703 Scenic Mountain View Rd

Blue Ridge, GA 30513

$499,000

4 bd · 3 ba · 3,230 sqft · Listed 6d ago

View on Realtor.com →

Year built

2001

Sqft

3,230

Lot sqft

87,120

HOA / mo

None

Furnished

List date

2026-11-06T16:51:33.000000Z

Revenue

Annual revenue

$30,251

ADR

$204

Occupancy

41%

Cleaning fees (12 mo)

$5,739

Confidence

Med (52.36), 14 comps

Comp revenue range (p25 / median / p75)

$17,804$26,563$35,928

Few similar-size comps were found, so all comps are shown.

Median revenue of shown comps: $26,563

Heavenly Mountain VIew, Hot Tub, Fire Pit
Cabin · 5 bd · 3 ba · sleeps 10 · 0.1 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +3
Revenue $26,151ADR $341Occ ≈ 21%5★ (12)
Airbnb Vrbo Booking
Secluded sanctuary on wooded acreage with private hot tub, 3 decks, balcony & AC
House · 3 bd · 3 ba · sleeps 8 · 0.1 mi
Revenue $16,732ADR $191Occ ≈ 24%4.3★ (15)
Delisted
Thompson Lodge Stays
House · 3 bd · 3 ba · sleeps 8 · 0.2 mi
- Hot tub
- A/C
- Wifi
- Kitchen
- +2
Revenue $13,896ADR $223Occ ≈ 17%4.5★ (28)
Airbnb Vrbo Booking
Blue Ridge Home, Sleeps 8, hot tub, & pet friendly
Cabin · 3 bd · 3 ba · sleeps 8 · 0.2 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +5
Revenue $23,300ADR $281Occ ≈ 23%5★ (11)
Airbnb Vrbo
Pointer's Peak | Views, Hot Tub, Games, Dogs OK
Cabin · 4 bd · 3 ba · sleeps 10 · 0.3 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +5
Revenue $64,949ADR $401Occ ≈ 44%5★ (96)
Airbnb Vrbo
Large cabin, Hot tub,3 levels, outdoor kitchen
Cabin · 4 bd · 3 ba · sleeps 8 · 0.3 mi
Revenue $20,946ADR $277Occ ≈ 21%4.8★ (66)
Airbnb
Private, Elevated Experience In The Mountains
Cabin · 3 bd · 3 ba · sleeps 7 · 0.3 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +6
Revenue $36,381ADR $428Occ ≈ 23%5★ (2)
Airbnb Vrbo Booking
Mountain Lake Delight- Pet Friendly | Hot Tub
Cabin · 3 bd · 3 ba · sleeps 6 · 0.6 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +4
Revenue $30,806ADR $228Occ ≈ 37%4.8★ (34)
Airbnb Vrbo Booking
Near Toccoa River| Game room |Fire pit | Hot Tub
Cabin · 3 bd · 3 ba · sleeps 6 · 0.6 mi
Revenue $14,375ADR $174Occ ≈ 23%2★ (1)
Booking
Amazing Views, Fish Toccoa River, Hike Benton Mackaey Trail, Just breathe!
Cabin · 3 bd · 2 ba · sleeps 7 · 0.6 mi
Revenue $36,455ADR $188Occ ≈ 53%4.9★ (53)
Delisted

Listing	Size	Revenue (12 mo)	ADR	Occ ≈	Rating	Distance	Links
Heavenly Mountain VIew, Hot Tub, Fire Pit Cabin Hot tub A/C Free parking Pets OK +3	5 bd · 3 ba · sleeps 10	$26,151	$341	21%	5★ (12)	0.1 mi	Airbnb Vrbo Booking
Secluded sanctuary on wooded acreage with private hot tub, 3 decks, balcony & AC House	3 bd · 3 ba · sleeps 8	$16,732	$191	24%	4.3★ (15)	0.1 mi	Delisted
Thompson Lodge Stays House Hot tub A/C Wifi Kitchen +2	3 bd · 3 ba · sleeps 8	$13,896	$223	17%	4.5★ (28)	0.2 mi	Airbnb Vrbo Booking
Blue Ridge Home, Sleeps 8, hot tub, & pet friendly Cabin Hot tub A/C Free parking Pets OK +5	3 bd · 3 ba · sleeps 8	$23,300	$281	23%	5★ (11)	0.2 mi	Airbnb Vrbo
Pointer's Peak \| Views, Hot Tub, Games, Dogs OK Cabin Hot tub A/C Free parking Pets OK +5	4 bd · 3 ba · sleeps 10	$64,949	$401	44%	5★ (96)	0.3 mi	Airbnb Vrbo
Large cabin, Hot tub,3 levels, outdoor kitchen Cabin	4 bd · 3 ba · sleeps 8	$20,946	$277	21%	4.8★ (66)	0.3 mi	Airbnb
Private, Elevated Experience In The Mountains Cabin Hot tub A/C Free parking Pets OK +6	3 bd · 3 ba · sleeps 7	$36,381	$428	23%	5★ (2)	0.3 mi	Airbnb Vrbo Booking
Mountain Lake Delight- Pet Friendly \| Hot Tub Cabin Hot tub A/C Free parking Pets OK +4	3 bd · 3 ba · sleeps 6	$30,806	$228	37%	4.8★ (34)	0.6 mi	Airbnb Vrbo Booking
Near Toccoa River\| Game room \|Fire pit \| Hot Tub Cabin	3 bd · 3 ba · sleeps 6	$14,375	$174	23%	2★ (1)	0.6 mi	Booking
Amazing Views, Fish Toccoa River, Hike Benton Mackaey Trail, Just breathe! Cabin	3 bd · 2 ba · sleeps 7	$36,455	$188	53%	4.9★ (53)	0.6 mi	Delisted

Show 4 more

Bougie Bear-pet friendly, hot tub, fire pit
Cabin · 3 bd · 3 ba · sleeps 6 · 0.6 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +5
Revenue $42,246ADR $186Occ ≈ 62%4.8★ (33)
Airbnb Vrbo Booking
Seven Feathers A Modern Barn Retreat
Barn · 3 bd · 2.5 ba · sleeps 8 · 0.7 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +5
Revenue $16,757ADR $222Occ ≈ 21%4.8★ (20)
Airbnb Vrbo
Blue Ridge Adventure-Aska-Waterfront-WIFI
House · 3 bd · 2 ba · sleeps 6 · 0.7 mi
Revenue $26,974ADR $222Occ ≈ 33%5★ (21)
Airbnb
Serene Lakefront Retreat w/ Private Hot Tub
House · 3 bd · 2 ba · sleeps 6 · 0.7 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +3
Revenue $34,569ADR $275Occ ≈ 34%5★ (27)
Airbnb Vrbo

Listing	Size	Revenue (12 mo)	ADR	Occ ≈	Rating	Distance	Links
Bougie Bear-pet friendly, hot tub, fire pit Cabin Hot tub A/C Free parking Pets OK +5	3 bd · 3 ba · sleeps 6	$42,246	$186	62%	4.8★ (33)	0.6 mi	Airbnb Vrbo Booking
Seven Feathers A Modern Barn Retreat Barn Hot tub A/C Free parking Pets OK +5	3 bd · 2.5 ba · sleeps 8	$16,757	$222	21%	4.8★ (20)	0.7 mi	Airbnb Vrbo
Blue Ridge Adventure-Aska-Waterfront-WIFI House	3 bd · 2 ba · sleeps 6	$26,974	$222	33%	5★ (21)	0.7 mi	Airbnb
Serene Lakefront Retreat w/ Private Hot Tub House Hot tub A/C Free parking Wifi +3	3 bd · 2 ba · sleeps 6	$34,569	$275	34%	5★ (27)	0.7 mi	Airbnb Vrbo

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

Financing

Management

Purchase priceAlready furnishedTax bracketCount tax savings in returnsOnly if you can use the losses (STR loophole)

