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

5DK Akiya in Otsuchi, Iwate

Building
110.96 m²
Land
330.6 m²
Size
33.6 坪
Layout
5DK
Access
三陸鉄道リアス Line 大槌 Stn / 5 min by car
Address
岩手県上閉伊郡大槌町大ケ口1丁目

Description

【交通】 町民バス:大ヶ口1丁目町営住宅前 徒歩3分 【備考】 ●現況渡し ●Parking available

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). 岩手県上閉伊郡大槌町大ケ口1丁目

Investment snapshot

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

Est. monthly rent
¥84,000
≈ $532/mo
Est. annual rent
¥1,008,000
≈ $6,379/yr
Gross yield (post-reno)
7.3%
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: 110.96m² × ¥950/m²/mo × 0.8 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.