37663
ZIPSAFMR
Sullivan County, TN
BRFMR
Eff. Rent
0 BR$810$890
1 BR$850$940
2 BR$1,080$1,190
3 BR$1,380$1,520
4 BR$1,520$1,670
5 BR$1,748
6 BR$2,010
7 BR$2,312
8 BR$2,658

Purchase Price Calculator

Maximum purchase price
$114,917

Cost breakdown

+Likely effective rent$1,190
HUD FMR$1,080
Market rent$1,330
Est. payment standard (110%)Used$1,190
Estimated payment standard is $1,190 (110% of FMR).
-Principal and interest-$581
Loan amount$91,934
Down payment$22,983
Rate6.50%
Term30 years
-Operating costs-$409
Property taxes-$115
Insurance-$175
Utilities$0
HOA$0
Management-$119
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$19,330(84.1% ROI)
Projected value
$123,753
Current value$114,917
Return breakdown
Property appreciation+$8,836
Loan principal paid down+$3,294
Rental cash flow+$7,200
5-year hold
+$32,975(143.5% ROI)
Projected value
$130,018
Current value$114,917
Return breakdown
Property appreciation+$15,101
Loan principal paid down+$5,874
Rental cash flow+$12,000
10-year hold
+$70,182(305.4% ROI)
Projected value
$147,103
Current value$114,917
Return breakdown
Property appreciation+$32,186
Loan principal paid down+$13,996
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
0.76ratio
FMR$810
Market$1,070
vs market-$260

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

90% standard$729 / 0.68 ratio110% standard$891 / 0.83 ratio
0.76
1 BR
1 BR
0.76ratio
FMR$850
Market$1,120
vs market-$270

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

90% standard$765 / 0.68 ratio110% standard$935 / 0.83 ratio
0.76
2 BR
2 BR
0.81ratio
FMR$1,080
Market$1,330
vs market-$250

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

90% standard$972 / 0.73 ratio110% standard$1,188 / 0.89 ratio
0.81
3 BR
3 BR
0.68ratio
FMR$1,380
Market$2,030
vs market-$650

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

90% standard$1,242 / 0.61 ratio110% standard$1,518 / 0.75 ratio
0.68
4 BR
4 BR
0.66ratio
FMR$1,520
Market$2,310
vs market-$790

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

90% standard$1,368 / 0.59 ratio110% standard$1,672 / 0.72 ratio
0.66
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for all bedroom sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 37663 (TN) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

37663 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 37663 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,080 and the 4 bedroom fair market rent is $1,520.

Use this page for searches like 37663 FMR, 37663 fair market rent, and 37663 Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for 37663
Bedroom sizeHUD FMR
Studio$810
1 bedroom$850
2 bedroom$1,080
3 bedroom$1,380
4 bedroom$1,520