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Charlotte County/Rotonda West/33947

33947

ZIPSAFMR
Charlotte County, FL
Zillow

ZIP Investment Score

84Below average

095130300
BRFMR
Eff. Rent
0 BR$1,160$1,280
1 BR$1,270$1,400
2 BR$1,660$1,830
3 BR$2,250$2,330
4 BR$2,690$2,600
5 BR$3,093Not available
6 BR$3,558Not available
7 BR$4,091Not available
8 BR$4,705Not available

Purchase Price Calculator

Maximum purchase price
$210,021

Cost breakdown

+Likely effective rent$1,830
HUD FMR$1,660
Market rent$2,440
Est. payment standard (110%)Used$1,830
-Principal and interest-$1,062
Loan amount$168,017
Down payment$42,004
Rate6.50%
Term30 years
-Operating costs-$568
Property taxes-$210
Insurance-$175
Utilities$0
HOA$0
Management-$183
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$29,368(69.9% ROI)
Projected value
$226,169
Return breakdown
Property appreciation+$16,149
Loan principal paid down+$6,020
Rental cash flow+$7,200
5-year hold
+$50,333(119.8% ROI)
Projected value
$237,619
Return breakdown
Property appreciation+$27,598
Loan principal paid down+$10,735
Rental cash flow+$12,000
10-year hold
+$108,402(258.1% ROI)
Projected value
$268,844
Return breakdown
Property appreciation+$58,824
Loan principal paid down+$25,579
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.67
1 BR
0.73
2 BR
0.68
3 BR
0.95
4 BR
1.03
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 33947 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 33947 (Rotonda West, FL) is $1,660 a month. That is up 7.1% from $1,550 in FY 2026. Rotonda West is in the Punta Gorda, FL MSA. 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 $1,575. Among 21 ZIP codes in Charlotte County, 33947 is tied for the 7th-highest two-bedroom rent (county range $1,330–$2,130). The median county two-bedroom FMR in Florida is $1,474, so ZIP 33947 is 13% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 33947
BedroomsFY 2027Change90–110% range
Studio$1,160−4.9%$1,044–$1,276
1BR$1,270+3.3%$1,143–$1,397
2BR$1,660+7.1%$1,494–$1,826
3BR$2,250+4.7%$2,025–$2,475
4BR$2,690+9.8%$2,421–$2,959

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 33947
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,160$1,270$1,660$2,250$2,690
FY 2026$1,220$1,230$1,550$2,150$2,450
FY 2025$1,240$1,250$1,570$2,200$2,410
FY 2024$1,190$1,230$1,510$2,130$2,520
FY 2023$1,050$1,160$1,440$2,050$2,450

Two-bedroom rent in nearby Charlotte County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 33947
33917$1,770+6.6%
33938$1,580−4.8%
33946$1,390−16.3%
33947Current$1,660—
33948$1,6600.0%
33949$1,580−4.8%
33950$1,540−7.2%
33951$1,580−4.8%
33952$1,490−10.2%
33953$2,050+23.5%
33954$2,130+28.3%
33955$1,820+9.6%

Questions about ZIP 33947 rents

How much will Section 8 pay for a two-bedroom in ZIP 33947?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,575, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,418 to $1,733 a month; under the ZIP-level Small Area FMR of $1,660 it would be $1,494 to $1,826. 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 33947 in?

ZIP 33947 is in the Punta Gorda, FL MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,575.

How much did fair market rent change in ZIP 33947 for FY 2027?

The two-bedroom FMR rose 7.1%, from $1,550 in FY 2026 to $1,660 in FY 2027. Since FY 2023 it has risen 15.3%.

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 rentRotonda West, FL fair market rentFL statewide rentsWhat is SAFMR?Data sources