Properties / 4868 E Kevin Street
FHA ASSUMABLERate: 3.67%

4868 E Kevin Street

$198,000
Sierra Vista, AZ 85650
2 beds2 baths1,397 sqftSingle Family
The assumable advantage
3.67%
FHA assumed rate
$30,241 interest already paid off
Estimated Loan Balance$60,916
Cash to close$137,460
Est. Monthly PITI$673
Initial Loan Amount$81,496
Time on site50 days
Remaining Term18 years, 7 months
Seller's equity (what you pay)
$137,084
Cash or secondary financing
Monthly savings
$791
Versus today's market rate
Est. savings per year
$9K
Versus today's market rate

About this home

Welcome to this charming home full of warmth and character! This 2-bedroom, 2-bath home also features a versatile office that's ideal for working from home, a craft room, or guest space. Large windows invite an abundance of natural light, creating a bright and welcoming feel throughout. For added peace of mind, the home includes a newer roof and HVAC system, offering improved comfort and efficiency. Outside, you'll enjoy a fully fenced yard with mature trees providing shade and beauty, a picturesque vine-covered carport, and multiple storage sheds for all your tools, hobbies, and outdoor gear. Combining charm, functionality, valuable updates, and plenty of outdoor space, this home is one you won't want to miss!

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 $137,084. 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 feet1,397
Property typeSingle Family
MLS #7055086
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)
$377/mo
Source est. payment (PITI)
$673/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$137,084

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

$0$137,084
Additional funds needed$0

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