149,900 SOMO
• 2022-01-21 Sold (Public Records) — Public Records
• 2015-09-29 Sold (Public Records) — Public Records
• 2015-09-29 Sold (Public Records) — Public Records
• 2015-09-29 Sold (Public Records) — Public Records
• 2015-09-29 Sold (Public Records) — Public Records
• 2015-09-28 Sold (MLS) — OGAR
• 2015-03-30 Listed $47,000 OGAR
• 1981-05-28 Sold (Public Records) — Public Records

Property tax history

+1.4%/yr

Latest (2025): $480 · +12.0% YoY. Source: county tax records.