329 Harvard St APT 1CambridgeMA02139
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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 329 Harvard St APT 1, Cambridge, MA, 02139 uses $197,071 cash to close to unlock $413/yr annual cash flow and $34/mo monthly cash flow. Total monthly income runs $3,810/mo, and a $2,932/mo payment keeps the spread at $34/mo. Purchase price stands at $599,000, and rental yield measures 7.63% with $3,810/mo rent. Return on cash invested shows 20.27% in year one, and 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 104.9% and total cumulative return in cash records $206,722. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,810/mo property income covering a $2,932/mo payment rather than investor’s personal income.
Condo
Built in 1965
N/A 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: Susan Doig • Charlesgate Realty Group, llc
Mls Name: MLS PIN
Mls ID: #73459765