DSCR Loans in Independence, Ohio
Independence is a city in Cuyahoga County, Ohio. Here's what a DSCR lender's math looks like on a rental property here.
01
Independence at a glance
- County
- Cuyahoga County
- Population
- 7,584 (2020 Census)
- Type
- City
02
Home values and rent in Independence
Independence-specific home-value data isn't separately published; countywide, Cuyahoga County's median runs $195,400 (ACS 2020-2024 5yr). Rent, similarly, has no Independence-specific figure; countywide Cuyahoga County's median gross rent is $1,060/mo (ACS 2020-2024 5yr).
03
The county tax-drag math applies here
Property tax on a Independence rental is set at the Cuyahoga County rate: 1.80% effective, above the 1.36% Ohio average. The full worked PITIA and DSCR example, built on a property at the county's median value, is on the Cuyahoga County page — here's the tax line specifically for a property at Independence's own numbers:
- Property value used
- $195,400 (countywide)
- Cuyahoga County effective tax rate
- 1.80%
- Estimated monthly property tax
- $293
That estimate uses an observed Ohio DSCR average of 7.20% (Q2 2026)¹ elsewhere in the full county example — 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
Get your Independence DSCR quote
The figures above are city or county medians — your specific Independence property will land somewhere else on the DSCR math. See where.
05
Sources for this page
- Wikipedia, "List of municipalities in Ohio" (population, 2020 Census) — https://en.wikipedia.org/wiki/List_of_municipalities_in_Ohio
- CostByCounty, "Cost of Living in Ohio by County" (Cuyahoga County median home value, county-fallback) — https://costbycounty.com/ohio
- Private Lender Link (Ohio DSCR rate average, Q2 2026) — https://privatelenderlink.com/region/usa/ohio/residential-long-term-rental-ohio-usa/
Last updated 2026-08-25. Figures are refreshed periodically from the sources above, each with its own as-of date.