Properties / 359 VERDE TRAIL Drive
VA ASSUMABLERate: 5.1%

359 VERDE TRAIL Drive

$524,000
Sierra Vista, AZ 85635
4 beds3 baths2,425 sqftSingle Family
The assumable advantage
5.1%
VA assumed rate
$94,795 interest already paid off
Estimated Loan Balance$432,169
Cash to close$92,494
Est. Monthly PITI$2,898
Initial Loan Amount$460,350
Time on site50 days
Remaining Term25 years, 11 months
Seller's equity (what you pay)
$91,831
Cash or secondary financing
Monthly savings
$583
Versus today's market rate
Est. savings per year
$7K
Versus today's market rate

About this home

EZ maintenance 4 bed 3 bath home. Split floorplan offering 9ft ceilings. Open Livingroom, Kitchen and dining. Large extended primary bedroom, bath offers dual vanities, spacious shower with 2 shower heads. Large walk in closet. Bedroom 2 offers its own bathroom with shower. Perfect for teens or guests. Bedrooms 3 & 4 are bright and spacious. Spacious 3 car garage with overhead storage. Water softener, washer, dryer and refrigerator included. Mini butler pantry update. HUGE .22 acre lot with large, extended patio and pergola. Plenty of room to add a pool. Gas stub to pad great for firepit or BBQ. 2 minutes from Canyon Vista Medical Center. Right in the heart of Sierra Vista with easy access to Shopping and schools. Freshly painted 2024.

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 $91,831. 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 feet2,425
Property typeSingle Family
MLS #7053882
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)
$2,507/mo
Source est. payment (PITI)
$2,898/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$91,831

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

$0$91,831
Additional funds needed$0

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