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Akiya in Obanazawa, Yamagata
$27,971For sale
¥4,420,000 · Built 1972 (54 yrs)

7DK Akiya in Obanazawa, Yamagata

Building
210.8 m²
Land
665.86 m²
Size
63.8 坪
Layout
7DK
Access
JR 奥羽 Main Line 大石田 Stn / 車4.4km
Address
山形県尾花沢市新町2丁目

Description

市役所1.1km 病院0.7km 消防署0.5km 警察署0.5km 郵便局1km 保育園0.4km 小学校1.3km 中学校0.4km 公園0.5km スーパー0.8km

View original listing on the akiya bank ↗

出典:全国版空き家・空き地バンク(アットホーム運営)

Location

Approximate location (street-level geocoded via 国土地理院). 山形県尾花沢市新町2丁目

Investment snapshot

An indicative long-term rental estimate — to compare listings, not an appraisal.

Est. monthly rent
¥68,000
≈ $430/mo
Est. annual rent
¥816,000
≈ $5,164/yr
Gross yield (post-reno)
5.8%
solid
⚠ At this price the property almost certainly needs major renovation before it can rent — the yield above already folds in an estimated renovation budget. The raw price-only yield would look far higher but isn't achievable until that work is done.

Basis: ≤120m² × ¥950/m²/mo × 0.6 age factor (Yamagata) + ¥10M est. renovation. Gross yield = annual rent ÷ (price + est. renovation), before tax, vacancy, and management. Regional rent rates are conservative order-of-magnitude medians (public rent surveys), not a guarantee — rural demand can be thin. Always validate locally before relying on any figure.

Hazard & due diligence

Japan has real flood, landslide, and earthquake exposure that varies street by street. Check the official government hazard maps for this exact location before buying.

Sources: 重ねるハザードマップ (国土地理院) · J-SHIS (防災科研). Always confirm with the seller and municipality.