Properties / 2120 W Billionaire Lane
FHA ASSUMABLERate: 2.87%

2120 W Billionaire Lane

$495,999
Yucca, AZ 86438
3 beds3 baths2,107 sqftSingle Family
The assumable advantage
2.87%
FHA assumed rate
$37,979 interest already paid off
Estimated Loan Balance$252,128
Cash to close$246,671
Est. Monthly PITI$1,621
Initial Loan Amount$279,837
Time on site36 days
Remaining Term25 years, 1 month
Seller's equity (what you pay)
$243,871
Cash or secondary financing
Monthly savings
$1,749
Versus today's market rate
Est. savings per year
$21K
Versus today's market rate

About this home

Discover the perfect mix of privacy, space, and panoramic mountain views with this custom Southwestern Santa Fe-style home on 9.84 acres. This 2,107 sq ft single-level residence offers 3 bedrooms, 2.5 baths, an open floor plan, 9- and 10-foot ceilings, updated lighting, and new ceiling fans throughout. The kitchen features new stainless steel appliances and flows seamlessly into the living and dining areas. The spacious primary suite includes a large walk-in closet and ensuite bath with dual vanities, soaking tub, and separate shower. The home features recent updates that bring immediate peace of mind. Two separate central heating and AC units (both under two years old) provide highly efficient, zone-controlled climate comfort, while the attached 3-car garage features a dedicated swamp cooler and recently replaced garage door openers. The home is served by a strong-producing shared well with a neighboring property, providing reliable water service, with a holding tank on-site to ensure consistent supply. Additionally, the property includes a private low-yield well that is not currently connected to the home. Brand new sliding doors lead to the backyard, where you can take in stunning Arizona sunrises from the spacious patio, relax in the above-ground pool, and take in the peace, privacy, and wide-open desert surroundings. Conveniently located just 6 miles from I-40 and about 40 minutes from Kingman and Lake Havasu City, with easy access to shopping, dining, boating, fishing, and outdoor recreation. A rare opportunity offering space, views, privacy, and valuable water resources.

How assumption works for this home

Can I assume this FHA loan?

Yes, as long as you meet the lender's credit (620+) and DTI requirements. FHA assumptions require you to use the home as your primary residence.

How much cash do I actually need?

You need to cover the seller's equity of $243,871. If you don't have that in cash, we can help structure secondary financing to cover the gap.

Can investors assume this one?

No — FHA loans require owner-occupancy. If you're an investor, ask us about our VA inventory.

How long does this take?

Typically 45 days. The lender underwriting is 2–3 weeks, and the rest is standard closing.

Property details

Bedrooms3
Bathrooms3
Square feet2,107
Property typeSingle Family
MLS #037735
CountyMaricopa County
Assumable loanFHA
Tour this home
In person or virtual.
Prefer virtual tour?
Free · No commitment · Typical reply in 15 min
Investor?
FHA is primary-residence only. But Jeff has VA assumables in the same area.
Jeff Salazar
Active now · (602) 332-3860
Call

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)
$1,176/mo
Source est. payment (PITI)
$1,621/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$243,871

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

$0$243,871
Additional funds needed$0

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