47-4567 Honokaa Waipio RdHonokaaHI96727
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 47-4567 Honokaa Waipio Rd, Honokaa, HI, 96727 in Honokaa is capital appreciation. Rental yield 4.56%. The 4.56% gross yield at $1,950,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $538,749 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.84) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $497,349.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.6% | 6.2% |
| Monthly Cash Flow | $(3,697) | $150 |
City averages based on Honokaa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,408 |
| Total Monthly Debt Service | $10,328 |
| DSCR Ratio | 0.72x |
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.
Single Family
Built in 2001
46.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96727, Honokaa, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,299 (100%) |
| Owner Occupied HU | 1,459 (63.5%) |
| Renter Occupied HU | 552 (24.0%) |
| Vacant Housing Units | 288 (12.5%) |
| Median Home Value | $734,375 |
| Average Home Value | $800,195 |
Housing Distribution
Address Breakdown
Residential
495
Single Family
495
Multi-Family
0
Businesses
172
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
Single Family
Built in 2001
46.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96727, Honokaa, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,299 (100%) |
| Owner Occupied HU | 1,459 (63.5%) |
| Renter Occupied HU | 552 (24.0%) |
| Vacant Housing Units | 288 (12.5%) |
| Median Home Value | $734,375 |
| Average Home Value | $800,195 |
Housing Distribution
Address Breakdown
Residential
495
Single Family
495
Multi-Family
0
Businesses
172
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices