Top 10 Cash Flow Properties in Kailua, HI
Last updated July 05, 2026
This leaderboard ranks the 10 strongest cash-flow opportunities available in Kailua, HI as of July 4, 2026. Kailua isn't a market where positive cash flow falls into your lap, the average cash-on-cash return across tracked listings sits at 0.0%, so these 10 deals represent the best of what's available, not a guarantee of easy income. What draws investors here is the combination of rental demand from one of Hawaii's most desirable coastal communities and a projected annual appreciation rate of 3.8%, which adds a meaningful second layer of return on top of whatever cash flow you can capture.
Deals are ranked by cash-on-cash return calculated assuming a 20% down payment financed at the current 30-year fixed mortgage rate of 6.43%. Rent estimates come from automated valuation models or comparable rental analysis for each property type and location. All figures incorporate ownership costs including insurance and property taxes. Depreciation tax benefits are excluded because they vary by individual tax situation.
| Rank | Address | Property | List Price | Est. Rent | Payment | CoC |
|---|---|---|---|---|---|---|
| 1 | 2947 Kalakaua Ave APT 302, Honolulu, HI 96815 | 1 ba · 373 sqft | $175,000 | $2,638 | $1,830 | 27.7% |
| Highest cash-on-cash in zip 96815, 27.7% vs. 12.4% zip average. Full analysis → | ||||||
| 2 | 1909 Ala Wai Blvd APT 1003, Honolulu, HI 96815 | 1 bd · 1 ba · 513 sqft | $185,000 | $2,577 | $1,724 | 27.7% |
| Highest cash-on-cash in zip 96815, 27.7% vs. 12.4% zip average. Full analysis → | ||||||
| 3 | 400 Hobron Ln APT 1705, Honolulu, HI 96815 | 1 bd · 1 ba · 681 sqft | $210,000 | $3,173 | $2,366 | 23.1% |
| Highest cash-on-cash in zip 96815, 23.1% vs. 12.4% zip average. Full analysis → | ||||||
| 4 | 1850 Ala Moana Blvd #218, Honolulu, HI 96815 | 1 ba · 312 sqft | $197,000 | $2,604 | $1,910 | 21.1% |
| Highest cash-on-cash in zip 96815, 21.1% vs. 12.4% zip average. Full analysis → | ||||||
| 5 | 41-160 Huli St, Waimanalo, HI 96795 | 3 bd · 1 ba · 924 sqft | $380,000 | $3,351 | $2,114 | 19.5% |
| Rent covers 1.6× the monthly payment, an unusual margin in this market. Full analysis → | ||||||
| 6 | 1860 Ala Moana Blvd APT 1001, Honolulu, HI 96815 | 2 bd · 2 ba · 1,171 sqft | $265,000 | $4,120 | $3,338 | 17.7% |
| Highest cash-on-cash in zip 96815, 17.7% vs. 12.4% zip average. Full analysis → | ||||||
| 7 | 1860 Ala Moana Blvd APT 1509, Honolulu, HI 96815 | 2 bd · 2 ba · 1,180 sqft | $269,000 | $4,145 | $3,393 | 16.8% |
| Highest cash-on-cash in zip 96815, 16.8% vs. 12.4% zip average. Full analysis → | ||||||
| 8 | 2452 Tusitala St APT 1510, Honolulu, HI 96815 | 2 bd · 2 ba · 743 sqft | $199,900 | $3,123 | $2,579 | 16.3% |
| Highest cash-on-cash in zip 96815, 16.3% vs. 12.4% zip average. Full analysis → | ||||||
| 9 | 2509 Ala Wai Blvd APT 902, Honolulu, HI 96815 | 1 ba · 185 sqft | $194,900 | $2,126 | $1,617 | 15.7% |
| Highest cash-on-cash in zip 96815, 15.7% vs. 12.4% zip average. Full analysis → | ||||||
| 10 | 1909 Ala Wai Blvd APT 1308, Honolulu, HI 96815 | 2 bd · 1 ba · 674 sqft | $263,999 | $2,929 | $2,281 | 14.7% |
| Highest cash-on-cash in zip 96815, 14.7% vs. 12.4% zip average. Full analysis → | ||||||
For Kailua realtors
These are the current top cash-flow rental opportunities in Kailua, ranked by cash-on-cash return. Want to be notified when new deals hit the list? Get in touch.