Under $500K Investment Properties for Sale in Kailua Kona, HI

$ 475,000
2 bds | 2 ba | 1,010 sqft
ROI
21.0
Cash Flow/m
17073-1114 Nuuanu Pl #L102, Kailua Kona, HI, 96740

Fix & Flip
$ 409,900
3 bds | 2 ba | 1,056 sqft
ROI
20.7
Cash Flow/m
10573-1536 Hao Way #B, Kailua Kona, HI, 96740

$ 250,000
3 bds | 2 ba | 880 sqft
ROI
23.7
Cash Flow/m
27274-5132 Kaalaea Pl, Kailua Kona, HI, 96740

$ 429,000
2 bds | 2 ba | 1,010 sqft
ROI
24.3
Cash Flow/m
54073-1108 Nuuanu Pl #I-202, Kailua Kona, HI, 96740
Why Invest in Kailua Kona, Hawaii?
Discover investment opportunities in Kailua Kona, HI under $500k, where condos and smaller homes offer entry into this prime Hawaii market. Properties here provide solid **rental yields** around 5-6% driven by tourism demand. **Cap rates** average 4-5% with steady appreciation from limited supply. High **renter occupancy** near 60% ensures cash flow stability. Proximity to beaches and Ironman events boosts long-term value.
7.2%
Avg. ROI
5.8%
Rental Yield
4.5%
Cap Rate
$1850/mo
Avg. Cash Flow
$2200/mo
Avg. Rent
4.1%
1Y Appreciation
Frequently Asked Questions
Yes, primarily condos and smaller units are available under $500k, offering ocean proximity and rental potential. Inventory includes 20-70 listings depending on market conditions. These suit entry-level investors seeking Hawaii exposure.
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