Investment Opportunity in Funabashi: A Tenanted 3K House with Strong Yield

This property is a two-story wooden house located in the quiet residential neighborhood of Kowakamacho, Funabashi City, Chiba Prefecture. Built in September 1977, the house offers a 3K layout with a total floor area of 43.88 sqm (approximately 13.27 tsubo) on a generous land plot of 145.82 sqm (about 44.11 tsubo). The property is situated in a Category I Low-Rise Residential Exclusive Zone, ensuring a peaceful living environment. It features three car parking spaces (subject to vehicle type) and benefits from a front road approximately 6 meters wide, contributing to a sense of openness.

Key features of the interior include good natural light, with all living rooms designed for two-sided lighting, and a bathroom and washroom with windows for easy ventilation. The property is currently tenanted, and the lease agreement must be transferred to the new owner. The current annual rental income is 708,000 yen, with an assumed yield of 7.1% based on the asking price of 9.9 million yen. It is important to note the agent's remarks: The yield is calculated as the ratio of annual rental income (including common service fees) to the sales price, before deducting taxes, public charges, and other necessary maintenance expenses. The assumed rent and yield are calculated based on market rents, adding rent for vacant spaces and assuming full occupancy. Furthermore, rental income is not guaranteed to be reliably obtained in the future. (Survey date: -).