33 Shepard Street, Bath, ME, 04530 | $707/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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33 Shepard Street, Bath, ME, 04530 | $707/mo Cash Flow | Ziffy

For Sale

Airbnb Potential

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 Bath at 33 Shepard Street, Bath, ME, 04530 earns $707/mo cash flow from $2,720/mo rent with a $1,561/mo payment. Total monthly income totals $2,720/mo, and annual cash flow totals $8,485/yr on $105,749 capital. ROI tracks 27.93% on current figures, and rental yield reads 10.23% at a $319,000 purchase. Equity gained on principal adds $2,058/yr, and 5% annual appreciation supports $88,134 over five years. Five-year ROI reaches 146.07% and total cumulative return in cash sums $154,465. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,720/mo property income instead of your personal income.

Single Family

Built in 1910

2,178 sqft lot

$N/A/sqft

No HOA

More details about the property

Charming Updated Home in Bath's South End This beautifully updated c.1910 home is perfectly situated in Bath's convenient South End, just minutes from downtown, the waterfront, and all the amenities this vibrant in-town location offers. Featuring 3 bedrooms and 1 full bathroom, this classic New England home blends convenience with thoughtful modern updates. Since its purchase in 2016, the current owner has made numerous improvements, creating a warm and inviting space ideal for year-round living or a weekend getaway. Step outside to enjoy the deck and a manageable yardperfect for relaxing, gardening, or entertaining. Whether you're looking to settle in the heart of Bath or invest in a move-in-ready property with timeless appeal, this home offers the perfect blend of convenience, many updates, and comfort.

Neighborhood Data

Neighborhood data shown for ZIP Code: 04530, Bath, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,152 (100%)
Owner Occupied HU	3,485 (56.6%)
Renter Occupied HU	1,955 (31.8%)
Vacant Housing Units	712 (11.6%)
Median Home Value	$374,912
Average Home Value	$480,148