2233 Waiomao RdHonoluluHI96816
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 2233 Waiomao Rd, Honolulu, HI, 96816 in Honolulu earns a 8.55% gross yield at $645,000. Rent of $4,596/mo nets $830/mo after the $2,900/mo mortgage. The 1.58 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $178,202 and $5,941/yr in equity accumulation project a total cumulative return of $297,013.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 4.2% |
| Monthly Cash Flow | $830 | $18,500 |
City averages based on Honolulu market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,596 |
| Total Monthly Debt Service | $3,510 |
| DSCR Ratio | 1.31x |
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.
Single Family
Built in 1945
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96816, Honolulu, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,435 (100%) |
| Owner Occupied HU | 10,892 (53.3%) |
| Renter Occupied HU | 7,646 (37.4%) |
| Vacant Housing Units | 1,897 ( 9.3%) |
| Median Home Value | $1,342,973 |
| Average Home Value | $1,400,110 |
Housing Distribution
Address Breakdown
Residential
17,067
Single Family
13,978
Multi-Family
3,089
Businesses
1,324
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
Single Family
Built in 1945
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96816, Honolulu, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,435 (100%) |
| Owner Occupied HU | 10,892 (53.3%) |
| Renter Occupied HU | 7,646 (37.4%) |
| Vacant Housing Units | 1,897 ( 9.3%) |
| Median Home Value | $1,342,973 |
| Average Home Value | $1,400,110 |
Housing Distribution
Address Breakdown
Residential
17,067
Single Family
13,978
Multi-Family
3,089
Businesses
1,324
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jon M Yamasato • Compass
Mls Name: HiCentral MLS
Mls Provider:
Mls ID: #202513824
Disclaimer: Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on 2025-10-20 03:23:50 PDT. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd