Nestled in a quiet, well-established neighborhood in South Lakeland, 4821 S Gachet Blvd beautifully combines comfort, functionality, and the advantages of a highly convenient location. This 3-bedroom, 2-bathroom residence offers an impressive 2,253 square feet of living space set on a generous 0.23-acre lot—with the added bonus of no HOA restrictions. The property’s placement is ideal for those who value accessibility, sitting just minutes from the Polk Parkway for quick commutes to both Tampa and Orlando. Families will appreciate being just down the road from Highlands Grove Elementary, while future growth in the area, including the new Orlando Health Lakeland campus scheduled to open in 2026, enhances both the convenience and long-term value of this prime location. Step inside and you’ll discover a versatile floor plan with two separate living areas designed to meet a variety of needs. The spacious front living room offers a welcoming area for gatherings, while the oversized flex space can adapt seamlessly into a home office, playroom, media room, or even a potential fourth bedroom—making this home a perfect fit for evolving lifestyles. At the heart of the home sits the expansive kitchen, offering abundant counter space and cabinetry, a layout that is ideal for both daily meals and entertaining guests. The open design flows into the dining area and beyond, creating a warm and inviting atmosphere. From the main living area, French doors open to a screened lanai, providing the perfect spot to enjoy morning coffee, evening relaxation, or entertaining friends. The lanai overlooks the large, fenced backyard—a private outdoor retreat with plenty of room for gardening, pets, or even a future pool to create your own backyard oasis. Practical updates and energy efficiency are already built into this property. A robust 5-ton air conditioning system was installed in 2020, ensuring reliable year-round comfort. Additionally, the home features a fully paid-off solar panel system installed in 2023, allowing the next homeowner to enjoy significantly reduced utility bills from the very first day. These valuable upgrades add both peace of mind and long-term savings. The exterior of the property is equally accommodating, with an extra-large driveway that provides ample parking for multiple vehicles, guests, or even recreational equipment such as boats or RVs—an added bonus for families who need space for all their toys and activities. With its flexible floor plan, modern updates, and unbeatable location near schools, shopping, healthcare, dining, and major highways, this South Lakeland home represents an incredible opportunity to enjoy both comfort and convenience. Whether you’re seeking room to grow, an energy-efficient lifestyle, or proximity to all that Central Florida has to offer, 4821 S Gachet Blvd checks every box. Schedule your private showing today and experience firsthand the space, upgrades, and welcoming atmosphere this home has to offer—you may find yourself never wanting to leave. Schedule your tour today!
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.
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 580, 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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
