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Yakima County/Brownstown/98920

98920

ZIPFMR
Yakima County, WA
Zillow
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ZIP Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$997$1,100
1 BR$1,004$1,100
2 BR$1,313$1,440
3 BR$1,818$2,000
4 BR$2,049$2,250
5 BR$2,356Not available
6 BR$2,710Not available
7 BR$3,116Not available
8 BR$3,584Not available

Purchase Price Calculator

Maximum purchase price
$152,067

Cost breakdown

+Likely effective rent$1,440
HUD FMR$1,313
Market rent$1,920
Est. payment standard (110%)Used$1,440
-Principal and interest-$769
Loan amount$121,654
Down payment$30,413
Rate6.50%
Term30 years
-Operating costs-$471
Property taxes-$152
Insurance-$175
Utilities$0
HOA$0
Management-$144
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$23,251(76.5% ROI)
Projected value
$163,759
Return breakdown
Property appreciation+$11,693
Loan principal paid down+$4,359
Rental cash flow+$7,200
5-year hold
+$39,755(130.7% ROI)
Projected value
$172,050
Return breakdown
Property appreciation+$19,983
Loan principal paid down+$7,772
Rental cash flow+$12,000
10-year hold
+$85,112(279.9% ROI)
Projected value
$194,659
Return breakdown
Property appreciation+$42,592
Loan principal paid down+$18,520
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.52
1 BR
0.56
2 BR
0.68
3 BR
0.86
4 BR
0.81
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
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Mortgage rate
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ZIP 98920 fair market rent, FY 2027

For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in ZIP 98920 (Brownstown, WA) is $1,313 a month. That is down 4.4% from $1,374 in FY 2026. Brownstown is in the Yakima, WA MSA. The median county two-bedroom FMR in Washington is $1,467, so ZIP 98920 is 10% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 98920
BedroomsFY 2027Change90–110% range
Studio$997−4.1%$897–$1,097
1BR$1,004−4.1%$904–$1,104
2BR$1,313−4.4%$1,182–$1,444
3BR$1,818−4.9%$1,636–$2,000
4BR$2,049−2.1%$1,844–$2,254

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 98920
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$997$1,004$1,313$1,818$2,049
FY 2026$1,040$1,047$1,374$1,911$2,093
FY 2025$1,011$1,018$1,335$1,871$1,971
FY 2024$990$997$1,310$1,846$1,950
FY 2023$858$864$1,137$1,616$1,698

Questions about ZIP 98920 rents

How much will Section 8 pay for a two-bedroom in ZIP 98920?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,313, that basic range is $1,182 to $1,444 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 98920 in?

ZIP 98920 is in the Yakima, WA MSA. Small Area FMRs are not mandatory in this area.

How much did fair market rent change in ZIP 98920 for FY 2027?

The two-bedroom FMR fell 4.4%, from $1,374 in FY 2026 to $1,313 in FY 2027. Since FY 2023 it has risen 15.5%.

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

County fair market rentBrownstown, WA fair market rentWA statewide rentsWhat is SAFMR?Data sources