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6708 Haag St
B Composite 73.06
Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +30.0/30.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • ARV discount +9.2/15.0
  • Schools +5.3/10.0
  • Livability +3.6/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$80,000

6708 Haag St · West Richland, WA 99353
2 bd · 2.0 ba · 924 sqft · Manufactured public records · 10 Days on market
Built 1984 Est $83k · at est.

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

Priced to sell with a motivated seller. Live in the desirable Desert View community park. 2 bedrooms 2 full bathrooms, craft or work space, full kitchen with extra chef sink. Updated master bathroom. Hall closet and laundry room. Fully landscaped big yard with 2 sheds for plenty of storage. Seller is selling home as is. Seller to include 3,000.00 at closing for floor upgrades or anything you choose. Family park with seasonal swimming pool clubhouse gym playground and basketball court. Easy online application for park approval. Come have a look at your new home. Affordable lot rent, 555.00 plus water sewer trash, average cost is around 650.00-730.00 depending on usage.

Key facts

  • Craft or work space
  • Extra chef sink
  • Built 1984

Tags

DESERT VIEW COMMUNITY PARKCRAFT OR WORK SPACEEXTRA CHEF SINKUPDATED MASTER BATHROOMFULLY LANDSCAPED BIG YARD2 SHEDS FOR PLENTY OF STORAGE

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/2.0-bath manufactured listed at $80k.

Deal economics

  • At list price, monthly cash flow is $796 ($10k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $80k).
  • Cap rate 18.2% vs local median 3.2% in West Richland — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 71/100 on livability (#236 in WA) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: cost of living D+, amenities F, commute F.
  • Richland School District (urban): math 52% / reading 64% proficiency, ranked #61 of 291 in WA (top 21%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Market conditions: 243 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals leasing fast (median 14d on market — plan ~1-2 weeks tenant-placement turnaround); high-income renter base; 1,532 units permitted in Benton County in 2024 (389 in 5+ unit buildings).
  • This rent is only 16% of the median local income ($122k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $553 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
  • Benton County population projected at +32% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (-3.0% appreciation + 3.0% rent growth), your $22k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

  • Only 10 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

  • Climate carrying-cost: major wildfire risk; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $80,000

Questions for the listing agent

  1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  2. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  3. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  4. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  5. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
2.01%
Cap rate
18.23%
Cash-on-cash
42.64%
DSCR
2.90
GRM
4.1

CMA / ARV

ARV (on-the-fly)
$83,160
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
6408 Haag St 0.19mi 2/2.0 924 (0%) 6mo $89,500 $97 86
6705 S Morrison St 0.15mi 2/2.0 924 (0%) 16mo $85,000 $92 80
313 Sahara Ct #686 0.25mi 2/2.0 924 (0%) 11mo $65,000 $70 79
313 Sahara Ct 0.25mi 2/2.0 924 (0%) 11mo $65,000 $70 79
207 N 68th Ave #501 0.15mi 3/2.0 (+1) 996 (+8%) 0mo $75,000 $75 75
6311 Desert View Dr 0.27mi 2/2.0 938 (+2%) 12mo $76,000 $81 75
324 Mojave Ct 0.24mi 2/1.0 960 (+4%) 7mo $86,000 $90 72
6600 Haag St 0.10mi 3/1.0 (+1) 924 (0%) 19mo $83,000 $90 70
6707 Haag St 0.02mi 2/1.0 972 (+5%) 21mo $75,000 $77 69
868 N 62nd Ave 0.66mi 2/2.0 924 (0%) 1mo $195,000 $211 68
107 N 68th Ave 0.10mi 3/1.0 (+1) 938 (+2%) 19mo $90,000 $96 68
892 N 62nd Ave 0.68mi 3/2.0 (+1) 960 (+4%) 21mo $269,900 $281 40

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
39.4%
Equity multiple
2.68×
Total profit
$37,705
Equity at exit
$11,928
10-year hold
IRR
45.8%
Equity multiple
5.38×
Total profit
$98,013
Equity at exit
$6,917

Cash invested: $22,400 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
28 Tenant-Leaning
State Washington
28 Tenant-Leaning · D+8
County
— inherits STATE
City
— inherits STATE
Just-cause statewide (2021); Seattle layers rent control restrictions + relocation assistance; very tenant-friendly.

