Real Estate Investing in Lahaina, Hawaii (96761)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 96761 (Lahaina, 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: 38.9% of homes vacant — above national norms.
- 1-year downturn: Values declined 5.8% in the last year.
- High price-to-rent: Price-to-rent ratio 25.5 — hard to cash-flow at these prices.
What’s happening in Lahaina, HI (96761)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 96761 Lahaina
The 96761 ZIP in Lahaina, HI is a local-operator market. Outside capital chasing a $978K entry has to pair deep knowledge with the discount.
The 96761 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
ZIP 96761's metrics run below Maui County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Demographically, 96761 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Distressed ZIPs reward experience. solid returns are possible in 96761, 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 Lahaina:
Property Strategy for 96761
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $714,853 | $2,200 | 2.2% | +3.9% | $714,853 |
| 2BR | $1,140,038 | $2,890 | 1.8% | +4.4% | $570,019 |
| 3BR | $1,436,964 | $3,740 | 1.9% | +5.3% | $478,988 |
| 4BR | $2,427,186 | $4,670 | 1.4% | +7.0% | $606,796 |
| 5BR | $2,068,823 | — | — | +6.4% | $413,765 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 96761 Compare?
| Metric | 96761 | Lahaina | Kahului-Wailuku-Lahaina, HI | Hawaii |
|---|---|---|---|---|
| Home Value | $978,094 | $978,094 | N/A | $824,731 |
| 5-Year CAGR | 2.6% | 2.6% | N/A | 5.4% |
| Avg Rent | $3,202 | $3,202 | N/A | - |
| Cap Rate | 2.6% | 2.6% | - | - |
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 96761 (Lahaina, HI). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $978,094 |
| Monthly Rent | $3,202 |
| Price-to-Rent | 25.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.9% |
| Cap Rate | 2.6% |
| 5-Year IRR | 5.2% |
📈 Home Appreciation
| 1-Year | -5.8% ▼ |
| 3-Year CAGR | -5.0% ▼ |
| 5-Year CAGR | +2.6% ▲ |
| 10-Year CAGR | +3.8% ▲ |
🏠 Rent Trends
| 1-Year | -9.3% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.6%). 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 96761
Population: 21,766
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 96761
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.
🎓 Nearby Colleges & Universities
Investor Insight: With 944 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is housing expensive in Lahaina, HI?
The median home value in Lahaina, HI is roughly $978K. That puts it reasonable relative to the HI statewide average.
How high is vacancy risk in Lahaina, HI?
Rental vacancy in Lahaina, HI is elevated. Investors should budget normal turnover but not chronic empty units.
Are tenants stable in Lahaina, HI?
Lahaina, HI offers a stable renter base at the $3,202/mo rent level. Tenant turnover is reasonable for well-managed properties.
How viable is house hacking in Lahaina, HI?
For house hackers, Lahaina, HI is a challenging. The $3,202/mo rent on a unit helps defray the mortgage on a $978K property.
Which real estate strategy fits Lahaina, HI?
A careful cash-flow rentals with hands-on management strategy Lahaina, HI best. The market produces stable results for that approach at the $978K price point.
You know 96761 now. You don’t know where it ranks.
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How 96761 ranks in Kahului-Wailuku-Lahaina, HI
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