3215 Ala Ilima St APT A203HonoluluHI96818
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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 3215 Ala Ilima St APT A203, Honolulu, HI, 96818 uses $140,888 cash to close to unlock $14,880/yr annual cash flow and $1,240/mo monthly cash flow. Total monthly income runs $3,660/mo, and a $2,080/mo payment keeps the spread at $1,240/mo. Purchase price stands at $425,000, and rental yield measures 10.33% with $3,660/mo rent. Return on cash invested shows 30.47% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 158.82% and total cumulative return in cash records $223,757. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,660/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
No 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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