Properties / 16719 W ROWEL Road
VA ASSUMABLERate: 5.23%

16719 W ROWEL Road

$399,000
Surprise, AZ 85387
3 beds2 baths1,784 sqftSingle Family
The assumable advantage
5.23%
VA assumed rate
$74,278 interest already paid off
Estimated Loan Balance$331,919
Cash to close$69,054
Est. Monthly PITI$2,200
Initial Loan Amount$351,500
Time on site50 days
Remaining Term25 years, 11 months
Seller's equity (what you pay)
$67,081
Cash or secondary financing
Monthly savings
$402
Versus today's market rate
Est. savings per year
$5K
Versus today's market rate

About this home

Welcome to Desert Oasis! Built in 2021, this move-in-ready home offers the space, upgrades, and functionality today's buyers are looking for. Featuring 3 bedrooms, a fully enclosed den perfect for a home office or flex space, and 2 bathrooms, the thoughtfully designed floor plan makes everyday living both comfortable and convenient. Standout features include an RV gate, a rare 4-foot garage extension for added parking and storage, approximately $4,000 in upgraded insulation for improved energy efficiency, and 9-foot ceilings that enhance the home's bright, open feel. At the heart of the home, the kitchen features granite countertops, a custom tile backsplash, white staggered cabinetry, stainless steel appliances, and an oversized island overlooking the spacious great room. Additional features include wood-look plank tile flooring throughout the main living areas and 2-inch faux wood blinds throughout. With modern finishes, energy-efficient upgrades, and a highly desirable layout, this home is truly move-in ready. The primary suite offers a walk-in closet and a dual-sink vanity with granite countertops for a clean, modern finish. Step outside to a real grass backyard, plus two storage sheds for added convenience. Energy efficiency is a major bonus, complete with solar to help keep utility costs down.

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 $67,081. 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
Bathrooms2
Square feet1,784
Property typeSingle Family
MLS #7019583
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)
$1,951/mo
Source est. payment (PITI)
$2,200/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$67,081

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

$0$67,081
Additional funds needed$0

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