253 Zenith Trl

Ellijay, GA 30540

$389,900

2 bd · 2.5 ba · 1,620 sqft · Listed 6d ago

View on Realtor.com →

Rental historyLow confidence

Year built

2016

Sqft

1,620

Lot sqft

41,382

HOA / mo

$120

Furnished

List date

2026-09-21T15:08:53.000000Z

Revenue

Annual revenue

$34,560

ADR

$202

Occupancy

47%

Cleaning fees (12 mo)

$7,495

Confidence

Low (32.92), 30 comps

Comp revenue range (p25 / median / p75)

$14,458$24,803$51,174

Riverfront Cabin/Hot Tub/Secluded w/Resort Amenity
Cabin · 2 bd · 2 ba · sleeps 5 · 0.3 mi
Revenue $59,416ADR $235Occ ≈ 69%5★ (239)
Airbnb Vrbo
Cabin Zen. Riverfront. Hot Tub. Arcades. Sleeps 8+
Cabin · 2 bd · 3 ba · sleeps 8 · 0.3 mi
Revenue $57,721ADR $334Occ ≈ 47%4.8★ (45)
Airbnb Vrbo Booking
Deer River Retreat | Waterfront in Coosawattee
Cabin · 2 bd · 2 ba · sleeps 6 · 0.3 mi
Revenue $55,317ADR $265Occ ≈ 57%4.8★ (123)
Airbnb Vrbo
Fire Pit + Free Wood | Pizza Oven & Grill | Deer
Cabin · 2 bd · 2 ba · sleeps 4 · 0.3 mi
Revenue $37,437ADR $185Occ ≈ 55%5★ (81)
Airbnb Vrbo
Wanderlust Lodge-Waterfront-Dog Friendly-Hot tub
House · 2 bd · 2 ba · sleeps 8 · 0.4 mi
Revenue $27,572ADR $217Occ ≈ 35%4.8★ (5)
Airbnb Vrbo
Riverfront Cottage In The Coosawattee Resort.
Cabin · 2 bd · 2 ba · sleeps 6 · 0.4 mi
Revenue $15,764ADR $246Occ ≈ 18%5★ (8)
Airbnb Vrbo Booking
Rocky Road Retreat Stay
Cabin · 2 bd · 2 ba · sleeps 6 · 0.5 mi
Revenue $4,428ADR $216Occ ≈ 6%4.5★ (25)
Airbnb Vrbo Booking
Moon River | Ellijay, GA
Cabin · 2 bd · 2 ba · sleeps 4 · 0.5 mi
Revenue $53,127ADR $335Occ ≈ 43%4.8★ (36)
Airbnb Vrbo
Cabin River Retreat / Hot Tub / Blue Ridge Mtns
Cabin · 2 bd · 2 ba · sleeps 8 · 0.5 mi
Revenue $52,071ADR $274Occ ≈ 52%5★ (51)
Airbnb Vrbo Booking
Killin Time River Cabin
Cabin · 2 bd · 2 ba · sleeps 7 · 0.5 mi
Revenue $8,357ADR $0Occ ≈ —5★ (24)
Airbnb Vrbo

Listing	Size	Revenue (12 mo)	ADR	Occ ≈	Rating	Distance	Links
Riverfront Cabin/Hot Tub/Secluded w/Resort Amenity Cabin	2 bd · 2 ba · sleeps 5	$59,416	$235	69%	5★ (239)	0.3 mi	Airbnb Vrbo
Cabin Zen. Riverfront. Hot Tub. Arcades. Sleeps 8+ Cabin	2 bd · 3 ba · sleeps 8	$57,721	$334	47%	4.8★ (45)	0.3 mi	Airbnb Vrbo Booking
Deer River Retreat \| Waterfront in Coosawattee Cabin	2 bd · 2 ba · sleeps 6	$55,317	$265	57%	4.8★ (123)	0.3 mi	Airbnb Vrbo
Fire Pit + Free Wood \| Pizza Oven & Grill \| Deer Cabin	2 bd · 2 ba · sleeps 4	$37,437	$185	55%	5★ (81)	0.3 mi	Airbnb Vrbo
Wanderlust Lodge-Waterfront-Dog Friendly-Hot tub House	2 bd · 2 ba · sleeps 8	$27,572	$217	35%	4.8★ (5)	0.4 mi	Airbnb Vrbo
Riverfront Cottage In The Coosawattee Resort. Cabin	2 bd · 2 ba · sleeps 6	$15,764	$246	18%	5★ (8)	0.4 mi	Airbnb Vrbo Booking
Rocky Road Retreat Stay Cabin	2 bd · 2 ba · sleeps 6	$4,428	$216	6%	4.5★ (25)	0.5 mi	Airbnb Vrbo Booking
Moon River \| Ellijay, GA Cabin	2 bd · 2 ba · sleeps 4	$53,127	$335	43%	4.8★ (36)	0.5 mi	Airbnb Vrbo
Cabin River Retreat / Hot Tub / Blue Ridge Mtns Cabin	2 bd · 2 ba · sleeps 8	$52,071	$274	52%	5★ (51)	0.5 mi	Airbnb Vrbo Booking
Killin Time River Cabin Cabin	2 bd · 2 ba · sleeps 7	$8,357	$0	—	5★ (24)	0.5 mi	Airbnb Vrbo

