DSCR Loans in Shelby, Ohio

Financing a rental in Shelby, Ohio runs through Richland County's property tax rate and the local rent and value numbers below — here's how they combine on a DSCR loan.

Shelby at a glance

County: Richland County
Population: 9,282 (2020 Census)
Type: City

Home values and rent in Shelby

We don't have a Shelby-specific median home value. Countywide, Richland County's figure is $164,800 (ACS 2020-2024 5yr) — treat this as a county-level baseline, not a Shelby number. On rent, we're again working from the county: Richland County's median gross rent is $824/mo (ACS 2020-2024 5yr), not a Shelby-specific figure.

The county tax-drag math applies here

Richland County's 1.13% effective tax rate applies to property in Shelby — below the 1.36% statewide average. The full worked PITIA and DSCR example, built on a property at the county's median value, is on the Richland County page — here's the tax line specifically for a property at Shelby's own numbers:

Property value used: $164,800 (countywide)
Richland County effective tax rate: 1.13%
Estimated monthly property tax: $155

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 Shelby DSCR quote

Run the numbers on the actual address, not the median. Compare DSCR quotes for a Shelby property.

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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" (Richland 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.