84-688 Ala Mahiku St APT 166BWaianaeHI96792
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow84-688 Ala Mahiku St APT 166B, Waianae, HI, 96792 in Waianae earns a respectable 11.26% gross yield at $243,000, but after the $1,093/mo mortgage the net cash flow is $79/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (2.09) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $67,136 over five years, making equity the dominant return driver. Total projected return: $100,267.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.3% | 5.2% |
| Monthly Cash Flow | $79 | $850 |
City averages based on Waianae market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,280 |
| Total Monthly Debt Service | $2,104 |
| DSCR Ratio | 1.08x |
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 1975
N/A lot
$N/A/sqft
$817 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96792, Waianae, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,030 (100%) |
| Owner Occupied HU | 8,133 (54.1%) |
| Renter Occupied HU | 5,024 (33.4%) |
| Vacant Housing Units | 1,873 (12.5%) |
| Median Home Value | $570,439 |
| Average Home Value | $650,228 |
Housing Distribution
Address Breakdown
Residential
12,807
Single Family
11,103
Multi-Family
1,704
Businesses
506
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 1975
N/A lot
$N/A/sqft
$817 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96792, Waianae, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,030 (100%) |
| Owner Occupied HU | 8,133 (54.1%) |
| Renter Occupied HU | 5,024 (33.4%) |
| Vacant Housing Units | 1,873 (12.5%) |
| Median Home Value | $570,439 |
| Average Home Value | $650,228 |
Housing Distribution
Address Breakdown
Residential
12,807
Single Family
11,103
Multi-Family
1,704
Businesses
506
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tabitha Cervero Fernando • Foster Realty, Inc.
Mls Name: HiCentral MLS
Mls Provider:
Mls ID: #202510920
Disclaimer: Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on 2025-10-24 23:34:48 PDT. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd