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Market MapHilo, HI
Metropolitan Area

Hilo, HI

Hawaii0
47
/100
Hold
#766 of 894 metros
Top 86% nationally for investing

Market Snapshot

$571,308
Median Home Price
124% above national median
$2,954/mo
Median Rent
113% above national median
6.21%
Rent-to-Price Ratio
Top 42% nationally
-$1,075
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$571,308
Down Payment (20%)$114,262
Loan Amount$457,046
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$2,954
Monthly P&I-$2,995
Est. Expenses (35%)-$1,034
Net Cash Flow-$1,075/mo
4.0%
Cap Rate (all cash)
-9.8%
Cash-on-Cash Return
6.21%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 4.0% cap rate. All-cash buyers may see better returns.

* Based on metro-wide median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Individual counties and properties vary significantly.

Run Full AnalysisTry House Hack Strategy

Score Breakdown

Overall Investment Score
47/100
47
Cash Flow(30%)
62/100

Based on 6.21% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
50/100

Based on 0.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Based on 0.0% population growth. Growing areas indicate economic stability.

Affordability(20%)
19/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.

Investment Outlook

Strengths

  • +Low unemployment (0.0%)

Challenges

  • -Negative cash flow at typical financing (-$1,075/mo)
  • -Negative leverage (cap rate 4.0% < mortgage rate 6.9%)
  • -High price-to-income ratio makes financing challenging

Counties in Hilo, HI

County data is being compiled for this metro area.

Compare to Similar Metros

Metro AreaVerdict
Dublin, GA
Dublin, GA
67$173,576$1,0427.20%BuyView
Nacogdoches, TX
Nacogdoches, TX
67$224,697$1,1456.12%BuyView
Sandusky, OH
Sandusky, OH
67$238,887$1,5327.69%BuyView
Greenwood, SC
Greenwood, SC
67$178,133$1,2528.43%BuyView
Starkville, MS
Starkville, MS
67$256,680$1,6367.65%BuyView
Current
Hilo, HI
47$571,308$2,9546.21%Hold

The Bottom Line

HoldHilo, HI is a neutral market. Consider house hacking or targeting below-market deals in specific counties.

The Hilo, HI metro area scores 47/100, ranking #766 of 894 US metros (top 86%). The 6.21% rent-to-price ratio indicates moderate cash flow potential. Current metro-wide averages make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or drilling down to specific counties.

Monthly Cash Flow
$-1,075/mo
Cap Rate
4.0%
Cash-on-Cash
-11.3%

Ready to Invest in Hilo, HI?

Use our investment calculators to run detailed numbers on specific properties, or explore individual counties for more targeted opportunities.

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