115 Hoowaiwai Loop APT 606WailukuHI96793
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingSteady, low-maintenance, and fundable: 115 Hoowaiwai Loop APT 606, Wailuku, HI, 96793 in Wailuku at $625,000. Rental yield 6.62%. The 6.62% yield and 1.25 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $172,676 by year five, and $5,756/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $217,030.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.6% | 5.1% |
| Monthly Cash Flow | $(360) | $2,850 |
City averages based on Wailuku market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,500 |
| Total Monthly Debt Service | $3,558 |
| DSCR Ratio | 0.98x |
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 2012
12.25 Acres lot
$N/A/sqft
$91 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96793, Wailuku, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,627 (100%) |
| Owner Occupied HU | 7,151 (61.5%) |
| Renter Occupied HU | 3,348 (28.8%) |
| Vacant Housing Units | 1,128 ( 9.7%) |
| Median Home Value | $851,285 |
| Average Home Value | $895,411 |
Housing Distribution
Address Breakdown
Residential
10,390
Single Family
9,083
Multi-Family
1,307
Businesses
1,681
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 2012
12.25 Acres lot
$N/A/sqft
$91 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96793, Wailuku, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,627 (100%) |
| Owner Occupied HU | 7,151 (61.5%) |
| Renter Occupied HU | 3,348 (28.8%) |
| Vacant Housing Units | 1,128 ( 9.7%) |
| Median Home Value | $851,285 |
| Average Home Value | $895,411 |
Housing Distribution
Address Breakdown
Residential
10,390
Single Family
9,083
Multi-Family
1,307
Businesses
1,681
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chika Weiss RS-82669 • Coldwell Banker Island Prop(P)
Mls Name: RAM
Mls Provider:
Mls ID: #405757
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