34712

ZIPSAFMR

Lake County, FL

ZIP Investment Score

095130300

BR	FMR	Eff. Rent	3Y CAGR
0 BR	$1,460	$1,510	1.9%
1 BR	$1,520	$1,660	1.6%
2 BR	$1,720	$1,890	1.6%
3 BR	$2,150	$2,140	0.9%
4 BR	$2,510	$2,480	-0.1%
5 BR	$2,887	Not available	-0.1%
6 BR	$3,319	Not available	-0.1%
7 BR	$3,817	Not available	-0.1%
8 BR	$4,390	Not available	-0.1%

Purchase Price Calculator

Maximum purchase price

$218,937

Cost breakdown

+Likely effective rent$1,890

HUD FMR$1,720

Market rent$2,000

Est. payment standard (110%)Used$1,890

-Principal and interest-$1,107

Loan amount$175,149

Down payment$43,787

Rate6.50%

Term30 years

-Operating costs-$583

Property taxes-$219

Insurance-$175

Utilities$0

HOA$0

Management-$189

=Target cash flow+$200

Calculation mode

BedroomsCash-flow target

Down payment methodDown payment %

HOA / mo

Utilities methodUtilities amount

Management methodManagement % of rent

Hold period projections

Annual appreciation rate

3-year hold

+$30,309(69.2% ROI)

Projected value

$235,771

Return breakdown

Property appreciation+$16,834

Loan principal paid down+$6,275

Rental cash flow+$7,200

5-year hold

+$51,960(118.7% ROI)

Projected value

$247,707

Return breakdown

Property appreciation+$28,770

Loan principal paid down+$11,190

Rental cash flow+$12,000

10-year hold

+$111,985(255.7% ROI)

Projected value

$280,258

Return breakdown

Property appreciation+$61,321

Loan principal paid down+$26,665

Rental cash flow+$24,000

Public Housing Authority

Rolodex

Market Alignment

Studio

0.95ratio

FMR$1,460

Market$1,540

vs market-$80

FMR is near market; voucher and private rents are aligned.

0.95

1 BR

0.88ratio

FMR$1,520

Market$1,730

vs market-$210

FMR is below market; voucher rent may lag private rents.

0.88

2 BR

0.86ratio

FMR$1,720

Market$2,000

vs market-$280

FMR is below market; voucher rent may lag private rents.

0.86

3 BR

1.00ratio

FMR$2,150

Market$2,140

vs market+$10

FMR is near market; voucher and private rents are aligned.

1.00

4 BR

1.01ratio

FMR$2,510

Market$2,480

vs market+$30

FMR is near market; voucher and private rents are aligned.

1.01

0.700.800.901.001.101.201.30aligned range

Historical

FY 2023-2027

FMR: FY2027
Market rent: last ~365 days
Property value: --
Tax rate: --
Mortgage rate: --

ZIP 34712 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 34712 (Clermont, FL) is $1,720 a month. That is unchanged from FY 2026. Clermont is in the Orlando-Kissimmee-Sanford, FL MSA, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 39 ZIP codes in Lake County, 34712 is tied for the 15th-highest two-bedroom rent (county range $1,370–$2,400). The median county two-bedroom FMR in Florida is $1,474, so ZIP 34712 is 17% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 34712
Bedrooms	FY 2026	FY 2027	Change	90–110% range
Studio	$1,440	$1,460	+1.4%	$1,314–$1,606
1BR	$1,510	$1,520	+0.7%	$1,368–$1,672
2BR	$1,720	$1,720	0.0%	$1,548–$1,892
3BR	$2,160	$2,150	−0.5%	$1,935–$2,365
4BR	$2,550	$2,510	−1.6%	$2,259–$2,761

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 34712
Fiscal year	Studio	1BR	2BR	3BR	4BR
FY 2027	$1,460	$1,520	$1,720	$2,150	$2,510
FY 2026	$1,440	$1,510	$1,720	$2,160	$2,550
FY 2025	$1,430	$1,510	$1,710	$2,170	$2,590
FY 2024	$1,380	$1,450	$1,640	$2,090	$2,520
FY 2023	$1,190	$1,270	$1,440	$1,840	$2,230

Two-bedroom rent in nearby Lake County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code	2 bedroom	vs. 34712
34705	$1,370	−20.3%
34711	$2,150	+25.0%
34712Current	$1,720	—
34713	$1,720	0.0%
34714	$1,970	+14.5%
34715	$2,340	+36.0%
34729	$2,130	+23.8%
34731	$1,440	−16.3%
34736	$1,890	+9.9%
34737	$2,040	+18.6%
34748	$1,390	−19.2%
34749	$1,720	0.0%

Questions about ZIP 34712 rents

How much will Section 8 pay for a two-bedroom in ZIP 34712?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,720, that basic range is $1,548 to $1,892 a month. 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 34712 in?

ZIP 34712 is in the Orlando-Kissimmee-Sanford, FL MSA. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

How much did fair market rent change in ZIP 34712 for FY 2027?

The two-bedroom FMR was unchanged at $1,720 in FY 2027. Since FY 2023 it has risen 19.4%.

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 rent Clermont, FL fair market rent FL statewide rents What is SAFMR?Data sources