Properties / 1055 N MANZANITA Way
VA ASSUMABLERate: 6.49%

1055 N MANZANITA Way

$445,000
Flagstaff, AZ 86001
3 beds2 baths1,106 sqftSingle Family
The assumable advantage
6.49%
VA assumed rate
$112,054 interest already paid off
Estimated Loan Balance$460,518
Cash to close$0
Est. Monthly PITI$3,336
Initial Loan Amount$481,000
Time on site15 days
Remaining Term26 years, 5 months
Seller's equity (what you pay)
$0
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

Amazing opportunity in the heart of Flagstaff! This 3-bedroom, 2-bathroom home, located in the ''horseshoe'' Switzer-Mesa neighborhood, offers tremendous potential at an attractive price. Homes in this sought-after pocket (No HOA!) rarely come available, and properties that do hit the market tend to move quickly. This property is ready for an investor, renovator, or buyer looking to bring their vision to life. The home includes a welcoming front yard and fully fenced, spacious backyard with amazing views of the stars - all within walking distance to local trails, a large park and playground, and BASIS Flagstaff. This home is being sold ''As-Is'' - come see it today!

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 $0. 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 feet1,106
Property typeSingle Family
MLS #7071973
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)
$3,041/mo
Source est. payment (PITI)
$3,336/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

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.