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Akiya in Okinoshima, Shimane
$12,657For sale
¥2,000,000 · Built 1925 (101 yrs)

6DK Akiya in Okinoshima, Shimane

Building
150.58 m²
Land
215.08 m²
Size
45.6 坪
Layout
6DK
Access
最寄りのバス停から0.5km
Address
島根県隠岐郡隠岐の島町津戸

Description

強風時. 雨漏りする箇所あり. 給湯機器が故障しています. 役場5.0km. 隠岐病院4.5km. 保育所5.0km. 小学校5.0km. 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津戸

Investment snapshot

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

Est. monthly rent
¥54,000
≈ $342/mo
Est. annual rent
¥648,000
≈ $4,101/yr
Gross yield (post-reno)
5.6%
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: ≤120m² × ¥900/m²/mo × 0.5 age factor (Shimane) + ¥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.