92-8215 Bamboo Ln · Hawaiian Ocean View, HI 96737

$275,000

3 bd · 2.0 ba · 904 sqft · SingleFamily · 34 Days on market

Built 1995 Good condition 1.00 ac lot $304/sqft · 5% below area Est $291k · 5% under

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Why this score? — see what drove the F grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +9.9/15.0
• Cash flow +6.1/30.0
• Appreciation +5.0/10.0
• Condition / age +3.8/5.0
• Rent growth +2.5/5.0
• Livability +2.4/5.0
• Schools +1.5/10.0
• 1% rule +1.4/10.0
• DSCR +0.4/10.0

Listing remarks MLS

Permit and final on this 3 bed - 1 bath home needing major repairs. Home has been vacant and sustained some roof and wall damage. Parts of the home on cement slab are in very good condition considering its age. Needs electric and catchment system. County dimensions are not same as actual footage. Low elevation, close to highway. No staking or survey. Great for someone looking for a project.

Key facts

• Renovated bathrooms
• Well lit bedrooms
• Expansive lanai

Tags

• PROFESSIONALLY CLEARED LAND
• EXPANSIVE LANAI
• WELL LIT BEDROOMS
• RENOVATED BATHROOMS
• OPEN LIVING DINING AREA
• COVERED OUTDOOR LIVING

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $275k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-518 ($-6k/yr) — negative.
• To cash-flow at today's rent, offer at most $200k (27.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $175k (36.4% below list).
• Recommended offer: $175k (36.4% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 48/100 on livability (#151 in HI) — a working-class tenant base; expect higher turnover. Watch: housing C-, health & safety C-, amenities F.
• Hawaii Department Of Education (suburban): math 32% / reading 50% proficiency, ranked #1 of 1 in HI (top 100%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Naalehu Elementary School (math 8% / reading 22%, grade F, #171 of 183 statewide, top 94%, 422 students, 70% FRL) — zoned schools average 70% FRL vs 39% district-wide (31 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 15% at this address vs 41% district-wide (-26 pts) — the specific schools serving this property underperform the Hawaii Department Of Education average; the district grade overstates school quality for this exact location.
• Market conditions: 309 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 982 units permitted in Hawaii County in 2024 (0 in 5+ unit buildings).
• At $1,750/mo this rent would consume 45% of the median local household income ($46k/yr) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $10k of equity ($2k loan paydown + $8k appreciation (3.0% local appreciation)).
• Hawaii County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 4, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 34 days — a 3% lower offer ($267k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 3y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $70k; list at $275k implies a 293% gain — meaningful room to come down on a strong offer.

Recommended offer $175,000 (36.4% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 34 days. Have you received any prior offers? Is the seller open to a 36% concession, seller financing, or rate buy-down credit?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.64% ✗
• Cap rate: 4.03%
• Cash-on-cash: -8.07%
• DSCR: 0.64
• GRM: 13.1

CMA / ARV

• ARV (median comp): $290,798
• List price: $275,000
• Delta: -5.43%
• Verdict: FAIR
• Comps: 9 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
92-8658 Catamaran Ln	1.44mi	2/1.0 (-1)	884 (-2%)	3mo	$339,000	$383	50
92-8203 Plumeria Ln	1.35mi	2/1.0 (-1)	864 (-4%)	0mo	$149,000	$172	48
92-8689 Lehua Ln	1.60mi	2/1.0 (-1)	864 (-4%)	2mo	$240,000	$278	47
92-1948 Aloha Blvd	1.93mi	2/1.0 (-1)	896 (-1%)	11mo	$275,000	$307	45
92-8366 Tiki Ln	0.52mi	2/2.0 (-1)	1,168 (+29%)	3mo	$280,000	$240	43
92-8227 Trade Wind Blvd	0.73mi	3/2.0	1,152 (+27%)	15mo	$415,000	$360	28
92-6072 Orchid Circle Mauka	1.22mi	3/2.0	1,164 (+29%)	18mo	$400,000	$344	25
92-1826 Aloha Blvd	2.12mi	3/2.0	1,144 (+26%)	22mo	$365,000	$319	22
92-2175 Cocoanut Dr	2.22mi	3/2.0	1,120 (+24%)	25mo	$310,000	$277	20
92-1668 Kona Dr	1.91mi	2/1.0 (-1)	1,138 (+26%)	17mo	$175,000	$154	17
92-1898 Princess Kaiulani Blvd	0.79mi	2/1.0 (-1)	1,026 (+14%)	23mo	$290,000	$283	15
92-1724 Kona Dr	1.72mi	2/1.0 (-1)	1,120 (+24%)	25mo	$325,000	$290	11

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 0.0%
• Equity multiple: 1.00×
• Total profit: $165
• Equity at exit: $123,652

10-year hold

• IRR: 4.0%
• Equity multiple: 1.61×
• Total profit: $46,899
• Equity at exit: $190,562

Cash invested: $77,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 37 Tenant-Leaning
• State Hawaii: 37 Tenant-Leaning · D+13
• County: — inherits STATE
• City: — inherits STATE

Honolulu has source-of-income protections; warranty of habitability strong.

