16972 Rocky Fork Rd
Logan, OH 43138
$1,150,000
4 bd · 1.5 ba · 3,080 sqft · Listed 3d ago
View on Realtor.com →Year built
1999
Sqft
3,080
Lot sqft
217,800
HOA / mo
$0
Furnished
No
List date
2026-10-08T18:28:38.000000Z
Revenue
Annual revenue
$83,454
ADR
$500
Occupancy
46%
Cleaning fees (12 mo)
$8,076
Confidence
Med (56.7), 12 comps
Comp revenue range (p25 / median / p75)
Few similar-size comps were found, so all comps are shown.
Median revenue of shown comps: $79,820
Fall is Here! Modern Cabin in the Trees
Cabin · 3 bd · 2.5 ba · sleeps 11 · 0.3 mi
Revenue $128,687ADR $453Occ ≈ 78%5★ (126)
Amazing Family Adventures at this Lovely Logan Rental with Fire Pit and Catch-and-Release Pond
Vacation home · 5 bd · 1 ba · sleeps 10 · 0.7 mi
Revenue $54,576ADR $1,184Occ ≈ 13%—
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Patriots Lodge | Hocking Hills, Sleeps 10, Hot Tub Cabin
| 3 bd · 2 ba · sleeps 10 | $74,081 | $399 | 51% | 4.7★ (88) | 0.1 mi | AirbnbVrbo |
The Roosevelt | Modern Cabin in the Trees Cabin
| 3 bd · 2.5 ba · sleeps 11 | $95,612 | $427 | 61% | 4.8★ (16) | 0.3 mi | AirbnbVrbo |
Fall is Here! Modern Cabin in the Trees Cabin | 3 bd · 2.5 ba · sleeps 11 | $128,687 | $453 | 78% | 5★ (126) | 0.3 mi | Airbnb |
Fireside Cabin | Hocking Hills, Hot Tub, Sleeps 8 Cabin
| 3 bd · 2 ba · sleeps 8 | $82,220 | $419 | 54% | 4.8★ (128) | 0.5 mi | AirbnbVrbo |
Luxury Lodge for Groups, Hocking Hills OH Cabin
| 4 bd · 1 ba · sleeps 12 | $55,431 | $567 | 27% | 5★ (4) | 0.6 mi | AirbnbVrbo |
Dreamy Log Cabin, Hocking Hills OH Cabin
| 3 bd · 1.5 ba · sleeps 8 | $80,193 | $613 | 36% | — | 0.6 mi | AirbnbVrbo |
Large Cabin Rental with Games Room and Hot Tub in Logan, Ohio Cabin
| 5 bd · 1.5 ba · sleeps 16 | $102,366 | $1,271 | 22% | — | 0.7 mi | VrboBooking |
Family-Friendly Getaways to this Rustic Log Cabin in Logan, Ohio Cabin
| 3 bd · 1 ba · sleeps 8 | $79,446 | $657 | 33% | — | 0.7 mi | VrboBooking |
Amazing Family Adventures at this Lovely Logan Rental with Fire Pit and Catch-and-Release Pond Vacation home | 5 bd · 1 ba · sleeps 10 | $54,576 | $1,184 | 13% | — | 0.7 mi | Booking |
Hocking Hills Park Getaway for Family Adventures Cabin
| 3 bd · 1 ba · sleeps 10 | $94,169 | $969 | 27% | — | 0.7 mi | AirbnbVrboBooking |
Show 2 more
Family-Friendly Getaways to this Rustic Log
Cabin · 3 bd · 1 ba · sleeps 8 · 0.7 mi
Revenue $4,797ADR $693Occ ≈ 2%—
Delisted
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
$83,454
NOI
$36,423
Cash flow /mo
$3,035
Cash needed
$1,225,000
Cash-on-cash (all cash)
3.0%
ROE (yr 1)
5.8%
Cap rate
3.2%
DSCR
—
Year-1 write-off
$243,432
Year-1 tax shield @ 32%
$77,898
Year-1 return on equity
- Cash flow (annual)$36,423
- Principal paydown (n/a, cash)$0
- Appreciation at%$34,500
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)$16,691
- Platform fees (3% of revenue)$2,504
- Maintenance / capex (5% of revenue)$4,173
- Utilities & supplies$4,200
- HOA$0
- Property tax$10,149
- Insurance (STR-rated)$9,315
Cash needed to close
- Purchase price (all cash)$1,150,000
- Closing costs (4.0%)$46,000
- Furnishing (bought new)$29,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$77,898
