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Street View
$175,000
Monthly Est:$871
3 Beds
1 Bath1 full bath
1,010sqft
20201 Grandville Ave, Detroit, MI 48219
$175,000
$871/moEst:
Get Pre-Approved
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: 4 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
108
Cumulative Days on Market
63
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathroom: 1
Interior
Interior Features
Dsl Available
Heating
Natural Gas, Forced Air
Appliances
Dishwasher, Dryer, Range/oven, Refrigerator, Washer, Gas Water Heater
Construction
Year Built
Year Built: 1953
Home type
Single Family Residence
Foundation Details
Basement
Construction Materials
Brick
Architectural Style
Ranch
Utilities & Energy
Basement
Unfinished
Water Source
Public
Other Features
Patio And Porch Features
Patio, Porch
Disclosures
Signed Disclosure
Subdivision Name
Evergreen Gardens Sub (plats)
Price History
| Date | Event | Price |
|---|---|---|
08/04/2026 Source: | Listed for Sale | $175,000 +9110.53% $173/sqft |
08/03/2026 Source: | Off Market | $1,900 -98.77% $2/sqft |
07/28/2026 Source: | Price Increased | $155,000 +8057.89% $153/sqft |
07/17/2026 Source: | Listed for Sale | $1,900 +18.75% $2/sqft |
07/07/2026 Source: | Sold | $1,600 -5.88% $2/sqft |
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O'Hair Park Ranks #128 in Detroit, MI
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Based on information from MiRealSource through Sep 19, 2026, 06:15AM . All information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Provided through IDX via MiRealSource, Inc. Courtesy of MiRealSource Shareholder. © 2026 MiRealSource. All Rights Reserved.
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
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New York State Fair Housing Notice.
