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
378 KAHIKINI ST Hilo, HI Nestled in the Sunrise Ridge community of Hilo, this expansive residence blends island liv...	3 beds \| 3 baths \| 2,284 sq.ft.	$975,000	Airbnb cash on cash: 0.02% Traditional cash on cash: 2.75% Airbnb Rental Income: $2576 Traditional Rental Income: $4440 Airbnb ROI: 0.02% Traditional ROI: 2.75%
529-A WAINAKU ST Hilo, HI Discover this charming Hilo gem, ideally located just beyond downtown, nestled on the mauk...	3 beds \| 1 baths \| 1,040 sq.ft.	$485,000	Airbnb cash on cash: 2.84% Traditional cash on cash: 4.95% Airbnb Rental Income: $2576 Traditional Rental Income: $2917 Airbnb ROI: 2.84% Traditional ROI: 4.95%
297 W Puainako Street Hilo, HI Discover your dream home in the heart of Hilo town. This charming residence features 2 bed...	2 beds \| 2 baths \| 1,120 sq.ft.	$545,000	Airbnb cash on cash: 1.09% Traditional cash on cash: 4.55% Airbnb Rental Income: $2172 Traditional Rental Income: $3384 Airbnb ROI: 1.09% Traditional ROI: 4.55%
2669 KILAUEA AVE Hilo, HI Tucked away on a large, quiet flag lot, this vintage Hilo residence, built in the 1920s, o...	3 beds \| 1 baths \| 960 sq.ft.	$475,000	Airbnb cash on cash: 2.83% Traditional cash on cash: 4.88% Airbnb Rental Income: $2576 Traditional Rental Income: $2872 Airbnb ROI: 2.83% Traditional ROI: 4.88%
110 MALIA ST Hilo, HI Invest with success and buy through Auction.com. This bank-owned investment property is a ...	3 beds \| 1 baths \| 765 sq.ft.	$442,000	Airbnb cash on cash: 2.84% Traditional cash on cash: 4.36% Airbnb Rental Income: $2576 Traditional Rental Income: $2586 Airbnb ROI: 2.84% Traditional ROI: 4.36%
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.	$1,490,000	Airbnb cash on cash: 0.06% Traditional cash on cash: 0.44% Airbnb Rental Income: $2576 Traditional Rental Income: $2481 Airbnb ROI: 0.06% Traditional ROI: 0.44%
1875 KALANIANAOLE AVE unit: 311 #311 Hilo, HI Unmatched Value - Fully Renovated Home at a Truly Rare Price Welcome to your slice of para...	2 beds \| 1 baths \| 720 sq.ft.	$449,000	Airbnb cash on cash: -0.27% Traditional cash on cash: 1.24% Airbnb Rental Income: $2172 Traditional Rental Income: $2253 Airbnb ROI: -0.27% Traditional ROI: 1.24%
414-A MOHOULI ST Hilo, HI Centrally located in the heart of Hilo, this 3-bedroom, 1.5-bath home offers convenience a...	3 beds \| 2 baths \| 1,080 sq.ft.	$449,000	Airbnb cash on cash: 2.68% Traditional cash on cash: 5.53% Airbnb Rental Income: $2576 Traditional Rental Income: $3159 Airbnb ROI: 2.68% Traditional ROI: 5.53%
28 S WILIWILI ST Hilo, HI BACK ON MARKET - LIST PRICE ADJUSTED TO MOVE QUICKLY! Best Value Solar + Central AC in Hil...	3 beds \| 2 baths \| 1,260 sq.ft.	$698,000	Airbnb cash on cash: 1.63% Traditional cash on cash: 3.57% Airbnb Rental Income: $2576 Traditional Rental Income: $3220 Airbnb ROI: 1.63% Traditional ROI: 3.57%
101 Kilua Road Hilo, HI Hawaiian Home Lands in Kaumana (Hilo). This is a leasehold property purchaser must be at l...	3 beds \| 3 baths \| 1,224 sq.ft.	$400,000	Airbnb cash on cash: 3.92% Traditional cash on cash: 6.65% Airbnb Rental Income: $2576 Traditional Rental Income: $2984 Airbnb ROI: 3.92% Traditional ROI: 6.65%
1706 WAIANUENUE AVE Hilo, HI Welcome to this beautifully maintained home set on a lush, manicured lot that perfectly bl...	3 beds \| 2 baths \| 2,330 sq.ft.	$875,000	Airbnb cash on cash: 0.41% Traditional cash on cash: 3.62% Airbnb Rental Income: $2576 Traditional Rental Income: $4574 Airbnb ROI: 0.41% Traditional ROI: 3.62%
1646 ONEAWA PL Hilo, HI An updated home in an amazing location, with a full solar system and huge covered outdoor ...	3 beds \| 3 baths \| 1,344 sq.ft.	$648,000	Airbnb cash on cash: 2.03% Traditional cash on cash: 3.64% Airbnb Rental Income: $2576 Traditional Rental Income: $2932 Airbnb ROI: 2.03% Traditional ROI: 3.64%
360 KAUILA ST unit: 201 #201 Hilo, HI Welcome to this successful income producing vacation rental. This corner unit at Wainaku T...	2 beds \| 2 baths \| 706 sq.ft.	$275,000	Airbnb cash on cash: 0.72% Traditional cash on cash: 2.68% Airbnb Rental Income: $2172 Traditional Rental Income: $2130 Airbnb ROI: 0.72% Traditional ROI: 2.68%
2501 KINOOLE ST Hilo, HI Welcome home to this classic three-bedroom, one-bath residence that seamlessly blends vint...	3 beds \| 2 baths \| 1,120 sq.ft.	$540,000	Airbnb cash on cash: 2.24% Traditional cash on cash: 3.44% Airbnb Rental Income: $2576 Traditional Rental Income: $2563 Airbnb ROI: 2.24% Traditional ROI: 3.44%
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.	$555,000	Airbnb cash on cash: 4.75% Traditional cash on cash: 5.03% Airbnb Rental Income: $4269 Traditional Rental Income: $3513 Airbnb ROI: 4.75% Traditional ROI: 5.03%
1273 KUMUKOA ST Hilo, HI A classic vintage home in quiet neighborhood walking distance from UH Hilo and shopping. T...	3 beds \| 2 baths \| 1,512 sq.ft.	$589,000	Airbnb cash on cash: 1.59% Traditional cash on cash: 4.15% Airbnb Rental Income: $2576 Traditional Rental Income: $3364 Airbnb ROI: 1.59% Traditional ROI: 4.15%
322 OHAI ST unit: 16 #16 Hilo, HI Take a peek at this inviting 2 bedroom, 1 bathroom condo located in the heart of Hilo. Enj...	2 beds \| 1 baths \| 660 sq.ft.	$172,000	Airbnb cash on cash: 4.9% Traditional cash on cash: 8.31% Airbnb Rental Income: $2172 Traditional Rental Income: $2180 Airbnb ROI: 4.9% Traditional ROI: 8.31%
11-3972 Lanihuli St #3972 Hilo, HI In addition to the subject property, adjacent vacant lot available for sale, $70,000, TMK ...	2 beds \| 1 baths \| 768 sq.ft.	$343,888	Airbnb cash on cash: 3.15% Traditional cash on cash: 5.3% Airbnb Rental Income: $2172 Traditional Rental Income: $2315 Airbnb ROI: 3.15% Traditional ROI: 5.3%
1379 MELE MANU ST Hilo, HI This sleeper subdivision is a Gardeners paradise. almost 1.1 acres of botanical gardens wi...	4 beds \| 3 baths \| 1,696 sq.ft.	$859,000	Airbnb cash on cash: 2.96% Traditional cash on cash: 3.48% Airbnb Rental Income: $4269 Traditional Rental Income: $3779 Airbnb ROI: 2.96% Traditional ROI: 3.48%
879 WAIANUENUE AVE Hilo, HI This property boasts a fantastic location, just across from Carvolho Park and minutes away...	3 beds \| 3 baths \| 1,592 sq.ft.	$649,000	Airbnb cash on cash: 1.83% Traditional cash on cash: 4.59% Airbnb Rental Income: $2576 Traditional Rental Income: $3627 Airbnb ROI: 1.83% Traditional ROI: 4.59%
