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Sullivan County/Lempster/03605

03605

ZIPSAFMR
Sullivan County, NH
Zillow

ZIP Investment Score

80Below average

095130300
BRFMR
Eff. Rent
0 BR$1,340$1,340
1 BR$1,470$1,470
2 BR$1,910$1,910
3 BR$2,610$2,610
4 BR$2,910$2,910
5 BR$3,346Not available
6 BR$3,848Not available
7 BR$4,426Not available
8 BR$5,090Not available

Purchase Price Calculator

Maximum purchase price
$221,909

Cost breakdown

+Likely effective rent$1,910
HUD FMRUsed$1,910
Market rentN/A
Est. payment standardN/A
-Principal and interest-$1,122
Loan amount$177,527
Down payment$44,382
Rate6.50%
Term30 years
-Operating costs-$588
Property taxes-$222
Insurance-$175
Utilities$0
HOA$0
Management-$191
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$30,623(69.0% ROI)
Projected value
$238,971
Return breakdown
Property appreciation+$17,063
Loan principal paid down+$6,360
Rental cash flow+$7,200
5-year hold
+$52,503(118.3% ROI)
Projected value
$251,069
Return breakdown
Property appreciation+$29,161
Loan principal paid down+$11,342
Rental cash flow+$12,000
10-year hold
+$113,180(255.0% ROI)
Projected value
$284,062
Return breakdown
Property appreciation+$62,153
Loan principal paid down+$27,026
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
--
Tax rate
--
Mortgage rate
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ZIP 03605 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 03605 (Lempster, NH) is $1,910 a month. That is down 6.4% from $2,040 in FY 2026. Lempster is in the Sullivan County, NH 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 $1,596. Among 22 ZIP codes in Sullivan County, 03605 has the 11th-highest two-bedroom rent (county range $1,580–$2,390). The median county two-bedroom FMR in New Hampshire is $1,727, so ZIP 03605 is 11% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 03605
BedroomsFY 2027Change90–110% range
Studio$1,340−5.0%$1,206–$1,474
1BR$1,470−5.8%$1,323–$1,617
2BR$1,910−6.4%$1,719–$2,101
3BR$2,610−6.5%$2,349–$2,871
4BR$2,910−4.3%$2,619–$3,201

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 03605
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,340$1,470$1,910$2,610$2,910
FY 2026$1,410$1,560$2,040$2,790$3,040
FY 2025$1,030$1,140$1,490$1,990$2,140
FY 2024area FMR$947$987$1,297$1,623$1,849
FY 2023area FMR$913$960$1,264$1,570$1,804

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

Two-bedroom rent in nearby Sullivan County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 03605
03601$1,590−16.8%
03602$1,740−8.9%
03603$1,580−17.3%
03605Current$1,910—
03607$1,640−14.1%
03608$1,740−8.9%
03743$1,580−17.3%
03745$2,010+5.2%
03746$1,600−16.2%
03748$1,960+2.6%
03751$2,080+8.9%
03752$2,390+25.1%

Questions about ZIP 03605 rents

How much will Section 8 pay for a two-bedroom in ZIP 03605?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,596, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,436 to $1,756 a month; under the ZIP-level Small Area FMR of $1,910 it would be $1,719 to $2,101. 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 03605 in?

ZIP 03605 is in the Sullivan County, NH non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,596.

How much did fair market rent change in ZIP 03605 for FY 2027?

The two-bedroom FMR fell 6.4%, from $2,040 in FY 2026 to $1,910 in FY 2027. Since FY 2025 it has risen 28.2%.

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

County fair market rentLempster, NH fair market rentNH statewide rentsWhat is SAFMR?Data sources