Three fully rented two-room apartments in Hollola with returns of over 10%
Three fully rented two-room apartments for sale at debt-free prices of €42,000 from a company that underwent renovation in 1994–1995. The apartments are in very good condition and the rental yield is 10.13–10.49%.
Debt-free price (per apartment) €42,000
Cash flow / month 354.40 – 367.32
Rental income 10.13–10.49%
Information about apartments
| Address | Setäläntie 1-5 |
|---|---|
| Apartment | 1 A 3, 5 A 2 & 5 A 3 |
| Type | 2h + k |
| Area | 48.5–58m2 |
| Rent | 546.77 – 569 |
| Maintenance fee | 179.45 – 214.60 |
| Status |
Free
|
Ready-to-rent two-room apartments with high rental income
- The building was renovated in 1994-1995, when the water pipes were also replaced. The company is completely debt-free.
- The property is located within easy reach of good transport links, only 1.5 km from the center of Hollola.
- Opportunity to purchase a bundle of three apartments
- All apartments are already rented and in good condition.
- The apartments have a really good rental yield of 10.13–10.49%!
- Return on equity up to 26.70–27.94% and cash flow up to €204.32/month with 70% financing*
*Loan calculated based on a 20-year loan period and a total interest rate of 3%. The equity requirement is €12,600 and the loan repayment including interest is €163/month in this calculation. Cash flow is calculated using the formula rent − maintenance charge − loan repayment = €204.32/month.
Hollolan Salvanpuisto Housing Company
- Name of housing company:Asunto Oy Hollolan Salvanpuisto
- Address of the housing company:Setäläntie 1–5, 15870 Hollola
- Property ID:098-455-0003-0313, 098-455-0003-0314
- Land ownership:Leased land, Municipality of Hollola
- Lease termination date:Plot 1 – January 1, 2040, Plot 2 – January 1, 2039
- Planning situation:Local detailed plan
- Year of completion:1969 & 1970
- Year of introduction:1969 & 1970
- Building and surface materials:Concrete / Brick
- Roof type:Gable roof
- Roofingmaterial:Sheet metal
- Heating system:District heating, water radiators
- Ventilation:Mechanical extraction
- Elevator:No
- Sauna in the building:Yes
- The housing company has:Outdoor equipment storage rooms, laundry rooms and drying rooms, and sauna facilities.
- Parking spaces:28 parking spaces, 16 garages
- Energy class:D2007
- Maintenance needs assessment completed:2025
- Number of residential units (units):48
- Total floor area of residential units:2,953.50 m²
- Loans for the housing company:€0
- Date of the housing company's loan:According to the date on the property manager's certificate
Maintenance needs assessment 2025–2029
- Roof inspection and, if necessary, cleaning and maintenance painting
- Cleaning and adjustment of ventilation ducts
- Condition survey of service pipes
- Maintenance painting/re-paneling of garage doors and wooden parts of facades
- Renovation of balcony surfaces at Setäläntie 1
Government report on maintenance and renovation work carried out in previous years
Setäläntie 1:
- 1995 – Renovation (contents included in maintenance needs assessment)
- 2011 – Windows and balcony doors replaced
- 2021 – Heating plant renovated (fixed-price 5-year heating contract signed with Lahden Energia)
- Temperature and humidity sensors installed in all apartments for remote monitoring
- Performing a fitness assessment
5 Setäläntie:
- 1994 – Renovation (contents included in maintenance needs assessment)
- 2009 – Windows and balcony doors replaced, balcony glazing installed
- 2020 – Sauna area renovated
- 2021 – Heating plant renovated (fixed-price 5-year heating contract signed with Lahden Energia)
- Temperature and humidity sensors installed in all apartments for remote monitoring
- Performing a fitness assessment
You can find more detailed information and materials about the housing company here.
Pictures of the apartments
Floor plans of apartments
Apartment condition points
| Average condition score for the apartment | 4 |
|---|---|
| Average surface area of apartment | 4 |
| Average condition of the kitchen | 3-4 |
| Average condition of bathrooms | 3-4 |
| 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
Real estate investor's return and loan calculator
Estimated loan amount (monthly)
Cash flow
Return on equity (ROE)
Required equity capital
Hollola as an investment destination
Hollola – a growing municipality next to Lahti
Hollola, a municipality with approximately 24,000 inhabitants in Päijät-Häme, offers residential investors a combination of peaceful living, growing development potential, and good transport connections. Its location just west of Lahti enables a smooth everyday life, but Hollola is also a vibrant and developing municipality in its own right, where investors can find good opportunities, especially for long-term cash flow investments.
Why invest in Hollola?
Reasonable price level – steady cash flow:The housing market in Hollola is clearly more affordable than in Lahti, but rental demand has remained stable, especially in the municipal center, Salpakangas, and Messilä areas. Moderate prices and good rentability enable reasonable returns without an overheated market.
Good accessibility to Lahti and surrounding areas:Hollola is part of the Lahti region, and many residents work in Lahti or other nearby municipalities. Fast transport connections, especially via the VT12 highway, and efficient local transport solutions also support rental housing – especially for those who want more affordable housing with good transport connections.
A family-friendly and attractive living environment:Hollola is known for its peaceful residential areas, good schools, and beautiful nature—for example, the Tiirismaa and Messilä outdoor recreation areas are popular throughout the Päijät-Häme region. This is particularly attractive to families and the older population, who typically have long-term tenancies.
Diverse demand and development trends:The municipality is growing steadily, and construction is particularly active in the vicinity of the municipal center. New detached and terraced houses are being built, and there is demand in the area for studio apartments, one-bedroom apartments, and family apartments. There is also a shortage of rental apartments in some areas.
Opportunity for short-term rentals in the Messilä area:The proximity of the Messilä ski resort and Vierumäki attracts tourists and event visitors. Especially during peak seasons, furnished apartments can be considered for short-term rentals, which can generate additional income alongside traditional rentals.
A safe and stable market for long-term investment:The housing market in Hollola is calmer than in growth centers, offering investors predictability and risk management—especially for those looking for long-term tenants and stable cash flow.
Hollola is a balanced choice for real estate investors: it does not offer rapid increases in value, but its location, affordability, and stability make it an attractive destination for long-term investors who value cash flow and predictability in the housing market.
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