Est. revenue

$30,251

NOI

$11,755

Cash flow /mo

$980

Cash needed

$541,960

Cash-on-cash (all cash)

2.2%

ROE (yr 1)

4.9%

Cap rate

2.4%

DSCR

—

Year-1 write-off

$86,481

Year-1 tax shield @ 32%

$27,674

Year-1 return on equity

Cash flow (annual)$11,755
Principal paydown (n/a, cash)$0
Appreciation at%$14,970

ROE4.9%

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)$6,050
Platform fees (3% of revenue)$908
Maintenance / capex (5% of revenue)$1,513
Utilities & supplies$4,200
HOA$0
Property tax$511
Insurance (STR-rated)$5,314

Cash needed to close

Purchase price (all cash)$499,000
Closing costs (4.0%)$19,960
Furnishing (bought new)$23,000

Tax savings if the STR loophole applies

Tax shield @ 32%$27,674

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

$476,000

Short-life (5/15-yr)

$63,000 · 13%

Year-1 deduction

$86,000

Year-1 tax shield @ 32%

$28,000

Land 5% (county tax record, market value split) · building $413,000 over 39 years · new furniture $23,000

Based on: 3,230 sq ft, built 2001, 4 bd / 3 ba, unfurnished, listing features (fireplace, flooring types, appliance list, septic).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $65,000 in year 1 (9% short-life, $21,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$63,600

Kitchen cabinetsdefault
$12,900 new × 40% good × 1.52 allocation
$7,800
Kitchen countertopsdefault
$10,500 new × 40% good × 1.52 allocation
$6,400
Decorative trimdefault
$5,700 new × 40% good × 1.52 allocation
$3,400
Mirrorsdefault
$500 new × 40% good × 1.52 allocation
$300
Shelvingdefault
$1,500 new × 40% good × 1.52 allocation
$900
Window coverings (32)default
$8,000 new × 40% good × 1.52 allocation
$4,900
Kitchen & laundry equipment plumbingdefault
$10,000 new × 50% good × 1.52 allocation
$7,600
Kitchen, laundry & data equipment electricaldefault
$6,100 new × 50% good × 1.52 allocation
$4,600
Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing
$7,700 new × 40% good × 1.52 allocation
$4,700
Furniture bought newlisting
$23,000 new × 100% good · bought separately
$23,000

15-year land improvements$22,400

Paving: driveway & walks (paved)default
$11,800 new × 50% good × 1.52 allocation
$9,000
Landscaping (typical)default
$11,300 new × 50% good × 1.52 allocation
$8,600
Patiosdefault
$3,200 new × 50% good × 1.52 allocation
$2,400
Decks & porches (attached)default
$3,200 new × 50% good × 1.52 allocation
$2,400

Building, 39-year$413,400

Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$351,000 new × 58% good × 1.52 allocation
$311,200
Building plumbing & fixturesdefault
$36,400 new × 50% good × 1.52 allocation
$27,700
Building electrical & lightingdefault
$38,200 new × 50% good × 1.52 allocation
$29,000
HVACdefault
$36,400 new × 40% good × 1.52 allocation
$22,100
Hardwood & tile floorsdefault
$20,800 new × 40% good × 1.52 allocation
$12,600
Fireplacelisting
$2,600 new × 40% good × 1.52 allocation
$1,600
Septic systemlisting
$12,000 new × 50% good × 1.52 allocation
$9,100

About the property

Sold furnishedGame roomHot tubPoolDeckDrivewayLandscapingFencedIrrigationLong-term rental (27.5-yr)Carpet / vinyl / laminate %Placed in serviceClosing costs $ (adds to basis)Land %Bonus depreciation %

Depreciation schedule: typical cost seg study

Year	5-yr	15-yr	Building	Total
1	$63,600	$22,400	$400	$86,500
2	$0	$0	$10,600	$10,600
3	$0	$0	$10,600	$10,600
4	$0	$0	$10,600	$10,600
5	$0	$0	$10,600	$10,600
6+	$0	$0	$370,600	$370,600
Total	$63,600	$22,400	$413,400	$499,400

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.