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Akiya in Miyako, Iwate
$25,313For sale
¥4,000,000 · Built 1972 (54 yrs)

6SK Akiya in Miyako, Iwate

Building
113.04 m²
Land
285.87 m²
Size
34.2 坪
Layout
6SK
Access
三陸鉄道リアス Line 払川 Stn / 3 min by car
Address
岩手県宮古市津軽石第10地割

Description

売却価格は. 上記土地建物のほか. 宅地280.13m². 雑種地30m². 雑種地328m²および居宅119.55m²(木造2階建 1階80.63m² 2階38.92m²)を含む金額. 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). 岩手県宮古市津軽石第10地割

Investment snapshot

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

Est. monthly rent
¥64,000
≈ $405/mo
Est. annual rent
¥768,000
≈ $4,860/yr
Gross yield (post-reno)
5.9%
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: 113.04m² × ¥950/m²/mo × 0.6 age factor (Iwate) + ¥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.