803 Waimanu St #204HonoluluHI96813
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 803 Waimanu St #204, Honolulu, HI, 96813 in Honolulu hard to pass up. The 11.86% gross yield on a $297,500 purchase results in $2,940/mo in rent and $1,193/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.20). Annual cash flow of $14,317, five-year appreciation of $82,194, and $2,740/yr in equity build-up combine for a projected total cumulative return of $189,203.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.9% | 4.2% |
| Monthly Cash Flow | $1,193 | $18,500 |
City averages based on Honolulu market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,940 |
| Total Monthly Debt Service | $1,629 |
| DSCR Ratio | 1.81x |
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 2019
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
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 2019
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices