1015 Wilder Ave APT 403HonoluluHI96822
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 1015 Wilder Ave APT 403, Honolulu, HI, 96822 in Honolulu the bet is firmly on appreciation. Rental yield 5.55%. The 5.55% gross yield on a $960,000 price is below income-first thresholds, but 5%/yr value growth projects $265,230 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (1.03) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $184,703.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.6% | 4.2% |
| Monthly Cash Flow | $(1,023) | $18,500 |
City averages based on Honolulu market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,444 |
| Total Monthly Debt Service | $6,942 |
| DSCR Ratio | 0.64x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1989
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1989
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sachi Braden • Sachi HI Pacific Century Prop.
Mls Name: HiCentral MLS
Mls Provider:
Mls ID: #202424432
Disclaimer: Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on 2025-02-22 19:17:42 PST. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd