1508 Kewalo St APT 302AHonoluluHI96822
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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 1508 Kewalo St APT 302A, Honolulu, HI, 96822 uses $116,025 cash to close to unlock $6,948/yr annual cash flow and $579/mo monthly cash flow. Total monthly income runs $2,572/mo, and a $1,713/mo payment keeps the spread at $579/mo. Purchase price stands at $350,000, and rental yield measures 8.82% with $2,572/mo rent. Return on cash invested shows 25.9% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 134.29% and total cumulative return in cash records $155,810. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,572/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Condo
Built in 1954
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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