75-123 Lunapule Rd APT 107Kailua KonaHI96740
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderFor first-time U.S. investors or those diversifying conservatively, 75-123 Lunapule Rd APT 107, Kailua Kona, HI, 96740 in Kailua Kona offers a clean, manageable entry. Rental yield 7.93%. DSCR 1.39 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $158,862 in additional property value over five years, with $4,820/yr in principal equity building ownership stake. Total projected cumulative return: $182,431.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 4.8% |
| Monthly Cash Flow | $(430) | $1,850 |
City averages based on Kailua Kona market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,800 |
| Total Monthly Debt Service | $4,142 |
| DSCR Ratio | 0.92x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96740, Kailua Kona, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,076 (100%) |
| Owner Occupied HU | 9,918 (49.4%) |
| Renter Occupied HU | 5,421 (27.0%) |
| Vacant Housing Units | 4,737 (23.6%) |
| Median Home Value | $841,538 |
| Average Home Value | $933,708 |
Housing Distribution
Address Breakdown
Residential
14,399
Single Family
12,335
Multi-Family
2,064
Businesses
1,754
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Renee Higgins • COMPASS
Mls Name: Hawaii Information Service
Mls Provider:
Mls ID: #734312
