28-1135 Old Mamalahoa HwyHiloHI96783
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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 Hilo at 28-1135 Old Mamalahoa Hwy, Hilo, HI, 96783 listed at $350,000 pairs $2,500/mo rent with a $1,713/mo payment to leave $507/mo cash flow. Total monthly income runs $2,500/mo, and annual cash flow reaches $6,084/yr on $116,025 cash to close. Return on cash invested measures 25.15% in year one, and rental yield registers 8.57% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 130.31% and total cumulative return in cash totals $151,190. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,500/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1976
10,225 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96783, Pepeekeo, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 920 (100%) |
| Owner Occupied HU | 546 (59.3%) |
| Renter Occupied HU | 277 (30.1%) |
| Vacant Housing Units | 97 (10.5%) |
| Median Home Value | $593,220 |
| Average Home Value | $667,706 |
Housing Distribution
Address Breakdown
Residential
228
Single Family
177
Multi-Family
51
Businesses
22
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