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Suffolk County/Eastport/11941

11941

ZIPSAFMR
Suffolk County, NY
Zillow

ZIP Investment Score

49Below average

095130300
BRFMR
Eff. Rent
0 BR$1,940$2,130
1 BR$2,250$2,480
2 BR$2,650$2,920
3 BR$3,410$3,750
4 BR$3,620$3,980
5 BR$4,163Not available
6 BR$4,787Not available
7 BR$5,506Not available
8 BR$6,331Not available

Purchase Price Calculator

Maximum purchase price
$371,994

Cost breakdown

+Likely effective rent$2,920
HUD FMR$2,650
Market rent$3,380
Est. payment standard (110%)Used$2,920
-Principal and interest-$1,881
Loan amount$297,595
Down payment$74,399
Rate6.50%
Term30 years
-Operating costs-$839
Property taxes-$372
Insurance-$175
Utilities$0
HOA$0
Management-$292
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$46,465(62.5% ROI)
Projected value
$400,597
Return breakdown
Property appreciation+$28,603
Loan principal paid down+$10,662
Rental cash flow+$7,200
5-year hold
+$79,897(107.4% ROI)
Projected value
$420,877
Return breakdown
Property appreciation+$48,883
Loan principal paid down+$19,013
Rental cash flow+$12,000
10-year hold
+$173,495(233.2% ROI)
Projected value
$476,184
Return breakdown
Property appreciation+$104,190
Loan principal paid down+$45,306
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.55
1 BR
0.80
2 BR
0.78
3 BR
0.35
4 BR
0.32
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 11941 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 11941 (Eastport, NY) is $2,650 a month. That is down 1.5% from $2,690 in FY 2026. Eastport is in the Nassau-Suffolk, 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 $2,689. Among 111 ZIP codes in Suffolk County, 11941 is tied for the 73rd-highest two-bedroom rent (county range $2,480–$3,920). The median county two-bedroom FMR in New York is $1,385, so ZIP 11941 is 91% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 11941
BedroomsFY 2027Change90–110% range
Studio$1,940−0.5%$1,746–$2,134
1BR$2,250−3.4%$2,025–$2,475
2BR$2,650−1.5%$2,385–$2,915
3BR$3,410−2.3%$3,069–$3,751
4BR$3,620−1.9%$3,258–$3,982

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 11941
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,940$2,250$2,650$3,410$3,620
FY 2026$1,950$2,330$2,690$3,490$3,690
FY 2025$1,790$2,170$2,500$3,240$3,470
FY 2024$1,390$1,730$2,070$2,660$2,930
FY 2023$1,240$1,530$1,860$2,380$2,620

Two-bedroom rent in nearby Suffolk County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 11941
11933$2,510−5.3%
11934$2,500−5.7%
11935$2,570−3.0%
11937$3,450+30.2%
11939$2,950+11.3%
11940$2,700+1.9%
11941Current$2,650—
11942$2,480−6.4%
11944$2,480−6.4%
11946$2,880+8.7%
11947$2,570−3.0%
11948$2,670+0.8%

Questions about ZIP 11941 rents

How much will Section 8 pay for a two-bedroom in ZIP 11941?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,689, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,420 to $2,958 a month; under the ZIP-level Small Area FMR of $2,650 it would be $2,385 to $2,915. 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 11941 in?

ZIP 11941 is in the Nassau-Suffolk, NY HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,689.

How much did fair market rent change in ZIP 11941 for FY 2027?

The two-bedroom FMR fell 1.5%, from $2,690 in FY 2026 to $2,650 in FY 2027. Since FY 2023 it has risen 42.5%.

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