700 Richards St APT 1110HonoluluHI96813
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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 700 Richards St APT 1110, Honolulu, HI, 96813 generates $4,372/mo in rent and, after a $3,573/mo payment, leaves $201/mo in cash flow. Total monthly income is $4,372/mo, and annual cash flow is $2,412/yr on $240,170 invested. Return on cash invested sits at 21.06% in year one, and rental yield is 7.19% on a $730,000 entry. Equity gained on principal adds $4,711/yr, while 5% annual appreciation builds toward $201,686 over five years. Five-year ROI reaches 108.39% and total cumulative return in cash sums $260,318. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,372/mo property income rather than buyer’s personal income.
Condo
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96813, Honolulu, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,305 (100%) |
| Owner Occupied HU | 7,847 (45.3%) |
| Renter Occupied HU | 8,101 (46.8%) |
| Vacant Housing Units | 1,357 ( 7.8%) |
| Median Home Value | $891,444 |
| Average Home Value | $987,180 |
Housing Distribution
Address Breakdown
Residential
13,983
Single Family
3,531
Multi-Family
10,452
Businesses
3,031
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Listed by: Luz Valeria Caballero Fukunaga • Jack Tyrrell & Company
Mls Name: HiCentral MLS
Mls Provider:
Mls ID: #202411442
Disclaimer: Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on 2025-01-28 04:11:56 PST. Information is deemed reliable but not guaranteed. Copyright 2024 HiCentral MLS, Ltd