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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 52 Grove St, Spencer, MA, 01562 earns from $2,983/mo rent with a $2,325/mo payment. Total monthly income totals $2,983/mo. ROI tracks 19.83% on current figures, and rental yield reads 7.54% at a $475,000 purchase. Equity gained on principal adds $3,065/yr, and 5% annual appreciation supports $131,234 over five years. Five-year ROI reaches 102.56% and total cumulative return in cash sums $161,491. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,983/mo property income instead of your personal income.
Multi Family
Built in 1875
6,420 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kaitlyn Flynn • The Neighborhood Realty Group
Mls Name: MLS PIN
Mls ID: #73437889
