987 Queen St #3603HonoluluHI96814
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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
Investment property for sale in Honolulu at 987 Queen St #3603, Honolulu, HI, 96814 offers a 5.82% rental yield on a $739,000 purchase with $3,587/mo rent. 8% in year one. Equity gained on principal adds $4,769/yr while 5% annual appreciation supports $204,172 over five years. Portfolio math shows five-year ROI at 80.55% and total cumulative return in cash at $195,836. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,587/mo property income against a $3,617/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2019
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96814, Honolulu, HI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,948 (100%) |
| Owner Occupied HU | 5,798 (34.2%) |
| Renter Occupied HU | 8,499 (50.1%) |
| Vacant Housing Units | 2,651 (15.6%) |
| Median Home Value | $894,916 |
| Average Home Value | $1,001,990 |
Housing Distribution
Address Breakdown
Residential
16,953
Single Family
417
Multi-Family
16,536
Businesses
2,501
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Listed by: Yoshiko M Kaku • Moana Realty LLC
Mls Name: HiCentral MLS
Mls Provider:
Mls ID: #202415569
Disclaimer: Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on 2025-01-28 04:11:56 PST. Information is deemed reliable but not guaranteed. Copyright 2024 HiCentral MLS, Ltd