2127 S Joplin Ave · Joplin, MO 64804

$125,000

3 bd · 1.0 ba · 1,224 sqft · Other · 87 Days on market

Built 1920 6,000 sqft lot

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Why this score? — see what drove the C+ 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 +26.5/30.0
• DSCR +9.0/10.0
• ARV discount +7.5/15.0
• 1% rule +5.9/10.0
• Rent growth +5.0/5.0
• Livability +3.2/5.0
• Schools +2.9/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Home has newer roof, has massive pantry that doubles as an office. Stove outlet has electric and gas for whichever you prefer. Covered deck area was just completed in May 2023. Workshop has electric and is insulated. Carport and storage shed also convey. The carport has a hook up charging for an electric car built in. (See pic) Chain-link fenced yard. Homes being sold as-is

Key facts

• 6,000 sq ft lot
• Built 1920
• Listed 86 days

Property features AI

Exterior

• Parking: No parking
• Utilities: Public sewer
• Home design: Single-family residence (freestanding)
• Construction: Wood siding
• Exterior features: Porch; Chain link fence; Shingle roof; Lot roughly 50 x 120

Interior

• Kitchen: Electric range; Refrigerator; Microwave; Dishwasher
• Flooring: Carpet; Laminate; Wood
• Bathrooms: 1 full bathroom
• Heating & cooling: Electric central heating; Cooling present
• Interior features: Electric range; Refrigerator; Microwave; Dishwasher; Carpet, laminate, and wood flooring; 7 total rooms

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath other listed at $125k.

Deal economics

• At list price, monthly cash flow is $331 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $125k).
• Recommended offer: $118k (6.0% below list) — sets the bar for market timing.
• Cap rate 9.5% 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: Irving Elementary (math 29% / reading 30%, grade F, #813 of 1,115 statewide, top 75%, 527 students, 67% FRL); South Middle (math 40% / reading 48%, grade D, #121 of 391 statewide, top 32%, 573 students, 47% FRL) — zoned schools at 57% FRL track the district average.
• Market conditions: Rents rising fast (+15.7%/yr); 353 active listings in the ZIP; 15 comparable units currently listed for rent nearby; rentals at typical pace (median 21d 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 $864 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 $35k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 87 days — a 6% lower offer ($118k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 11y ago; this cycle's ask has dropped $20k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1920 — 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 $117,500 (6.0% below list)

Questions for the listing agent

1. It's been on market 87 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
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: 1.09% ✓
• Cap rate: 9.47%
• Cash-on-cash: 11.34%
• DSCR: 1.50
• GRM: 7.6

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: 5.6%
• Equity multiple: 1.23×
• Total profit: $7,992
• Equity at exit: $18,638

10-year hold

• IRR: 18.8%
• Equity multiple: 2.91×
• Total profit: $66,781
• Equity at exit: $10,808

Cash invested: $35,000 (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: 353
• Price-to-rent: 7.6×

Monthly cashflow live

• Estimated rent: $1,367 high
• Mortgage (P&I): −$656
• Tax from tax record: −$42 /mo · $502/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$287
• Net cashflow: $331

Break-even live

Break-even rent $949

Max offer price $125,000

Occupancy floor 71%

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: $31,250
• Closing costs: $3,750
• Reserves months: —
• Total cash needed: —

