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
400 HUALANI ST #4226 Hilo, HI Recently refreshed with fresh paint, New refrigerator, and updated bathroom fixtures. This...	1 beds \| 1 baths \| 519 sq.ft.	$195,000	Airbnb cash on cash: -1.78% Traditional cash on cash: 3.03% Airbnb Rental Income: $1388 Traditional Rental Income: $1859 Airbnb ROI: -1.78% Traditional ROI: 3.03%
346 LEHUA ST Hilo, HI Rare income-producing duplex walking distance to Downtown Hilo. Two spacious 2-bedroom, 1-...	4 beds \| 2 baths \| 1,664 sq.ft.	$610,000	Airbnb cash on cash: 2.36% Traditional cash on cash: 5.05% Airbnb Rental Income: $2937 Traditional Rental Income: $3786 Airbnb ROI: 2.36% Traditional ROI: 5.05%
84 PUKIHAE ST #406 Hilo, HI Check out this great 2 bedroom, 2 bathroom condo where each bedroom has its own bathroom! ...	2 beds \| 2 baths \| 984 sq.ft.	$349,900	Airbnb cash on cash: 0.59% Traditional cash on cash: 4.9% Airbnb Rental Income: $2220 Traditional Rental Income: $3077 Airbnb ROI: 0.59% Traditional ROI: 4.9%
1673 KAUMANA DR Hilo, HI Discover the perfect blend of modern style and functionality in this stunning 2020-built h...	3 beds \| 2 baths \| 1,830 sq.ft.	$780,000	Airbnb cash on cash: 1.68% Traditional cash on cash: 4.07% Airbnb Rental Income: $2937 Traditional Rental Income: $3992 Airbnb ROI: 1.68% Traditional ROI: 4.07%
98 KAIWIKI RD Hilo, HI Perched in a lush rainforest, this turn key Hilo home boasts custom floor-to-ceiling windo...	1 beds \| 2 baths \| 1,099 sq.ft.	$674,000	Airbnb cash on cash: -0.2% Traditional cash on cash: 3.15% Airbnb Rental Income: $1388 Traditional Rental Income: $3074 Airbnb ROI: -0.2% Traditional ROI: 3.15%
360 KAUILA ST #312 Hilo, HI Turnkey Investment Opportunity in Hilo: Active, Fully Furnished Vacation Rental! Maximize ...	2 beds \| 2 baths \| 706 sq.ft.	$260,000	Airbnb cash on cash: 2.21% Traditional cash on cash: 5.37% Airbnb Rental Income: $2220 Traditional Rental Income: $2436 Airbnb ROI: 2.21% Traditional ROI: 5.37%
82 MALIA ST Hilo, HI Welcome to 82 Malia st. , a charming home located in the established Sportsmans Paradise n...	3 beds \| 2 baths \| 972 sq.ft.	$475,000	Airbnb cash on cash: 3.07% Traditional cash on cash: 4.65% Airbnb Rental Income: $2937 Traditional Rental Income: $2959 Airbnb ROI: 3.07% Traditional ROI: 4.65%
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.	$599,000	Airbnb cash on cash: 2.2% Traditional cash on cash: 3.39% Airbnb Rental Income: $2937 Traditional Rental Income: $2926 Airbnb ROI: 2.2% Traditional ROI: 3.39%
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.	$1,288,888	Airbnb cash on cash: 0.48% Traditional cash on cash: 0.66% Airbnb Rental Income: $2937 Traditional Rental Income: $2481 Airbnb ROI: 0.48% Traditional ROI: 0.66%
101 KILUA RD Hilo, HI This is a leasehold property.	3 beds \| 3 baths \| 1,224 sq.ft.	$350,000	Airbnb cash on cash: 5.53% Traditional cash on cash: 7.73% Airbnb Rental Income: $2937 Traditional Rental Income: $2984 Airbnb ROI: 5.53% Traditional ROI: 7.73%
485 WAIANUENUE AVE #233 Hilo, HI Arguably the nicest unit in the entire complex. If you're looking for a move in ready unit...	2 beds \| 1 baths \| 695 sq.ft.	$259,000	Airbnb cash on cash: 2.64% Traditional cash on cash: 1.93% Airbnb Rental Income: $2220 Traditional Rental Income: $1486 Airbnb ROI: 2.64% Traditional ROI: 1.93%
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.	$545,000	Airbnb cash on cash: 4.98% Traditional cash on cash: 5.14% Airbnb Rental Income: $4345 Traditional Rental Income: $3513 Airbnb ROI: 4.98% Traditional ROI: 5.14%
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.	$600,000	Airbnb cash on cash: 2.85% Traditional cash on cash: 3.97% Airbnb Rental Income: $2937 Traditional Rental Income: $2889 Airbnb ROI: 2.85% Traditional ROI: 3.97%
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.	$570,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.54% Airbnb Rental Income: $null Traditional Rental Income: $1952 Airbnb ROI: N/A Traditional ROI: 1.54%
420 HUALI PL Hilo, HI Experience the perfect blend of modern elegance and island charm in this spacious multi-le...	3 beds \| 3 baths \| 2,969 sq.ft.	$1,035,000	Airbnb cash on cash: 0.97% Traditional cash on cash: 3.64% Airbnb Rental Income: $2937 Traditional Rental Income: $4827 Airbnb ROI: 0.97% Traditional ROI: 3.64%
