Properties / 4677 S SIPHON DRAW Road
VA ASSUMABLERate: 7.07%

4677 S SIPHON DRAW Road

$425,000
Apache Junction, AZ 85119
3 beds2 baths1,861 sqftSingle Family
The assumable advantage
7.07%
VA assumed rate
$75,584 interest already paid off
Estimated Loan Balance$361,804
Cash to close$63,919
Est. Monthly PITI$2,682
Initial Loan Amount$372,000
Time on site50 days
Remaining Term27 years, 2 months
Seller's equity (what you pay)
$63,196
Cash or secondary financing
Monthly savings
$6
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

Built in 2023, this 3 bedroom, 2 bath home in a gated community is a spacious 1866sf, split floor plan, separate den/office, open concept living area with fully landscaped backyard and beautiful Superstition Mountain views! White cabinets, gorgeous granite countertops, large island and walk-in pantry make up the kitchen. Primary bedroom and ensuite bath has double vanities, private toilet room and sizable walk-in closet! State of the Art amenity center with pickle ball court, playgrounds, mini putt and cornhole.

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 $63,196. 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 feet1,861
Property typeSingle Family
MLS #7050846
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)
$2,500/mo
Source est. payment (PITI)
$2,682/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$63,196

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

$0$63,196
Additional funds needed$0

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