Investment Opportunity in Daito City: A Compact Wooden House with Strong Rental Yield
This property presents a compelling investment opportunity in Daito City, Osaka Prefecture. Listed at 5.8 million yen, this two-story wooden house, built in December 1972, offers a total floor area of 43.35 square meters on a 34.97 square meter plot. The current layout is a 3DK, and the property is tenanted, providing immediate rental income. The agent highlights a strong surface yield of approximately 6%, with annual rental income of 348,000 yen. The property is conveniently located within a 7-minute walk (549m) of Shijo Elementary School and features a 20-minute walk to Nozaki Station on the JR Katamachi Line.
Translated agent notes on equipment and features reveal a well-equipped home. The kitchen includes a system kitchen, counter kitchen, and an IH cooktop. The bathroom features a reheating function, a bathroom dryer, a washbasin with a shower, and a washlet toilet. Indoor amenities consist of a walk-in closet, storage in all rooms, a TV monitor-equipped doorphone, and underfloor heating. Key property characteristics include all-electric power, barrier-free design, a south-facing orientation, and on-site parking. The property is connected to city gas and sewer systems.
The surrounding area of Daito City offers a blend of suburban convenience and access to the wider Osaka region. An interesting local fact is that Daito City is home to the Shijonawate Gakuen, a large educational institution with a famous baseball team. For a major tourist attraction, residents can easily access Osaka's iconic sights, such as the historic Osaka Castle, a magnificent fortress surrounded by parklands and moats, which is approximately a 40-minute train ride away.