322 Ohai St APT 2HiloHI96720
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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 Hilo at 322 Ohai St APT 2, Hilo, HI, 96720 priced at $158,800 converts $1,225/mo rent into after a $777/mo obligation. Total monthly income equals $1,225/mo. Return on cash invested prints 18.11% in year one, and rental yield reads 9.26% against a $158,800 entry. Equity gained on principal adds $1,025/yr, while 5% annual appreciation compiles into $43,874 by year five. Five-year ROI reaches 95.83% and total cumulative return in cash sums $50,445. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,225/mo property income covering a $777/mo payment, not borrower’s personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
$400 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96720, Hilo, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,041 (100%) |
| Owner Occupied HU | 11,651 (58.1%) |
| Renter Occupied HU | 6,423 (32.0%) |
| Vacant Housing Units | 1,967 ( 9.8%) |
| Median Home Value | $598,069 |
| Average Home Value | $649,712 |
Housing Distribution
Address Breakdown
Residential
17,664
Single Family
15,439
Multi-Family
2,225
Businesses
2,357
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Listed by: Chantel Smith • Century 21 Homefinders of Hawaii
Mls Name: Hawaii Information Service
Mls Provider:
Mls ID: #717397
Disclaimer: Copyright 2025 MLS Hawaii, Inc. All rights reserved. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Joel Backman - (808) 437-8500. [Click here for more information](/info/mls-disclaimers/#mls_726)