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Vance County/Middleburg/27556

27556

ZIPSAFMR
Vance County, NC
Zillow

ZIP Investment Score

108Above average

095130300
BRFMR
Eff. Rent
0 BR$800$880
1 BR$810$890
2 BR$1,050$1,060
3 BR$1,310$1,160
4 BR$1,420$1,200
5 BR$1,633Not available
6 BR$1,878Not available
7 BR$2,160Not available
8 BR$2,484Not available

Purchase Price Calculator

Maximum purchase price
$95,599

Cost breakdown

+Likely effective rent$1,060
HUD FMR$1,050
Market rent$1,060
Est. payment standard (101%)Used$1,060
-Principal and interest-$483
Loan amount$76,479
Down payment$19,120
Rate6.50%
Term30 years
-Operating costs-$377
Property taxes-$96
Insurance-$175
Utilities$0
HOA$0
Management-$106
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$17,291(90.4% ROI)
Projected value
$102,950
Return breakdown
Property appreciation+$7,351
Loan principal paid down+$2,740
Rental cash flow+$7,200
5-year hold
+$29,449(154.0% ROI)
Projected value
$108,162
Return breakdown
Property appreciation+$12,563
Loan principal paid down+$4,886
Rental cash flow+$12,000
10-year hold
+$62,419(326.5% ROI)
Projected value
$122,375
Return breakdown
Property appreciation+$26,776
Loan principal paid down+$11,643
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.78
1 BR
0.76
2 BR
0.99
3 BR
1.13
4 BR
1.18
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 27556 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 27556 (Middleburg, NC) is $1,050 a month. That is up 7.1% from $980 in FY 2026. Middleburg is in the Vance County, NC 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 $1,012. Among 9 ZIP codes in Vance County, 27556 has the 6th-highest two-bedroom rent (county range $1,010–$1,220). The median county two-bedroom FMR in North Carolina is $1,145, so ZIP 27556 is 8% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 27556
BedroomsFY 2027Change90–110% range
Studio$800+8.1%$720–$880
1BR$810+9.5%$729–$891
2BR$1,050+7.1%$945–$1,155
3BR$1,310+8.3%$1,179–$1,441
4BR$1,420+7.6%$1,278–$1,562

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 27556
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$800$810$1,050$1,310$1,420
FY 2026$740$740$980$1,210$1,320
FY 2025$750$760$990$1,210$1,350
FY 2024area FMR$707$712$909$1,125$1,319
FY 2023area FMR$644$648$804$1,040$1,235

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

Two-bedroom rent in nearby Vance County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 27556
27507$1,080+2.9%
27536$1,010−3.8%
27537$1,220+16.2%
27544$1,220+16.2%
27553$1,010−3.8%
27556Current$1,050—
27563$1,010−3.8%
27565$1,140+8.6%
27584$1,080+2.9%

Questions about ZIP 27556 rents

How much will Section 8 pay for a two-bedroom in ZIP 27556?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,012, which applies unless the housing authority uses Small Area FMRs, that basic range is $911 to $1,113 a month; under the ZIP-level Small Area FMR of $1,050 it would be $945 to $1,155. 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 27556 in?

ZIP 27556 is in the Vance County, NC non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,012.

How much did fair market rent change in ZIP 27556 for FY 2027?

The two-bedroom FMR rose 7.1%, from $980 in FY 2026 to $1,050 in FY 2027. Since FY 2025 it has risen 6.1%.

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 rentMiddleburg, NC fair market rentNC statewide rentsWhat is SAFMR?Data sources