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: 3.24% Traditional cash on cash: 4.16% Airbnb Rental Income: $4345 Traditional Rental Income: $4034 Airbnb ROI: 3.24% 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: 1.76% Traditional cash on cash: 4.02% Airbnb Rental Income: $2937 Traditional Rental Income: $3837 Airbnb ROI: 1.76% Traditional ROI: 4.02%
1875 KALANIANAOLE ST #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: -3.66% Traditional cash on cash: -1.35% Airbnb Rental Income: $1388 Traditional Rental Income: $1963 Airbnb ROI: -3.66% Traditional ROI: -1.35%
23 MACHIDA LANE Hilo, HI The Hilo Beach House is a beachfront residence and multi-unit, short-term vacation rental ...	5 beds \| 7 baths \| 3,618 sq.ft.	$2,700,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.39% Airbnb Rental Income: $null Traditional Rental Income: $9836 Airbnb ROI: N/A Traditional ROI: 2.39%
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.	$649,000	Airbnb cash on cash: 4.43% Traditional cash on cash: 4.32% Airbnb Rental Income: $4345 Traditional Rental Income: $3366 Airbnb ROI: 4.43% Traditional ROI: 4.32%
619 MILILANI ST Hilo, HI Unique investment opportunity in the heart of Hilo featuring two separate homes on one lot...	5 beds \| 3 baths \| 2,904 sq.ft.	$675,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.37% Airbnb Rental Income: $null Traditional Rental Income: $5658 Airbnb ROI: N/A Traditional ROI: 7.37%
415 HILINAI ST Hilo, HI Stylishly remodeled and thoughtfully updated, this Hilo home offers approximately 1,900 to...	3 beds \| 2 baths \| 1,269 sq.ft.	$615,000	Airbnb cash on cash: 2.29% Traditional cash on cash: 3.37% Airbnb Rental Income: $2937 Traditional Rental Income: $2880 Airbnb ROI: 2.29% Traditional ROI: 3.37%
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: 2.23% Traditional cash on cash: 4.31% Airbnb Rental Income: $2937 Traditional Rental Income: $3420 Airbnb ROI: 2.23% Traditional ROI: 4.31%
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.	$875,000	Airbnb cash on cash: 1.39% Traditional cash on cash: 4.01% Airbnb Rental Income: $2937 Traditional Rental Income: $4389 Airbnb ROI: 1.39% Traditional ROI: 4.01%
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: 4.39% Traditional cash on cash: 9.72% Airbnb Rental Income: $2937 Traditional Rental Income: $4383 Airbnb ROI: 4.39% Traditional ROI: 9.72%
400 HUALANI ST #3220 Hilo, HI Welcome to Waiakea Villas - an apartment complex in the heart of Hilo, set among beautiful...	1 beds \| 1 baths \| 575 sq.ft.	$260,000	Airbnb cash on cash: 1.63% Traditional cash on cash: 5.73% Airbnb Rental Income: $1388 Traditional Rental Income: $1974 Airbnb ROI: 1.63% Traditional ROI: 5.73%
111 ALAWAENA PL Hilo, HI Motivated Sellers - Accepting offers- Rare 3 Acres in Hilo 111 ALAWAENA WAY Investor oppor...	3 beds \| 2 baths \| 1,864 sq.ft.	$799,900	Airbnb cash on cash: 1.51% Traditional cash on cash: 3.9% Airbnb Rental Income: $2937 Traditional Rental Income: $4038 Airbnb ROI: 1.51% Traditional ROI: 3.9%
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: 4.67% Traditional cash on cash: 6.7% Airbnb Rental Income: $2220 Traditional Rental Income: $2160 Airbnb ROI: 4.67% Traditional ROI: 6.7%
301 PONAHAWAI ST Hilo, HI New roof replacement and front lanai floor newly updated and painted with both front and b...	4 beds \| 4 baths \| 2,076 sq.ft.	$619,500	Airbnb cash on cash: 3.74% Traditional cash on cash: 6.69% Airbnb Rental Income: $4345 Traditional Rental Income: $5139 Airbnb ROI: 3.74% Traditional ROI: 6.69%
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.	$790,000	Airbnb cash on cash: 3.5% Traditional cash on cash: 5.26% Airbnb Rental Income: $4345 Traditional Rental Income: $4725 Airbnb ROI: 3.5% Traditional ROI: 5.26%
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.	$885,000	Airbnb cash on cash: 2.88% Traditional cash on cash: 6.85% Airbnb Rental Income: $4345 Traditional Rental Income: $6699 Airbnb ROI: 2.88% Traditional ROI: 6.85%
84 BAYSHORE TOWERS #303 Hilo, HI A place to dream. A front-row seat to nature's daily show. From what feels like eye level ...	2 beds \| 2 baths \| 906 sq.ft.	$395,000	Airbnb cash on cash: 3.07% Traditional cash on cash: 6.28% Airbnb Rental Income: $2220 Traditional Rental Income: $2852 Airbnb ROI: 3.07% Traditional ROI: 6.28%
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.	$899,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.97% Airbnb Rental Income: $null Traditional Rental Income: $4405 Airbnb ROI: N/A Traditional ROI: 3.97%

