Investment Property in Fujimi City, Saitama
This property is a two-storey wooden house located in Kamiminamihata, Fujimi City, Saitama Prefecture. It is being offered as an owner-change property, meaning it is currently tenanted and will generate rental income for the new owner immediately after transfer. The property has a land area of 48.84 square meters and a building area of 27 square meters, with an unregistered extension. The layout is a 2LDK.
The property underwent a major renovation in 2019, with a total investment of approximately 3 million yen. The water and plumbing areas were renovated by professional contractors, while the interior finishing was carried out by the owner and friends. This has resulted in a clean and updated living space despite the building's age. The property is currently rented out under a 'pets allowed' condition, which has helped secure stable, long-term tenancy and reduced vacancy risk.
The asking price is 4,500,000 yen. The current monthly rent is 59,000 yen, yielding a gross return of approximately 15.7%. This price point makes it suitable for first-time investors in detached houses or for those looking to increase cash flow. The property is located in a quiet suburban area of Fujimi City, with access to large shopping malls like Lalaport Fujimi nearby. As the property is currently occupied, interior inspections are not possible; only the exterior can be viewed. The building was constructed in 1967.
