1139 9th Ave APT 703HonoluluHI96816
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 1139 9th Ave APT 703, Honolulu, HI, 96816 in Honolulu is narrow, $193/mo net on $3,355/mo rent after the $1,889/mo debt service, but the property operates at break-even-plus, not a loss. At $420,000 with a 9.59% yield, the long-run equity case via 5% appreciation ($116,038 over five years) and $3,868/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.78 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $220,309.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 4.2% |
| Monthly Cash Flow | $193 | $18,500 |
City averages based on Honolulu market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,355 |
| Total Monthly Debt Service | $2,225 |
| DSCR Ratio | 1.51x |
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.
Condo
Built in 1967
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96816, Honolulu, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,435 (100%) |
| Owner Occupied HU | 10,892 (53.3%) |
| Renter Occupied HU | 7,646 (37.4%) |
| Vacant Housing Units | 1,897 ( 9.3%) |
| Median Home Value | $1,342,973 |
| Average Home Value | $1,400,110 |
Housing Distribution
Address Breakdown
Residential
17,067
Single Family
13,978
Multi-Family
3,089
Businesses
1,324
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 1967
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96816, Honolulu, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,435 (100%) |
| Owner Occupied HU | 10,892 (53.3%) |
| Renter Occupied HU | 7,646 (37.4%) |
| Vacant Housing Units | 1,897 ( 9.3%) |
| Median Home Value | $1,342,973 |
| Average Home Value | $1,400,110 |
Housing Distribution
Address Breakdown
Residential
17,067
Single Family
13,978
Multi-Family
3,089
Businesses
1,324
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices