18879 Shriner St
Laurelville, OH 43135
$250,000
3 bd · 2 ba · 1,456 sqft · Listed today
View on Realtor.com →Year built
2026
Sqft
1,456
Lot sqft
10,890
HOA / mo
$0
Furnished
No
List date
2026-10-29T02:09:06.000000Z
Revenue
Annual revenue
$42,524
ADR
$279
Occupancy
42%
Cleaning fees (12 mo)
$3,738
Confidence
Med (57.44), 12 comps
Comp revenue range (p25 / median / p75)
Few similar-size comps were found, so all comps are shown.
Median revenue of shown comps: $38,309
Cozy on the Corner
House · 2 bd · 1 ba · sleeps 4 · 502 ft
Revenue $27,164ADR $118Occ ≈ 63%5★ (14)
Mayor's Manor: Hot Tub | Game Room | Fire Pit
House · 4 bd · 2 ba · sleeps 11 · 0.2 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +4
Revenue $54,494ADR $301Occ ≈ 50%4.9★ (71)
The Laurelville House
House · 2 bd · 1 ba · sleeps 4 · 0.3 mi
Revenue $30,631ADR $195Occ ≈ 43%4.9★ (107)
Cozy Cabin-Hot Tub, Pool Table & Game Room-Ideal for Families & Small Groups
Cabin · 3 bd · 3 ba · sleeps 8 · 0.3 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +4
Revenue $44,443ADR $447Occ ≈ 27%5★ (125)
Joe's Dream
Cabin · 4 bd · 3 ba · sleeps 12 · 0.6 mi
- Hot tub
- A/C
- Free parking
- Kitchen
- +2
Revenue $64,897ADR $547Occ ≈ 33%5★ (63)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Marjie's Retreat with Hot Tub & Swimming Pool House
| 4 bd · 2 ba · sleeps 8 | $51,426 | $345 | 41% | 5★ (61) | 472 ft | AirbnbVrbo |
Cozy on the Corner House | 2 bd · 1 ba · sleeps 4 | $27,164 | $118 | 63% | 5★ (14) | 502 ft | Airbnb |
Mayor's Manor: Hot Tub | Game Room | Fire Pit House
| 4 bd · 2 ba · sleeps 11 | $54,494 | $301 | 50% | 4.9★ (71) | 0.2 mi | Airbnb |
The Laurelville House House | 2 bd · 1 ba · sleeps 4 | $30,631 | $195 | 43% | 4.9★ (107) | 0.3 mi | Airbnb |
Cozy Cabin-Hot Tub, Pool Table & Game Room-Ideal for Families & Small Groups Cabin
| 3 bd · 3 ba · sleeps 8 | $44,443 | $447 | 27% | 5★ (125) | 0.3 mi | Vrbo |
Rockin' B | Hocking Hills, Hot Tub, Game Room Cabin
| 3 bd · 2 ba · sleeps 6 | $8,931 | $262 | 9% | 4.7★ (3) | 0.3 mi | AirbnbVrbo |
Honey Hill Cottage Cottage
| 2 bd · 1 ba · sleeps 4 | $25,551 | $146 | 48% | 4.8★ (124) | 0.5 mi | AirbnbVrbo |
Joe's Dream Cabin
| 4 bd · 3 ba · sleeps 12 | $64,897 | $547 | 33% | 5★ (63) | 0.6 mi | Airbnb |
Canary Cabin: Thompson Ridge Hocking Hills Retreat Tiny house
| 2 bd · 1 ba · sleeps 4 | $63,574 | $207 | 84% | 5★ (100) | 0.6 mi | AirbnbVrbo |
Cozy Creekside Cabin in the heart of Hocking Hills Cabin
| 3 bd · 2 ba · sleeps 10 | $48,625 | $307 | 43% | 5★ (221) | 0.7 mi | AirbnbVrboBooking |
Show 2 more
Dragonfly Cabin
Cabin · 4 bd · 3 ba · sleeps 12 · 0.7 mi
- Hot tub
- A/C
- Free parking
- Kitchen
- +2
Revenue $29,525ADR $557Occ ≈ 15%4.9★ (38)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Dragonfly Cabin Cabin
| 4 bd · 3 ba · sleeps 12 | $29,525 | $557 | 15% | 4.9★ (38) | 0.7 mi | Airbnb |
Wolf Cabin a Tiny Home at Thompson Ridge Tiny house
| 2 bd · 1 ba · sleeps 4 | $32,174 | $209 | 42% | 5★ (86) | 0.7 mi | AirbnbVrbo |
Revenue and nightly rate (ADR) are trailing-12-month figures per listing. Occupancy is estimated as revenue ÷ ADR ÷ 365 and can read high when revenue includes cleaning fees.
Cash flow calculator
Est. revenue
$42,524
NOI
$23,729
Cash flow /mo
$1,977
Cash needed
$279,500
Cash-on-cash (all cash)
8.5%
ROE (yr 1)
11.2%
Cap rate
9.5%
DSCR
—
Year-1 write-off
$24,114
Year-1 tax shield @ 32%
$7,717
Year-1 return on equity
- Cash flow (annual)$23,729
- Principal paydown (n/a, cash)$0
- Appreciation at%$7,500
Tax savings aren't counted. Turn on “Count tax savings in returns” above if you can use the losses.
Opex, cash-needed & tax-savings breakdown
Annual operating expenses
- Management (20% of revenue)$8,505
- Platform fees (3% of revenue)$1,276
- Maintenance / capex (5% of revenue)$2,126
- Utilities & supplies$4,200
- HOA$0
- Property tax$663
- Insurance (STR-rated)$2,025
Cash needed to close
- Purchase price (all cash)$250,000
- Closing costs (4.0%)$10,000
- Furnishing (bought new)$19,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$7,717
Property tax, insurance rate and the land/building split come from this listing's county tax record; other assumptions match the daily feed (see tasks/plan.md).
The write-off comes from the cost segregation estimate below. Not tax advice.
Cost segregation estimate
An estimate from the listing: every part of the home is priced from national construction costs, less wear for age, and the price (less land) is spread over the parts in proportion. The headline is what a typical cost seg study would claim for this property. The answers below are optional refinements.
Depreciable basis
$18,000
Short-life (5/15-yr)
$5,000 · 25%
Year-1 deduction
$24,000
Year-1 tax shield @ 32%
$8,000
Land 93% (county tax record, market value split) · building $14,000 over 39 years · new furniture $20,000
Based on: 1,456 sq ft, built 2026, 3 bd / 2 ba, unfurnished, listing features (flooring types, appliance list).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $23,000 in year 1 (17% short-life, $7,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $600
Kitchen cabinetsdefault
$9,000 new × 100% good × 0.07 allocation
- $500
Kitchen countertopsdefault
$7,400 new × 100% good × 0.07 allocation
- $200
Decorative trimdefault
$2,500 new × 100% good × 0.07 allocation
- $0
Mirrorsdefault
$300 new × 100% good × 0.07 allocation
- $100
Shelvingdefault
$1,200 new × 100% good × 0.07 allocation
- $300
Window coverings (15)default
$3,800 new × 100% good × 0.07 allocation
- $600
Carpet, vinyl & laminate (100% of floors)listing
$9,400 new × 100% good × 0.07 allocation
- $500
Kitchen & laundry equipment plumbingdefault
$7,000 new × 100% good × 0.07 allocation
- $300
Kitchen, laundry & data equipment electricaldefault
$4,200 new × 100% good × 0.07 allocation
- $400
Appliances (range, microwave, dishwasher, refrigerator)listing
$5,700 new × 100% good × 0.07 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $500
Paving: driveway & walks (paved)default
$7,900 new × 100% good × 0.07 allocation
- $500
Landscaping (typical)default
$7,600 new × 100% good × 0.07 allocation
- $100
Patiosdefault
$1,400 new × 100% good × 0.07 allocation
- $100
Decks & porches (attached)default
$1,400 new × 100% good × 0.07 allocation
- $10,500
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$157,600 new × 100% good × 0.07 allocation
- $1,100
Building plumbing & fixturesdefault
$16,400 new × 100% good × 0.07 allocation
- $1,100
Building electrical & lightingdefault
$15,700 new × 100% good × 0.07 allocation
- $1,100
HVACdefault
$16,400 new × 100% good × 0.07 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $22,900 | $1,200 | $0 | $24,100 |
| 2 | $0 | $0 | $400 | $400 |
| 3 | $0 | $0 | $400 | $400 |
| 4 | $0 | $0 | $400 | $400 |
| 5 | $0 | $0 | $400 | $400 |
| 6+ | $0 | $0 | $12,300 | $12,300 |
| Total | $22,900 | $1,200 | $13,800 | $37,900 |
The building's share of the price ($18,000) is well below our depreciated replacement cost of the home ($275,000). The land share may be overstated, or the home may need work.
Model-based estimate, not an engineered cost segregation study. The IRS doesn’t approve studies; get a professional study before filing. Using these losses against W-2 income needs the short-term rental exception (average stay ≤7 days + material participation). The 39-year building life applies because stays average under 30 days, a separate test (27.5 years for a long-term rental). Federal only: California, Georgia and Wisconsin disallow bonus depreciation, Ohio adds back 5/6 of it, and Tennessee has no personal income tax. Not tax advice.
Market note
Hocking County STR ordinance pending (annual permit, inspection, $1M liability insurance, driveway standards). Steep/gravel driveways are a cost risk.