31 Clark StSpencerMA01562
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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
Investment Highlights
Investment property for sale in Spencer at 31 Clark St, Spencer, MA, 01562 earns from $1,665/mo rent with a $2,691/mo payment. Total monthly income totals $1,665/mo. ROI tracks 8.12% on current figures, and rental yield reads 3.63% at a $549,900 purchase. Equity gained on principal adds $3,548/yr, and 5% annual appreciation supports $151,927 over five years. Five-year ROI reaches 39.74% and total cumulative return in cash sums $71,894. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,665/mo property income instead of your personal income.
Multi Family
Built in 1890
9,611 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
4,962
Single Family
4,666
Multi-Family
296
Businesses
262
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Listed by: Jim Black Group • Real Broker MA, LLC
Mls Name: MLS PIN
Mls ID: #73464151