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$31,642For sale
¥5,000,000 · Built 1968 (58 yrs)

4DK Akiya in Hofu, Yamaguchi

Building
96.53 m²
Land
977.43 m²
Size
29.2 坪
Layout
4DK
Access
JR 山陽 Main Line 防府 Stn / 車4.9km
Address
山口県防府市大字牟礼

Description

農地法3条の許可申請が必要です. (宅地:327.43平方メートル. 田:650平方メートル) 別途. 未登記附属建物があります. 法令等制限:農地法届出要

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). 山口県防府市大字牟礼

Investment snapshot

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

Est. monthly rent
¥55,000
≈ $348/mo
Est. annual rent
¥660,000
≈ $4,177/yr
Gross yield (post-reno)
5.2%
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: 96.53m² × ¥950/m²/mo × 0.6 age factor (Yamaguchi) + ¥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.