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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Spencer at 2 Laurel Ln, Spencer, MA, 01562 uses $112,611 cash to close to unlock $1,663/yr annual cash flow and $139/mo monthly cash flow. Total monthly income runs $2,280/mo, and a $1,663/mo payment keeps the spread at $139/mo. Purchase price stands at $339,700, and rental yield measures 8.05% with $2,280/mo rent. Return on cash invested shows 21.39% in year one, and 5% annual appreciation builds toward $93,853 over five years. Five-year ROI reaches 110.92% and total cumulative return in cash records $124,904. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,280/mo property income covering a $1,663/mo payment rather than investor’s personal income.
Single Family
Built in 1976
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 01562, Spencer, MA area.
| 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 |
Residential
4,962
Single Family
4,666
Multi-Family
296
Businesses
262
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
