Great opportunity for investors seeking a tenant-occupied property with immediate rental income. The home is well maintained and currently has a long-term tenant paying $2,300/month ($27,600 annual gross rent). A new A/C unit was installed in August 2026, helping reduce near-term capital expenses. Located in Avondale's growing West Valley corridor with convenient I-10 access to Downtown Phoenix and surrounding areas. Nearby amenities include shopping, dining, parks, schools, and Estrella Mountain Community College. Please do not disturb the tenant. Subject to tenant rights and proper notice. Buyer to verify all facts, figures, lease terms, schools, HOA, and other material information.
Yes, as long as you meet the lender's credit (620+) and DTI requirements. FHA assumptions require you to use the home as your primary residence.
You need to cover the seller's equity of $245,685. If you don't have that in cash, we can help structure secondary financing to cover the gap.
No — FHA loans require owner-occupancy. If you're an investor, ask us about our VA inventory.
Typically 45 days. The lender underwriting is 2–3 weeks, and the rest is standard closing.
Cash covers the gap between the price and the existing loan balance. Changing this amount does not change the existing mortgage payment.
P&I is principal and interest. PITI also includes estimated taxes and insurance. HOA fees and payments on any additional financing are separate.
Asking price minus remaining loan balance. Closing costs are additional.
The equity gap is covered. Closing costs and assumption fees still need to be confirmed.