Real Estate Investment Properties for Sale in Hilo, HI

Looking for investment property in Hilo, HI with high ROI ?

Explore a variety of short-term homes & houses in Hilo, HI. Invest wisely with VRBO & Hilo, HI Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Hilo, HI

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1565 KINOOLE ST Hilo, HI Welcome to this 5 bedroom charming Hilo home on Kinoole Street, offering timeless characte...	5 beds \| 2 baths \| 2,176 sq.ft.	$794,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.87% Airbnb Rental Income: $null Traditional Rental Income: $4640 Airbnb ROI: N/A Traditional ROI: 4.87%
84 PUKIHAE ST #1305 Hilo, HI Wake up to breathtaking views of Hilo Bay from this beautifully remodeled residence at hig...	1 beds \| 2 baths \| 1,053 sq.ft.	$450,000	Airbnb cash on cash: -1.76% Traditional cash on cash: -2.3% Airbnb Rental Income: $1568 Traditional Rental Income: $893 Airbnb ROI: -1.76% Traditional ROI: -2.3%
42 WAINAKU ST #210 Hilo, HI Condo with second living space with it's own private entrance. Unique, spacious, and conve...	3 beds \| 2 baths \| 1,853 sq.ft.	$495,000	Airbnb cash on cash: 1.68% Traditional cash on cash: 5.56% Airbnb Rental Income: $3105 Traditional Rental Income: $4194 Airbnb ROI: 1.68% Traditional ROI: 5.56%
84 PUKIHAE ST #1206 Hilo, HI With jawdropping views this renovated oceanfront condo offers the ultimate island retreat!...	2 beds \| 2 baths \| 984 sq.ft.	$325,000	Airbnb cash on cash: -0.88% Traditional cash on cash: 1.22% Airbnb Rental Income: $2096 Traditional Rental Income: $2200 Airbnb ROI: -0.88% Traditional ROI: 1.22%
360 KAUILA ST #312 Hilo, HI Turnkey Investment Opportunity in Hilo: Active, Fully Furnished Vacation Rental! Maximize ...	2 beds \| 2 baths \| 706 sq.ft.	$250,000	Airbnb cash on cash: 1.9% Traditional cash on cash: 5.61% Airbnb Rental Income: $2096 Traditional Rental Income: $2436 Airbnb ROI: 1.9% Traditional ROI: 5.61%
467 LANIKUKIA PL Hilo, HI Conveniently located, near shopping, town and medical facilities nestled in a private driv...	3 beds \| 3 baths \| 1,056 sq.ft.	$575,000	Airbnb cash on cash: 2.59% Traditional cash on cash: 3.57% Airbnb Rental Income: $3105 Traditional Rental Income: $2926 Airbnb ROI: 2.59% Traditional ROI: 3.57%
2048 KALANIANAOLE ST Hilo, HI Welcome to your very own Hawaiian oasis in the heart of Keaukaha! This rarely available ge...	3 beds \| 1 baths \| 1,212 sq.ft.	$1,188,888	Airbnb cash on cash: 0.73% Traditional cash on cash: 0.8% Airbnb Rental Income: $3105 Traditional Rental Income: $2481 Airbnb ROI: 0.73% Traditional ROI: 0.8%
2098 KINOOLE ST Hilo, HI Charming & Fully Updated Hilo Home with Unmatched Convenience! Welcome to this refreshed a...	3 beds \| 2 baths \| 792 sq.ft.	$495,000	Airbnb cash on cash: 3.14% Traditional cash on cash: 2.83% Airbnb Rental Income: $3105 Traditional Rental Income: $2256 Airbnb ROI: 3.14% Traditional ROI: 2.83%
360 KAUILA ST #201 Hilo, HI Experience the charm of Hilo from this beautiful passive income vacation rental, turnkey c...	2 beds \| 2 baths \| 706 sq.ft.	$275,000	Airbnb cash on cash: 0.47% Traditional cash on cash: 2.68% Airbnb Rental Income: $2096 Traditional Rental Income: $2130 Airbnb ROI: 0.47% Traditional ROI: 2.68%
2114 KAUMANA DR Hilo, HI Spacious charming home that has been recently renovated that comes with 4 bedrooms and 3 b...	4 beds \| 3 baths \| 1,116 sq.ft.	$535,000	Airbnb cash on cash: 4.87% Traditional cash on cash: 5.25% Airbnb Rental Income: $4214 Traditional Rental Income: $3513 Airbnb ROI: 4.87% Traditional ROI: 5.25%
25-66 HANA ST Hilo, HI Welcome to this charming 3-bedroom, 2-bath home in desirable Kaumana City! Start your morn...	3 beds \| 2 baths \| 1,532 sq.ft.	$560,000	Airbnb cash on cash: 3.39% Traditional cash on cash: 4.33% Airbnb Rental Income: $3105 Traditional Rental Income: $2889 Airbnb ROI: 3.39% Traditional ROI: 4.33%
