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Akiya in Okinoshima, Shimane
$25,313For sale
¥4,000,000 · Built 2000 (26 yrs)

2DK Akiya in Okinoshima, Shimane

Building
97.5 m²
Land
84.93 m²
Size
29.5 坪
Layout
2DK
Access
最寄りのバス停から0.2km
Address
島根県隠岐郡隠岐の島町津戸

Description

現在入居中です. 内見. 引き渡し時期についてはお問い合わせください. 役場5.0km. 診療所5.0km. 保育所5.5km. 小学校5.5km. 中学校5.5km

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
¥61,000
≈ $386/mo
Est. annual rent
¥732,000
≈ $4,632/yr
Gross yield (post-reno)
6.2%
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: 97.5m² × ¥900/m²/mo × 0.7 age factor (Shimane) + ¥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.