For SaleDetached HouseAkiya

Detached House in Okada 5-chome, Sennan-shi

Okada 5-chome, Sennan-shi, Osaka
Asking Price
¥4,000,000
Est. Gross Yield: 15.78%
Detached House in Okada 5-chome, Sennan-shi - 1/15
1 / 15

Executive Summary

This is a detached wooden two-story house built in June 1967, located in Okada 5-chome, Sennan-shi, Osaka. Transportation access includes a 7-minute walk from Okadaura Station on the Nankai Electric Railway Nankai Main Line and a 22-minute walk from Yoshiminosato Station on the same line. The building area is 78.2 sqm with a 5SDK layout, featuring separate bath and toilet, propane gas, public water supply, and public sewage. The registered land area is 73 sqm of ownership rights, situated in an urbanization promotion area designated as Category I Residential Zone (building-to-land ratio: 60%, floor area ratio: 200%). Located on a corner lot, the property fronts a 6.3m-wide public road on the northwest side, a 2m-wide public road on the north side, and a private road on the southeast side. It is currently vacant and ready for immediate handover. There is no parking space. Nearby facilities include a kindergarten/nursery (250m, 4-minute walk), an elementary school (381m, 5-minute walk), a police box/police station (391m, 5-minute walk), and a post office (665m, 9-minute walk), with AEON MALL Rinku Sennan approximately 1.2 km away.

Property Details

Building Area
78.2 ㎡
Layout
5SDK
5 bedrooms + storage room + dining kitchen
Structure
Wood
Built Year
1967
Floors
2 Floors
Earthquake Std.
Old Seismic Standard
Est. Annual Rent
¥630,000
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Vacant
Handover
Immediately

Land & legal restrictions

Land area
73.0 ㎡per land registry
Land rights
Freehold
Land category
Miscellaneous land
City planning area
Urbanization promotion area
Zoning
Category 1 residential zone
Building coverage / floor area ratio
60% / 200%
Road access
Northwest side Public road 6.3 m wide 11.9 m frontage / North side Public road 2 m wide 6 m frontage / Southeast side Private road 12 m frontage
Legal restrictions
建築基準法第22条指定区域、宅地造成等工事規制区域

Costs besides the price

Parking
None

Utilities & nearby

Gas
Propane gas
Water
Public water supply
Drainage
Public sewer
To elementary school
about 381 m
To junior high school
about 759 m

Please confirm the details in the explanation of important matters before purchase.

Location & Map

Investment Analysis

Est. Gross Yield15.78%

Calculated from an estimated rent. Actual rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
15.78%
Est. Net Yield
13.41%

Management and repair fees for this property are not available, so expenses are assumed to be 15% of rent.

Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥4,060,000+¥540,000¥600,00013.3%2.1%
2yr¥4,120,000+¥1,070,000¥1,190,00026.5%7.9%
3yr¥4,180,000+¥1,610,000¥1,790,00039.8%9.8%
4yr¥4,250,000+¥2,150,000¥2,390,00053.1%10.7%
5yr¥4,310,000+¥2,680,000¥2,990,00066.5%11.2%
6yr¥4,370,000+¥3,220,000¥3,590,00079.8%11.6%
7yr¥4,440,000+¥3,760,000¥4,200,00093.2%11.8%
8yr¥4,510,000+¥4,290,000¥4,800,000106.6%11.9%
9yr¥4,570,000+¥4,830,000¥5,400,000120%12%
10yr¥4,640,000+¥5,370,000¥6,010,000133.5%12.1%

This simulation is an estimate based on the inputs provided and does not guarantee future income or asset value. Actual results may vary due to market conditions, vacancy rates, and interest rates. Investment decisions are made at your own risk; we do not provide investment advisory or agency services.

CLOSING COSTS

Estimated Closing Cost Breakdown

Total Closing Costs (Est.)
¥501,000
Brokerage fee (special rule for properties of ¥8M or less: flat ¥300,000 plus consumption tax)¥330,000
Real Estate Acquisition Tax (est., rate varies by property type)¥70,000
Registration License Tax (title transfer)¥30,000
Stamp Duty (purchase agreement)¥1,000
Judicial Scrivener & Other Fees (est.)¥70,000

For properties of ¥8M or less, the brokerage fee is a flat ¥330,000 including tax under a special rule in the regulations (explained when you sign the brokerage agreement).

These are estimated costs. Property tax and other pro-rated amounts are calculated separately at closing.

Book from open times

Book a Private Viewing or Online Consultation

Choose from open times. Online consultations are confirmed right away and we send you a confirmation email. Live viewings from the property and in-person visits are confirmed after we check that the property can be viewed.

Apply online

Submit a Purchase Offer (LOI) for This Property

Send us your preferred price and closing timing. After you apply, you will move on to online identity verification (passport IC chip scan and proof of address) and electronic signing of the purchase agreement. You can follow the progress on My Page.

Identity verification under Japan's Act on Prevention of Transfer of Criminal Proceeds (online check and a code sent by international registered mail)
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