2 Crestview Dr APT 52, Spencer, MA, 01562 | $877/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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2 Crestview Dr APT 52, Spencer, MA, 01562 | $877/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

Investment property for sale in Spencer at 2 Crestview Dr APT 52, Spencer, MA, 01562 offers a 11.39% rental yield on a $275,000 purchase with $2,610/mo rent. Total monthly income registers $2,610/mo, and a $1,346/mo payment leaves $877/mo available for distribution. Annual cash flow reaches $10,521/yr on $91,163 to close, and return on cash invested stands at 31.45% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 164.88% and total cumulative return in cash at $150,311. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,610/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 2006

N/A lot

$N/A/sqft

No HOA

More details about the property

$275,000 2 bed 1 bath Condo, located at 2 Crestview Dr U:52, in the charming town of Spencer. Very well-maintained with plenty of natural light for this end unit. It also offers peaceful expansive meadow views. Roomy kitchen with plenty of space with granite countertops and beautiful cabinetry. In unit washer dryer hook up always a plus. A trendy & convenient built is breakfast bar adds style and depth of space. The dining area features a full-size slider with access to personal deck. The comfortable open style living room keeps the views and conversation flowing. Easy access basement offers individual storage space with common laundry as well. 2 assigned parking places as well as visitor parking. Local and historic St Joseph's Abby, Mid State trail access & Spencer State Forest are noteworthy locale interests. Close to highway access, restaurants & more.

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