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Akiya in Nishi, Yamagata
$22,149For sale
¥3,500,000 · Built 1981 (45 yrs)

4DK Akiya in Nishi, Yamagata

Building
64.99 m²
Land
276.81 m²
Size
19.7 坪
Layout
4DK
Access
JR 左沢 Line 寒河江 Stn / 15 min by car
Address
山形県西村山郡河北町谷地字東

Description

物件の内覧(内見)を希望する場合は. 利用登録申込の手続きが必要です.

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). 山形県西村山郡河北町谷地字東

Investment snapshot

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

Est. monthly rent
¥37,000
≈ $234/mo
Est. annual rent
¥444,000
≈ $2,810/yr
Gross yield (post-reno)
5.1%
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: 64.99m² × ¥950/m²/mo × 0.6 age factor (Yamagata) + ¥5M 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.