Property & Loan Details
Chelan County median: $475,000
Down: $118,750 | Loan: $356,250
Rental Income & Expenses
Chelan County median rent: $1,450/mo
Lenders apply a 75% haircut to STR income
$348/mo(0.88% of purchase price)
Your DSCR Ratio
Below Minimum0.46
Below most lender minimums — let’s explore options to improve your ratio
Monthly Rent
$1,450
Monthly PITIA
$3,178
Interest-only option: Switching to interest-only would improve your DSCR to 0.50
Unlock Your Full DSCR Qualification Report
Get down-payment comparisons, interest-only analysis, cash-on-cash projections, and personalized lender recommendations.
Rates as of 2026-03-01. Calculations are estimates for educational purposes only. Actual DSCR requirements, rates, and terms vary by lender, property type, and loan program. Most DSCR lenders require a minimum ratio of 1.0–1.25. Contact Mo Abdel at (949) 822-9662 for a personalized investment property analysis. NMLS #1426884 | Lumin Lending NMLS #2716106.
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Frequently Asked Questions
What DSCR do I need to qualify for a loan in Chelan County, Washington?
Most DSCR lenders require a minimum ratio of 1.0 to 1.25. A 1.0 DSCR means the property's rental income exactly covers the mortgage payment (PITIA). A 1.25 DSCR — the most common lender minimum — means the rent is 25% higher than the payment. In Chelan County, with a median rent of $1,450/mo and a median home price of $475,000, use the calculator above to see your exact qualification.
Can I qualify for a DSCR loan below 1.0 in Chelan County?
Some lenders offer DSCR loans with ratios as low as 0.75, though these come with higher interest rates — typically 0.5% to 1.0% above standard DSCR pricing. A sub-1.0 DSCR means the rent does not fully cover the mortgage, so lenders view the loan as higher risk. In Chelan County, the median rent is $1,450/mo; if your property rents below PITIA, a sub-1.0 DSCR program may still work.
How does interest-only affect my DSCR in Chelan County?
An interest-only (IO) payment structure removes the principal portion of your mortgage for the first 5 to 10 years, lowering your monthly PITIA and boosting your DSCR ratio. In Chelan County, switching from a 30-year amortizing loan to IO can increase your DSCR by 0.15 to 0.30, potentially pushing a marginal deal into qualification range. The calculator above shows both amortizing and IO DSCR side by side.
What is the conforming loan limit in Chelan County for 2026?
The 2026 conforming loan limit in Chelan County, Washington is $806,500. Loans above this threshold are classified as jumbo and typically carry higher rates, which reduces your DSCR. DSCR lenders offer both conforming and jumbo products, but qualification requirements may be stricter for jumbo amounts.
Do DSCR loans require income verification in Chelan County?
No. DSCR loans qualify based on the property's rental income relative to the mortgage payment — not your personal W-2, tax returns, or employment history. This makes DSCR loans ideal for self-employed investors, LLC-held properties, and borrowers with complex income structures. In Chelan County, the property's market rent (median: $1,450/mo) is the primary qualification factor.
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