255 Blue Ridge Trl
Morganton, GA 30560
$515,000
3 bd · 3 ba · 2,244 sqft · Listed 4d ago
View on Realtor.com →Year built
2001
Sqft
2,244
Lot sqft
49,658
HOA / mo
None
Furnished
No
List date
2026-09-23T15:03:19.000000Z
Revenue
Annual revenue
$41,859
ADR
$225
Occupancy
51%
Cleaning fees (12 mo)
$7,448
Confidence
Med (56.84), 50 comps
Comp revenue range (p25 / median / p75)
Peaks & Quiet Retreat
Vacation home · 3 bd · 4 ba · sleeps 8 · 515 ft
Revenue $17,942ADR $407Occ ≈ 12%—
Sleeps 12 • Stunning Mountain Views • Fire Pit • Arcade • 5 Acres • Large Decks
Cabin · 3 bd · 4 ba · sleeps 12 · 518 ft
Revenue $44,451ADR $338Occ ≈ 36%—
Panoramic Mountain Views- Hot Tub- Fire Pit-Arcade
Cabin · 3 bd · 3.5 ba · sleeps 8 · 0.1 mi
Revenue $65,614ADR $398Occ ≈ 45%5★ (6)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Plane View- Pets OK, Billiards, Hot Tub, Mtn View Cabin | 3 bd · 2.5 ba · sleeps 6 | $56,186 | $323 | 48% | 4.9★ (22) | 394 ft | AirbnbVrboBooking |
Peaks & Quiet Retreat Vacation home | 3 bd · 4 ba · sleeps 8 | $17,942 | $407 | 12% | — | 515 ft | Booking |
Sleeps 12 • Stunning Mountain Views • Fire Pit • Arcade • 5 Acres • Large Decks Cabin | 3 bd · 4 ba · sleeps 12 | $44,451 | $338 | 36% | — | 518 ft | Vrbo |
Panoramic Mountain Views- Hot Tub- Fire Pit-Arcade Cabin | 3 bd · 3.5 ba · sleeps 8 | $65,614 | $398 | 45% | 5★ (6) | 0.1 mi | Airbnb |
Breathtaking mountain view in a peaceful setting Cabin | 3 bd · 2 ba · sleeps 6 | $24,087 | $180 | 37% | 5★ (32) | 0.1 mi | AirbnbVrbo |
Moonlight Dreams Stay House | 3 bd · 3 ba · sleeps 6 | $5,061 | $202 | 7% | 4.8★ (81) | 0.2 mi | AirbnbVrboBooking |
Amazing Mountain View, Blue Ridge, Hot Tub, Deck Cabin | 3 bd · 2 ba · sleeps 6 | $42,089 | $286 | 40% | 5★ (72) | 0.2 mi | AirbnbVrboBooking |
Peaks & Quiet Retreat - Amazing Views in All Rooms Cabin | 3 bd · 3.5 ba · sleeps 8 | $24,071 | $398 | 17% | 5★ (1) | 0.2 mi | AirbnbVrbo |
My Mountain Lookout- Screen Deck, Views, Billiards Cabin | 3 bd · 3 ba · sleeps 9 | $28,305 | $326 | 24% | 4.7★ (18) | 0.2 mi | AirbnbVrboBooking |
Golden Acres Cabin | 3 bd · 3 ba · sleeps 8 | $20,685 | $229 | 25% | 4.6★ (13) | 0.2 mi | AirbnbVrboBooking |
Show all 50 comps
LAKEFRONT 3BR, PET FRIENDLY, HOT TUB, FIREPIT, OUTDOOR BAR, DOCKS, FISHING. FUN!
Cabin · 3 bd · 3 ba · sleeps 8 · 0.3 mi
Revenue $56,987ADR $385Occ ≈ 41%5★ (143)
Blue Ridge's Enchanted Cottage
Cabin · 3 bd · 3 ba · sleeps 10 · 0.4 mi
Revenue $27,750ADR $216Occ ≈ 35%5★ (358)
Whispering Winds
Vacation home · 3 bd · 2 ba · sleeps 6 · 0.5 mi
Revenue $30,564ADR $257Occ ≈ 33%—
Beautiful all season's view of the Blue Ridge Mountains.
Cabin · 3 bd · 2 ba · sleeps 4 · 0.6 mi
Revenue $55,361ADR $194Occ ≈ 78%5★ (346)
Hawk's Ridge - Beautiful Westward Facing Views
House · 3 bd · 2.5 ba · sleeps 8 · 0.7 mi
Revenue $54,037ADR $262Occ ≈ 57%5★ (50)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Mountain Retreat on Private Lake Fireplace Hot Tub Cabin | 3 bd · 2 ba · sleeps 8 | $58,428 | $395 | 41% | 5★ (95) | 0.2 mi | AirbnbVrbo |
Mountain Views-Hot Tub-Games-Pool & Foosball House | 3 bd · 3 ba · sleeps 8 | $33,624 | $348 | 26% | 4.8★ (12) | 0.2 mi | AirbnbVrbo |
Mountain View, Hot Tub, Game Room, Good Roads Cabin | 3 bd · 3 ba · sleeps 6 | $33,027 | $309 | 29% | 5★ (8) | 0.2 mi | AirbnbVrboBooking |
Honey Bear Hideaway. Mountain Views. Paved Roads. Cabin | 3 bd · 3 ba · sleeps 8 | $24,051 | $289 | 23% | 5★ (10) | 0.2 mi | AirbnbVrbo |
Stunning Views, Pet Friendly, Blue Ridge, Hot Tub Cabin | 3 bd · 3.5 ba · sleeps 6 | $38,919 | $294 | 36% | 5★ (9) | 0.2 mi | AirbnbVrboBooking |
LAKEFRONT 3BR, PET FRIENDLY, HOT TUB, FIREPIT, OUTDOOR BAR, DOCKS, FISHING. FUN! Cabin | 3 bd · 3 ba · sleeps 8 | $56,987 | $385 | 41% | 5★ (143) | 0.3 mi | Vrbo |
Lakefront retreat: Your Blue Ridge Escape! Cabin | 3 bd · 2.5 ba · sleeps 9 | $3,927 | $302 | 4% | 5★ (145) | 0.3 mi | AirbnbVrbo |
Near Blue Ridge, Fire Pit, Paved Roads, Game Room Cabin | 3 bd · 3 ba · sleeps 8 | $23,774 | $297 | 22% | 5★ (4) | 0.3 mi | AirbnbVrboBooking |
Boujee Bear Lodge - A Peaceful Cabin in the Woods Cabin | 3 bd · 3 ba · sleeps 10 | $32,164 | $211 | 42% | 4.8★ (69) | 0.3 mi | AirbnbVrboBooking |
My Mountain Retreat- King Beds, Game Room, Views Cabin | 3 bd · 3 ba · sleeps 10 | $33,545 | $296 | 31% | 4.7★ (8) | 0.4 mi | AirbnbVrbo |
Blue Ridge's Enchanted Cottage Cabin | 3 bd · 3 ba · sleeps 10 | $27,750 | $216 | 35% | 5★ (358) | 0.4 mi | Airbnb |
Stunning long-range mountain views / paved access Cabin | 3 bd · 3 ba · sleeps 8 | $38,361 | $253 | 42% | 5★ (267) | 0.4 mi | AirbnbVrbo |
Pet-Friendly Cabin Near Blue Ridge w/ Hot Tub Cabin | 3 bd · 3 ba · sleeps 6 | $27,943 | $278 | 28% | 4.8★ (40) | 0.4 mi | AirbnbVrboBooking |
Stunning Views~Hot Tub~Games~Fireplace~DogFriendly House | 3 bd · 3 ba · sleeps 7 | $50,366 | $333 | 41% | 5★ (27) | 0.4 mi | AirbnbVrboBooking |
Sunrise-View, Hot Tub, Game Room, Fire Pit Cabin | 3 bd · 3 ba · sleeps 6 | $28,349 | $251 | 31% | 5★ (14) | 0.4 mi | AirbnbVrbo |
Stunning Blue Ridge Cabin Hot Tub Video Game Room Cabin | 3 bd · 3 ba · sleeps 8 | $30,814 | $323 | 26% | 4.8★ (31) | 0.5 mi | AirbnbVrboBooking |
Whispering Winds Vacation home | 3 bd · 2 ba · sleeps 6 | $30,564 | $257 | 33% | — | 0.5 mi | Booking |
7-Acre Blue Ridge Retreat | Hot Tub | Game Room Cabin | 3 bd · 3 ba · sleeps 8 | $43,339 | $233 | 51% | 4.9★ (37) | 0.5 mi | AirbnbVrbo |
Spacious Blue Ridge cabin w/amazing mountain views Cabin | 3 bd · 2.5 ba · sleeps 8 | $31,720 | $284 | 31% | 4.8★ (43) | 0.5 mi | AirbnbVrbo |
Mtn Views, Game Room, Dogs Welcome, Fenced Yard. Cabin | 3 bd · 2 ba · sleeps 6 | $43,988 | $227 | 53% | 5★ (158) | 0.5 mi | AirbnbVrbo |
Hot Tub & Firepit | Secluded Cabin Sleeps 8 Cabin | 3 bd · 2 ba · sleeps 8 | $39,126 | $257 | 42% | 5★ (4) | 0.5 mi | VrboBooking |
Tranquility Pond- Pet Friendly, Pond, Hot Tub+more Cabin | 3 bd · 3 ba · sleeps 10 | $40,048 | $388 | 28% | 4.7★ (12) | 0.5 mi | AirbnbVrboBooking |
Laurel Ridge Retreat・Hot Tub・Firepit・Modern Luxury Cabin | 3 bd · 2 ba · sleeps 8 | $10,754 | $206 | 14% | 5★ (1) | 0.5 mi | AirbnbVrboBooking |
Cabin Fever- Pet Friendly, Secluded, Fireplace Cabin | 3 bd · 3 ba · sleeps 6 | $33,674 | $346 | 27% | 4.7★ (3) | 0.6 mi | AirbnbVrboBooking |
Cabin Sweet Cabin- Pet Friendly, HotTub. Fireplace Cabin | 3 bd · 2 ba · sleeps 6 | $22,710 | $194 | 32% | 4.5★ (12) | 0.6 mi | AirbnbVrboBooking |
Cabin Sweet Cabin | Hot Tub•Game Room•Dog Friendly House | 3 bd · 2 ba · sleeps 6 | $44,714 | $285 | 43% | 5★ (22) | 0.6 mi | AirbnbVrboBooking |
Lux 3BR Mountain Cabin | Hot Tub + Fire Pit! Cabin | 3 bd · 3 ba · sleeps 8 | $44,115 | $301 | 40% | 5★ (34) | 0.6 mi | AirbnbVrboBooking |
Hot Tub & Scenic Mountain Views, Game Room Cabin | 3 bd · 3.5 ba · sleeps 8 | $73,978 | $294 | 69% | 5★ (50) | 0.6 mi | AirbnbVrbo |
Blue Ridge Cabin w/ Hot Tub & Private Lake! Cabin | 3 bd · 4 ba · sleeps 10 | $57,886 | $259 | 61% | 5★ (82) | 0.6 mi | AirbnbVrboBooking |
Blue Ridge Cabin w/ Hot Tub & Private Lake! House | 3 bd · 4 ba · sleeps 10 | $76,483 | $251 | 83% | 5★ (59) | 0.6 mi | AirbnbVrboBooking |
Pet Friendly | Hot Tub | Family Fun Chalet w Views Chalet | 3 bd · 3 ba · sleeps 12 | $53,180 | $242 | 60% | 5★ (169) | 0.6 mi | AirbnbVrbo |
Beautiful all season's view of the Blue Ridge Mountains. Cabin | 3 bd · 2 ba · sleeps 4 | $55,361 | $194 | 78% | 5★ (346) | 0.6 mi | Vrbo |
Woodland Retreat w/ Hot Tub & Outdoor Fireplace Cabin | 3 bd · 3 ba · sleeps 6 | $33,969 | $305 | 31% | 5★ (25) | 0.7 mi | AirbnbVrboBooking |
Mountain Views, Fenced Yard, Pets ok, Blue Ridge Cabin | 3 bd · 3 ba · sleeps 6 | $35,430 | $319 | 30% | 4.9★ (86) | 0.7 mi | AirbnbVrboBooking |
Hawk's Ridge - Beautiful Westward Facing Views House | 3 bd · 2.5 ba · sleeps 8 | $54,037 | $262 | 57% | 5★ (50) | 0.7 mi | Airbnb |
Blue Ridge Bliss - Hot tub, lush views, and games! Cabin | 3 bd · 3 ba · sleeps 6 | $50,362 | $319 | 43% | 4.5★ (22) | 0.7 mi | AirbnbVrboBooking |
Whiskey Rocks | $179 Off Your Stay! Cabin | 3 bd · 4 ba · sleeps 8 | $79,443 | $370 | 59% | 4.9★ (104) | 0.7 mi | AirbnbVrboBooking |
Amazing View, Blue Ridge, Pet Friendly, Hot Tub Cabin | 3 bd · 3 ba · sleeps 6 | $44,561 | $304 | 40% | 5★ (54) | 0.7 mi | AirbnbVrboBooking |
True North Cabin | 3 bd · 2.5 ba · sleeps 6 | $24,469 | $304 | 22% | 5★ (75) | 0.7 mi | Airbnb |
Glass Cabin Retreat w/ Hot Tub, Sauna + Epic Views House | 3 bd · 3 ba · sleeps 10 | $40,028 | $380 | 29% | 5★ (15) | 0.7 mi | AirbnbVrboBooking |
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 7.78% = 7.03% Freddie Mac 30-yr avg (Sep 24) + 0.75% investor premium
Est. revenue
$41,859
NOI
$18,775
Cash flow /mo
-$1,211
Cash needed
$174,850
Cash-on-cash
-8.3%
ROE (yr 1)
2.5%
Cap rate
3.6%
DSCR
0.56
Year-1 write-off
$105,592
Year-1 tax shield @ 32%
$33,789
Year-1 return on equity
- Cash flow (annual)-$14,527
- Principal paydown$3,370
- Appreciation at%$15,450
Opex, cash-needed & tax-savings breakdown
Annual operating expenses
- Management (20% of revenue)$8,372
