Properties / 579 S WEST VIRGINIA Avenue
FHA ASSUMABLERate: 7.1%

579 S WEST VIRGINIA Avenue

$299,900
Florence, AZ 85132
3 beds2 baths1,125 sqftSingle Family
The assumable advantage
7.1%
FHA assumed rate
$44,354 interest already paid off
Estimated Loan Balance$274,669
Cash to close$25,493
Est. Monthly PITI$2,269
Initial Loan Amount$280,728
Time on site27 days
Remaining Term27 years, 9 months
Seller's equity (what you pay)
$25,231
Cash or secondary financing
Monthly savings
$0
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

Enjoy privacy and open views with no neighbors directly in front or behind you in this updated 3-bedroom, 2-bath home. Both the front and back yards feature low-maintenance landscaping and convenient hose bibs for easy water access. The private backyard is designed for relaxing and entertaining, featuring a 2-inch layer of pea gravel, a paver patio area with BBQ, picnic table and chairs, plus a fire ring. It's the perfect spot to enjoy sunrises, unwind, and entertain family and friends. Inside the upgrades include sealed granite kitchen countertops, remote controlled ceiling fans and window blinds in each room. The kitchen comes equipped with Whirlpool dishwasher, refrigerator, and microwave. The washer and dryer are Samsung. The A/C, a Ring camera, and garage have Wifi controls.

How assumption works for this home

Can I assume this FHA loan?

Yes, as long as you meet the lender's credit (620+) and DTI requirements. FHA assumptions require you to use the home as your primary residence.

How much cash do I actually need?

You need to cover the seller's equity of $25,231. If you don't have that in cash, we can help structure secondary financing to cover the gap.

Can investors assume this one?

No — FHA loans require owner-occupancy. If you're an investor, ask us about our VA inventory.

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 feet1,125
Property typeSingle Family
MLS #7064341
CountyMaricopa County
Assumable loanFHA
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Free · No commitment · Typical reply in 15 min
Investor?
FHA is primary-residence only. But Jeff has VA assumables in the same area.
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)
$1,890/mo
Source est. payment (PITI)
$2,269/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$25,231

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

$0$25,231
Additional funds needed$0

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