VA loan
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VA loan
$320,000
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15268 Yellow Wood Dr, Alva, FL 33920

3 beds · 2 baths · 2,116 sqft

Welcome to 15268 Yellow Wood Dr in Alva—a warm and welcoming home nestled in a peaceful 55+ community designed for relaxed, resort-style living. This thoughtfully laid-out home features a spacious split floor plan with 3 bedrooms and 2 bathrooms, offering comfort, privacy, and plenty of room for guests or hobbies. The open-concept great room design allows for easy entertaining and everyday living, with the living, dining, and kitchen areas flowing together seamlessly. Whether you're enjoying morning coffee, hosting neighbors, or simply unwinding with a good book, this home offers the perfect setting. Step outside and imagine your own private retreat—the backyard has ample space for a pool and features a desirable north-facing rear exposure for sun-drenched afternoons and cooler evenings. Both bathrooms have had recent, minor upgrades, and the home is move-in ready. Located just 30 minutes from Southwest Florida International Airport(RSW), and close to shopping, dining, and top-rated healthcare facilities. As part of a vibrant 55+ community, residents enjoy access to a well-appointed clubhouse, an exercise room, and a sparkling community pool—ideal for staying active and social. If you're ready to enjoy a quieter pace of life with all the modern comforts, 15268 Yellow Wood Dr offers the perfect balance of serenity and convenience. Come see what retirement living should feel like.

Estimated
Seller's interest rate
2.875%
7%
Estimated
Monthly payment

$1,674
$2,234
You may also save up to $175,201 in total interest paid.

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.


Open house
Jun 14 • 11AM - 1PM
Seller’s estimated current equity is SIGNIN
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with gap financing.
Estimated $2,234 monthly payment

Financed
SIGNIN
Location
Loan details
Loan type
VA
Rate
2.875%
Remaining term
26 yrs and 1 mo
Remaining balance

Source: Public records

Monthly payment

All values shown are estimated costs / mo.

Total
$1,674
Principal & interest
$1,053
Mortgage insurance
-
Property taxes
$330
Home insurance
$290
HOA fees
-
Utilities
Not included

Source: Public records

Home details
Size
1,684 sqft
Lot size
0.19 acres
Year built
2016
Type
Single Family Residence
HOA dues
$0.00

Source: FORTMYERS #225052755

Frequently asked questions

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 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.

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Last updated: Jun 12, 2025 06:06 pm
Listing agent: Sherry Puchacz (239) 940-8868
Listing provided courtesy of: RE/MAX Alliance Group (941) 639-1376
Details provided by FORTMYERS and may not match the public record.
MLS ID: #225052755
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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Est. seller's rate
2.875%
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