1750 Kalakaua Ave APT 609HonoluluHI96826
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowTight but positive: 1750 Kalakaua Ave APT 609, Honolulu, HI, 96826 in Honolulu at $119,800 earns $1,036/mo in rent and nets $129/mo after the $539/mo payment, a 10.38% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $33,099 over five years. Ziffy Mortgage underwrites this on a 1.92 DSCR without U.S. credit history. With $1,103/yr in principal paydown, total projected return reaches $22,971.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 4.2% |
| Monthly Cash Flow | $129 | $18,500 |
City averages based on Honolulu market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,036 |
| Total Monthly Debt Service | $1,385 |
| DSCR Ratio | 0.75x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Condo
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96826, Honolulu, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,751 (100%) |
| Owner Occupied HU | 4,285 (29.0%) |
| Renter Occupied HU | 9,084 (61.6%) |
| Vacant Housing Units | 1,382 ( 9.4%) |
| Median Home Value | $611,398 |
| Average Home Value | $775,171 |
Housing Distribution
Address Breakdown
Residential
15,349
Single Family
2,250
Multi-Family
13,099
Businesses
942
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
Condo
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96826, Honolulu, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,751 (100%) |
| Owner Occupied HU | 4,285 (29.0%) |
| Renter Occupied HU | 9,084 (61.6%) |
| Vacant Housing Units | 1,382 ( 9.4%) |
| Median Home Value | $611,398 |
| Average Home Value | $775,171 |
Housing Distribution
Address Breakdown
Residential
15,349
Single Family
2,250
Multi-Family
13,099
Businesses
942
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kenta Sato • ILC & Swell Realty LLC
Mls Name: HiCentral MLS
Mls Provider:
Mls ID: #202416870
Disclaimer: Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on 2025-02-22 15:46:46 PST. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd