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VA/Buchanan County/Mavisdale

Mavisdale, VA

CityFMR
Buchanan County
Found 1 ZIP
Zillow
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City Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$799$799
1 BR$866$866
2 BR$943$943
3 BR$1,306$1,306
4 BR$1,506$1,506
5 BR$1,732Not available
6 BR$1,992Not available
7 BR$2,290Not available
8 BR$2,634Not available

Purchase Price Calculator

Maximum purchase price
$78,213

Cost breakdown

+Likely effective rent$943
HUD FMRUsed$943
Market rentN/A
Est. payment standardN/A
-Principal and interest-$395
Loan amount$62,570
Down payment$15,643
Rate6.50%
Term30 years
-Operating costs-$348
Property taxes-$78
Insurance-$175
Utilities$0
HOA$0
Management-$94
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$15,456(98.8% ROI)
Projected value
$84,227
Return breakdown
Property appreciation+$6,014
Loan principal paid down+$2,242
Rental cash flow+$7,200
5-year hold
+$26,275(168.0% ROI)
Projected value
$88,491
Return breakdown
Property appreciation+$10,278
Loan principal paid down+$3,998
Rental cash flow+$12,000
10-year hold
+$55,432(354.4% ROI)
Projected value
$100,119
Return breakdown
Property appreciation+$21,906
Loan principal paid down+$9,526
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
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Mortgage rate
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Mavisdale, VA fair market rent, FY 2027

For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in Mavisdale, VA is $943 a month. Mavisdale is in the Buchanan County, VA non-metropolitan FMR area. One county-wide FMR applies to every ZIP code in it. The median county two-bedroom FMR in Virginia is $1,262, so Mavisdale is 25% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Mavisdale, VA
BedroomsFY 202790–110% range
Studio$799$719–$879
1BR$866$779–$953
2BR$943$849–$1,037
3BR$1,306$1,175–$1,437
4BR$1,506$1,355–$1,657

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Mavisdale, VA
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$799$866$943$1,306$1,506
FY 2026SAFMR$790$830$910$1,280$1,500
FY 2025SAFMR$670$670$850$1,130$1,430
FY 2024$725$730$905$1,176$1,324
FY 2023$687$702$793$997$1,065

Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.

Questions about Mavisdale, VA rents

How much will Section 8 pay for a two-bedroom in Mavisdale, VA?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $943, that basic range is $849 to $1,037 a month. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is Mavisdale, VA in?

Mavisdale, VA is in the Buchanan County, VA non-metropolitan FMR area.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Fair Market Rents. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set

24627 FMRCounty fair market rentVA statewide rentsWhat is SAFMR?Data sources