Show all 30 comps

River Front House in Ellijay
Cabin · 2 bd · 2 ba · sleeps 6 · 0.5 mi
Revenue $40,510ADR $195Occ ≈ 57%4.7★ (219)
Airbnb Vrbo
Dog-Friendly Forest Cabin with Hot Tub, Shared Pool, Game Room, Two Decks
Cabin · 2 bd · 3 ba · sleeps 8 · 0.5 mi
Revenue $15,756ADR $212Occ ≈ 20%4.6★ (116)
Vrbo
Dog-friendly cabin with hot tub, 2 fireplaces, game room. washer/dryer & AC
Cabin · 2 bd · 2 ba · sleeps 6 · 0.5 mi
Revenue $24,752ADR $211Occ ≈ 32%4.8★ (15)
Vrbo
Family Cabin | Hot Tub, Fire Pit + Pool Access
Cabin · 2 bd · 3 ba · sleeps 8 · 0.5 mi
Revenue $48,482ADR $202Occ ≈ 66%5★ (123)
Airbnb Vrbo
Riverfront Cabin- Hot Tub +Firepit +Apple Orchards
Cabin · 2 bd · 2 ba · sleeps 6 · 0.5 mi
Revenue $56,770ADR $269Occ ≈ 58%5★ (131)
Airbnb Vrbo
NEW: Dawn Lane Escape | Hot Tub | Mins to Town
Cabin · 2 bd · 2 ba · sleeps 5 · 0.5 mi
Revenue $12,000ADR $179Occ ≈ 18%5★ (14)
Airbnb Vrbo
2BR River home with kayaks & fishing
Cabin · 2 bd · 2 ba · sleeps 6 · 0.5 mi
Revenue $28,557ADR $219Occ ≈ 36%4.7★ (3)
Airbnb Vrbo Booking
Bucky and Doe Doe's Place
Cabin · 2 bd · 3 ba · sleeps 8 · 0.6 mi
Revenue $6,869ADR $272Occ ≈ 7%4.7★ (83)
Airbnb
4 Mi to Dtwn Ellijay: Cabin w/ Pool & River Access
Cabin · 2 bd · 2 ba · sleeps 8 · 0.6 mi
Revenue $15,491ADR $198Occ ≈ 21%5★ (15)
Airbnb Vrbo
Mountain Romance - Hot Tub - River Walk
House · 2 bd · 2 ba · sleeps 4 · 0.6 mi
Revenue $14,114ADR $243Occ ≈ 16%5★ (13)
Airbnb Vrbo Booking
Peaceful home, large hot tub, deer sightings
House · 2 bd · 2 ba · sleeps 6 · 0.6 mi
Revenue $15,684ADR $279Occ ≈ 15%4.9★ (48)
Airbnb Vrbo
Riverside! Bring Your Pups+ Hot Tub+Firepit+COMFY
Cabin · 2 bd · 2 ba · sleeps 5 · 0.6 mi
Revenue $23,249ADR $306Occ ≈ 21%5★ (113)
Airbnb Vrbo
Drumm End, The Modern Shire
Cabin · 2 bd · 2 ba · sleeps 8 · 0.6 mi
Revenue $11,144ADR $226Occ ≈ 14%5★ (13)
Airbnb Vrbo
Edgewater Dreams | Coosawattee Riverfront
Cabin · 2 bd · 2 ba · sleeps 8 · 0.6 mi
Revenue $66,335ADR $311Occ ≈ 58%4.9★ (114)
Airbnb Vrbo
River View Getaway by 2DC
House · 2 bd · 2 ba · sleeps 4 · 0.6 mi
Revenue $36,345ADR $212Occ ≈ 47%5★ (100)
Airbnb Vrbo Booking
Very Private, Quiet Cabin With A Mountain View
Cabin · 2 bd · 2 ba · sleeps 6 · 0.6 mi
Revenue $3,924ADR $275Occ ≈ 4%4.8★ (71)
Airbnb
Riverfront Cabin, Resort Pool, Hot Tub, Tubing
House · 2 bd · 2 ba · sleeps 8 · 0.6 mi
Revenue $54,901ADR $393Occ ≈ 38%5★ (35)
Airbnb Vrbo
Summer's Ridge| Dog-Friendly Coosawattee Cabin
Cabin · 2 bd · 2.5 ba · sleeps 6 · 0.7 mi
Revenue $24,853ADR $235Occ ≈ 29%4.8★ (82)
Airbnb Vrbo
Rustic Elegance of Ellijay
Cabin · 2 bd · 2 ba · sleeps 6 · 0.7 mi
Revenue $1,667ADR $238Occ ≈ 2%4.8★ (33)
Airbnb Vrbo
On River Time
House · 2 bd · 2 ba · sleeps 4 · 0.7 mi
Revenue $21,111ADR $108Occ ≈ 54%4.8★ (105)
Airbnb Vrbo