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: 3.14% Traditional cash on cash: 4.16% Airbnb Rental Income: $4269 Traditional Rental Income: $4034 Airbnb ROI: 3.14% 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.	$749,000	Airbnb cash on cash: 1.33% Traditional cash on cash: 4.02% Airbnb Rental Income: $2576 Traditional Rental Income: $3837 Airbnb ROI: 1.33% Traditional ROI: 4.02%
307 LEHUA ST unit: 22 #22 Hilo, HI Great opportunity to own an apartment building in walking distance to downtown Hilo where ...	N/A beds \| N/A baths \| N/A	$3,950,000	Airbnb cash on cash: -0.84% Traditional cash on cash: -0.37% Airbnb Rental Income: $1474 Traditional Rental Income: $2749 Airbnb ROI: -0.84% Traditional ROI: -0.37%
199 KEHAULANI ST unit: 3 #3 Hilo, HI Attention Investors! Exceptionally Rare Income-generating opportunity. Property offers 3 s...	4 beds \| 2 baths \| 1,720 sq.ft.	$795,000	Airbnb cash on cash: 2.55% Traditional cash on cash: 3.21% Airbnb Rental Income: $4269 Traditional Rental Income: $3861 Airbnb ROI: 2.55% Traditional ROI: 3.21%
1875 KALANIANAOLE ST unit: 504 #504 Hilo, HI Successful STVR/NUC fully licensed, 5-star rating. Stunning, 1 bedroom, ocean side unit, r...	1 beds \| 1 baths \| 516 sq.ft.	$459,000	Airbnb cash on cash: -3.13% Traditional cash on cash: -1.35% Airbnb Rental Income: $1665 Traditional Rental Income: $1963 Airbnb ROI: -3.13% Traditional ROI: -1.35%
49 KUHILANI ST Hilo, HI This is a wonderful opportunity to own a large family home that is conveniently located ab...	7 beds \| 4 baths \| 2,640 sq.ft.	$739,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.96% Airbnb Rental Income: $null Traditional Rental Income: $5546 Airbnb ROI: N/A Traditional ROI: 5.96%
50 MAILE ST unit: A3 #A3 Hilo, HI Welcome home to this updated 1-bedroom, 1-bath ground-floor condo in the heart of Hilo off...	1 beds \| 1 baths \| 448 sq.ft.	$237,000	Airbnb cash on cash: 2.97% Traditional cash on cash: 5.78% Airbnb Rental Income: $1665 Traditional Rental Income: $1827 Airbnb ROI: 2.97% Traditional ROI: 5.78%
101 AUPUNI Street unit: 521 #521 Hilo, HI Price Adjusted to $395K FS with a $10K Credit at Closing! Welcome to your newly updated 2/...	2 beds \| 2 baths \| 968 sq.ft.	$395,000	Airbnb cash on cash: 1.73% Traditional cash on cash: 6.06% Airbnb Rental Income: $2172 Traditional Rental Income: $3225 Airbnb ROI: 1.73% Traditional ROI: 6.06%
236 Lyman Avenue Hilo, HI Located in the heart of Keaukaha, this Hawaiian Homestead property is truly a hidden gem. ...	3 beds \| 2 baths \| 1,043 sq.ft.	$260,000	Airbnb cash on cash: 5.7% Traditional cash on cash: 11.13% Airbnb Rental Income: $2576 Traditional Rental Income: $3291 Airbnb ROI: 5.7% Traditional ROI: 11.13%
14 PUU HINA ST Hilo, HI This is A MUST-SEE spacious classic Hilo home in a prime location! With approximately 3,00...	4 beds \| 3 baths \| 1,416 sq.ft.	$595,000	Airbnb cash on cash: 4.54% Traditional cash on cash: 5.42% Airbnb Rental Income: $4269 Traditional Rental Income: $3853 Airbnb ROI: 4.54% Traditional ROI: 5.42%
