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About This Property

This 1,024 square foot home is on a large lot with 3 bedrooms and 1 bathroom located in Clark county. Great proximity to parks and greenspace. One car attached garage with a fence back yard. Great for a first time homebuyer.

Buyers with ITIN numbers are allowed, please see the list of lenders for more details or contact us with your questions.

Listed by Tyler Koski, real estate broker licensed in OR and WA with listing office Dwell Realty.

Listed by Undra Adams, real estate broker licensed in OR with listing office Proud Ground.

More Information:
For more information about this property, contact Undra Adams, licensed broker in Oregon at 503-493-0293 x106 or undra@proudground.org.

Please view the photos and submit your application if you’re interested in this home. The top applicant will be given a tour of the home prior to completing a sale agreement.

Property Details

Address:
5304 NE Minnehaha St, Vancouver, Washington 98684

Year Built: 1977

Est. Sq. Ft.: 1,024

Estimated Monthly Price: $1,743/mo*

Estimated monthly HOA/Condo fees: $0

Estimated Appraised Value: $350,000

Estimated Monthly Property Taxes: $198

Proud Ground Monthly Fee: $50

Estimated Recording Fees: $800

Max. front end/housing ratio: 35%

Max. back-end ratio: 45%

Minimum home buyer contribution to purchase: $500

1st time homebuyer required?: Yes

Land Lease or Covenant? Land Lease

*Payment amount assumes 6% interest on a 30-year, fixed-rate Oregon Bond loan of $239,500 with a $500 down payment and payment includes property taxes, insurance, service fee & HOA fees, if applicable. You must be an income-qualified homebuyer with a minimum income of $57,000 to purchase this home with Proud Ground. Owner-occupancy, resale, and other restrictions apply. Final monthly payment and down-payment amount will be determined by the lender based on current interest rates.


Income Qualification

To qualify for this home, your total household income must be at or below a specific amount, based on household size. Proud Ground calculates your income by reviewing recent pay information and accounting for any expected raises or additional income that might occur during the first year you own your home. Household income includes gross annual income (before taxes), commissions, overtime, bonuses, child support, alimony, pensions, benefits, and income from anyone 18 or older living in the home, even if they’re not on the loan. Once you have purchased your home, no additional income certification is required. This is a strict guideline and no exceptions to maximum income limits can be made.

Please review the table to see if you qualify.

Household Size Maximum Household Income
1 $66,100
2 $75,550
3 $85,000
4 $94,400
5 $102,000
6 $109,550
7 $117,100
8 $124,650

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