$80,000

7393 Vaughan Street, Detroit, MI 48228

  • 3 beds |
  • 1 bath |
  • 1,100 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1937
  • Property Lot Size Icon5,227sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $73/sqft
  • Property List Date Icon Listed 10 days ago

Property 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.

Listing Status:
Active
Date Added:
July 10, 2026
Data Last Updated:
July 21, 2026 at 7:45AM
Listing Office:
JNA Real Estate : 248-648-0484
Listing Agent:
Rashad Elabed : 734-497-5558
MLS ID:
61010094
  • Appliances: Gas Water Heater
  • Basement: Unfinished
  • Heating: Natural GasForced Air
  • Style: Bungalow
  • Parking: Parking spaces: 2
  • General: Vinyl SidingTwoBasement
  • Road/Access: Paved
  • Originating MLS: MiRealSource
  • School District: Detroit City School District
  • County: Wayne
  • Zoning: PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2020. W VAUGHAN 223 E 8 FT OF VAC ALLEY ADJ JOHN H WALSHS WARREN AVE EVERGREEN PARK SUB L41 P65 PLATSW C R 22/278 40 X 135
  • Water: Public
  • Source: MiRealSource

This listing courtesy of Rashad Elabed , JNA Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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