Properties / 7280 W CACTUS WREN Way
VA ASSUMABLERate: 6.54%

7280 W CACTUS WREN Way

$428,000
Florence, AZ 85132
2 beds3 baths2,297 sqftSingle Family
The assumable advantage
6.54%
VA assumed rate
$67,879 interest already paid off
Estimated Loan Balance$306,039
Cash to close$122,655
Est. Monthly PITI$2,450
Initial Loan Amount$317,327
Time on site50 days
Remaining Term26 years, 9 months
Seller's equity (what you pay)
$121,961
Cash or secondary financing
Monthly savings
$503
Versus today's market rate
Est. savings per year
$6K
Versus today's market rate

About this home

Welcome to resort-style living in the highly desirable 55+ community of Anthem at Merrill Ranch! This beautifully maintained 2-bedroom + den, 2.5-bath home offers a spacious split floor plan designed for comfort and privacy. The gourmet all-white kitchen is the heart of the home, featuring abundant cabinetry, generous counter space, and an open layout that's perfect for entertaining or everyday living. The versatile den makes an ideal home office, craft room, or guest retreat. Step outside to the easy-care desert landscaped backyard, giving you more time to enjoy the incredible lifestyle this community has to offer. Residents enjoy access to golf, resort-style pools, fitness center, pickleball, tennis, walking and biking trails, clubs, and a full calendar of social activities.

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 $121,961. 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

Bedrooms2
Bathrooms3
Square feet2,297
Property typeSingle Family
MLS #7046405
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)
$2,021/mo
Source est. payment (PITI)
$2,450/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$121,961

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

$0$121,961
Additional funds needed$0

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