1611 Miller St APT 303HonoluluHI96813
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1611 Miller St APT 303, Honolulu, HI, 96813 generates $2,984/mo in rent, after a $2,366/mo payment. Total monthly income is $2,984/mo. Return on cash invested sits at 18.14% in year one, and rental yield is 7.41% on a $483,400 entry. Equity gained on principal adds $3,119/yr, while 5% annual appreciation builds toward $133,555 over five years. Five-year ROI reaches 93.97% and total cumulative return in cash sums $150,580. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,984/mo property income rather than buyer’s personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
$454 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96813, Honolulu, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,305 (100%) |
| Owner Occupied HU | 7,847 (45.3%) |
| Renter Occupied HU | 8,101 (46.8%) |
| Vacant Housing Units | 1,357 ( 7.8%) |
| Median Home Value | $891,444 |
| Average Home Value | $987,180 |
Housing Distribution
Address Breakdown
Residential
13,983
Single Family
3,531
Multi-Family
10,452
Businesses
3,031
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices