428 Iris DrTwin PeaksCA92391
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 428 Iris Dr, Twin Peaks, CA, 92391 in Twin Peaks at $225,000 earns $1,613/mo in rent and nets $94/mo after the $1,012/mo payment, a 8.6% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $62,163 over five years. Ziffy Mortgage underwrites this on a 1.59 DSCR without U.S. credit history. With $2,072/yr in principal paydown, total projected return reaches $91,932.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 6.0% |
| Monthly Cash Flow | $94 | $1,200 |
City averages based on Twin Peaks market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,613 |
| Total Monthly Debt Service | $1,429 |
| DSCR Ratio | 1.13x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1969
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92391, Twin Peaks, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,554 (100%) |
| Owner Occupied HU | 684 (44.0%) |
| Renter Occupied HU | 325 (20.9%) |
| Vacant Housing Units | 545 (35.1%) |
| Median Home Value | $648,667 |
| Average Home Value | $651,389 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
50
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1969
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92391, Twin Peaks, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,554 (100%) |
| Owner Occupied HU | 684 (44.0%) |
| Renter Occupied HU | 325 (20.9%) |
| Vacant Housing Units | 545 (35.1%) |
| Median Home Value | $648,667 |
| Average Home Value | $651,389 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
50
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brent Leistra • Better Homes and Gardens LakeV
Mls Name: Mountain Resort Communities AOR
Mls Provider:
Mls ID: #32500640
Disclaimer: Based on information from the Mountain Resort Communities Association of REALTORS as of 2025-03-27 00:27:45 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.