Real Estate Investing in Laupahoehoe, Hawaii (96764)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 96764 (Laupahoehoe, 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: 24.3% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 31.3 — hard to cash-flow at these prices.
• 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 Laupahoehoe, HI (96764)?
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Market Analysis: 96764 Laupahoehoe
Not every below-median market is a bargain. Laupahoehoe's 96764 ZIP sits at signals that favor experienced operators who can absorb the risk $631K pricing implies.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 96764 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Nearby ZIPs in Laupahoehoe have seen price recovery that 96764 has not matched. Hawaii County data supports the view that the spread is structural rather than temporary.
A healthy renter share of 35% in 96764 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The right play in 96764 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Laupahoehoe:
Market Trends
Home Value History (with trend line)
📊 How Does 96764 Compare?
| Metric | 96764 | Laupahoehoe | Hilo, HI | Hawaii |
|---|---|---|---|---|
| Home Value | $631,492 | $631,492 | N/A | $824,731 |
| 5-Year CAGR | 4.3% | 4.3% | N/A | 5.4% |
| Avg Rent | $1,683 | $1,683 | N/A | - |
| Cap Rate | 2.1% | 2.1% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 96764 (Laupahoehoe, HI). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $631,492 |
| Monthly Rent | $1,683 |
| Price-to-Rent | 31.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.2% |
| Cap Rate | 2.1% |
| 5-Year IRR | 6.4% |
📈 Home Appreciation
| 1-Year | +0.8% ▲ |
| 3-Year CAGR | +1.3% ▲ |
| 5-Year CAGR | +4.3% ▲ |
| 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 (2.1%). 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 96764
Population: 570
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 96764
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 much do tenants pay in Laupahoehoe, HI?
Rent in Laupahoehoe, HI is around $1,683/mo. The resulting rent-to-value relationship with $631K pricing is reasonable for most investor models.
Do landlords face vacancy issues in Laupahoehoe, HI?
Rental vacancy in Laupahoehoe, HI is elevated. Investors should budget normal turnover but not chronic empty units.
How does Laupahoehoe, HI stack up for property investment?
Laupahoehoe, HI posts an investability rating of 3.0/5, with median home values near $631K and average rents around $1,683/mo. That combination puts it in the significant tier for investor interest.
Is Laupahoehoe, HI good for house hacking?
The house hack math a challenging in Laupahoehoe, HI. Owner-occupant buyers benefit from the $1,683/mo rents and $631K home values.
How should investors approach Laupahoehoe, HI?
In Laupahoehoe, HI the significant play is typically careful cash-flow rentals with hands-on management. The combination of $631K prices and $1,683/mo rents suits that approach.
You know 96764 now. You don’t know where it ranks.
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How 96764 ranks in Hilo, HI
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