Properties / 3520 E Yuma Drive
FHA ASSUMABLERate: 3.17%

3520 E Yuma Drive

$280,000
Rimrock, AZ 86335
2 beds2 baths1,332 sqftSingle Family
The assumable advantage
3.17%
FHA assumed rate
$29,458 interest already paid off
Estimated Loan Balance$166,597
Cash to close$113,770
Est. Monthly PITI$1,175
Initial Loan Amount$187,220
Time on site8 days
Remaining Term24 years, 9 months
Seller's equity (what you pay)
$113,403
Cash or secondary financing
Monthly savings
$841
Versus today's market rate
Est. savings per year
$10K
Versus today's market rate

About this home

Opportunity awaits in Rimrock! Whether you're looking to expand your rental portfolio, invest in a value-packed second home, or create a place of your own, this 2-bedroom, 2-bath home offers plenty of potential. With 1,332 square feet of functional living space, there's room to update, personalize, and add value. Enjoy the affordability and relaxed atmosphere of rural living while remaining conveniently close to I-17. Cottonwood, Camp Verde, Cornville, Clarkdale, Sedona, and Flagstaff are all within easy reach, making this a practical home base for work, recreation, or exploring Northern Arizona. With generous space, an accessible location, leased solar, and the opportunity to build equity through thoughtful improvements, this Rimrock property is ready for its next chapter.

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 $113,403. 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 feet1,332
Property typeSingle Family
MLS #7074810
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)
$810/mo
Source est. payment (PITI)
$1,175/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$113,403

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

$0$113,403
Additional funds needed$0

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