1184 LAUNA ST Hilo, HI Welcome home to this spacious 5-bedroom, 3-bath residence in Hilo's desirable Kawailani su...	3 beds \| 3 baths \| 1,728 sq.ft.	$799,000	Airbnb cash on cash: 1.23% Traditional cash on cash: 1.99% Airbnb Rental Income: $3105 Traditional Rental Income: $2969 Airbnb ROI: 1.23% Traditional ROI: 1.99%
2133 KINOOLE ST Hilo, HI Opportunity meets versatility in this centrally located Hilo property just off of Kinoole ...	6 beds \| 2 baths \| 2,060 sq.ft.	$535,000	Airbnb cash on cash: 2.6% Traditional cash on cash: 1.71% Airbnb Rental Income: $3105 Traditional Rental Income: $1952 Airbnb ROI: 2.6% Traditional ROI: 1.71%
7 LUANA WAY Hilo, HI Conveniently located in a central Hilo location, approximately 1 mile from E B deSilva sch...	4 beds \| 2 baths \| 1,792 sq.ft.	$700,000	Airbnb cash on cash: 3.07% Traditional cash on cash: 4.16% Airbnb Rental Income: $4214 Traditional Rental Income: $4034 Airbnb ROI: 3.07% Traditional ROI: 4.16%
25-35 UA NAHELE ST Hilo, HI Surrounded by mature island landscaping and custom rockwork, this Kaumana City home blends...	3 beds \| 2 baths \| 1,896 sq.ft.	$675,000	Airbnb cash on cash: 2.28% Traditional cash on cash: 4.56% Airbnb Rental Income: $3105 Traditional Rental Income: $3837 Airbnb ROI: 2.28% Traditional ROI: 4.56%
137 KUAKOLU PL Hilo, HI Set in the cooler elevations above Hilo, this updated 4-bedroom residence is located in th...	4 beds \| 2 baths \| 1,688 sq.ft.	$599,000	Airbnb cash on cash: 4.68% Traditional cash on cash: 4.76% Airbnb Rental Income: $4214 Traditional Rental Income: $3366 Airbnb ROI: 4.68% Traditional ROI: 4.76%
647 KAUHIULA RD Hilo, HI Experience refined island living at this exceptional Wainaku Farms estate, where luxury, p...	4 beds \| 3 baths \| 3,104 sq.ft.	$2,200,000	Airbnb cash on cash: 0.08% Traditional cash on cash: 1.03% Airbnb Rental Income: $4214 Traditional Rental Income: $5251 Airbnb ROI: 0.08% Traditional ROI: 1.03%
390 MOHOULI ST Hilo, HI Classic style home built in the 1950's that is in immaculate condition. Original windows a...	3 beds \| 2 baths \| 1,378 sq.ft.	$597,500	Airbnb cash on cash: 2.48% Traditional cash on cash: 4.31% Airbnb Rental Income: $3105 Traditional Rental Income: $3420 Airbnb ROI: 2.48% Traditional ROI: 4.31%
203 TODD AVE Hilo, HI This is a leasehold property. Keaukaha Hawaiian Homes-Renovated 5 bedroom, 2 baths, large ...	3 beds \| 2 baths \| 2,011 sq.ft.	$425,000	Airbnb cash on cash: 4.74% Traditional cash on cash: 9.72% Airbnb Rental Income: $3105 Traditional Rental Income: $4383 Airbnb ROI: 4.74% Traditional ROI: 9.72%
111 ALAWAENA PL Hilo, HI Experience the beauty and tranquility of an island living on approximately 3 acres in the ...	3 beds \| 2 baths \| 1,864 sq.ft.	$799,900	Airbnb cash on cash: 1.7% Traditional cash on cash: 3.9% Airbnb Rental Income: $3105 Traditional Rental Income: $4038 Airbnb ROI: 1.7% Traditional ROI: 3.9%
347 NOHEA ST Hilo, HI Spacious Mid-Century Home on Over 1/2 Acre with ADU Potential in Hilo! Welcome to 347 Nohe...	4 beds \| 2 baths \| 1,904 sq.ft.	$675,000	Airbnb cash on cash: 3.24% Traditional cash on cash: 4.91% Airbnb Rental Income: $4214 Traditional Rental Income: $4369 Airbnb ROI: 3.24% Traditional ROI: 4.91%
272 KAPIOLANI VILLA #304 Hilo, HI 3rd floor unit now available. This is the top floor of the complex. Providing 2-bedroom 1 ...	2 beds \| 1 baths \| 614 sq.ft.	$260,000	Airbnb cash on cash: 4.24% Traditional cash on cash: 6.7% Airbnb Rental Income: $2096 Traditional Rental Income: $2160 Airbnb ROI: 4.24% Traditional ROI: 6.7%
568 KALANIKOA ST #2 Hilo, HI Opportunity awaits! Two homes on larger lot in Waiakea Houselots. Both homes need some TLC...	4 beds \| 4 baths \| 1,835 sq.ft.	$695,000	Airbnb cash on cash: 3.95% Traditional cash on cash: 6.11% Airbnb Rental Income: $4214 Traditional Rental Income: $4725 Airbnb ROI: 3.95% Traditional ROI: 6.11%
485 WAIANUENUE AVE #142 Hilo, HI Featuring 2-bedrooms, 1-bathroom, multiple closet spaces, full kitchen, and living room se...	2 beds \| 1 baths \| 695 sq.ft.	$219,500	Airbnb cash on cash: 5.64% Traditional cash on cash: 8.48% Airbnb Rental Income: $2096 Traditional Rental Income: $2148 Airbnb ROI: 5.64% Traditional ROI: 8.48%
