7 Russell St #1CambridgeMA02140
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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 7 Russell St #1, Cambridge, MA, 02140 offers $3,917/mo rent that, after a $4,351/mo payment. Total monthly income is $3,917/mo. Return on cash invested measures 13.14% in year one, and rental yield stands at 5.29% at a $889,000 entry. Equity gained on principal adds $5,737/yr while 5% annual appreciation compounds into $245,614 by year five. Five-year ROI records 66.67% and total cumulative return in cash reaches $194,990. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,917/mo property income versus a $4,351/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1920
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
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Listed by: Barbara Currier • Coldwell Banker Realty - Cambridge
Mls Name: MLS PIN
Mls ID: #73466145