Loan Scenario:

American Heritage Lending recently funded a DSCR loan for a returning client purchasing a single-family rental in Cleveland, Ohio. The borrower already owns a primary residence along with several investment properties, and came back to a lending partner they had worked with before to add another cash-flowing door to the portfolio.

The property appraised at $93,000, and AHL structured the purchase at a $78,625 loan amount, or 85% loan-to-value, on a 30-year term. Because qualification rested on the property’s own income rather than the borrower’s personal tax returns, the file moved quickly and cleanly. With a debt-service coverage ratio of 1.747, the rent comfortably outpaced the monthly obligation, giving this investor healthy cushion from day one.

Cleveland remains one of the Midwest’s most compelling markets for buy-and-hold investors, where modest acquisition prices pair with strong rent-to-value ratios that are increasingly hard to find on the coasts. Neighborhoods across the metro continue to draw steady tenant demand from a diversified base of healthcare, education, and manufacturing employers, supporting the kind of durable cash flow this deal delivered.

Whether you are adding your first rental or your fifth, AHL’s DSCR program is built for investors who want to scale on the strength of the asset. See what your next deal could look like by starting your financing in Ohio today.

Similar Recently Funded Case Studies: DSCR Loan in Cleveland, OH  •  DSCR Loan in Lorain, OH  •  DSCR Loan in Columbus, OH

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