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DSCR Loans in Carroll County, Ohio

A rental property in Carroll County carries a lighter tax bill than most of Ohio: 0.94% 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

Carroll County at a glance

County seat
Carrollton
Population
26,475 (2025 est.)
Effective property tax rate
0.94%
Median home value
$183,100 (ACS 2020-2024 5yr)
Median gross rent
$863/mo (ACS 2020-2024 5yr)

02

Why investors look at Carroll County

Rural county in the Utica shale gas play; agricultural otherwise.

03

The tax-drag math for Carroll 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 Carroll County it runs below the statewide middle.

A $183,100 property here — Carroll County's own median home value, 20% down ($36,620), renting for $863/mo — financed at an observed Ohio DSCR average of 7.20% (Q2 2026)¹:

Gross rent
$863
Carroll County property tax ($183,100 × 0.94% ÷ 12)
$143
Landlord insurance ($1220 ÷ 12)
$102
Principal & interest, $146,480 loan at an observed 7.20% Ohio average¹, 30-yr fixed
$994
PITIA (tax + insurance + P&I)
$1,239
DSCR (rent ÷ PITIA)
$863 ÷ $1,239 = 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 Carroll County's lower 0.94%, this same property's monthly tax bill would run about $208 instead of $143 — Carroll County's below-average rate is worth roughly $64/month here.

This worked example deliberately uses Carroll 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 Carroll 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 Carroll County

No city or village in Carroll County reaches the 5,000-population threshold this dataset uses. That doesn't mean there's no rental stock here — it means the county-level numbers above are the most granular figures we publish for Carroll County.

05

Nearby counties

Nearby in NE Ohio:

06

Get your Carroll County DSCR quote

The math above uses Carroll County's median home value. Run your own address and rent number to see where your file actually lands.

Compare DSCR quotes for a Carroll 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.