Properties / 4220 E DESERT MARIGOLD Drive
VA ASSUMABLERate: 2.89%

4220 E DESERT MARIGOLD Drive

$625,000
Cave Creek, AZ 85331
3 beds2 baths2,029 sqftSingle Family
The assumable advantage
2.89%
VA assumed rate
$70,296 interest already paid off
Estimated Loan Balance$390,649
Cash to close$237,090
Est. Monthly PITI$2,173
Initial Loan Amount$445,376
Time on site50 days
Remaining Term24 years, 3 months
Seller's equity (what you pay)
$234,351
Cash or secondary financing
Monthly savings
$1,817
Versus today's market rate
Est. savings per year
$22K
Versus today's market rate

About this home

Move-in ready and meticulously maintained, this 3-bedroom, 2-bath home in sought-after Tatum Ranch offers comfort, style, and value. The functional floor plan features formal living and dining areas, a spacious primary suite with an ensuite bath and large walk-in closet, and an updated kitchen with Quartz countertops, an induction cooktop, and center island. Major updates include a new HVAC (2024), roof (2020), pool pump (2025), and fresh interior paint. Enjoy a private backyard with a sparkling pool, low-maintenance landscaping, epoxy garage floors, and built-in storage.

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 $234,351. 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 feet2,029
Property typeSingle Family
MLS #7035136
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)
$1,869/mo
Source est. payment (PITI)
$2,173/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$234,351

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

$0$234,351
Additional funds needed$0

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