6 Sullivan 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 6 Sullivan St, Spencer, MA, 01562 offers a 9.33% rental yield on a $399,900 purchase with $3,110/mo rent. Total monthly income registers $3,110/mo, and a $1,957/mo payment leaves $590/mo available for distribution. Annual cash flow reaches $7,078/yr on $132,567 to close, and return on cash invested stands at 25.25% in year one. Equity gained on principal adds $2,580/yr while 5% annual appreciation supports $110,485 over five years. Portfolio math shows five-year ROI at 131.62% and total cumulative return in cash at $174,488. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,110/mo property income against a $1,957/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
10,199 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: Amber Foley • Byrnes Real Estate Group LLC
Mls Name: MLS PIN
Mls ID: #73454196