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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 53 Temple St, Spencer, MA, 01562 with 5% annual appreciation on a $329,900 basis while $2,053/mo rent supports operations. 62% in year one. Equity gained on principal adds $2,129/yr, and five-year appreciation sums $91,145 alongside rental yield of 7.47%. Five-year ROI measures 101.45% and total cumulative return in cash totals $110,943. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,053/mo property income versus a $1,615/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1907
0.62 Acres 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: Douglas Tammelin • Coldwell Banker Realty - Leominster
Mls Name: MLS PIN
Mls ID: #73422667
