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Akiya in Miyako, Iwate
$23,415For sale
¥3,700,000 · Built 1982 (44 yrs)

6DK Akiya in Miyako, Iwate

Building
92.57 m²
Land
710 m²
Size
28 坪
Layout
6DK
Access
JR 山田 Line 陸中川井 Stn / 車11km
Address
岩手県宮古市小国第20地割

Description

【物件番号6-12】 ※賃貸可能(賃貸の場合は月額3.3万円) Total units: 1

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). 岩手県宮古市小国第20地割

Investment snapshot

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

Est. monthly rent
¥53,000
≈ $335/mo
Est. annual rent
¥636,000
≈ $4,025/yr
Gross yield (post-reno)
5.7%
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: 92.57m² × ¥950/m²/mo × 0.6 age factor (Iwate) + ¥7M 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.