Investment Opportunity: Single-Story Home in Kaso, Saitama
This property presents a compelling investment opportunity as an owner-change property in the form of a single-story house. The property is currently tenanted, generating a projected annual rental income of 600,000 yen, which translates to a high surface yield of 16.21%. The layout is a 3DK, featuring three Japanese-style rooms and a sunroom, offering a traditional living environment. The total building area is 101.02 sqm (approximately 30.55 tsubo), situated on a land plot of 160.51 sqm (approximately 48.55 tsubo).
Key equipment and features include propane gas, electricity, running water, and a septic tank. A special note clarifies that maintenance costs for the septic tank are the responsibility of the tenant. The property is located in a quiet residential neighborhood. The building is a wooden structure, built in November 1983, and is a single-story (平屋) design. The land is designated as residential land in a non-line-delineated urban planning area with no specific use district, and has a building-to-land ratio of 60% and a floor area ratio of 200%.
The area of Kaso City in Saitama offers a blend of rural tranquility and accessibility. An interesting local fact is that Kaso City is historically known for its production of kazunoko (herring roe), a traditional New Year's delicacy in Japan. The closest major landmark is the historic Koga Castle, located in the neighboring city of Koga, Ibaraki, which was a significant fortress during the Sengoku period and now features a reconstructed keep and peaceful park grounds.
