Properties / 4850 E FOOTHILLS Drive
VA ASSUMABLERate: 4%

4850 E FOOTHILLS Drive

$280,000
Sierra Vista, AZ 85635
3 beds2 baths1,720 sqftSingle Family
The assumable advantage
4%
VA assumed rate
$21,388 interest already paid off
Estimated Loan Balance$289,681
Cash to close$0
Est. Monthly PITI$1,646
Initial Loan Amount$296,235
Time on site50 days
Remaining Term28 years, 2 months
Seller's equity (what you pay)
$0
Cash or secondary financing
Monthly savings
$221
Versus today's market rate
Est. savings per year
$3K
Versus today's market rate

About this home

Move-in ready 3-bedroom home. This single-story 1,720 sq ft home sits on a larger lot and includes a flexible bonus room off the kitchen/dining area--perfect for an office or extra living space. Roof replaced in 2024. Enjoy easy-care desert landscaping, a brick-walled backyard for privacy, and a private patio for outdoor living. All appliances convey, including washer, dryer, refrigerator, microwave, and dishwasher. Home features natural gas heating, central air, dual pane windows, high-speed internet, and a 2-car carport with additional parking. Located minutes from Pueblo Del Sol Elementary, Joyce Clark Middle School, Buena High School, shopping, Sierra Vista Golf Center, and Fort Huachuca. No HOA. VA/FHA/Conventional welcome.

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 $0. 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 feet1,720
Property typeSingle Family
MLS #6997260
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)
$1,430/mo
Source est. payment (PITI)
$1,646/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

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

Confirm the current loan balance and equity requirement with an agent before estimating cash needed.