Real Estate Investing in Hauula, Hawaii (96717)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 96717 (Hauula, HI)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 30.4% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 28.5 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Hauula, HI (96717)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 96717 Hauula
Investors eyeing 96717 need to respect the fundamentals at play. Home values of $859K come alongside slower price movement and elevated management overhead.
Rent of $2,511/mo on a $859K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 96717 sits below the stated 0.0% once reality is priced in.
In practical terms, 96717 offers a low basis, the region around Hauula has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Employment concentration in 96717 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
The 96717 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 Hauula:
Property Strategy for 96717
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $416,563 | $2,130 | 3.7% | +9.4% | $416,563 |
| 2BR | $788,546 | $2,790 | 2.5% | +5.2% | $394,273 |
| 3BR | $858,213 | $3,880 | 3.3% | +5.1% | $286,071 |
| 4BR | $1,091,164 | $4,680 | 3.1% | +5.8% | $272,791 |
| 5BR | $1,195,334 | — | — | +6.2% | $239,067 |
Market Trends
Home Value History (with trend line)
📊 How Does 96717 Compare?
| Metric | 96717 | Hauula | Urban Honolulu, HI | Hawaii |
|---|---|---|---|---|
| Home Value | $859,056 | $859,056 | N/A | $824,731 |
| 5-Year CAGR | 3.3% | 3.3% | N/A | 5.4% |
| Avg Rent | $2,511 | $2,511 | N/A | - |
| Cap Rate | 2.3% | 2.3% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 96717 (Hauula, 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 | $859,056 |
| Monthly Rent | $2,511 |
| Price-to-Rent | 28.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.5% |
| Cap Rate | 2.3% |
| 5-Year IRR | 5.6% |
📈 Home Appreciation
| 1-Year | +5.7% ▲ |
| 3-Year CAGR | +2.2% ▲ |
| 5-Year CAGR | +3.3% ▲ |
| 10-Year CAGR | +5.1% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.3%). 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 96717
Population: 4,396
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 96717
Schools in This ZIP Code
Nearby Schools (1 more)
Schools in adjacent ZIP codes that may serve this area
Kaaawa Elementary School
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 2,770 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is it easy to find good tenants in Hauula, HI?
The renter base in Hauula, HI is reasonable for the $2,511/mo price point. Screening well and pricing to market typically yields reliable tenants.
Is vacancy a concern in Hauula, HI?
Expect elevated vacancy in Hauula, HI. Rents at $2,511/mo are absorbed by the tenant base without meaningful lag.
What are home prices like in Hauula, HI?
Median home price in Hauula, HI is near $859K, with a 5-year CAGR of 0.0%. Prices have been consistent and supportive of buy-and-hold strategies.
How strong are rents in Hauula, HI?
Investors in Hauula, HI typically see rents near $2,511/mo per month against $859K home values - a solid setup for rental cash flow.
Are eviction rules reasonable in Hauula, HI?
Hauula, HI falls under HI landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
You know 96717 now. You don’t know where it ranks.
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How 96717 ranks in Urban Honolulu, HI
Every ZIP in this metro, ranked. Free.
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