3009 Ala Makahala Pl APT 915HonoluluHI96818
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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
Rental property for sale in Honolulu at 3009 Ala Makahala Pl APT 915, Honolulu, HI, 96818 generates $2,806/mo in rent, after a $2,937/mo payment. Total monthly income is $2,806/mo. Return on cash invested sits at 16.03% in year one, and rental yield is 5.61% on a $600,000 entry. Equity gained on principal adds $3,872/yr, while 5% annual appreciation builds toward $165,769 over five years. Five-year ROI reaches 81.46% and total cumulative return in cash sums $160,800. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,806/mo property income rather than buyer’s personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
$9 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: Myron N Kiriu • BHGRE Advantage Realty
Mls Name: HiCentral MLS
Mls Provider:
Mls ID: #202502766
Disclaimer: Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on 2025-02-22 22:47:53 PST. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd