87-224 Laulele StWaianaeHI96792
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderNot flashy, but dependably profitable, 87-224 Laulele St, Waianae, HI, 96792 in Waianae is listed at $810,000 and delivers $4,998/mo in rent and $376/mo in net monthly cash flow. The 7.4% yield and 1.37 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $223,788 over five years, and $7,460/yr in principal reduction supplements cash return. Total projected cumulative return: $329,655.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 5.2% |
| Monthly Cash Flow | $376 | $850 |
City averages based on Waianae market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,998 |
| Total Monthly Debt Service | $4,300 |
| DSCR Ratio | 1.16x |
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.
Single Family
Built in 1965
N/A lot
$N/A/sqft
No 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
Single Family
Built in 1965
N/A lot
$N/A/sqft
No 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: Van E Ko • Fortune Properties LLC
Mls Name: HiCentral MLS
Mls Provider:
Mls ID: #202511578
Disclaimer: Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on 2025-10-27 23:06:38 PDT. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd