95-269 Waikalani Dr APT C1102MililaniHI96789
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderAt $439,000, 95-269 Waikalani Dr APT C1102, Mililani, HI, 96789 in Mililani generates $2,702/mo in rent (7.39% yield) but nets only $192/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.37) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $121,288. Total projected return: $135,036.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 4.2% |
| Monthly Cash Flow | $192 | $1,850 |
City averages based on Mililani market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,702 |
| Total Monthly Debt Service | $3,050 |
| DSCR Ratio | 0.89x |
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.
Condo
Built in 1976
N/A 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
Condo
Built in 1976
N/A 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: Matthew J Iannaccio • eXp Realty
Mls Name: HiCentral MLS
Mls Provider:
Mls ID: #202501087
Disclaimer: Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on 2025-02-21 14:09:27 PST. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd