61-163 Ikuwai PlHaleiwaHI96712
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 61-163 Ikuwai Pl, Haleiwa, HI, 96712 in Haleiwa worth study. Rental yield 4.02%. The 4.02% gross yield is below cash-flow benchmarks at $1,895,000, but 5% annual appreciation, adding $523,554 over five years, frames this as a capital growth position. Rent of $6,352/mo partially offsets the $8,521/mo payment. Ziffy Mortgage finances appreciation-play properties (0.75 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $428,793.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4% | 9.0% |
| Monthly Cash Flow | $(4,439) | $1,500 |
City averages based on Haleiwa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,352 |
| Total Monthly Debt Service | $10,037 |
| DSCR Ratio | 0.63x |
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 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96712, Haleiwa, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,372 (100%) |
| Owner Occupied HU | 1,515 (44.9%) |
| Renter Occupied HU | 1,279 (37.9%) |
| Vacant Housing Units | 578 (17.1%) |
| Median Home Value | $1,454,861 |
| Average Home Value | $1,516,413 |
Housing Distribution
Address Breakdown
Residential
2,416
Single Family
2,300
Multi-Family
116
Businesses
446
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 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96712, Haleiwa, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,372 (100%) |
| Owner Occupied HU | 1,515 (44.9%) |
| Renter Occupied HU | 1,279 (37.9%) |
| Vacant Housing Units | 578 (17.1%) |
| Median Home Value | $1,454,861 |
| Average Home Value | $1,516,413 |
Housing Distribution
Address Breakdown
Residential
2,416
Single Family
2,300
Multi-Family
116
Businesses
446
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mikey Bruneau • HomeSmart Island Homes
Mls Name: HiCentral MLS
Mls Provider:
Mls ID: #202423837
Disclaimer: Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on 2025-02-23 00:48:46 PST. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd