1804 Ala Moana Blvd APT 17BHonoluluHI96815
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis is a cash-flow-light asset: 1804 Ala Moana Blvd APT 17B, Honolulu, HI, 96815 in Honolulu, $545,000, 9.16% gross yield, $21/mo net income. Consider it a market-entry position, the $4,158/mo rent covers the $2,451/mo payment with a margin, and 5%/yr appreciation is projected to add $150,573 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.70) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $211,328.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 4.2% |
| Monthly Cash Flow | $21 | $18,500 |
City averages based on Honolulu market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,158 |
| Total Monthly Debt Service | $3,921 |
| DSCR Ratio | 1.06x |
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.
Condo
Built in 1970
N/A lot
$N/A/sqft
$963 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96815, Honolulu, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,957 (100%) |
| Owner Occupied HU | 6,829 (28.5%) |
| Renter Occupied HU | 9,326 (38.9%) |
| Vacant Housing Units | 7,802 (32.6%) |
| Median Home Value | $741,337 |
| Average Home Value | $949,527 |
Housing Distribution
Address Breakdown
Residential
21,794
Single Family
2,824
Multi-Family
18,970
Businesses
1,472
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 1970
N/A lot
$N/A/sqft
$963 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96815, Honolulu, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,957 (100%) |
| Owner Occupied HU | 6,829 (28.5%) |
| Renter Occupied HU | 9,326 (38.9%) |
| Vacant Housing Units | 7,802 (32.6%) |
| Median Home Value | $741,337 |
| Average Home Value | $949,527 |
Housing Distribution
Address Breakdown
Residential
21,794
Single Family
2,824
Multi-Family
18,970
Businesses
1,472
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mikiko Terahira • Coldwell Banker Realty
Mls Name: HiCentral MLS
Mls Provider:
Mls ID: #202518923
Disclaimer: Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on 2025-10-25 02:36:58 PDT. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd