2888 Ala Ilima St APT 2108HonoluluHI96818
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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 2888 Ala Ilima St APT 2108, Honolulu, HI, 96818 offers a 13.45% rental yield on a $180,000 purchase with $2,018/mo rent. Total monthly income registers $2,018/mo, and a $881/mo payment leaves $405/mo available for distribution. Annual cash flow reaches $4,858/yr on $59,670 to close, and return on cash invested stands at 28.05% in year one. Equity gained on principal adds $1,162/yr while 5% annual appreciation supports $49,731 over five years. Portfolio math shows five-year ROI at 150.15% and total cumulative return in cash at $89,597. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,018/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1978
1.15 Acres lot
$N/A/sqft
$549 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96818, Honolulu, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,745 (100%) |
| Owner Occupied HU | 6,526 (36.8%) |
| Renter Occupied HU | 10,403 (58.6%) |
| Vacant Housing Units | 816 ( 4.6%) |
| Median Home Value | $870,040 |
| Average Home Value | $951,679 |
Housing Distribution
Address Breakdown
Residential
17,201
Single Family
11,375
Multi-Family
5,826
Businesses
218
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Listed by: Ivy N Kumai • Ivy K Realty, LLC
Mls Name: HiCentral MLS
Mls Provider:
Mls ID: #202517614
Disclaimer: Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on 2025-10-11 21:16:47 PDT. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd