2029 Nuuanu Ave APT 1608HonoluluHI96817
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt 1.60, 2029 Nuuanu Ave APT 1608, Honolulu, HI, 96817 in Honolulu sits at the top of Ziffy Mortgage's DSCR coverage band, a significant advantage for non-U.S. buyers closing without domestic income documentation. Rental yield 8.64%. The 8.64% yield is backed by 5% annual appreciation projecting $101,948 in value gain, plus $3,399/yr in principal reduction. Total projected cumulative return: $134,706.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 4.2% |
| Monthly Cash Flow | $(114) | $18,500 |
City averages based on Honolulu market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,657 |
| Total Monthly Debt Service | $2,624 |
| DSCR Ratio | 1.01x |
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 1973
N/A lot
$N/A/sqft
$644 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96817, Honolulu, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,811 (100%) |
| Owner Occupied HU | 7,664 (36.8%) |
| Renter Occupied HU | 11,645 (56.0%) |
| Vacant Housing Units | 1,502 ( 7.2%) |
| Median Home Value | $1,218,631 |
| Average Home Value | $1,198,947 |
Housing Distribution
Address Breakdown
Residential
19,251
Single Family
9,077
Multi-Family
10,174
Businesses
2,596
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 1973
N/A lot
$N/A/sqft
$644 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96817, Honolulu, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,811 (100%) |
| Owner Occupied HU | 7,664 (36.8%) |
| Renter Occupied HU | 11,645 (56.0%) |
| Vacant Housing Units | 1,502 ( 7.2%) |
| Median Home Value | $1,218,631 |
| Average Home Value | $1,198,947 |
Housing Distribution
Address Breakdown
Residential
19,251
Single Family
9,077
Multi-Family
10,174
Businesses
2,596
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Daniel K Ihara • Keller Williams Honolulu
Mls Name: HiCentral MLS
Mls Provider:
Mls ID: #202513933
Disclaimer: Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on 2025-10-10 04:08:20 PDT. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd