Properties / 2875 N Jerome Street
VA ASSUMABLERate: 6.1%

2875 N Jerome Street

$265,000
Kingman, AZ 86401
3 beds2 baths1,289 sqftSingle Family
The assumable advantage
6.1%
VA assumed rate
$8,709 interest already paid off
Estimated Loan Balance$244,511
Cash to close$20,980
Est. Monthly PITI$1,662
Initial Loan Amount$245,477
Time on site36 days
Remaining Term29 years, 5 months
Seller's equity (what you pay)
$20,489
Cash or secondary financing
Monthly savings
$71
Versus today's market rate
Est. savings per year
$1K
Versus today's market rate

About this home

New Price Improvement ** RV Parking Move-In Ready Split Floor Plan. Welcome to this charming 3-bedroom, 2-bath home built in 2002, Just under 1300 square feet of thoughtfully designed living space in a desirable Kingman, Arizona neighborhood. Step inside to discover a bright open-concept floor plan featuring vaulted ceilings and a desirable split-bedroom layout that provides both comfort and privacy. The oversized primary suite offers plenty of room to relax and unwind, while the additional bedrooms provide flexibility for family, guests, or a home office. Enjoy Arizona living year-round in the enclosed patio complete with solar screens, creating the perfect space for morning coffee or evening gatherings. The easy-care landscaped front and backyard. Block wall for extra privacy. This property features a 2-car attached garage, RV parking, and a storage shed for extra storage and organization. As an added bonus, the refrigerator, washer, and dryer are included, making this home truly move-in ready. Come visit 2875 N Jerome St Kingman, AZ 86401

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 $20,489. 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 feet1,289
Property typeSingle Family
MLS #040429
CountyMaricopa County
Assumable loanVA
Tour this home
In person or virtual.
Prefer virtual tour?
Free · No commitment · Typical reply in 15 min
Investor?
This VA loan can be assumed and rented. Talk to Jeff about the ROI math.
Jeff Salazar
Active now · (602) 332-3860
Call

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)
$1,492/mo
Source est. payment (PITI)
$1,662/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$20,489

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

$0$20,489
Additional funds needed$0

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