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Emanuel County/Kite/31049

31049

ZIPSAFMR
Emanuel County, GA
Zillow

ZIP Investment Score

129Above average

095130300
BRFMR
Eff. Rent
0 BR$800$800
1 BR$820$820
2 BR$1,020$1,020
3 BR$1,230$1,230
4 BR$1,550$1,550
5 BR$1,782Not available
6 BR$2,050Not available
7 BR$2,357Not available
8 BR$2,711Not available

Purchase Price Calculator

Maximum purchase price
$89,655

Cost breakdown

+Likely effective rent$1,020
HUD FMRUsed$1,020
Market rentN/A
Est. payment standardN/A
-Principal and interest-$453
Loan amount$71,724
Down payment$17,931
Rate6.50%
Term30 years
-Operating costs-$367
Property taxes-$90
Insurance-$175
Utilities$0
HOA$0
Management-$102
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$16,663(92.9% ROI)
Projected value
$96,549
Return breakdown
Property appreciation+$6,894
Loan principal paid down+$2,570
Rental cash flow+$7,200
5-year hold
+$28,364(158.2% ROI)
Projected value
$101,437
Return breakdown
Property appreciation+$11,781
Loan principal paid down+$4,582
Rental cash flow+$12,000
10-year hold
+$60,030(334.8% ROI)
Projected value
$114,766
Return breakdown
Property appreciation+$25,111
Loan principal paid down+$10,919
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
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Tax rate
--
Mortgage rate
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ZIP 31049 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 31049 (Kite, GA) is $1,020 a month. That is up 3.0% from $990 in FY 2026. Kite is in the Emanuel County, GA 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 $1,002. Among 15 ZIP codes in Emanuel County, 31049 is tied for the 8th-highest two-bedroom rent (county range $1,000–$1,220). The median county two-bedroom FMR in Georgia is $1,058, so ZIP 31049 is 4% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 31049
BedroomsFY 2027Change90–110% range
Studio$800−4.8%$720–$880
1BR$820−8.9%$738–$902
2BR$1,020+3.0%$918–$1,122
3BR$1,230+1.7%$1,107–$1,353
4BR$1,550+6.2%$1,395–$1,705

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 31049
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$800$820$1,020$1,230$1,550
FY 2026$840$900$990$1,210$1,460
FY 2025$830$880$970$1,300$1,440
FY 2024area FMR$758$788$885$1,070$1,502
FY 2023area FMR$516$613$772$980$1,315

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

Two-bedroom rent in nearby Emanuel County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 31049
30439$1,070+4.9%
30441$1,000−2.0%
30442$1,000−2.0%
30448$1,040+2.0%
30450$1,220+19.6%
30457$1,000−2.0%
30464$1,0200.0%
30471$1,070+4.9%
30474$1,050+2.9%
30477$1,000−2.0%
31002$1,000−2.0%
31049Current$1,020—

Questions about ZIP 31049 rents

How much will Section 8 pay for a two-bedroom in ZIP 31049?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,002, which applies unless the housing authority uses Small Area FMRs, that basic range is $902 to $1,102 a month; under the ZIP-level Small Area FMR of $1,020 it would be $918 to $1,122. 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 31049 in?

ZIP 31049 is in the Emanuel County, GA non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,002.

How much did fair market rent change in ZIP 31049 for FY 2027?

The two-bedroom FMR rose 3.0%, from $990 in FY 2026 to $1,020 in FY 2027. Since FY 2025 it has risen 5.2%.

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 rentKite, GA fair market rentGA statewide rentsWhat is SAFMR?Data sources