EVERGREEN GARDENS SUB (PLATS) Homes with Lighting Exterior

EVERGREEN GARDENS SUB (PLATS) Homes with Lighting Exterior

Welcome to Evergreen Gardens Subdivision, a hidden gem nestled in the vibrant heart of Detroit City, Wayne County, Michigan. This charming community is more than just a place to live; it’s a lifestyle that embraces both comfort and convenience. Evergreen Gardens is characterized by its picturesque streets, well-maintained homes, and a strong sense of community, making it an ideal locale for families, professionals, and retirees alike.

One of the standout features of homes in Evergreen Gardens is their stunning exterior lighting. As the sun sets, the neighborhood transforms into a warm and inviting haven, with beautifully illuminated homes that create a magical atmosphere. The carefully designed outdoor lighting not only enhances the aesthetic appeal of each property but also ensures safety and security for residents and their guests.

Residents of Evergreen Gardens enjoy easy access to a variety of amenities, including parks, shopping centers, and dining options, all within a short drive or leisurely stroll. The subdivision is well-connected to major roadways, making commuting to downtown Detroit or surrounding areas a breeze. With its rich history, diverse culture, and an array of recreational activities, Detroit City offers something for everyone.

Whether you’re looking for a cozy starter home or a spacious family residence, Evergreen Gardens Subdivision provides a welcoming environment where neighbors become friends and memories are made. Come experience the charm of Evergreen Gardens, where your dream home awaits amidst the twinkling lights and vibrant community spirit.

Newest EVERGREEN GARDENS SUB (PLATS) Homes with Lighting Exterior

$175,000
3 Beds ⋅ 1 Baths ⋅ 20261040404 MLS ⋅ ACTIVE Status
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.

20201 Grandville Ave, Detroit

Courtesy of Keller Williams First 8105151503
Start Your Search