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$31,642For sale
¥5,000,000 · Built 1937 (89 yrs)

7DK Akiya in Hofu, Yamaguchi

Building
264.47 m²
Land
1873.56 m²
Size
80 坪
Layout
7DK
Access
JR 山陽 Main Line 富海 Stn / 10 min walk
Address
山口県防府市大字富海

Description

農地法3条許可が必要です. リフォーム必要(シロアリ被害あり) 地目:畑• 宅地 宅地:771.56平米 畑:1102平米 Total units: 1 法令等制限:農地法届出要

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). 山口県防府市大字富海

Investment snapshot

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

Est. monthly rent
¥57,000
≈ $361/mo
Est. annual rent
¥684,000
≈ $4,329/yr
Gross yield (post-reno)
4.7%
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: ≤120m² × ¥950/m²/mo × 0.5 age factor (Yamaguchi) + ¥10M 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.