Real Estate Investing in Honokaa, Hawaii (96776)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 96776 (Honokaa, 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: 19.6% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 25.8 — 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 Honokaa, HI (96776)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 96776 Honokaa
This part of Hawaii County is not an easy win. The 96776 ZIP sits at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 96776 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Nearby ZIPs in Honokaa have seen price recovery that 96776 has not matched. Hawaii County data supports the view that the spread is structural rather than temporary.
The demographic picture in 96776 includes headwinds that any investor should price in. Income distribution skews lower than Honokaa averages, and tenant stability requires active management.
Distressed ZIPs reward experience. resilient returns are possible in 96776, 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 Honokaa:
Market Trends
Home Value History (with trend line)
📊 How Does 96776 Compare?
| Metric | 96776 | Honokaa | Hilo, HI | Hawaii |
|---|---|---|---|---|
| Home Value | $542,994 | $600,341 | N/A | $824,731 |
| 5-Year CAGR | 3.8% | 4.0% | N/A | 5.4% |
| Avg Rent | $1,755 | $1,769 | N/A | - |
| Cap Rate | 2.5% | 2.3% | - | - |
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 96776 (Honokaa, HI). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 96776 (Honokaa, HI)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $542,994 |
| Monthly Rent | $1,755 |
| Price-to-Rent | 25.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.9% |
| Cap Rate | 2.5% |
| 5-Year IRR | 6.3% |
📈 Home Appreciation
| 1-Year | +2.7% ▲ |
| 3-Year CAGR | +0.9% ▲ |
| 5-Year CAGR | +3.8% ▲ |
| 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 (2.5%). 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 96776
Population: 1,629
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 96776
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
Are rents high in Honokaa, HI?
Average rent in Honokaa, HI is approximately $1,755/mo per month. Against $543K home values that yields a reasonable rent-to-price ratio.
How strong is tenant demand in Honokaa, HI?
The tenant pool in Honokaa, HI is solid, supported by local employment and population fundamentals. Rents of $1,755/mo are well-absorbed by the market.
What is the investability score for Honokaa, HI?
The 3.0/5 investability rating in Honokaa, HI reflects its $543K prices and $1,755/mo rents. Investors generally consider it a solid option within HI.
Does a duplex house hack pencil in Honokaa, HI?
House hacking works a challenging in Honokaa, HI. Rents of $1,755/mo against $543K acquisition make the strategy solid for owner-occupants.
How high is vacancy risk in Honokaa, HI?
Vacancy in Honokaa, HI is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,755/mo.
You know 96776 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 96776 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 96776 ranks in Hilo, HI
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 96776 (Honokaa)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 96776 (Honokaa, HI).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.