Properties / 3616 MILLER Street
VA ASSUMABLERate: 6.95%

3616 MILLER Street

$399,000
Sierra Vista, AZ 85650
4 beds2 baths1,841 sqftSingle Family
The assumable advantage
6.95%
VA assumed rate
$66,062 interest already paid off
Estimated Loan Balance$363,131
Cash to close$35,869
Est. Monthly PITI$2,776
Initial Loan Amount$372,847
Time on site21 days
Remaining Term27 years, 6 months
Seller's equity (what you pay)
$35,869
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

Beautifully updated and move-in ready, this one-of-a-kind 4-bedroom, 2-bath home is located in a highly desirable neighborhood surrounded by golf course and mountain views! Inside, enjoy luxury wood-look laminate and tile flooring, fresh neutral paint, crown molding, updated bathrooms, and a stunning stacked-stone fireplace. The remodeled kitchen features granite countertops, open shelving, and a custom vent hood. A newer roof and windows add lasting value. The spacious backyard offers a gazebo, garden area, and oversized storage shed/workshop. Extra driveway parking and a double RV gate provide plenty of room for your RV and toys!

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 $35,869. 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

Bedrooms4
Bathrooms2
Square feet1,841
Property typeSingle Family
MLS #7068070
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)
$2,471/mo
Source est. payment (PITI)
$2,776/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$35,869

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

$0$35,869
Additional funds needed$0

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