Real Estate Investing in Hawi, Hawaii (96719)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 96719 (Hawi, HI)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 19.5% of homes vacant — above national norms.
- Higher unemployment: 9.2% unemployment — tenant risk signal.
- High price-to-rent: Price-to-rent ratio 33.7 — 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 Hawi, HI (96719)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 96719 Hawi
ZIP 96719 in Hawi, HI carries a sturdy set of headwinds. Home values near $856K and rents of $2,115/mo sit inside a market where underwriting has to be tight.
The investment case in 96719 is resilient only for operators who understand what they are buying. A $856K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
In the broader HI picture, 96719 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
From an investor standpoint, 1,537 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Strategically, 96719 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Hawi:
Property Strategy for 96719
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $817,014 | $2,350 | 2.1% | +6.9% | $408,507 |
| 3BR | $743,966 | $2,970 | 2.9% | +5.6% | $247,989 |
| 4BR | $1,074,012 | $3,420 | 2.3% | +6.1% | $268,503 |
Market Trends
Home Value History (with trend line)
📊 How Does 96719 Compare?
| Metric | 96719 | Hawi | Hilo, HI | Hawaii |
|---|---|---|---|---|
| Home Value | $856,210 | $856,210 | N/A | $824,731 |
| 5-Year CAGR | 3.7% | 3.7% | N/A | 5.4% |
| Avg Rent | $2,115 | $2,115 | N/A | - |
| Cap Rate | 1.9% | 1.9% | - | - |
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 96719 (Hawi, HI). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 96719 (Hawi, HI)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $856,210 |
| Monthly Rent | $2,115 |
| Price-to-Rent | 33.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.0% |
| Cap Rate | 1.9% |
| 5-Year IRR | 5.6% |
📈 Home Appreciation
| 1-Year | +3.2% ▲ |
| 3-Year CAGR | +0.6% ▲ |
| 5-Year CAGR | +3.7% ▲ |
| 10-Year CAGR | N/A |
🏠 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 (1.9%). 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 96719
Population: 1,537
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
Frequently Asked Questions
Is real estate in Hawi, HI a good investment right now?
Hawi, HI scores 2.0/5 for investability. Home values sit at $856K and rents near $2,115/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
How much do tenants pay in Hawi, HI?
Expect rents around $2,115/mo per month in Hawi, HI. With home values at $856K, the yield math works out to reasonable levels for rental investors.
What is the average home sale price in Hawi, HI?
Expect median prices around $856K in Hawi, HI. The market has run at a 0.0% 5-year CAGR, so entry costs have been reliable.
Does house hacking work in Hawi, HI?
House hacking in Hawi, HI is reasonable to execute. Prices around $856K and rents of $2,115/mo solid owner-occupant economics.
What is the smart move for investors in Hawi, HI?
In Hawi, HI the solid play is typically careful cash-flow rentals with hands-on management. The combination of $856K prices and $2,115/mo rents suits that approach.
You know 96719 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 96719 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 96719 ranks in Hilo, HI
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 96719 (Hawi)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 96719 (Hawi, HI).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.