1320 Lanai AveLanai CityHI96763
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 1320 Lanai Ave, Lanai City, HI, 96763 in Lanai City worth study. Rental yield 2.63%. The 2.63% gross yield is below cash-flow benchmarks at $875,000, but 5% annual appreciation, adding $241,746 over five years, frames this as a capital growth position. Rent of $1,920/mo partially offsets the $3,935/mo payment. Ziffy Mortgage finances appreciation-play properties (0.49 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $132,779.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.6% | 8.0% |
| Monthly Cash Flow | $(3,063) | $2,000 |
City averages based on Lanai City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,920 |
| Total Monthly Debt Service | $4,635 |
| DSCR Ratio | 0.41x |
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.
Single Family
Built in 1931
3,868 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
3,868 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: N/A • N/A
Mls Name: RAM
Mls ID: #408064