32-640 Piha Kahuku RdNinoleHI96773
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 32-640 Piha Kahuku Rd, Ninole, HI, 96773 in Ninole is capital appreciation. Rental yield 2.25%. The 2.25% gross yield at $1,150,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $317,724 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.42) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $151,178.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.3% | 5.2% |
| Monthly Cash Flow | $(4,389) | $200 |
City averages based on Ninole market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,160 |
| Total Monthly Debt Service | $6,091 |
| DSCR Ratio | 0.35x |
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 2023
18.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96773, Ninole, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 57 (100%) |
| Owner Occupied HU | 30 (52.6%) |
| Renter Occupied HU | 3 ( 5.3%) |
| Vacant Housing Units | 24 (42.1%) |
| Median Home Value | $857,143 |
| Average Home Value | $980,000 |
Housing Distribution
Address Breakdown
Residential
0
Single Family
0
Multi-Family
0
Businesses
5
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 2023
18.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96773, Ninole, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 57 (100%) |
| Owner Occupied HU | 30 (52.6%) |
| Renter Occupied HU | 3 ( 5.3%) |
| Vacant Housing Units | 24 (42.1%) |
| Median Home Value | $857,143 |
| Average Home Value | $980,000 |
Housing Distribution
Address Breakdown
Residential
0
Single Family
0
Multi-Family
0
Businesses
5
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices