2278 Okoa StHonoluluHI96821
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in Honolulu at 2278 Okoa St, Honolulu, HI, 96821 projects strong ROI of 12.14%. Rental yield 4.08%. With 5% annual appreciation, the property builds $606,438 in value over five years. Equity growth combined delivers a projected five-year ROI of 77.38%, translating into $479,821 in total cumulative return on $620,088 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.1% | 4.2% |
| Monthly Cash Flow | $(5,431) | $18,500 |
City averages based on Honolulu market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,464 |
| Total Monthly Debt Service | $12,022 |
| DSCR Ratio | 0.62x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1997
N/A lot
$N/A/sqft
$350 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96821, Honolulu, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,547 (100%) |
| Owner Occupied HU | 5,729 (75.9%) |
| Renter Occupied HU | 1,190 (15.8%) |
| Vacant Housing Units | 628 ( 8.3%) |
| Median Home Value | $1,545,367 |
| Average Home Value | $1,564,417 |
Housing Distribution
Address Breakdown
Residential
6,878
Single Family
6,470
Multi-Family
408
Businesses
100
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 1997
N/A lot
$N/A/sqft
$350 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96821, Honolulu, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,547 (100%) |
| Owner Occupied HU | 5,729 (75.9%) |
| Renter Occupied HU | 1,190 (15.8%) |
| Vacant Housing Units | 628 ( 8.3%) |
| Median Home Value | $1,545,367 |
| Average Home Value | $1,564,417 |
Housing Distribution
Address Breakdown
Residential
6,878
Single Family
6,470
Multi-Family
408
Businesses
100
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Andrea L Kia • Homequest LLC
Mls Name: HiCentral MLS
Mls Provider:
Mls ID: #202428517
Disclaimer: Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on 2025-02-22 14:46:37 PST. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd