EVERGREEN GARDENS SUB (PLATS) Homes with One Architecture Level

EVERGREEN GARDENS SUB (PLATS) Homes with One Architecture Level

Welcome to Evergreen Gardens Subdivision, a hidden gem nestled in the heart of Detroit City, Wayne County, Michigan. This charming community is renowned for its serene atmosphere, tree-lined streets, and a strong sense of neighborhood camaraderie. With its rich history and vibrant local culture, Evergreen Gardens offers a unique blend of suburban tranquility and urban convenience.

One of the standout features of homes in Evergreen Gardens is their inviting single-story architecture. Designed for both comfort and accessibility, these homes provide a seamless flow between living spaces, making them perfect for families, retirees, and everyone in between. The single-level layout not only enhances mobility but also allows for easy maintenance and a cozy, intimate living environment.

Residents of Evergreen Gardens enjoy the benefits of a close-knit community, where neighbors become friends and local events foster connections. The subdivision is conveniently located near shopping centers, parks, and schools, ensuring that daily necessities are just a stone's throw away. Families can take advantage of nearby recreational facilities, while nature enthusiasts can explore the lush green spaces that surround the area.

Whether you're looking to settle down, invest, or simply enjoy the charm of suburban living, Evergreen Gardens Subdivision offers a welcoming atmosphere that feels like home. With its well-maintained homes, friendly neighbors, and prime location, this community is truly a place where memories are made. Come discover the warmth and charm of Evergreen Gardens, where the beauty of single-level living meets the heart of Detroit.

Newest EVERGREEN GARDENS SUB (PLATS) Homes with One Architecture Level

$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
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