NY/Queens County/SOUTH OZONE PARK
SOUTH OZONE PARK, NY
CitySAFMR
Queens County
Found 1 ZIP
BRFMR
Eff. Rent
0 BR$2,740$1,990
1 BR$2,870$2,040
2 BR$3,150$2,710
3 BR$3,940$3,300
4 BR$4,290$3,560
5 BR$4,934
6 BR$5,674
7 BR$6,525
8 BR$7,503

Purchase Price Calculator

Maximum purchase price
$340,788

Cost breakdown

+Likely effective rent$2,710
HUD FMR$3,150
Market rentUsed$2,710
Est. payment standard (91%)$2,860
Market rent is below the inferred standard ($2,860, 91% of FMR).
-Principal and interest-$1,723
Loan amount$272,631
Down payment$68,158
Rate6.50%
Term30 years
-Operating costs-$787
Property taxes-$341
Insurance-$175
Utilities$0
HOA$0
Management-$271
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$43,171(63.3% ROI)
Projected value
$366,992
Current value$340,788
Return breakdown
Property appreciation+$26,203
Loan principal paid down+$9,768
Rental cash flow+$7,200
5-year hold
+$74,201(108.9% ROI)
Projected value
$385,571
Current value$340,788
Return breakdown
Property appreciation+$44,782
Loan principal paid down+$17,418
Rental cash flow+$12,000
10-year hold
+$160,955(236.2% ROI)
Projected value
$436,238
Current value$340,788
Return breakdown
Property appreciation+$95,450
Loan principal paid down+$41,505
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio- 11420
1.38ratio
FMR$2,740
Market$1,990
vs market+$750

FMR is above market; underwrite to market rent.

90% standard$2,466 / 1.24 ratio110% standard$3,014 / 1.51 ratio
1.38
1 BR
1 BR- 11420
1.41ratio
FMR$2,870
Market$2,040
vs market+$830

FMR is above market; underwrite to market rent.

90% standard$2,583 / 1.27 ratio110% standard$3,157 / 1.55 ratio
1.41
2 BR
2 BR- 11420
1.16ratio
FMR$3,150
Market$2,710
vs market+$440

FMR is above market; underwrite to market rent.

90% standard$2,835 / 1.05 ratio110% standard$3,465 / 1.28 ratio
1.16
3 BR
3 BR- 11420
1.19ratio
FMR$3,940
Market$3,300
vs market+$640

FMR is above market; underwrite to market rent.

90% standard$3,546 / 1.07 ratio110% standard$4,334 / 1.31 ratio
1.19
4 BR
4 BR- 11420
1.21ratio
FMR$4,290
Market$3,560
vs market+$730

FMR is above market; underwrite to market rent.

90% standard$3,861 / 1.08 ratio110% standard$4,719 / 1.33 ratio
1.21
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents across all bedroom sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for SOUTH OZONE PARK, NY (NY) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

Related ZIPs

SOUTH OZONE PARK, NY fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for SOUTH OZONE PARK, NY shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $3,150 and the 4 bedroom fair market rent is $4,290.

Use this page for searches like SOUTH OZONE PARK, NY FMR, SOUTH OZONE PARK, NY fair market rent, and SOUTH OZONE PARK, NY Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for SOUTH OZONE PARK, NY
Bedroom sizeHUD FMR
Studio$2,740
1 bedroom$2,870
2 bedroom$3,150
3 bedroom$3,940
4 bedroom$4,290