Disclaimer: Rate data is updated weekly. Last updated: April 14, 2026. Rates change daily — always contact lenders directly for a current quote. DSCRFinder.com does not guarantee rate accuracy from third-party lenders.
DSCR Loan Rates in Ohio — April 2026
Ohio is one of the best-kept secrets in DSCR investing. Extremely affordable purchase prices, strong rental yields, and a large population base produce some of the highest DSCR ratios in the country. Columbus in particular has emerged as a major tech and corporate hub, while Cleveland and Cincinnati offer cash flow fundamentals that are hard to match in any Sun Belt market.
As of April 14, 2026, the national 30-year fixed rate for primary residences is 6.40% (Bankrate). DSCR loans in Ohio typically run 7.15% to 8.75%.
April 2026 Ohio DSCR Rate Table
| Borrower Profile | DSCR | FICO | Down Payment | Rate Range | |---|---|---|---|---| | Best-qualified | 1.25+ | 740+ | 30%+ | 7.15% – 7.50% | | Strong | 1.25+ | 720–739 | 25% | 7.50% – 7.75% | | Standard | 1.0–1.24 | 680–719 | 20–25% | 7.75% – 8.25% | | Moderate | 0.75–0.99 | 660–679 | 20% | 8.25% – 8.50% | | Challenging | Below 0.75 | Below 660 | 20% | 8.50% – 8.75%+ |
Ohio DSCR Market by City
Columbus
Columbus is Ohio's fastest-growing city and one of the best DSCR markets in the Midwest. Intel's $20B semiconductor fab in New Albany, major university employment (Ohio State), and a growing tech sector drive strong rental demand. DSCR ratios of 1.10–1.35 are typical in suburban Columbus.
Cleveland
Cleveland offers some of the highest rental yields in the US. Purchase prices of $80,000–$160,000 with rents of $900–$1,500 produce DSCR ratios of 1.25–1.75 in strong neighborhoods. Cleveland is a top market for investors prioritizing cash flow. Note: neighborhood selection is critical — Cleveland has wide variation in rental market quality by zip code.
Cincinnati
Cincinnati combines Ohio's affordability with a strong, diverse economy (P&G, Kroger, Fifth Third Bank). DSCR ratios of 1.15–1.45 are typical. The Northern Kentucky suburbs across the Ohio River offer similar fundamentals.
Dayton
Dayton benefits from Wright-Patterson AFB (one of the largest Air Force bases in the US) and a growing defense tech sector. Military tenant demand is stable and consistent. DSCR ratios of 1.20–1.50 are achievable.
Ohio Market Fundamentals
| Market | Median Price (SFR) | Typical Monthly Rent | Est. DSCR | |---|---|---|---| | Columbus suburbs | $240,000 – $340,000 | $1,600 – $2,200 | 1.10 – 1.35 | | Cleveland | $80,000 – $160,000 | $900 – $1,500 | 1.25 – 1.75 | | Cincinnati | $200,000 – $300,000 | $1,400 – $1,900 | 1.15 – 1.45 | | Dayton | $160,000 – $240,000 | $1,200 – $1,700 | 1.20 – 1.50 |
Ohio Landlord-Tenant Law
- No statewide rent control
- Eviction process — 3-day notice for non-payment; process typically 3–5 weeks
- Property taxes — 1.36%–1.85% effective rate (moderate; higher than Southeast but lower than Illinois)
- Columbus: Slightly more tenant-friendly than suburban Ohio courts
- No just cause eviction requirement statewide
How to Get the Best DSCR Rate in Ohio
- Columbus and Cincinnati offer the best combination of yield and market stability
- Cleveland offers the highest yields but requires careful neighborhood selection
- Dayton military market provides consistent tenant demand — great for long-term holds
- Ohio property taxes (1.4%–1.8%) are moderate — verify the specific property's tax bill
- Ohio's multifamily market (2-4 unit) is particularly strong for DSCR — use our multifamily DSCR guide
Related: Current DSCR Rates April 2026 | DSCR Rates by State | DSCR Calculator | Compare Lenders
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