400 Hobron Ln APT 905HonoluluHI96815
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 400 Hobron Ln APT 905, Honolulu, HI, 96815 in Honolulu achieves a 1.51 ratio at $495,000: $3,355/mo rent versus $2,226/mo debt service. Rental yield 8.64%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 8.64% yield compounds alongside 5% annual appreciation projecting $136,759 in value. Total projected cumulative return: $148,517.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 4.2% |
| Monthly Cash Flow | $(464) | $18,500 |
City averages based on Honolulu market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,355 |
| Total Monthly Debt Service | $3,832 |
| DSCR Ratio | 0.88x |
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 1974
N/A lot
$N/A/sqft
$1,175 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96815, Honolulu, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,957 (100%) |
| Owner Occupied HU | 6,829 (28.5%) |
| Renter Occupied HU | 9,326 (38.9%) |
| Vacant Housing Units | 7,802 (32.6%) |
| Median Home Value | $741,337 |
| Average Home Value | $949,527 |
Housing Distribution
Address Breakdown
Residential
21,794
Single Family
2,824
Multi-Family
18,970
Businesses
1,472
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 1974
N/A lot
$N/A/sqft
$1,175 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96815, Honolulu, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,957 (100%) |
| Owner Occupied HU | 6,829 (28.5%) |
| Renter Occupied HU | 9,326 (38.9%) |
| Vacant Housing Units | 7,802 (32.6%) |
| Median Home Value | $741,337 |
| Average Home Value | $949,527 |
Housing Distribution
Address Breakdown
Residential
21,794
Single Family
2,824
Multi-Family
18,970
Businesses
1,472
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tom Presler • Compass
Mls Name: HiCentral MLS
Mls Provider:
Mls ID: #202508180
Disclaimer: Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on 2025-04-18 10:40:04 PDT. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd