8 Iris LaneTwispWA98856
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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
Rental property for sale in Twisp at 8 Iris Lane, Twisp, WA, 98856 generates $2,168/mo in rent, after a $2,349/mo payment. Total monthly income is $2,168/mo. Return on cash invested sits at 14.5% in year one, and rental yield is 5.42% on a $480,000 entry. Equity gained on principal adds $3,097/yr, while 5% annual appreciation builds toward $132,615 over five years. Five-year ROI reaches 73.6% and total cumulative return in cash sums $117,113. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,168/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
1.42 Acres 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: Paul St Martin • RE/MAX Lake and Country
Mls Name: NWMLS
Mls ID: #2406034