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Akiya in Miyako, Iwate
$31,642For sale
¥5,000,000

11DK Akiya in Miyako, Iwate

Building
99.17 m²
Land
316.47 m²
Size
30 坪
Layout
11DK
Access
JR 山田 Line 千徳 Stn / 4 min by car
Address
岩手県宮古市千徳町

Description

①建築年月は明治16年1月. ②工場内に作業機材の残置あり. ③車庫に廃車2台あり. ④物置は附属建物として登記済み(倉庫• 土蔵造• 2階建• 33.04m²). ⑤工場裏に井戸あり. 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). 岩手県宮古市千徳町

Investment snapshot

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

Est. monthly rent
¥75,000
≈ $475/mo
Est. annual rent
¥900,000
≈ $5,695/yr
Gross yield (post-reno)
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: 99.17m² × ¥950/m²/mo × 0.8 age factor (Iwate) + ¥8M 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.