ZIP-level market 99353

Active inventory
243
Price-to-rent
4.1×

Monthly cashflow live

Estimated rent
$1,611 high interval (Pro) →
Mortgage (P&I)
$420
Tax from tax record
$24 /mo · $283/yr
Insurance
$33
HOA
$0
Vacancy / Maint / Mgmt
$338
Net cashflow
$796

Break-even live

Break-even rent $603
Max offer price $80,000
Occupancy floor 46%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$20,000
Closing costs
$2,400
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 5 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
5889 W Van Giesen St Unit 4 West Richland, WA 1.0 1.0 584 $895 $1.53 43d 1 0.65mi
870 Walton Pl West Richland, WA 2.0 2.0 919 $1,495 $1.63 13d 1 0.78mi
7850 Paradise Way West Richland, WA 2.0 2.0 929 $1,500 $1.61 13d 4 0.91mi
8000 Paradise Way West Richland, WA 2.0 2.0 924 $1,575 $1.70 13d 2 0.97mi
8152 Paradise Way West Richland, WA 2.0–3.0 2.0–2.5 1262 $2,095 $1.66 13d 7 1.07mi

Listing history 9 events

  1. 2026-06-18
    days on market $80,000 Active 10 DOM
  2. 2026-06-17
    days on market $80,000 Active 9 DOM
  3. 2026-06-16
    days on market $80,000 Active 8 DOM
  4. 2026-06-15
    days on market $80,000 Active 7 DOM
  5. 2026-06-14
    days on market $80,000 Active 5 DOM
  6. 2026-06-13
    days on market $80,000 Active 4 DOM
  7. 2026-06-10
    days on market $80,000 Active 2 DOM
  8. 2026-06-09
    remarks 677-char remark
  9. 2026-06-09
    listed $80,000 Active 1 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast WA · Resets to sale price

Current annual tax
$283 · $24/mo
Projected year-2 tax
$784 · $65/mo
Expected delta
+$501/yr (+$42/mo · 176.7%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X · 0% chance over 30 yrs
  • 🔥 Wildfire 6/10 Major
  • 🌡 Heat 5/10 Major 7 d/yr ≥98°F today · 15 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 8/10 Severe 14 unhealthy d/yr today · 14 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$19,327
− Mortgage interest
−$4,481
− Property taxes
−$283
− Insurance
−$400
− Repairs & maintenance
−$1,546
− Management
−$1,546
− Depreciation
−$2,327
Taxable income
$8,743
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,098
After-tax cash flow
$7,452/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Richland School District
NCES district ID
5307320
Math proficiency
52% ▬ 0.00%
Reading proficiency
64% ▼ -1.00%
Median HH income
$70,475
Composite
53.04/100
National rank
#3244
State rank
#61 of 291 in WA

Livability — West Richland

Score
71/100
State rank
#236
US rank
#7220

Category grades

Amenities F Commute F Cost of living D+ Crime A+ Employment A+ Housing A+ Health & safety D- User ratings B+

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
West Richland, WA
County
Benton County · 186,895 people
City population
19,251
Metro
Kennewick-Richland, WA
Population (ZIP)
19,251
Household income
$121,845
Rent vs Own
16.1% rent · 83.9% own
Severe rent burden
254.0

Population outlook (Benton County) Hauer SSP2

Today (2025)
219,421 people
By 2030
233,813 · +6.6%
By 2040
262,134 · +19.5%
By 2050
290,100 · +32.2%
By 2075
363,525 · +65.7%
By 2100
418,667 · +90.8%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (74%)
Race & ethnicity
White 74% Hispanic / Latino 15% Two or more races 15% Asian 2%
Hispanic origin (detail)
Mexican 13%
Common ancestry
Portuguese 4% Italian 4% Lithuanian 4%
Foreign-born
7% · Canada, Vietnam, China
Languages at home
87% English-only · Spanish 10% Other Asian/Pacific 1% Arabic 1%

Political lean MEDSL · Benton

2024 margin
Strong R (+21.9) · D 37.7% · R 59.6% · Other 2.7%
2008→2024 swing
+4.2pp toward D · 2008: -26.1pp · 2024: -21.9pp
All cycles
2024: R+21.9 2020: R+21.0 2016: R+26.6 2012: R+27.0 2008: R+26.1

Not yet ingested

Civics

Market trends

HPI YoY
▼ -218.63%
Current HPI
239.5096
Rent YoY
Metro
Kennewick-Richland, WA
State GDP YoY
▲ 4.65%
F500 in state
22

Industry mix (Fortune 500 HQ in WA)

Industry F500 HQs Revenue

Price history

1 event — show timeline
  • 2026-06-09 Listed $80,000 FSBO.com

Property tax history

+9.5%/yr

Latest (2026): $283 · +33.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…