1837 Kalakaua Ave APT 903HonoluluHI96815
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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 1837 Kalakaua Ave APT 903, Honolulu, HI, 96815 listed at $888,000 pairs $5,393/mo rent with a $4,346/mo payment to leave $269/mo cash flow. Total monthly income runs $5,393/mo, and annual cash flow reaches $3,231/yr on $292,152 cash to close. Return on cash invested measures 21.17% in year one, and rental yield registers 7.29% at a $888,000 basis. Equity gained on principal adds $5,730/yr, and annual property appreciation at 5% supports $245,338 by year five. Five-year ROI tracks 109% and total cumulative return in cash totals $318,456. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,393/mo property income relative to a $4,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2009
N/A lot
$N/A/sqft
No 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
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Listed by: Steven SY Lee • HI Choice Realty
Mls Name: HiCentral MLS
Mls Provider:
Mls ID: #202427107
Disclaimer: Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on 2025-01-28 05:12:27 PST. Information is deemed reliable but not guaranteed. Copyright 2024 HiCentral MLS, Ltd