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386 Royal Crest Dr
C- Composite 52.9
Why this score? — see what drove the C- 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 +19.8/30.0
  • ARV discount +7.5/15.0
  • DSCR +6.3/10.0
  • Appreciation +6.0/10.0
  • 1% rule +5.3/10.0
  • Livability +3.8/5.0
  • Condition / age +3.8/5.0
  • Schools +2.7/10.0
  • Rent growth +2.5/5.0
  • Manufactured-home adj. -4.6

$119,000

386 Royal Crest Dr · Martinsburg, WV 25405
3 bd · 2.0 ba · 1,493 sqft · Manufactured · 147 Days on market
Manufactured home Built 2023 Good condition Garage $80/sqft · 57% below area ↓ 4% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

Welcome to Royal Crest Estates! This well-maintained 2023 Skyline/Prime manufactured home offers approximately 1,493 square feet of comfortable living space with 3 bedrooms, 2 full baths, and an inviting open-concept floor plan. The spacious kitchen features a center island, abundant cabinetry, and flows seamlessly into the main living area, making it ideal for everyday living and entertaining. A separate laundry room adds convenience, while the generous primary suite includes a large private bath and additional closet space. Outside, you'll find parking for up to four vehicles and a storage shed for extra storage needs.

Key facts

  • Spacious kitchen
  • Large private bath
  • Center island

Tags

OPEN-CONCEPT FLOOR PLANSPACIOUS KITCHENCENTER ISLANDSEPARATE LAUNDRY ROOMGENEROUS PRIMARY SUITELARGE PRIVATE BATH

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath manufactured listed at $119k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $141 ($2k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $119k).
  • Recommended offer: $105k (12.0% below list) — sets the bar for market timing.
  • Cap rate 7.7% vs local median 3.9% in Martinsburg — 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 75/100 on livability (#29 in WV, #4,057 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, cost of living A+, housing A+; Watch: commute F, employment D-.
  • Berkeley County Schools (other): math 21% / reading 38% proficiency, ranked #24 of 55 in WV (top 44%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
  • Market conditions: 180 active listings in the ZIP; 29 comparable units currently listed for rent nearby; rentals lingering (median 51d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 62% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 1,460 units permitted in Berkeley County in 2024 (16 in 5+ unit buildings).
  • This rent is only 16% of the median local income ($91k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

Forward outlook

  • In year one you build about $5k of equity ($823 loan paydown + $5k appreciation (3.8% local appreciation)).
  • Berkeley County population projected at +25% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (3.8% appreciation + 3.0% rent growth), your $33k cash investment doubles in ~5 years — after that, you're playing with house money.
  • By year 7, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 147 days — a 12% lower offer ($105k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Climate carrying-cost: extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $104,720 (12.0% below list)

Questions for the listing agent

  1. It's been on market 147 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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.
  5. 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.
  6. 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
1.03% ✓
Cap rate
7.72%
Cash-on-cash
5.09%
DSCR
1.23
GRM
8.1

CMA / ARV

ARV (median comp)
$279,450
List price
$119,000
Delta
-57.42%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
121 Cabriolet Ct 0.30mi 3/2.0 1,576 (+6%) 1mo $379,900 $241 76
1400 Prentiss Point Pkwy 0.20mi 3/2.5 1,684 (+13%) 3mo $334,900 $199 65
1181 Grapevine Rd 0.75mi 3/2.0 1,500 (+0%) 2mo $200,000 $133 62
481 Ives St 0.36mi 3/2.5 1,661 (+11%) 3mo $335,000 $202 60
339 Vine Cir 1.28mi 4/2.0 (+1) 1,500 (+0%) 0mo $109,000 $73 59
603 State Cir 0.55mi 4/2.5 (+1) 1,420 (-5%) 1mo $119,200 $84 58
1004 Nash Ct 0.21mi 4/3.0 (+1) 1,254 (-16%) 1mo $325,000 $259 55
307 Chestnut St 0.76mi 3/2.0 1,300 (-13%) 1mo $261,500 $201 43
602 S Raleigh St 1.11mi 3/2.0 1,680 (+12%) 2mo $195,000 $116 43
1005 Texas St 0.93mi 3/2.0 1,176 (-21%) 0mo $285,000 $242 40
915 Florida Ave 1.36mi 4/1.5 (+1) 1,707 (+14%) 1mo $299,000 $175 33
507 Wilson St 1.03mi 2/1.0 (-1) 1,176 (-21%) 3mo $255,000 $217 29

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

Projected returns pro-forma

3.84% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
14.4%
Equity multiple
1.86×
Total profit
$28,746
Equity at exit
$59,239
10-year hold
IRR
15.7%
Equity multiple
3.50×
Total profit
$83,328
Equity at exit
$96,027

Cash invested: $33,320 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
83 Strongly Landlord-Friendly
State West Virginia
83 Strongly Landlord-Friendly · R+22
County
— inherits STATE
City
— inherits STATE
Landlord-favorable; preempted; minimal protections.

ZIP-level market 25405

Home prices YoY
1.9%
Active inventory
180
Price-to-rent
8.1×

Monthly cashflow live

Estimated rent
$1,220 high interval (Pro) →
Mortgage (P&I)
−$624
Tax est. 1.5%
−$149 /mo · $1,785/yr
Insurance
−$50
HOA
−$0
Lot rent leased land?
−$0
Vacancy / Maint / Mgmt
−$256
Net cashflow
$141

Break-even live

Break-even rent $1,041
Max offer price $119,000
Occupancy floor 83%

Sensitivity live

Price -10% $224 -5% $182 +0% $141 +5% $100 +10% $59
Rent -10% $45 -5% $93 +0% $141 +5% $190 +10% $238
Rate -1.0pp $201 -0.5pp $172 base $141 +0.5pp $111 +1.0pp $79

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
$29,750
Closing costs
$3,570
Reserves months
—
Total cash needed
—

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
—
Monthly P&I
—
Monthly cashflow
—
DSCR
—
Eligible?
—

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
—
Monthly P&I
—
Monthly cashflow
—
DSCR
—
Eligible?
—

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
—
Monthly P&I
—
Monthly cashflow
—
DSCR
—
Eligible?
—

Short-term bridge; refi at stabilization.

Rent comps 29 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
210 Checko Ct Martinsburg, WV 3.0 2.5 1800 $1,795 $1.00 10d 1 0.19mi
850 Marquette Dr Unit 850 Martinsburg, WV 3.0 2.5 1800 $1,700 $0.94 51d 1 0.21mi
136 Checko Ct Martinsburg, WV 3.0 2.5 1320 $1,749 $1.32 162d 1 0.21mi
123 Checko Ct Martinsburg, WV 3.0 2.5 1336 $1,690 $1.26 10d 1 0.25mi
121 Checko Ct Martinsburg, WV 3.0 2.5 1320 $1,695 $1.28 162d 1 0.26mi
808 Marquette Dr Martinsburg, WV 3.0 2.5 1299 $1,730 $1.33 162d 1 0.31mi
629 State Cir Martinsburg, WV 2.0 2.0 1188 $1,100 $0.93 17d 1 0.50mi
629 State Cir Martinsburg, WV 2.0 2.0 1188 $1,100 $0.93 10d 1 0.50mi
116 S High St Martinsburg, WV 2.0 1.0 1200 $1,280 $1.07 154d 1 1.04mi
200 E King St Martinsburg, WV 2.0 1.0 900 $900 $1.00 154d 1 1.10mi
200 E King St Unit 10 Martinsburg, WV 2.0 1.0 900 $900 $1.00 162d 1 1.10mi
923 Virginia Ave Martinsburg, WV 2.0 1.5 1123 $1,500 $1.34 51d 1 1.10mi
589 Berkeley Cir Martinsburg, WV 2.0 2.0 1160 $1,970 $1.70 153d 1 1.15mi
61 Bosque CT Martinsburg, WV 3.0 2.5 1461 $1,900 $1.30 1d 1 1.15mi
334 S Church St Unit A Martinsburg, WV 2.0 1.0 900 $900 $1.00 37d 1 1.18mi
215 W King St Apt B Martinsburg, WV 2.0 2.0 1192 $1,690 $1.42 162d 1 1.21mi
431 E Race St Martinsburg, WV 3.0 1.5 1600 $1,350 $0.84 2d 1 1.22mi
431 E Race St Martinsburg, WV 3.0 2.0 1600 $1,350 $0.84 6d 1 1.22mi
620 W Virginia Ave Martinsburg, WV 3.0 1.0 1200 $1,555 $1.30 154d 1 1.23mi
300 N High St Martinsburg, WV 2.0 1.0 900 $950 $1.06 37d 1 1.24mi
204 E Martin St Unit 3 Martinsburg, WV 3.0 1.0 900 $950 $1.06 6d 1 1.25mi
316 N High St Martinsburg, WV 3.0 1.5 1300 $1,650 $1.27 154d 1 1.26mi
316 N High St Martinsburg, WV 3.0 1.5 1300 $1,300 $1.00 51d 1 1.26mi
653 Faulkner Ave Martinsburg, WV 3.0 1.5 1442 $1,450 $1.01 162d 1 1.33mi
218 N College St Martinsburg, WV 3.0 1.0 1200 $1,330 $1.11 162d 1 1.38mi
600 W John St Martinsburg, WV 1.0–2.0 1.0–2.0 859 $2,139 $2.49 7d 1 1.39mi
522 W King St Martinsburg, WV 3.0 3.0 1500 $2,250 $1.50 10d 1 1.40mi
405 Porter Ave Martinsburg, WV 3.0 1.0 1524 $1,750 $1.15 10d 1 1.49mi
311 Boyd Ave Unit A Martinsburg, WV 3.0 1.0 1100 $1,400 $1.27 51d 1 1.49mi

Property features AI

Finance

Other
Property managed by a property managerOwnership is a land lease interestProperty condition reported as very goodAccessibility with 2+ access exits
HOA & community
Located in Royal Crest EstatesLand lease of $555 per month (land lease years remaining listed as 0)

Exterior

Parking
Driveway parking for four vehicles (total of 4 garage/parking spaces listed)
Utilities
Public waterPublic sewerElectric service
Home design
Manufactured double-wide homeEstimated year builtAbove-grade living space
Construction
Vinyl sidingDouble-wide mobile home (28 ft by 56 ft)Model 3900, Skyline/Prime
Exterior features
Cleared, level lot with front and rear yardsOpen lot

Interior

Bedrooms
Three bedrooms on the main level
Flooring
Luxury vinyl plank
Bathrooms
Two full bathrooms on the main level
Heating & cooling
Central heating (electric)Central air conditioning (electric)Electric hot water
Interior features
Luxury vinyl plank flooringNo basementEstimated living area

Listing history 50 events

  1. 2026-11-08
    days on market $119,000 Active 147 DOM
  2. 2026-11-07
    days on market $119,000 Active 146 DOM
  3. 2026-11-06
    days on market $119,000 Active 145 DOM
  4. 2026-11-05
    days on market $119,000 Active 144 DOM
  5. 2026-11-04
    days on market $119,000 Active 143 DOM
  6. 2026-11-02
    days on market $119,000 Active 141 DOM
  7. 2026-11-01
    days on market $119,000 Active 140 DOM
  8. 2026-10-31
    days on market $119,000 Active 139 DOM
  9. 2026-10-30
    days on market $119,000 Active 138 DOM
  10. 2026-10-29
    days on market $119,000 Active 137 DOM
  11. 2026-10-28
    days on market $119,000 Active 136 DOM
  12. 2026-10-27
    days on market $119,000 Active 135 DOM
  13. 2026-10-26
    days on market $119,000 Active 134 DOM
  14. 2026-10-25
    days on market $119,000 Active 133 DOM
  15. 2026-10-24
    days on market $119,000 Active 132 DOM
  16. 2026-10-23
    days on market $119,000 Active 131 DOM
  17. 2026-10-22
    days on market $119,000 Active 130 DOM
  18. 2026-10-21
    days on market $119,000 Active 129 DOM
  19. 2026-10-20
    days on market $119,000 Active 128 DOM
  20. 2026-10-19
    days on market $119,000 Active 127 DOM
  21. 2026-10-18
    days on market $119,000 Active 126 DOM
  22. 2026-10-17
    days on market $119,000 Active 125 DOM
  23. 2026-10-16
    days on market $119,000 Active 124 DOM
  24. 2026-10-15
    days on market $119,000 Active 123 DOM
  25. 2026-10-14
    days on market $119,000 Active 122 DOM
  26. 2026-10-13
    days on market $119,000 Active 121 DOM
  27. 2026-10-12
    days on market $119,000 Active 120 DOM
  28. 2026-10-11
    days on market $119,000 Active 119 DOM
  29. 2026-10-10
    days on market $119,000 Active 118 DOM
  30. 2026-10-09
    days on market $119,000 Active 117 DOM
  31. 2026-10-08
    days on market $119,000 Active 116 DOM
  32. 2026-10-07
    days on market $119,000 Active 115 DOM
  33. 2026-10-06
    days on market $119,000 Active 114 DOM
  34. 2026-10-05
    days on market $119,000 Active 113 DOM
  35. 2026-10-04
    days on market $119,000 Active 112 DOM
  36. 2026-10-04
    days on market $119,000 Active 111 DOM
  37. 2026-10-02
    days on market $119,000 Active 110 DOM
  38. 2026-10-01
    days on market $119,000 Active 109 DOM
  39. 2026-09-30
    days on market $119,000 Active 108 DOM
  40. 2026-09-29
    days on market $119,000 Active 107 DOM
  41. 2026-09-28
    days on market $119,000 Active 106 DOM
  42. 2026-09-27
    days on market $119,000 Active 105 DOM
  43. 2026-09-26
    days on market $119,000 Active 104 DOM
  44. 2026-09-25
    days on market $119,000 Active 103 DOM
  45. 2026-09-24
    days on market $119,000 Active 102 DOM
  46. 2026-09-24
    days on market $119,000 Active 101 DOM
  47. 2026-09-22
    days on market $119,000 Active 100 DOM
  48. 2026-09-21
    days on market $119,000 Active 99 DOM
  49. 2026-09-20
    days on market $119,000 Active 98 DOM
  50. 2026-09-18
    days on market $119,000 Active 96 DOM

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

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 5/10 Major 7 d/yr ≥103°F today · 17 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low 3% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$14,639
− Mortgage interest
−$6,666
− Property taxes
−$1,785
− Insurance
−$595
− Repairs & maintenance
−$1,171
− Management
−$1,171
− Depreciation
−$3,462
Taxable loss
−$211
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$51
After-tax cash flow
$1,747/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.

Condition & rehab AI · 12 photos

Good 75/100 Cosmetic rehab Est. rehab $7,465–$22,395 screening

This well-maintained 2023 Skyline/Prime manufactured home offers a good condition with minor repairs needed. It is move-in ready with a good curb appeal and potential for value-adding updates.

Repairs flagged

  • Minor Kitchen countertops — Worn appearance
  • Minor Kitchen cabinets — Worn appearance
  • Minor Bathroom sink — Worn appearance
  • Minor Bathroom toilet — Worn appearance

Value-add opportunities

  • Both Painting and updating kitchen cabinets — Fresh paint and updated cabinets can significantly enhance curb appeal and interior aesthetics. ↑
  • Both New flooring in bathrooms — Replacing worn-out flooring with new materials can improve both resale and rental value. ↑
  • Both Landscaping improvements — Aesthetic improvements can boost curb appeal and attract potential buyers or renters. ↑
  • Both HVAC maintenance — Ensuring the HVAC system is in good condition can improve comfort and energy efficiency, attracting more buyers or renters. ↑
  • Both Window treatments — New window treatments can enhance curb appeal and interior aesthetics, making the home more attractive to potential buyers or renters. ↑

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 27/100

Zoned Schools

Elementary Berkeley Heights Elementary School F WV #287/377 Nat'l #30,133/41,679 Middle Martinsburg South Middle School F WV #84/109 Nat'l #10,474/14,009 High Martinsburg High School F WV #53/110 Nat'l #10,273/17,239

Schools (NCES district)

District
Berkeley County Schools
NCES district ID
5400060
Math proficiency
21% ▼ -12.00%
Reading proficiency
38% ▼ -6.00%
Median HH income
$54,599
Composite
26.16/100
National rank
#7273
State rank
#24 of 55 in WV
B Composite livability gradescore 75/100

Livability — Martinsburg

Score
75/100
State rank
#29
US rank
#4057

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Berkeley · 127,359 people
City population
55,439
Metro
Hagerstown-Martinsburg, MD-WV
Population (ZIP)
14,993
Household income
$90,962
Rent vs Own
15.8% rent · 84.2% own
Severe rent burden
2% of renters

Population outlook (Berkeley County) Hauer SSP2

Today (2025)
127,359 people
By 2030
134,684 · +5.8%
By 2040
148,219 · +16.4%
By 2050
159,300 · +25.1%
By 2075
179,920 · +41.3%
By 2100
183,896 · +44.4%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (84%)
Race & ethnicity
White 84% Black 6% Hispanic / Latino 5% Two or more races 5%
Hispanic origin (detail)
Puerto Rican 1% Dominican 1%
Languages at home
93% English-only · Spanish 4% Other Indo-European 1%

Political lean MEDSL · Berkeley

2024 margin
Solid R (+35.8) · D 31.2% · R 67.0% · Other 1.8%
2008→2024 swing
-22.8pp toward R · 2008: -13.0pp · 2024: -35.8pp
All cycles
2024: R+35.8 2020: R+31.2 2016: R+37.2 2012: R+21.3 2008: R+13.0

Not yet ingested

Civics
—

Price history

-4.0% since first listed
2 events — show timeline
  • 2026-07-01 Price Changed $119,000 BRIGHT MLS
  • 2026-06-14 Listed $124,000 BRIGHT MLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…