Real Estate Investing in Hoolehua, Hawaii (96729)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 96729 (Hoolehua, 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.
- Declining values: -0.8% 5-year CAGR — values have moved lower.
- Elevated vacancy: 9.7% vacancy may signal weakening demand.
- Elevated poverty: 22.2% poverty rate — can affect rent collection.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Hoolehua, HI (96729)?
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Market Analysis: 96729 Hoolehua
The 96729 ZIP in Hoolehua, HI is a local-operator market. Outside capital chasing a $445K entry has to pair deep knowledge with the discount.
From an investor standpoint, the numbers look inviting — $445K purchase price, 0.0% nominal cap — the work to hit that pro forma in 96729 is substantial and deserves full respect.
Regionally, 96729 sits on the difficult end of the HI spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.
Employment concentration in 96729 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Distressed ZIPs reward experience. resilient returns are possible in 96729, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Hoolehua:
Property Strategy for 96729
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $457,313 | $2,800 | 4.4% | +3.5% | $152,438 |
| 4BR | $452,756 | $3,230 | 5.1% | +1.6% | $113,189 |
Market Trends
Home Value History (with trend line)
📊 How Does 96729 Compare?
| Metric | 96729 | Hoolehua | Kahului-Wailuku-Lahaina, HI | Hawaii |
|---|---|---|---|---|
| Home Value | $445,251 | $445,251 | N/A | $824,731 |
| 5-Year CAGR | N/A | N/A | N/A | 5.4% |
| Avg Rent | $1,872 | $1,872 | N/A | - |
| Cap Rate | 3.3% | 3.3% | - | - |
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 96729 (Hoolehua, HI). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $445,251 |
| Monthly Rent | $1,872 |
| Price-to-Rent | 19.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.1% |
| Cap Rate | 3.3% |
| 5-Year IRR | 2.5% |
📈 Home Appreciation
| 1-Year | -2.2% ▼ |
| 3-Year CAGR | -6.5% ▼ |
| 5-Year CAGR | -0.8% ▼ |
| 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 (3.3%). 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 96729
Population: 1,576
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 96729
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.
Frequently Asked Questions
How does Hoolehua, HI rate as a rental market?
The 2.0/5 investability rating in Hoolehua, HI reflects its $445K prices and $1,872/mo rents. Investors generally consider it a solid option within HI.
Do rentals sit vacant long in Hoolehua, HI?
Vacancy risk in Hoolehua, HI is elevated. That supports measured cash flow for typical rental holds.
Which investment style suits Hoolehua, HI?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Hoolehua, HI. The numbers - $445K homes against $1,872/mo rents - support that play.
Is the tenant base reliable in Hoolehua, HI?
Expect a solid tenant pool in Hoolehua, HI. The rental market absorbs $1,872/mo rents without meaningful friction.
Are eviction rules reasonable in Hoolehua, HI?
HI ranks as a landlord-friendly state for landlord-tenant law. Hoolehua generally follows the statewide framework, so landlords face reasonable operating rules.
You know 96729 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 96729 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 96729 ranks in Kahului-Wailuku-Lahaina, HI
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