Rented, cash-flow-positive three-room flat with up to 38% return on equity, Jyväskylä

Bid here for a profitable buy-to-let at a low price! The flat is already let to a good tenant and the maintenance survey shows no major renovations are expected in the near future.

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

Housing company: 
Asunto Oy Jyväskylän Helokantalot is a large, financially sound company built in 1977. It comprises 225 residential units and one commercial unit. An extensive basic renovation was carried out in 1994–1999 and repairs have been made as needed since. The most recent maintenance survey does not list major renovations for the coming years. The company’s affairs are well looked after by a professional property manager and an experienced board. The company’s finances are on a very solid footing – the cumulative surplus of service charges is nearly €68,000, the balance sheet financing position is over €96,000 and cash reserves have been around €74,000. The service 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 education cluster. With over 144,000 residents, the city is the economic, educational and service centre of Central Finland and attracts thousands of new residents each year – especially young adults, students and working-age people. The city is particularly known for its wide range of educational institutions. The University of Jyväskylä, the university of applied sciences and numerous secondary institutions ensure steady demand for small and medium-sized rental properties. Students form a significant tenant group and turnover of rental flats is active. Jyväskylä’s employment situation has developed positively, and the city has succeeded in attracting new businesses and investments.

Micro-location:

The flat is located in Keltinmäki a few kilometres from Jyväskylä city centre. The area offers good basic services such as supermarkets, restaurants, a library, a kindergarten and a school. There are excellent outdoor opportunities – Kotalampi, the Kotalampi dog park, football and sports fields and extensive forests with paths provide great options for nature and exercise lovers. There are good transport links to the city centre – the bus stop is about 100 metres from the flat.

Tenancy:

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

Yield:

The flat generates €316.90 per month after the service charge, i.e. €3,802.80 per year. At a bid price of €10,000 the gross yield exceeds 10% and the return on equity is a hefty 38%! Positive cash flow from the rent after service and financing charges is €33.60 per month, which is €403.12 per year. The apartment carries a housing company loan of €26,968.65 (as of 31 January 2026), enabling entry at a low purchase price. The financing charge has been recognised in the company’s accounts, which means the investor can deduct it in full for tax purposes!

Why this is a good investment?

✅ Well-maintained flat in a good location

✅ Developing, vibrant student city

✅ Well-managed large housing company with no major renovations planned

✅ Already let to a reliable tenant

✅ Very low service charge, only €3.70/m²

✅ Cash-flow-positive after all costs

✅ Tax benefit of the housing company loan for the investor

✅ Rental yield of over 10%

✅ Low purchase price –> return on equity up to 38%!

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