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- Description
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Street View
$175,000
3 Beds
1 Bath1 full bath
1,010sqft
20201 Grandville Ave, Detroit, MI 48219 1411
$175,000
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Single Family Residence
Built in 1953
$-- HOA
6,098.4 sqft lot
$173/sq.ft
Description
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 t...
Continue Reading- Houzeo last checked: 47 minutes ago
- Listing updated: August 4, 2026 at 7:37 pm
- Listing Provided by: Anuj Chand (810) 908-6470 DRE #6501377512 | Keller Williams First (810) 515-1503
- Source: MiRealSource MLS-MI | MLS#: 60998270
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
1
County
City
Neighborhood
Year Built
1953
HOA Fees
-
Finished Area
1,010 sqft
Lot Size
6,098.4 sqft lot
Basement Area
- sqft
MLS Name
MiRealSource MLS
MLS Number
60998270
MLS Status
Active
Days on Market
63
Cumulative Days on Market
63
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
TREC: Info About Brokerage Services, Consumer Protection Notice.
§ 442‑H New York Standard Operating Procedure.
New York State Fair Housing Notice.
