724B Wainaku StHiloHI96720








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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
Investment property for sale in Hilo at 724B Wainaku St, Hilo, HI, 96720 at $1,075,000 posts ROI 11.63% with from $3,625/mo rent. Total monthly income equals $3,625/mo. Return on cash invested measures 11.63% and rental yield reads 4.05% at the current $1,075,000. Equity gained on principal adds $6,937/yr, and 5% annual appreciation supports $297,003 by year five. Five-year ROI prints 57.72% and total cumulative return in cash totals $201,054. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,625/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1987
7,510 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96720, Hilo, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,041 (100%) |
| Owner Occupied HU | 11,651 (58.1%) |
| Renter Occupied HU | 6,423 (32.0%) |
| Vacant Housing Units | 1,967 ( 9.8%) |
| Median Home Value | $598,069 |
| Average Home Value | $649,712 |
Housing Distribution
Address Breakdown
Residential
17,664
Single Family
15,439
Multi-Family
2,225
Businesses
2,357
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Listed by: Wailana Herbst • Corcoran Pacific Properties
Mls Name: Hawaii Information Service
Mls Provider:
Mls ID: #720815
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](/mls-disclaimers/#726)








