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Akiya in Okinoshima, Shimane
$9,492For sale
¥1,500,000 · Built 1965 (61 yrs)

4DK Akiya in Okinoshima, Shimane

Building
115.53 m²
Land
519.51 m²
Size
34.9 坪
Layout
4DK
Access
最寄りのバス停から2.0km
Address
島根県隠岐郡隠岐の島町岬町中の津の四

Description

シロアリ被害. 雨漏りが見受けられます. 役場4.5km. 隠岐病院5.0km. 保育所4.2km. 小学校4.0km. 中学校5.0km

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). 島根県隠岐郡隠岐の島町岬町中の津の四

Investment snapshot

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

Est. monthly rent
¥52,000
≈ $329/mo
Est. annual rent
¥624,000
≈ $3,949/yr
Gross yield (post-reno)
5.8%
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: 115.53m² × ¥900/m²/mo × 0.5 age factor (Shimane) + ¥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.