Properties / 501 W VISTA Street
VA ASSUMABLERate: 3.76%

501 W VISTA Street

$474,900
Bisbee, AZ 85603
4 beds3 baths2,530 sqftSingle Family
The assumable advantage
3.76%
VA assumed rate
$47,765 interest already paid off
Estimated Loan Balance$276,152
Cash to close$199,801
Est. Monthly PITI$1,763
Initial Loan Amount$300,000
Time on site49 days
Remaining Term25 years, 8 months
Seller's equity (what you pay)
$198,748
Cash or secondary financing
Monthly savings
$1,402
Versus today's market rate
Est. savings per year
$17K
Versus today's market rate

About this home

Welcome to 501 W Vista St in Bisbee, AZ! This 4-bedroom, 2-bath property offers 2,530 sq ft on a prime corner lot across from the park. Enjoy complete turn-key living featuring 4-5 year old HVAC, roof, and water heater systems. Extensive recent outdoor upgrades boost curb appeal and functionality, including professional landscaping, new fencing, added walkways, and new gutters. Parking is a breeze with a 1-car garage, attached workshop, plus a newly added covered 2-car carport. APS (under $200/mo), Southwest Gas ($15/mo) & AZ water ($50/mo) + LG W/D with pedestals and sidekicks underneath will be leaving behind (if buyers want it)Relax in the new outdoor gazebo and enjoy all that this spacious Bisbee layout has to offer!

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 $198,748. 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
Bathrooms3
Square feet2,530
Property typeSingle Family
MLS #7057634
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)
$1,399/mo
Source est. payment (PITI)
$1,763/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$198,748

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

$0$198,748
Additional funds needed$0

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