Properties / 581 S Glen Canyon Road
VA ASSUMABLERate: 3.45%

581 S Glen Canyon Road

$275,000
Golden Valley, AZ 86413
3 beds2 baths1,481 sqftSingle Family
The assumable advantage
3.45%
VA assumed rate
$40,211 interest already paid off
Estimated Loan Balance$247,901
Cash to close$28,094
Est. Monthly PITI$1,412
Initial Loan Amount$271,000
Time on site36 days
Remaining Term25 years, 7 months
Seller's equity (what you pay)
$27,099
Cash or secondary financing
Monthly savings
$405
Versus today's market rate
Est. savings per year
$5K
Versus today's market rate

About this home

Bring your horses, RVs, and toys! This fully fenced Golden Valley property offers the space and freedom you've been looking for. A new roof, detached 2-car garage and RV hookup with 220V electrical provide added value and plenty of room for projects, storage, and adventure. Inside, durable wood-look laminate flooring, vaulted ceilings, and abundant natural light create a warm, open feel. The spacious kitchen, a newer addition, opens to the main living area, making it ideal for everyday living and entertaining. The primary suite features dual vanities, a walk-in shower, separate soaking tub, and walk-in closet. Two additional bedrooms and a full guest bath offer plenty of space for family, guests, or a home office. Well maintained by a long-term tenant, this home is move-in ready and waiting for its next owner.

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 $27,099. 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 feet1,481
Property typeSingle Family
MLS #040946
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)
$1,217/mo
Source est. payment (PITI)
$1,412/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$27,099

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

$0$27,099
Additional funds needed$0

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