Methodology + full state rankings →

Active competition Active MLS

• For sale now: 6 active
• Median asking: $204,000 ($225/sqft)
• Median days on market: 97 d
• This list price: 83% of active listings are priced below it
• ARV vs active asking: +43.2% above current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 96737

• Active inventory: 309
• Price-to-rent: 13.1×

Monthly cashflow live

• Estimated rent: $1,750 medium
• Mortgage (P&I): −$1,442
• Tax est. 1.5%: −$344 /mo · $4,125/yr
• Insurance: −$115
• HOA: −$0
• Vacancy / Maint / Mgmt: −$368
• Net cashflow: $-518

Break-even live

Break-even rent $2,406

Max offer price $200,050

Occupancy floor —

Sensitivity live

Price	-10% $-328	-5% $-423	+0% $-518	+5% $-613	+10% $-708
Rent	-10% $-656	-5% $-587	+0% $-518	+5% $-449	+10% $-380
Rate	-1.0pp $-379	-0.5pp $-448	base $-518	+0.5pp $-589	+1.0pp $-662

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $68,750
• Closing costs: $8,250
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
92-8453 Catamaran Ln Ocean View, HI	3.0	2.0	1008	$1,750	$1.74	112d	1	0.44mi

Property features AI

Finance

• Other: Roads are paved and privateAnnual road maintenance $155
• Financial info: Not used as a short-term vacation rental

Exterior

• Parking: Carport (325)Covered parkingUnassigned parking
• Utilities: Electricity availablePhone availableCatchment waterCesspool sewerNo solid waste disposal
• Home design: Property attachedFee simple ownershipZoned A-1ALava zone 2
• Exterior features: Wire fencingCleared and rocky lotTopography is fairly level, graded, and level

Interior

• Kitchen: DishwasherRangeMicrowave hoodRefrigerator
• Flooring: Laminate
• Bathrooms: 2 total bathrooms2 full bathrooms
• Interior features: Laminate flooring
• Laundry & utility: WasherDryer

Listing history 50 events

1. 2026-11-08
   days on market $275,000 Active 34 DOM
2. 2026-11-07
   days on market $275,000 Active 33 DOM
3. 2026-11-06
   days on market $275,000 Active 32 DOM
4. 2026-11-05
   days on market $275,000 Active 31 DOM
5. 2026-11-04
   days on market $275,000 Active 30 DOM
6. 2026-11-02
   days on market $275,000 Active 28 DOM
7. 2026-11-01
   days on market $275,000 Active 27 DOM
8. 2026-10-31
   days on market $275,000 Active 26 DOM
9. 2026-10-30
   days on market $275,000 Active 25 DOM
10. 2026-10-29
    days on market $275,000 Active 24 DOM
11. 2026-10-28
    days on market $275,000 Active 23 DOM
12. 2026-10-27
    days on market $275,000 Active 22 DOM
13. 2026-10-26
    days on market $275,000 Active 21 DOM
14. 2026-10-26
    days on market $275,000 Active 20 DOM
15. 2026-10-24
    days on market $275,000 Active 19 DOM
16. 2026-10-23
    days on market $275,000 Active 18 DOM
17. 2026-10-22
    days on market $275,000 Active 17 DOM
18. 2026-10-21
    days on market $275,000 Active 16 DOM
19. 2026-10-20
    days on market $275,000 Active 15 DOM
20. 2026-10-19
    days on market $275,000 Active 14 DOM
21. 2026-10-18
    days on market $275,000 Active 13 DOM
22. 2026-10-17
    days on market $275,000 Active 12 DOM
23. 2026-10-16
    days on market $275,000 Active 11 DOM
24. 2026-10-15
    days on market $275,000 Active 10 DOM
25. 2026-10-14
    days on market $275,000 Active 9 DOM
26. 2026-10-13
    days on market $275,000 Active 8 DOM
27. 2026-10-12
    days on market $275,000 Active 7 DOM
28. 2026-10-11
    days on market $275,000 Active 6 DOM
29. 2026-10-10
    days on market $275,000 Active 5 DOM
30. 2026-10-09
    days on market $275,000 Active 4 DOM
31. 2026-10-08
    days on market $275,000 Active 3 DOM
32. 2026-10-07
    days on market $275,000 Active 2 DOM
33. 2026-10-05
    pricedays on marketlisting id $275,000 Active 1 DOM
34. 2026-08-29
    days on market $290,000 Active 509 DOM
35. 2026-08-28
    days on market $290,000 Active 508 DOM
36. 2026-08-27
    days on market $290,000 Active 507 DOM
37. 2026-08-25
    days on market $290,000 Active 505 DOM
38. 2026-08-24
    days on market $290,000 Active 504 DOM
39. 2026-08-23
    days on market $290,000 Active 503 DOM
40. 2026-08-22
    days on market $290,000 Active 502 DOM
41. 2026-08-21
    days on market $290,000 Active 501 DOM
42. 2026-08-20
    days on market $290,000 Active 500 DOM
43. 2026-08-19
    days on market $290,000 Active 499 DOM
44. 2026-08-18
    days on market $290,000 Active 498 DOM
45. 2026-08-17
    days on market $290,000 Active 497 DOM
46. 2026-08-16
    days on market $290,000 Active 496 DOM
47. 2026-08-15
    days on market $290,000 Active 495 DOM
48. 2026-08-14
    days on market $290,000 Active 494 DOM
49. 2026-08-13
    days on market $290,000 Active 493 DOM
50. 2026-08-12
    days on market $290,000 Active 492 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🫁 Air quality 1/10 Low

