2450 Prince Edward St APT 406AHonoluluHI96815
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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
Investment Highlights
Investment property for sale in Honolulu at 2450 Prince Edward St APT 406A, Honolulu, HI, 96815 listed at $139,000 pairs $1,900/mo rent with a $680/mo payment to leave $528/mo cash flow. Total monthly income runs $1,900/mo, and annual cash flow reaches $6,334/yr on $46,079 cash to close. Return on cash invested measures 33.65% in year one, and rental yield registers 16.4% at a $139,000 basis. Equity gained on principal adds $897/yr, and annual property appreciation at 5% supports $38,403 by year five. Five-year ROI tracks 181.38% and total cumulative return in cash totals $83,576. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,900/mo property income relative to a $680/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1975
N/A lot
$N/A/sqft
$581 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96815, Honolulu, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,957 (100%) |
| Owner Occupied HU | 6,829 (28.5%) |
| Renter Occupied HU | 9,326 (38.9%) |
| Vacant Housing Units | 7,802 (32.6%) |
| Median Home Value | $741,337 |
| Average Home Value | $949,527 |
Housing Distribution
Address Breakdown
Residential
21,794
Single Family
2,824
Multi-Family
18,970
Businesses
1,472
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Listed by: Jon M Yamasato • Compass
Mls Name: HiCentral MLS
Mls Provider:
Mls ID: #202416036
Disclaimer: Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on 2025-01-28 04:11:56 PST. Information is deemed reliable but not guaranteed. Copyright 2024 HiCentral MLS, Ltd