DSCR Loans in Oberlin, Ohio

Here's the local picture for a DSCR-financed rental in Oberlin, Lorain County, Ohio.

Oberlin at a glance

County: Lorain County
Population: 8,555 (2020 Census)
Type: City

Home values and rent in Oberlin

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

The county tax-drag math applies here

Oberlin 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 Oberlin'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.

Near Oberlin

Nearby Lorain County cities and villages worth running the same math on — Oberlin's tax rate applies to all of them:

Lorain → — 65,211
Elyria → — 52,656
North Ridgeville → — 35,280
Avon Lake → — 25,206
Avon → — 24,847
Amherst → — 12,681

Get your Oberlin DSCR quote

Median figures are a starting point, not a quote. See what lenders offer on a specific Oberlin rental.

Compare DSCR quotes for an Oberlin 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.