Properties / 14721 E 42ND Street
VA ASSUMABLERate: 6.5%

14721 E 42ND Street

$560,000
Yuma, AZ 85367
3 beds2 baths2,108 sqftSingle Family
The assumable advantage
6.5%
VA assumed rate
$44,770 interest already paid off
Estimated Loan Balance$547,871
Cash to close$12,129
Est. Monthly PITI$3,696
Initial Loan Amount$554,605
Time on site50 days
Remaining Term28 years, 10 months
Seller's equity (what you pay)
$12,129
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

BETTER THAN NEW! Purchased in 2025 and meticulously maintained, this immaculate home offers all the benefits of new construction--plus valuable upgrades already completed, saving you time, money, and hassle. Located in the desirable Las Barrancas neighborhood, this turnkey property features 3 bedrooms, 2 bathrooms, and an impressive 4-car garage, along with additional RV/toy parking. Unlike many new builds that require significant post-purchase spending, this home already includes newly installed luxury vinyl plank flooring in bedrooms (no more carpet), custom interior shutters, and professional landscaping. The open and inviting backyard is fully established and designed for low-maintenance living, complete with irrigation drip lines, a French drain for added peace of mind during . . . seasonal storms, and a pergola with electrical already installed--perfect for outdoor entertaining, relaxing evenings, or future customization. Forced air heating and cooling provide year-round comfort in this energy efficient home, while all kitchen appliances convey, making your move even easier. With new construction, buyers often face additional expenses for flooring upgrades, window coverings, landscaping, backyard improvements, after closing. Here, those investments have already been made for you. Enjoy the convenience of a move-in-ready home with completed upgrades, established outdoor spaces, and immediate availability--all without the uncertainty of construction or contractor timelines. All reasonable offers will be considered. Don't miss this opportunity to own a truly turnkey, better-than-new home in Las Barrancas!

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 $12,129. 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 feet2,108
Property typeSingle Family
MLS #7035898
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)
$3,509/mo
Source est. payment (PITI)
$3,696/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$12,129

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

$0$12,129
Additional funds needed$0

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