116 Shepherd Lane, Portland, ME, 04103 | $201/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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116 Shepherd Lane, Portland, ME, 04103 | $201/mo Cash Flow | Ziffy

For Sale

Listed for sale 6 days ago

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 Portland at 116 Shepherd Lane, Portland, ME, 04103 at $489,000 posts ROI 21.4% with $201/mo cash flow from $3,287/mo rent. Total monthly income equals $3,287/mo, and annual cash flow records $2,415/yr on $162,104 to close. Return on cash invested measures 21.4% and rental yield reads 8.07% at the current $489,000. Equity gained on principal adds $3,155/yr, and 5% annual appreciation supports $135,102 by year five. Five-year ROI prints 111% and total cumulative return in cash totals $179,938.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,287/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1996

0.28 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to 116 Shepherd Lane! Nestled in the highly desirable North Deering neighborhood, this sun-drenched gem offers exceptional convenience while being tucked far enough away to enjoy peaceful, nature-filled surroundings. Spacious and versatile, this home provides room to growand endless possibilities to make it your own. Looking for expansion potential? Finish the basement for additional living space or explore adding a two-car garage, perhaps with a bonus room above. The options are truly limitless. And the backyard? EPIC. Step into your own summer oasis featuring an in-ground pool, expansive deck, custom stone fireplace, and an optional hot tubperfect for relaxing evenings or hosting unforgettable gatherings with friends and family. Opportunities like this in North Deering under $500K don't come along often. Don't miss your chancethis one won't last!

Neighborhood Data

Neighborhood data shown for ZIP Code: 04103, Portland, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,823 (100%)
Owner Occupied HU	8,387 (56.6%)
Renter Occupied HU	5,673 (38.3%)
Vacant Housing Units	763 ( 5.1%)
Median Home Value	$521,898
Average Home Value	$606,743