92-1781 Cocoanut DrCaptain CookHI96704
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play92-1781 Cocoanut Dr, Captain Cook, HI, 96704 in Captain Cook is priced for appreciation, not yield. Rental yield 4.81%. At $399,000 with a 4.81% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $110,236 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.89) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $107,261.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.8% | 5.2% |
| Monthly Cash Flow | $(671) | $1,850 |
City averages based on Captain Cook market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,601 |
| Total Monthly Debt Service | $2,113 |
| DSCR Ratio | 0.76x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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
3.00 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96704, Captain Cook, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,899 (100%) |
| Owner Occupied HU | 3,490 (59.2%) |
| Renter Occupied HU | 1,263 (21.4%) |
| Vacant Housing Units | 1,146 (19.4%) |
| Median Home Value | $518,519 |
| Average Home Value | $654,193 |
Housing Distribution
Address Breakdown
Residential
1,676
Single Family
1,676
Multi-Family
0
Businesses
120
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
3.00 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96704, Captain Cook, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,899 (100%) |
| Owner Occupied HU | 3,490 (59.2%) |
| Renter Occupied HU | 1,263 (21.4%) |
| Vacant Housing Units | 1,146 (19.4%) |
| Median Home Value | $518,519 |
| Average Home Value | $654,193 |
Housing Distribution
Address Breakdown
Residential
1,676
Single Family
1,676
Multi-Family
0
Businesses
120
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kelly Shaw • COMPASS
Mls Name: Hawaii Information Service
Mls ID: #725505