Pre-leased two-room apartment in Mukkula, Lahti, with a staggering 14.61% return
A fully rented two-room apartment for sale in an excellent location in Mukkula, Lahti, just over a kilometer from the university campuses! Rental yield 14.61% and with a 70% loan-to-value ratio, the return on equity for this property is a truly impressive 41.63%.
Debt-free price €30,000
Cash flow / month 365
Rental income 14.61
Information about the apartment
| Address | 2 Timonkatu |
|---|---|
| Apartment | C 23 |
| Type | 2 hours + month |
| Area | 42m2 |
| Rent | 550 € |
| Maintenance fee | 184 € |
| Status |
Reserved
|
Pre-leased two-room apartment in Mukkula, Lahti, with a return of nearly 15%
- Neat apartment, already rented out
- The apartment has a rental yield of 14.61% and a calculated cash flow of €365.
- Excellent location close to universities, stable rental demand
- Comprehensive services and public transport connections in the surrounding area
- Line renovation completed in 2010
- Lahti is a growing city that offers excellent potential for investors.
- Return on equity up to 41.63% and cash flow €249.20/month with 70% financing*
*Loan calculated at a loan-to-value ratio of 70% (debt capital €21,000.00). Loan repayment including interest in this calculation is €116.00/month. Cash flow is calculated using the formula: rent – maintenance charge – loan repayment = €249.20/month. Return on equity (41.63%) is calculated on the basis of €9,000.00 in self-financing.
Timontalot Housing Association
General information
- Name of housing company:Asunto Oy Timontalot
- Property ID:398-7-7100-1, 398-7-7100-2
- Land ownership:Leased (City of Lahti)
- Annual rent for the plot:€12,005.92
- The lease term for the plot ends on:May 31, 2030
- Planning situation:Local detailed plan
- Year of introduction:1967
- Building and surface materials:Concrete
- Roof type:Gable roof
- Roofing material:Felt
- Heating system:District heating
- Ventilation:Mechanical extraction
- Elevator:No
- Sauna in the building:Yes
- The building has:laundry room, attic storage, cold storage, mangle, outdoor storage
- Parking spaces:30 outdoor parking spaces, 22 garage spaces
- Energy class:D2018
- Energy certificate validity period:May 8, 2035
- Maintenance needs assessment completed:2025
- Asbestos survey:The property was completed before 1994, and no asbestos survey has been conducted.
- Number of residential units (units):66
- Total floor area of residential units:4,029 m²
- Loans for the housing company:€0
- Date of the housing company's loan:January 20, 2026
Renovations carried out in the housing company
- 1990– South and west facades painted
- 1995– Roof felt replaced
- 1999– North and east facades painted
- 2002– Garage doors panelled
- 2003– Windows and balcony doors replaced
- 2010– Facades repaired
- 2010– LVISA line renovation
- 2011– Locking serialized
- 2011– Exhaust air ducts cleaned and exhaust air valves adjusted
- 2012– Playground built and electric car charging stations replaced
- 2013– Lighting installed in the parking area
- 2014– Exterior doors of main entrances replaced and garage doors painted
- 2016– New ladders installed in both houses
- 2019– Fire alarm system for house 2
- 2022– Replacement/renewal of replacement air valve filters
- 2022– Cleaning of exhaust air ducts and adjustment of exhaust air valves
- 2023– Fire alarm system replaced in building 1
Maintenance needs assessment
- 2025– Fire alarms in apartments
- 2025– Condition survey of facades and balconies
- 2025– Project plan for facades and balconies (including replacement of windows and roof)
- 2026– Renovation of facades and balconies, and replacement of windows and roofs
- 2029– Design and implementation of charging stations for electric and hybrid cars
Pictures of the apartment
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 | 3,5 |
| 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
Lahti as an investment city
Lahti – A dynamic investment city in the heart of growing Southern Finland
Lahti, Finland's eighth largest city, is a lively and developing center that offers diverse opportunities for residential investors. With a population of over 120,000, the urban area provides a solid foundation for housing demand, and Lahti's location in the middle of Southern Finland's growth corridor reinforces its position as an attractive investment destination. The city's diverse services, strong industrial heritage, and investments in green technology make it a unique combination of tradition and future prospects.
Why choose Lahti for real estate investment?
Lahti is a city that leaves no one cold. Its excellent transport connections to Helsinki and elsewhere in Finland make it an ideal location for both work and leisure. The city's continuous development is reflected in the emergence of new residential areas, businesses, and services, which creates a stable foundation for housing demand and rental income. Lahti is also known for its active cultural and sporting life, which attracts residents and increases the city's appeal. Lahti's affordable housing offers a wide range of options, from new developments to renovated apartments, so every investor is sure to find a property that suits their budget and goals. Lahti is a city that pulsates with life and offers real estate investors the opportunity to be part of its success story.
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Kalle Lax
Aarne Urvas
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