68-3883 Lua Kula St APT 2005WaikoloaHI96738
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid fundamentals define the investment case at 68-3883 Lua Kula St APT 2005, Waikoloa, HI, 96738 in Waikoloa: $3,203/mo in rent, $415/mo in net income, 10.71% gross yield, 1.98 DSCR, all at $359,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $99,185 in appreciation and $3,306/yr in principal paydown projects total cumulative return of $209,938.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 6.2% |
| Monthly Cash Flow | $415 | $1,500 |
City averages based on Waikoloa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,203 |
| Total Monthly Debt Service | $1,901 |
| DSCR Ratio | 1.68x |
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 1988
N/A lot
$N/A/sqft
No 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 1988
N/A lot
$N/A/sqft
No 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