Papaikou, HI
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Papaikou short-term rental market based on reliable data.
Listings
69 / 159
Reliable / Active
Cap Rate
7%
Middle-Earners Gross Yield
Revenue
$39,834
Middle-Earners Revenue
Occupancy
62%
Middle-Earners Occupancy
Home Value
$586,584
Median Home Sale Price
Top Earners
$94,665
Top-Earners Revenue
Papaikou
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Papaikou.
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Challenging to Investors
Papaikou Regulations
STRs are allowed under Hawaii County, but unhosted rentals are limited to specific commercial/resort zones and hosted operations in most residential areas require a Nonconforming Use Certificate; permitting is expensive ($1,000 initial + $250 annual for unhosted TAR; $500 issuance + $500 renewal for NUC) with strict operational standards and escalating fines ($2,500/$5,000/$10,000), creating a burdensome compliance environment for investors.
Local STR Agent
STR specialist · Papaikou, HI
About Papaikou
Papaikou (Hawaiian: Pāpaʻikou) is a census-designated place (CDP) in Hawaii County, Hawaii, United States, and is a few miles north of the county seat, Hilo. The population of Papaikou was 1,314 at the 2010 census, down from 1,414 at the 2000 census.