95-118 Waimakua DrMililaniHI96789
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 95-118 Waimakua Dr, Mililani, HI, 96789 in Mililani the bet is firmly on appreciation. Rental yield 4.49%. The 4.49% gross yield on a $952,000 price is below income-first thresholds, but 5%/yr value growth projects $263,020 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.83) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $237,576.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.5% | 4.2% |
| Monthly Cash Flow | $(1,889) | $1,850 |
City averages based on Mililani market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,563 |
| Total Monthly Debt Service | $5,073 |
| DSCR Ratio | 0.70x |
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 1958
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96789, Mililani, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,832 (100%) |
| Owner Occupied HU | 14,542 (73.3%) |
| Renter Occupied HU | 4,543 (22.9%) |
| Vacant Housing Units | 747 ( 3.8%) |
| Median Home Value | $968,326 |
| Average Home Value | $1,003,067 |
Housing Distribution
Address Breakdown
Residential
18,578
Single Family
15,606
Multi-Family
2,972
Businesses
764
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 1958
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96789, Mililani, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,832 (100%) |
| Owner Occupied HU | 14,542 (73.3%) |
| Renter Occupied HU | 4,543 (22.9%) |
| Vacant Housing Units | 747 ( 3.8%) |
| Median Home Value | $968,326 |
| Average Home Value | $1,003,067 |
Housing Distribution
Address Breakdown
Residential
18,578
Single Family
15,606
Multi-Family
2,972
Businesses
764
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Zena A Rabang • HomeSmart Island Homes
Mls Name: HiCentral MLS
Mls Provider:
Mls ID: #202515776
Disclaimer: Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on 2025-10-13 21:54:18 PDT. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd