92 971 Reef Parkway Walaka DrOcean ViewHI96737
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 92 971 Reef Parkway Walaka Dr, Ocean View, HI, 96737 in Ocean View. At $175,000 it earns $1,397/mo in rent and distributes $400/mo to the owner after the $787/mo payment, a consistent 9.58% yield. DSCR 1.78 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $48,349 in value; $1,612/yr in principal paydown compounds ownership stake. Total projected return: $91,749.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 5.0% |
| Monthly Cash Flow | $400 | $1,500 |
City averages based on Ocean View market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,397 |
| Total Monthly Debt Service | $927 |
| DSCR Ratio | 1.51x |
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 N/A
1.90 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
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 N/A
1.90 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Eddie Underwood • Hawaii Coast Realty, LLC
Mls Name: Hawaii Information Service
Mls ID: #723174