92-1473 Luau DrOcean ViewHI96737
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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
Investment Highlights
Rental property for sale in Ocean View at 92-1473 Luau Dr, Ocean View, HI, 96737 generates $1,985/mo in rent, after a $1,943/mo payment. Total monthly income is $1,985/mo. Return on cash invested sits at 17.4% in year one, and rental yield is 6% on a $397,000 entry. Equity gained on principal adds $2,562/yr, while 5% annual appreciation builds toward $109,684 over five years. Five-year ROI reaches 88.73% and total cumulative return in cash sums $116,770. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,985/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
1.00 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96737, Ocean View, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 466 (100%) |
| Owner Occupied HU | 267 (57.3%) |
| Renter Occupied HU | 83 (17.8%) |
| Vacant Housing Units | 116 (24.9%) |
| Median Home Value | $220,833 |
| Average Home Value | $257,378 |
Housing Distribution
Address Breakdown
Residential
0
Single Family
0
Multi-Family
0
Businesses
72
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Listed by: Tracy J. Adams • Island Land Company, Inc.
Mls Name: Hawaii Information Service
Mls ID: #725827