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Martinsburg, WV Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$1,656
Monthly Cash Flow
-$35
Principal + Equity
$1,959
Annual Total Gain
$23,087
Cash on Cash
-0.55%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$124
Occupancy Rate
55.17%
Monthly Revenue
$1,380
Monthly Cash Flow
-$518
Principal + Equity
$1,959
Annual Total Gain
$17,292
Cash on Cash %
-8.2%
Net ROI %
Market Health & Growth
Median Income
$54,590
Population
18,805
LTR Renter %
49.78%
Forecast (1 yr)
2.72%
Appreciation (1 yr)
3.13%
Appreciation (5 yr)
51.43%
Appreciation (10 yr)
93.58%
Job Growth
2.05%
LTR Rentability
Moderate
STR Demand
56
STR Rentals
98
Top Public Schools
BBurke Street Elementary School
BJonathan Hager Elementary School
B-
B-
B-
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
C
Overall
Top-level market grade
Best Places to Retire in West Virginia
#79out of 122 markets
Most Diverse Places to Live in West Virginia
#1out of 122 markets
Best Places for Young Professionals in West Virginia
#34out of 122 markets
C
Public School
D
Crime And Safety
C
Housing
B
Nightlife
C
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Martinsburg, WV.
As of September 2021, Martinsburg, WV does not have specific regulations in place for short term rentals. However, it is important for investors to be aware of potential changes in regulations that may occur in the future.
Investors should also consider the potential impact of short term rentals on the local community, including concerns about noise, parking, and property maintenance. It is important to be a responsible host and ensure that guests are respectful of the neighborhood and local regulations.
Additionally, investors should consider the potential for competition in the short term rental market in Martinsburg. It is important to research the demand for short term rentals in the area and consider factors such as location, amenities, and pricing when investing in a property for short term rental purposes.
Overall, investors should stay informed about any changes in regulations and be proactive in addressing any concerns from the local community to ensure a successful investment in the short term rental market in Martinsburg, WV.
Market Trends Over Time
Explore 25 years of market data for Martinsburg, WV, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Martinsburg, WV.
The LTR Genie Score of Martinsburg, WV is 73 and STR Genie Score is 56, indicating a moderate level of rentability for long-term rentals and a slightly lower level for short-term rentals. The LTR Net ROI of 30.44% suggests that long-term rental investments in Martinsburg could be profitable, while the STR Net ROI of 22.8% also shows potential for short-term rental investors. The 1-Year Price Appreciation Forecast of 2.72% indicates a stable market with modest growth potential.
Martinsburg, WV is a growing city located in the Eastern Panhandle region of West Virginia, with a mix of historic charm and modern amenities. The city offers a lower cost of living compared to nearby metropolitan areas, making it an attractive option for real estate investors looking for affordable properties with potential for growth.
Based on the metrics provided, Martinsburg, WV appears to be a promising market for both long-term and short-term rental investments. With a moderate to high Genie Score for both rental strategies and positive ROI figures, investors may find opportunities for profitability in this market. However, it is important to conduct further research and due diligence to fully assess the potential risks and rewards before making investment decisions.
LTR Genie Score 93
$85,000
🛏 6 Beds🛁 2.0000 Baths🏙 2,374 sqft.🏠 SINGLE FAMILY