54 DERBY LN Hilo, HI This charming Hilo residence stands proudly in the heart of town, quietly nestled near the...	3 beds \| 1 baths \| 880 sq.ft.	$435,000	Airbnb cash on cash: 3.24% Traditional cash on cash: 4.94% Airbnb Rental Income: $2576 Traditional Rental Income: $2654 Airbnb ROI: 3.24% Traditional ROI: 4.94%
647 KAUHIULA RD Hilo, HI Luxurious home with almost five acres, located three miles from Hilo town. As you enter th...	4 beds \| 3 baths \| 3,104 sq.ft.	$2,150,000	Airbnb cash on cash: 0.13% Traditional cash on cash: 1.08% Airbnb Rental Income: $4269 Traditional Rental Income: $5251 Airbnb ROI: 0.13% Traditional ROI: 1.08%
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.	$609,000	Airbnb cash on cash: 1.64% Traditional cash on cash: 4.21% Airbnb Rental Income: $2576 Traditional Rental Income: $3420 Airbnb ROI: 1.64% Traditional ROI: 4.21%
719 LAUKAPU ST Hilo, HI Step back into the charm of Old Hawai'i with this spacious 6BR/2BA home in the heart of Hi...	4 beds \| 1 baths \| 1,881 sq.ft.	$599,000	Airbnb cash on cash: 4.82% Traditional cash on cash: 4.9% Airbnb Rental Income: $4269 Traditional Rental Income: $3412 Airbnb ROI: 4.82% Traditional ROI: 4.9%
485 WAIANUENUE AVE unit: 241 #241 Hilo, HI Welcome to your new home at Hilo Terrace - a cozy 2-bedroom, 1-bath condo located. Perched...	2 beds \| 1 baths \| 695 sq.ft.	$169,999	Airbnb cash on cash: 7.4% Traditional cash on cash: 11.21% Airbnb Rental Income: $2172 Traditional Rental Income: $2239 Airbnb ROI: 7.4% Traditional ROI: 11.21%
1875 KALANIANAOLE ST unit: 108 #108 Hilo, HI Watch whales from your lanai, stroll to tide pools with honu, or dine across the street at...	2 beds \| 1 baths \| 720 sq.ft.	$420,000	Airbnb cash on cash: 1.93% Traditional cash on cash: 3.7% Airbnb Rental Income: $2172 Traditional Rental Income: $2316 Airbnb ROI: 1.93% Traditional ROI: 3.7%
18-4565 Makaala Street Hilo, HI Experience Ultimate Off-Grid Luxury on 5 Acres of Fully Fenced Prestigious Parcel in Glenw...	3 beds \| 3 baths \| 1,904 sq.ft.	$890,000	Airbnb cash on cash: 0.99% Traditional cash on cash: 3.92% Airbnb Rental Income: $2576 Traditional Rental Income: $4389 Airbnb ROI: 0.99% Traditional ROI: 3.92%
360 KAUILA ST unit: 112 #112 Hilo, HI STVR license in place. For walking accessibility to restaurants, library, P.O, and bayfron...	2 beds \| 2 baths \| 806 sq.ft.	$277,000	Airbnb cash on cash: 3.94% Traditional cash on cash: 7.99% Airbnb Rental Income: $2172 Traditional Rental Income: $2679 Airbnb ROI: 3.94% Traditional ROI: 7.99%
698 KUKUAU STREET Hilo, HI Welcome to your new home in Sunrise Ridge! This brand-new build was crafted with care and ...	3 beds \| 3 baths \| 1,713 sq.ft.	$1,300,000	Airbnb cash on cash: 0.34% Traditional cash on cash: 1.91% Airbnb Rental Income: $2576 Traditional Rental Income: $3856 Airbnb ROI: 0.34% Traditional ROI: 1.91%
400 HUALANI ST unit: 1106 #1106 Hilo, HI Welcome to Waiakea Villas, where tropical living meets modern comfort in the heart of Hilo...	1 beds \| 1 baths \| 575 sq.ft.	$250,000	Airbnb cash on cash: 2.71% Traditional cash on cash: 5.99% Airbnb Rental Income: $1665 Traditional Rental Income: $1974 Airbnb ROI: 2.71% Traditional ROI: 5.99%

