59 7th St #3CambridgeMA02141
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 59 7th St #3, Cambridge, MA, 02141 in Cambridge at $985,000, 3.64% gross yield, is a market-growth asset. Rental yield 3.64%. The $2,984/mo rent partially funds the $4,429/mo debt service; the core return is the 5%/yr price growth projected to add $272,137 over five years. Ziffy Mortgage's DSCR mortgage (0.67) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $166,500.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.6% | 5.5% |
| Monthly Cash Flow | $(3,224) | $1,200 |
City averages based on Cambridge market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,984 |
| Total Monthly Debt Service | $5,816 |
| DSCR Ratio | 0.51x |
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 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
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 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jesse Flynn • Conley
Mls Name: MLS PIN
Mls ID: #73453295