Properties / 5129 W Grenadine Road
VA ASSUMABLERate: 7.07%

5129 W Grenadine Road

$355,000
Laveen, AZ 85339
3 beds2 baths1,597 sqftSingle Family
The assumable advantage
7.07%
VA assumed rate
$80,257 interest already paid off
Estimated Loan Balance$384,174
Cash to close$0
Est. Monthly PITI$2,944
Initial Loan Amount$395,000
Time on site50 days
Remaining Term27 years, 2 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

This well-maintained home features tile flooring in the main areas and plush carpeting in the bedrooms, with a professionally applied fresh coat of paint completed in 2024. All light fixtures, door knobs, and hardware have been recently upgraded. The 2023 AC unit comes with an inspection and a 6 month maintenance warranty, valid until 2029. Includes a pest control inspection warranty through 2027 an installed ADT security system, and WiFi-connected main switches for remote control and scheduling. Offers practical amenities such as RV hookups with 50-amp electrical connections for RVs or electric vehicle charging. The desert landscaping features native plants, trees, and river rock accents. All appliances included. Solar panels installed in 2022 under loan -can be paid in full or assumed.

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 feet1,597
Property typeSingle Family
MLS #7051835
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)
$2,655/mo
Source est. payment (PITI)
$2,944/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.