Real Estate investment in Hilo, HI

There are 67 properties for sale in the city of Hilo . The median list price in Hilo is $550,000 and the average price per square foot is $405. In February 2026, the average monthly cash on cash return in Hilo is 5.00%. The average monthly rental income in Hilo is $3,177.

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

There are 67 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 $3,177.

Your search for investment property begins and ends here

Investment Property for Sale in Hilo, HI

378 KAHIKINI ST

Hilo, HI

3 beds | 3 baths | 2,284 sq.ft.

$975,000

Airbnb cash on cash: 0.02%

Traditional cash on cash: 2.75%

Airbnb Rental Income: $2576

Traditional Rental Income: $4440

Airbnb ROI: 0.02%

Traditional ROI: 2.75%

529-A WAINAKU ST

Hilo, HI

3 beds | 1 baths | 1,040 sq.ft.

$485,000

Airbnb cash on cash: 2.84%

Traditional cash on cash: 4.95%

Airbnb Rental Income: $2576

Traditional Rental Income: $2917

Airbnb ROI: 2.84%

Traditional ROI: 4.95%

297 W Puainako Street

Hilo, HI

2 beds | 2 baths | 1,120 sq.ft.

$545,000

Airbnb cash on cash: 1.09%

Traditional cash on cash: 4.55%

Airbnb Rental Income: $2172

Traditional Rental Income: $3384

Airbnb ROI: 1.09%

Traditional ROI: 4.55%

2669 KILAUEA AVE

Hilo, HI

3 beds | 1 baths | 960 sq.ft.

$475,000

Airbnb cash on cash: 2.83%

Traditional cash on cash: 4.88%

Airbnb Rental Income: $2576

Traditional Rental Income: $2872

Airbnb ROI: 2.83%

Traditional ROI: 4.88%

110 MALIA ST

Hilo, HI

3 beds | 1 baths | 765 sq.ft.

$442,000

Airbnb cash on cash: 2.84%

Traditional cash on cash: 4.36%

Airbnb Rental Income: $2576

Traditional Rental Income: $2586

Airbnb ROI: 2.84%

Traditional ROI: 4.36%

2048 KALANIANAOLE ST

Hilo, HI

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

$1,490,000

Airbnb cash on cash: 0.06%

Traditional cash on cash: 0.44%

Airbnb Rental Income: $2576

Traditional Rental Income: $2481

Airbnb ROI: 0.06%

Traditional ROI: 0.44%

1875 KALANIANAOLE AVE unit: 311 #311

Hilo, HI

2 beds | 1 baths | 720 sq.ft.

$449,000

Airbnb cash on cash: -0.27%

Traditional cash on cash: 1.24%

Airbnb Rental Income: $2172

Traditional Rental Income: $2253

Airbnb ROI: -0.27%

Traditional ROI: 1.24%

414-A MOHOULI ST

Hilo, HI

3 beds | 2 baths | 1,080 sq.ft.

$449,000

Airbnb cash on cash: 2.68%

Traditional cash on cash: 5.53%

Airbnb Rental Income: $2576

Traditional Rental Income: $3159

Airbnb ROI: 2.68%