49311
ZIPFMR
Allegan County, MI
BRFMR
Eff. Rent
0 BR$959$959
1 BR$966$966
2 BR$1,267$1,267
3 BR$1,583$1,583
4 BR$1,761$1,761
5 BR$2,025
6 BR$2,329
7 BR$2,678
8 BR$3,080

Purchase Price Calculator

Maximum purchase price
$126,359

Cost breakdown

+Likely effective rent$1,267
HUD FMRUsed$1,267
Market rentN/A
Est. payment standardN/A
HUD FMR fallback; market rent is unavailable.
-Principal and interest-$639
Loan amount$101,087
Down payment$25,272
Rate6.50%
Term30 years
-Operating costs-$428
Property taxes-$126
Insurance-$175
Utilities$0
HOA$0
Management-$127
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$20,538(81.3% ROI)
Projected value
$136,075
Current value$126,359
Return breakdown
Property appreciation+$9,716
Loan principal paid down+$3,622
Rental cash flow+$7,200
5-year hold
+$35,063(138.7% ROI)
Projected value
$142,964
Current value$126,359
Return breakdown
Property appreciation+$16,605
Loan principal paid down+$6,458
Rental cash flow+$12,000
10-year hold
+$74,781(295.9% ROI)
Projected value
$161,750
Current value$126,359
Return breakdown
Property appreciation+$35,391
Loan principal paid down+$15,389
Rental cash flow+$24,000

Upgrade to access AI-powered research tools

Upgrade

Rolodex

Upgrade to access AI-powered research tools

Upgrade

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 49311 (MI) 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.

49311 fair market rent and Section 8 rent limits

The FY 2026 HUD Fair Market Rent (FMR) page for 49311 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,267 and the 4 bedroom fair market rent is $1,761.

Use this page for searches like 49311 FMR, 49311 fair market rent, and 49311 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 49311
Bedroom sizeHUD FMR
Studio$959
1 bedroom$966
2 bedroom$1,267
3 bedroom$1,583
4 bedroom$1,761