775 McNeill St #223HonoluluHI96817
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderSolid fundamentals define the investment case at 775 McNeill St #223, Honolulu, HI, 96817 in Honolulu: $2,543/mo in rent, $305/mo in net income, 7.76% gross yield, 1.44 DSCR, all at $393,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $108,579 in appreciation and $3,620/yr in principal paydown projects total cumulative return of $167,823.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 4.2% |
| Monthly Cash Flow | $305 | $18,500 |
City averages based on Honolulu market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,543 |
| Total Monthly Debt Service | $2,082 |
| DSCR Ratio | 1.22x |
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 1965
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96817, Honolulu, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,811 (100%) |
| Owner Occupied HU | 7,664 (36.8%) |
| Renter Occupied HU | 11,645 (56.0%) |
| Vacant Housing Units | 1,502 ( 7.2%) |
| Median Home Value | $1,218,631 |
| Average Home Value | $1,198,947 |
Housing Distribution
Address Breakdown
Residential
19,251
Single Family
9,077
Multi-Family
10,174
Businesses
2,596
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 1965
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96817, Honolulu, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,811 (100%) |
| Owner Occupied HU | 7,664 (36.8%) |
| Renter Occupied HU | 11,645 (56.0%) |
| Vacant Housing Units | 1,502 ( 7.2%) |
| Median Home Value | $1,218,631 |
| Average Home Value | $1,198,947 |
Housing Distribution
Address Breakdown
Residential
19,251
Single Family
9,077
Multi-Family
10,174
Businesses
2,596
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices