163 Ash StSpencerMA01562
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
Investment Highlights
Rental property for sale in Spencer at 163 Ash St, Spencer, MA, 01562 priced at $349,900 pairs $3,029/mo rent with $823/mo cash flow after a $1,713/mo payment. Total monthly income equals $3,029/mo, and annual cash flow comes to $9,879/yr on $115,992 invested. Return on cash invested is 28.43% in year one, and rental yield stands at 10.39% on a $349,900 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,671 by year five. Five-year ROI measures 148.69% and total cumulative return in cash reaches $172,470. For financing, Ziffy Mortgage’s DSCR program evaluates $3,029/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1964
0.45 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
4,962
Single Family
4,666
Multi-Family
296
Businesses
262
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Listed by: Alexandria Beane • Red Door Realty
Mls Name: MLS PIN
Mls ID: #73458321