2333 Kapiolani Blvd APT 3501HonoluluHI96826
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 2333 Kapiolani Blvd APT 3501, Honolulu, HI, 96826 in Honolulu worth study. Rental yield 3.29%. The 3.29% gross yield is below cash-flow benchmarks at $1,358,000, but 5% annual appreciation, adding $375,190 over five years, frames this as a capital growth position. Rent of $3,720/mo partially offsets the $6,106/mo payment. Ziffy Mortgage finances appreciation-play properties (0.61 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $155,028.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.3% | 4.2% |
| Monthly Cash Flow | $(4,013) | $18,500 |
City averages based on Honolulu market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,720 |
| Total Monthly Debt Service | $8,839 |
| DSCR Ratio | 0.42x |
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.
Condo
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96826, Honolulu, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,751 (100%) |
| Owner Occupied HU | 4,285 (29.0%) |
| Renter Occupied HU | 9,084 (61.6%) |
| Vacant Housing Units | 1,382 ( 9.4%) |
| Median Home Value | $611,398 |
| Average Home Value | $775,171 |
Housing Distribution
Address Breakdown
Residential
15,349
Single Family
2,250
Multi-Family
13,099
Businesses
942
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 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96826, Honolulu, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,751 (100%) |
| Owner Occupied HU | 4,285 (29.0%) |
| Renter Occupied HU | 9,084 (61.6%) |
| Vacant Housing Units | 1,382 ( 9.4%) |
| Median Home Value | $611,398 |
| Average Home Value | $775,171 |
Housing Distribution
Address Breakdown
Residential
15,349
Single Family
2,250
Multi-Family
13,099
Businesses
942
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Pam Maeda • Marcus Realty
Mls Name: HiCentral MLS
Mls Provider:
Mls ID: #202416435
Disclaimer: Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on 2025-02-22 22:47:53 PST. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd