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For sale
  • Price increase: $20K (8/4)
    $175,000

    20201 Grandville Ave, Detroit, MI 48219

    3beds
    1,010sqft
    : 
    $1,553/mo
    Get pre-qualified
    Single Family Residence
    Built in 1953
    6,098 Square Feet Lot
    $174,100 Zestimate®
    $173/sqft
    $-- HOA

    What's special

    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.
    64 days
    |
    267
    |
    27
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Anuj Chand 810-908-6470,

    Keller Williams First 810-515-1503

    Source: Realcomp II,MLS#: 20261040404MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      Primary bedroom
      • Level: Entry
      • Area: 120
      • Dimensions: 10 X 12
      Bedroom
      • Level: Entry
      • Area: 100
      • Dimensions: 10 X 10
      Bedroom
      • Level: Entry
      • Area: 110
      • Dimensions: 10 X 11
      Other
      • Level: Entry
      Kitchen
      • Level: Entry
      • Area: 108
      • Dimensions: 9 X 12
      Living room
      • Level: Entry
      • Area: 272
      • Dimensions: 16 X 17
      Heating
      • Forced Air, Natural Gas
      Appliances
      • Included: Dishwasher, Dryer, Free Standing Gas Oven, Free Standing Gas Range, Free Standing Refrigerator, Washer
      Features
      • High Speed Internet
      • Basement: Full,Unfinished
      • Has fireplace: No
      Interior area
      • Total interior livable area: 1,010 sqft
      • Finished area above ground: 1,010

      Property

      Parking
      • Parking features: No Garage
      Features
      • Levels: One
      • Stories: 1
      • Entry location: GroundLevelwSteps
      • Patio & porch: Patio, Porch
      • Exterior features: Lighting
      • Pool features: None
      Lot
      • Size: 6,098 Square Feet
      • Dimensions: 46.00 x 135.00
      Details
      • Parcel number: W22I088569C70
      • Special conditions: Short Sale No,Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Brick
      • Foundation: Basement, Brick Mortar, Poured
      Condition
      • New construction: No
      • Year built: 1953
      • Major remodel year: 2025

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: EVERGREEN GARDENS SUB (PLATS)
      HOA
      • Has HOA: No
      Location
      • Region: Detroit

      Financial & listing details

      • Price per square foot: $173/sqft
      • Tax assessed value: $16,606
      • Annual tax amount: $1,371
      • Date on market: 6/2/2026
      • Cumulative days on market: 64 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA,Usda Loan,Va Loan

        Estimated market value

        $174,100

        $165,000 - $183,000

        $1,373/mo

        Price history

        DateEventPrice
        8/4/2026Price change$175,000+12.9%$173/sqft
        Source: Realcomp II #20261040404 Report a problem
        7/28/2026Price change$155,000-3.1%$153/sqft
        Source: Realcomp II #20261040404 Report a problem
        6/29/2026Price change$160,000-5.9%$158/sqft
        Source: Realcomp II #20261040404 Report a problem
        6/19/2026Price change$170,000-5.6%$168/sqft
        Source: Realcomp II #20261040404 Report a problem
        6/2/2026Listed for sale$180,000-2.7%$178/sqft
        Source: Realcomp II #20261040404 Report a problem
        9/24/2025Listing removed$185,000$183/sqft
        Source: Realcomp II #20251006289 Report a problem
        6/7/2025Listed for sale$185,000+23.3%$183/sqft
        Source: Realcomp II #20251006289 Report a problem
        6/3/2025Listing removed$1,700$2/sqft
        Source: Zillow Rentals Report a problem
        5/22/2025Listed for rent$1,700$2/sqft
        Source: Zillow Rentals Report a problem
        5/22/2025Listing removed$1,700$2/sqft
        Source: Zillow Rentals Report a problem
        4/28/2025Listing removed$149,999$149/sqft
        Source: Realcomp II #20250001537 Report a problem
        3/31/2025Listed for rent$1,700-5.6%$2/sqft
        Source: Zillow Rentals Report a problem
        1/30/2025Price change$149,999-6.3%$149/sqft
        Source: Realcomp II #20250001537 Report a problem
        1/10/2025Price change$159,999-11.1%$158/sqft
        Source: Realcomp II #20250001537 Report a problem
        1/8/2025Listed for sale$180,000+218.6%$178/sqft
        Source: Realcomp II #20250001537 Report a problem
        12/9/2024Sold$56,500+41.3%$56/sqft
        Source: Public Record Report a problem
        9/13/2024Listing removed$1,800$2/sqft
        Source: Zillow Rentals Report a problem
        8/29/2024Price change$1,800-10%$2/sqft
        Source: Zillow Rentals Report a problem
        8/17/2024Listed for rent$2,000$2/sqft
        Source: Zillow Rentals Report a problem
        2/4/2021Listing removed--
        Source: Realcomp II #2200092111 Report a problem
        1/12/2021Pending sale$40,000$40/sqft
        Source: St Jude Realty #2200092111 Report a problem
        1/12/2021Listed for sale$40,000$40/sqft
        Source: St Jude Realty #2200092111 Report a problem
        12/7/2020Pending sale$40,000$40/sqft
        Source: Realcomp II #2200092111 Report a problem
        12/1/2020Listed for sale$40,000+60%$40/sqft
        Source: St Jude Realty #2200092111 Report a problem
        1/31/2016Listing removed$25,000$25/sqft
        Source: Owner Report a problem
        11/2/2015Listed for sale$25,000+321.9%$25/sqft
        Source: Owner Report a problem
        1/13/2012Sold$5,926$6/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $44,200 +27%
        2024-- $34,800 +22.1%
        2023-- $28,500 +25%
        2022-- $22,800 +11.2%
        2021-- $20,500
        2020$1,809 +53.1%$20,500 +26.5%
        2019$1,181 $16,200 +15.7%
        2018$1,181 $14,000 +3.7%
        2017-- $13,500 -19.6%
        2016$2,204 $16,800
        2015$2,204 +5.1%$16,800 -19.9%
        2013$2,097 -4.9%$20,970 -31.8%
        2010$2,204 $30,745 -18%
        2009-- $37,494 -14%
        2008-- $43,598 -3.5%
        2007-- $45,179 +5.5%
        2005$266 $42,824 +3%
        2004-- $41,577 +109.1%
        2001$1,294 $19,886
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: O'Hair Park

        Getting around

        55 / 100
        Somewhat Walkable
        46 / 100
        Some Transit
        37 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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