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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 4 days ago
$ 397,000
ROI
23.4
Cash Flow/m
397- 2 Bed
- 2 Bath
- 1620 sft
15 Cedar Sq Unit 15, Millis, MA, 02054
Listed for sale 7 days ago
$ 419,900
ROI
29.9Cash Flow/m
1180- 3 Bed
- 2 Bath
- 1566 sft
283 Orchard St, Millis, MA, 02054
$ 419,000
ROI
25.4Cash Flow/m
653- 3 Bed
- 2 Bath
- 1782 sft
1032 Main St APT 6, Millis, MA, 02054
$ 429,900
ROI
24.5Cash Flow/m
566- 2 Bed
- 2 Bath
- 1473 sft
28 Key St #28, 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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