| Purpose | Investment rental property review |
| Local focus | Reappraisal schedules and the expense reset |
| Availability | Varies by state, property, lender and program |
A debt service coverage ratio (DSCR) loan uses rental income to evaluate an investment property under the selected lender's rules. For rental property in Ohio, this guide focuses on reappraisal schedules and the expense reset. Start with the local records below before relying on a projected loan payment.
Reappraisal schedules and the expense reset
Ohio's Department of Taxation announced changes to the reappraisal and update schedule in January 2026. Confirm the schedule currently applicable to the property's county instead of relying on an old planning calendar. The current tax bill, assessment notice and lender estimate should each be identified by the period they represent.
State reference: Ohio Department of Taxation: January 2026 reappraisal-schedule announcement.
Documents and questions for this property review
Confirm the county's current reappraisal or update schedule against the state bulletin and local information. Date the assessment notice, tax bill and any forward estimate. If a seller's spreadsheet uses a different schedule, reconcile the discrepancy and show the lender which expense assumption remains subject to confirmation.
A property review example
Hypothetical planning example, not a completed transaction. A Columbus investor receives an underwriting spreadsheet built before the county's latest schedule update. Ask the county auditor which assessment period applies and whether a new notice should be reflected. Keep the lease assumptions constant while updating taxes, so the investor can see exactly how the change affects the proposed debt coverage.
Should I rely on an older county reappraisal calendar?
Check the current county schedule and effective notices. Ohio's announced realignment makes the date of the reference material relevant.
Connect local costs to the DSCR calculation
Many residential rental programs divide qualifying monthly rent by the full housing payment, including principal, interest, taxes, insurance and applicable association dues. Confirm the selected program's formula and accepted rent evidence. Keep vacancy, management, maintenance and capital work in a separate operating budget: meeting a lender's ratio does not establish profitability. Use the DSCR Program Calculator and read the full DSCR qualification guide for the broader framework.
Request a property scenario review
Stonehaven Lending is a mortgage brokerage arranging business-purpose DSCR financing nationwide, with availability varying by state, property, lender and program. Request a DSCR review with the property location, legal unit count, intended use, purchase or refinance goal and available rent and expense records.