Investment Opportunity in Kaizuka: Renovated Rental Property with High Yield
This property presents a compelling investment opportunity as an owner-change property currently tenanted, offering a projected annual rental income of 900,000 yen and a high yield of 9.18%. Located in Kaizuka City, Osaka Prefecture, this detached house was originally built in February 1978 but has undergone significant renovations completed in June 2025. The property features a 3LDK layout, achieved by converting a second-floor Japanese-style room into a Western-style room, providing modern living spaces.
The comprehensive renovations included updates to the kitchen, bathroom, washbasin area, and water heater. Interior refurbishments feature new flooring, wall and ceiling wallpaper throughout all rooms, and interior doors. The property is equipped with separate bath and toilet, a reheating function for the bath, shower, high-temperature differential heating system, washstand, a washbasin vanity with shower, an open kitchen, storage space, and a dedicated indoor washing machine area. Utilities include city gas, electricity, and public water and sewage systems.
The land size is 81.34 sqm (approximately 24.6 tsubo) with a building area of 72.69 sqm (approximately 21.98 tsubo) spread over two floors. It includes a balcony and a garden, with the main exposure facing southwest. Parking is available at no extra cost. The property is situated in a quasi-industrial zone within a city planning area, with a building-to-land ratio of 60% and a floor area ratio of 200%.
The area of Kaizuka City offers a blend of residential and coastal living. An interesting local fact is that Kaizuka is home to the Kishiwada Danjiri Matsuri, a famous and thrilling festival known for its daring float-pulling ceremonies. The closest major tourist attraction is the scenic coastal area near the Niji-no-hama ("Rainbow Beach") station, providing access to Osaka Bay's waterfront vistas.
