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.

Near New Albany

New Albany rarely gets shopped alone — here's the rest of the immediate Franklin County field:

Columbus → — 905,748
Dublin → — 49,328
Grove City → — 41,252
Reynoldsburg → — 41,076
Westerville → — 39,190
Hilliard → — 37,114

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.