Properties / 375 E LESLIE Avenue
VA ASSUMABLERate: 6.85%

375 E LESLIE Avenue

$300,000
San Tan Valley, AZ 85140
3 beds2 baths1,255 sqftSingle Family
The assumable advantage
6.85%
VA assumed rate
$39,789 interest already paid off
Estimated Loan Balance$288,168
Cash to close$12,389
Est. Monthly PITI$2,159
Initial Loan Amount$293,400
Time on site50 days
Remaining Term28 years, 1 month
Seller's equity (what you pay)
$11,832
Cash or secondary financing
Monthly savings
$0
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

Picture an easy morning on a peaceful San Tan Valley street with little through traffic, then a quick trip to new shops, restaurants, and everyday conveniences just 1-2 miles away. Meet friends for dinner, grab coffee, or enjoy easy access to Queen Creek--then come home to a space that feels organized, comfortable, and private. Large closets and generous storage provide room for daily essentials, hobbies, and seasonal décor. Numerous appliances have been updated within the past five years, with most completed in the last year. The exterior was painted within the past five years, adding fresh curb appeal. Enjoy the balance of a quiet neighborhood setting, meaningful updates, exceptional storage, and proximity to the growing San Tan Valley and Queen Creek dining and shopping scene.

How assumption works for this home

Can I assume this VA loan?

Yes, as long as you meet the lender's credit (620+) and DTI requirements. You do NOT need to be a veteran to assume a VA loan — this is a common misconception.

How much cash do I actually need?

You need to cover the seller's equity of $11,832. If you don't have that in cash, we can help structure secondary financing to cover the gap.

Can investors assume this one?

Yes — VA assumptions can be used for investment properties. You can rent this home out.

How long does this take?

Typically 45 days. The lender underwriting is 2–3 weeks, and the rest is standard closing.

Property details

Bedrooms3
Bathrooms2
Square feet1,255
Property typeSingle Family
MLS #7055975
CountyMaricopa County
Assumable loanVA
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Investor?
This VA loan can be assumed and rented. Talk to Jeff about the ROI math.
Jeff Salazar
Active now · (602) 332-3860
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Payment & cash calculator

Cash covers the gap between the price and the existing loan balance. Changing this amount does not change the existing mortgage payment.

Est. mortgage payment (P&I)
$1,928/mo
Source est. payment (PITI)
$2,159/mo

P&I is principal and interest. PITI also includes estimated taxes and insurance. HOA fees and payments on any additional financing are separate.

Estimated equity gap$11,832

Asking price minus remaining loan balance. Closing costs are additional.

$0$11,832
Additional funds needed$0

The equity gap is covered. Closing costs and assumption fees still need to be confirmed.