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Akiya in Okinoshima, Shimane
$12,657For sale
¥2,000,000 · Built 1979 (47 yrs)

2DK Akiya in Okinoshima, Shimane

Building
62.96 m²
Land
251.34 m²
Size
19 坪
Layout
2DK
Access
最寄りバス停0.1km
Address
島根県隠岐郡隠岐の島町久見

Description

五箇支所8km 診療所5.8km 保育所7.2km 小学校7km 中学校7.2km

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). 島根県隠岐郡隠岐の島町久見

Investment snapshot

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

Est. monthly rent
¥34,000
≈ $215/mo
Est. annual rent
¥408,000
≈ $2,582/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: 62.96m² × ¥900/m²/mo × 0.6 age factor (Shimane) + ¥5M 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.