337 Bald Eagle Trl · Logan, OH 43138

$45,000

1 bd · 1.0 ba · 462 sqft · Other · 3 Days on market

Built 2002 6,098 sqft lot $100/mo HOA · 8% of rent

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Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +4.7/10.0
• Livability +3.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to your own slice of paradise in Lost Hollow Campground! Nestled in the heart of Hocking Hills, this seasonal getaway is just minutes from all that Logan has to offer, including Hocking Hills State Park, Lake Logan, Old Man's Cave, and numerous hiking trails, wineries, and local attractions. Perfectly positioned on a quiet cul-de-sac at the top of Lost Hollow, this spacious lot is one of the larger sites within the campground. The property features a 2001 38.5' x 12' camper along with an impressive 54' x 26' covered wraparound deck, creating the perfect setting for entertaining family and friends all season long. With ample outdoor space for gatherings, cookouts, and relaxing around the fire, this turn-key retreat is ready for immediate enjoyment. Lost Hollow offers an abundance of resort-style amenities, including two swimming pools, shower houses, laundry facilities, a restaurant, chapel, playgrounds, mini golf, basketball courts, and tennis courts. Electric, water, and sewer hookups are already in place, making ownership simple and convenient. Whether you're looking for a weekend escape or a seasonal home away from home, this property provides the perfect opportunity to enjoy the beauty and recreation of Hocking Hills. Please note: Lost Hollow is a private, seasonal-use community, and rentals are not permitted.

Key facts

• Ample outdoor space
• Laundry facilities
• Restaurant

Tags

• COVERED WRAPAROUND DECK
• AMPLE OUTDOOR SPACE
• RESORT-STYLE AMENITIES
• SWIMMING POOLS
• LAUNDRY FACILITIES
• RESTAURANT

Property features AI

Finance

• HOA & community: Homeowners association with monthly fee of $100; HOA includes water; Community amenities: pool, clubhouse, tennis courts, basketball court, gated access, outdoor sports area, park

Exterior

• Parking: Assigned parking
• Utilities: Public water; Public sewer
• Home design: Single family residence; One story; Built in 2001; No shared/common walls
• Construction: Other foundation
• Exterior features: Deck; Shed(s)

Interior

• Bedrooms: One main-level bedroom
• Flooring: Carpet flooring
• Bathrooms: One full bathroom
• Heating & cooling: Propane heating; Wall unit cooling
• Interior features: Storm windows; Living area approximately 432

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath other listed at $45k.

Deal economics

• At list price, monthly cash flow is $563 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $45k).
• Cap rate 21.3% vs local median 2.4% in Logan — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 78/100 on livability (#162 in OH, #2,412 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, cost of living A+, housing A+; Watch: commute F, employment F.
• Logan-Hocking Local (rural): math 55% / reading 58% proficiency, ranked #354 of 656 in OH (top 54%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 163 active listings in the ZIP; 11 units permitted in Hocking County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $311 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
• Hocking County population projected at -22% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $13k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Recommended offer $45,000

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 2.63% ✓
• Cap rate: 21.32%
• Cash-on-cash: 53.66%
• DSCR: 3.39
• GRM: 3.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 51.8%
• Equity multiple: 3.27×
• Total profit: $28,646
• Equity at exit: $6,710

10-year hold

• IRR: 57.2%
• Equity multiple: 6.66×
• Total profit: $71,375
• Equity at exit: $3,891

Cash invested: $12,600 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 73 Landlord-Friendly
• State Ohio: 73 Landlord-Friendly · R+6
• County: — inherits STATE
• City: — inherits STATE

3-day notice; Cleveland / Columbus have some habitability code enforcement; otherwise landlord-leaning.

Methodology + full state rankings →

ZIP-level market 43138

• Home prices YoY: -29.9%
• Active inventory: 163
• Price-to-rent: 3.2×

Monthly cashflow live

• Estimated rent: $1,185 medium
• Mortgage (P&I): −$236
• Tax from tax record: −$18 /mo · $212/yr
• Insurance: −$19
• HOA: −$100
• Vacancy / Maint / Mgmt: −$249
• Net cashflow: $563

Break-even live

Break-even rent $471

Max offer price $45,000

Occupancy floor 47%

Sensitivity live

Price	-10% $589	-5% $576	+0% $563	+5% $551	+10% $538
Rent	-10% $470	-5% $517	+0% $563	+5% $610	+10% $657
Rate	-1.0pp $586	-0.5pp $575	base $563	+0.5pp $552	+1.0pp $540

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $11,250
• Closing costs: $1,350
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $100 · $1,200/yr
• Likely covers: watersewerelectriclandscapingpool

Listing history 4 events

1. 2026-06-18
   days on market $45,000 Active 3 DOM
2. 2026-06-17
   days on market $45,000 Active 2 DOM
3. 2026-06-16
   remarks 699-char remark
4. 2026-06-16
   listed $45,000 Active 1 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast OH · Partial reset (capped growth)

• Current annual tax: $212 · $18/mo
• Projected year-2 tax: $457 · $38/mo
• Expected delta: +$245/yr (+$20/mo · 115.3%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥99°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,215
• − Mortgage interest: −$2,521
• − Property taxes: −$212
• − Insurance: −$225
• − Repairs & maintenance: −$1,137
• − Management: −$1,137
• − HOA: −$1,200
• − Depreciation: −$1,309
• Taxable income: $6,473
• Est. tax owed @ 24.0%: −$1,554
• After-tax cash flow: $5,207/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Logan-Hocking Local
• NCES district ID: 3904424
• Math proficiency: 55% ▼ -16.00%
• Reading proficiency: 58% ▼ -11.00%
• Median HH income: $42,737
• Composite: 47.48/100
• National rank: #2276
• State rank: #354 of 656 in OH

Livability — Logan

• Score: 78/100
• State rank: #162
• US rank: #2412

Category grades

Amenities A+ Commute F Cost of living A+ Crime B- Employment F Housing A+ Health & safety A+ User ratings C-

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Hocking · 26,658 people
• Metro: Columbus, OH
• Population (ZIP): 19,147
• Household income: $65,028
• Rent vs Own: 24.5% rent · 75.5% own
• Severe rent burden: 13.8

Population outlook (Hocking County) Hauer SSP2

• Today (2025): 26,807 people
• By 2030: 25,723 · -4.0%
• By 2040: 23,370 · -12.8%
• By 2050: 20,947 · -21.9%
• By 2075: 15,624 · -41.7%
• By 2100: 11,134 · -58.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (93%)
• Race & ethnicity: White 93% Two or more races 3% Hispanic / Latino 1%
• Common ancestry: Slovak 2% Iranian 2% Italian 1%
• Foreign-born: 1%
• Languages at home: 99% English-only · Spanish 1%

Political lean MEDSL · Hocking

• 2024 margin: Solid R (+44.3) · D 27.5% · R 71.8%
• 2008→2024 swing: -43.5pp toward R · 2008: -0.8pp · 2024: -44.3pp
• All cycles: 2024: R+44.3 2020: R+42.4 2016: R+36.5 2012: R+1.1 2008: R+0.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -108.44%
• Current HPI: 253.6737
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 1.98%
• F500 in state: 48

Industry mix (Fortune 500 HQ in OH)

Industry	F500 HQs	Revenue
▸Insurance	3	$145B
▸Industrial Machinery	3	$49B
▸Financial Services	3	$24B
▸Consumer Goods	2	$93B
▸Aerospace / Defense	2	$47B
▸Utilities	2	$33B

Price history

+0.0% since first listed

2 events — show timeline

• 2026-06-15 Listed $45,000 CBRMLS
• 2026-06-15 Listed $45,000 CBRMLS

Property tax history

-1.2%/yr

Latest (2025): $212 · +4.6% YoY. Source: county tax records.