329 Laurel Ridge Dr
Blue Ridge, GA 30513
$369,900
2 bd · 1 ba · 758 sqft · Listed 9d ago
View on Realtor.com →Year built
2001
Sqft
758
Lot sqft
92,783
HOA / mo
$30
Furnished
No
List date
2026-09-18T03:43:14.000000Z
Revenue
Annual revenue
$42,277
ADR
$203
Occupancy
57%
Cleaning fees (12 mo)
$9,177
Confidence
Low (50.05), 29 comps
Comp revenue range (p25 / median / p75)
The Lodge: Upscale Log Cabin Living
Cabin · 2 bd · 2 ba · sleeps 6 · 443 ft
Revenue $35,112ADR $229Occ ≈ 42%5★ (233)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Cozy cabin w/View, Hot Tub, Firepit- 10 min to BR Cabin | 2 bd · 2 ba · sleeps 4 | $57,769 | $234 | 68% | 5★ (296) | 427 ft | AirbnbVrbo |
The Lodge: Upscale Log Cabin Living Cabin | 2 bd · 2 ba · sleeps 6 | $35,112 | $229 | 42% | 5★ (233) | 443 ft | Airbnb |
Hilltop Haus: 6 Minutes From Downtown Blue Ridge Cabin | 2 bd · 1 ba · sleeps 4 | $77,639 | $328 | 65% | 5★ (185) | 469 ft | AirbnbVrbo |
2BR Mountainview | Game Room | Private Hot Tub House | 2 bd · 1 ba · sleeps 4 | $34,315 | $238 | 40% | 4.5★ (121) | 0.2 mi | AirbnbVrboBooking |
Serenity High Up Mountain Views Haven 15 min to BR Cabin | 2 bd · 2 ba · sleeps 4 | $30,078 | $201 | 41% | 4.8★ (148) | 0.2 mi | AirbnbVrbo |
Top of the Ridge Chalet- Pets OK, 2 BDR, MTN Views Cabin | 2 bd · 2 ba · sleeps 6 | $64,236 | $351 | 50% | 4.7★ (3) | 0.2 mi | AirbnbVrboBooking |
Gorgeous Blue Ridge Mountain View*Hot tub*Gameroom Cabin | 2 bd · 2 ba · sleeps 6 | $70,226 | $237 | 81% | 5★ (157) | 0.2 mi | AirbnbVrbo |
'Pinot & Pine' Chic Log Cabin ~ 5 Mi to Blue Ridge Cabin | 2 bd · 2 ba · sleeps 6 | $18,451 | $189 | 27% | 4.8★ (100) | 0.3 mi | AirbnbVrboBooking |
Hygge Haus - Rustic charm, & serene location! Cabin | 2 bd · 1 ba · sleeps 4 | $47,986 | $214 | 61% | 4.8★ (52) | 0.3 mi | AirbnbVrboBooking |
Luxe Retreat: Hot Tub, Outdoor Theater, Dogs OK Cabin | 2 bd · 1 ba · sleeps 4 | $24,382 | $206 | 32% | 5★ (29) | 0.3 mi | AirbnbVrboBooking |
Show all 30 comps
Bear Pause,BabblingCreekfront Logcabin,HotTub delivery Sept 2025,FirePit,Hammock
Cabin · 2 bd · 1 ba · sleeps 5 · 0.4 mi
Revenue $12,437ADR $200Occ ≈ 17%4.5★ (22)
CreekFront/Log Cabin/Hottub/Hammock&Pet Friendly!
Cabin · 2 bd · 1 ba · sleeps 5 · 0.4 mi
Revenue $15,232ADR $251Occ ≈ 17%4.9★ (50)
Beary Cozy Cabin: Serene Wooded Retreat w/ Hot Tub
Cabin · 2 bd · 1 ba · sleeps 4 · 0.5 mi
Revenue $33,409ADR $158Occ ≈ 58%4.9★ (52)
Just Renovated! The Best Little A-Frame in Blue Ridge—Cozy 2BR with Barrel Sauna
Cabin · 2 bd · 1 ba · sleeps 4 · 0.7 mi
Revenue $15,018ADR $223Occ ≈ 18%—
Bear Lake Lodge; Private Lagoon, Lake & Creek!
Cabin · 2 bd · 2 ba · sleeps 4 · 0.8 mi
Revenue $27,180ADR $3,408Occ ≈ 2%5★ (283)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Hot Tub · Screened Porch · Dogs OK · Blue Ridge Cabin | 2 bd · 1 ba · sleeps 4 | $51,455 | $218 | 65% | 4.9★ (54) | 0.3 mi | AirbnbVrbo |
706 On The Creek Cabin | 2 bd · 1 ba · sleeps 4 | $23,367 | $223 | 29% | 5★ (1) | 0.3 mi | AirbnbVrboBooking |
Blue Ridge Retreat w/ Hot Tub & Mountain Views! Cabin | 2 bd · 1 ba · sleeps 6 | $38,912 | $184 | 58% | 4.9★ (75) | 0.3 mi | AirbnbVrboBooking |
Tucked Away Cabin on the Benton MacKaye Trail Cabin | 2 bd · 1 ba · sleeps 2 | $19,532 | $145 | 37% | 4.9★ (219) | 0.3 mi | AirbnbVrbo |
Couples Retreat in Blue Ridge/HotTub/Firepit/Dome Cabin | 2 bd · 1 ba · sleeps 4 | $52,910 | $223 | 65% | 5★ (94) | 0.3 mi | AirbnbVrbo |
Bear Pause,BabblingCreekfront Logcabin,HotTub delivery Sept 2025,FirePit,Hammock Cabin | 2 bd · 1 ba · sleeps 5 | $12,437 | $200 | 17% | 4.5★ (22) | 0.4 mi | Vrbo |
Sauna, Rooftop Deck, Fire Pit, Indoor Fireplace Cabin | 2 bd · 1 ba · sleeps 4 | $27,791 | $180 | 42% | 5★ (48) | 0.4 mi | AirbnbVrboBooking |
Overlook Oasis - Hot tub, firepit, and comfy beds! Cabin | 2 bd · 2 ba · sleeps 4 | $44,933 | $223 | 55% | 4.5★ (87) | 0.4 mi | AirbnbVrboBooking |
CreekFront/Log Cabin/Hottub/Hammock&Pet Friendly! Cabin | 2 bd · 1 ba · sleeps 5 | $15,232 | $251 | 17% | 4.9★ (50) | 0.4 mi | Airbnb |
Mountain Heaven-Hot Tub-Pet Friendly-Fire Pit Cabin | 2 bd · 1 ba · sleeps 4 | $30,512 | $189 | 44% | 4.8★ (45) | 0.4 mi | AirbnbVrboBooking |
Beary Cozy Cabin: Serene Wooded Retreat w/ Hot Tub Cabin | 2 bd · 1 ba · sleeps 4 | $33,409 | $158 | 58% | 4.9★ (52) | 0.5 mi | Airbnb |
Mountain View Retreat- Pet Friendly,Mountain View Cabin | 2 bd · 2 ba · sleeps 6 | $7,665 | $273 | 8% | 5★ (1) | 0.5 mi | AirbnbVrbo |
Bear Lake Retreat | Cherry Log, GA Cabin | 2 bd · 2 ba · sleeps 4 | $31,131 | $250 | 34% | 4.8★ (15) | 0.6 mi | AirbnbVrbo |
Water surrounded cabin getaway with sauna, hot tub, wild life and private island Cabin | 2 bd · 2 ba · sleeps 4 | $42,611 | $342 | 34% | 5★ (15) | 0.6 mi | VrboBooking |
Luxury Chalet • Massive Deck + Hot Tub + Theater Cabin | 2 bd · 2 ba · sleeps 4 | $22,377 | $322 | 19% | 5★ (23) | 0.7 mi | AirbnbVrbo |
Cozy Private Cabin-Hot Tub, Views + Minutes to BR Cabin | 2 bd · 2 ba · sleeps 6 | $21,181 | $281 | 21% | 5★ (163) | 0.7 mi | AirbnbVrboBooking |
Cozy Modern Cabin W/Hot Tub and Mountain Views! Cabin | 2 bd · 2 ba · sleeps 4 | $30,886 | $176 | 48% | 4.8★ (161) | 0.7 mi | AirbnbVrbo |
Just Renovated! The Best Little A-Frame in Blue Ridge—Cozy 2BR with Barrel Sauna Cabin | 2 bd · 1 ba · sleeps 4 | $15,018 | $223 | 18% | — | 0.7 mi | Vrbo |
The Treehouse Retreat | Hot Tub & Fireplace Cabin | 2 bd · 1 ba · sleeps 4 | $32,534 | $167 | 53% | 4.9★ (91) | 0.8 mi | AirbnbVrbo |
Bear Lake Lodge; Private Lagoon, Lake & Creek! Cabin | 2 bd · 2 ba · sleeps 4 | $27,180 | $3,408 | 2% | 5★ (283) | 0.8 mi | Airbnb |
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
$42,277
NOI
$19,824
Cash flow /mo
-$341
Cash needed
$123,271
Cash-on-cash
-3.3%
ROE (yr 1)
7.6%
Cap rate
5.4%
DSCR
0.83
Year-1 write-off
$97,013
Year-1 tax shield @ 32%
$31,044
Year-1 return on equity
- Cash flow (annual)-$4,096
- Principal paydown$2,421
- Appreciation at%$11,097
Opex, cash-needed & tax-savings breakdown
Annual operating expenses
- Management (20% of revenue)$8,455
- Platform fees (3% of revenue)$1,268
- Maintenance / capex (5% of revenue)$2,114
- Utilities & supplies$4,200
- HOA$360
- Property tax$2,061
- Insurance (STR-rated)$3,995
Cash needed to close
- Down payment (25%)$92,475
- Closing costs (4.0%)$14,796
- Furnishing (bought new)$16,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$31,044
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
$314,000
Short-life (5/15-yr)
$80,000 · 26%
Year-1 deduction
$97,000
Year-1 tax shield @ 32%
$31,000
Land 15% (county tax record, market value split) · building $234,000 over 39 years · new furniture $16,000
Based on: 758 sq ft, built 2001, 2 bd / 1 ba, unfurnished, listing features (deck, fireplace, flooring types, appliance list, septic).
IRS-guide safe-harbor floor: $60,000 in year 1 (14% short-life, $19,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $10,300
Kitchen cabinetsdefault
$7,500 new × 40% good × 3.45 allocation
- $8,400
Kitchen countertopsdefault
$6,100 new × 40% good × 3.45 allocation
- $1,800
Decorative trimdefault
$1,300 new × 40% good × 3.45 allocation
- $200
Mirrorsdefault
$200 new × 40% good × 3.45 allocation
- $1,200
Shelvingdefault
$900 new × 40% good × 3.45 allocation
- $2,800
Window coverings (8)default
$2,000 new × 40% good × 3.45 allocation
- $10,000
Kitchen & laundry equipment plumbingdefault
$5,800 new × 50% good × 3.45 allocation
- $6,100
Kitchen, laundry & data equipment electricaldefault
$3,500 new × 50% good × 3.45 allocation
- $4,000
Appliances (microwave, refrigerator)listing
$2,900 new × 40% good × 3.45 allocation
- $16,000
Furniture bought newlisting
$16,000 new × 100% good · bought separately
- $9,900
Paving: driveway & walks (paved)default
$5,700 new × 50% good × 3.45 allocation
- $9,500
Landscaping (typical)default
$5,500 new × 50% good × 3.45 allocation
- $1,300
Patiosdefault
$700 new × 50% good × 3.45 allocation
- $14,700
Decks & porches (attached)listing
$8,500 new × 50% good × 3.45 allocation
- $164,800
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$81,800 new × 58% good × 3.45 allocation
- $14,600
Building plumbing & fixturesdefault
$8,500 new × 50% good × 3.45 allocation
- $11,900
Building electrical & lightingdefault
$6,900 new × 50% good × 3.45 allocation
- $11,800
HVACdefault
$8,500 new × 40% good × 3.45 allocation
- $6,700
Hardwood & tile floorsdefault
$4,900 new × 40% good × 3.45 allocation
- $3,600
Fireplacelisting
$2,600 new × 40% good × 3.45 allocation
- $20,700
Septic systemlisting
$12,000 new × 50% good × 3.45 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $60,900 | $35,400 | $800 | $97,000 |
| 2 | $0 | $0 | $6,000 | $6,000 |
| 3 | $0 | $0 | $6,000 | $6,000 |
| 4 | $0 | $0 | $6,000 | $6,000 |
| 5 | $0 | $0 | $6,000 | $6,000 |
| 6+ | $0 | $0 | $209,400 | $209,400 |
| Total | $60,900 | $35,400 | $234,200 | $330,400 |
The building's share of the price ($314,000) is 3.5x our depreciated replacement cost of the home ($91,000). The IRS guide treats a gap this size as a reason to review the land share: if land is worth more than the county ratio says, the basis and the write-off are smaller.
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.