1221 Riverside AvenueTwispWA98856
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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 Twisp at 1221 Riverside Avenue, Twisp, WA, 98856 uses $97,793 cash to close to unlock $7,495/yr annual cash flow and $625/mo monthly cash flow. Total monthly income runs $2,398/mo, and a $1,444/mo payment keeps the spread at $625/mo. Purchase price stands at $295,000, and rental yield measures 9.75% with $2,398/mo rent. Return on cash invested shows 27.57% in year one, and 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 143.73% and total cumulative return in cash records $140,558. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,398/mo property income covering a $1,444/mo payment rather than investor’s personal income.
Manufactured
Built in 1987
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98856, Twisp, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,680 (100%) |
| Owner Occupied HU | 1,014 (60.4%) |
| Renter Occupied HU | 307 (18.3%) |
| Vacant Housing Units | 359 (21.4%) |
| Median Home Value | $554,307 |
| Average Home Value | $607,281 |
Housing Distribution
Address Breakdown
Residential
540
Single Family
540
Multi-Family
0
Businesses
173
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Listed by: Heather Marrone • Blue Sky Real Estate, LLC
Mls Name: NWMLS
Mls ID: #2436303