Properties / 9335 S 349TH Avenue
FHA ASSUMABLERate: 6.33%

9335 S 349TH Avenue

$280,000
Arlington, AZ 85322
4 beds2 baths1,680 sqftSingle Family
The assumable advantage
6.33%
FHA assumed rate
$73,432 interest already paid off
Estimated Loan Balance$311,441
Cash to close$0
Est. Monthly PITI$2,499
Initial Loan Amount$323,385
Time on site50 days
Remaining Term26 years, 5 months
Seller's equity (what you pay)
$0
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

BANK-APPROVED SHORT SALE! This property offers a great opportunity for investors or buyers ready to add their personal touch. Situated on over an acre, the home features private water service and a connected septic system. The kitchen includes two-tone cabinetry, an island, and opens to the living area with large windows that bring in natural light and fresh air. A split floor plan provides added privacy, with upgraded lighting and ceiling fans throughout. Enjoy easy access, friendly neighbors, and a peaceful setting surrounded by scenic farmland. Conveniently located just 27 minutes from Target and Costco, 12 minutes to I-10 and nearby services, and 20 minutes to downtown Buckeye. Photos are renderings of the home's original design. (PIC IS THE ORIGINAL RENDERING)

How assumption works for this home

Can I assume this FHA loan?

Yes, as long as you meet the lender's credit (620+) and DTI requirements. FHA assumptions require you to use the home as your primary residence.

How much cash do I actually need?

You need to cover the seller's equity of $0. If you don't have that in cash, we can help structure secondary financing to cover the gap.

Can investors assume this one?

No — FHA loans require owner-occupancy. If you're an investor, ask us about our VA inventory.

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 feet1,680
Property typeSingle Family
MLS #6995404
CountyMaricopa County
Assumable loanFHA
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Investor?
FHA is primary-residence only. But Jeff has VA assumables in the same area.
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)
$2,025/mo
Source est. payment (PITI)
$2,499/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

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

Confirm the current loan balance and equity requirement with an agent before estimating cash needed.