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MS/Rankin County/Sandhill

Sandhill, MS

CityFMR
Rankin County
Found 1 ZIP
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City Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$1,099$1,099
1 BR$1,105$1,105
2 BR$1,289$1,289
3 BR$1,536$1,536
4 BR$1,694$1,694
5 BR$1,948Not available
6 BR$2,240Not available
7 BR$2,576Not available
8 BR$2,963Not available

Purchase Price Calculator

Maximum purchase price
$129,628

Cost breakdown

+Likely effective rent$1,289
HUD FMRUsed$1,289
Market rentN/A
Est. payment standardN/A
-Principal and interest-$655
Loan amount$103,703
Down payment$25,926
Rate6.50%
Term30 years
-Operating costs-$434
Property taxes-$130
Insurance-$175
Utilities$0
HOA$0
Management-$129
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$20,883(80.5% ROI)
Projected value
$139,596
Return breakdown
Property appreciation+$9,967
Loan principal paid down+$3,715
Rental cash flow+$7,200
5-year hold
+$35,660(137.5% ROI)
Projected value
$146,663
Return breakdown
Property appreciation+$17,034
Loan principal paid down+$6,626
Rental cash flow+$12,000
10-year hold
+$76,094(293.5% ROI)
Projected value
$165,935
Return breakdown
Property appreciation+$36,307
Loan principal paid down+$15,788
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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Sandhill, MS fair market rent, FY 2027

For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in Sandhill, MS is $1,289 a month. That is up 0.1% from $1,288 in FY 2026. Sandhill is in the Jackson, MS HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in Mississippi is $905, so Sandhill is 42% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Sandhill, MS
BedroomsFY 2027Change90–110% range
Studio$1,099+0.7%$989–$1,209
1BR$1,105+0.7%$995–$1,216
2BR$1,289+0.1%$1,160–$1,418
3BR$1,536−0.5%$1,382–$1,690
4BR$1,694−0.6%$1,525–$1,863

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Sandhill, MS
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,099$1,105$1,289$1,536$1,694
FY 2026$1,091$1,097$1,288$1,544$1,705
FY 2025$1,045$1,051$1,232$1,484$1,633
FY 2024$996$997$1,159$1,401$1,564
FY 2023$895$908$1,059$1,289$1,463

Questions about Sandhill, MS rents

How much will Section 8 pay for a two-bedroom in Sandhill, MS?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,289, that basic range is $1,160 to $1,418 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 Sandhill, MS in?

Sandhill, MS is in the Jackson, MS HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

How much did fair market rent change in Sandhill, MS for FY 2027?

The two-bedroom FMR rose 0.1%, from $1,288 in FY 2026 to $1,289 in FY 2027. Since FY 2023 it has risen 21.7%.

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