131 Erie St #3CambridgeMA02139
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Cambridge at 131 Erie St #3, Cambridge, MA, 02139 generates $3,768/mo in rent, after a $4,405/mo payment. Total monthly income is $3,768/mo. Return on cash invested sits at 12.34% in year one, and rental yield is 5.02% on a $899,900 entry. Equity gained on principal adds $5,807/yr, while 5% annual appreciation builds toward $248,626 over five years. Five-year ROI reaches 62.38% and total cumulative return in cash sums $184,684. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,768/mo property income rather than buyer’s personal income.
Condo
Built in 1903
1,624 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02139, Cambridge, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,981 (100%) |
| Owner Occupied HU | 4,615 (27.2%) |
| Renter Occupied HU | 11,270 (66.4%) |
| Vacant Housing Units | 1,096 ( 6.5%) |
| Median Home Value | $1,225,449 |
| Average Home Value | $1,311,567 |
Housing Distribution
Address Breakdown
Residential
15,576
Single Family
6,039
Multi-Family
9,537
Businesses
1,538
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Listed by: David Lilley • RE/MAX Real Estate Center
Mls Name: MLS PIN
Mls ID: #73444148