Solution 1:

"editable" seems to be in-use currently and is growing in popularity. Since it seems to be a relatively recent coining, I'd recommend using it for technical audiences but might avoid using it if I thought my audience would prefer more "established" words.

ngram showing sharp rise in use of editable around 1980

Also, the Corpus of Contemporary American English shows some usage of the word in the way you'd expect. Most of these uses are computer-related or academic publications.

Solution 2:

You could use revisable if you don't like editable.