308 S Raleigh StMartinsburgWV25401
INVESTMENT ANALYSIS
Investment Verdict
Solid Income308 S Raleigh St, Martinsburg, WV, 25401 in Martinsburg is a solid income-producing rental, 9.54% gross yield, $1,367/mo rent, $372/mo net cash flow on a $172,000 buy. DSCR 1.77 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $47,520 and $1,584/yr in principal reduction project a total cumulative return of $88,892.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 5.2% |
| Monthly Cash Flow | $372 | $420 |
City averages based on Martinsburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,367 |
| Total Monthly Debt Service | $927 |
| DSCR Ratio | 1.47x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1920
1,537 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25401, Martinsburg, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,510 (100%) |
| Owner Occupied HU | 3,092 (41.2%) |
| Renter Occupied HU | 3,598 (47.9%) |
| Vacant Housing Units | 820 (10.9%) |
| Median Home Value | $265,545 |
| Average Home Value | $270,433 |
Housing Distribution
Address Breakdown
Residential
6,870
Single Family
6,288
Multi-Family
582
Businesses
699
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Single Family
Built in 1920
1,537 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25401, Martinsburg, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,510 (100%) |
| Owner Occupied HU | 3,092 (41.2%) |
| Renter Occupied HU | 3,598 (47.9%) |
| Vacant Housing Units | 820 (10.9%) |
| Median Home Value | $265,545 |
| Average Home Value | $270,433 |
Housing Distribution
Address Breakdown
Residential
6,870
Single Family
6,288
Multi-Family
582
Businesses
699
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sasha Lerner • Exit Success Realty
Mls Name: Bright MLS
Mls ID: #WVBE2047420