Real Estate Investing in Kaunakakai, Hawaii (96757)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 96757 (Kaunakakai, 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: 22.4% of homes vacant — above national norms.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Kaunakakai, HI (96757)?
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Market Analysis: 96757 Kaunakakai
Not every below-median market is a bargain. Kaunakakai's 96757 ZIP registers signals that favor experienced operators who can absorb the risk $415K pricing implies.
For an experienced owner, 96757 can be a worth a close look for hunting ground — but the discount at $415K reflects genuine risk that outside investors often underestimate.
In the broader HI picture, 96757 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The 96757 ZIP's population of 800 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that registers the need for careful underwriting.
trends toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Kaunakakai:
Market Trends
Home Value History (with trend line)
📊 How Does 96757 Compare?
| Metric | 96757 | Kaunakakai | Kahului-Wailuku-Lahaina, HI | Hawaii |
|---|---|---|---|---|
| Home Value | $414,596 | $402,647 | N/A | $824,731 |
| 5-Year CAGR | N/A | 1.2% | N/A | 5.4% |
| Avg Rent | $1,908 | $1,904 | N/A | - |
| Cap Rate | 3.6% | 3.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 96757 (Kaunakakai, HI). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $414,596 |
| Monthly Rent | $1,908 |
| Price-to-Rent | 18.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.5% |
| Cap Rate | 3.6% |
| 5-Year IRR | 8.7% |
📈 Home Appreciation
| 1-Year | +5.1% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
| 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 (3.6%). 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 96757
Population: 800
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 96757
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
Does house hacking work in Kaunakakai, HI?
The a challenging house-hack environment in Kaunakakai, HI reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
How qualified is the tenant pool in Kaunakakai, HI?
Kaunakakai, HI draws a predictable base of working renters. Demand at the $1,908/mo rent level is reasonable for standard single-family and small multi rentals.
What real estate strategy is ideal for Kaunakakai, HI?
The best-fit strategy in Kaunakakai, HI is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
Is rental property easy to operate in Kaunakakai, HI?
HI ranks as a landlord-friendly state for landlord-tenant law. Kaunakakai generally follows the statewide framework, so landlords face reasonable operating rules.
What price range are homes in Kaunakakai, HI?
In Kaunakakai, HI the median home value sits at $415K. Against the broader HI market, that reads as reasonable for most investors.
You know 96757 now. You don’t know where it ranks.
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How 96757 ranks in Kahului-Wailuku-Lahaina, HI
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