Real Estate investment in Hilo, HI

There are 80 properties for sale in the city of Hilo . The median list price in Hilo is $529,683 and the average price per square foot is $335. In July 2026, the average monthly cash on cash return in Hilo is 4.00%. The average monthly rental income in Hilo is $3,393.

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

There are 80 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 $3,393.

Your search for investment property begins and ends here

Investment Property for Sale in Hilo, HI

400 HUALANI ST #4226

Hilo, HI

1 beds | 1 baths | 519 sq.ft.

$195,000

Airbnb cash on cash: -1.78%

Traditional cash on cash: 3.03%

Airbnb Rental Income: $1388

Traditional Rental Income: $1859

Airbnb ROI: -1.78%

Traditional ROI: 3.03%

346 LEHUA ST

Hilo, HI

4 beds | 2 baths | 1,664 sq.ft.

$610,000

Airbnb cash on cash: 2.36%

Traditional cash on cash: 5.05%

Airbnb Rental Income: $2937

Traditional Rental Income: $3786

Airbnb ROI: 2.36%

Traditional ROI: 5.05%

84 PUKIHAE ST #406

Hilo, HI

2 beds | 2 baths | 984 sq.ft.

$349,900

Airbnb cash on cash: 0.59%

Traditional cash on cash: 4.9%

Airbnb Rental Income: $2220

Traditional Rental Income: $3077

Airbnb ROI: 0.59%

Traditional ROI: 4.9%

1673 KAUMANA DR

Hilo, HI

3 beds | 2 baths | 1,830 sq.ft.

$780,000

Airbnb cash on cash: 1.68%

Traditional cash on cash: 4.07%

Airbnb Rental Income: $2937

Traditional Rental Income: $3992

Airbnb ROI: 1.68%

Traditional ROI: 4.07%

98 KAIWIKI RD

Hilo, HI

1 beds | 2 baths | 1,099 sq.ft.

$674,000

Airbnb cash on cash: -0.2%

Traditional cash on cash: 3.15%

Airbnb Rental Income: $1388

Traditional Rental Income: $3074

Airbnb ROI: -0.2%

Traditional ROI: 3.15%

360 KAUILA ST #312

Hilo, HI

2 beds | 2 baths | 706 sq.ft.

$260,000

Airbnb cash on cash: 2.21%

Traditional cash on cash: 5.37%

Airbnb Rental Income: $2220

Traditional Rental Income: $2436

Airbnb ROI: 2.21%

Traditional ROI: 5.37%

82 MALIA ST

Hilo, HI

3 beds | 2 baths | 972 sq.ft.

$475,000

Airbnb cash on cash: 3.07%

Traditional cash on cash: 4.65%

Airbnb Rental Income: $2937

Traditional Rental Income: $2959

Airbnb ROI: 3.07%

Traditional ROI: 4.65%

467 LANIKUKIA PL

Hilo, HI

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

$599,000

Airbnb cash on cash: 2.2%

Traditional cash on cash: 3.39%

Airbnb Rental Income: $2937

Traditional Rental Income: $2926

Airbnb ROI: 2.2%