10 Briarcliff Ln, Spencer, MA, 01562 | $395/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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10 Briarcliff Ln, Spencer, MA, 01562 | $395/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Spencer at 10 Briarcliff Ln, Spencer, MA, 01562 generates $2,570/mo in rent and, after a $1,689/mo payment, leaves $395/mo in cash flow. Total monthly income is $2,570/mo, and annual cash flow is $4,741/yr on $114,368 invested. Return on cash invested sits at 24.05% in year one, and rental yield is 8.94% on a $345,000 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 125.25% and total cumulative return in cash sums $143,248. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,570/mo property income rather than buyer’s personal income.

Single Family

Built in 1961

0.80 Acres lot

$N/A/sqft

No HOA

More details about the property

Adorable 2 bdr, 1 bath Ranch-style cottage w/knotty pine accents, creating a warm rustic charm. The eat-in kitchen includes an island w/storage and a Bosch stainless steel dishwasher and plenty of cabinet space. The updated bath offers modern convenience w/a stackable w/d unit. Flooring is a mix of easy-care wood vinyl and tile. Enjoy the view of Cranberry Meadow Lake from the expansive composite deck that spans the length and side of the home with handicapped accessibility. The living room features a built-in desk - great for remote work or hobbies. Full (partially) finished unheated walk-out basement is a blank slate for additional work or living space. Set on a large flat yard with a shed with electricity for storage. Plus, a variety of fruit tree's including; peach, pear, apple and plum. This property is a treasure whether you're seeking a year-round residence, seasonal retreat or investment opportunity this home checks all the boxes. Short walk to the Association private beach

Neighborhood Data

Neighborhood data shown for ZIP Code: 01562, Spencer, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,548 (100%)
Owner Occupied HU	3,340 (60.2%)
Renter Occupied HU	1,867 (33.7%)
Vacant Housing Units	341 ( 6.1%)
Median Home Value	$426,833
Average Home Value	$470,553