68-3831 Lua Kula St #E202WaikoloaHI96738
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeFinancing efficiency matters for international buyers, and 68-3831 Lua Kula St #E202, Waikoloa, HI, 96738 in Waikoloa offers it: the 1.60 DSCR gives Ziffy Mortgage's underwriting team an unusually clean file, no U.S. credit, no personal income required. Rental yield 8.64%. Long-term, 5% appreciation is forecast to add $108,095, and $3,603/yr in principal paydown compounds equity steadily. Projected five-year cumulative return: $145,048.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 6.2% |
| Monthly Cash Flow | $(84) | $1,500 |
City averages based on Waikoloa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,816 |
| Total Monthly Debt Service | $2,745 |
| DSCR Ratio | 1.03x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Condo
Built in 1989
N/A lot
$N/A/sqft
$498 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96738, Waikoloa, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,561 (100%) |
| Owner Occupied HU | 2,191 (48.0%) |
| Renter Occupied HU | 663 (14.5%) |
| Vacant Housing Units | 1,707 (37.4%) |
| Median Home Value | $775,493 |
| Average Home Value | $945,681 |
Housing Distribution
Address Breakdown
Residential
2,817
Single Family
1,997
Multi-Family
820
Businesses
229
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
Condo
Built in 1989
N/A lot
$N/A/sqft
$498 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96738, Waikoloa, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,561 (100%) |
| Owner Occupied HU | 2,191 (48.0%) |
| Renter Occupied HU | 663 (14.5%) |
| Vacant Housing Units | 1,707 (37.4%) |
| Median Home Value | $775,493 |
| Average Home Value | $945,681 |
Housing Distribution
Address Breakdown
Residential
2,817
Single Family
1,997
Multi-Family
820
Businesses
229
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jacqueline Mylroie • Kohala Coast Properties
Mls Name: Hawaii Information Service
Mls Provider:
Mls ID: #708921
Disclaimer: Copyright 2025 MLS Hawaii, Inc. All rights reserved. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Joel Backman - (808) 437-8500. [Click here for more information](/info/mls-disclaimers/#mls_726)