803 Waimanu St #215HonoluluHI96813
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 803 Waimanu St #215, Honolulu, HI, 96813 in Honolulu hard to pass up. The 10.63% gross yield on a $379,640 purchase results in $3,362/mo in rent and $1,128/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.97). Annual cash flow of $13,541, five-year appreciation of $104,888, and $3,497/yr in equity build-up combine for a projected total cumulative return of $200,612.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 4.2% |
| Monthly Cash Flow | $1,128 | $18,500 |
City averages based on Honolulu market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,362 |
| Total Monthly Debt Service | $2,341 |
| DSCR Ratio | 1.44x |
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 2021
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 2021
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
Listed by: Vincenzo Stefano Mola • Real Estate Strategies, LLC
Mls Name: HiCentral MLS
Mls Provider:
Mls ID: #202426375
Disclaimer: Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on 2025-02-22 19:17:42 PST. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd