2456 Massachusetts Ave APT 402CambridgeMA02140
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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 $4,697/mo, and a $4,581/mo payment. Purchase price stands at $935,999, and rental yield measures 6.02% with $4,697/mo rent. Return on cash invested shows 15.38% in year one, and 5% annual appreciation builds toward $258,599 over five years. Five-year ROI reaches 78.64% and total cumulative return in cash records $242,182. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,697/mo property income covering a $4,581/mo payment rather than investor’s personal income.
Condo
Built in 1990
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02140, Cambridge, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,600 (100%) |
| Owner Occupied HU | 3,322 (28.6%) |
| Renter Occupied HU | 7,361 (63.5%) |
| Vacant Housing Units | 917 ( 7.9%) |
| Median Home Value | $1,294,693 |
| Average Home Value | $1,360,329 |
Housing Distribution
Address Breakdown
Residential
10,313
Single Family
4,218
Multi-Family
6,095
Businesses
736
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Listed by: Nathan Long • Coldwell Banker Realty - Cambridge
Mls Name: MLS PIN
Mls ID: #73425256