77 TERRACE DR Hilo, HI STUNNING MULTI-GENERATIONAL LIVING IN THE HEART OF HILO. Discover the perfect blend of cla...	4 beds \| 4 baths \| 2,966 sq.ft.	$875,000	Airbnb cash on cash: 2.79% Traditional cash on cash: 6.93% Airbnb Rental Income: $4214 Traditional Rental Income: $6699 Airbnb ROI: 2.79% Traditional ROI: 6.93%
99 ELM DR Hilo, HI Offered here is a custom home designed for comfortable `ohana living at its best. This mov...	5 beds \| 3 baths \| 2,304 sq.ft.	$798,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.6% Airbnb Rental Income: $null Traditional Rental Income: $4405 Airbnb ROI: N/A Traditional ROI: 4.6%
334 LEHUA ST Hilo, HI Classic Hawaiian home built in the 1940's. High ceilings with it's original windows. 3 bed...	3 beds \| 1 baths \| 1,769 sq.ft.	$379,500	Airbnb cash on cash: 5.01% Traditional cash on cash: 6.94% Airbnb Rental Income: $3105 Traditional Rental Income: $3087 Airbnb ROI: 5.01% Traditional ROI: 6.94%
314 OLU ST Hilo, HI Experience the unbeatable convenience of this centrally located Hilo home, close to school...	3 beds \| 3 baths \| 1,473 sq.ft.	$590,000	Airbnb cash on cash: 2.87% Traditional cash on cash: 4.75% Airbnb Rental Income: $3105 Traditional Rental Income: $3433 Airbnb ROI: 2.87% Traditional ROI: 4.75%
91 HOOMALU ST Hilo, HI Discover the perfect blend of comfort, flexibility, and energy efficiency in this spacious...	4 beds \| 3 baths \| 1,876 sq.ft.	$748,000	Airbnb cash on cash: 2.77% Traditional cash on cash: 6.75% Airbnb Rental Income: $4214 Traditional Rental Income: $6098 Airbnb ROI: 2.77% Traditional ROI: 6.75%
1055 KIKAU PL Hilo, HI Drastic Price Reduction!! Discover refined island living in the prestigious Pacific He...	2 beds \| 3 baths \| 3,104 sq.ft.	$1,200,000	Airbnb cash on cash: -0.85% Traditional cash on cash: 1.62% Airbnb Rental Income: $2096 Traditional Rental Income: $4314 Airbnb ROI: -0.85% Traditional ROI: 1.62%
849 MANONO ST Hilo, HI Welcome to your private slice of Hilo living on desirable Manono Street-where comfort, fle...	4 beds \| 3 baths \| 1,624 sq.ft.	$849,000	Airbnb cash on cash: 2.78% Traditional cash on cash: 3.33% Airbnb Rental Income: $4214 Traditional Rental Income: $3752 Airbnb ROI: 2.78% Traditional ROI: 3.33%
485 WAIANUENUE AVE #113 Hilo, HI Location, location, location. This charming 2-bedroom, 1-bathroom Hilo Terrace Condominium...	2 beds \| 1 baths \| 695 sq.ft.	$199,000	Airbnb cash on cash: 6.46% Traditional cash on cash: 9.72% Airbnb Rental Income: $2096 Traditional Rental Income: $2173 Airbnb ROI: 6.46% Traditional ROI: 9.72%
91 KAMALII ST Hilo, HI New construction with sophisticated modern finishes and a soft color palette that is both ...	4 beds \| 3 baths \| 2,112 sq.ft.	$925,000	Airbnb cash on cash: 1.7% Traditional cash on cash: 3.05% Airbnb Rental Income: $4214 Traditional Rental Income: $4487 Airbnb ROI: 1.7% Traditional ROI: 3.05%
1360 KAUMANA DR Hilo, HI Two renovated residences on a cleared and improved 0.70-acre lot in Kaumana, offering flex...	6 beds \| 3 baths \| 2,828 sq.ft.	$830,000	Airbnb cash on cash: 2.56% Traditional cash on cash: 1.44% Airbnb Rental Income: $4214 Traditional Rental Income: $2459 Airbnb ROI: 2.56% Traditional ROI: 1.44%
744-A WAINAKU ST #2 s Hilo, HI This property was remodeled in 2025 and features two separate units of approximately 1,800...	5 beds \| 3 baths \| 3,630 sq.ft.	$700,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.07% Airbnb Rental Income: $null Traditional Rental Income: $5468 Airbnb ROI: N/A Traditional ROI: 6.07%
1204 KIHONUA PL Hilo, HI Welcome home to a 3 bedroom, 3 bathroom house with sweeping ocean views throughout the pro...	3 beds \| 3 baths \| 1,540 sq.ft.	$749,000	Airbnb cash on cash: 2.15% Traditional cash on cash: 3.79% Airbnb Rental Income: $3105 Traditional Rental Income: $3547 Airbnb ROI: 2.15% Traditional ROI: 3.79%

