DSCR Loans in New Albany, Ohio

New Albany sits in Franklin County (and extends into Licking County). The facts below are what a DSCR lender actually looks at on a property here.

Affluent Franklin/Licking county-line Columbus suburb; site of Intel's new semiconductor fab campus and one of the highest median home values in the state.

New Albany at a glance

County: Franklin County
Population: 10,825 (2020 Census)
Type: City

New Albany isn't contained entirely within Franklin County — it also extends into Licking County. The tax rate and figures on this page use Franklin County, which is where the majority of New Albany's parcels sit; a specific address near the county line should confirm its actual taxing county before closing.

Home values and rent in New Albany

New Albany's median home value is $634,313. Countywide, Franklin County's median gross rent is $1,302/mo (ACS 2020-2024 5yr) — again, a county figure standing in for a New Albany number we don't have.

The county tax-drag math applies here

New Albany sits in Franklin County, where the effective property tax rate is 1.40% — above Ohio's 1.36% statewide average. The full worked PITIA and DSCR example, built on a property at the county's median value, is on the Franklin County page — here's the tax line specifically for a property at New Albany's own numbers:

Property value used: $634,313
Franklin County effective tax rate: 1.40%
Estimated monthly property tax: $740

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.

Get your New Albany DSCR quote

Every New Albany property prices differently once a lender sees the real rent and file. Compare quotes on yours.

Compare DSCR quotes for a New Albany property →

Sources for this page

Wikipedia, "List of municipalities in Ohio" (population, 2020 Census) — https://en.wikipedia.org/wiki/List_of_municipalities_in_Ohio
Zillow Home Value Index and Stacker, "Cities with the most expensive homes in Ohio" (median home value, Jul–Aug 2026) — https://stacker.com/stories/ohio/cities-most-expensive-homes-ohio
CostByCounty, "Cost of Living in Ohio by County" (Franklin County median gross rent, 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.