Properties / 564 S Elfrida Road
VA ASSUMABLERate: 5.52%

564 S Elfrida Road

$299,900
Golden Valley, AZ 86413
3 beds3 baths1,719 sqftSingle Family
The assumable advantage
5.52%
VA assumed rate
$66,811 interest already paid off
Estimated Loan Balance$289,226
Cash to close$12,305
Est. Monthly PITI$1,960
Initial Loan Amount$305,000
Time on site36 days
Remaining Term26 years
Seller's equity (what you pay)
$10,674
Cash or secondary financing
Monthly savings
$21
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

Freshly painted, spacious 3-bedroom, 3-bath home situated on 2.35 fully fenced acres, offering both functionality and room to spread out. The property features wire fencing throughout, along with a separately enclosed backyard with chain link fencing. The backyard includes artificial turf, a screened-in porch, Horse stalls, tortoise habitat, and ample space for outdoor use. A detached 30' x 32' garage provides additional versatility and includes a 10' x 20' finished bonus room ideal for a workshop, hobby space, office, or flex use complete with its own mini-split system for climate control. Interior updates include new windows, new luxury vinyl plank flooring in the main living areas, carpet in the bedrooms, and fresh paint throughout. The kitchen has been fully refreshed with refinished cabinetry, new countertops, sink, and fixtures, plus all appliances stay! The living room offers a spacious layout and is open to the dining area, creating a functional flow for everyday living. The two additional bedrooms are located on the opposite side of the home, offering separation from the primary suite. The primary suite offers generous square footage with flexibility for a sitting area, office, or vanity space. It features dual bathrooms connected by a large walk-through closet one with a soaking tub and the other with a walk-in shower. An oversized laundry room provides additional storage space and the washer and dryer also stay. Power is in place for an RV hookup at the rear of the home, along with a septic connection. The property offers expansive views of the Hualapai and Black Mountains and is centrally located between Kingman and Bullhead City, providing convenient access to nearby amenities as well as the recreational opportunities of Laughlin, NV, the Colorado River, and Lake Mohave.

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 $10,674. 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
Bathrooms3
Square feet1,719
Property typeSingle Family
MLS #038389
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)
$1,748/mo
Source est. payment (PITI)
$1,960/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$10,674

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

$0$10,674
Additional funds needed$0

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