DSCR Loans in North Ridgeville, Ohio

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

Lorain County, Cleveland-metro suburb.

North Ridgeville at a glance

County: Lorain County
Population: 35,280 (2020 Census)
Type: City

Home values and rent in North Ridgeville

Countywide, Lorain County's median home value is $223,200 (ACS 2020-2024 5yr) — a North Ridgeville-specific figure isn't independently published, so this reflects the whole county, not North Ridgeville alone. Countywide, Lorain County's median gross rent is $966/mo (ACS 2020-2024 5yr) — again, a county figure standing in for a North Ridgeville number we don't have.

The county tax-drag math applies here

North Ridgeville sits in Lorain County, where the effective property tax rate is 1.22% — below Ohio's 1.36% statewide average. The full worked PITIA and DSCR example, built on a property at the county's median value, is on the Lorain County page — here's the tax line specifically for a property at North Ridgeville's own numbers:

Property value used: $223,200 (countywide)
Lorain County effective tax rate: 1.22%
Estimated monthly property tax: $227

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 North Ridgeville DSCR quote

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

Compare DSCR quotes for a North Ridgeville property →

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" (Lorain 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.