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Westchester County/Mahopac/10541

10541

ZIPSAFMR
Westchester County, NY
Zillow

ZIP Investment Score

65Below average

095130300
BRFMR
Eff. Rent
0 BR$2,640$2,250
1 BR$2,780$2,500
2 BR$3,030$3,150
3 BR$3,830$3,880
4 BR$4,200$4,000
5 BR$4,830Not available
6 BR$5,554Not available
7 BR$6,388Not available
8 BR$7,346Not available

Purchase Price Calculator

Maximum purchase price
$406,172

Cost breakdown

+Likely effective rent$3,150
HUD FMR$3,030
Market rent$3,220
Est. payment standard (104%)Used$3,150
-Principal and interest-$2,054
Loan amount$324,938
Down payment$81,234
Rate6.50%
Term30 years
-Operating costs-$896
Property taxes-$406
Insurance-$175
Utilities$0
HOA$0
Management-$315
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$50,073(61.6% ROI)
Projected value
$437,403
Return breakdown
Property appreciation+$31,231
Loan principal paid down+$11,642
Rental cash flow+$7,200
5-year hold
+$86,135(106.0% ROI)
Projected value
$459,547
Return breakdown
Property appreciation+$53,374
Loan principal paid down+$20,760
Rental cash flow+$12,000
10-year hold
+$187,231(230.5% ROI)
Projected value
$519,935
Return breakdown
Property appreciation+$113,763
Loan principal paid down+$49,468
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.17
1 BR
1.11
2 BR
0.94
3 BR
0.98
4 BR
1.05
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 10541 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 10541 (Mahopac, NY) is $3,030 a month. That is up 3.1% from $2,940 in FY 2026. Mahopac is in the New York, NY 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 $2,971. Among 86 ZIP codes in Westchester County, 10541 is tied for the 59th-highest two-bedroom rent (county range $2,620–$4,460). The median county two-bedroom FMR in New York is $1,385, so ZIP 10541 is 119% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 10541
BedroomsFY 2027Change90–110% range
Studio$2,640+3.5%$2,376–$2,904
1BR$2,780+3.7%$2,502–$3,058
2BR$3,030+3.1%$2,727–$3,333
3BR$3,830+4.1%$3,447–$4,213
4BR$4,200+5.0%$3,780–$4,620

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 10541
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,640$2,780$3,030$3,830$4,200
FY 2026$2,550$2,680$2,940$3,680$4,000
FY 2025$2,420$2,530$2,800$3,490$3,760
FY 2024$2,280$2,360$2,660$3,310$3,570
FY 2023$2,050$2,110$2,390$3,000$3,230

Two-bedroom rent in nearby Westchester County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 10541
10533$3,850+27.1%
10535$3,040+0.3%
10536$4,460+47.2%
10537$3,600+18.8%
10538$3,390+11.9%
10540$3,530+16.5%
10541Current$3,030—
10543$3,300+8.9%
10545$3,330+9.9%
10546$3,670+21.1%
10547$3,540+16.8%
10548$3,160+4.3%

Questions about ZIP 10541 rents

How much will Section 8 pay for a two-bedroom in ZIP 10541?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,971, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,674 to $3,268 a month; under the ZIP-level Small Area FMR of $3,030 it would be $2,727 to $3,333. 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 10541 in?

ZIP 10541 is in the New York, NY HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,971.

How much did fair market rent change in ZIP 10541 for FY 2027?

The two-bedroom FMR rose 3.1%, from $2,940 in FY 2026 to $3,030 in FY 2027. Since FY 2023 it has risen 26.8%.

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 rentMahopac, NY fair market rentNY statewide rentsWhat is SAFMR?Data sources