Properties / 6205 S 195TH Drive
VA ASSUMABLERate: 6.22%

6205 S 195TH Drive

$765,000
Buckeye, AZ 85326
4 beds3 baths2,806 sqftSingle Family
The assumable advantage
6.22%
VA assumed rate
$32,529 interest already paid off
Estimated Loan Balance$696,625
Cash to close$69,750
Est. Monthly PITI$4,810
Initial Loan Amount$700,000
Time on site50 days
Remaining Term29 years, 4 months
Seller's equity (what you pay)
$68,375
Cash or secondary financing
Monthly savings
$202
Versus today's market rate
Est. savings per year
$2K
Versus today's market rate

About this home

OWNED SOLAR | 1 ACRE IRRIGATED HORSE PROPERTY | 6 STALLS + 145'x145' ARENA | NO HOA Who wants to own a 'lil' YELLOWSTONE ranch in Arizona? Whether you're throwing a loop all day at steers or doing western pleasure riding this, lil ranch is the perfect fit! Like a good pair of Wrangler jeans! Built for the equestrian lifestyle, this fully irrigated 1-acre property combines a custom 2,806 sq ft Santa Fe-style home with infrastructure that is difficult to replicate. The setup includes six permanent horse stalls constructed with pipe, a hay barn and tack room, and a raked, de-stoned arena ready for daily riding, training, or roping practice. With a true SOUTHWEST design, exposed vigas, 12-foot ceilings, and a spacious great room create an open layout designed for everyday living. The kitchen flows seamlessly into the family room with fireplace and adjacent dining area, keeping everyone connected. A dedicated office and optional fourth bedroom provide flexibility for work, guests, or hobbies. The owner's suite offers a soaking tub, walk-in shower, and oversized walk-in closet, while the secondary bedrooms are connected by a Jack-and-Jill bath. Flood irrigation in both the front and back supports the property's green landscape and rural functionality. A three-car garage adds ample space for vehicles, trailers, equipment, and storage. Conveniently located near the Buckeye Equestrian Center, approximately 45 minutes from Wickenburg, the "Roping Capital of the World", with easy access to major highways, shopping, schools, and everyday amenities.

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 $68,375. 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

Bedrooms4
Bathrooms3
Square feet2,806
Property typeSingle Family
MLS #7040501
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)
$4,309/mo
Source est. payment (PITI)
$4,810/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$68,375

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

$0$68,375
Additional funds needed$0

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