DSCR Loans in Toledo, Ohio

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

The 'Glass City'; Jeep (Stellantis) assembly plant anchors manufacturing employment. Deep-value entry prices, operator-intensive market.

Toledo at a glance

County: Lucas County
Population: 270,871 (2020 Census)
Type: City

Home values and rent in Toledo

Toledo's own median home value runs $130,101. Rent in Toledo runs a median $967/mo.

The county tax-drag math applies here

Lucas County's 1.55% effective tax rate applies to property in Toledo — 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 Lucas County page — here's the tax line specifically for a property at Toledo's own numbers:

Property value used: $130,101
Lucas County effective tax rate: 1.55%
Estimated monthly property tax: $168

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 Toledo DSCR quote

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

Compare DSCR quotes for a Toledo property →

Sources for this page

Wikipedia, "List of municipalities in Ohio" (population, 2020 Census) — https://en.wikipedia.org/wiki/List_of_municipalities_in_Ohio
This site's own metro market pages (median home value) — see the "Sources for this page" list on each /markets/ page for full citations
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.