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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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7393 Vaughan St , Detroit, MI 48228
$80,000
Est. Payment: $411.96/mo
3 Bed
1 Bath
1100 Sqft
Status: active | Days on site: 23
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Jim Blehm
Team Owner, Realtor®

House Description

It's currently rented at $900 per month (rent is increasing to $1,000) per month Aug 1. Tenant has been here since 2022. Always pays on time, cash tenant. At 7393 Vaughan, Detroit, MI 48228, this 3-bedroom single-family home offers the kind of straightforward, buy-and-hold appeal investors look for: a clean, right-sized footprint, an established rental setup, and day-one income already in place. With tenants paying $900 per month and in place since 2022, this sale positions you to step into an operating property with a proven rent history.Inside, the home provides 1,100 sq ft of living space arranged across 3 bedrooms and 1 bath, creating a layout that supports practical daily living and steady tenant demand. The extra bedroom count adds flexibility for how the space is used, while the overall size stays efficient for easier upkeep and long-term ownership. Whether you are building a portfolio one stable asset at a time or adding another performing door to an existing lineup, the fundamentals here are built around durability and usability.Outside, the 5,411 sq ft lot gives you additional space beyond the interior, adding breathing room and options for how the property functions over time. A lot of this size can support everyday needs like outdoor use and general separation from neighboring structures, while keeping the property manageable for long-term ownership and tenant turnover cycles.For investors who value simplicity, this is the type of Detroit single-family rental that can fit cleanly into a long-range strategy: an established tenant base, consistent monthly rent, and a classic 3-bed configuration that is widely sought after in many rental markets. If you want a property where the story is already written in real rent checks, this one deserves a closer look.Request the details and schedule a showing to confirm the current tenancy and see how 7393 Vaughan can support your next buy-and-hold move.

Highlights

Listed by Rashad Elabed , 734-497-5558 JNA Real Estate , 248-648-0484. MichRIC

Property Type

Residential

Lot/Acreage
0.12

Year Built

1937

County

Wayne

School District

Detroit

Listing ID

20261052016

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:1
  • Full Bathrooms:1
Other:Public

Exterior Features

Roof:Asphalt
Sewer:Public
Parking Features:Detached
Principal Interest
$412
Taxes
$299

Home Price

$80,000

Loan Details

30 yrs
6.676%

Down Payment

20%
$16,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$411.96

Principal

Taxes

Principal Taxes HOA Total
Monthly $411.96 $298.83 $0.00 $710.79
Yearly $4,943.51 $3,586.00 $0.00 $8,529.51
Total $148,305.44 $107,580.00 $0.00 $255,885.44
Lender profile image
Brian Belinger
Loan Originator
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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Southwestern Michigan Regional Information Center, LLC and is deemed reliable but not guaranteed accurate.

Data last updated: 2026-08-03T01:53:30.000Z

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