122-124 Charles St #1CambridgeMA02141
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 122-124 Charles St #1, Cambridge, MA, 02141 in Cambridge. At $649,000 it earns $4,937/mo in rent and distributes $638/mo to the owner after the $2,918/mo payment, a consistent 9.13% yield. DSCR 1.69 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $179,307 in value; $5,977/yr in principal paydown compounds ownership stake. Total projected return: $300,895.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.2% |
| Monthly Cash Flow | $638 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $4,937 |
| Total Monthly Debt Service | $3,832 |
| DSCR Ratio | 1.29x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1920
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 1920
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: N/A • N/A
Mls Name: MLS PIN
Mls ID: #73526683