Investment Property in Neyagawa City with Established Rental Income

This property is a three-story wooden house built in August 1980, located in Neyagawa City, Osaka Prefecture. It is an 11-minute walk from Kourien Station on the Keihan Main Line, offering convenient access to the train network. The property is currently tenanted, providing an immediate rental income stream. The monthly rent is 55,000 yen, generating an annual income of 660,000 yen and a gross yield of 12%.

The property features a 3DK layout with a total floor area of 84.19 square meters on a land plot of 53.28 square meters. It includes parking space for two or more vehicles at no extra cost, making it suitable for families or guests. The property utilizes city gas, which is relatively inexpensive and environmentally friendly.

Key equipment and features include a system kitchen, counter kitchen, IH cooking hob, gas hob, bath with reheating function, bathroom dryer, washbasin with shower, washlet toilet seat, walk-in closet, storage in all rooms, TV monitor intercom, and underfloor heating. The property is also noted as being all-electric, barrier-free, south-facing, and having parking included.

According to agent remarks, the property is located in a quasi-fire zone. Planned renovation work includes level adjustment work for the 2nd floor DK (floor CF finish). Past renovation history includes: conversion of the 3rd floor Japanese-style room to a Western-style room with level adjustment completed in March Reiwa 8; level adjustment work on the 3rd floor Japanese-style room in January Reiwa 8; conversion of the 2nd floor Japanese-style room to a Western-style room with level adjustment completed in January Reiwa 8; and replacement of tatami mats on the 1st and 2nd floors and installation of anti-slip strips on the stairs in July Reiwa 1.

Nearby facilities include Kuriya Elementary School (1,322m), Tomoroki Junior High School (1,584m), and Kourien Station (847m).