493 Pio Dr APT 216WailukuHI96793
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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
Rental property for sale in Wailuku at 493 Pio Dr APT 216, Wailuku, HI, 96793 generates $1,831/mo in rent and, after a $1,317/mo payment, leaves $299/mo in cash flow. Total monthly income is $1,831/mo, and annual cash flow is $3,586/yr on $89,174 invested. Return on cash invested sits at 23.93% in year one, and rental yield is 8.17% on a $269,000 entry. Equity gained on principal adds $1,736/yr, while 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 123.75% and total cumulative return in cash sums $110,351. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,831/mo property income rather than buyer’s personal income.
Condo
Built in 1975
1.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96793, Wailuku, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,627 (100%) |
| Owner Occupied HU | 7,151 (61.5%) |
| Renter Occupied HU | 3,348 (28.8%) |
| Vacant Housing Units | 1,128 ( 9.7%) |
| Median Home Value | $851,285 |
| Average Home Value | $895,411 |
Housing Distribution
Address Breakdown
Residential
10,390
Single Family
9,083
Multi-Family
1,307
Businesses
1,681
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