4300 Waialae Ave APT B1204HonoluluHI96816
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder4300 Waialae Ave APT B1204, Honolulu, HI, 96816 in Honolulu is a stable, well-positioned rental at $725,000. Rental yield 7.71%. DSCR 1.46 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $200,304 in value and $6,677/yr in principal paydown builds equity, a total projected return of $224,871.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.7% | 4.2% |
| Monthly Cash Flow | $(972) | $18,500 |
City averages based on Honolulu market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,774 |
| Total Monthly Debt Service | $5,341 |
| DSCR Ratio | 0.89x |
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 1968
N/A lot
$N/A/sqft
$1,455 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96816, Honolulu, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,435 (100%) |
| Owner Occupied HU | 10,892 (53.3%) |
| Renter Occupied HU | 7,646 (37.4%) |
| Vacant Housing Units | 1,897 ( 9.3%) |
| Median Home Value | $1,342,973 |
| Average Home Value | $1,400,110 |
Housing Distribution
Address Breakdown
Residential
17,067
Single Family
13,978
Multi-Family
3,089
Businesses
1,324
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 1968
N/A lot
$N/A/sqft
$1,455 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96816, Honolulu, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,435 (100%) |
| Owner Occupied HU | 10,892 (53.3%) |
| Renter Occupied HU | 7,646 (37.4%) |
| Vacant Housing Units | 1,897 ( 9.3%) |
| Median Home Value | $1,342,973 |
| Average Home Value | $1,400,110 |
Housing Distribution
Address Breakdown
Residential
17,067
Single Family
13,978
Multi-Family
3,089
Businesses
1,324
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rex H Mau • Takasaki R. E. Services, Inc.
Mls Name: HiCentral MLS
Mls Provider:
Mls ID: #202510649
Disclaimer: Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on 2025-05-06 10:34:14 PDT. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd