Ohio DSCR, Hard Money, Fix & Flip, Construction & Multifamily Loans
Ohio (OH) Underwriting Snapshot (BLUF): Wholesale business-purpose investment property loans in Ohio utilize Judicial (County Court of Common Pleas) security instruments, with an average non-homestead effective property tax rate of 1.48%, a median 1–4 unit investment home price of $255,000 (median rent $2,080/mo), and 5+ unit multifamily market rents averaging $1,260/door. Arranged by Loan Daddy LLC (NMLS #2827624).
SECURITY INSTRUMENT
Judicial (County Court of Common Pleas)EFFECTIVE PROPERTY TAX
1.48% Avg ($315/mo)MEDIAN 1–4 UNIT PRICE & RENT
$255,000 · $2,080/mo5+ UNIT MULTIFAMILY RENT
$1,260/door/moOhio Pre-Populated Underwriting Terminal
1–4 Unit PITIA vs. 5–25+ Unit Commercial NOI Simulator
Loan Daddy LLC · NMLS #2827624 · AZ CMB #CMB-2016143 · CA CFL #60DBO-218873 · Canonical Integer _cents & _bps Engine
Price/Door: $255,000·Loan/Door: $191,250·Avg Rent/Door: $2,080/mo
Prepayment Stepdown Structure
Amortization & FICO Tier
Calculated DSCR Coverage Ratio
1.28xCanonical:
128 bps · 7500 bps LTV · 6625 bps RateTier-1 Institutional (1.25x+ — Max LTV & Best Pricing)
Loan Amount (75% LTV)$191,25019,125,000 _cents
Monthly P&I Debt Service$1,225/mo@ 6.625% Note Rate
Total Monthly PITIA$1,628/moTax: $315 · Ins: $89
Net Monthly Cash Flow+$452/mo$5,420/yr net
Wholesale PPE Multi-Option Execution Comparison (Borrower-Paid 2.000% Default · 39 Wholesale Lenders)
| Execution Option | Prepay Structure | Est. Note Rate | Prepay Price Credit | Monthly Debt Service | DSCR Ratio |
|---|---|---|---|---|---|
| Option A: Lowest Rate (60-Mo Stepdown) | 5-4-3-2-1 | 6.625% | -100 bps (-1.000 pt) | $1,628/mo | 1.28x |
| Option B: Balanced Par (36-Mo Stepdown) | 3-2-1 | 6.875% | -75 bps (-0.750 pt) | $1,660/mo | 1.25x |
| Option C: Max Cash Flow (10-Yr Interest-Only) | 3-2-1 IO | 7.000% | +38 bps IO LLPA | $1,519/mo | 1.37x |
Many DSCR lenders focus on the property's rent, not your tax returns. Not all applicants will qualify; terms vary by lender.
Ohio Cities with Population ≥ 50,000 (21 Markets)
Click any Ohio city below to open its localized DSCR & Commercial Multifamily underwriting desk with county property tax rates, median rent benchmarks, and a pre-populated city deal calculator:
| City (OH) | County | 2026 Est. Pop | Effective Tax Rate | Median 1–4 Unit Price | Median Monthly Rent | 5+ Unit Rent/Door |
|---|---|---|---|---|---|---|
| Columbus, OH → | FRANKLIN County County | 896,583 | 1.39% | $290,000 | $2,400/mo | $1,450/door |
| Cleveland, OH → | CUYAHOGA County County | 425,223 | 1.54% | $300,000 | $2,400/mo | $1,450/door |
| Cincinnati, OH → | HAMILTON County County | 324,294 | 1.51% | $280,000 | $2,250/mo | $1,375/door |
| Toledo, OH → | LUCAS County County | 307,721 | 1.54% | $300,000 | $2,400/mo | $1,450/door |
| Akron, OH → | SUMMIT County County | 215,929 | 1.48% | $275,000 | $2,250/mo | $1,350/door |
| Dayton, OH → | MONTGOMERY County County | 156,257 | 1.42% | $270,000 | $2,200/mo | $1,325/door |
| Parma, OH → | Parma Metro County County | 87,668 | 1.48% | $260,000 | $2,100/mo | $1,275/door |
| Canton, OH → | STARK County County | 79,063 | 1.36% | $235,000 | $1,900/mo | $1,150/door |
| Youngstown, OH → | MAHONING County County | 71,051 | 1.48% | $230,000 | $1,900/mo | $1,150/door |
| Lorain, OH → | LORAIN County County | 69,444 | 1.48% | $245,000 | $2,000/mo | $1,200/door |
| Hamilton, OH → | BUTLER County County | 67,861 | 1.42% | $225,000 | $1,850/mo | $1,125/door |
| Springfield, OH → | CLARK County County | 64,699 | 1.54% | $265,000 | $2,150/mo | $1,300/door |
| Kettering, OH → | Kettering Metro County County | 60,898 | 1.57% | $255,000 | $2,050/mo | $1,250/door |
| Elyria, OH → | LORAIN County County | 58,812 | 1.51% | $260,000 | $2,100/mo | $1,275/door |
| Lakewood, OH → | CUYAHOGA County County | 55,746 | 1.42% | $225,000 | $1,850/mo | $1,125/door |
| Cuyahoga Falls, OH → | SUMMIT County County | 53,701 | 1.51% | $250,000 | $2,000/mo | $1,225/door |
| Middletown, OH → | BUTLER County County | 53,007 | 1.42% | $225,000 | $1,850/mo | $1,125/door |
| Euclid, OH → | CUYAHOGA County County | 52,472 | 1.39% | $235,000 | $1,950/mo | $1,175/door |
| Newark, OH → | LICKING County County | 52,077 | 1.48% | $230,000 | $1,900/mo | $1,150/door |
| Mentor, OH → | LAKE County County | 51,207 | 1.45% | $225,000 | $1,900/mo | $1,125/door |
| Mansfield, OH → | RICHLAND County County | 50,635 | 1.57% | $255,000 | $2,050/mo | $1,250/door |