7330 Valley Vista Ave, Yucca Valley, CA 92284
1 beds · 1 baths · 940 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Discover one of the most successful short-term rentals in the High Desert: The Hot Tub Time Machine. This enchanting one-bedroom, one-bath home has been a thriving short-term rental in Yucca Valley for years, offering an unparalleled escape with breathtaking views of the desert and the San Gorgonio Mountains. Set on 1.25 acres, this 940 square foot, FULLY FURNISHED home is both private and secluded, yet conveniently close to downtown Yucca Valley as well as The Copper Room and Tiny Pony. The home is bathed in natural light and features a spacious freshly painted kitchen, a working fireplace, and a well-appointed living space designed for relaxation. With mature cactus all around the patio, tons of creosote bushes and Joshua trees on the property, enjoy abundant wildlife in the morning with your coffee. Step outside to enjoy the new hot tub and lounge on the double hammock while taking in the stunning desert skies. The huge backyard includes a 6ft cowboy pool, and multiple areas for lounging with an outdoor fire pit too. A two-car garage with water and power already inside adds convenience, while the property’s turnkey status with active bookings, excellent financials, and over 532 glowing reviews make this a rare investment opportunity. Adding to its charm, the property includes The Glass House, a one-of-a-kind space guests can enjoy year round. Equipped with a mini-split for comfort, The Glass House elevates the experience with its unique ambiance and panoramic views from within. With enough space on the property to add an ADU, you can easily add more value to your home, while still renting out the main home. Property is zoned Commercial/ Residential and the zoning also allows livestock and horses. This is a rare opportunity to own a top-performing short-term rental in one of the most sought-after destinations in the High Desert. Don’t miss out—this is desert magic at its finest!
Source: CRMLS #JT25070819
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: CRMLS #JT25070819
To qualify, you must meet the current FHA or VA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50%. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 620, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.