3559 Lower Honoapiilani Rd APT 3ALahainaHI96761
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowAt 1.94, 3559 Lower Honoapiilani Rd APT 3A, Lahaina, HI, 96761 in Lahaina sits at the top of Ziffy Mortgage's DSCR coverage band, a significant advantage for non-U.S. buyers closing without domestic income documentation. Rental yield 10.47%. The 10.47% yield is backed by 5% annual appreciation projecting $64,926 in value gain, plus $2,164/yr in principal reduction. Total projected cumulative return: $764.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 5.8% |
| Monthly Cash Flow | $(1,515) | $1,850 |
City averages based on Lahaina market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,050 |
| Total Monthly Debt Service | $3,472 |
| DSCR Ratio | 0.59x |
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.
Condo
Built in 1965
2.74 Acres lot
$N/A/sqft
$1,647 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96761, Lahaina, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,923 (100%) |
| Owner Occupied HU | 3,077 (31.0%) |
| Renter Occupied HU | 2,495 (25.1%) |
| Vacant Housing Units | 4,351 (43.8%) |
| Median Home Value | $1,125,667 |
| Average Home Value | $1,281,033 |
Housing Distribution
Address Breakdown
Residential
6,040
Single Family
3,080
Multi-Family
2,960
Businesses
681
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
Condo
Built in 1965
2.74 Acres lot
$N/A/sqft
$1,647 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96761, Lahaina, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,923 (100%) |
| Owner Occupied HU | 3,077 (31.0%) |
| Renter Occupied HU | 2,495 (25.1%) |
| Vacant Housing Units | 4,351 (43.8%) |
| Median Home Value | $1,125,667 |
| Average Home Value | $1,281,033 |
Housing Distribution
Address Breakdown
Residential
6,040
Single Family
3,080
Multi-Family
2,960
Businesses
681
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kelly Lovato RB-22916 • Maui Luxury Realty LLC
Mls Name: RAM
Mls Provider:
Mls ID: #401251
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