38271
ZIPFMR
Obion County, TN
BRFMR
Eff. Rent
0 BR$722$722
1 BR$727$727
2 BR$925$925
3 BR$1,187$1,187
4 BR$1,225$1,225
5 BR$1,409
6 BR$1,620
7 BR$1,863
8 BR$2,143

Purchase Price Calculator

Maximum purchase price
$75,538

Cost breakdown

+Likely effective rent$925
HUD FMRUsed$925
Market rentN/A
Est. payment standardN/A
HUD FMR fallback; market rent is unavailable.
-Principal and interest-$382
Loan amount$60,431
Down payment$15,108
Rate6.50%
Term30 years
-Operating costs-$343
Property taxes-$76
Insurance-$175
Utilities$0
HOA$0
Management-$93
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$15,173(100.4% ROI)
Projected value
$81,346
Current value$75,538
Return breakdown
Property appreciation+$5,808
Loan principal paid down+$2,165
Rental cash flow+$7,200
5-year hold
+$25,787(170.7% ROI)
Projected value
$85,464
Current value$75,538
Return breakdown
Property appreciation+$9,926
Loan principal paid down+$3,861
Rental cash flow+$12,000
10-year hold
+$54,357(359.8% ROI)
Projected value
$96,695
Current value$75,538
Return breakdown
Property appreciation+$21,157
Loan principal paid down+$9,200
Rental cash flow+$24,000

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 38271 (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 FMR 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.

38271 fair market rent and Section 8 rent limits

The FY 2026 HUD Fair Market Rent (FMR) page for 38271 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $925 and the 4 bedroom fair market rent is $1,225.

Use this page for searches like 38271 FMR, 38271 fair market rent, and 38271 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 38271
Bedroom sizeHUD FMR
Studio$722
1 bedroom$727
2 bedroom$925
3 bedroom$1,187
4 bedroom$1,225