Rent comps 15 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2201 S Pearl Ave Joplin, MO	3.0	2.0	1487	$1,475	$0.99	20d	1	0.13mi
2010 S Moffet Ave Joplin, MO	2.0	1.0	1000	$950	$0.95	20d	1	0.32mi
1806 Pennsylvania Ave Joplin, MO	3.0	1.0	1295	$1,050	$0.81	20d	1	0.35mi
2602 S Moffet Ave Joplin, MO	3.0	2.0	1214	$1,300	$1.07	20d	1	0.46mi
2012 S Connor Ave Joplin, MO	3.0	2.0	1379	$1,595	$1.16	20d	1	0.49mi
2830 S Pearl Ave Joplin, MO	2.0	2.0	1000	$1,200	$1.20	20d	1	0.59mi
1907 S Picher Ave Joplin, MO	2.0	1.0	1032	$900	$0.87	20d	1	0.67mi
623 W Junge Blvd Joplin, MO	3.0	2.0	1217	$1,500	$1.23	20d	1	0.78mi
3117 S Wall Ave Joplin, MO	2.0	1.0	944	$1,095	$1.16	20d	1	0.80mi
1715 Wisconsin Ave #2 Joplin, MO	2.0	2.0	1000	$900	$0.90	20d	1	0.82mi
2521 S Tyler Ave Joplin, MO	3.0	2.0	1500	$1,700	$1.13	20d	1	1.25mi
524 S Moffet Ave Joplin, MO	3.0	1.0	900	$855	$0.95	20d	1	1.34mi
1119 S Saint Louis Ave Joplin, MO	2.0	1.5	904	$1,100	$1.22	20d	1	1.36mi
2019 W 26th St Joplin, MO	2.0	2.0	1000	$1,100	$1.10	20d	1	1.40mi
2515 S Willard Ave Joplin, MO	3.0	2.0	1500	$1,600	$1.07	20d	1	1.40mi

Listing history 46 events

1. 2026-06-19
   days on market $125,000 Active 87 DOM
2. 2026-06-18
   days on market $125,000 Active 86 DOM
3. 2026-06-17
   days on market $125,000 Active 85 DOM
4. 2026-06-16
   days on market $125,000 Active 84 DOM
5. 2026-06-15
   days on market $125,000 Active 83 DOM
6. 2026-06-14
   days on market $125,000 Active 81 DOM
7. 2026-06-13
   days on market $125,000 Active 80 DOM
8. 2026-06-10
   days on market $125,000 Active 78 DOM
9. 2026-06-09
   days on market $125,000 Active 77 DOM
10. 2026-06-08
    days on market $125,000 Active 76 DOM
11. 2026-06-07
    days on market $125,000 Active 75 DOM
12. 2026-06-05
    days on market $125,000 Active 72 DOM
13. 2026-06-03
    days on market $125,000 Active 71 DOM
14. 2026-06-02
    days on market $125,000 Active 70 DOM
15. 2026-06-01
    days on market $125,000 Active 69 DOM
16. 2026-05-31
    days on market $125,000 Active 68 DOM
17. 2026-05-30
    days on market $125,000 Active 67 DOM
18. 2026-05-04
    price $125,000
19. 2026-04-09
    price $135,000
20. 2026-03-24
    listed $145,000 Active
21. 2024-01-21
    historical $1,000
22. 2024-01-19
    historical $1,000
23. 2024-01-04
    listed $1,000
24. 2023-11-29
    price $1,000
25. 2023-11-11
    price $1,150
26. 2023-11-03
    price $1,200
27. 2023-10-27
    listed $1,175
28. 2023-09-18
    soldstatus Closed 376-char remark

    Show marketing remark (376 chars)

    Home has newer roof, has massive pantry that doubles as an office. Stove outlet has electric and gas for whichever you prefer. Covered deck area was just completed in May 2023. Workshop has electric and is insulated. Carport and storage shed also convey. The carport has a hook up charging for an electric car built in. (See pic) Chain-link fenced yard. Homes being sold as-is

29. 2023-09-15
    soldstatus Closed 376-char remark

    Show marketing remark (376 chars)

    Home has newer roof, has massive pantry that doubles as an office. Stove outlet has electric and gas for whichever you prefer. Covered deck area was just completed in May 2023. Workshop has electric and is insulated. Carport and storage shed also convey. The carport has a hook up charging for an electric car built in. (See pic) Chain-link fenced yard. Homes being sold as-is

30. 2023-09-01
    status Pending 376-char remark

    Show marketing remark (376 chars)

