Ishinomaki

Investment unit
post-image-25928
Description

This property is a two-story residential building, ideal for investors seeking high rental income. Comprising eight residential units, the property is currently rented, providing a stable and attractive return on investment of 15.27%. Situated in a quiet neighborhood, just a few minutes' walk from the train station, it offers convenient access to transportation. The wooden structure building was built in 1981 and is in good condition, which further enhances its value. This is an excellent opportunity for those looking for a revenue-generating property.

City Description

Ishinomaki, located in Miyagi Prefecture in northeastern Japan, is a city known not only for its port character but also for its unique history and culture. This place was painfully affected by the earthquake and tsunami in 2011; however, since then it has undergone an impressive transformation, becoming a symbol of rebuilding and rebirth. One of the major points of interest is the Ishinomaki Manga Museum, dedicated to the renowned manga creator Shōtarō Ishinomori, who was born here. The museum offers fascinating exhibitions related to his work and its impact on Japanese culture. Another interesting site is Sant Juan Bautista, a replica of a 17th-century ship that recalls the region's rich maritime history and early contacts between Japan and Europe. Surrounding Ishinomaki is beautiful nature, and the nearby island of Tashirojima, known as "Cat Island," attracts cat lovers from around the world. This island is famous for its large population of cats, which are considered to bring good luck. For those who prefer to connect with nature, a visit to Rikuchu Kaigan National Park is also recommended, offering spectacular coastal views and hiking opportunities. Ishinomaki is also a place that cherishes local culinary traditions. The city is famous for its seafood, particularly oysters and salmon, which are key elements in many dishes. The Ishinomaki fish market is an excellent place to try fresh seafood delights. Although Ishinomaki was affected by disaster, its community is determinedly rebuilding the city while simultaneously creating space for culture, history, and modern attractions. It is a place that inspires with its determination, demonstrating how the strength of spirit can lead to rebuilding and creating a better future.

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Price141 064 USD
Profitability15.27 %
Yearly profit21 540 USD
Monthly profit1795 USD
TypeInvestment unit
LocationIshinomaki