6 Sullivan St, Spencer, MA, 01562 | $590/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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6 Sullivan St, Spencer, MA, 01562 | $590/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 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

More details about the property

Tucked away on a quiet dead-end street just minutes from the center of town, this 3-bedroom, 2-bath home offers both comfort and convenience! Features include a partially open layout, fresh vinyl flooring, newly carpeted stairs, and a new roof. The primary bedroom has its own bath, while the 2-car garage and unfinished basement provide ample storage and future possibilities. Enjoy the freshly painted back deck and the beautiful curb appeal each spring. Conveniently located near Routes 9, 31, and 49, with easy access to Route 20 and the Mass Pike, this home is ideal for commuters. Move-in ready and waiting for new owners!

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