1987 Olu DrWailukuHI96793
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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 Wailuku at 1987 Olu Dr, Wailuku, HI, 96793 uses $193,781 cash to close to unlock $2,110/yr annual cash flow and $176/mo monthly cash flow. Total monthly income runs $3,530/mo, and a $2,883/mo payment keeps the spread at $176/mo. Purchase price stands at $589,000, and rental yield measures 7.19% with $3,530/mo rent. Return on cash invested shows 21.15% in year one, and 5% annual appreciation builds toward $162,730 over five years. Five-year ROI reaches 108.8% and total cumulative return in cash records $210,842. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,530/mo property income covering a $2,883/mo payment rather than investor’s personal income.
Single Family
Built in N/A
2,813 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96793, Wailuku, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,627 (100%) |
| Owner Occupied HU | 7,151 (61.5%) |
| Renter Occupied HU | 3,348 (28.8%) |
| Vacant Housing Units | 1,128 ( 9.7%) |
| Median Home Value | $851,285 |
| Average Home Value | $895,411 |
Housing Distribution
Address Breakdown
Residential
10,390
Single Family
9,083
Multi-Family
1,307
Businesses
1,681
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Listed by: Moe A Sears RB-20115 • Commercial Prop of Maui LLC
Mls Name: RAM
Mls Provider:
Mls ID: #406559
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 REALTORS Association of Maui, Inc. All Rights Reserved