29-2193 Old Mamalahoa HwyHiloHI96710
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 29-2193 Old Mamalahoa Hwy, Hilo, HI, 96710 in Hilo. Rental yield 5.52%. At $875,000 with 5.52% gross yield, current distributions are modest, but the 5% appreciation rate projects $241,746 in new equity by year five, complemented by $8,059/yr in principal paydown. Ziffy Mortgage's DSCR loan (1.02) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $268,031.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.5% | 5.4% |
| Monthly Cash Flow | $(960) | $285 |
City averages based on Hilo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,022 |
| Total Monthly Debt Service | $4,635 |
| DSCR Ratio | 0.87x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1940
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96710, Hakalau, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 201 (100%) |
| Owner Occupied HU | 144 (71.6%) |
| Renter Occupied HU | 31 (15.4%) |
| Vacant Housing Units | 26 (12.9%) |
| Median Home Value | $865,854 |
| Average Home Value | $917,101 |
Housing Distribution
Address Breakdown
Residential
8
Single Family
8
Multi-Family
0
Businesses
13
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1940
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96710, Hakalau, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 201 (100%) |
| Owner Occupied HU | 144 (71.6%) |
| Renter Occupied HU | 31 (15.4%) |
| Vacant Housing Units | 26 (12.9%) |
| Median Home Value | $865,854 |
| Average Home Value | $917,101 |
Housing Distribution
Address Breakdown
Residential
8
Single Family
8
Multi-Family
0
Businesses
13
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices