1242 16th AveHonoluluHI96816
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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 1242 16th Ave, Honolulu, HI, 96816 generates $6,150/mo in rent, after a $8,908/mo payment. Total monthly income is $6,150/mo. Return on cash invested sits at 11.72% in year one, and rental yield is 4.05% on a $1,820,000 entry. Equity gained on principal adds $11,744/yr, while 5% annual appreciation builds toward $502,832 over five years. Five-year ROI reaches 58.21% and total cumulative return in cash sums $343,274. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,150/mo property income rather than buyer’s personal income.
Single Family
Built in 1913
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
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Listed by: Sean S Takamori • REMAX Hawaii
Mls Name: HiCentral MLS
Mls Provider:
Mls ID: #202511240
Disclaimer: Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on 2025-10-29 03:37:40 PDT. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd