← Back to the blog

What $425K Gets You in Ohio, Montana vs. Mississippi

September 10, 2026 · Landian Weekly Deals

Four homes at the same $425K budget: a Hocking Hills designer cabin, a downtown Red Lodge house, a Bay St. Louis raised cottage, and a Haines Falls six-bedroom compound

This week's budget is $425,000, and the four answers could not be less alike. In Ohio's Hocking Hills — the couples-getaway capital of the Midwest — it buys a brand-new designer cabin with a see-through fireplace and a hot tub in the trees, furnished and permitted to rent from day one. In Montana, it's a remodeled 1907 miner's house in downtown Red Lodge, steps from the shops and ten minutes from the ski hill, at the foot of the Beartooth Highway into Yellowstone. On the Mississippi Gulf Coast, it's a 2023-built furnished cottage a golf-cart ride from the beach in Bay St. Louis, an hour from New Orleans. And the fourth — a six-bedroom compound one mile from New York State's tallest waterfall — is both the cheapest deal in the issue and the one that out-earns them all on paper.

Each listing was verified active as of this issue, each is on Landian so you can tour or offer with a $4,999 flat fee instead of a commission, and every number below is an estimate — the disclaimer at the bottom applies to all of it.

Deal 1 · Hocking Hills, Ohio

A brand-new designer cabin built to rent from day one

5645 Township Rd 250, Logan, OH 43138 — listing photo

Price

$449,900

Home

1 bd · 1 ba · 650 sqft

Est. revenue*

$52,925/yr ($250/night · 58% occ.)

Gross yield*

11.8%

A brand-new designer couples cabin in the Hocking Hills — modern-rustic stone exterior, a see-through fireplace, stone-wall shower, granite counters, and a secluded back porch with a hot tub, porch swing, and steps down to a firepit, all on 1.5 wooded acres east of Logan. It sells fully furnished with a whole-home generator, and the listing says it straight: ready to start renting under its new owner, on a road where other rentals 'do very well each year.' Hocking Hills is the couples-getaway capital of the Midwest — AirDNA scores the Logan market 94/100, with a $388 average nightly rate at 51% occupancy across 1,491 listings, and rural Hocking County townships have no STR-specific zoning restrictions. Small luxury cabins book below that big-cabin-skewed ADR, so we've modeled $250 a night at 58% — about $53,000 a year from 650 square feet.

Buying it through Landian costs a $4,999 flat fee instead of a ~2.5% commission — about $6,248 back on this one.

See the full listing & tour it →

Deal 2 · Red Lodge, Montana

A 1907 miner-era house at the gate of the Beartooth Highway

820 N Bonner Ave, Red Lodge, MT 59068 — listing photo

Price

$450,000

Home

3 bd · 2 ba · 1,228 sqft

Est. revenue*

$41,136/yr ($245/night · 46% occ.)

Gross yield*

9.1%

A 1907 miner-era house in downtown Red Lodge, the ski-and-rodeo town at the foot of the Beartooth Highway — the 'most beautiful drive in America' and the southeast gateway into Yellowstone. Trails, dining, and shops are steps away; Red Lodge Mountain's 2,400 vertical feet is ten minutes up the road. Thoroughly remodeled (siding, windows, wiring, furnace, kitchen), with a bright kitchen, an inviting front porch, a fully fenced backyard, an irrigation well, and an oversized two-car garage for the ski-and-bike quiver. Red Lodge allows short-term rentals in every zoning district with a simple city registration plus the state accommodation license. AirDNA has the market at a $294 average nightly rate and 45% occupancy; we've modeled this walk-everywhere 3-bed at $245 and 46% — about $41,000 a year with two peak seasons: Beartooth summer and ski winter.

Buying it through Landian costs a $4,999 flat fee instead of a ~2.5% commission — about $6,251 back on this one.

See the full listing & tour it →

Deal 3 · Bay St. Louis, Mississippi

A 2023-built turnkey cottage a golf-cart ride from the beach

231 Leonhard Ave, Bay St. Louis, MS 39520 — listing photo

Price

$450,000

Home

3 bd · 2 ba · 1,144 sqft

Est. revenue*

$40,150/yr ($250/night · 44% occ.)

Gross yield*

8.9%

A 2023-built raised cottage seconds from North Beach Boulevard in Bay St. Louis — the artsy Mississippi Gulf Coast beach town an hour from New Orleans that keeps landing on 'coolest small town' lists. It sells completely furnished and turnkey: Hardi-board exterior, front and side porches, Bahama shutters, quartz kitchen, marble baths, a cargo lift, parking for four vehicles plus a golf cart underneath — the local transport of choice for the seawall, Old Town, and the municipal harbor. The listing itself flags it as a potential income producer. Bay St. Louis licenses short-term rentals with a $100 annual registration and no cap. AirDNA shows a $279 average nightly rate at 41% occupancy across 685 listings; a new-construction 3-bed a golf-cart ride from the beach should hold the middle of that market, so we've modeled $250 a night at 44% — about $40,000 a year, brand-new and already furnished.

Buying it through Landian costs a $4,999 flat fee instead of a ~2.5% commission — about $6,251 back on this one.

See the full listing & tour it →

Deal 4 · Haines Falls, New York

The six-bedroom waterfall compound (this week's surprise)

92 Osborne Rd, Haines Falls, NY 12436 — listing photo

Price

$389,000

Home

6 bd · 3 ba · 2,112 sqft

Est. revenue*

$54,750/yr ($375/night · 40% occ.)

Gross yield*

14.1%

Six bedrooms and three baths one mile from Kaaterskill Falls — New York State's tallest waterfall — and two miles from North-South Lake, the Catskills' busiest state campground and swimming lake. The 1935 main house has been extensively updated (electrical, windows, flooring, kitchen, bath) and connects to a newer addition with its own kitchen, laundry, and fireplace living room, so it hosts one big group or two families at once. Hunter Mountain's lifts are 15 minutes up the road for the winter calendar. The Town of Hunter runs a straightforward STR permit law — registration and inspection, not a ban. AirDNA puts the Hunter market at a $488 average nightly rate and 36% occupancy; a sleeps-a-crowd compound near the falls books steadier than the market's small-cabin average, so we've modeled $375 a night at 40% — about $55,000 a year on the cheapest deal in this issue.

Buying it through Landian costs a $4,999 flat fee instead of a ~2.5% commission — about $4,726 back on this one.

See the full listing & tour it →

Four answers to one budget: the Hocking Hills cabin is the turnkey cash-flow play in one of AirDNA's highest-scored markets in the country, Red Lodge gives you a real Montana town with two peak seasons and Yellowstone out the scenic route, Bay St. Louis is the newest house of the four and the easiest to run from a distance, and the Haines Falls sleeper does it the group-trip way — six bedrooms, two kitchens, and Kaaterskill Falls a mile up the road. Whichever answer fits, buying it through Landian costs a $4,999 flat fee instead of a ~2.5% commission — $4,726 to $6,251 back on these four.

Seen a listing you want us to run the numbers on? Get the Weekly Deals email below and reply to any issue — we'll put it in next week's.

Want next week's four deals in your inbox?

Get the Weekly Deals email

*Every revenue, occupancy, and yield figure on this page is an estimate based on market-level short-term-rental data and our own assumptions — not a promise of performance. Listings verified active as of publication and can go under contract at any time. Landian is a licensed real-estate brokerage; this is not investment advice.