14 Concord Ave APT 624CambridgeMA02138
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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 14 Concord Ave APT 624, Cambridge, MA, 02138 generates $5,418/mo in rent, after a $5,384/mo payment. Total monthly income is $5,418/mo. Return on cash invested sits at 15.27% in year one, and rental yield is 5.91% on a $1,100,000 entry. Equity gained on principal adds $7,098/yr, while 5% annual appreciation builds toward $303,910 over five years. Five-year ROI reaches 78.01% and total cumulative return in cash sums $278,023. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,418/mo property income rather than buyer’s personal income.
Condo
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02138, Cambridge, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,378 (100%) |
| Owner Occupied HU | 5,322 (32.5%) |
| Renter Occupied HU | 9,285 (56.7%) |
| Vacant Housing Units | 1,771 (10.8%) |
| Median Home Value | $1,451,585 |
| Average Home Value | $1,501,907 |
Housing Distribution
Address Breakdown
Residential
15,915
Single Family
5,951
Multi-Family
9,964
Businesses
1,527
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Listed by: Kendall Green Luce Team • Compass
Mls Name: MLS PIN
Mls ID: #73465996