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Akiya in Okinoshima, Shimane
$12,657For sale
¥2,000,000 · Built 1971 (55 yrs)

3DK Akiya in Okinoshima, Shimane

Building
67.79 m²
Land
160.92 m²
Size
20.5 坪
Layout
3DK
Access
最寄りバス停0.1km
Address
島根県隠岐郡隠岐の島町中町出雲結の上

Description

町役場2.1km 診療所1.5km 保育所1.5km 小学校0.3km 中学校1km

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中町出雲結の上

Investment snapshot

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

Est. monthly rent
¥37,000
≈ $234/mo
Est. annual rent
¥444,000
≈ $2,810/yr
Gross yield (post-reno)
6%
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: 67.79m² × ¥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.