Properties / 2624 N BLACK ROCK Road
VA ASSUMABLERate: 3.33%

2624 N BLACK ROCK Road

$775,000
Buckeye, AZ 85396
5 beds5 baths3,386 sqftSingle Family
The assumable advantage
3.33%
VA assumed rate
$89,099 interest already paid off
Estimated Loan Balance$390,662
Cash to close$389,647
Est. Monthly PITI$2,553
Initial Loan Amount$446,500
Time on site50 days
Remaining Term23 years, 7 months
Seller's equity (what you pay)
$384,338
Cash or secondary financing
Monthly savings
$2,575
Versus today's market rate
Est. savings per year
$31K
Versus today's market rate

About this home

MULTI-GEN LIVING AT IT'S FINEST! Stunning 5-bedroom, 4.5-bath, 3-car garage located on an OVERSIZE lot in the highly sought-after community of Verrado, known for its strong sense of community, year-round events, scenic hiking trails, and championship golf. Inside, the home offers a highly desirable floor plan. Downstairs you will find the primary suite with convenient direct laundry room access from the primary closet, an additional bedroom complete with walk-in closet and private bath, half bath for guests to use and a large living area with soaring ceilings and large multi-sliding glass door to view your stunning backyard. Upstairs you will find a spacious loft ideal for a game room, media space, or additional living area and 3 bedrooms and 2 full bathrooms. natural light, along with a multi-panel sliding glass door that opens to the backyard for seamless indoor-outdoor living. The kitchen is thoughtfully designed with granite countertops, stainless steel appliances, a gas cooktop, pendant lighting, custom backsplash, a butler's pantry, and a large walk-in pantry. A secondary sliding glass door off the breakfast nook provides additional access to the backyard oasis. Additional highlights include plank tile flooring, plantation shutters throughout, custom paint, and a recently replaced AC unit in 2025. Residents of Verrado enjoy access to community pools, a spa, fitness facilities, parks, and miles of scenic walking and hiking trails. The surrounding area continues to grow with new shopping, dining, and entertainment options nearby, making this an exciting place to live.

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 $384,338. 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

Bedrooms5
Bathrooms5
Square feet3,386
Property typeSingle Family
MLS #7001866
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)
$1,995/mo
Source est. payment (PITI)
$2,553/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$384,338

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

$0$384,338
Additional funds needed$0

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