Rare Opportunity: FHA Assumable Mortgage at 3% - Save Potentially 223K!

Welcome to one of the largest lots in the neighborhood! This home sits on a spacious 7,795 sq ft lotproviding ample room for outdoor entertaining, gardening, or future expansion. Best of all, its not in a flood zone, offering peace of mind and potential insurance savings.

One of the best features of this property is the current FHA assumable mortgage with an incredible 3.0% interest rate. With interest rates currently around 6.2%, this could mean huge savings for qualified buyers. Heres an ESTIMATE when comparing financing 325K (current mortgage):

Monthly Payment (P&I): 1,370 vs. 1,988 ? Save 617/month

Total Interest Paid: 169K vs. 392K ? Save 223K

More yard space and a smarter financial move