29 Otis St UNIT 409CambridgeMA02141
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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 29 Otis St UNIT 409, Cambridge, MA, 02141 listed at $1,250,000 pairs $5,050/mo rent with a $6,118/mo payment. Total monthly income runs $5,050/mo. Return on cash invested measures 11.99% in year one, and rental yield registers 4.85% at a $1,250,000 basis. Equity gained on principal adds $8,066/yr, and annual property appreciation at 5% supports $345,352 by year five. Five-year ROI tracks 60.43% and total cumulative return in cash totals $244,741. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,050/mo property income relative to a $6,118/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2006
N/A 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: g2Team • Compass
Mls Name: MLS PIN
Mls ID: #73435393