1600 Massachusetts Ave APT 404CambridgeMA02138
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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
Total monthly income runs $4,871/mo, and a $4,381/mo payment. Purchase price stands at $895,000, and rental yield measures 6.53% with $4,871/mo rent. Return on cash invested shows 16.92% in year one, and 5% annual appreciation builds toward $247,272 over five years. Five-year ROI reaches 86.94% and total cumulative return in cash records $255,986. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,871/mo property income covering a $4,381/mo payment rather than investor’s personal income.
Condo
Built in 1982
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: Gore Lietzke Group • William Raveis R.E. & Home Services
Mls Name: MLS PIN
Mls ID: #73425357