Investment Property with High Yield in Saijo, Ehime
This property is a two-story wooden house built in December 1958, currently tenanted and available for immediate purchase. The total land area is 216.24 sqm (approximately 65.41 tsubo) with a building area of 88.22 sqm (approximately 26.68 tsubo). The layout is a spacious 6DK, comprising six Japanese-style rooms (two 6-jo, one 4.5-jo), three Western-style rooms (two 4.5-jo, one 6-jo), and a 6-jo dining kitchen. The property is situated in a commercial zone with a building-to-land ratio of 80% and a floor area ratio of 400%. The land is flat and has road frontage to the southwest.
According to the agent's notes, this is presented as an investment property with a high projected annual yield of 20.84%. The annual scheduled rental income is 396,000 yen. The property comes with a parking space. The agent's special remarks note that the floor plan may be subject to change based on the actual condition of the property. The transaction type is seller representation.
The property is located in Saijo City, Ehime Prefecture, a short 8-minute walk from Mibugawa Station on the Yosan Line. Saijo is famously part of the Nishiseto Expressway route and is known for its clear water, which supports local sake brewing. The area offers convenient access to the Seto Inland Sea National Park, a stunning coastal park perfect for scenic drives and outdoor activities.
