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DSCR Loans in Ashland County, Ohio

A rental property in Ashland County carries a lighter tax bill than most of Ohio: 0.99% effective, against a 1.36% statewide average. That gap works in a borrower's favor on a DSCR calculation, so we've worked it below on a property at the county's own median value.

01

Ashland County at a glance

County seat
Ashland
Population
52,523 (2025 est.)
Effective property tax rate
0.99%
Median home value
$186,800 (ACS 2020-2024 5yr)
Median gross rent
$888/mo (ACS 2020-2024 5yr)

02

Why investors look at Ashland County

Home to Ashland University; small city with a modest student-driven rental segment.

03

The tax-drag math for Ashland County

Property tax is the single input most Ohio rental-market content skips, and it's the one that varies most by county — from under 1% to over 2.3% across the state's 88 counties. In Ashland County it runs below the statewide middle.

A $186,800 property here — Ashland County's own median home value, 20% down ($37,360), renting for $888/mo — financed at an observed Ohio DSCR average of 7.20% (Q2 2026)¹:

Gross rent
$888
Ashland County property tax ($186,800 × 0.99% ÷ 12)
$154
Landlord insurance ($1220 ÷ 12)
$102
Principal & interest, $149,440 loan at an observed 7.20% Ohio average¹, 30-yr fixed
$1,014
PITIA (tax + insurance + P&I)
$1,270
DSCR (rent ÷ PITIA)
$888 ÷ $1,270 = 0.70

At these countywide figures, a 0.70 lands under the 1.00 floor most DSCR programs require — see the methodology note below for why a whole-county median often understates what a targeted rental-grade property actually clears. At the statewide average tax rate of 1.36% instead of Ashland County's lower 0.99%, this same property's monthly tax bill would run about $212 instead of $154 — Ashland County's below-average rate is worth roughly $58/month here.

This worked example deliberately uses Ashland County's own ACS-reported median home value against its ACS-reported median gross rent — a blended, whole-county pairing that includes higher-priced owner-occupied housing on the value side and apartment/multifamily rents on the rent side. That's a more conservative starting point than a matched, rental-grade single-family purchase. Run your own address and rent number through the DSCR calculator for a property-specific result instead of this countywide blend.

0.70 on the county median isn't a verdict on Ashland County — it's a description of the middle of the market. Below-median purchase price, above-median rent, or a larger down payment are the three levers that move a specific deal back over 1.00; the gap between the average and the achievable is the opportunity, not a warning.

¹ Ohio DSCR long-term-rental loans averaged 7.20% in Q2 2026 (Private Lender Link), inside the broader 6.5%–8.75% range lenders were publishing for DSCR product nationally. This is a market observation, not an offer — your rate depends on your DSCR, credit, LTV and loan purpose, and is set by the lender, not by us.

04

Cities in Ashland County

Every city and village in Ashland County with its own page is listed here, largest by population first.

05

Nearby counties

Nearby in NE Ohio:

06

Get your Ashland County DSCR quote

County-level tax math is the start of underwriting a Ashland County rental, not the end of it. Compare DSCR quotes on your specific property next.

Compare DSCR quotes for an Ashland County property →

07

Sources for this page

Last updated 2026-08-25. County tax rates and home-value figures are refreshed periodically from the sources above, each with its own as-of date.