Taxation est. · year 1

• Rental income: $21,000
• − Mortgage interest: −$15,404
• − Property taxes: −$4,125
• − Insurance: −$1,375
• − Repairs & maintenance: −$1,680
• − Management: −$1,680
• − Depreciation: −$8,000
• Taxable loss: −$11,264
• Est. tax savings @ 24.0%: +$2,703
• After-tax cash flow: $-3,512/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 12 photos

Good 75/100 Cosmetic rehab Est. rehab $4,520–$13,560 screening

This recently remodeled 3-bedroom, 2-bath home is in excellent condition and ready for immediate occupancy. The property offers a beautiful indoor-outdoor living experience with a spacious yard and covered carport.

Value-add opportunities

• Both landscaping — enhances curb appeal and outdoor living space ↑
• Both furniture — improves the home's livability and appeal ↑
• Both smart home integration — enhances convenience and energy efficiency ↑

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 15/100

Zoned Schools

Elementary Naalehu Elementary School F HI #171/183 Nat'l #36,424/41,679

Schools (NCES district)

• District: Hawaii Department Of Education
• NCES district ID: 1500030
• Math proficiency: 32% ▼ -10.00%
• Reading proficiency: 50% ▼ -3.00%
• Median HH income: $69,005
• Composite: 37.07/100
• National rank: #4504
• State rank: #1 of 1 in HI

F Composite livability gradescore 48/100

Livability — Hawaiian Ocean View

• Score: 48/100
• State rank: #151
• US rank: #26127

Category grades

Amenities F Commute F Cost of living B- Crime C+ Employment F Housing C- Health & safety C- User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hawaiian Ocean View, HI
• County: Hawaii · 220,733 people
• City population: 3,781
• Population (ZIP): 3,781
• Household income: $46,200
• Rent vs Own: 25.3% rent · 74.7% own

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Population outlook (Hawaii County) Hauer SSP2

• Today (2025): 220,733 people
• By 2030: 232,156 · +5.2%
• By 2040: 252,486 · +14.4%
• By 2050: 272,703 · +23.5%
• By 2075: 332,113 · +50.5%
• By 2100: 398,342 · +80.5%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Highly diverse neighborhood (Simpson 0.81)
• Race & ethnicity: Two or more races 42% White 39% Hispanic / Latino 16% Asian 6% Pacific Islander 6% Black 1% Native American 1%
• Hispanic origin (detail): Mexican 6% Puerto Rican 10%
• Languages at home: 75% English-only · Other Asian/Pacific 10% Spanish 3% Russian/Polish/Slavic 2%

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Political lean MEDSL · Hawaii

• 2024 margin: Strong D (+28.3) · D 63.0% · R 34.7% · Other 2.3%
• 2008→2024 swing: -25.4pp toward R · 2008: 53.7pp · 2024: 28.3pp
• All cycles: 2024: D+28.3 2020: D+36.2 2016: D+36.6 2012: D+51.3 2008: D+53.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: —
• Current HPI: —
• Rent YoY: —
• Metro: —
• State GDP YoY: —
• F500 in state: 0

Property features AI

Finance

• Other: Roads are paved and privateAnnual road maintenance $155
• Financial info: Not used as a short-term vacation rental

Exterior

• Parking: Carport (325)Covered parkingUnassigned parking
• Utilities: Electricity availablePhone availableCatchment waterCesspool sewerNo solid waste disposal
• Home design: Property attachedFee simple ownershipZoned A-1ALava zone 2
• Exterior features: Wire fencingCleared and rocky lotTopography is fairly level, graded, and level

Interior

• Kitchen: DishwasherRangeMicrowave hoodRefrigerator
• Flooring: Laminate
• Bathrooms: 2 total bathrooms2 full bathrooms
• Interior features: Laminate flooring
• Laundry & utility: WasherDryer

Price history

+189.5% since first listed

12 events — show timeline

• 2026-10-05 Listed $275,000 HI Information Service
• 2026-08-31 Listing Removed — HI Information Service
• 2026-06-26 Price Changed $290,000 HI Information Service
• 2026-06-05 Price Changed $295,000 HI Information Service
• 2026-03-06 Price Changed $299,650 HI Information Service
• 2026-03-06 Price Changed $299,000 HI Information Service
• 2026-02-07 Price Changed $320,000 HI Information Service
• 2025-10-23 Contingent — HI Information Service
• 2025-06-13 Price Changed $339,500 HI Information Service
• 2025-04-07 Listed $349,500 HI Information Service
• 2023-06-06 Sold (MLS) $70,000 HI Information Service
• 2023-04-29 Listed $95,000 HI Information Service