1624 Kanunu St APT 1208HonoluluHI96814
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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 1624 Kanunu St APT 1208, Honolulu, HI, 96814 uses $202,006 cash to close to unlock $562/yr annual cash flow and $47/mo monthly cash flow. Total monthly income runs $4,620/mo, and a $3,005/mo payment keeps the spread at $47/mo. Purchase price stands at $614,000, and rental yield measures 9.03% with $4,620/mo rent. Return on cash invested shows 20.34% in year one, and 5% annual appreciation builds toward $169,637 over five years. Five-year ROI reaches 106.77% and total cumulative return in cash records $215,691. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,620/mo property income covering a $3,005/mo payment rather than investor’s personal income.
Condo
Built in 1965
N/A lot
$N/A/sqft
$1,077 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96814, Honolulu, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,948 (100%) |
| Owner Occupied HU | 5,798 (34.2%) |
| Renter Occupied HU | 8,499 (50.1%) |
| Vacant Housing Units | 2,651 (15.6%) |
| Median Home Value | $894,916 |
| Average Home Value | $1,001,990 |
Housing Distribution
Address Breakdown
Residential
16,953
Single Family
417
Multi-Family
16,536
Businesses
2,501
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Listed by: Lisa Hockenberger • Oahu Realty
Mls Name: HiCentral MLS
Mls Provider:
Mls ID: #202512510
Disclaimer: Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on 2025-06-05 10:47:54 PDT. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd