20201 GRANDVILLE Avenue Detroit, MI $ 175,000
20201 GRANDVILLE Avenue
$ 175,000
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20201 GRANDVILLE Avenue

Detroit, MI, 48219
$ 175,000
Bedrooms3 Baths1.0 Sq 1,010

Monthly Estimate*

$ 1,105

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Single Family Home for sale in Detroit, MI

for $175,000 with 3 bedrooms and 1 full bath. This 1,010 square foot home was built in 1953 on a lot size of 0.14.

Currently rented at $2,700/month through May 2027, this strong cash-flow property offers investors immediate income, lease stability, and a rare monthly rent figure at this price point. The property produces $32,400/year in gross scheduled rental income, creating an attractive 18.5% gross rent-to-price return and a strong 1.54% monthly rent-to-price ratio before expenses. For DSCR buyers, the rent roll is especially compelling as the current rental income provides strong debt-service coverage potential. Final DSCR will depend on interest rate, taxes, insurance, and lender guidelines, but the income profile is exactly what cash-flow investors look for. The existing lease through May 2027 gives the next owner a clear runway of income without needing to immediately place a tenant, market the property, or absorb vacancy risk. That lease stability is a major advantage for buy-and-hold investors who want predictable performance from day one. This is the type of asset that checks the right boxes: strong monthly rent, tenant already in place, attractive gross return, DSCR-friendly income, and a lease term that supports long-term planning. Whether you are expanding your portfolio or looking for a high-income rental with immediate performance, this property deserves a serious look. Please do not disturb the tenant. Showings to be arranged through the proper channels.

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Single Family Active

Price

$ 175,000

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 1,371

Style

Ranch

Lot Size

0.14

Year Built

1953

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60998270

Features
Interior
Interior Amenities DSL Available
Basement Unfinished
Bedroom 3 Level Entry
Bedroom 1 Level Entry
Bedroom 2 Level Entry
Beds 3
Fireplace? No
Total Rooms 6
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General
Heating Forced Air
Kitchen Level Entry
Possession Subject To Tenant Rights
Water Public Water
Appliances Dishwasher Dryer Range/Oven Refrigerator Washer
Status Active Active
Full Baths 1
Half Baths 0
Bathrooms 1
Year Built 1953
Pets Allowed Yes
Subdivision EVERGREEN GARDENS SUB (PLATS) MI
Water Heater Gas
Style Ranch
County Wayne
Class RESIDENTIAL
Type Single Family
Ownership Private
Municipality Detroit
Sale/Rent For Sale
Status Detail 0
Structure Style 1 Story
Area Detroit (82001)
Primary City Detroit
Directions W 8 MILE RD TO GRANDVILLE 3 BLOCKS SOUTH OF 8 MILE
City Detroit
School District Detroit City School District
Financial Terms Cash Conventional FHA VA
Legal Description W GRANDVILLE 432 AND E 9 FT OF VAC ALLEY ADJ EVERGREEN GARDENS SUB L59 P92 PLATS W C R 22/613 46.07 X 135
DOM 92
Postal Code 48219
Price Per Sq Ft Total AG 173.27
Public Remarks Currently rented at $2 700/month through May 2027 this strong cash-flow property offers investors immediate income lease stability
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Exterior
Exterior Brick
Exterior Amenities Patio Porch
Frontage 46
Lot Size Area 0.14
Pool (Y/N) No
Lot Dimensions 46.00 x 135.00
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Anuj Chand

Listing Agent

Keller Williams First

Broker

anuj@agentchand.com

Email

Affordability Calculator

$1,219
Per Month
91%
9%
0%
Monthly Principal & Interest
$1,105
Monthly Property Taxes
$114
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
759604 Elementary School
760475 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/28/2026$155,000 -3.13% Price Down
6/29/2026$160,000 -5.88% Price Down
6/19/2026$170,000 -5.56% Price Down
6/2/2026$180,000 Listed Price

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20201 GRANDVILLE Avenue, Detroit, MI, 48219 is a Single Family Home for sale at $175,000 with 1,010 sqft and a lot size of 0.14. 20201 GRANDVILLE Avenue has 3 bedrooms, 1.0 baths, and was built in 1953. The property's zip code is 48219 which is in Detroit, MI