Traditional Japanese House in Moji-ku, Kitakyushu, Fukuoka Prefecture | Owner Change, 10% Gross Yield

Traditional Japanese House in Moji-ku, Kitakyushu, Fukuoka Prefecture

This is a traditional Japanese house in Dairihigashi, Moji-ku, Kitakyushu, Fukuoka Prefecture. It is offered for sale with a change of owner and is currently rented for ¥40,000 per month.

Price and Rental Status

The asking price is ¥4.8 million. Rent is ¥40,000 per month, and annual rental income is ¥480,000. The listing states a gross yield of 10%. Dividing the annual rental income of ¥480,000 by the asking price of ¥4.8 million gives a yield of 10%.

Floor Plan and Area

The floor plan is listed as “4LDK or more.” The area is 74.41 m², but the information does not specify whether this is the building area or the land area.

Price Negotiation

A modest price reduction may be negotiable.