36 Shepard Lane, Wells, ME, 04090 | $477/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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36 Shepard Lane, Wells, ME, 04090 | $477/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 Wells at 36 Shepard Lane, Wells, ME, 04090 listed at $494,900 pairs $3,600/mo rent with a $2,422/mo payment to leave $477/mo cash flow. Total monthly income runs $3,600/mo, and annual cash flow reaches $5,723/yr on $164,059 cash to close. Return on cash invested measures 23.4% in year one, and rental yield registers 8.73% at a $494,900 basis. Equity gained on principal adds $3,194/yr, and annual property appreciation at 5% supports $136,732 by year five. Five-year ROI tracks 121.69% and total cumulative return in cash totals $199,647. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,600/mo property income relative to a $2,422/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1975

0.50 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this inviting 4-bedroom, 1-bathroom raised ranch-style home, ideally situated just minutes from the highway for easy commuting and access to all that coastal Maine has to offer. Nestled in a peaceful neighborhood in Wells, this property offers the perfect blend of comfort, convenience, and outdoor enjoyment. Step inside to find a bright and spacious eat-in kitchen, perfect for casual family meals or entertaining guests. The home's layout is both functional and flexible, with ample room for living and working from home. The four bedrooms offer plenty of space for family, guests, or a home office. Outside, enjoy your morning coffee or evening relaxation on the side deck, or gather with friends around the beautiful backyard firepit, surrounded by mature trees and a sense of privacy. Whether you're looking for a full-time residence, seasonal getaway, or investment opportunity, this well-maintained raised ranch offers great value in a prime locationjust a short drive to beaches, restaurants, shopping, and local attractions. Don't miss your chance to own a slice of Southern Maine charmschedule your private showing today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 04090, Wells, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,925 (100%)
Owner Occupied HU	4,746 (47.8%)
Renter Occupied HU	719 ( 7.2%)
Vacant Housing Units	4,460 (44.9%)
Median Home Value	$545,665
Average Home Value	$587,209