Properties / 9245 N 173RD Lane
VA ASSUMABLERate: 6.9%

9245 N 173RD Lane

$398,900
Waddell, AZ 85355
3 beds2 baths1,282 sqftSingle Family
The assumable advantage
6.9%
VA assumed rate
$64,678 interest already paid off
Estimated Loan Balance$358,777
Cash to close$40,842
Est. Monthly PITI$2,666
Initial Loan Amount$367,729
Time on site50 days
Remaining Term27 years, 6 months
Seller's equity (what you pay)
$40,123
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

Like-New Perfection in the gated community of Enclave on Olive. Experience the sheer convenience of a practically brand-new home without the new-construction timeline. This pristine 2-year-old property offers a seamless blend of comfort and style, featuring 3 bedrooms, 2 modern bathrooms, and sun-drenched living spaces. The expansive backyard boasts established landscaping while leaving plenty of room for your custom outdoor design. Location is everything here. Enjoy an effortless daily commute with rapid interstate access and Luke Airforce Base just 8 minutes away. The vibrant Presidio district is mere minutes from your front door for premier shopping, dining, and entertainment. Skip the wait for new construction and move right into this perfect starter home!

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 $40,123. 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 feet1,282
Property typeSingle Family
MLS #7049222
CountyMaricopa County
Assumable loanVA
Tour this home
In person or virtual.
Prefer virtual tour?
Free · No commitment · Typical reply in 15 min
Investor?
This VA loan can be assumed and rented. Talk to Jeff about the ROI math.
Jeff Salazar
Active now · (602) 332-3860
Call

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)
$2,429/mo
Source est. payment (PITI)
$2,666/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$40,123

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

$0$40,123
Additional funds needed$0

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