4954 Kilauea Ave #51HonoluluHI96816
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder4954 Kilauea Ave #51, Honolulu, HI, 96816 in Honolulu earns a respectable 7.37% gross yield at $545,000, but after the $2,451/mo mortgage the net cash flow is $163/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.37) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $150,573 over five years, making equity the dominant return driver. Total projected return: $169,820.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 4.2% |
| Monthly Cash Flow | $163 | $18,500 |
City averages based on Honolulu market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,346 |
| Total Monthly Debt Service | $3,742 |
| 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.
Townhouse
Built in 1966
N/A lot
$N/A/sqft
No 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
Townhouse
Built in 1966
N/A lot
$N/A/sqft
No 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: Philip I Enomoto • Philip I. Enomoto
Mls Name: HiCentral MLS
Mls Provider:
Mls ID: #202420928
Disclaimer: Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on 2025-02-22 07:13:48 PST. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd