Investment property loans in Ohio
Investment property financing built for Ohio real estate investors .
Whether you’re buying your next rental, refinancing an existing property, pulling out equity, or growing a portfolio, Andes Mortgage can help you get the right financing for your Ohio rental.
Explore business-purpose loan options for non-owner-occupied investment properties across Ohio.
- Business-purpose lending only
- Investor loans in ~46 states
- NMLS #2187991
Financing for Ohio real estate investors
This is business-purpose lending for non-owner-occupied property — buy-and-hold rentals, BRRRR projects, short-term rentals, and portfolio growth across Ohio.
If you’re buying, refinancing, or growing a rental portfolio, you’re in the right place. Many of our investor programs can qualify primarily around the property and its cash flow rather than traditional W-2 or tax-return income documentation.
Business-purpose products we originate in Ohio
Every program below is business-purpose financing for non-owner-occupied property.
Follow your situation into the details — terms, down payment, and the documents each one needs. For anything DSCR-specific in Ohio, start with the dedicated Ohio DSCR page.
Finance an Ohio rental on the property’s income — no tax returns, no personal DTI. Our highest-demand investor program.
Pull equity out of a rental you already own and redeploy it into the next deal — qualified on the property, not your paystubs.
Tap the equity in your Ohio rentals without touching your personal income — qualify on the portfolio’s cash flow.
Buying an Ohio Airbnb or STR? Finance it on short-term rental income, with STR-specific terms.
Close in the name of your LLC and keep the property held the way your investing entity is structured.
Run an Ohio property’s numbers — estimate the DSCR and the loan it supports before you make an offer.
Our national DSCR loan page covers the full program in depth. Andes does not offer owner-occupied or consumer mortgages in Ohio.
Ohio investment-property market at a glance
Ohio is one of the country’s steadier cash-flow markets and one of the most landlord friendly states in the country.
The big four metros each play a different role for investors: Columbus is the growth story, with the state’s highest median listing price (about $394,500 as of June 2026) and strong rental demand from a growing job base; Cincinnati sits just below it (around $354,900) with a deep, diversified rental market. Cleveland and Dayton are the classic lower-basis, higher-yield metros — entry prices well under the state median, where deals commonly clear a 1.0+ DSCR on rent alone.
The statewide figure below is Realtor.com listing data and updates automatically each month.
Ohio housing market
Realtor.com listing data · as of July 2026
Figures are Realtor.com listing data (what sellers are asking) — not sale prices. Source: Realtor.com via FRED (Federal Reserve Bank of St. Louis). Updates monthly.
Metro figures are Realtor.com median listing prices (not sale prices), published via FRED and current as of June 2026.
Cash flow that still pencils in Ohio
Ohio gives rental-property investors a wide range of price points across its major metros. Columbus and Cincinnati sit toward the higher end of the state’s major markets, while Cleveland and Dayton generally offer lower entry prices.
The live market data below tracks Ohio’s rental market from the largest metro areas. We update it automatically each month so investors can see how the market is moving before they start running a property through our financing options.
Ohio rental market · single-family
Data through Jul 2026
| Metro | Typical asking rent | YoY change | Data through |
|---|---|---|---|
| Cleveland | $1,763 | +5.6% | Jul 2026 |
| Columbus | $2,095 | +4.0% | Jul 2026 |
| Cincinnati | $2,055 | +4.2% | Jul 2026 |
| Dayton | $1,555 | +3.2% | Jul 2026 |
Data through Jul 2026 · updated monthly · source: Zillow (ZORI)
Financing Built Around the Deal — Not Just the Borrower
Every investment property has a different story.
Some deals are about cash flow. Others are about pulling equity out, buying in an LLC, financing a short-term rental, or finding a structure that still works when the numbers are tight.
At Andes Mortgage, we help Ohio real estate investors look at the property, the strategy, and the financing together.
Instead of trying to force every deal into one loan program, we compare the available business-purpose options and help you understand which structure makes the most sense for what you’re trying to accomplish.
Start With the Property
Tell us what you're buying — or what you already own. Share the purchase price, expected rent, current mortgage, equity position, or whatever you know about the deal. We can start there and help you figure out which financing options are worth exploring.
Compare investor loan options
Depending on the deal, that could mean a DSCR loan, cash-out refinance, investor HELOC, short-term rental financing, or another business-purpose structure. We'll help you compare the options instead of making you guess which program fits.
Think Beyond This One Closing
Whether you're buying your first Ohio rental or adding another property to an existing portfolio, we look at how the financing fits into the bigger picture — including your equity, cash flow, and plans for the next deal.
Have an Ohio Investment Property in Mind?
Answer a few quick questions about the property and what you’re trying to do. We’ll help point you toward the business-purpose financing options that may fit.
- Business-purpose lending in Ohio
Andes Mortgage originates business-purpose investment property loans in Ohio, including DSCR and other financing for non-owner-occupied rental properties. We do not offer owner-occupied or consumer-purpose mortgages in Ohio. This is not a commitment to lend. Terms subject to change. NMLS #2187991.
Ohio investor loan questions
Can I finance an investment property in Ohio through Andes?
Yes. Andes originates business-purpose investment property loans on non-owner-occupied Ohio real estate — including DSCR loans, cash-out refinances, investor HELOCs, and short-term rental financing. These loans qualify on the property’s rental income, so there are no tax returns and no personal debt-to-income calculation.
Does Andes offer owner-occupied or consumer mortgages in Ohio?
No. In Ohio, Andes offers business-purpose investment loans only — financing for rental and other non-owner-occupied property. We do not originate owner-occupied, primary-residence, or other consumer-purpose mortgages in Ohio.
What is a business-purpose (investor) loan?
A business-purpose loan finances property held to generate income or profit — a rental, a BRRRR project, a short-term rental — rather than a home you live in. Because the loan is underwritten on the property’s cash flow and business use, it follows different rules than a consumer mortgage, and the property is typically non-owner-occupied.
Which Ohio markets are best for rental investing?
The four metros investors ask about most are Columbus, Cincinnati, Cleveland, and Dayton. Columbus and Cincinnati carry higher prices with strong demand and appreciation potential, while Cleveland and Dayton offer lower entry prices and higher yields where deals commonly clear a 1.0+ DSCR on rent alone.
Can I buy an Ohio rental property through an LLC?
Absolutely. You can title your property to an LLC using our DSCR loans in Ohio. For more information on having a business own the property, visit our DSCR LLC page.
Finance your next Ohio rental
Answer a few quick questions and we’ll point you to the business-purpose program that fits your deal and what you’d need to qualify — no credit pull, no obligation.
Andes Mortgage LLC · NMLS #2187991 · Equal Housing Lender. In Ohio, Andes originates business-purpose investment property loans only (non-owner-occupied), and does not offer owner-occupied or consumer-purpose mortgages. Market figures are Realtor.com listing data (not sale prices), published via FRED (Federal Reserve Bank of St. Louis) and updated monthly. This page is informational and is not a commitment to lend; program terms and eligibility vary by lender and are subject to change.