Under $500K Investment Properties for Sale in Millis, MA
Listed for sale 6 days ago
$ 499,900
ROI
26.9
Cash Flow/m
998- 3 Bed
- 1 Bath
- 1894 sft
339 Plain St, Millis, MA, 02054
$ 465,000
ROI
25.8Cash Flow/m
777- 3 Bed
- 1 Bath
- 824 sft
160 Farm St, Millis, MA, 02054
$ 350,000
ROI
19.9Cash 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
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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