4 Crestview Dr APT 55, Spencer, MA, 01562 | $372/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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4 Crestview Dr APT 55, Spencer, MA, 01562 | $372/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 Spencer at 4 Crestview Dr APT 55, Spencer, MA, 01562 listed at $319,900 pairs $2,389/mo rent with a $1,566/mo payment to leave $372/mo cash flow. Total monthly income runs $2,389/mo, and annual cash flow reaches $4,470/yr on $106,047 cash to close. Return on cash invested measures 24.12% in year one, and rental yield registers 8.96% at a $319,900 basis. Equity gained on principal adds $2,064/yr, and annual property appreciation at 5% supports $88,382 by year five. Five-year ROI tracks 125.61% and total cumulative return in cash totals $133,208. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,389/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 2005

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully updated 2 bedroom condo offering comfort & convenience. This street level unit features NO STAIRS, making access easy and includes a recently installed walk-in shower designed for modern living. You'll love the open floor plan that is ideal for entertaining. The dining room has sliders that open to a private deck overlooking peaceful meadows to relax and view wildlife. This condo includes an in-unit laundry room (washer & dryer included), plenty of closet space plus extra individual storage space in the basement. The kitchen features a new refrigerator and plenty of cabinet and counter space. All new luxury flooring, economical natural gas heat & central air. Pets are also welcome! Low condo fees. Town water/town sewer. Move in ready, conveniently designed and set in a tranquil location - this condo has it all. Hurry and start the new year in your new condo!

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