212 3rd StCambridgeMA02141
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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 212 3rd St, Cambridge, MA, 02141 offers a 4.64% rental yield on a $1,325,000 purchase with $5,124/mo rent. 35% in year one. Equity gained on principal adds $8,550/yr while 5% annual appreciation supports $366,073 over five years. Portfolio math shows five-year ROI at 56.99% and total cumulative return in cash at $244,660. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,124/mo property income against a $6,485/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1826
1,056 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02141, Cambridge, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,873 (100%) |
| Owner Occupied HU | 2,086 (23.5%) |
| Renter Occupied HU | 6,161 (69.4%) |
| Vacant Housing Units | 626 ( 7.1%) |
| Median Home Value | $963,768 |
| Average Home Value | $1,101,258 |
Housing Distribution
Address Breakdown
Residential
8,032
Single Family
2,778
Multi-Family
5,254
Businesses
589
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Listed by: Laura Palumbo-Hanson • Gibson Sotheby's International Realty
Mls Name: MLS PIN
Mls ID: #73401692