1505 Alexander St APT 206HonoluluHI96822
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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
Investment property for sale in Honolulu at 1505 Alexander St APT 206, Honolulu, HI, 96822 uses $111,053 cash to close to unlock $4,656/yr annual cash flow and $388/mo monthly cash flow. Total monthly income runs $2,296/mo, and a $1,640/mo payment keeps the spread at $388/mo. Purchase price stands at $335,000, and rental yield measures 8.22% with $2,296/mo rent. Return on cash invested shows 24.1% in year one, and 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 124.67% and total cumulative return in cash records $138,452. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,296/mo property income covering a $1,640/mo payment rather than investor’s personal income.
Condo
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96822, Honolulu, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,631 (100%) |
| Owner Occupied HU | 8,825 (45.0%) |
| Renter Occupied HU | 9,042 (46.1%) |
| Vacant Housing Units | 1,764 ( 9.0%) |
| Median Home Value | $1,148,367 |
| Average Home Value | $1,135,744 |
Housing Distribution
Address Breakdown
Residential
17,995
Single Family
6,848
Multi-Family
11,147
Businesses
324
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