$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 Aug 05, 2026
3,882
Single Family Listed
134
Avg DOM
84
Avg $ / SqFt
$148,940
Avg List Price
Community
- Address20201 GRANDVILLE Avenue Detroit MI
- CityDetroit
- CountyWayne
- Zip Code48219
Subdivisions in Detroit
- A W Chase Lincoln Highway Sub.
- ARDENWOOD
- ARTHUR J SCULLYS VOGT FARM NO 1
- Authur J Scullys Vogt Farms Sub
- B E TAYLORS SOUTHLAWN SUB NO 3 PLATS
- BERNART & FISCHERS SUB
- Berry Park
- BONAPARTE PARK PLATS
- Boston Blvd
- Boston Edison
- Boston-Edison
- CENTER TOWN AND CARRIAGE HOMES NORTH
- COLLEGE VIEW
- COOPERS LEIGH G CADIEUX SEVEN
- DET ROYAL GARDENS PLATS
- Detroit City
- Detroit Golf
- DORANS LA SALLE BLVD ANNEX PLATS
- EAST DETROIT DEVELOPMENT COS NO 1
- Eastern Heights Land Companys Sub 1
- Eastern Heights Land Cos Sub
- EDISON HEIGHTS
- Elmwood Park Urban Renewal Plat 1
- EMERSON MANOR PLATS
- ENGEL CHARLES NO 1
- FRISCHKORNS ESTATES PLATS
- Frischkorns Grand Dale 5
- GEO G EPSTEANS SEVEN MILE BLVD SUB PLATS
- GEO W RENCHARDS COLLEGEDALE SUB PLATS
- Graceland Subdivision
- GRAND PARK PLATS
- Grandmont
- Greenwich Park 1
- GREENWICH PARK SUB
- Grosse Pointe City
- Grosse Pointe Farms City
- Groveland
- Hamtramck City
- Harrah & Sosnowskis Hamtramck
- HENDRIES
- Highland Park City
- HITCHMANS LITTLE FARMS
- Howell-Mack Euclid Ave Sub
- Lahser Ave Super
- LEBOTS
- LINWOOD PARK SUB PLATS
- Log Cabin Heights subdivision
- Lothrop Est Co Ltd Lots 135 thru 184
- Lyndale Sub
- Marygrove Drive
- Mc Laughlin Bros
- MONNIER HEIGHTS THOS W WARDS
- Northville City
- Palmer Blvd Estates
- Parkers Resub
- Pingree Park
- PLUMERS SUB PLATS
- Plymouth
- Rosedale Park
- ROSEDALE PARK PLATS
- Rosedale Park Sub No. 9
- Roseland Park
- Rosemary Seven Mile Dr Plats
- Rouge Park Sub
- Russell Woods
- Russell Woods Subdivision
- Shorepointe Village
- Skrzycki Konczal
- Southfield gate
- SOUTHFIELD WOODS PLATS
- St Peter & Paul Sub 1
- SUNBEAM HEIGHTS
- Sunset Manor
- The Partner Land Subdivision
- The Partners Land Subdivision
- Voigt Park Sub
- WARRENDALE PARKSIDE PLATS
- Wayne City
- WAYNE CTY CONDO 435CAMPAU FARMS IN ELMWOOD PARK
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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 $148,940.

20201 GRANDVILLE Avenue
Detroit, MI