Real Estate investment in Hilo, HI

There are 73 properties for sale in the city of Hilo . The median list price in Hilo is $478,772 and the average price per square foot is $280. In November 2026, the average monthly cash on cash return in Hilo is 5.00%. The average monthly rental income in Hilo is $3,317.

Hilo, HI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 73 investment properties available for sale in Hilo.

In 2026, the best neighborhood to buy investment property is Hilo.

The ROI for Long-Term is higher than the Short-Term in Hilo with average rental income of $3,317.

Your search for investment property begins and ends here

Investment Property for Sale in Hilo, HI

1565 KINOOLE ST

Hilo, HI

5 beds | 2 baths | 2,176 sq.ft.

$794,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.87%

Airbnb Rental Income: $null

Traditional Rental Income: $4640

Airbnb ROI: N/A

Traditional ROI: 4.87%

84 PUKIHAE ST #1305

Hilo, HI

1 beds | 2 baths | 1,053 sq.ft.

$450,000

Airbnb cash on cash: -1.76%

Traditional cash on cash: -2.3%

Airbnb Rental Income: $1568

Traditional Rental Income: $893

Airbnb ROI: -1.76%

Traditional ROI: -2.3%

42 WAINAKU ST #210

Hilo, HI

3 beds | 2 baths | 1,853 sq.ft.

$495,000

Airbnb cash on cash: 1.68%

Traditional cash on cash: 5.56%

Airbnb Rental Income: $3105

Traditional Rental Income: $4194

Airbnb ROI: 1.68%

Traditional ROI: 5.56%

84 PUKIHAE ST #1206

Hilo, HI

2 beds | 2 baths | 984 sq.ft.

$325,000

Airbnb cash on cash: -0.88%

Traditional cash on cash: 1.22%

Airbnb Rental Income: $2096

Traditional Rental Income: $2200

Airbnb ROI: -0.88%

Traditional ROI: 1.22%

360 KAUILA ST #312

Hilo, HI

2 beds | 2 baths | 706 sq.ft.

$250,000

Airbnb cash on cash: 1.9%

Traditional cash on cash: 5.61%

Airbnb Rental Income: $2096

Traditional Rental Income: $2436

Airbnb ROI: 1.9%

Traditional ROI: 5.61%

467 LANIKUKIA PL

Hilo, HI

3 beds | 3 baths | 1,056 sq.ft.

$575,000

Airbnb cash on cash: 2.59%

Traditional cash on cash: 3.57%

Airbnb Rental Income: $3105

Traditional Rental Income: $2926

Airbnb ROI: 2.59%

Traditional ROI: 3.57%

2048 KALANIANAOLE ST

Hilo, HI

3 beds | 1 baths | 1,212 sq.ft.

$1,188,888

Airbnb cash on cash: 0.73%

Traditional cash on cash: 0.8%

Airbnb Rental Income: $3105

Traditional Rental Income: $2481

Airbnb ROI: 0.73%

Traditional ROI: 0.8%

2098 KINOOLE ST

Hilo, HI

3 beds | 2 baths | 792 sq.ft.

$495,000

Airbnb cash on cash: 3.14%

Traditional cash on cash: 2.83%

Airbnb Rental Income: $3105

Traditional Rental Income: $2256

Airbnb ROI: 3.14%