Properties / 1596 Kyle Avenue
VA ASSUMABLERate: 6.1%

1596 Kyle Avenue

$289,900
Bullhead City, AZ 86442
2 beds1 baths1,012 sqftSingle Family
The assumable advantage
6.1%
VA assumed rate
$9,085 interest already paid off
Estimated Loan Balance$255,830
Cash to close$35,340
Est. Monthly PITI$1,781
Initial Loan Amount$256,080
Time on site36 days
Remaining Term29 years, 5 months
Seller's equity (what you pay)
$34,070
Cash or secondary financing
Monthly savings
$149
Versus today's market rate
Est. savings per year
$2K
Versus today's market rate

About this home

Paid For SOLAR!! Well-maintained 2 bedroom, 1 bathroom home don't let the size keep you away, this open floor plan and well laid out offers functionality and some beautiful features. As you open the front door you enter an open dining, and living space with built in modern linear wall-mounted electric fireplace, kitchen offers stainless steel appliances. The primary bedroom with a custom barn door leading to a walk-in closet. The bathroom is thoughtfully designed with custom tile work, offering both a fully custom walk in shower and custom tiled around the bathtub, new paint and vanity. The guest bedroom offers comfort and flexibility. The back yard offers open space and privacy with block wall and two covered areas for entertaining. Two car garage and there is room for RV parking in the front of the home.

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 $34,070. 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

Bedrooms2
Bathrooms1
Square feet1,012
Property typeSingle Family
MLS #037522
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)
$1,561/mo
Source est. payment (PITI)
$1,781/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$34,070

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

$0$34,070
Additional funds needed$0

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