5K Akiya in Matsue, Shimane

Building: 71.27 m²
Land: 394.35 m²
Size: 21.6 坪
Layout: 5K
Access: JR 山陰 Main Line 松江 Stn / 45 min walk
Address: 島根県松江市奥谷町295-17

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). 島根県松江市奥谷町295-17

Investment snapshot

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

Est. monthly rent

¥38,000

≈ $240/mo

Est. annual rent

¥456,000

≈ $2,886/yr

Gross yield (post-reno)

7.4%

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: 71.27m² × ¥900/m²/mo × 0.6 age factor (Shimane) + ¥6M 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.

🌊 Flood / landslide map ↗🏚 Earthquake risk (J-SHIS) ↗📍 Street View ↗

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.

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