Townhouse Investment Properties for Sale in Waianae, HI

Motivated Seller
$ 540,000
4 bds | 3 ba | 1,500 sqft
ROI
24.5
Cash Flow/m
65487-176 Maipalaoa Rd #Q38, Waianae, HI, 96792

$ 339,000
2 bds | 1 ba | 813 sqft
ROI
22.3
Cash Flow/m
24084-575 Kili Dr Unit 199C, Waianae, HI, 96792

$ 335,000
3 bds | 1 ba | 1,131 sqft
ROI
25.1
Cash Flow/m
49887-186 Helelua St APT 2, Waianae, HI, 96792

$ 349,000
3 bds | 1 ba | 1,131 sqft
ROI
22.0
Cash Flow/m
22187-149 Helelua St APT 5, Waianae, HI, 96792
Why Invest in Waianae, Hawaii?
Waianae, HI townhouses offer stable investment opportunities in Oahu's west side amid moderate market growth. Demand outpaces limited supply, supporting rental yields around 5-6%. With cap rates near 6%, average rents of $2,200, and 3% annual appreciation, townhouses appeal to cash flow investors. Renter-occupied units exceed 50%, bolstered by tourism and military presence. Low entry prices relative to Honolulu make it ideal for multifamily scaling.
7.2%
Avg. ROI
5.8%
Rental Yield
6.1%
Cap Rate
$1850/mo
Avg. Cash Flow
$2200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Yes, with 5-6% yields and 52% renter occupancy, townhouses generate steady cash flow. Proximity to beaches and military bases ensures demand. Moderate appreciation adds long-term value.
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