- Platform fees (3% of revenue)$1,256
- Maintenance / capex (5% of revenue)$2,093
- Utilities & supplies$4,200
- HOA$0
- Property tax$1,679
- Insurance (STR-rated)$5,485
Cash needed to close
- Down payment (25%)$128,750
- Closing costs (4.0%)$20,600
- Furnishing (bought new)$25,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$33,789
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
$474,000
Short-life (5/15-yr)
$79,000 · 17%
Year-1 deduction
$106,000
Year-1 tax shield @ 32%
$34,000
Land 8% (county tax record, market value split) · building $395,000 over 39 years · new furniture $26,000
Based on: 2,244 sq ft, built 2001, 3 bd / 3 ba, unfurnished, listing features (patio, game room, fireplace, flooring types, appliance list, septic, wooded lot).
IRS-guide safe-harbor floor: $82,000 in year 1 (12% short-life, $26,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $9,000
Kitchen cabinetsdefault
$10,700 new × 40% good × 2.09 allocation
- $7,300
Kitchen countertopsdefault
$8,800 new × 40% good × 2.09 allocation
- $3,300
Decorative trimdefault
$3,900 new × 40% good × 2.09 allocation
- $400
Mirrorsdefault
$500 new × 40% good × 2.09 allocation
- $1,000
Shelvingdefault
$1,200 new × 40% good × 2.09 allocation
- $4,600
Window coverings (22)default
$5,500 new × 40% good × 2.09 allocation
- $4,800
Carpet, vinyl & laminate (40% of floors)listing
$5,800 new × 40% good × 2.09 allocation
- $8,700
Kitchen & laundry equipment plumbingdefault
$8,300 new × 50% good × 2.09 allocation
- $5,300
Kitchen, laundry & data equipment electricaldefault
$5,000 new × 50% good × 2.09 allocation
- $6,400
Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing
$7,700 new × 40% good × 2.09 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $6,000
Game-room equipment bought newlisting
$6,000 new × 100% good · bought separately
- $10,300
Paving: driveway & walks (paved)default
$9,800 new × 50% good × 2.09 allocation
- $4,900
Landscaping (minimal)listing
$4,700 new × 50% good × 2.09 allocation
- $10,500
Patioslisting
$10,100 new × 50% good × 2.09 allocation
- $2,300
Decks & porches (attached)default
$2,200 new × 50% good × 2.09 allocation
- $296,700
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$243,500 new × 58% good × 2.09 allocation
- $26,400
Building plumbing & fixturesdefault
$25,300 new × 50% good × 2.09 allocation
- $26,900
Building electrical & lightingdefault
$25,700 new × 50% good × 2.09 allocation
- $21,100
HVACdefault
$25,300 new × 40% good × 2.09 allocation
- $7,200
Hardwood & tile floorsdefault
$8,700 new × 40% good × 2.09 allocation
- $4,400
Fireplaces (2)listing
$5,300 new × 40% good × 2.09 allocation
- $12,500
Septic systemlisting
$12,000 new × 50% good × 2.09 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $76,300 | $28,100 | $1,300 | $105,600 |
| 2 | $0 | $0 | $10,100 | $10,100 |
| 3 | $0 | $0 | $10,100 | $10,100 |
| 4 | $0 | $0 | $10,100 | $10,100 |
| 5 | $0 | $0 | $10,100 | $10,100 |
| 6+ | $0 | $0 | $353,500 | $353,500 |
| Total | $76,300 | $28,100 | $395,300 | $499,600 |
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: Georgia disallows 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.