Properties / 527 N SKYLANE Road
VA ASSUMABLERate: 6.5%

527 N SKYLANE Road

$516,000
Pinetop, AZ 85935
2 beds2 baths1,520 sqftSingle Family
The assumable advantage
6.5%
VA assumed rate
$33,952 interest already paid off
Estimated Loan Balance$363,910
Cash to close$152,915
Est. Monthly PITI$3,134
Initial Loan Amount$375,000
Time on site50 days
Remaining Term18 years, 8 months
Seller's equity (what you pay)
$152,090
Cash or secondary financing
Monthly savings
$234
Versus today's market rate
Est. savings per year
$3K
Versus today's market rate

About this home

Nestled in the highly desirable Ski Hi Community, this inviting mountain cabin offers comfort, privacy, and true high-country living. This well-cared-for 2-bedroom, 2-bath home blends rustic charm with thoughtful upgrades, making it an ideal full-time residence, seasonal retreat, or investment opportunity. Inside, the home features a spacious, well-designed kitchen with gorgeous cabinetry, generous counter space, a pantry, prep sink, & farmhouse sink--perfect for both everyday use and entertaining. The kitchen flows into the dining area & main living spaces, complemented by durable laminate flooring throughout for a clean, cohesive look. The large primary suite provides a peaceful retreat with a private ensuite bath. The second bedroom offers flexible use as guest space or office. SEE MORE Outdoor living is a highlight, with covered front and rear decks capturing panoramic mountain views and offering exceptional privacy for relaxing or entertaining year-round. The exterior is beautifully maintained with established landscaping that enhances curb appeal, along with a fully fenced backyard for added functionality and security. Additional features include a durable metal roof, low-maintenance Smart siding, a cozy pellet stove for winter warmth, and a Generac home generator for dependable backup power. A 12x16 storage shed provides valuable extra space for tools, equipment, or workshop use. Move-in ready and ideally situated, this property delivers a seamless blend of mountain charm, modern function, and lasting value.

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 $152,090. 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

Bedrooms2
Bathrooms2
Square feet1,520
Property typeSingle Family
MLS #7035423
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)
$2,809/mo
Source est. payment (PITI)
$3,134/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$152,090

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

$0$152,090
Additional funds needed$0

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