Family home for sale in Vantaa with over 10% rental yield
This property offers up to €280/month cash flow with 70% financing at a very competitive price.
Debt-free price €75,000
Cash flow / month €696.42
Rental income 10.24
Information about the apartment
| Address | Southeast Passage 4 |
|---|---|
| Apartment | A 26 |
| Type | 3h + k |
| Floor | 6 |
| Area | 82.5m2 |
| Rent | 1009,92 € |
| Maintenance fee | 313,5 € |
| Financial compensation | 112.2* |
| Plot | My own |
| Status |
Reserved
|
*NOTE: A corporate loan of €6,558.80 is being allocated to the apartment due to the facade and balcony renovation carried out in 2024. The debt-free price of the apartment after the company loan allocation is €81,558.88. The financing charge for this is €112.2 per month.
Rental income has been calculated after corporate loan allocation.
Over 10% rental yield on a family home in Vantaa
- Highly competitive pricing – Debt-free price of only €75,000
- This family home in Mikkola is ideally located: schools and daycare centers are only 150 meters away.
- The housing company has undergone extensive renovations, most recently including the facade and balconies.
- Cash flow up to €280/month with 70% financing*
*Loan calculated with a 20-year loan period and a total interest rate of 3.5%. The loan repayment including interest is €304/month in this calculation. Cash flow is calculated using the formula: rent + maintenance charge + financing charge + loan repayment = €280/month.
Renovations completed:
- 2024:Installation of balcony glazing, balcony and facade repairs, element sealing
- 2023:Installation of water-saving nozzles, repainting of parking spaces
- 2021:Installation of deep collection waste containers
- 2018:Roof (Building B)
- 2017:Roof (Building A)
- 2016:Replacement of heat exchanger
- 2015:Roof condition survey, installation of skirting boards in stairwells
- 2014:Replacement of children's playground swings
- 2009:Lock replacement, asphalt replacement in the courtyard, replacement of the dryer in the drying room in staircase B
- 2008:Fixed-term renovation
- 2007:Renovation of saunas and washrooms
- 2006:IV cleaning and adjustment
- 2002:Renovation (extensive renovation, including refurbishment of the facade and balconies, replacement of windows and doors, yard work, and painting of stairwells)
- 2000:Renovation of the yard
- 1996:Renovation of bitumen roofing (B building)
- 1995:Renovation of bitumen roofing (A building), renovation of element joints
Future repairs and maintenance (2024–2028):
- Condition survey and flushing of drainage pipes, if necessary
- Inspection and repair of yard areas and pavements
- Condition inspection of windows and exterior doors
- Renovation of lighting fixtures in common areas
- Renovation of network cellars
- LVV fitness test
- Checking electrical and information systems
- Renewal of locks
- Renovation of saunas in buildings A and B
You can find more detailed information and materials about the housing company here.
Photos of the property for sale
Floor plan of the apartment
Apartment condition points
| Average condition score for the apartment | 3 |
|---|---|
| Average surface area of apartment | 3 |
| Average condition of the kitchen | 3 |
| Average condition of bathrooms | 3 |
| Description | Condition | Impact on re-renting |
| 1 | Broken and requires immediate replacement or repair. | This will likely affect re-renting. |
| 2 | Clear signs of wear, but still usable. | May affect re-renting. |
| 3 | In habitable condition and meets the tenant's needs. | Unlikely to affect re-rental. |
| 4 | Very neat and in good condition. | Unlikely to affect re-rental. |
| 5 | In new condition. | Does not affect re-renting. |
The condition scores for each living space are averages based on detailed condition scores for the different rooms in the apartment. Check out the detailed condition scores for the apartment in the apartment materials!
Location of the destination on the map
Vantaa as an investment city
Vantaa – a growing investment destination in the capital region
Vantaa, the fourth largest city in the Helsinki metropolitan area, offers diverse opportunities for residential investors. With over 240,000 residents, the city is known for its excellent transport connections, diverse economic structure, and continuous development. Vantaa's strategic location near the airport, good public transport connections, and growing services create a stable foundation for real estate investment.
Why choose Vantaa for real estate investment?
- Excellent transport connections:Vantaa's location close to Helsinki-Vantaa Airport and efficient train and bus connections make it an easily accessible city. In addition, the Ring Rail Line speeds up travel in the capital region.
- A growing city:Vantaa's population is growing steadily, which increases demand for rental apartments. The city's investments in the development of new residential areas create new investment opportunities.
- Diverse economic structure:Vantaa has a strong business community that offers jobs for professionals in various fields. The logistics and service sectors are particularly significant employers.
- Reasonable prices:The housing market in Vantaa often offers more competitive prices compared to central Helsinki, which enables good rental returns.
- Service development:Vantaa is constantly investing in the development of services, making the city an even more attractive place to live. New shopping centers, schools, and recreational opportunities are increasing the area's appeal.
- Potential for value appreciation:The appeal of the capital region and the ongoing development of Vantaa create favorable conditions for long-term value appreciation of apartments.
Vantaa offers real estate investors the opportunity to benefit from the growth of the capital region and the city's diverse offerings. Stable rental income, a developing city, and good transport connections make Vantaa an attractive option for both experienced and novice investors.
I would like to discuss the destination
"*" indicates mandatory fields
Aarne Urvas
Pasi Suojala
Other apartments for sale
1h + kitchenette
·
Kehätie 5,
Nurmijärvi
Free
Debt-free price €40,000
Fully furnished studio apartment with high rental income in Nurmijärvi
Cash flow €301
Rental income 9.03%
Would you like to be notified when a new investment property becomes available?
We publish new investment apartments for sale every week. If you would like to receive immediate notification of new investment apartments for sale by email, please subscribe to our apartment alert service by filling out the form below.
Apartments sell within a few days on average, so it is advisable to order an investment apartment alert and act quickly.
"*" indicates mandatory fields