Investment Opportunity: Tenanted Detached House in Aisai City, Aichi Prefecture

This property presents a compelling investment opportunity as a tenanted detached house located in Aisai City, Aichi Prefecture. Currently occupied by tenants, it offers an immediate and stable income stream. The property boasts a land area of 152.06 square meters (approximately 45.99 tsubo) and a total building area of 80.73 square meters (approximately 24.42 tsubo). Built in July 1981, the two-story wooden structure features a 4DK layout, comprising four Western-style rooms and a dining-kitchen area, each measuring 6 tatami mats. The main source of natural light is from the southwest. The property includes parking space and a garden.

Key financial details highlight its investment appeal. The annual projected rental income is 432,000 yen, resulting in a high projected annual yield of 13.09%. The land rights are freehold (ownership), and the property is situated on residential land within an unclassified urban planning area. The building-to-land ratio is 60% with a floor area ratio of 200%. The land is flat and fronts a public road to the northeast with a width of 11.2 meters and a public road frontage of 9.5 meters. The property is subject to rebuilding restrictions.

The surrounding area of Aisai City offers convenient daily amenities. Supermarket Okameya is within a 385-meter walk, and a FamilyMart convenience store is approximately 1.4 kilometers away. The property is situated in a peaceful residential setting. An interesting fact about Aisai City is that it is part of the wider Chita Peninsula region, historically known for its agricultural production and scenic river landscapes. The closest major landmark is the historic and culturally significant Kiyosu Castle, located approximately 15 kilometers to the northeast, which played a pivotal role in the Sengoku period.