21 Florence StCambridgeMA02139
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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 21 Florence St, Cambridge, MA, 02139 offers a 3.97% rental yield on a $1,699,000 purchase with $5,614/mo rent. 26% in year one. Equity gained on principal adds $10,963/yr while 5% annual appreciation supports $469,402 over five years. Portfolio math shows five-year ROI at 45.81% and total cumulative return in cash at $252,185. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,614/mo property income against a $8,316/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1886
3,487 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: Currier, Lane & Young • Compass
Mls Name: MLS PIN
Mls ID: #73425405