Investing in Wood County
Wood County covers 2 rental markets we actively finance in Ohio — Bowling Green, Perrysburg. Across those markets the median investment basis averages $315,000, a long-term lease averages $1,900/month, and the average all-in PITIA on a DSCR loan at the minimum down payment is $2,287. That produces a county-wide average DSCR ratio near 0.86x.
Basis varies more inside Wood County than the average suggests. Bowling Green is the lowest entry point at roughly $250,000, while Bowling Green currently models the strongest coverage ratio in the county at 1.01x. When two towns in the same county ratio differently, it is almost always the rent-to-price relationship rather than the rate — the same loan pricing applies county-wide, so the deal is won on which submarket you buy in.