1616 Kewalo St APT 303HonoluluHI96822
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThis Honolulu rental at 1616 Kewalo St APT 303, Honolulu, HI, 96822 sits in the solid-income band: 7.85% gross yield, $2,021/mo rent, $237/mo net after the $1,390/mo debt service, DSCR 1.45. Entry price of $309,100 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $85,399 and $2,847/yr in principal reduction bring total cumulative return to $131,956.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 4.2% |
| Monthly Cash Flow | $237 | $18,500 |
City averages based on Honolulu market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,021 |
| Total Monthly Debt Service | $1,660 |
| DSCR Ratio | 1.22x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Apartment
Built in N/A
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
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
Apartment
Built in N/A
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices