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14462 OH 664

14462 OH 664

Logan, OH 43138

$379,500

3 bd · 2.5 ba · 2,416 sqft · Listed 1d ago

View on Realtor.com →

Year built

1975

Sqft

2,416

Lot sqft

89,734

HOA / mo

$0

Furnished

No

List date

2026-10-07T19:31:02.000000Z

Revenue

Annual revenue

$36,933

ADR

$199

Occupancy

51%

Cleaning fees (12 mo)

$3,414

Confidence

Low (50.73), 11 comps

Comp revenue range (p25 / median / p75)

$30,411$37,992$53,072

Median revenue of shown comps: $37,992

  • Buck Run Cottage

    Cottage · 3 bd · 2 ba · sleeps 7 · 0.3 mi

    Revenue $7,411ADR $243Occ ≈ 8%4.8★ (26)

    Airbnb

  • Turkey Run Cabin | Hocking Hills, Hot Tub

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.3 mi

    Revenue $54,343ADR $323Occ ≈ 46%4.5★ (101)

    Airbnb

  • Luxurious pet friendly cabin with fenced yard! Close proximity to hiking and activities.

    Cabin · 3 bd · 3 ba · sleeps 10 · 0.3 mi

    Revenue $37,992ADR $434Occ ≈ 24%4.8★ (74)

    Delisted

  • The Hocking Cottage: Hot tub + arcade games

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.3 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $42,547ADR $249Occ ≈ 47%5★ (108)

    AirbnbVrbo

  • Whitetail Run Cottage

    Cottage · 3 bd · 2 ba · sleeps 6 · 0.3 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +3

    Revenue $31,503ADR $212Occ ≈ 41%4.8★ (25)

    AirbnbVrboBooking

  • Buck Run Cottage

    Cottage · 3 bd · 2 ba · sleeps 6 · 0.4 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +3

    Revenue $35,235ADR $201Occ ≈ 48%4.5★ (32)

    AirbnbVrboBooking

  • Whitetail Run Cottage

    Cottage · 3 bd · 2 ba · sleeps 7 · 0.4 mi

    Revenue $6,837ADR $235Occ ≈ 8%4.6★ (25)

    Airbnb

  • Deer Hill -Hocking Hills Cozy Retreat

    Farm stay · 3 bd · 2 ba · sleeps 6 · 0.4 mi

    • A/C
    • Free parking
    • Wifi
    • Kitchen
    • +2

    Revenue $29,319ADR $225Occ ≈ 36%4.5★ (26)

    Airbnb

  • Hawks Peak - by The Chalets

    Vacation home · 3 bd · 2 ba · sleeps 6 · 0.4 mi

    Revenue $64,123ADR $342Occ ≈ 51%5★ (1)

    Booking

  • Wooded Pet Friendly Cabin w/ Screened-in Hot Tub

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.5 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +4

    Revenue $51,800ADR $320Occ ≈ 44%4.8★ (119)

    AirbnbVrbo

Show 1 more
  • Onyx Outpost (13 min to Old Man’s Cave)

    House · 3 bd · 2 ba · sleeps 8 · 0.6 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $54,567ADR $340Occ ≈ 44%5★ (62)

    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

Financing
Management

Est. revenue

$36,933

NOI

$16,526

Cash flow /mo

$1,377

Cash needed

$414,180

Cash-on-cash (all cash)

4.0%

ROE (yr 1)

6.7%

Cap rate

4.4%

DSCR

—

Year-1 write-off

$82,004

Year-1 tax shield @ 32%

$26,241

Year-1 return on equity

  • Cash flow (annual)$16,526
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$11,385
ROE6.7%

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)$7,387
  • Platform fees (3% of revenue)$1,108
  • Maintenance / capex (5% of revenue)$1,847
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$2,792
  • Insurance (STR-rated)$3,074

Cash needed to close

  • Purchase price (all cash)$379,500
  • Closing costs (4.0%)$15,180
  • Furnishing (bought new)$19,500

Tax savings if the STR loophole applies

  • Tax shield @ 32%$26,241

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

$312,000

Short-life (5/15-yr)

$62,000 · 20%

Year-1 deduction

$82,000

Year-1 tax shield @ 32%

$26,000

Land 18% (county tax record, market value split) · building $250,000 over 39 years · new furniture $20,000

Based on: 2,416 sq ft, built 1975, 3 bd / 2.5 ba, unfurnished, listing features (fireplace, flooring types, appliance list, septic, wooded lot).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $62,000 in year 1 (14% short-life, $20,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$64,700
  • Kitchen cabinetsdefault

    $11,100 new × 40% good × 1.71 allocation

    $7,600
  • Kitchen countertopsdefault

    $9,100 new × 40% good × 1.71 allocation

    $6,200
  • Decorative trimdefault

    $4,200 new × 40% good × 1.71 allocation

    $2,900
  • Mirrorsdefault

    $300 new × 40% good × 1.71 allocation

    $200
  • Shelvingdefault

    $1,200 new × 40% good × 1.71 allocation

    $800
  • Window coverings (24)default

    $6,000 new × 40% good × 1.71 allocation

    $4,100
  • Carpet, vinyl & laminate (100% of floors)listing

    $15,500 new × 40% good × 1.71 allocation

    $10,700
  • Kitchen & laundry equipment plumbingdefault

    $8,600 new × 40% good × 1.71 allocation

    $5,900
  • Kitchen, laundry & data equipment electricaldefault

    $5,200 new × 40% good × 1.71 allocation

    $3,600
  • Appliances (range, microwave, refrigerator)listing

    $4,700 new × 40% good × 1.71 allocation

    $3,200
  • Furniture bought newlisting

    $19,500 new × 100% good · bought separately

    $19,500
15-year land improvements$17,000
  • Paving: driveway & walks (paved)default

    $10,200 new × 50% good × 1.71 allocation

    $8,700
  • Landscaping (minimal)listing

    $4,900 new × 50% good × 1.71 allocation

    $4,200
  • Patiosdefault

    $2,400 new × 50% good × 1.71 allocation

    $2,000
  • Decks & porches (attached)default

    $2,400 new × 50% good × 1.71 allocation

    $2,000
Building, 39-year$250,200
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $262,500 new × 40% good × 1.71 allocation

    $179,900
  • Building plumbing & fixturesdefault

    $27,200 new × 40% good × 1.71 allocation

    $18,600
  • Building electrical & lightingdefault

    $27,900 new × 40% good × 1.71 allocation

    $19,100
  • HVACdefault

    $27,200 new × 40% good × 1.71 allocation

    $18,600
  • Fireplaces (2)listing

    $5,300 new × 40% good × 1.71 allocation

    $3,600
  • Septic systemlisting

    $12,000 new × 50% good × 1.71 allocation

    $10,300

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$64,700$17,000$300$82,000
2$0$0$6,400$6,400
3$0$0$6,400$6,400
4$0$0$6,400$6,400
5$0$0$6,400$6,400
6+$0$0$224,200$224,200
Total$64,700$17,000$250,200$331,900

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.