2470 N School St UNIT CHonoluluHI96819
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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
Rental property for sale in Honolulu at 2470 N School St UNIT C, Honolulu, HI, 96819 priced at $1,850,000 converts $2,387/mo rent into after a $9,055/mo obligation. Total monthly income equals $2,387/mo. Return on cash invested prints 3.83% in year one, and rental yield reads 1.55% against a $1,850,000 entry. Equity gained on principal adds $11,938/yr, while 5% annual appreciation compiles into $511,121 by year five. Five-year ROI reaches 15.92% and total cumulative return in cash sums $95,437. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,387/mo property income covering a $9,055/mo payment, not borrower’s personal income.
Multi Family
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96819, Honolulu, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,399 (100%) |
| Owner Occupied HU | 5,893 (40.9%) |
| Renter Occupied HU | 7,660 (53.2%) |
| Vacant Housing Units | 846 ( 5.9%) |
| Median Home Value | $1,129,827 |
| Average Home Value | $1,099,212 |
Housing Distribution
Address Breakdown
Residential
10,580
Single Family
8,208
Multi-Family
2,372
Businesses
1,903
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Listed by: Brian Chua • Five Star Realty, Inc.
Mls Name: HiCentral MLS
Mls Provider:
Mls ID: #202419118
Disclaimer: Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on 2025-02-22 09:43:56 PST. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd