DSCR Loans in Willoughby Hills, Ohio

Here's the local picture for a DSCR-financed rental in Willoughby Hills, Lake County, Ohio.

Willoughby Hills at a glance

County: Lake County
Population: 10,019 (2020 Census)
Type: City

Home values and rent in Willoughby Hills

Countywide, Lake County's median home value is $214,100 (ACS 2020-2024 5yr) — a Willoughby Hills-specific figure isn't independently published, so this reflects the whole county, not Willoughby Hills 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 Hills number we don't have.

The county tax-drag math applies here

Willoughby Hills 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 Hills'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.

Near Willoughby Hills

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

Mentor → — 47,450
Willoughby → — 23,959
Painesville → — 20,312
Eastlake → — 17,670
Willowick → — 14,204
Wickliffe → — 12,652

Get your Willoughby Hills DSCR quote

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

Compare DSCR quotes for a Willoughby Hills 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.