428 Iris DrTwin PeaksCA92391
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
Investment Highlights
Investment property for sale in Twin Peaks at 428 Iris Dr, Twin Peaks, CA, 92391 offers a 8.6% rental yield on a $225,000 purchase with $1,613/mo rent. Total monthly income registers $1,613/mo, and a $1,101/mo payment leaves $94/mo available for distribution. Annual cash flow reaches $1,133/yr on $74,588 to close, and return on cash invested stands at 21.43% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 111.75% and total cumulative return in cash at $83,349. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,613/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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
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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.