Investment Property in Oyabe City, Toyama: A Turnkey Single-Story House with Stable Income
This property is an owner-change (オーナーチェンジ) single-story house located in a quiet area near Isurugi Station in Oyabe City, Toyama Prefecture. The property is currently being rented, so the buyer can start receiving monthly rent of 35,000 yen immediately after purchase, making it a secure investment property. This owner-change system means you purchase the property with the tenant still living there and take over the lease agreement, generating rental income from day one and reducing the risk of vacancy. The annual expected rental income is 420,000 yen (35,000 yen x 12 months), offering a projected gross yield of approximately 15.0% relative to the sale price. This makes it an attractive option for those seeking a balanced investment with low initial capital.
The building is a 46-year-old single-story wooden structure with a total floor area of approximately 52 square meters. The single-story layout offers excellent convenience and accessibility for a wide range of ages, which is a strong point for rental demand. The interior consists of three separate rooms and a kitchen, suitable for single individuals to small families. The property is equipped with essential basic amenities for rental operation, including a separate bathroom and toilet, water and sewer connections, and propane gas. The surrounding area is well-equipped with daily living facilities: a convenience store is a 2-minute drive away, a 100-yen shop is a 7-minute drive, a drugstore is a 4-minute drive, a supermarket is a 5-minute drive, and Isurugi Station on the Ainokaze Toyama Railway is a 5-minute drive. This high level of living convenience suggests stable rental demand going forward. This property is ideal for those looking to start real estate investment with a small amount of capital and for those seeking a property that is already generating income.
