39-3291 Old Mamalahoa HwyOokalaHI96774
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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 Ookala at 39-3291 Old Mamalahoa Hwy, Ookala, HI, 96774 offers a 7.85% rental yield on a $499,000 purchase with $3,266/mo rent. Total monthly income registers $3,266/mo, and a $2,442/mo payment leaves $425/mo available for distribution. Annual cash flow reaches $5,098/yr on $165,419 to close, and return on cash invested stands at 22.99% in year one. Equity gained on principal adds $3,220/yr while 5% annual appreciation supports $137,865 over five years. Portfolio math shows five-year ROI at 118.71% and total cumulative return in cash at $196,374. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,266/mo property income against a $2,442/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96774, Ookala, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 170 (100%) |
| Owner Occupied HU | 119 (70.0%) |
| Renter Occupied HU | 28 (16.5%) |
| Vacant Housing Units | 23 (13.5%) |
| Median Home Value | $854,592 |
| Average Home Value | $952,731 |
Housing Distribution
Address Breakdown
Residential
0
Single Family
0
Multi-Family
0
Businesses
2
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