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Akiya in Toyone, Miyagi
$41,134For sale
¥6,500,000 · Built 1988 (38 yrs)

8K Akiya in Toyone, Miyagi

Building
199.9 m²
Land
510.37 m²
Size
60.5 坪
Layout
8K
Access
JR 東北 Main Line 瀬峰 Stn / 19 min by car
Address
宮城県登米市南方町山成前

Description

南方庁舎• 道の駅みなみかた1.5km 南方中学校1km 南方小学校• 南方幼稚園1.4km 南方公民館0.7km セブンイレブン南方支所前店1km 登米市民病院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). 宮城県登米市南方町山成前

Investment snapshot

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

Est. monthly rent
¥109,000
≈ $690/mo
Est. annual rent
¥1,308,000
≈ $8,277/yr
Gross yield (post-reno)
8.1%
high (verify!)
⚠ 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 × ¥1300/m²/mo × 0.7 age factor (Miyagi) + ¥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.