    Home has newer roof, has massive pantry that doubles as an office. Stove outlet has electric and gas for whichever you prefer. Covered deck area was just completed in May 2023. Workshop has electric and is insulated. Carport and storage shed also convey. The carport has a hook up charging for an electric car built in. (See pic) Chain-link fenced yard. Homes being sold as-is

31. 2023-08-17
    historical 376-char remark

    Show marketing remark (376 chars)

    Home has newer roof, has massive pantry that doubles as an office. Stove outlet has electric and gas for whichever you prefer. Covered deck area was just completed in May 2023. Workshop has electric and is insulated. Carport and storage shed also convey. The carport has a hook up charging for an electric car built in. (See pic) Chain-link fenced yard. Homes being sold as-is

32. 2023-08-09
    status Pending 376-char remark

    Show marketing remark (376 chars)

    Home has newer roof, has massive pantry that doubles as an office. Stove outlet has electric and gas for whichever you prefer. Covered deck area was just completed in May 2023. Workshop has electric and is insulated. Carport and storage shed also convey. The carport has a hook up charging for an electric car built in. (See pic) Chain-link fenced yard. Homes being sold as-is

33. 2023-08-09
    status Pending 376-char remark

    Show marketing remark (376 chars)

    Home has newer roof, has massive pantry that doubles as an office. Stove outlet has electric and gas for whichever you prefer. Covered deck area was just completed in May 2023. Workshop has electric and is insulated. Carport and storage shed also convey. The carport has a hook up charging for an electric car built in. (See pic) Chain-link fenced yard. Homes being sold as-is

34. 2023-08-09
    historical 376-char remark

    Show marketing remark (376 chars)

    Home has newer roof, has massive pantry that doubles as an office. Stove outlet has electric and gas for whichever you prefer. Covered deck area was just completed in May 2023. Workshop has electric and is insulated. Carport and storage shed also convey. The carport has a hook up charging for an electric car built in. (See pic) Chain-link fenced yard. Homes being sold as-is

35. 2023-08-08
    historical 376-char remark

    Show marketing remark (376 chars)

    Home has newer roof, has massive pantry that doubles as an office. Stove outlet has electric and gas for whichever you prefer. Covered deck area was just completed in May 2023. Workshop has electric and is insulated. Carport and storage shed also convey. The carport has a hook up charging for an electric car built in. (See pic) Chain-link fenced yard. Homes being sold as-is

36. 2023-08-02
    status Pending 376-char remark

    Show marketing remark (376 chars)

    Home has newer roof, has massive pantry that doubles as an office. Stove outlet has electric and gas for whichever you prefer. Covered deck area was just completed in May 2023. Workshop has electric and is insulated. Carport and storage shed also convey. The carport has a hook up charging for an electric car built in. (See pic) Chain-link fenced yard. Homes being sold as-is

37. 2023-07-30
    price $79,900 376-char remark

    Show marketing remark (376 chars)

    Home has newer roof, has massive pantry that doubles as an office. Stove outlet has electric and gas for whichever you prefer. Covered deck area was just completed in May 2023. Workshop has electric and is insulated. Carport and storage shed also convey. The carport has a hook up charging for an electric car built in. (See pic) Chain-link fenced yard. Homes being sold as-is

38. 2023-07-30
    price $79,900 376-char remark

    Show marketing remark (376 chars)

    Home has newer roof, has massive pantry that doubles as an office. Stove outlet has electric and gas for whichever you prefer. Covered deck area was just completed in May 2023. Workshop has electric and is insulated. Carport and storage shed also convey. The carport has a hook up charging for an electric car built in. (See pic) Chain-link fenced yard. Homes being sold as-is

39. 2023-07-21
    price $89,900 376-char remark

    Show marketing remark (376 chars)

    Home has newer roof, has massive pantry that doubles as an office. Stove outlet has electric and gas for whichever you prefer. Covered deck area was just completed in May 2023. Workshop has electric and is insulated. Carport and storage shed also convey. The carport has a hook up charging for an electric car built in. (See pic) Chain-link fenced yard. Homes being sold as-is

