1122 Olapa StLanai CityHI96763
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 1122 Olapa St, Lanai City, HI, 96763 in Lanai City. At $550,000 it earns $4,153/mo in rent and distributes $1,021/mo to the owner after the $2,473/mo payment, a consistent 9.06% yield. DSCR 1.68 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $151,955 in value; $5,066/yr in principal paydown compounds ownership stake. Total projected return: $273,078.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 8.0% |
| Monthly Cash Flow | $1,021 | $2,000 |
City averages based on Lanai City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,153 |
| Total Monthly Debt Service | $2,913 |
| DSCR Ratio | 1.43x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Single Family
Built in 1931
6,002 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96763, Lanai City, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,543 (100%) |
| Owner Occupied HU | 558 (36.2%) |
| Renter Occupied HU | 623 (40.4%) |
| Vacant Housing Units | 362 (23.5%) |
| Median Home Value | $857,843 |
| Average Home Value | $978,875 |
Housing Distribution
Address Breakdown
Residential
6
Single Family
6
Multi-Family
0
Businesses
127
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
Single Family
Built in 1931
6,002 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96763, Lanai City, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,543 (100%) |
| Owner Occupied HU | 558 (36.2%) |
| Renter Occupied HU | 623 (40.4%) |
| Vacant Housing Units | 362 (23.5%) |
| Median Home Value | $857,843 |
| Average Home Value | $978,875 |
Housing Distribution
Address Breakdown
Residential
6
Single Family
6
Multi-Family
0
Businesses
127
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Malia Kamahele RS-78631 • Real Broker
Mls Name: RAM
Mls ID: #407399