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DSCR Loans in Miami County, Ohio

Miami County's effective property tax rate runs 0.91% — below Ohio's 1.36% statewide average — which is a modest but real advantage on a DSCR file. Here's what that means on an actual property, and what else moves financing in Troy and the rest of the county.

01

Miami County at a glance

County seat
Troy
Population
112,634 (2025 est.)
Effective property tax rate
0.91%
Median home value
$229,100 (ACS 2020-2024 5yr)
Median gross rent
$966/mo (ACS 2020-2024 5yr)

02

Why investors look at Miami County

Dayton-metro manufacturing county anchored by Troy.

03

The tax-drag math for Miami County

Ohio's 88 counties span from under 1% effective property tax to over 2.3% in parts of Cuyahoga and Montgomery — a range wide enough to move a deal from cash-flowing to underwater on identical rent and price. Miami County sits on the favorable side of that range.

A $229,100 property here — Miami County's own median home value, 20% down ($45,820), renting for $966/mo — financed at an observed Ohio DSCR average of 7.20% (Q2 2026)¹:

Gross rent
$966
Miami County property tax ($229,100 × 0.91% ÷ 12)
$174
Landlord insurance ($1220 ÷ 12)
$102
Principal & interest, $183,280 loan at an observed 7.20% Ohio average¹, 30-yr fixed
$1,244
PITIA (tax + insurance + P&I)
$1,519
DSCR (rent ÷ PITIA)
$966 ÷ $1,519 = 0.64

At these countywide figures, a 0.64 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 Miami County's lower 0.91%, this same property's monthly tax bill would run about $260 instead of $174 — Miami County's below-average rate is worth roughly $86/month here.

This worked example deliberately uses Miami 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.

A countywide average under 1.00 doesn't mean Miami County doesn't work — it means the median deal isn't the deal. Investors clear DSCR here by buying below the county median, renting above it, or putting more down, and the spread between the average and what's achievable is where the opportunity sits.

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 Miami County

Miami County's populated places, largest first. Each city page below carries its own population and housing facts, plus this county's tax math.

05

Nearby counties

Other SW Ohio counties, for comparison:

06

Get your Miami County DSCR quote

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

Compare DSCR quotes for a Miami 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.