Properties / 4609 N 375TH Drive
VA ASSUMABLERate: 3.08%

4609 N 375TH Drive

$399,900
Tonopah, AZ 85354
4 beds2 baths2,075 sqftSingle Family
The assumable advantage
3.08%
VA assumed rate
$61,833 interest already paid off
Estimated Loan Balance$355,913
Cash to close$46,349
Est. Monthly PITI$1,943
Initial Loan Amount$398,860
Time on site50 days
Remaining Term24 years, 9 months
Seller's equity (what you pay)
$43,987
Cash or secondary financing
Monthly savings
$644
Versus today's market rate
Est. savings per year
$8K
Versus today's market rate

About this home

Beautiful move-in ready Santa Fe-style home on a fully fenced 1-acre corner lot with incredible Arizona charm! Property features 3 access gates, multiple RV gates, RV hookup with electric/water/sewer drop, and a spacious 3-car garage. Inside you'll find fresh new interior paint, gorgeous new granite countertops, new stainless steel appliances, and new carpet in the bedrooms. Split/open floorplan offers comfortable living with plenty of room inside and out. Major updates include a new AC installed July 2025 for added peace of mind. Bring your toys, RVs, animals, and enjoy the privacy and flexibility this property offers. Perfect blend of rural living and modern upgrades with plenty of space to entertain, park, and enjoy the Arizona lifestyle!

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 $43,987. 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
Bathrooms2
Square feet2,075
Property typeSingle Family
MLS #7033186
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)
$1,714/mo
Source est. payment (PITI)
$1,943/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$43,987

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

$0$43,987
Additional funds needed$0

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