101 Hilo Lagoon Ctr #421HiloHI96720
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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 Hilo at 101 Hilo Lagoon Ctr #421, Hilo, HI, 96720 generates $2,491/mo in rent and, after a $1,370/mo payment, leaves $897/mo in cash flow. Total monthly income is $2,491/mo, and annual cash flow is $10,765/yr on $92,787 invested. Return on cash invested sits at 31.51% in year one, and rental yield is 10.68% on a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 164.44% and total cumulative return in cash sums $152,581. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,491/mo property income rather than buyer’s personal income.
Condo
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96720, Hilo, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,041 (100%) |
| Owner Occupied HU | 11,651 (58.1%) |
| Renter Occupied HU | 6,423 (32.0%) |
| Vacant Housing Units | 1,967 ( 9.8%) |
| Median Home Value | $598,069 |
| Average Home Value | $649,712 |
Housing Distribution
Address Breakdown
Residential
17,664
Single Family
15,439
Multi-Family
2,225
Businesses
2,357
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