20201 Grandville Avenue
Detroit, Michigan 48219
3
Bed
1
Bath
1,010Sqft
0.14Acre(Lot)
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 Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 3Bathroom Information
Total Baths: 1 Full Baths: 1 -
Room Information
Total Rooms: 6 Porches: Patio,PorchInterior Features
High Spd Internet Avail Basement Description: Unfinished Appliances: Dishwasher,Dryer,Free-Standing Gas Oven,Free-Standing Gas Range,Free-Standing Refrigerator,Washer -
Heating & Cooling
Heating: Forced Air Heating Fuel: Natural GasWater Heater
Natural Gas
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Building Information
Year Built: 1953 Building Stories: 1 Story Foundation/Basement: Basement Architecture: Ranch -
Exterior Features
Lighting Construction: Brick -
Utility Features
Sewer: Sewer (Sewer-Sanitary) -
Water
Public (Municipal) Water Heat: Natural Gas
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Lot Information
Lot Size: 0.14 Lot Dimensions: 46.00 x 135.00 Frontage Feet: 46 -
Property Information
SQ ft: 1010 Subdivision: EVERGREEN GARDENS SUB (PLATS) Financing: Cash,Conventional,FHA,USDA Loan (Rural Dev),VA
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Listing Price Information
Original List Price: $180,000 -
Listing Information
Possession: Subject To Tenant Rights 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
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Tax Information
Annual Tax: $1,371 Parcel Number: W22I088569C70 -
Possession
Subject To Tenant Rights -
Legal Information
Legal Description: Section: 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
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Parking Information
Garage Size: No Garage -
Multi-Unit Information
Road Frontage: Paved
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School Information
School District: Detroit -
Utility Information
Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 19171 Glastonbury Road , Detroit, MI, 48219 | $69,999 | 2 | 1 | 739 | 739 SqFt |
| 18418 Heyden Street , Detroit, MI, 48219 | $134,900 | 2 | 1 | 865 | 865 SqFt |
| 18400 Lenore , Detroit, MI, 48219 | $75,000 | 3 | 2 | 748 | 748 SqFt |
| 20540 Sunderland Road , Detroit, MI, 48219 | $215,000 | 3 | 1.5 | 1,112 | 1,112 SqFt |
| 16524 Rosemont Avenue , Detroit, MI, 48219 | $219,900 | 4 | 2.5 | 2,286 | 2,286 SqFt |
| 18246 Ashton Avenue , Detroit, MI, 48219 | $115,000 | 3 | 1 | 1,380 | 1,380 SqFt |
| 16712 Glastonbury Road , Detroit, MI, 48219 | $264,900 | 4 | 2 | 1,880 | 1,880 SqFt |
| 18522 Rosemont Avenue , Detroit, MI, 48219 | $60,000 | 2 | 1 | 866 | 866 SqFt |
| 16713 Glastonbury Road , Detroit, MI, 48219 | $240,000 | 3 | 1.5 | 1,998 | 1,998 SqFt |
| 19329 Ashton Avenue , Detroit, MI, 48219 | $138,999 | 3 | 1.5 | 954 | 954 SqFt |
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ByOwner last updated this listing 08/12/2026 @ 22:11
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