Properties / 11241 S 217TH Avenue
VA ASSUMABLERate: 6.46%

11241 S 217TH Avenue

$735,000
Buckeye, AZ 85326
3 beds2 baths1,800 sqftSingle Family
The assumable advantage
6.46%
VA assumed rate
$8,815 interest already paid off
Estimated Loan Balance$545,802
Cash to close$189,698
Est. Monthly PITI$3,764
Initial Loan Amount$546,300
Time on site30 days
Remaining Term29 years, 9 months
Seller's equity (what you pay)
$189,198
Cash or secondary financing
Monthly savings
$890
Versus today's market rate
Est. savings per year
$11K
Versus today's market rate

About this home

Desert living, upgraded for peace of mind! This single-level 3-bedroom, 2-bath home sits on 27.5 acres MOL (Per VA Appraisal in Docs Tab - All Parcel No(s) conveying as BULK SALE: 400-51-017N, 400-51-017Q and 400-51-017R total 27.5 acres MOL per VA appraisal in doc tab) with mountain views, room for horses, RVs, equipment, and all your outdoor toys. Step outside to a private pool with Pebble Tec finish, surrounded by wide-open desert beauty. Game cameras are positioned around the acreage. Major bonus: 22 kW Guardian Generac generator powered by a 250-gal propane tank-- preparedness when it matters most. Workshop, garage, covered carport, and abundant storage included. Enjoy an open layout, spacious family room with wood-burning brick fireplace, large kitchen with walk-in pantry, breakfast area, and reverse-osmosis system. Private well and septic systems, this property offers privacy, wide-open space, and easy access to Buckeye while maintaining a true country lifestyle.

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 $189,198. 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 feet1,800
Property typeSingle Family
MLS #7053604
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)
$3,445/mo
Source est. payment (PITI)
$3,764/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$189,198

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

$0$189,198
Additional funds needed$0

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