DSCR Loans in Willoughby, Ohio

Willoughby is a city in Lake County, Ohio. Here's what a DSCR lender's math looks like on a rental property here.

Lake County, Cleveland-metro suburb.

Willoughby at a glance

County: Lake County
Population: 23,959 (2020 Census)
Type: City

Home values and rent in Willoughby

Countywide, Lake County's median home value is $214,100 (ACS 2020-2024 5yr) — a Willoughby-specific figure isn't independently published, so this reflects the whole county, not Willoughby alone. Countywide, Lake County's median gross rent is $1,113/mo (ACS 2020-2024 5yr) — again, a county figure standing in for a Willoughby number we don't have.

The county tax-drag math applies here

Willoughby sits in Lake County, where the effective property tax rate is 1.50% — above 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 Lake County page — here's the tax line specifically for a property at Willoughby'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 Willoughby DSCR quote

The figures above are city or county medians — your specific Willoughby property will land somewhere else on the DSCR math. See where.

Compare DSCR quotes for a Willoughby 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.