Properties / 5735 W JONES Avenue
VA ASSUMABLERate: 4.17%

5735 W JONES Avenue

$400,000
Phoenix, AZ 85043
3 beds2 baths1,480 sqftSingle Family
The assumable advantage
4.17%
VA assumed rate
$49,290 interest already paid off
Estimated Loan Balance$262,830
Cash to close$138,579
Est. Monthly PITI$1,686
Initial Loan Amount$283,488
Time on site50 days
Remaining Term25 years, 8 months
Seller's equity (what you pay)
$137,170
Cash or secondary financing
Monthly savings
$968
Versus today's market rate
Est. savings per year
$12K
Versus today's market rate

About this home

Welcome to this beautifully maintained 3x2 home that perfectly blends comfort, style, and convenience. From the moment you arrive, you'll appreciate the pride of ownership and exceptional care that make this residence truly move-in ready. Step inside to discover a bright, open-concept floor plan designed for both everyday living and effortless entertaining. Abundant natural light enhance the spacious feel, while the thoughtfully designed split floor plan provides privacy by separating the primary suite from the secondary bedrooms. Outside, enjoy the benefits of desirable north/south exposure, helping to maximize natural light while minimizing direct afternoon sun. Residents also have access to a gorgeous resort-style community pool, offering the perfect place to relax, unwind, and enjoy Arizona's beautiful weather without the maintenance of a private pool. Ideally located just minutes from Loop 202, this home provides quick and convenient access to shopping, dining, entertainment, parks, top-rated schools, and major employment centers, making commuting throughout the Valley a breeze. Whether you're searching for a primary residence, a lock-and-leave lifestyle, or an exceptional investment opportunity, this meticulously cared-for home offers the perfect combination of location, lifestyle, and value. Don't miss your chance to make this exceptional property your new home!

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 $137,170. 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 feet1,480
Property typeSingle Family
MLS #7052459
CountyMaricopa County
Assumable loanVA
Tour this home
In person or virtual.
Prefer virtual tour?
Free · No commitment · Typical reply in 15 min
Investor?
This VA loan can be assumed and rented. Talk to Jeff about the ROI math.
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)
$1,391/mo
Source est. payment (PITI)
$1,686/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$137,170

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

$0$137,170
Additional funds needed$0

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