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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Kailua Kona, HI

$ 450,000
ROI
21.3
Cash Flow/m
190- 2 Bed
- 2 Bath
- 729 sft
75-6081 Alii Dr APT T204, Kailua Kona, HI, 96740

$ 470,000
ROI
20.5
Cash Flow/m
91- 2 Bed
- 2 Bath
- 729 sft
75-6081 Alii Dr APT S203, Kailua Kona, HI, 96740

$ 489,000
ROI
23.4
Cash Flow/m
501- 3 Bed
- 2 Bath
- 1548 sft
75-5748 Alahou St APT 1H, Kailua Kona, HI, 96740

Rental Income
$ 439,900
ROI
23.3
Cash Flow/m
430- 2 Bed
- 2 Bath
- 729 sft
75-6081 Alii Dr APT F204, 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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