Neat cash-flow-positive investment flat, already rented, Jyväskylä

Bid here for a profitable investment flat at a low price! The flat is already let to a reliable tenant and the maintenance needs report shows no major renovations expected in the near future.

Flat:
The flat is a 63 m², top-floor three-room apartment with a balcony. The flat is in tidy condition as shown in the photos. There is a washing machine connection in the bathroom.

Company:
Asunto Oy Jyväskylän Helokantalot is a large, solvent housing company built in 1977. The company comprises 225 apartments and one commercial unit. A major renovation was carried out in 1994–1999, and since then repairs have been made as necessary. The latest maintenance needs report does not list any major works in the coming years. The company’s matters are well looked after by a professional property management office and an experienced board. The company’s finances are on a very sound footing – the cumulative surplus of the maintenance fund is nearly €68,000, the balance sheet financing position over €96,000 and cash according to the financial statements about €74,000. The maintenance charge is very modest at only €3.70/m².

City:

Jyväskylä is one of Finland’s fastest-developing cities, combining a stable rental market, a growing population and a strong educational hub. The city, with over 144,000 inhabitants, serves as the economic, education and service centre of Central Finland and attracts thousands of new residents each year – particularly young adults, students and the working-age population. The city is known for its wide range of educational opportunities. The University of Jyväskylä, the university of applied sciences and numerous secondary institutions ensure continuous demand for small and medium-sized rental flats. Students form a significant renter group, and turnover in rental flats is lively. Jyväskylä’s employment situation has developed positively, and the city has succeeded in attracting new companies and investments.

Micro-location:

The flat is located in Keltinmäki, a few kilometres from Jyväskylä city centre. The area has good basic services such as grocery stores, restaurants, a library, a daycare and a school. There are excellent outdoor opportunities – Kotalampi, the Kotalampi dog park, football and sports fields and extensive forests with trails offer great options for those who love nature and exercise. There are good transport connections to the city centre – a bus stop is about 100 metres from the flat.

Tenancy:

The flat is let to a family who are happy in the property. Rent has always been paid on time and no problems have arisen during the tenancy. The tenants’ credit records are in order. The tenancy is open-ended, effective from 1 August 2025. The rent is €550.00/month + service charges (water €30.00 per person/month ×4, electricity €34.65/month, sauna €15.00/month). The tenancy is secured by a cash deposit of €550.00, which will be transferred to the buyer at completion.

Yield:

After the maintenance charge the flat yields €316.90/month, giving €3,802.80 per year. At an auction price of €15,000.00 the rental yield is over 9% and the return on equity a substantial 25.4%! The rental still produces a positive cash flow after maintenance and financing charges of €33.60/month, which is €403.12/year. The flat carries a share loan of €26,968.65 (as of 31 January 2026), which allows entry to the property with a low purchase price. The financing charge has been recognised as income in the company’s accounts, which means the investor can deduct it in full for tax purposes!

Why this is a good investment?

✅ Well‑kept flat in a good location

✅ Growing, vibrant student city

✅ Well‑managed large housing company, no major works planned

✅ Already let to a reliable tenant

✅ Very low maintenance charge – only €3.70/m²

✅ Cash‑flow‑positive after all costs

✅ Tax benefit from the company loan for the investor

✅ Rental yield just over 9%

✅ Low purchase price → return on equity up to 25.4%!

Buy this profitable investment cheaply here! If you have any questions, please do not hesitate to contact us.