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20201 GRANDVILLE Avenue
Detroit MI 48219 US

$175,000

Active Listing ID 20261040404
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3 bed
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1,010 square feet
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1.00 Bath (1 Full)
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Lot: 0.14 Acres
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Single Family Residence

$175,000

Active Listing ID 20261040404
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20201 GRANDVILLE Avenue 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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Property Features

  • Facts
  • Lot Size: 0.14 Acres
  • Property Type: Residential
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 1
  • Exterior Finish: Lighting
  • Heating Fuels: Forced Air

Property

  • propertytype: Residential
  • propertysubtype: Single Family Residence
  • listprice: 175000
  • unparsedaddress: 20201 GRANDVILLE Avenue
  • postalcity: Detroit
  • stateorprovince: MI
  • country: US
  • postalcode: 48219
  • bathroomsfull: 1
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.14
  • lotsizeunits: Acres
  • lotsizearea: 0.14
  • livingarea: 1010
  • livingareaunits: Square Feet
  • latitude: 42.440593
  • longitude: -83.233543
  • listagentfullname: Anuj Chand
  • listagentemail: anuj@agentchand.com
  • listagentkey: 3yd-REALCOMPMI-377512
  • listagentmlsid: 377512
  • listagentpreferredphone: 8109086470
  • listagentofficephone: 8109086470
  • listofficekey: 3yd-REALCOMPMI-408710
  • listofficemlsid: 408710
  • disclaimer: Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: REALCOMPMI
  • yearbuilt: 1953
  • listingcontractdate: 2026-06-02
  • listagentfax: 8107714739
  • listagenturl: http://www.KWFirstgrandblanc.com
  • countyorparish: Wayne
  • parcelnumber: W22I088569C70
  • elementaryschooldistrict: Detroit
  • middleorjuniorschooldistrict: Detroit
  • highschooldistrict: Detroit
  • appliances: Dishwasher, Dryer, Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Washer
  • constructionmaterials: Brick
  • heating: Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • interiorfeatures: High Spd Internet Avail
  • exteriorfeatures: Lighting
  • architecturalstyle: Ranch
  • rooms: Basement, Bedroom 2, Bathroom 1, Bedroom 3, Bedroom 1
  • speciallistingconditions: Standard
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -83.23354, 42.440594
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"East Central, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"anuj@agentchand.com", "ListBrokerageCity":"Grand Blanc", "ListBrokerageCountry":"US", "ListBrokerageEmail":"klrw1094@kw.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/REALCOMPMI/4e597e91e1ce11e789cb0242ac11000a/20171215193518368.png", "ListBrokerageName":"East Central, LLC", "ListBrokeragePhone":"(810) 515-1503", "ListBrokeragePostalCode":"48439", "ListBrokerageStateOrProvince":"MI", "ListBrokerageUnitNumber":"Suite F", "ListBrokerageUnparsedAddress":"10785 S. Saginaw St.", "ListBrokerageWebsiteUrl":"http://www.KWFirstgrandblanc.com", "ListOfficeAddress1":"10785 S Saginaw St Suite F ", "ListOfficeAddress2":"Suite F", "ListOfficeBrokerMlsId":"408710", "ListOfficeCity":"Grand Blanc", "ListOfficeCountry":"US", "ListOfficeEmail":"frontdeskkw1@gmail.com", "ListOfficePostalCode":"48439", "ListOfficeStateOrProvince":"MI", "ListPriceCurrencyType":"USD", "ListingTitle":"SINGLE_FAMILY - Ranch - Detroit, MI", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/20201-Grandville-Ave_Detroit_MI_48219_M41942-84104?f=listhub&s=REALCOMPMI&m=20261040404&c=rexren", "MLSModificationTimestamp":"2026-08-04 15:21:20", "Neighborhoods":[{"Description":null, "Name":"EVERGREEN GARDENS SUB (PLATS)"}], "PostalCode":null, "RoomCount":6, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":1371, "TaxDescription":"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", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/4/2026 7:34:38 PM GMT
Source Updated Date: 8/15/2026 6:52:03 PM GMT

Courtesy of: Anuj Chand, Keller Williams First, anuj@agentchand.com

Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.