🌲 Rare Permitted Hocking Hills STR Doing $34K (17% ROI at $229K)

💰 $229K Fully turnkey Logan, OH property with transferable permit, proven income, and limited future competition

Author

Alex Veytsman
April 16, 2026

🌲 $34K Proven STR in Hocking Hills (Rare In-Town Permit)

💰 $229K Price • 17% ROI • Fully Permitted • Turnkey + Furnished

🚨 This Is One of the Few You Can Actually Operate

If you know Logan, OH / Hocking Hills, you know:

👉 New STR approvals inside city limits are extremely restricted

This one is different:

✔ Fully permitted STR
✔ Transferable Conditional Use Permit + CO
✔ Already operating successfully

👉 This is a grandfathered, legally operable asset — which is becoming rare.

💰 The Numbers (Simple + Clean)

List Price: $229,900

Gross ROI: 17%

📊 Actual Performance:

👉 2025: $34,885

Projected Revenue: ~$38,000+

Comps support the range:

👉 This is a steady, reliable income producer at a low entry point

🏡 The Asset

  • 2 Bed / 1 Bath

  • 836 sqft

  • Fully renovated (down to the studs in 2021)

  • Located in downtown Logan

Updates include:

✔ Electrical
✔ Plumbing
✔ HVAC
✔ Roof + siding + windows

👉 This is effectively a new house operationally

🎯 Why This One Works

1. 📍 Location = Hocking Hills Demand

  • Minutes to Hocking Hills State Park

  • Walkable downtown Logan

This market is:

👉 One of the top cabin/STR destinations in the Midwest

Consistent demand from:
✔ Weekend travelers
✔ Nature tourists
✔ Couples getaways

2. 🚫 Permitted STR = The Real Value

This is the key.

👉 Most buyers can’t get permits anymore

This one already has:
✔ Conditional Use Permit
✔ Certificate of Occupancy

👉 That makes this a scarcity asset

3. 🔑 Turnkey Setup

  • Fully furnished (can convey)

  • Already operating

  • Cleaner + local systems in place

👉 You’re stepping into a running business

4. 🧠 Efficient, High-Utilization Property

  • 2BR layout = high occupancy

  • Low maintenance

  • Easy to manage remotely

👉 This is a cash-flow-first asset, not a headache property

🚀 The Upside

This is a “tighten and optimize” deal:

  • Improve listing + photos

  • Refine pricing strategy

  • Slight design upgrades

👉 Push from ~$35K → $40K+ range

Not massive — but very efficient yield on a low price point

💸 Financing Angle

At this price point, this becomes extremely attractive.

We work with STR-specific lenders that can help you close:

👉 DSCR loans (qualify based on property income)
👉 Conventional + hybrid options
👉 Great for lower-cost, high-ROI deals like this

⚡ Bottom Line

This is a rare, permitted STR in Hocking Hills with:

✔ ~$35K proven income
✔ 17% gross ROI
✔ Fully renovated (low CapEx)
✔ Turnkey + furnished
✔ Legal STR status in a restricted market

This is the type of deal that:
👉 Is hard to replicate
👉 Easy to operate
👉 And quietly performs

📲 Interested?