38 Brookford St #2CambridgeMA02140
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 38 Brookford St #2, Cambridge, MA, 02140 in Cambridge the bet is firmly on appreciation. Rental yield 3.34%. The 3.34% gross yield on a $1,289,000 price is below income-first thresholds, but 5%/yr value growth projects $356,127 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.62) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $197,242.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.3% | 5.5% |
| Monthly Cash Flow | $(5,090) | $1,200 |
City averages based on Cambridge market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,584 |
| Total Monthly Debt Service | $7,611 |
| DSCR Ratio | 0.47x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1929
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1929
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLS PIN
Mls ID: #73483097