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All Forum Posts by: Jody Jubach

Jody Jubach has started 14 posts and replied 31 times.

Post: Selling Home for STR - Is There a Ratio of Projected Income to Sales Price?

Jody Jubach
Posted
  • Real Estate Agent
  • Lancaster, OH
  • Posts 31
  • Votes 34
Quote from @James Carlson:

Two thoughts:

-- To your direct question ... I tell my Colorado STR clients they want to see annual STR revenues that are at least 10% of the purchase price. And that's a starting point.

-- You're really asking about pricing a home ... and like John said, it's all about the comps. 

I see Colorado sellers try to get a premium for a turnkey vacation rental. It just doesn't really work. Shocking, I know, but people don't want to pay more than the sales comps say a property is worth.

Good luck with the sale.


I agree with James on this regarding the minimum being around 10% in my Ohio STR market (Hocking Hills). At this point we've had years of comparable sales in the area inflated with the "business value" baked in since many of the homes are used for this purpose once you get outside the city limits.

Post: Affordable Hocking Hills STR opportunity

Jody Jubach
Posted
  • Real Estate Agent
  • Lancaster, OH
  • Posts 31
  • Votes 34

Get into the growing Hocking Hills OH market at an affordable price! 5 million visitors per year enjoy the amazing hiking with beautiful rock formations and waterfalls, winery/brewery scene, canoeing, campfires and hot tubs! 45 minutes outside of Columbus and a few hours from Cleveland and Cincinnati for the perfect getaway location ALL seasons!

Completely renovated on 7 acres with direct Hocking River access. Not currently a STR so no income data, but in my opinion and experience it should do around $50,000 gross per year. Seller will look at all reasonable offers!! Link to more info

Listed with Jody Jubach, Key Realty 614-746-0915

Post: Hocking Hills gem

Jody Jubach
Posted
  • Real Estate Agent
  • Lancaster, OH
  • Posts 31
  • Votes 34

Hocking Hills OH - 5 million visitors per year! Totally remodeled 3-bedroom, 2.5-bath home that would make an ideal short-term rental opportunity! The kitchen features sleek stone countertops, a custom island, tile backsplash & new appliances. The primary suite is conveniently located on the entry level with a large en suite bathroom, with double sinks & a stunning tile shower. Rest easy knowing that the big-ticket items in this home are brand new, including electrical, plumbing, HVAC, & siding. Set on 7.34 acres, this property offers unique direct access to the tranquil Hocking River, borders Wayne National Forest, is just 12 minutes from downtown Logan & a short drive to Athens and Ohio University. Priced very affordably for the area at $335,000. Not currently a STR so no rental data but in a great tourism area, will need furnished.
Listed with Jody Jubach, Key Realty  614-746-0915



18160 Haydenville Rd, Nelsonville, OH 45764 | realtor.com®

Post: Hocking Hills STR - newly finished walk-out basement 5 bedrooms 3 baths

Jody Jubach
Posted
  • Real Estate Agent
  • Lancaster, OH
  • Posts 31
  • Votes 34

Beautiful ranch home in a convenient Hocking Hills location! Secluded lot atop a hill gives you the most gorgeous view of the of the almost 7 acres & beyond. The main floor features a cozy living room, eat-in kitchen with Corian countertops & Hickory flooring, nice-sized laundry room, 3 bedrooms & 2 full baths. The basement has just been completed finished this summer with a game room, tv area, 2 additional bedrooms & full bath. The new patio and hot tub are just outside the walk-out basement door. Whole house generator for peace of mind. Some handicap accessible features including ramp, wide doorways & elevated outlets. Exceptionally clean and well maintained! Currently operating as a successful short-term rental and can sell turn-key with its tasteful décor and quality furnishings! 

Just started renting as a short-term in July - gross income through 10/31 $19,186. Rabbu estimate $108,770. 

12371 E. Buck Run Rd., Rockbridge OH $685,000

Listed with Jody Jubach, Key Realty

614-746-0915

[email protected]

Post: Large Hocking Hills OH STR for sale

Jody Jubach
Posted
  • Real Estate Agent
  • Lancaster, OH
  • Posts 31
  • Votes 34

Welcome to this beautiful home nestled in the picturesque Hocking Hills area of Ohio! This property is over 3400 sq ft with 4 nice sized bedrooms & 4.5 bathrooms. At one time the living area to the right of the kitchen was a 5th bedroom with a full bath so could be easily walled off again. Garage is unfinished on the basement level so great opportunity for a value add. Outside you'll enjoy the private 3 acre lot, multiple deck spaces, recently redone blacktop driveway & cement siding for easy maintenance. Across the street from the famous Jack Pine Glass Studio so great location! Has been a STR but did not reach full potential, recently under new management with much better future outlook ($6200 in October). Seller would prefer to not close until 1/1/25 if you're looking to start the year off right!

Jody Jubach

Key Realty

614-746-0915

[email protected]

https://www.zillow.com/homedetails/21382-State-Route-180-Lau...

Follow this link to see the page:

https://www.flexmls.com/link.html?1tx0552oquxu,17,1

Post: Hocking Hills OH Container Home

Jody Jubach
Posted
  • Real Estate Agent
  • Lancaster, OH
  • Posts 31
  • Votes 34

Beautiful and successful STR in the Hocking Hills of Ohio known for its gorgeous rock formations and waterfalls and hosts 5 million visitors per year! This newly built container home has been professionally designed and is the perfect couples cabin with seamless indoor/outdoor living. Income numbers are on par with 3 bedroom rentals in the area and solid future bookings for investment security. Happy to share reports with pre-approved buyers and local lender recommendations.

Jody Jubach, Realtor ®️

Key Realty

📞614.746.0915 I 🌐jodyjubach.ikeyrealty.com

📧[email protected]

https://www.realtor.com/realestateandhomes-detail/16918-Stat...

Post: Turn-key high performing STR in Hocking Hills OH for sale

Jody Jubach
Posted
  • Real Estate Agent
  • Lancaster, OH
  • Posts 31
  • Votes 34

This professionally designed & decorated shipping container home is the perfect place for you or your guests to enjoy everything Hocking Hills has to offer! The kitchen has the prettiest cabinetry & a large picture window to enjoy the views. The cozy living room features a gas fireplace & a 9' garage door can be opened to the patio to create amazing indoor/outdoor living. Beautiful finishes in the bathroom with a tile shower & pebble stone flooring. The private outdoor area features a hot tub, firepit, swing chairs & comfortable outdoor patio seating. The home sits on 2.44 acres in a prime area close to the best attractions, shopping & dining. Impressive rental income numbers make this an amazing investment opportunity! 

https://www.zillow.com/homedetails/16918-State-Route-664-S-L...


Sellers prefer a pre-approval before releasing income information but potential for 30% cash on cash. Please reach out to me directly.

Jody Jubach, Key Realty

614-746-0915

[email protected]

Post: Successful Hocking Hills STR opportunity

Jody Jubach
Posted
  • Real Estate Agent
  • Lancaster, OH
  • Posts 31
  • Votes 34

6 bed 3.5 bath, sleeps 14. Brand new deck, and in last 3 years new roof, hot water tank, furnace. Unfinished basement area would make a great theater room and 5th bath needing remodel, plus a 4 car garage for value add opportunities. Income the last 2 years in the low 6 figures (need pre-approval for detailed booking and expense info). Reach out for more info 614-746-0915. Listed with Key Realty



3580 Savage Hill Rd SE, Lancaster, OH 43130 | realtor.com®

Cincinnati Enquirer:

Hocking Hills State Park keeps racking up the honors. The park has the Best Hiking Trail in the nation, as decided by readers in USA TODAY'S 10Best ranking. Hocking Hills State Park, located near Logan in Southeast Ohio, was named one of the top destinations worldwide in Forbes' Best Places to Travel in 2023 list. It topped U.S. News & World Report's Best Places to Visit in Ohio the same year.

Post: STR deal in New Plymouth Ohio (near Hocking Hills)

Jody Jubach
Posted
  • Real Estate Agent
  • Lancaster, OH
  • Posts 31
  • Votes 34

Yes for now our area seems to be pretty lax when it comes to regulations and hope it continues, as I've been here 15+ years and seen all the growth and exciting changes to the area because of the investments! 

Post: Any Lancaster investors or agents?

Jody Jubach
Posted
  • Real Estate Agent
  • Lancaster, OH
  • Posts 31
  • Votes 34

If you're still looking to connect I live and work as an agent in Lancaster!