1515 Nuuanu Ave APT 356HonoluluHI96817
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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 1515 Nuuanu Ave APT 356, Honolulu, HI, 96817 offers a 7.67% rental yield on a $349,900 purchase with $2,236/mo rent. Total monthly income registers $2,236/mo, and a $1,713/mo payment leaves $243/mo available for distribution. Annual cash flow reaches $2,917/yr on $115,992 to close, and return on cash invested stands at 22.42% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,671 over five years. Portfolio math shows five-year ROI at 115.71% and total cumulative return in cash at $134,214. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,236/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1963
N/A 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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