Properties / 2740 Air Park Drive
VA ASSUMABLERate: 2.25%

2740 Air Park Drive

$440,000
Overgaard, AZ 85933
2 beds3 baths1,536 sqftSingle Family
The assumable advantage
2.25%
VA assumed rate
$0 interest already paid off
Estimated Loan Balance
Cash to close$445,000
Est. Monthly PITI
Initial Loan Amount
Time on site50 days
Remaining Term
Seller's equity (what you pay)
Cash or secondary financing
Monthly savings
Versus today's market rate
Est. savings per year
Versus today's market rate

About this home

Priced to sell...Escape to your own secluded hideaway in this cabin nestled w/in a private airpark. There are 2 large bedrooms with loft for kids and guests. A rare blend of aviation convenience and tranquil woodland living. Perfect for pilots, adventurers, or anyone seeking peace and privacy, this property offers the freedom to fly in, relax, and unwind. Whether you're seeking a weekend escape, an investment property, or a peaceful place, this cabin delivers unmatched tranquility and charm. Vaulted ceilings and wood details throughout and plenty of natural light. Open concept with fireplace as the heart of the cabin. First floor on suite with full bath. Over sized 2 car garage. Spacious deck for outdoor entertaining. So much to mention.

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 — the difference between the sale price and the remaining loan balance. This seller has not published their balance yet; ask us and we'll confirm it with the lender. 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
Bathrooms3
Square feet1,536
Property typeSingle Family
MLS #6971823
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)

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

The loan details needed to estimate principal and interest are unavailable.

Estimated equity gap

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

Confirm the current loan balance and equity requirement with an agent before estimating cash needed.