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38679

ZIPFMR
Marshall County, MS
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ZIP Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$840$840
1 BR$845$845
2 BR$1,106$1,106
3 BR$1,318$1,318
4 BR$1,849$1,849
5 BR$2,126Not available
6 BR$2,445Not available
7 BR$2,812Not available
8 BR$3,234Not available

Purchase Price Calculator

Maximum purchase price
$102,435

Cost breakdown

+Likely effective rent$1,106
HUD FMRUsed$1,106
Market rentN/A
Est. payment standardN/A
-Principal and interest-$518
Loan amount$81,948
Down payment$20,487
Rate6.50%
Term30 years
-Operating costs-$388
Property taxes-$102
Insurance-$175
Utilities$0
HOA$0
Management-$111
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$18,012(87.9% ROI)
Projected value
$110,311
Return breakdown
Property appreciation+$7,876
Loan principal paid down+$2,936
Rental cash flow+$7,200
5-year hold
+$30,696(149.8% ROI)
Projected value
$115,895
Return breakdown
Property appreciation+$13,461
Loan principal paid down+$5,236
Rental cash flow+$12,000
10-year hold
+$65,166(318.1% ROI)
Projected value
$131,125
Return breakdown
Property appreciation+$28,690
Loan principal paid down+$12,476
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
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Mortgage rate
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ZIP 38679 fair market rent, FY 2027

For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in ZIP 38679 (Victoria, MS) is $1,106 a month. That is down 0.4% from $1,110 in FY 2026. Victoria is in the Marshall County, MS HUD Metro FMR Area. The median county two-bedroom FMR in Mississippi is $905, so ZIP 38679 is 22% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 38679
BedroomsFY 2027Change90–110% range
Studio$8400.0%$756–$924
1BR$845−0.1%$761–$930
2BR$1,106−0.4%$995–$1,217
3BR$1,318−1.0%$1,186–$1,450
4BR$1,849+0.8%$1,664–$2,034

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 38679
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$840$845$1,106$1,318$1,849
FY 2026$840$846$1,110$1,331$1,835
FY 2025$858$864$1,133$1,365$1,767
FY 2024$827$846$1,047$1,269$1,619
FY 2023$644$701$831$1,011$1,291

Questions about ZIP 38679 rents

How much will Section 8 pay for a two-bedroom in ZIP 38679?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,106, that basic range is $995 to $1,217 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 38679 in?

ZIP 38679 is in the Marshall County, MS HUD Metro FMR Area. Small Area FMRs are not mandatory in this area.

How much did fair market rent change in ZIP 38679 for FY 2027?

The two-bedroom FMR fell 0.4%, from $1,110 in FY 2026 to $1,106 in FY 2027. Since FY 2023 it has risen 33.1%.

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 Fair Market Rents. 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