59 7th St #1CambridgeMA02141
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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
Rental property for sale in Cambridge at 59 7th St #1, Cambridge, MA, 02141 generates $3,173/mo in rent, after a $5,624/mo payment. Total monthly income is $3,173/mo. Return on cash invested sits at 7.25% in year one, and rental yield is 3.31% on a $1,149,000 entry. Equity gained on principal adds $7,414/yr, while 5% annual appreciation builds toward $317,448 over five years. Five-year ROI reaches 35.03% and total cumulative return in cash sums $130,399. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,173/mo property income rather than buyer’s personal income.
Condo
Built in 1873
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: Jesse Flynn • Conley
Mls Name: MLS PIN
Mls ID: #73448426