Properties / 2970 Camino Del Rio
VA ASSUMABLERate: 6.71%

2970 Camino Del Rio

$319,999
Bullhead City, AZ 86442
3 beds2 baths1,552 sqftSingle Family
The assumable advantage
6.71%
VA assumed rate
$55,615 interest already paid off
Estimated Loan Balance$264,804
Cash to close$55,767
Est. Monthly PITI$2,045
Initial Loan Amount$273,375
Time on site36 days
Remaining Term27 years
Seller's equity (what you pay)
$55,195
Cash or secondary financing
Monthly savings
$115
Versus today's market rate
Est. savings per year
$1K
Versus today's market rate

About this home

Your Colorado River Lifestyle Starts Here! Enjoy the best of river living in this 3-bedroom, 2-bath home in Palo Verde Meadows, where you'll have access to a private riverfront beach and boat launch on the Colorado River. Inside, you'll find tile flooring throughout and a comfortable layout that's perfect for everyday living or weekend getaways. The kitchen is equipped with appliances that are less than three years old, and recent updates also include a water softener and reverse osmosis system installed within the last three years. The front and back yards are beautifully landscaped, creating inviting outdoor spaces to relax or entertain. The air-conditioned, boat-deep 2-car garage provides plenty of room for your vehicles, boat, golf cart, or other river toys while keeping the space comfortable year-round. Whether you're looking for a full-time home, a vacation retreat, or a weekend river escape, this property offers the perfect combination of comfort and the Colorado River lifestyle. With community river access just moments away, you'll be ready to spend more time on the water and less time getting there.

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 $55,195. 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 feet1,552
Property typeSingle Family
MLS #040555
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)
$1,772/mo
Source est. payment (PITI)
$2,045/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$55,195

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

$0$55,195
Additional funds needed$0

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