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Oxford County/Greenwood/04255

04255

ZIPSAFMR
Oxford County, ME
Zillow

ZIP Investment Score

99Above average

095130300
BRFMR
Eff. Rent
0 BR$1,190$1,190
1 BR$1,330$1,330
2 BR$1,710$1,710
3 BR$2,370$2,370
4 BR$2,860$2,860
5 BR$3,289Not available
6 BR$3,782Not available
7 BR$4,350Not available
8 BR$5,002Not available

Purchase Price Calculator

Maximum purchase price
$192,189

Cost breakdown

+Likely effective rent$1,710
HUD FMRUsed$1,710
Market rentN/A
Est. payment standardN/A
-Principal and interest-$972
Loan amount$153,751
Down payment$38,438
Rate6.50%
Term30 years
-Operating costs-$538
Property taxes-$192
Insurance-$175
Utilities$0
HOA$0
Management-$171
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$27,486(71.5% ROI)
Projected value
$206,966
Return breakdown
Property appreciation+$14,778
Loan principal paid down+$5,509
Rental cash flow+$7,200
5-year hold
+$47,078(122.5% ROI)
Projected value
$217,444
Return breakdown
Property appreciation+$25,255
Loan principal paid down+$9,823
Rental cash flow+$12,000
10-year hold
+$101,236(263.4% ROI)
Projected value
$246,018
Return breakdown
Property appreciation+$53,829
Loan principal paid down+$23,407
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 04255 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 04255 (Greenwood, ME) is $1,710 a month. That is up 0.6% from $1,700 in FY 2026. Greenwood is in the Oxford County, ME 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 $1,224. Among 35 ZIP codes in Oxford County, 04255 has the 4th-highest two-bedroom rent (county range $1,170–$1,840). The median county two-bedroom FMR in Maine is $1,371, so ZIP 04255 is 25% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 04255
BedroomsFY 2027Change90–110% range
Studio$1,190+1.7%$1,071–$1,309
1BR$1,330+2.3%$1,197–$1,463
2BR$1,710+0.6%$1,539–$1,881
3BR$2,370+0.4%$2,133–$2,607
4BR$2,860+0.4%$2,574–$3,146

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 04255
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,190$1,330$1,710$2,370$2,860
FY 2026$1,170$1,300$1,700$2,360$2,850
FY 2025$1,050$1,060$1,390$1,820$2,330
FY 2024area FMR$814$820$1,077$1,321$1,699
FY 2023area FMR$729$734$966$1,176$1,534

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

Two-bedroom rent in nearby Oxford County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 04255
04237$1,290−24.6%
04238$1,460−14.6%
04239$1,430−16.4%
04255Current$1,710—
04257$1,340−21.6%
04258$1,750+2.3%
04261$1,520−11.1%
04267$1,400−18.1%
04268$1,170−31.6%
04270$1,580−7.6%
04271$1,220−28.7%
04275$1,170−31.6%

Questions about ZIP 04255 rents

How much will Section 8 pay for a two-bedroom in ZIP 04255?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,224, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,102 to $1,346 a month; under the ZIP-level Small Area FMR of $1,710 it would be $1,539 to $1,881. 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 04255 in?

ZIP 04255 is in the Oxford County, ME non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,224.

How much did fair market rent change in ZIP 04255 for FY 2027?

The two-bedroom FMR rose 0.6%, from $1,700 in FY 2026 to $1,710 in FY 2027. Since FY 2025 it has risen 23.0%.

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 rentGreenwood, ME fair market rentME statewide rentsWhat is SAFMR?Data sources