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Plymouth County/North Carver/02355

02355

ZIPFMR
Plymouth County, MA
Zillow
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ZIP Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$1,678$1,850
1 BR$1,842$2,030
2 BR$2,409$2,650
3 BR$3,015$3,320
4 BR$3,166$3,420
5 BR$3,641Not available
6 BR$4,187Not available
7 BR$4,815Not available
8 BR$5,537Not available

Purchase Price Calculator

Maximum purchase price
$331,872

Cost breakdown

+Likely effective rent$2,650
HUD FMR$2,409
Market rent$3,080
Est. payment standard (110%)Used$2,650
-Principal and interest-$1,678
Loan amount$265,498
Down payment$66,374
Rate6.50%
Term30 years
-Operating costs-$772
Property taxes-$332
Insurance-$175
Utilities$0
HOA$0
Management-$265
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$42,230(63.6% ROI)
Projected value
$357,390
Return breakdown
Property appreciation+$25,518
Loan principal paid down+$9,512
Rental cash flow+$7,200
5-year hold
+$72,573(109.3% ROI)
Projected value
$375,483
Return breakdown
Property appreciation+$43,611
Loan principal paid down+$16,963
Rental cash flow+$12,000
10-year hold
+$157,371(237.1% ROI)
Projected value
$424,825
Return breakdown
Property appreciation+$92,952
Loan principal paid down+$40,419
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.70
1 BR
0.69
2 BR
0.78
3 BR
0.85
4 BR
0.89
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
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Mortgage rate
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ZIP 02355 fair market rent, FY 2027

For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in ZIP 02355 (North Carver, MA) is $2,409 a month. That is up 4.2% from $2,311 in FY 2026. North Carver is in the Brockton, MA HUD Metro FMR Area. The median county two-bedroom FMR in Massachusetts is $2,222, so ZIP 02355 is 8% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 02355
BedroomsFY 2027Change90–110% range
Studio$1,678+2.9%$1,510–$1,846
1BR$1,842+4.6%$1,658–$2,026
2BR$2,409+4.2%$2,168–$2,650
3BR$3,015+4.4%$2,714–$3,317
4BR$3,166+3.5%$2,849–$3,483

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 02355
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,678$1,842$2,409$3,015$3,166
FY 2026$1,631$1,761$2,311$2,889$3,060
FY 2025$1,607$1,652$2,155$2,730$2,953
FY 2024$1,393$1,488$1,955$2,479$2,778
FY 2023$1,246$1,415$1,863$2,375$2,708

Questions about ZIP 02355 rents

How much will Section 8 pay for a two-bedroom in ZIP 02355?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,409, that basic range is $2,168 to $2,650 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 ZIP 02355 in?

ZIP 02355 is in the Brockton, MA HUD Metro FMR Area. Small Area FMRs are not mandatory in this area.

How much did fair market rent change in ZIP 02355 for FY 2027?

The two-bedroom FMR rose 4.2%, from $2,311 in FY 2026 to $2,409 in FY 2027. Since FY 2023 it has risen 29.3%.

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 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

County fair market rentNorth Carver, MA fair market rentMA statewide rentsWhat is SAFMR?Data sources