23 Spencer Rd APT 32F, Boxboro, MA, 01719 | $785/mo Cash Flow

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23 Spencer Rd APT 32F, Boxboro, MA, 01719 | $785/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 Boxboro at 23 Spencer Rd APT 32F, Boxboro, MA, 01719 offers a 11.86% rental yield on a $219,000 purchase with $2,165/mo rent. Total monthly income registers $2,165/mo, and a $1,072/mo payment leaves $785/mo available for distribution. Annual cash flow reaches $9,415/yr on $72,599 to close, and return on cash invested stands at 32.88% in year one. Equity gained on principal adds $1,413/yr while 5% annual appreciation supports $60,506 over five years. Portfolio math shows five-year ROI at 172.55% and total cumulative return in cash at $125,265. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,165/mo property income against a $1,072/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1973

N/A lot

$N/A/sqft

No HOA

More details about the property

Third floor newly renovated unit. Bright, sunny, clean & spacious. Freshly painted. New Luxurious vinyl hardwood floor throughout. Updated Kitchen with new bathroom vanity, sink, mirror, & medicine cabinet. Walk in Closet. Eat-in kitchen, Eat in kitchen/dining room with closet (Potential alternative second bedroom.) Close to Cisco campus with convenient access to Route 495 and Route 2. Great opportunity for an investor or ownership at an affordable price. Open House, Saturday, 12-2PM

Neighborhood Data

Neighborhood data shown for ZIP Code: 01719, Boxborough, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,397 (100%)
Owner Occupied HU	1,577 (65.8%)
Renter Occupied HU	718 (30.0%)
Vacant Housing Units	102 ( 4.3%)
Median Home Value	$791,088
Average Home Value	$783,973