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Akiya in Kinokawa, Wakayama
$31,642For sale
¥5,000,000 · Built 1961 (65 yrs)

6DK Akiya in Kinokawa, Wakayama

Building
115.92 m²
Land
341.07 m²
Size
35.1 坪
Layout
6DK
Access
JR 和歌山 Line 打田 Stn / 2 min walk
Address
和歌山県紀の川市打田
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). 和歌山県紀の川市打田

Investment snapshot

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

Est. monthly rent
¥58,000
≈ $367/mo
Est. annual rent
¥696,000
≈ $4,405/yr
Gross yield (post-reno)
4.9%
modest
⚠ 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: 115.92m² × ¥1000/m²/mo × 0.5 age factor (Wakayama) + ¥9M 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.