Real Estate Investment Properties for Sale in Kalaheo, HI

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

Explore a variety of short-term homes & houses in Kalaheo, HI. Invest wisely with VRBO & Kalaheo, 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 Kalaheo, HI

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
3942 Waha Rd KALAHEO, HI Well-maintained 2 bedroom, 2 bathroom plantation-era cottage situated on nearly half an ac...	2 beds \| 2 baths \| 1,289 sq.ft.	$999,000	Airbnb cash on cash: 3.69% Traditional cash on cash: 0.72% Airbnb Rental Income: $6455 Traditional Rental Income: $2288 Airbnb ROI: 3.69% Traditional ROI: 0.72%
Investment Properties for Sale in Other Cities of Hawaii
1296 Kapiolani Blvd #3805 Honolulu , HI 1296 Kapiolani Blvd #3805, Honolulu, HI 96814 \| Condo/Coop	2 beds \| 2 baths \| 1,105 sq.ft.	$888,000	Airbnb cash on cash: 2.69% Traditional cash on cash: 1.18% Airbnb Rental Income: $6152 Traditional Rental Income: $3689 Airbnb ROI: 2.69% Traditional ROI: 1.18%
1350 Ala Moana Blvd #1811 Honolulu , HI Lovely ocean, Ala Moana Park, city views. Extremely well-maintained building with easy ac...	2 beds \| 2 baths \| 968 sq.ft.	$915,000	Airbnb cash on cash: 2.83% Traditional cash on cash: 0.99% Airbnb Rental Income: $6152 Traditional Rental Income: $3375 Airbnb ROI: 2.83% Traditional ROI: 0.99%
410 Atkinson Dr #1337 Honolulu , HI 410 Atkinson Dr #1337, Honolulu, HI 96814 \| Condo/Coop	N/A beds \| 1 baths \| 246 sq.ft.	$175,000	Airbnb cash on cash: 1.36% Traditional cash on cash: -1.24% Airbnb Rental Income: $2513 Traditional Rental Income: $1473 Airbnb ROI: 1.36% Traditional ROI: -1.24%
1650 Ala Moana Blvd #1101 Honolulu , HI 1650 Ala Moana Blvd #1101, Honolulu, HI 96815 \| Condo/Coop	2 beds \| 2 baths \| 1,489 sq.ft.	$1,195,000	Airbnb cash on cash: 1.02% Traditional cash on cash: -0.31% Airbnb Rental Income: $6152 Traditional Rental Income: $3460 Airbnb ROI: 1.02% Traditional ROI: -0.31%
410 Atkinson Dr #1613 Honolulu , HI Very popular Waikiki Tower studio with 2-double beds! Conveniently located, adjacent to on...	N/A beds \| 1 baths \| 297 sq.ft.	$230,000	Airbnb cash on cash: 0.05% Traditional cash on cash: -1.71% Airbnb Rental Income: $2513 Traditional Rental Income: $1523 Airbnb ROI: 0.05% Traditional ROI: -1.71%
910 Ahana St #1001 Honolulu , HI 100% hurricane-insured building! High-floor corner unit in a very convenient location righ...	2 beds \| 1 baths \| 780 sq.ft.	$379,000	Airbnb cash on cash: 8.2% Traditional cash on cash: 4.68% Airbnb Rental Income: $6152 Traditional Rental Income: $3689 Airbnb ROI: 8.2% Traditional ROI: 4.68%
5333 Likini St #110 Honolulu , HI A rare value opportunity in a secure, gated community. This newly upgraded and renovated g...	2 beds \| 1 baths \| 955 sq.ft.	$619,500	Airbnb cash on cash: 2.56% Traditional cash on cash: 0.7% Airbnb Rental Income: $4965 Traditional Rental Income: $2877 Airbnb ROI: 2.56% Traditional ROI: 0.7%
1088 Bishop St #1607 Honolulu , HI 1088 Bishop St #1607, Honolulu, HI 96813 \| Condo/Coop	1 beds \| 1 baths \| 798 sq.ft.	$459,000	Airbnb cash on cash: -2.47% Traditional cash on cash: -0.62% Airbnb Rental Income: $1841 Traditional Rental Income: $2139 Airbnb ROI: -2.47% Traditional ROI: -0.62%
1088 Bishop St #3706 Honolulu , HI THE ONLY LEGAL SHORT-TERM DAILY RENTAL CONDO-HOTEL in the heart of the downtown Honolulu d...	1 beds \| 1 baths \| 798 sq.ft.	$628,000	Airbnb cash on cash: -2.88% Traditional cash on cash: -1.39% Airbnb Rental Income: $1841 Traditional Rental Income: $2222 Airbnb ROI: -2.88% Traditional ROI: -1.39%
1088 Bishop St #1126 Honolulu , HI 1088 Bishop St #1126, Honolulu, HI 96813 \| Condo/Coop	1 beds \| 1 baths \| 774 sq.ft.	$475,000	Airbnb cash on cash: -4.31% Traditional cash on cash: -2.69% Airbnb Rental Income: $1841 Traditional Rental Income: $2105 Airbnb ROI: -4.31% Traditional ROI: -2.69%
235 Portlock Rd Honolulu , HI Located in the prestigious Portlock neighborhood, this gated residence offers privacy and ...	5 beds \| 5 baths \| 4,736 sq.ft.	$4,900,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.57% Airbnb Rental Income: $null Traditional Rental Income: $10125 Airbnb ROI: N/A Traditional ROI: 0.57%
927 Prospect St #1103 Honolulu , HI 927 Prospect St #1103, Honolulu, HI 96822 \| Condo/Coop	3 beds \| 2 baths \| 1,440 sq.ft.	$835,000	Airbnb cash on cash: 2.34% Traditional cash on cash: 0.67% Airbnb Rental Income: $5501 Traditional Rental Income: $3102 Airbnb ROI: 2.34% Traditional ROI: 0.67%
1617 Clark St #404 Honolulu , HI Delight in the comfort of this beautiful 1-bedroom, 1-bathroom condo located in Punahou Su...	1 beds \| 1 baths \| 654 sq.ft.	$285,000	Airbnb cash on cash: 3.23% Traditional cash on cash: 3.32% Airbnb Rental Income: $2792 Traditional Rental Income: $2164 Airbnb ROI: 3.23% Traditional ROI: 3.32%

