Properties / 1955 E YAVAPAI Place
VA ASSUMABLERate: 3.16%

1955 E YAVAPAI Place

$630,000
Sierra Vista, AZ 85650
4 beds4 baths5,096 sqftSingle Family
The assumable advantage
3.16%
VA assumed rate
$81,326 interest already paid off
Estimated Loan Balance$397,684
Cash to close$236,828
Est. Monthly PITI$2,631
Initial Loan Amount$452,000
Time on site50 days
Remaining Term24 years
Seller's equity (what you pay)
$232,316
Cash or secondary financing
Monthly savings
$1,743
Versus today's market rate
Est. savings per year
$21K
Versus today's market rate

About this home

Step inside this wonderful custom home that has loads of space along with awesome views. You'll find the primary bedroom on the main level with 2 additional rooms to use for office or exercise room. You'll also discover 3 additional bedrooms and bath upstairs along with a beautiful open kitchen with Stainless appliances, a breakfast area and dining area along with an office space. The original patio and balcony has been converted to a large family room with dual fire place and upstairs is an awesome room with spectacular views and a balcony to sit. re is a 3 car garage attached along with a front courtyard that is enclosed to sit out and enjoy! The possibilities are endless with this home. The solar on the home is owned but loan will be paid at closing. This is a home you must look at!

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 $232,316. 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

Bedrooms4
Bathrooms4
Square feet5,096
Property typeSingle Family
MLS #7004145
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)
$1,972/mo
Source est. payment (PITI)
$2,631/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$232,316

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

$0$232,316
Additional funds needed$0

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