$175,000
20201 GRANDVILLE Avenue
Detroit, MI, 48219
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.
Property Details
Price:
$175,000
MLS #:
20261040404
Status:
Active
Beds:
3
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Listed Date:
Jun 2, 2026
Finished Sq Ft:
1,010
Total Sq Ft:
1,010
Lot Size:
6,098 sqft / 0.14 acres (approx)
Year Built:
1953
Schools
School District:
Detroit
Interior
Appliances
Washer, Refrigerator, Range, Oven, Dryer, Dishwasher
Bathrooms
1 Full Bathroom
Heating
Forced Air
Exterior
Construction Materials
Brick
Exterior Features
Patio, Porch(es)
Stories
1
Financial
Taxes
$1,371
Mortgage Calculator
Map
Current real estate data for Single Family in Detroit as of Nov 04, 2026
3,894
Single Family Listed
139
Avg DOM
84
Avg $ / SqFt
$151,976
Avg List Price
Community
- Address20201 GRANDVILLE Avenue Detroit MI
- CityDetroit
- CountyWayne
- Zip Code48219
Subdivisions in Detroit
- Allendale
- ARDENWOOD
- Arthur Meyer Estate Subdivision
- Authur J Scullys Vogt Farms Sub
- B E TAYLORS SOUTHLAWN SUB NO 3 PLATS
- Bagley
- Baldwin Park Plats
- BartonMcFarland
- Berry Park
- Birwood Sub
- Blackstone Park
- BONAPARTE PARK PLATS
- Boston Blvd
- Cass Farms
- Charles Engel Plats
- Chas Bewicks Sub
- College Drive
- COOPERS LEIGH G CADIEUX SEVEN
- Detroit City
- DEXTER BLVD SUB PLATS
- DORANS LA SALLE BLVD ANNEX PLATS
- Drennan & Seldons Regent Park 1
- Dyers St Mary’s PLATS
- EAST DETROIT DEVELOPMENT COS NO 1
- EDWARD J MINOCKS PLATS
- FORD CONANT PARK PLATS
- FOX CREEK
- FRISCHKORNS ESTATES PLATS
- Frischkorns Grand-Dale
- FRISCHKORNS GRAND-DALE SUB
- Frischkorns Parkdale
- Garden Court
- GEO G EPSTEANS SEVEN MILE BLVD SUB PLATS
- GEORGE W OSBORNE’S SUB PLATS
- Graceland Subdivision
- GRAND PARK PLATS
- Grand River-Evergreen Park
- Grandmont
- Grosse Pointe Farms City
- Hamtramck City
- Happy Homes Sub
- Harrah & Sosnowskis Hamtramck
- Highland Park City
- Indian Village
- J W Lathrups Lawrence & Collingwood Aves
- Kiefer Homes Sub
- Kramers Phillip
- LINWOOD PARK SUB PLATS
- Lodewyck 1
- Lyndale Sub
- Martin Park
- Mc Dougall Farm Sub Of Blk 10
- Monnier Heights Thomas W Wards
- Monnier-College Park
- Morningside
- North Rosedale
- Palmer Blvd Estates
- Pleasant Homes/Morningside area
- PLUMERS SUB PLATS
- Potters Sub Of Pt Of P C 390
- Riverside Boulevard
- Roseland Park
- Rouge Outer Drive Also Pg 83
- Rouge Park Sub
- Rugby
- Schoenherrs Home Sub
- SHADY LAWN SUB NO 1
- Shoreline East Condo
- Shorepointe Village
- SITERLET ESTATES
- Sloans Park Drive
- ST MARTINS PLATS
- State Fair-Nolan
- STORMFELTZ-LOVELEY CO SUB
- Strathmoor
- The Garden Add 2
- The Lofts at Rivertown
- The Partner Land Subdivision
- The Partners Land Subdivision
- Town Square Cooperative
- Village Square Condominums
- WARRENDALE PARKSIDE PLATS
- Wayne City
- Wayne county condo Plan 919 Garden Lofts
- Wayne County Condo Sub Plan 687 L37283 P83-127
- WAYNE CTY CONDO 435CAMPAU FARMS IN ELMWOOD PARK
- WD MARTIN & FAIRCHILDS
- WEST WARREN PARK
- Wildemere
- Woodbridge
- WOODLAND PLATS
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Property Summary
- 20201 GRANDVILLE Avenue Detroit MI is a Single Family for sale in Detroit, MI, 48219. It is listed for $175,000 and features 3 beds, 1 baths, and has approximately 1,010 square feet of living space, and was originally constructed in 1953. The current price per square foot is $173. The average price per square foot for Single Family listings in Detroit is $84. The average listing price for Single Family in Detroit is $151,976.

20201 GRANDVILLE Avenue
Detroit, MI