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
$1,014,000
Short-life (5/15-yr)
$214,000 · 21%
Year-1 deduction
$243,000
Year-1 tax shield @ 32%
$78,000
Land 12% (county tax record, market value split) · building $801,000 over 39 years · new furniture $29,000
Based on: 3,080 sq ft, built 1999, 4 bd / 1.5 ba, unfurnished, listing features (hot tub, deck, game room, fireplace, flooring types, appliance list, septic, wooded lot).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $145,000 in year 1 (11% short-life, $46,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $16,900
Kitchen cabinetsdefault
$12,600 new × 40% good × 3.37 allocation
- $13,800
Kitchen countertopsdefault
$10,300 new × 40% good × 3.37 allocation
- $7,300
Decorative trimdefault
$5,400 new × 40% good × 3.37 allocation
- $200
Mirrorsdefault
$200 new × 40% good × 3.37 allocation
- $2,000
Shelvingdefault
$1,500 new × 40% good × 3.37 allocation
- $10,400
Window coverings (31)default
$7,800 new × 40% good × 3.37 allocation
- $26,700
Carpet, vinyl & laminate (100% of floors)listing
$19,800 new × 40% good × 3.37 allocation
- $15,100
Kitchen & laundry equipment plumbingdefault
$9,800 new × 46% good × 3.37 allocation
- $9,100
Kitchen, laundry & data equipment electricaldefault
$5,900 new × 46% good × 3.37 allocation
- $7,700
Appliances (range, microwave, dishwasher, refrigerator)listing
$5,700 new × 40% good × 3.37 allocation
- $12,100
Hot tub (freestanding)listing
$9,000 new × 40% good × 3.37 allocation
- $23,000
Furniture bought newlisting
$23,000 new × 100% good · bought separately
- $6,000
Game-room equipment bought newlisting
$6,000 new × 100% good · bought separately
- $19,400
Paving: driveway & walks (paved)listing
$11,500 new × 50% good × 3.37 allocation
- $9,300
Landscaping (minimal)listing
$5,500 new × 50% good × 3.37 allocation
- $5,100
Patiosdefault
$3,000 new × 50% good × 3.37 allocation
- $58,300
Decks & porches (attached)listing
$34,700 new × 50% good × 3.37 allocation
- $620,200
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$334,900 new × 55% good × 3.37 allocation
- $53,800
Building plumbing & fixturesdefault
$34,700 new × 46% good × 3.37 allocation
- $56,300
Building electrical & lightingdefault
$36,300 new × 46% good × 3.37 allocation
- $46,700
HVACdefault
$34,700 new × 40% good × 3.37 allocation
- $3,500
Fireplacelisting
$2,600 new × 40% good × 3.37 allocation
- $20,200
Septic systemlisting
$12,000 new × 50% good × 3.37 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $150,400 | $92,100 | $900 | $243,400 |
| 2 | $0 | $0 | $20,500 | $20,500 |
| 3 | $0 | $0 | $20,500 | $20,500 |
| 4 | $0 | $0 | $20,500 | $20,500 |
| 5 | $0 | $0 | $20,500 | $20,500 |
| 6+ | $0 | $0 | $717,800 | $717,800 |
| Total | $150,400 | $92,100 | $800,800 | $1,043,300 |
The building's share of the price ($1,014,000) is 3.4x our depreciated replacement cost of the home ($301,000). The IRS guide treats a gap this size as a reason to review the land share: if land is worth more than the county ratio says, the basis and the write-off are smaller.
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.