Properties / 775 E LESLIE Avenue
VA ASSUMABLERate: 4.17%

775 E LESLIE Avenue

$385,000
San Tan Valley, AZ 85140
5 beds3 baths2,655 sqftSingle Family
The assumable advantage
4.17%
VA assumed rate
$71,151 interest already paid off
Estimated Loan Balance$380,073
Cash to close$6,954
Est. Monthly PITI$2,289
Initial Loan Amount$409,220
Time on site50 days
Remaining Term25 years, 9 months
Seller's equity (what you pay)
$4,927
Cash or secondary financing
Monthly savings
$262
Versus today's market rate
Est. savings per year
$3K
Versus today's market rate

About this home

Imagine gathering with friends and family in a home designed for making memories. This spacious 5-bedroom, 3-bath home in the desirable Pecan Creek community offers over 2,600 square feet of flexible living space. The open-concept layout features generous living and dining areas ideal for entertaining or everyday life. A downstairs bedroom and full bath provide options for guests, multigenerational living, or a home office. Upstairs, an expansive loft creates the perfect space for movie nights, gaming, or additional living space. The primary suite offers a private retreat, while the corner lot location provides added space and curb appeal. Conveniently located near parks, schools, shopping, and dining, this home is ready for its next chapter.

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 $4,927. 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

Bedrooms5
Bathrooms3
Square feet2,655
Property typeSingle Family
MLS #7040847
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)
$2,008/mo
Source est. payment (PITI)
$2,289/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$4,927

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

$0$4,927
Additional funds needed$0

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