596 Timberwalk Dr
Ellijay, GA 30540
$380,000
4 bd · 2 ba · 2,380 sqft · Listed 67d ago
View on Realtor.com →Year built
2004
Sqft
2,380
Lot sqft
55,321
HOA / mo
$38
Furnished
No
List date
2026-09-06T17:26:03.000000Z
Revenue
Annual revenue
$40,065
ADR
$251
Occupancy
44%
Cleaning fees (12 mo)
$7,278
Confidence
Low (31.36), 50 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $37,997
Rivershire Cottage | Ellyjay, GA
Cabin · 4 bd · 2.5 ba · sleeps 12 · 1.0 mi
Revenue $50,735ADR $618Occ ≈ 22%5★ (45)
Sleepy Bear Haven
Cabin · 4 bd · 3 ba · sleeps 12 · 1.1 mi
- Hot tub
- Pool
- A/C
- Free parking
- +6
Revenue $30,815ADR $239Occ ≈ 35%5★ (176)
Riverfront Cabin: Hot Tub, Sauna, Arcade & Views
Cabin · 4 bd · 2 ba · sleeps 10 · 1.1 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +6
Revenue $2,730ADR $285Occ ≈ 3%5★ (1)
Riverfront Cabin: Hot Tub, Sauna, Arcade & Views
Cabin · 4 bd · 2 ba · sleeps 10 · 1.2 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +6
Revenue $4,292ADR $406Occ ≈ 3%5★ (1)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Deer Run Retreat Stay Cabin
| 4 bd · 3 ba · sleeps 12 | $36,526 | $323 | 31% | 4.4★ (80) | 0.6 mi | AirbnbVrboBooking |
Windy Creek Cabin | Hot Tub & Game Room Cabin
| 4 bd · 3 ba · sleeps 10 | $14,856 | $299 | 14% | 5★ (2) | 0.9 mi | AirbnbVrbo |
3 King Beds | Hot Tub | Game Room | Creekside Cabin | 4 bd · 3 ba · sleeps 10 | $37,997 | $567 | 18% | 5★ (39) | 1.0 mi | AirbnbVrbo |
Rivershire Cottage | Ellyjay, GA Cabin | 4 bd · 2.5 ba · sleeps 12 | $50,735 | $618 | 22% | 5★ (45) | 1.0 mi | Airbnb |
Bronze Bow | Cozy Ellijay Cabin Cabin
| 4 bd · 3 ba · sleeps 10 | $24,896 | $309 | 22% | 5★ (5) | 1.0 mi | AirbnbVrbo |
Luxury Relax Creek Elijay Cabin, Kid Fun Pool Pet Cabin | 4 bd · 2 ba · sleeps 10 | $67,490 | $362 | 51% | 4.9★ (76) | 1.0 mi | AirbnbVrbo |
Sleepy Bear Haven Cabin
| 4 bd · 3 ba · sleeps 12 | $30,815 | $239 | 35% | 5★ (176) | 1.1 mi | Airbnb |
Riverfront Cabin: Hot Tub, Sauna, Arcade & Views Cabin
| 4 bd · 2 ba · sleeps 10 | $2,730 | $285 | 3% | 5★ (1) | 1.1 mi | Vrbo |
Riverfront Cabin: Hot Tub, Sauna, Arcade & Views Cabin
| 4 bd · 2 ba · sleeps 10 | $4,292 | $406 | 3% | 5★ (1) | 1.2 mi | Airbnb |
2800sqf Forest Retreat|8min to city|Firepit|Hottub Cabin
| 4 bd · 2 ba · sleeps 12 | $64,436 | $329 | 54% | 5★ (169) | 1.2 mi | AirbnbVrboBooking |
Show 15 more
Riverfront Retreat-Hot tub/Fire Pit/Game Room/Wate
Cabin · 4 bd · 3 ba · sleeps 10 · 1.3 mi
Revenue $36,699ADR $395Occ ≈ 25%4.8★ (28)
3 Kings, HotTub, Pool Table, Resort Pools
Cabin · 4 bd · 3 ba · sleeps 10 · 1.3 mi
Revenue $57,966ADR $265Occ ≈ 60%5★ (151)
Beautiful Bear Hugs Cabin 4BR/3 Bath, Pool table, FREE WIFI
Cabin · 4 bd · 3 ba · sleeps 12 · 1.7 mi
- Pool
- A/C
- Free parking
- Wifi
- +3
Revenue $16,109ADR $271Occ ≈ 16%4.8★ (191)
Private Pool, Hot Tub, Fire Pit, Dogs w/Fee
Cabin · 4 bd · 2 ba · sleeps 10 · 1.7 mi
Revenue $53,975ADR $275Occ ≈ 54%5★ (69)
5 STAR | HotTub | GameRm | Firepit | ResortAccess
Cabin · 4 bd · 3 ba · sleeps 10 · 1.7 mi
Revenue $40,315ADR $314Occ ≈ 35%5★ (129)
Delisted
NEW! ''Deer Woods Lodge'' - Hot Tub & Fire Pit!
Cabin · 4 bd · 3 ba · sleeps 10 · 2.0 mi
Revenue $49,605ADR $328Occ ≈ 41%4.8★ (73)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Riverfront Retreat-Hot tub/Fire Pit/Game Room/Wate Cabin | 4 bd · 3 ba · sleeps 10 | $36,699 | $395 | 25% | 4.8★ (28) | 1.3 mi | Airbnb |
Riverside cabin/ Hot Tub/ Gameroom Cabin
| 4 bd · 3 ba · sleeps 11 | $53,445 | $341 | 43% | 4.9★ (89) | 1.3 mi | AirbnbVrbo |
3 Kings, HotTub, Pool Table, Resort Pools Cabin | 4 bd · 3 ba · sleeps 10 | $57,966 | $265 | 60% | 5★ (151) | 1.3 mi | Airbnb |
Luxury Cabin | Hot Tub | Pool | Game Room House
| 4 bd · 3 ba · sleeps 10 | $49,355 | $442 | 31% | 5★ (13) | 1.3 mi | AirbnbVrbo |
Mountain River Lodge | River View Cabin in Ellijay Cabin
| 4 bd · 3 ba · sleeps 10 | $69,749 | $413 | 46% | 4.9★ (60) | 1.5 mi | AirbnbVrbo |
It`s 5 O`clock Somewhere Cabin | 4 bd · 3 ba · sleeps 10 | $32,498 | $217 | 41% | 4.5★ (42) | 1.5 mi | AirbnbBooking |
Special! Private 7 acres pet friendly- Flat roads! Cabin
| 4 bd · 3 ba · sleeps 10 | $60,353 | $238 | 69% | 4.8★ (196) | 1.5 mi | AirbnbVrbo |
Buck Valley Lodge Home for 12 Cabin
| 4 bd · 3 ba · sleeps 12 | $15,284 | $295 | 14% | 4.9★ (111) | 1.6 mi | AirbnbVrboBooking |
River Resort Retreat | Hot Tub & Game Room | Pets Cabin
| 4 bd · 3 ba · sleeps 10 | $4,065 | $305 | 4% | 5★ (2) | 1.7 mi | AirbnbVrboBooking |
Beautiful Bear Hugs Cabin 4BR/3 Bath, Pool table, FREE WIFI Cabin
| 4 bd · 3 ba · sleeps 12 | $16,109 | $271 | 16% | 4.8★ (191) | 1.7 mi | Vrbo |
Private Pool, Hot Tub, Fire Pit, Dogs w/Fee Cabin | 4 bd · 2 ba · sleeps 10 | $53,975 | $275 | 54% | 5★ (69) | 1.7 mi | Airbnb |
5 STAR | HotTub | GameRm | Firepit | ResortAccess Cabin | 4 bd · 3 ba · sleeps 10 | $40,315 | $314 | 35% | 5★ (129) | 1.7 mi | Delisted |
The Landings Riverside-Beautiful Riverfront Cabin Cabin
| 4 bd · 2 ba · sleeps 9 | $87,281 | $434 | 55% | 5★ (73) | 1.9 mi | AirbnbVrbo |
Stylish cabin-resort pool, mini golf, river access Cabin
| 4 bd · 2 ba · sleeps 10 | $24,857 | $230 | 30% | 4.9★ (55) | 2.0 mi | AirbnbVrbo |
NEW! ''Deer Woods Lodge'' - Hot Tub & Fire Pit! Cabin | 4 bd · 3 ba · sleeps 10 | $49,605 | $328 | 41% | 4.8★ (73) | 2.0 mi | Booking |
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
Rate 7.93% = 7.18% Freddie Mac 30-yr avg (Nov 5) + 0.75% investor premium
Est. revenue
$40,065
NOI
$17,806
Cash flow /mo
-$594
Cash needed
$133,200
Cash-on-cash
-5.3%
ROE (yr 1)
5.0%
Cap rate
4.7%
DSCR
0.71
Year-1 write-off
$88,402
Year-1 tax shield @ 32%
$28,289
Year-1 return on equity
- Cash flow (annual)-$7,122
- Principal paydown$2,414
- Appreciation at%$11,400
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)$8,013
- Platform fees (3% of revenue)$1,202
- Maintenance / capex (5% of revenue)$2,003
- Utilities & supplies$4,200
- HOA$456
- Property tax$2,281
- Insurance (STR-rated)$4,104
Cash needed to close
- Down payment (25%)$95,000
- Closing costs (4.0%)$15,200
- Furnishing (bought new)$23,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$28,289
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
$369,000
Short-life (5/15-yr)
$64,000 · 17%
Year-1 deduction
$88,000
Year-1 tax shield @ 32%
$28,000
Land 3% (county tax record, market value split) · building $304,000 over 39 years · new furniture $23,000
Based on: 2,380 sq ft, built 2004, 4 bd / 2 ba, unfurnished, listing features (deck, fireplace, flooring types, appliance list, septic).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $55,000 in year 1 (8% short-life, $18,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $6,200
Kitchen cabinetsdefault
$11,000 new × 40% good × 1.40 allocation
- $5,000
Kitchen countertopsdefault
$9,000 new × 40% good × 1.40 allocation
- $2,300
Decorative trimdefault
$4,200 new × 40% good × 1.40 allocation
- $200
Mirrorsdefault
$300 new × 40% good × 1.40 allocation
- $800
Shelvingdefault
$1,500 new × 40% good × 1.40 allocation
- $3,400
Window coverings (24)default
$6,000 new × 40% good × 1.40 allocation
- $6,700
Kitchen & laundry equipment plumbingdefault
$8,600 new × 56% good × 1.40 allocation
- $4,100
Kitchen, laundry & data equipment electricaldefault
$5,200 new × 56% good × 1.40 allocation
- $1,600
Appliances (range, dishwasher)listing
$2,800 new × 40% good × 1.40 allocation
- $23,000
Furniture bought newlisting
$23,000 new × 100% good · bought separately
- $7,100
Paving: driveway & walks (paved)default
$10,100 new × 50% good × 1.40 allocation
- $6,800
Landscaping (typical)default
$9,700 new × 50% good × 1.40 allocation
- $1,600
Patiosdefault
$2,300 new × 50% good × 1.40 allocation
- $18,700
Decks & porches (attached)listing
$26,800 new × 50% good × 1.40 allocation
- $228,600
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$258,300 new × 63% good × 1.40 allocation
- $21,000
Building plumbing & fixturesdefault
$26,800 new × 56% good × 1.40 allocation
- $21,500
Building electrical & lightingdefault
$27,400 new × 56% good × 1.40 allocation
- $15,000
HVACdefault
$26,800 new × 40% good × 1.40 allocation
- $8,600
Hardwood & tile floorsdefault
$15,300 new × 40% good × 1.40 allocation
- $1,500
Fireplacelisting
$2,600 new × 40% good × 1.40 allocation
- $8,400
Septic systemlisting
$12,000 new × 50% good × 1.40 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $53,200 | $34,200 | $1,000 | $88,400 |
| 2 | $0 | $0 | $7,800 | $7,800 |
| 3 | $0 | $0 | $7,800 | $7,800 |
| 4 | $0 | $0 | $7,800 | $7,800 |
| 5 | $0 | $0 | $7,800 | $7,800 |
| 6+ | $0 | $0 | $272,200 | $272,200 |
| Total | $53,200 | $34,200 | $304,400 | $391,800 |
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
Fannin and Gilmer counties require STR registration and lodging tax; no cap found. Blue Ridge and Ellijay city limits have their own rules; most cabins are in unincorporated county.