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Ottawa County/Put In Bay/43456

43456

ZIPSAFMR
Ottawa County, OH
Zillow

ZIP Investment Score

27Below average

095130300
BRFMR
Eff. Rent
0 BR$760$760
1 BR$810$810
2 BR$1,060$1,060
3 BR$1,260$1,260
4 BR$1,690$1,690
5 BR$1,943Not available
6 BR$2,235Not available
7 BR$2,570Not available
8 BR$2,956Not available

Purchase Price Calculator

Maximum purchase price
$95,599

Cost breakdown

+Likely effective rent$1,060
HUD FMRUsed$1,060
Market rentN/A
Est. payment standardN/A
-Principal and interest-$483
Loan amount$76,479
Down payment$19,120
Rate6.50%
Term30 years
-Operating costs-$377
Property taxes-$96
Insurance-$175
Utilities$0
HOA$0
Management-$106
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$17,291(90.4% ROI)
Projected value
$102,950
Return breakdown
Property appreciation+$7,351
Loan principal paid down+$2,740
Rental cash flow+$7,200
5-year hold
+$29,449(154.0% ROI)
Projected value
$108,162
Return breakdown
Property appreciation+$12,563
Loan principal paid down+$4,886
Rental cash flow+$12,000
10-year hold
+$62,419(326.5% ROI)
Projected value
$122,375
Return breakdown
Property appreciation+$26,776
Loan principal paid down+$11,643
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
--
Mortgage rate
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ZIP 43456 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 43456 (Put In Bay, OH) is $1,060 a month. That is down 4.5% from $1,110 in FY 2026. Put In Bay is in the Ottawa County, OH HUD Metro FMR Area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,209. Among 20 ZIP codes in Ottawa County, 43456 has the 17th-highest two-bedroom rent (county range $1,000–$1,280). The median county two-bedroom FMR in Ohio is $1,048, so ZIP 43456 is 1% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 43456
BedroomsFY 2027Change90–110% range
Studio$760−6.2%$684–$836
1BR$810−4.7%$729–$891
2BR$1,060−4.5%$954–$1,166
3BR$1,260−5.3%$1,134–$1,386
4BR$1,690−0.6%$1,521–$1,859

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 43456
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$760$810$1,060$1,260$1,690
FY 2026$810$850$1,110$1,330$1,700
FY 2025$680$750$990$1,190$1,430
FY 2024$640$720$950$1,150$1,310
FY 2023$620$710$930$1,130$1,280

Two-bedroom rent in nearby Ottawa County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 43456
43439$1,210+14.2%
43440$1,220+15.1%
43442$1,000−5.7%
43445$1,200+13.2%
43446$1,210+14.2%
43447$1,280+20.8%
43449$1,130+6.6%
43452$1,230+16.0%
43456Current$1,060—
43458$1,130+6.6%
43468$1,210+14.2%
43469$1,000−5.7%

Questions about ZIP 43456 rents

How much will Section 8 pay for a two-bedroom in ZIP 43456?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,209, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,088 to $1,330 a month; under the ZIP-level Small Area FMR of $1,060 it would be $954 to $1,166. 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 43456 in?

ZIP 43456 is in the Ottawa County, OH HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,209.

How much did fair market rent change in ZIP 43456 for FY 2027?

The two-bedroom FMR fell 4.5%, from $1,110 in FY 2026 to $1,060 in FY 2027. Since FY 2023 it has risen 14.0%.

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 rentPut In Bay, OH fair market rentOH statewide rentsWhat is SAFMR?Data sources