2987 Kalakaua Ave APT 304HonoluluHI96815
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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 2987 Kalakaua Ave APT 304, Honolulu, HI, 96815 earns from $4,414/mo rent with a $5,849/mo payment. Total monthly income totals $4,414/mo. ROI tracks 12.96% on current figures, and rental yield reads 4.43% at a $1,195,000 purchase. Equity gained on principal adds $7,711/yr, and 5% annual appreciation supports $330,156 over five years. Five-year ROI reaches 64.8% and total cumulative return in cash sums $250,910. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,414/mo property income instead of your personal income.
Condo
Built in 1953
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96815, Honolulu, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,957 (100%) |
| Owner Occupied HU | 6,829 (28.5%) |
| Renter Occupied HU | 9,326 (38.9%) |
| Vacant Housing Units | 7,802 (32.6%) |
| Median Home Value | $741,337 |
| Average Home Value | $949,527 |
Housing Distribution
Address Breakdown
Residential
21,794
Single Family
2,824
Multi-Family
18,970
Businesses
1,472
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