Real Estate investment in Kalaheo, HI

There are 3 properties for sale in the city of Kalaheo . The median list price in Kalaheo is $1,224,000 and the average price per square foot is $705. In March 2026, the average monthly cash on cash return in Kalaheo is 1.00%. The average monthly rental income in Kalaheo is $3,466.

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

There are 3 investment properties available for sale in Kalaheo.

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

The ROI for Short-Term is higher than the Long-Term in Kalaheo with average rental income of $6,455.

Your search for investment property begins and ends here

Investment Property for Sale in Kalaheo, HI

3942 Waha Rd

KALAHEO, HI

2 beds | 2 baths | 1,289 sq.ft.

$999,000

Airbnb cash on cash: 3.69%

Traditional cash on cash: 0.72%

Airbnb Rental Income: $6455

Traditional Rental Income: $2288

Airbnb ROI: 3.69%

Traditional ROI: 0.72%

Investment Properties for Sale in Other Cities of Hawaii

Honolulu , HI

2 beds | 2 baths | 1,105 sq.ft.

$888,000

Airbnb cash on cash: 2.69%

Traditional cash on cash: 1.18%

Airbnb Rental Income: $6152

Traditional Rental Income: $3689

Airbnb ROI: 2.69%

Traditional ROI: 1.18%

Honolulu , HI

2 beds | 2 baths | 968 sq.ft.

$915,000

Airbnb cash on cash: 2.83%

Traditional cash on cash: 0.99%

Airbnb Rental Income: $6152

Traditional Rental Income: $3375

Airbnb ROI: 2.83%

Traditional ROI: 0.99%

Honolulu , HI

N/A beds | 1 baths | 246 sq.ft.

$175,000

Airbnb cash on cash: 1.36%

Traditional cash on cash: -1.24%

Airbnb Rental Income: $2513

Traditional Rental Income: $1473

Airbnb ROI: 1.36%

Traditional ROI: -1.24%

Honolulu , HI

2 beds | 2 baths | 1,489 sq.ft.

$1,195,000

Airbnb cash on cash: 1.02%

Traditional cash on cash: -0.31%

Airbnb Rental Income: $6152

Traditional Rental Income: $3460

Airbnb ROI: 1.02%

Traditional ROI: -0.31%

Honolulu , HI

N/A beds | 1 baths | 297 sq.ft.

$230,000

Airbnb cash on cash: 0.05%

Traditional cash on cash: -1.71%

Airbnb Rental Income: $2513

Traditional Rental Income: $1523

Airbnb ROI: 0.05%

Traditional ROI: -1.71%

Honolulu , HI

2 beds | 1 baths | 780 sq.ft.

$379,000

Airbnb cash on cash: 8.2%

Traditional cash on cash: 4.68%

Airbnb Rental Income: $6152

Traditional Rental Income: $3689

Airbnb ROI: 8.2%

Traditional ROI: 4.68%

Honolulu , HI

2 beds | 1 baths | 955 sq.ft.

$619,500

Airbnb cash on cash: 2.56%

Traditional cash on cash: 0.7%

Airbnb Rental Income: $4965

Traditional Rental Income: $2877

Airbnb ROI: 2.56%

Traditional ROI: 0.7%

Honolulu , HI

1 beds | 1 baths | 798 sq.ft.

$459,000

Airbnb cash on cash: -2.47%

Traditional cash on cash: -0.62%