Properties / 429 S 356TH Drive
VA ASSUMABLERate: 5.52%

429 S 356TH Drive

$430,000
Tonopah, AZ 85354
4 beds2 baths1,797 sqftSingle Family
The assumable advantage
5.52%
VA assumed rate
$89,614 interest already paid off
Estimated Loan Balance$386,850
Cash to close$44,802
Est. Monthly PITI$2,618
Initial Loan Amount$409,097
Time on site50 days
Remaining Term25 years, 11 months
Seller's equity (what you pay)
$43,150
Cash or secondary financing
Monthly savings
$195
Versus today's market rate
Est. savings per year
$2K
Versus today's market rate

About this home

Welcome to your dream modern ranch home situated on an expansive, fully fenced 1-acre lot in Tonopah! Step inside to a bright, open-concept great room featuring durable luxury vinyl plank (LVP) flooring, recessed lighting, and seamless flow into the dining space. The gourmet kitchen is a chef's delight featuring crisp white cabinetry, premium quartz countertops, a large center island with bar seating, and stainless steel appliances. This spacious layout includes a generous primary suite with a modern tile walk-in shower and dual vanities, plus three versatile secondary bedrooms. Relax under the massive covered back patio or utilize the wide-open acre--perfect for a pool, workshop, or horses. Complete with a paved driveway and clean garage space, this home has it all!

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 $43,150. 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 feet1,797
Property typeSingle Family
MLS #7043213
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)
$2,341/mo
Source est. payment (PITI)
$2,618/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$43,150

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

$0$43,150
Additional funds needed$0

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