Investment Opportunity in Toyoake: A Renovated Rental Property with Strong Returns
This property presents a compelling investment opportunity as an owner-change property currently under a stable rental contract. The listing highlights an impressive annual scheduled rental income of 816,000 yen, yielding a projected return of 10.19%. The two-story wooden house, built in February 1969, underwent a significant interior renovation in November 2023, which included new flooring such as laminate, enhancing its appeal and condition.
Translated from the agent's notes, the property's equipment includes storage in all rooms, closets, city gas, electricity, running water, and a sewer system. The special remarks reiterate the key selling points: this is an owner-change property, it is currently tenanted, and it offers a 10.19% yield. The layout is a spacious 6DK, comprising one Japanese-style room (6 tatami mats), and five Western-style rooms of 7.5, 7, 6, 6, and 6 tatami mats respectively, plus a 6.5-mat dining kitchen.
