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39080

ZIPFMR
Scott County, MS
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ZIP Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$844$844
1 BR$849$849
2 BR$1,026$1,026
3 BR$1,222$1,222
4 BR$1,348$1,348
5 BR$1,550Not available
6 BR$1,783Not available
7 BR$2,050Not available
8 BR$2,358Not available

Purchase Price Calculator

Maximum purchase price
$90,547

Cost breakdown

+Likely effective rent$1,026
HUD FMRUsed$1,026
Market rentN/A
Est. payment standardN/A
-Principal and interest-$458
Loan amount$72,437
Down payment$18,109
Rate6.50%
Term30 years
-Operating costs-$368
Property taxes-$91
Insurance-$175
Utilities$0
HOA$0
Management-$103
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$16,757(92.5% ROI)
Projected value
$97,509
Return breakdown
Property appreciation+$6,962
Loan principal paid down+$2,595
Rental cash flow+$7,200
5-year hold
+$28,527(157.5% ROI)
Projected value
$102,445
Return breakdown
Property appreciation+$11,899
Loan principal paid down+$4,628
Rental cash flow+$12,000
10-year hold
+$60,388(333.5% ROI)
Projected value
$115,907
Return breakdown
Property appreciation+$25,361
Loan principal paid down+$11,028
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 39080 fair market rent, FY 2027

For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in ZIP 39080 (Harperville, MS) is $1,026 a month. That is up 7.8% from $952 in FY 2026. Harperville is in the Scott County, MS HUD Metro FMR Area. The median county two-bedroom FMR in Mississippi is $905, so ZIP 39080 is 13% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 39080
BedroomsFY 2027Change90–110% range
Studio$844+6.8%$760–$928
1BR$849+6.8%$764–$934
2BR$1,026+7.8%$923–$1,129
3BR$1,222+7.1%$1,100–$1,344
4BR$1,348+7.0%$1,213–$1,483

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 39080
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$844$849$1,026$1,222$1,348
FY 2026$790$795$952$1,141$1,260
FY 2025$780$784$936$1,128$1,259
FY 2024$758$762$903$1,115$1,322
FY 2023$643$656$766$966$1,247

Questions about ZIP 39080 rents

How much will Section 8 pay for a two-bedroom in ZIP 39080?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,026, that basic range is $923 to $1,129 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 39080 in?

ZIP 39080 is in the Scott County, MS HUD Metro FMR Area. Small Area FMRs are not mandatory in this area.

How much did fair market rent change in ZIP 39080 for FY 2027?

The two-bedroom FMR rose 7.8%, from $952 in FY 2026 to $1,026 in FY 2027. Since FY 2023 it has risen 33.9%.

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