1011 Prospect St APT 306HonoluluHI96822
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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 Honolulu at 1011 Prospect St APT 306, Honolulu, HI, 96822 generates $2,291/mo in rent, after a $1,904/mo payment. Total monthly income is $2,291/mo. Return on cash invested sits at 15.84% in year one, and rental yield is 7.07% on a $389,000 entry. Equity gained on principal adds $2,510/yr, while 5% annual appreciation builds toward $107,474 over five years. Five-year ROI reaches 82.1% and total cumulative return in cash sums $105,870. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,291/mo property income rather than buyer’s personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96822, Honolulu, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,631 (100%) |
| Owner Occupied HU | 8,825 (45.0%) |
| Renter Occupied HU | 9,042 (46.1%) |
| Vacant Housing Units | 1,764 ( 9.0%) |
| Median Home Value | $1,148,367 |
| Average Home Value | $1,135,744 |
Housing Distribution
Address Breakdown
Residential
17,995
Single Family
6,848
Multi-Family
11,147
Businesses
324
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Listed by: Debbie A Kim • Honolulu City Properties
Mls Name: HiCentral MLS
Mls Provider:
Mls ID: #202502616
Disclaimer: Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on 2025-02-22 19:47:44 PST. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd