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SC/Chesterfield County/Mount Croghan

Mount Croghan, SC

CitySAFMR
Chesterfield County
Found 1 ZIP

City Median Investment Score

90Below average

095130300
BRFMR
Eff. Rent
0 BR$640$640
1 BR$680$680
2 BR$890$890
3 BR$1,150$1,150
4 BR$1,220$1,220
5 BR$1,403Not available
6 BR$1,613Not available
7 BR$1,855Not available
8 BR$2,134Not available

Purchase Price Calculator

Maximum purchase price
$70,337

Cost breakdown

+Likely effective rent$890
HUD FMRUsed$890
Market rentN/A
Est. payment standardN/A
-Principal and interest-$356
Loan amount$56,270
Down payment$14,067
Rate6.50%
Term30 years
-Operating costs-$334
Property taxes-$70
Insurance-$175
Utilities$0
HOA$0
Management-$89
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$14,624(104.0% ROI)
Projected value
$75,745
Return breakdown
Property appreciation+$5,408
Loan principal paid down+$2,016
Rental cash flow+$7,200
5-year hold
+$24,838(176.6% ROI)
Projected value
$79,580
Return breakdown
Property appreciation+$9,243
Loan principal paid down+$3,595
Rental cash flow+$12,000
10-year hold
+$52,267(371.5% ROI)
Projected value
$90,037
Return breakdown
Property appreciation+$19,700
Loan principal paid down+$8,566
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
--
Mortgage rate
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Mount Croghan, SC fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Mount Croghan, SC is $890 a month. That is down 1.1% from $900 in FY 2026. Mount Croghan is in the Chesterfield County, SC non-metropolitan FMR area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the county-wide two-bedroom FMR of $885. The median county two-bedroom FMR in South Carolina is $1,098, so Mount Croghan is 19% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Mount Croghan, SC
BedroomsFY 2027Change90–110% range
Studio$640−5.9%$576–$704
1BR$680−1.4%$612–$748
2BR$890−1.1%$801–$979
3BR$1,150−1.7%$1,035–$1,265
4BR$1,220−5.4%$1,098–$1,342

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Mount Croghan, SC
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$640$680$890$1,150$1,220
FY 2026$680$690$900$1,170$1,290
FY 2025$700$710$930$1,200$1,320
FY 2024area FMR$714$718$905$1,164$1,291
FY 2023area FMR$639$642$780$1,012$1,071

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

Questions about Mount Croghan, SC rents

How much will Section 8 pay for a two-bedroom in Mount Croghan, SC?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $885, which applies unless the housing authority uses Small Area FMRs, that basic range is $797 to $974 a month; under the ZIP-level Small Area FMR of $890 it would be $801 to $979. 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 Mount Croghan, SC in?

Mount Croghan, SC is in the Chesterfield County, SC non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $885.

How much did fair market rent change in Mount Croghan, SC for FY 2027?

The two-bedroom FMR fell 1.1%, from $900 in FY 2026 to $890 in FY 2027. Since FY 2025 it has fallen 4.3%.

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 Small Area Fair Market Rents and area FMRs. 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