40. 2023-07-21
    price $89,900 376-char remark

    Show marketing remark (376 chars)

    Home has newer roof, has massive pantry that doubles as an office. Stove outlet has electric and gas for whichever you prefer. Covered deck area was just completed in May 2023. Workshop has electric and is insulated. Carport and storage shed also convey. The carport has a hook up charging for an electric car built in. (See pic) Chain-link fenced yard. Homes being sold as-is

41. 2023-07-14
    listed $99,900 Active 376-char remark

    Show marketing remark (376 chars)

    Home has newer roof, has massive pantry that doubles as an office. Stove outlet has electric and gas for whichever you prefer. Covered deck area was just completed in May 2023. Workshop has electric and is insulated. Carport and storage shed also convey. The carport has a hook up charging for an electric car built in. (See pic) Chain-link fenced yard. Homes being sold as-is

42. 2023-07-13
    listed $99,900 Active 376-char remark

    Show marketing remark (376 chars)

    Home has newer roof, has massive pantry that doubles as an office. Stove outlet has electric and gas for whichever you prefer. Covered deck area was just completed in May 2023. Workshop has electric and is insulated. Carport and storage shed also convey. The carport has a hook up charging for an electric car built in. (See pic) Chain-link fenced yard. Homes being sold as-is

43. 2015-08-31
    soldstatus
44. 2015-08-28
    soldstatus
45. 2015-06-08
    listed $57,500
46. 2003-06-23
    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: $502 · $42/mo
• Projected year-2 tax: $1,212 · $101/mo
• Expected delta: +$710/yr (+$59/mo · 141.3%)

ⓘ 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 4/10 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: $16,410
• − Mortgage interest: −$7,002
• − Property taxes: −$502
• − Insurance: −$625
• − Repairs & maintenance: −$1,313
• − Management: −$1,313
• − Depreciation: −$3,636
• Taxable income: $2,018
• Est. tax owed @ 24.0%: −$484
• After-tax cash flow: $3,486/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: 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

+117.4% since first listed

29 events — show timeline

• 2026-05-04 Price Changed $125,000 OGAR
• 2026-04-09 Price Changed $135,000 OGAR
• 2026-03-24 Listed $145,000 OGAR
• 2024-01-21 Rental Removed $1,000 APPFOLIO
• 2024-01-19 Rental Removed $1,000 RENT.
• 2024-01-04 Listed for Rent $1,000 RENT.
• 2023-11-29 Price Changed $1,000 APPFOLIO
• 2023-11-11 Price Changed $1,150 APPFOLIO
• 2023-11-03 Price Changed $1,200 APPFOLIO
• 2023-10-27 Listed for Rent $1,175 APPFOLIO
• 2023-09-18 Sold (MLS) — SOMO
• 2023-09-15 Sold (MLS) — OGAR
• 2023-09-01 Pending — OGAR
• 2023-08-17 Delisted — OGAR
• 2023-08-09 Pending — SOMO
• 2023-08-09 Pending — OGAR
• 2023-08-09 Delisted — OGAR
• 2023-08-08 Delisted — SOMO
• 2023-08-02 Pending — SOMO
• 2023-07-30 Price Changed $79,900 SOMO
• 2023-07-30 Price Changed $79,900 OGAR
• 2023-07-21 Price Changed $89,900 SOMO
• 2023-07-21 Price Changed $89,900 OGAR
• 2023-07-14 Listed $99,900 SOMO
• 2023-07-13 Listed $99,900 OGAR
• 2015-08-31 Sold (Public Records) — Public Records
• 2015-08-28 Sold (MLS) — OGAR
• 2015-06-08 Listed $57,500 OGAR
• 2003-06-23 Sold (Public Records) — Public Records

Property tax history

+2.5%/yr

Latest (2025): $502 · +12.4% YoY. Source: county tax records.