400 Hualani St #4224HiloHI96720
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
Investment Highlights
Investment property for sale in Hilo at 400 Hualani St #4224, Hilo, HI, 96720 uses $72,599 cash to close to unlock $3,466/yr annual cash flow and $289/mo monthly cash flow. Total monthly income runs $1,536/mo, and a $1,072/mo payment keeps the spread at $289/mo. Purchase price stands at $219,000, and rental yield measures 8.42% with $1,536/mo rent. Return on cash invested shows 24.68% in year one, and 5% annual appreciation builds toward $60,506 over five years. Five-year ROI reaches 127.8% and total cumulative return in cash records $92,781. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,536/mo property income covering a $1,072/mo payment rather than investor’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices