Properties / 3222 E Devlin Avenue
FHA ASSUMABLERate: 2.81%

3222 E Devlin Avenue

$174,900
Kingman, AZ 86409
2 beds2 baths1,500 sqftSingle Family
The assumable advantage
2.81%
FHA assumed rate
$20,730 interest already paid off
Estimated Loan Balance$128,310
Cash to close$47,478
Est. Monthly PITI$886
Initial Loan Amount$144,827
Time on site36 days
Remaining Term24 years, 8 months
Seller's equity (what you pay)
$46,590
Cash or secondary financing
Monthly savings
$430
Versus today's market rate
Est. savings per year
$5K
Versus today's market rate

About this home

Charming 2-bedroom, 2-bath manufactured home situated on a spacious double lot offering added room to enjoy. This property features cute finishes throughout and a bonus addition providing extra living space for added flexibility. Ample outdoor space offers potential for gardening, recreation, or additional improvements. Convenient layout and comfortable living make this a property worth seeing.

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 $46,590. 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

Bedrooms2
Bathrooms2
Square feet1,500
Property typeSingle Family
MLS #039537
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)
$601/mo
Source est. payment (PITI)
$886/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$46,590

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

$0$46,590
Additional funds needed$0

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