Properties / 16597 W MADISON Street
VA ASSUMABLERate: 6.72%

16597 W MADISON Street

$418,000
Goodyear, AZ 85338
4 beds2 baths1,789 sqftSingle Family
The assumable advantage
6.72%
VA assumed rate
$47,783 interest already paid off
Estimated Loan Balance$403,295
Cash to close$15,098
Est. Monthly PITI$2,942
Initial Loan Amount$410,000
Time on site27 days
Remaining Term28 years, 4 months
Seller's equity (what you pay)
$14,705
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

This isn't just a place to live--it's a place to slow down, spread out, and enjoy everything Arizona has to offer. Whether you're storing your RV for your next road trip or entertaining friends and family, this property was designed for the way people live today. An RV gate and dedicated RV parking are a rare find, while the oversized two-car garage provides plenty of room for vehicles, hobbies, and storage. Inside, the open-concept design creates a warm and welcoming atmosphere where everyone naturally gathers. The spacious great room flows seamlessly into the kitchen, featuring stainless steel appliances, rich oak cabinetry, an oversized island with breakfast bar seating, and a generous walk-in pantry--making everyday meals and holiday entertaining equally enjoyable. Thoughtful upgrades include fresh interior paint, 9-foot ceilings, tile flooring throughout the main living areas, ceiling fans, new 2-inch faux wood blinds, and comfortable carpeting where it matters most. Step outside and discover why so many people love calling Canyon Trails home. Spend weekends exploring nearby parks and walking trails, enjoy spring training games at Goodyear Ballpark, shop and dine at nearby retail centers, or take a quick drive to Estrella Mountain Regional Park for hiking, biking, and breathtaking Arizona sunsets. With quick access to I-10 and Loop 303, commuting throughout the Valley is simple while still enjoying the relaxed atmosphere of one of Goodyear's most established communities.

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 $14,705. 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 feet1,789
Property typeSingle Family
MLS #7065499
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)
$2,656/mo
Source est. payment (PITI)
$2,942/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$14,705

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

$0$14,705
Additional funds needed$0

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