Real Estate Investing in Aiea, Hawaii (96701)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 96701 (Aiea, HI)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High price-to-rent: Price-to-rent ratio 25.1 — hard to cash-flow at these prices.
What’s happening in Aiea, HI (96701)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 96701 Aiea
ZIP 96701 inside Honolulu County looks affordable on the surface — median value of $828K — but the discount exists for reasons that a careful buyer should understand before committing.
From an investor standpoint, the numbers look inviting — $828K purchase price, 0.0% nominal cap — the work to hit that pro forma in 96701 is substantial and deserves full respect.
Regionally, 96701 sits on the difficult end of the HI spectrum. The a viable market for read — for disciplined operators — is that pricing reflects the difficulty.
The demographic picture in 96701 includes headwinds that any investor should price in. Income distribution skews lower than Aiea averages, and tenant stability requires active management.
The 96701 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Aiea:
Property Strategy for 96701
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $365,579 | $1,880 | 3.7% | +3.4% | $365,579 |
| 2BR | $480,194 | $2,460 | 3.7% | +3.3% | $240,097 |
| 3BR | $934,153 | $3,420 | 2.6% | +4.8% | $311,384 |
| 4BR | $1,204,776 | $4,130 | 2.5% | +5.8% | $301,194 |
| 5BR | $1,305,614 | — | — | +5.6% | $261,123 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 96701 Compare?
| Metric | 96701 | Aiea | Urban Honolulu, HI | Hawaii |
|---|---|---|---|---|
| Home Value | $828,177 | $828,177 | N/A | $824,731 |
| 5-Year CAGR | 2.3% | 2.3% | N/A | 5.4% |
| Avg Rent | $2,752 | $2,752 | N/A | - |
| Cap Rate | 2.6% | 2.6% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 96701 (Aiea, HI). Anonymous, moderated, never written by AI.
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Property managers serving Honolulu County
Manage rentals here? List your business →HappyDoors Property Management offers services in Honolulu, Oahu, Hawaii, HI. summary from their website
Oishi's Property Management, founded in 1977 in Honolulu, Hawaii, provides quality management services to owners and condominium associations, also serving Las Vegas. summary from their website
Real Property Management Honolulu is a property management company in Honolulu, Hawaii. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $828,177 |
| Monthly Rent | $2,752 |
| Price-to-Rent | 25.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.0% |
| Cap Rate | 2.6% |
| 5-Year IRR | 4.9% |
📈 Home Appreciation
| 1-Year | +1.9% ▲ |
| 3-Year CAGR | +0.0% ▲ |
| 5-Year CAGR | +2.3% ▲ |
| 10-Year CAGR | +3.7% ▲ |
🏠 Rent Trends
| 1-Year | +17.6% ▲ |
| 3-Year CAGR | +10.4% ▲ |
| 5-Year CAGR | +8.6% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 96701
Population: 40,504
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 96701
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 3,785 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How expensive is real estate in Aiea, HI?
Aiea, HI median home values land near $828K. That is reasonable territory for investors looking at $2,752/mo-per-month rentals.
Is house hacking profitable in Aiea, HI?
Aiea, HI offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $2,752/mo rent level.
What kind of tenants rent in Aiea, HI?
Working renters make up the core of the Aiea, HI tenant base. The pool is reasonable for investors targeting long-term holds.
Are landlord laws favorable in Aiea, HI?
The landlord environment in Aiea, HI is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
What are rental rates like in Aiea, HI?
The typical rental in Aiea, HI commands about $2,752/mo monthly. That rent profile reliable cash flow against the $828K purchase basis.
You know 96701 now. You don’t know where it ranks.
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How 96701 ranks in Urban Honolulu, HI
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