DSCR Loans in Lima, Ohio

Financing a rental in Lima, Ohio runs through Allen County's property tax rate and the local rent and value numbers below — here's how they combine on a DSCR loan.

Allen County seat; anchored by a regional oil refinery and the Joint Systems Manufacturing Center (Lima Army Tank Plant).

Lima at a glance

County: Allen County
Population: 35,579 (2020 Census)
Type: City

Home values and rent in Lima

We don't have a Lima-specific median home value. Countywide, Allen County's figure is $165,300 (ACS 2020-2024 5yr) — treat this as a county-level baseline, not a Lima number. On rent, we're again working from the county: Allen County's median gross rent is $922/mo (ACS 2020-2024 5yr), not a Lima-specific figure.

The county tax-drag math applies here

Allen County's 1.06% effective tax rate applies to property in Lima — below the 1.36% statewide average. The full worked PITIA and DSCR example, built on a property at the county's median value, is on the Allen County page — here's the tax line specifically for a property at Lima's own numbers:

Property value used: $165,300 (countywide)
Allen County effective tax rate: 1.06%
Estimated monthly property tax: $146

That estimate uses an observed Ohio DSCR average of 7.20% (Q2 2026)¹ elsewhere in the full county example — this is a market observation, not an offer; your rate depends on your DSCR, credit, LTV and loan purpose, and is set by the lender, not by us.

Get your Lima DSCR quote

Run the numbers on the actual address, not the median. Compare DSCR quotes for a Lima property.

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Sources for this page

Wikipedia, "List of municipalities in Ohio" (population, 2020 Census) — https://en.wikipedia.org/wiki/List_of_municipalities_in_Ohio
CostByCounty, "Cost of Living in Ohio by County" (Allen County median home value, county-fallback) — https://costbycounty.com/ohio
Private Lender Link (Ohio DSCR rate average, Q2 2026) — https://privatelenderlink.com/region/usa/ohio/residential-long-term-rental-ohio-usa/

Last updated 2026-08-25. Figures are refreshed periodically from the sources above, each with its own as-of date.