1600 Wilikina Dr APT C403WahiawaHI96786
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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 Wahiawa at 1600 Wilikina Dr APT C403, Wahiawa, HI, 96786 generates $2,014/mo in rent and, after a $1,219/mo payment, leaves $193/mo in cash flow. Total monthly income is $2,014/mo, and annual cash flow is $2,314/yr on $82,544 invested. Return on cash invested sits at 22.71% in year one, and rental yield is 9.71% on a $249,000 entry. Equity gained on principal adds $1,607/yr, while 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 119.34% and total cumulative return in cash sums $98,504. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,014/mo property income rather than buyer’s personal income.
Condo
Built in 1974
2.54 Acres lot
$N/A/sqft
$403 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96786, Wahiawa, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,292 (100%) |
| Owner Occupied HU | 3,762 (28.3%) |
| Renter Occupied HU | 8,152 (61.3%) |
| Vacant Housing Units | 1,378 (10.4%) |
| Median Home Value | $886,636 |
| Average Home Value | $940,194 |
Housing Distribution
Address Breakdown
Residential
12,063
Single Family
10,649
Multi-Family
1,414
Businesses
613
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Listed by: Michelle Anne Lynch • Oceans Realty Group
Mls Name: HiCentral MLS
Mls Provider:
Mls ID: #202418043
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