Real Estate Investing in Kaaawa, Hawaii (96730)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 96730 (Kaaawa, 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 vacancy: 19.9% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 43.9 — 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 Kaaawa, HI (96730)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 96730 Kaaawa
ZIP 96730 inside Honolulu County looks affordable on the surface — median value of $1.1M — but the discount exists for reasons that a careful buyer should understand before committing.
For an experienced owner, 96730 can be a a credible choice for hunting ground — but the discount at $1.1M reflects genuine risk that outside investors often underestimate.
Statewide comparisons place 96730 among HI's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Employment concentration in 96730 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Strategically, 96730 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 Kaaawa:
Property Strategy for 96730
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $972,551 | $2,240 | 1.7% | +7.8% | $486,275 |
| 3BR | $1,101,326 | $3,120 | 2.0% | +6.8% | $367,109 |
Market Trends
Home Value History (with trend line)
📊 How Does 96730 Compare?
| Metric | 96730 | Kaaawa | Urban Honolulu, HI | Hawaii |
|---|---|---|---|---|
| Home Value | $1,062,165 | $1,062,165 | N/A | $824,731 |
| 5-Year CAGR | 4.5% | 4.5% | N/A | 5.4% |
| Avg Rent | $2,016 | $2,016 | N/A | - |
| Cap Rate | 1.5% | 1.5% | - | - |
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 96730 (Kaaawa, 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 | $1,062,165 |
| Monthly Rent | $2,016 |
| Price-to-Rent | 43.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.3% |
| Cap Rate | 1.5% |
| 5-Year IRR | 5.9% |
📈 Home Appreciation
| 1-Year | +5.7% ▲ |
| 3-Year CAGR | +2.8% ▲ |
| 5-Year CAGR | +4.5% ▲ |
| 10-Year CAGR | +4.7% ▲ |
🏠 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 (1.5%). 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 96730
Population: 1,427
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 96730
Schools in This ZIP Code
Nearby Schools (1 more)
Schools in adjacent ZIP codes that may serve this area
Hauula 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
Which real estate strategy fits Kaaawa, HI?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Kaaawa, HI. The numbers - $1.1M homes against $2,016/mo rents - support that play.
Are renters plentiful in Kaaawa, HI?
Kaaawa, HI draws a reliable base of working renters. Demand at the $2,016/mo rent level is reasonable for standard single-family and small multi rentals.
Are rents high in Kaaawa, HI?
Kaaawa, HI rentals go for roughly $2,016/mo a month. That puts gross yield in solid territory relative to $1.1M acquisition costs.
What price range are homes in Kaaawa, HI?
Median home price in Kaaawa, HI is near $1.1M, with a 5-year CAGR of 0.0%. Prices have been stable and supportive of buy-and-hold strategies.
Is Kaaawa, HI a smart market for rental property?
The 3.0/5 investability rating in Kaaawa, HI reflects its $1.1M prices and $2,016/mo rents. Investors generally consider it a solid option within HI.
You know 96730 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 96730 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 96730 ranks in Urban Honolulu, HI
Every ZIP in this metro, ranked. Free.
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