1428 Alokele StHonoluluHI96817
Nearby investment properties with comparable rents
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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 1428 Alokele St, Honolulu, HI, 96817 priced at $799,000 converts $3,140/mo rent into after a $3,911/mo obligation. Total monthly income equals $3,140/mo. Return on cash invested prints 13.62% in year one, and rental yield reads 4.72% against a $799,000 entry. Equity gained on principal adds $5,156/yr, while 5% annual appreciation compiles into $220,749 by year five. Five-year ROI reaches 68.44% and total cumulative return in cash sums $179,910. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,140/mo property income covering a $3,911/mo payment, not borrower’s personal income.
Single Family
Built in 1950
4,022 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96817, Honolulu, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,811 (100%) |
| Owner Occupied HU | 7,664 (36.8%) |
| Renter Occupied HU | 11,645 (56.0%) |
| Vacant Housing Units | 1,502 ( 7.2%) |
| Median Home Value | $1,218,631 |
| Average Home Value | $1,198,947 |
Housing Distribution
Address Breakdown
Residential
19,251
Single Family
9,077
Multi-Family
10,174
Businesses
2,596
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Listed by: Travis L McGaughy • Coldwell Banker Realty
Mls Name: HiCentral MLS
Mls Provider:
Mls ID: #202421153
Disclaimer: Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on 2024-01-26 09:46:49 PST. Information is deemed reliable but not guaranteed. Copyright 2024 HiCentral MLS, Ltd