Properties / 1555 E Poplar Drive
FHA ASSUMABLERate: 3.54%

1555 E Poplar Drive

$649,900
Mohave Valley, AZ 86440
6 beds3 baths3,987 sqftSingle Family
The assumable advantage
3.54%
FHA assumed rate
$66,715 interest already paid off
Estimated Loan Balance$118,174
Cash to close$533,787
Est. Monthly PITI$1,219
Initial Loan Amount$168,041
Time on site36 days
Remaining Term16 years, 11 months
Seller's equity (what you pay)
$531,726
Cash or secondary financing
Monthly savings
$3,058
Versus today's market rate
Est. savings per year
$37K
Versus today's market rate

About this home

New roof as of 2025! Now is your opportunity to own this spacious and versatile property on approximately 1.12 acres. Offering 6 bedrooms and 3 bathrooms, this home provides comfort, functionality, and room to grow. The open kitchen features granite countertops, ample cabinetry, and flows into the main living areas and rec room, where a wood-burning fireplace adds warmth. Sliding glass doors bring in natural light and provide easy outdoor access. Two primary suites offer flexibility for multi-generational living or added privacy, with one featuring a jetted tub. A bonus flex room provides additional space for entertaining, hobbies, or a home office. Enjoy year-round comfort with two 5-ton HVAC units and additional mini-splits. The attached 6-car pull-through garage with built-in cabinets offers exceptional storage and workspace. Outside, enjoy an underground BBQ area, open space, and a landscaped front yard. This all-electric home is serviced by a private well and septic, with a landscaped front yard adding curb appeal!

How assumption works for this home

Can I assume this FHA loan?

Yes, as long as you meet the lender's credit (620+) and DTI requirements. FHA assumptions require you to use the home as your primary residence.

How much cash do I actually need?

You need to cover the seller's equity of $531,726. If you don't have that in cash, we can help structure secondary financing to cover the gap.

Can investors assume this one?

No — FHA loans require owner-occupancy. If you're an investor, ask us about our VA inventory.

How long does this take?

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

Property details

Bedrooms6
Bathrooms3
Square feet3,987
Property typeSingle Family
MLS #037661
CountyMaricopa County
Assumable loanFHA
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Investor?
FHA is primary-residence only. But Jeff has VA assumables in the same area.
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)
$775/mo
Source est. payment (PITI)
$1,219/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$531,726

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

$0$531,726
Additional funds needed$0

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