2977 Ala Ilima St APT 207HonoluluHI96818
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
Investment Highlights
Investment property for sale in Honolulu at 2977 Ala Ilima St APT 207, Honolulu, HI, 96818 listed at $238,000 pairs $1,662/mo rent with a $1,165/mo payment. Total monthly income runs $1,662/mo. Return on cash invested measures 13.38% in year one, and rental yield registers 8.38% at a $238,000 basis. Equity gained on principal adds $1,536/yr, and annual property appreciation at 5% supports $65,755 by year five. Five-year ROI tracks 71.24% and total cumulative return in cash totals $56,206. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,662/mo property income relative to a $1,165/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1973
N/A lot
$N/A/sqft
$690 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carol M Ginoza • Zen Properties Incorporated
Mls Name: HiCentral MLS
Mls Provider:
Mls ID: #202517318
Disclaimer: Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on 2025-08-14 10:08:32 PDT. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd