2 Hingham StCambridgeMA02138
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in Cambridge at 2 Hingham St, Cambridge, MA, 02138 projects strong ROI of -1.87%. Rental yield 0.64%. With 5% annual appreciation, the property builds $1,711,564 in value over five years. Equity growth combined delivers a projected five-year ROI of 2.94%, translating into $51,384 in total cumulative return on $1,750,088 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0.6% | 5.5% |
| Monthly Cash Flow | $(35,752) | $1,200 |
City averages based on Cambridge market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,294 |
| Total Monthly Debt Service | $36,581 |
| DSCR Ratio | 0.09x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1920
3,808 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Multi Family
Built in 1920
3,808 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nathan Long • Coldwell Banker Realty - Cambridge
Mls Name: MLS PIN
Mls ID: #73447867