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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Millis, MA
Listed for sale 3 days ago
$ 350,000
ROI
19.9
Cash Flow/m
9- 2 Bed
- 1 Bath
- 890 sft
698 Main St #B, Millis, MA, 02054
$ 325,000
ROI
30.9Cash Flow/m
1012- 2 Bed
- 2 Bath
- 1164 sft
663 Main St Unit 663, Millis, MA, 02054
$ 365,000
ROI
21.8Cash Flow/m
203- 2 Bed
- 1 Bath
- 1343 sft
702 Main St #E, Millis, MA, 02054
$ 379,888
ROI
21.5Cash Flow/m
179- 2 Bed
- 2 Bath
- 1580 sft
18 Cedar Sq Unit 18, Millis, MA, 02054
Why Invest in Millis, Massachusetts?
Investing in real estate under $500K in Millis, MA offers a unique opportunity to enter a stable market with strong appreciation potential. This filter highlights affordable properties ideal for investors seeking solid rental yields, averaging around 6%. The area boasts an average cap rate of 5.5% and a typical cash flow of $450 monthly, supported by a healthy renter-occupied rate of 38%. Millis combines suburban charm with access to Boston's job market, making it attractive for long-term growth.
7%
Avg. ROI
6%
Rental Yield
5.5%
Cap Rate
$450/mo
Avg. Cash Flow
$1600/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Most properties under $500K in Millis include single-family homes, townhouses, and smaller multi-family units, ideal for entry-level investors focusing on rental income.
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