7 Mill St UNIT 7, Arlington, MA, 02476 | 3.79% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

7 Mill St UNIT 7, Arlington, MA, 02476 | 3.79% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
3 Bath
2680 sft

107 Waverly St, Arlington, MA, 02476

4 Bed
2 Bath
1741 sft

305 Park Ave, Arlington, MA, 02476

3 Bed
2 Bath
1886 sft

119 Gloucester St, Arlington, MA, 02476

3 Bed
3 Bath
2248 sft

141 Renfrew St, Arlington, MA, 02476

Nearby investment properties with comparable prices

2 Bed
3 Bath
2274 sft

10 Waterville Ln #10, Hopkinton, MA, 01748

3 Bed
2 Bath
1464 sft

170 West St, Needham, MA, 02494

1 Bed
2 Bath
937 sft

20 Kinmonth Rd #308, Waban, MA, 02468

3 Bed
2 Bath
1464 sft

170 West St UNIT 170, Needham Heights, MA, 02494

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Arlington at 7 Mill St UNIT 7, Arlington, MA, 02476 generates $3,120/mo in rent, after a $4,841/mo payment. Total monthly income is $3,120/mo. Return on cash invested sits at 8.58% in year one, and rental yield is 3.79% on a $989,000 entry. Equity gained on principal adds $6,382/yr, while 5% annual appreciation builds toward $273,242 over five years. Five-year ROI reaches 42.19% and total cumulative return in cash sums $137,286. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,120/mo property income rather than buyer’s personal income.

Townhouse

Built in 2005

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to Heritage Square! This exquisitely updated 3 bed, 2.5 bath townhouse in the heart of Arlington Center has it all! The sun-filled open concept living/dining area features new recess lighting, gas fireplace, accent wall & is freshly painted throughout. Eat-in kitchen w/ new appliances in '23, backsplash, refinished cabinets & 1/2 bath. The primary suite on the 2nd floor updated with custom walk-in closet, trey lighting & bath w/ new shower doors, quartz top vanity, faucets, mirrors & towel warmer. Custom built-in closet system on the 2nd floor with washer & dryer. Newly carpeted stairs to the 3rd floor leads to two additional bedrooms & full bath. 2 car direct entry garage, storage & updated systems in '24/'25. Newly painted ext. & prof. managed assoc. Walk to the bike path, library, coffee shops or to evening dining! From the eye-catching Beacon Hill style exterior, to the professionally designed interior, be prepared to move-in & let someone else handle the snow this winter!

Neighborhood Data

Neighborhood data shown for ZIP Code: 02476, Arlington, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,542 (100%)
Owner Occupied HU	5,089 (67.5%)
Renter Occupied HU	2,176 (28.9%)
Vacant Housing Units	277 ( 3.7%)
Median Home Value	$937,898
Average Home Value	$1,028,271