391 Concord Ave #2CambridgeMA02138
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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 391 Concord Ave #2, Cambridge, MA, 02138 listed at $975,000 pairs $4,681/mo rent with a $4,772/mo payment. Total monthly income runs $4,681/mo. Return on cash invested measures 14.58% in year one, and rental yield registers 5.76% at a $975,000 basis. Equity gained on principal adds $6,292/yr, and annual property appreciation at 5% supports $269,375 by year five. Five-year ROI tracks 74.39% and total cumulative return in cash totals $238,635. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,681/mo property income relative to a $4,772/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1923
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02138, Cambridge, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,378 (100%) |
| Owner Occupied HU | 5,322 (32.5%) |
| Renter Occupied HU | 9,285 (56.7%) |
| Vacant Housing Units | 1,771 (10.8%) |
| Median Home Value | $1,451,585 |
| Average Home Value | $1,501,907 |
Housing Distribution
Address Breakdown
Residential
15,915
Single Family
5,951
Multi-Family
9,964
Businesses
1,527
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Listed by: Maggie Dee + Charles Cherney Team • Compass
Mls Name: MLS PIN
Mls ID: #73418793