1320 Lanai AveLanai CityHI96763
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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 Lanai City at 1320 Lanai Ave, Lanai City, HI, 96763 generates $1,920/mo in rent, after a $4,283/mo payment. Total monthly income is $1,920/mo. Return on cash invested sits at 7.29% in year one, and rental yield is 2.63% on a $875,000 entry. Equity gained on principal adds $5,646/yr, while 5% annual appreciation builds toward $241,746 over five years. Five-year ROI reaches 34.49% and total cumulative return in cash sums $99,287. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,920/mo property income rather than buyer’s personal income.
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
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Listed by: Jay S Margulies RS-81386 • Island Sotheby's International Realty(L)
Mls Name: RAM
Mls ID: #408064