Properties / 8802 S 537th Avenue
VA ASSUMABLERate: 2.84%

8802 S 537th Avenue

$360,000
Tonopah, AZ 85354
3 beds2 baths1,725 sqftSingle Family
The assumable advantage
2.84%
VA assumed rate
$29,305 interest already paid off
Estimated Loan Balance$202,919
Cash to close$158,889
Est. Monthly PITI$1,114
Initial Loan Amount$225,330
Time on site50 days
Remaining Term25 years, 2 months
Seller's equity (what you pay)
$157,081
Cash or secondary financing
Monthly savings
$1,182
Versus today's market rate
Est. savings per year
$14K
Versus today's market rate

About this home

Welcome to this 3 bedroom 2 bath home with a FULL ACRE with NO HOA, SOLAR, IRRIGATION, FENCED, NEW AC, NEW WATER HEATER, ENERGY EFFICIENT WINDOWS, WATER SOFTENER , and everything you've been looking for. This acre single family home offers 1,725 sq ft with an open-concept layout, granite countertops, and a spacious primary suite featuring a walk-in closet, separate tub, and shower. Bring your horses, RVs, trailers, and toys with plenty of room to enjoy. Take in beautiful desert and mountain views while enjoying the peace of country living.

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 $157,081. 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 feet1,725
Property typeSingle Family
MLS #7026170
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)
$941/mo
Source est. payment (PITI)
$1,114/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$157,081

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

$0$157,081
Additional funds needed$0

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