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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 36 Main St, Spencer, MA, 01562 offers a 12.2% rental yield on a $277,300 purchase with $2,820/mo rent. Total monthly income registers $2,820/mo, and a $1,357/mo payment leaves $1,072/mo available for distribution. Annual cash flow reaches $12,870/yr on $91,925 to close, and return on cash invested stands at 33.91% in year one. Equity gained on principal adds $1,789/yr while 5% annual appreciation supports $76,613 over five years. Portfolio math shows five-year ROI at 178.1% and total cumulative return in cash at $163,717. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,820/mo property income against a $1,357/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1882
3,053 sqft 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 |
|---|---|---|
| 2025-10-15 | Listing removed | $279,000 |
| 2025-09-29 | Price change | $279,000 |
| 2025-09-18 | Listed for sale | $309,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $2402.00 | 5.30% | $210,000 | 11.05% |
| 2023-10-22 | $2281.00 | 3.97% | $189,100 | 13.44% |
| 2022-10-22 | $2194.00 | 1.48% | $166,700 | 8.25% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
