Cleveland, OH DSCR Calculator
Calculate the debt service coverage ratio (DSCR) for any rental property in Cleveland. Based on current Cleveland market data.
Cleveland Market Snapshot
$115,000
$1,050/mo
9.8%
2.2%
$7,988
1.22
Based on median price, 25% down, 6.5% rate, 30-year term.
Run Your Cleveland Numbers
Plug in any Cleveland property to get DSCR, NOI, cash flow, and more.
How DSCR Works in Cleveland
The Cleveland rental market has a median home price of $115,000 and median rent of $1,050/month, which puts the average debt service coverage ratio (DSCR) at roughly 9.8% for a typical single-family rental. That means for every dollar of property value, you can expect about 9.8 cents in annual net income before debt service.
With a 25% down payment ($28,750) and a 6.5% mortgage rate, a median Cleveland rental generates roughly $7,988/yr in NOI against $6,540/yr in debt service, giving you a DSCR of 1.22. That's above breakeven but tight — you may want to increase your down payment or find a deal below median price.