Profitable Investment Property in Ama City
A compelling investment opportunity awaits in Ama City's Shippo-cho district. This two-story wooden house, constructed in 1975, offers a practical 4DK layout and sits on a 105.69 square meter plot in a well-connected neighborhood.
Currently tenanted with a monthly rental income of ¥75,000, this property delivers an attractive yield of approximately 10%. Located just 4 minutes on foot from the Meitetsu Bus Shimonomorigo stop and 19 minutes from JR Kanie Station, the property benefits from established transport links.
The residence is positioned in an urbanization promotion area with a 200% floor area ratio and 60% building coverage ratio. Connected utilities include electricity, propane gas, and both water and sewerage systems. The western-facing property features a 6.6-meter frontage onto a 5.1-meter public road.
At ¥9 million, this income-producing asset represents a strategic investment in Aichi Prefecture's growing real estate market.
