509 University Ave APT 1004HonoluluHI96826
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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 Honolulu at 509 University Ave APT 1004, Honolulu, HI, 96826 generates $1,849/mo in rent and, after a $1,346/mo payment, leaves $283/mo in cash flow. Total monthly income is $1,849/mo, and annual cash flow is $3,396/yr on $91,163 invested. Return on cash invested sits at 23.63% in year one, and rental yield is 8.07% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 122.17% and total cumulative return in cash sums $111,371. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,849/mo property income rather than buyer’s personal income.
Condo
Built in 1961
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96826, Honolulu, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,751 (100%) |
| Owner Occupied HU | 4,285 (29.0%) |
| Renter Occupied HU | 9,084 (61.6%) |
| Vacant Housing Units | 1,382 ( 9.4%) |
| Median Home Value | $611,398 |
| Average Home Value | $775,171 |
Housing Distribution
Address Breakdown
Residential
15,349
Single Family
2,250
Multi-Family
13,099
Businesses
942
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