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Penobscot County/Bradley/04411

04411

ZIPSAFMR
Penobscot County, ME
Zillow

ZIP Investment Score

76Below average

095130300
BRFMR
Eff. Rent
0 BR$1,260$1,050
1 BR$1,380$1,280
2 BR$1,810$1,470
3 BR$2,470$1,780
4 BR$2,540$2,380
5 BR$2,921Not available
6 BR$3,359Not available
7 BR$3,863Not available
8 BR$4,442Not available

Purchase Price Calculator

Maximum purchase price
$156,525

Cost breakdown

+Likely effective rent$1,470
HUD FMR$1,810
Market rentUsed$1,470
Est. payment standard (90%)$1,630
-Principal and interest-$791
Loan amount$125,220
Down payment$31,305
Rate6.50%
Term30 years
-Operating costs-$479
Property taxes-$157
Insurance-$175
Utilities$0
HOA$0
Management-$147
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$23,722(75.8% ROI)
Projected value
$168,560
Return breakdown
Property appreciation+$12,035
Loan principal paid down+$4,486
Rental cash flow+$7,200
5-year hold
+$40,569(129.6% ROI)
Projected value
$177,094
Return breakdown
Property appreciation+$20,569
Loan principal paid down+$8,000
Rental cash flow+$12,000
10-year hold
+$86,904(277.6% ROI)
Projected value
$200,365
Return breakdown
Property appreciation+$43,840
Loan principal paid down+$19,063
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.20
1 BR
1.08
2 BR
1.23
3 BR
1.39
4 BR
1.07
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 04411 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 04411 (Bradley, ME) is $1,810 a month. That is up 9.0% from $1,660 in FY 2026. Bradley is in the Penobscot County, ME (part) HUD Metro 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 metro-wide two-bedroom FMR of $1,496. Among 50 ZIP codes in Penobscot County, 04411 has the 14th-highest two-bedroom rent (county range $1,260–$2,350). The median county two-bedroom FMR in Maine is $1,371, so ZIP 04411 is 32% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 04411
BedroomsFY 2027Change90–110% range
Studio$1,260+7.7%$1,134–$1,386
1BR$1,380+8.7%$1,242–$1,518
2BR$1,810+9.0%$1,629–$1,991
3BR$2,470+14.9%$2,223–$2,717
4BR$2,540+5.8%$2,286–$2,794

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 04411
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,260$1,380$1,810$2,470$2,540
FY 2026$1,170$1,270$1,660$2,150$2,400
FY 2025$1,010$1,060$1,390$1,750$2,070
FY 2024$890$960$1,260$1,570$1,760
FY 2023$880$910$1,200$1,510$1,610

Two-bedroom rent in nearby Penobscot County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 04411
04401$1,750−3.3%
04402$1,680−7.2%
04410$1,530−15.5%
04411Current$1,810—
04412$1,670−7.7%
04417$1,260−30.4%
04418$1,500−17.1%
04419$2,000+10.5%
04422$2,050+13.3%
04427$1,500−17.1%
04428$1,830+1.1%
04429$1,910+5.5%

Questions about ZIP 04411 rents

How much will Section 8 pay for a two-bedroom in ZIP 04411?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,496, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,346 to $1,646 a month; under the ZIP-level Small Area FMR of $1,810 it would be $1,629 to $1,991. 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 04411 in?

ZIP 04411 is in the Penobscot County, ME (part) HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,496.

How much did fair market rent change in ZIP 04411 for FY 2027?

The two-bedroom FMR rose 9.0%, from $1,660 in FY 2026 to $1,810 in FY 2027. Since FY 2023 it has risen 50.8%.

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