1909 Ala Wai Blvd APT 1308HonoluluHI96815
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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 1909 Ala Wai Blvd APT 1308, Honolulu, HI, 96815 uses $95,804 cash to close to unlock $4,402/yr annual cash flow and $367/mo monthly cash flow. Total monthly income runs $2,013/mo, and a $1,415/mo payment keeps the spread at $367/mo. Purchase price stands at $289,000, and rental yield measures 8.36% with $2,013/mo rent. Return on cash invested shows 24.5% in year one, and 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 126.82% and total cumulative return in cash records $121,502. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,013/mo property income covering a $1,415/mo payment rather than investor’s personal income.
Condo
Built in 1971
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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