4096 London
VA Assumable
2.98% Rate
50 photos
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4096 London

Colorado Springs, CO 80916

5
Bedrooms
2
Bathrooms
1,775
Sq Ft

Payment Calculator

$1,342per month

In an assumption, your down payment covers the seller's equity. You'll need at least 5% of the purchase price in cash, and the rest can be covered with secondary financing.

How much can you bring down?$15,500
$15,500$45,206
Secondary Financing8.5% Rate
$29,706
Blended rate3.54% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$1,861/mo
Assumable @ 2.98% + gap
$1,342/mo
$519less per month
$519
per month
$6,234
per year
$187,020
over 30 years

🏦 Loan Details

List Price
$310,000
Assumable Rate
2.98%
Remaining Balance
$264,794
Loan Type
VA
Est. Equity Gap
$45,206
Annual Taxes
$1,317

About This Home

Investor alert and sweat-equity opportunity! offers solid bones, a functional layout, and plenty of upside for the buyer ready to add value. Situated on a corner lot, this property features gated RV parking, a greenhouse, and mountain views from the backyard β€” extras that are hard to come by.\r Inside, the home needs updating but offers a great foundation to work with, making it ideal for an investor, flipper, or handy homeowner looking to build equity. The spacious lot provides flexibility for outdoor improvements, while the RV gate and parking add serious practicality. Enjoy the bonus of mountain views as you plan future enhancements to the backyard space.\r With an open floor plan, great natural light, and functional layout, this property provides a versatile canvas ready for updates, finishes, and modern upgrades. Bring your vision, tools, and imagination β€” this is a true diamond in the rough with location, lot features, and potential all working in your favor. Property is being sold as-is. Don’t miss the opportunity to unlock its full value.

Data Source: Pikes Peak MLS (PPMLS)

Listing information is deemed reliable but not guaranteed. All data provided by the MLS and is subject to change. The Assumable Guy is not the listing agent for this property. Contact us to connect with the listing agent and explore assumable financing options.

This listing
$310,000
2.98% rateVASave $614/mo

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