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Akiya in Oshu, Iwate
$18,669For sale
¥2,950,000 · Built 1963 (63 yrs)

4DK Akiya in Oshu, Iwate

Building
109.75 m²
Land
1196.69 m²
Size
33.2 坪
Layout
4DK
Access
JR Tohoku Shinkansen 水沢江刺 Stn / 25 min by car
Address
岩手県奥州市江刺米里字本小路

Description

下水道を使用するには. 浄化槽の設置が必要です. (補助金あり) With farmlandです. 農地の取得にあたり. 農業委員会の手続きが必要になります. 家具. 家財が入っています; 一部現状引渡しになります.

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). 岩手県奥州市江刺米里字本小路

Investment snapshot

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

Est. monthly rent
¥52,000
≈ $329/mo
Est. annual rent
¥624,000
≈ $3,949/yr
Gross yield (post-reno)
5.3%
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: 109.75m² × ¥950/m²/mo × 0.5 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.