Properties / 2665 E CLIFTON Avenue
FHA ASSUMABLERate: 4.17%

2665 E CLIFTON Avenue

$550,000
Gilbert, AZ 85295
4 beds3 baths1,825 sqftSingle Family
The assumable advantage
4.17%
FHA assumed rate
$76,581 interest already paid off
Estimated Loan Balance$415,278
Cash to close$135,466
Est. Monthly PITI$2,843
Initial Loan Amount$448,717
Time on site36 days
Remaining Term25 years, 9 months
Seller's equity (what you pay)
$134,722
Cash or secondary financing
Monthly savings
$1,050
Versus today's market rate
Est. savings per year
$13K
Versus today's market rate

About this home

Hard-to-find single-level Gilbert home with 4 bedrooms, 3 FULL bathrooms, a versatile bonus/flex room, split guest suite, RV gate and an assumable mortgage opportunity! The thoughtfully designed floor plan offers flexibility that's difficult to find, with a separate 4th bedroom and full bath that's ideal for extended-stay guests, multigenerational living, older kids or a private work-from-home setup. The additional bonus/flex room provides even more space for a home office, playroom, media room or second living area. At the heart of the home, the open-concept great room connects the kitchen, dining and living spaces, creating an easy layout for everyday living and entertaining. The kitchen features a large island with breakfast bar, double-door pantry and newer Samsung appliances, with refrigerator included. Additional highlights include a new AC, high ceilings, dual-pane windows, split-bedroom layout, indoor laundry with washer and dryer included, and an RV gate with additional storage. Outside, enjoy a covered patio, built-in gas BBQ, fire pit, grassy area and low-maintenance backyard with plenty of room to relax and entertain. Located in one of Gilbert most convenient neighborhoods, the desirable Vincenz community in the heart of Gilbert, just minutes from SanTan Village, Loop 202, shopping, dining and entertainment. With 4 true bedrooms, 3 full bathrooms, additional flex space, RV parking and a highly functional single-level layout, this home offers a combination that's increasingly difficult to find in Gilbert at this price point. Ask about the opportunity to assume the seller's existing mortgage and potentially take advantage of below-market financing. Buyer to verify eligibility, loan terms and assumption requirements.

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 $134,722. 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
Bathrooms3
Square feet1,825
Property typeSingle Family
MLS #7063036
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)
$2,194/mo
Source est. payment (PITI)
$2,843/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$134,722

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

$0$134,722
Additional funds needed$0

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