2860 Waialae Ave PENTHOUSE 4HonoluluHI96826
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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 2860 Waialae Ave PENTHOUSE 4, Honolulu, HI, 96826 offers a 10.46% rental yield on a $295,000 purchase with $2,572/mo rent. Total monthly income registers $2,572/mo, and a $1,444/mo payment leaves $892/mo available for distribution. Annual cash flow reaches $10,704/yr on $97,793 to close, and return on cash invested stands at 30.85% in year one. Equity gained on principal adds $1,904/yr while 5% annual appreciation supports $81,503 over five years. Portfolio math shows five-year ROI at 160.87% and total cumulative return in cash at $157,322. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,572/mo property income against a $1,444/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1995
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
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