28 Maple St, Spencer, MA, 01562 | $600/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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28 Maple St, Spencer, MA, 01562 | $600/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 Spencer at 28 Maple St, Spencer, MA, 01562 priced at $349,899 pairs $2,806/mo rent with $600/mo cash flow after a $1,713/mo payment. Total monthly income equals $2,806/mo, and annual cash flow comes to $7,203/yr on $115,992 invested. Return on cash invested is 26.12% in year one, and rental yield stands at 9.62% on a $349,899 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,671 by year five. Five-year ROI measures 136.32% and total cumulative return in cash reaches $158,118. For financing, Ziffy Mortgage’s DSCR program evaluates $2,806/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.

Multi Family

Built in 1890

3,093 sqft lot

$N/A/sqft

No HOA

More details about the property

Great way to get into leveraged ownership! Vinyl sided with 3yo roof, this exciting TWO FAMILY PROPERTY has views of Muzzy Meadow Pond. Offering one off street parking space, and a fenced backyard; this new-owner-ready multi family has both, A WALK UP ATTIC and a WALK OUT BASEMENT to enhance either units' living space! New gas lines brough in, new electrical, new sewer line, and water lines, this building was renovated just a few years ago!

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