Properties / 4365 CITADEL Drive
VA ASSUMABLERate: 7.91%

4365 CITADEL Drive

$160,000
Sierra Vista, AZ 85635
3 beds2 baths2,072 sqftSingle Family
The assumable advantage
7.91%
VA assumed rate
$187,314 interest already paid off
Estimated Loan Balance$31,524
Cash to close$127,826
Est. Monthly PITI$1,107
Initial Loan Amount$118,450
Time on site1 day
Remaining Term3 years, 6 months
Seller's equity (what you pay)
$128,476
Cash or secondary financing
Monthly savings
$82
Versus today's market rate
Est. savings per year
$1K
Versus today's market rate

About this home

4365 Citadel Dr offers an opportunity for investors, contractors, or buyers looking for a property they can renovate and make their own. This home is in need of repairs and updating, making it a great candidate for a renovation project. Located in Sierra Vista, the property provides the opportunity to add value through improvements and modernization. The property is being sold as-is, with the seller making no repairs or warranties regarding the condition of the home. Buyers are encouraged to conduct their own inspections and due diligence. Bring your vision and turn this property into your next investment or home.

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 $128,476. 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 feet2,072
Property typeSingle Family
MLS #7078458
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)
$862/mo
Source est. payment (PITI)
$1,107/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$128,476

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

$0$128,476
Additional funds needed$0

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