485 Waianuenue Ave APT 241HiloHI96720
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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 Hilo at 485 Waianuenue Ave APT 241, Hilo, HI, 96720 offers a 9.61% rental yield on a $179,950 purchase with $1,441/mo rent. Total monthly income registers $1,441/mo, and a $881/mo payment leaves $416/mo available for distribution. Annual cash flow reaches $4,992/yr on $59,653 to close, and return on cash invested stands at 28.28% in year one. Equity gained on principal adds $1,161/yr while 5% annual appreciation supports $49,717 over five years. Portfolio math shows five-year ROI at 147.17% and total cumulative return in cash at $87,793. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,441/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1963
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
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