Properties / 7405 S LAND GRANT Road
VA ASSUMABLERate: 3.08%

7405 S LAND GRANT Road

$579,000
Hereford, AZ 85615
3 beds3 baths2,875 sqftSingle Family
The assumable advantage
3.08%
VA assumed rate
$65,110 interest already paid off
Estimated Loan Balance$382,125
Cash to close$207,544
Est. Monthly PITI$2,224
Initial Loan Amount$420,000
Time on site50 days
Remaining Term24 years, 8 months
Seller's equity (what you pay)
$196,875
Cash or secondary financing
Monthly savings
$1,571
Versus today's market rate
Est. savings per year
$19K
Versus today's market rate

About this home

Discover the perfect blend of space, privacy, and convenience on this fully fenced 8.4-acre property with sweeping mountain views. Ideal for those who value peace, self-sufficiency, and room to grow, this property checks all the boxes.The 3-bedroom, 2.5 bathroom home features an additional den, ideal for a home office or guest space. The kitchen boasts granite countertops, ample cabinetry, perfect for entertaining or daily living. Car enthusiasts, hobbyists, and RV owners will love the incredible garage space: a 5.5-car garage, a dedicated RV garage with full hookups, plus a separate workshop for tools, projects, or storage. Solar power and enjoy the freedom of your own private well. A newer roof. Step outside to enjoy your own private oasis, featuring fruit trees, a greenhouse.

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 $196,875. 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
Bathrooms3
Square feet2,875
Property typeSingle Family
MLS #6889043
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)
$1,844/mo
Source est. payment (PITI)
$2,224/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$196,875

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

$0$196,875
Additional funds needed$0

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