How to Use DSCR Loans for Ohio Investment Property Financing
Ohio investors are using DSCR loans for investment property financing in Ohio to grow their rental portfolios—without showing personal income. If you're ready to buy in cities like Cleveland, Columbus, or Cincinnati, this guide is for you.
What’s a DSCR Loan?
A Debt Service Coverage Ratio loan allows you to qualify based on how much your rental income covers your mortgage payment. It’s perfect for investors who don’t want to deal with tax returns or traditional income checks.
If your monthly rent covers your mortgage, you're in the game.
Why Ohio Is a Great Fit for DSCR Loans
Lower property prices = lower down payments
Strong rental markets in university and metro areas
Ideal for single-family homes, duplexes, and small multi-family units
Works for long-term and short-term rentals
DSCR Loan Requirements in Ohio
DSCR: 1.0 or higher (depends on the lender)
Credit Score: 620+
Down Payment: 20–25%
Eligible Properties: 1–4 units
No employment or income verification needed
Title can be held in an LLC
Top Cities to Use DSCR Loans in Ohio
Cleveland: Affordable homes with great rental returns
Columbus: Growing population and demand for housing
Cincinnati: Strong economy and high rental demand
Quick Qualification Tips
Make sure your lease agreements are clean and accurate
Use market rent analysis if the unit is vacant
Lenders will care more about your property’s income than your personal income
