FOR_SALEExcellent Deal132 days on market

37 Mehau Ln

37 Mehau Ln, Hilo, HI 96720, Hilo, HI 96720
$299,000
Zestimate®:$371,100$72,100 Under Market

Listing Price

Property image 1
37 Mehau Ln, Hilo, HI 96720
Loc: Hilo, HI
Days Listed
132
Tax Assessed
$224k
Zestimate®
$371k
19% Under Valued
Lot Size
4,295 sqft
Rent Estimate
$2,488/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

5

Chiefess Kapiolani Elementary School

PK-6
0.2 mi away
8

Hilo Intermediate School

7-8
1 mi away
6

Hilo High School

9-12
1.1 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
7.35%
Total ROI
26.4%
Cash Flow
$320/mo
DSCR
1.21
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-08-29Price change$299,000$241
2026-04-30Price change$340,000$274
2025-11-08Listed for sale$375,000$302
2004-01-30Sold$140,000$113

Tax History

YearProperty TaxTax Assessment
2025$323.09$224,100
2024$292.15$217,600
2023$362.85$211,300
2022$394.22$205,100
2021$364.7$199,100
2020$335.8$193,300
2019$308.74$187,700
2018$255.23$182,200
2017$230.01$176,900
2016$102.68$171,700
2015$102.68$166,700
2014$102.68$161,800
2013$0$157,100
2012$0$152,500
2011$0$148,100
2010$0$143,800
2009$0$139,600
2008$0$135,500
2007$0$131,600
2006$0$127,800
2005$0$124,100
2003$0$107,000
2002$273.68$62,900
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
3
Sq Ft
1,240
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $299,000Rent Basis: Observed Comp Model ($2,488/mo)State Tax Benchmark: 0.28% (HI)Hazard Reserve: $100/mo
Haven ScoreGood
6/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
7.08%

NOI: $21,162/yr

Cash-on-Cash Yield
3.7%

On $68,770 invested

DSCR Ratio
1.14x

Tight qualification

5-Yr Leveraged ROI
+112.7%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.28% of basis)-$52/mo
Homeowner / Hazard Insurance-$100/mo
Vacancy Reserve (5% of rent)-$124/mo
Repairs & Maintenance (10% of rent)-$249/mo
Property Management (8% of rent)-$199/mo
Total Pure Operating Expenses-$725/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,488/mo
Less: Operating Expenses-$725/mo
Net Operating Income (NOI)+$1,763/mo
Less: Debt Service (30yr @ 6.75%)-$1,551/mo
Net Cash Flow
$212/mo
$2,544/year
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