DSCR Loans in Wooster, Ohio

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

Wayne County seat; home to The College of Wooster and Ohio State's Agricultural Research and Development Center.

Wooster at a glance

County: Wayne County
Population: 27,232 (2020 Census)
Type: City

Home values and rent in Wooster

Countywide, Wayne County's median home value is $222,100 (ACS 2020-2024 5yr) — a Wooster-specific figure isn't independently published, so this reflects the whole county, not Wooster alone. Countywide, Wayne County's median gross rent is $881/mo (ACS 2020-2024 5yr) — again, a county figure standing in for a Wooster number we don't have.

The county tax-drag math applies here

Wooster sits in Wayne County, where the effective property tax rate is 1.07% — below 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 Wayne County page — here's the tax line specifically for a property at Wooster's own numbers:

Property value used: $222,100 (countywide)
Wayne County effective tax rate: 1.07%
Estimated monthly property tax: $198

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 Wooster DSCR quote

Run the numbers on the actual address, not the median. Compare DSCR quotes for a Wooster 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" (Wayne 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.