17 Grove St, Ayer, MA, 01432 | $145/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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17 Grove St, Ayer, MA, 01432 | $145/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 Ayer at 17 Grove St, Ayer, MA, 01432 priced at $515,000 pairs $3,391/mo rent with $145/mo cash flow after a $2,521/mo payment. Total monthly income equals $3,391/mo, and annual cash flow comes to $1,737/yr on $169,435 invested. Return on cash invested is 21.09% in year one, and rental yield stands at 7.9% on a $515,000 basis. Equity gained on principal adds $3,323/yr, and 5% annual appreciation accumulates to $142,285 by year five. Five-year ROI measures 109.27% and total cumulative return in cash reaches $185,149. For financing, Ziffy Mortgage’s DSCR program evaluates $3,391/mo property income against a $2,521/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1880

7,841 sqft lot

$N/A/sqft

No HOA

More details about the property

Step into history at 17 Grove Street, where Victorian charm meets modern opportunity in the heart of Ayer. This captivating 1880 single-family home showcases nearly 1,800 square feet of timeless character on a generous 7,928 square foot lot - perfect for those seeking authentic New England living with room to grow.The thoughtfully designed three-bedroom, two-bathroom with home office, offers endless possibilities for today's lifestyle. Whether you're drawn to the historic details that whisper stories of generations past or excited by the potential to blend period features with contemporary updates, this property delivers both charm and flexibility.Located on peaceful Grove Street, you'll enjoy the perfect balance of small-town tranquility and convenient access to everything Ayer offers. The spacious lot provides a rare opportunity for gardening enthusiasts, outdoor entertaining, or simply enjoying your own private retreat. Fully fenced in back yard accessible on both sides.

Neighborhood Data

Neighborhood data shown for ZIP Code: 01432, Ayer, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,831 (100%)
Owner Occupied HU	2,280 (59.5%)
Renter Occupied HU	1,318 (34.4%)
Vacant Housing Units	233 ( 6.1%)
Median Home Value	$548,766
Average Home Value	$629,171