187-197 Concord Ave #5CambridgeMA02138
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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
Investment property for sale in Cambridge at 187-197 Concord Ave #5, Cambridge, MA, 02138 offers a 9.63% rental yield on a $438,000 purchase with $3,515/mo rent. Total monthly income registers $3,515/mo, and a $2,144/mo payment leaves $754/mo available for distribution. Annual cash flow reaches $9,050/yr on $145,197 to close, and return on cash invested stands at 26.14% in year one. Equity gained on principal adds $2,826/yr while 5% annual appreciation supports $121,011 over five years. Portfolio math shows five-year ROI at 136.44% and total cumulative return in cash at $198,102. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,515/mo property income against a $2,144/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1900
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: Tracy Hollander • RE/MAX Andrew Realty Services
Mls Name: MLS PIN
Mls ID: #73463105