2296 Waiomao RdHonoluluHI96816
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 2296 Waiomao Rd, Honolulu, HI, 96816 in Honolulu delivers $2,011/mo in gross rent and $417/mo in net monthly income at a $280,000 entry. The 8.62% yield and 1.60 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $77,359 over five years and $2,579/yr in equity from loan paydown, total projected return is $132,373.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 4.2% |
| Monthly Cash Flow | $417 | $18,500 |
City averages based on Honolulu market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,011 |
| Total Monthly Debt Service | $1,483 |
| DSCR Ratio | 1.36x |
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 1951
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 1951
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