Properties / 4863 E 18TH Avenue
VA ASSUMABLERate: 3.07%

4863 E 18TH Avenue

$610,000
Apache Junction, AZ 85119
3 beds2 baths1,559 sqftSingle Family
The assumable advantage
3.07%
VA assumed rate
$52,090 interest already paid off
Estimated Loan Balance$391,276
Cash to close$221,159
Est. Monthly PITI$2,132
Initial Loan Amount$425,650
Time on site50 days
Remaining Term25 years, 11 months
Seller's equity (what you pay)
$218,724
Cash or secondary financing
Monthly savings
$1,771
Versus today's market rate
Est. savings per year
$21K
Versus today's market rate

About this home

RARE OPPORTUNITY to own over an acre of Arizona property with breathtaking Superstition Mountain views, no HOA, and an assumable VA loan at an incredible 2.49% interest rate for VA qualified buyers. Situated on a spacious 1+ acre lot, this well-maintained 3-bedroom, 2-bath home offers the freedom, privacy, and flexibility that so many buyers are searching for but rarely find. A solar-powered gated entrance welcomes you onto the property, adding both convenience and privacy from the moment you arrive. Bring your RVs, trailers, toys, horses, and outdoor lifestyle--there's room for it all. The fully usable acreage offers endless possibilities for additional parking, a workshop, horse facilities, gardens, outdoor entertaining, or future expansion. Inside, you'll find a comfortable and hiking trails, and major commuter routes, this property offers the best of both worlds. If you've been searching for space, privacy, and the freedom to truly enjoy your property without HOA restrictions, this is the opportunity you've been waiting for.

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 $218,724. 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 feet1,559
Property typeSingle Family
MLS #7040912
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)
$1,826/mo
Source est. payment (PITI)
$2,132/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$218,724

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

$0$218,724
Additional funds needed$0

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