DSCR Loans in Painesville, Ohio

Painesville sits in Lake County. The facts below are what a DSCR lender actually looks at on a property here.

Lake County seat, Cleveland-metro suburb on Lake Erie.

Painesville at a glance

County: Lake County
Population: 20,312 (2020 Census)
Type: City

Home values and rent in Painesville

We don't have a Painesville-specific median home value. Countywide, Lake County's figure is $214,100 (ACS 2020-2024 5yr) — treat this as a county-level baseline, not a Painesville number. On rent, we're again working from the county: Lake County's median gross rent is $1,113/mo (ACS 2020-2024 5yr), not a Painesville-specific figure.

The county tax-drag math applies here

Lake County's 1.50% effective tax rate applies to property in Painesville — above 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 Lake County page — here's the tax line specifically for a property at Painesville's own numbers:

Property value used: $214,100 (countywide)
Lake County effective tax rate: 1.50%
Estimated monthly property tax: $268

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 Painesville DSCR quote

Every Painesville property prices differently once a lender sees the real rent and file. Compare quotes on yours.

Compare DSCR quotes for a Painesville 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" (Lake 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.