3750 Lower Honoapiilani Rd APT 202LahainaHI96761
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 3750 Lower Honoapiilani Rd APT 202, Lahaina, HI, 96761 in Lahaina: $3,212/mo in rent, $593/mo in net income, 8.38% gross yield, 1.55 DSCR, all at $460,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $127,090 in appreciation and $4,237/yr in principal paydown projects total cumulative return of $211,580.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 5.8% |
| Monthly Cash Flow | $593 | $1,850 |
City averages based on Lahaina market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,212 |
| Total Monthly Debt Service | $2,436 |
| DSCR Ratio | 1.32x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1970
0.65 Acres lot
$N/A/sqft
No 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 1970
0.65 Acres lot
$N/A/sqft
No 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