Properties / 857 E DIAMOND Drive
VA ASSUMABLERate: 6.76%

857 E DIAMOND Drive

$360,000
Casa Grande, AZ 85122
4 beds2 baths1,915 sqftSingle Family
The assumable advantage
6.76%
VA assumed rate
$31,320 interest already paid off
Estimated Loan Balance$346,399
Cash to close$14,891
Est. Monthly PITI$2,575
Initial Loan Amount$349,800
Time on site50 days
Remaining Term28 years, 8 months
Seller's equity (what you pay)
$13,601
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

Discover comfort, style, and value in this beautifully updated move-in ready home! Featuring bright open living spaces, a functional layout, and a warm welcoming atmosphere, this home is perfect for everyday living and entertaining alike. Enjoy a spacious kitchen, generously sized bedrooms, and a private backyard designed for relaxing evenings or weekend gatherings with upgraded turf and pavers for low-maintenance Arizona living. Inside, you'll love the modern touches including updated light fixtures throughout the home and exterior, plus a stylish upgraded bathroom mirror with heat and light control for a luxury feel. Major updates include a newer roof and HVAC system, both just 3 years old and still under warranty, giving added peace of mind for years to come. Conveniently located near shopping, dining, parks, and major commuter routes, this home offers the perfect blend of convenience and Arizona charm. Whether you're a first-time buyer, downsizing, or looking for a great investment opportunity, this is a home you won't want to miss. Come see everything this beautiful property has to offer!

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 $13,601. 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 feet1,915
Property typeSingle Family
MLS #7033942
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)
$2,282/mo
Source est. payment (PITI)
$2,575/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$13,601

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

$0$13,601
Additional funds needed$0

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