Listing	Size	Revenue (12 mo)	ADR	Occ ≈	Rating	Distance	Links
River Front House in Ellijay Cabin	2 bd · 2 ba · sleeps 6	$40,510	$195	57%	4.7★ (219)	0.5 mi	Airbnb Vrbo
Dog-Friendly Forest Cabin with Hot Tub, Shared Pool, Game Room, Two Decks Cabin	2 bd · 3 ba · sleeps 8	$15,756	$212	20%	4.6★ (116)	0.5 mi	Vrbo
Dog-friendly cabin with hot tub, 2 fireplaces, game room. washer/dryer & AC Cabin	2 bd · 2 ba · sleeps 6	$24,752	$211	32%	4.8★ (15)	0.5 mi	Vrbo
Family Cabin \| Hot Tub, Fire Pit + Pool Access Cabin	2 bd · 3 ba · sleeps 8	$48,482	$202	66%	5★ (123)	0.5 mi	Airbnb Vrbo
Riverfront Cabin- Hot Tub +Firepit +Apple Orchards Cabin	2 bd · 2 ba · sleeps 6	$56,770	$269	58%	5★ (131)	0.5 mi	Airbnb Vrbo
NEW: Dawn Lane Escape \| Hot Tub \| Mins to Town Cabin	2 bd · 2 ba · sleeps 5	$12,000	$179	18%	5★ (14)	0.5 mi	Airbnb Vrbo
2BR River home with kayaks & fishing Cabin	2 bd · 2 ba · sleeps 6	$28,557	$219	36%	4.7★ (3)	0.5 mi	Airbnb Vrbo Booking
Bucky and Doe Doe's Place Cabin	2 bd · 3 ba · sleeps 8	$6,869	$272	7%	4.7★ (83)	0.6 mi	Airbnb
4 Mi to Dtwn Ellijay: Cabin w/ Pool & River Access Cabin	2 bd · 2 ba · sleeps 8	$15,491	$198	21%	5★ (15)	0.6 mi	Airbnb Vrbo
Mountain Romance - Hot Tub - River Walk House	2 bd · 2 ba · sleeps 4	$14,114	$243	16%	5★ (13)	0.6 mi	Airbnb Vrbo Booking
Peaceful home, large hot tub, deer sightings House	2 bd · 2 ba · sleeps 6	$15,684	$279	15%	4.9★ (48)	0.6 mi	Airbnb Vrbo
Riverside! Bring Your Pups+ Hot Tub+Firepit+COMFY Cabin	2 bd · 2 ba · sleeps 5	$23,249	$306	21%	5★ (113)	0.6 mi	Airbnb Vrbo
Drumm End, The Modern Shire Cabin	2 bd · 2 ba · sleeps 8	$11,144	$226	14%	5★ (13)	0.6 mi	Airbnb Vrbo
Edgewater Dreams \| Coosawattee Riverfront Cabin	2 bd · 2 ba · sleeps 8	$66,335	$311	58%	4.9★ (114)	0.6 mi	Airbnb Vrbo
River View Getaway by 2DC House	2 bd · 2 ba · sleeps 4	$36,345	$212	47%	5★ (100)	0.6 mi	Airbnb Vrbo Booking
Very Private, Quiet Cabin With A Mountain View Cabin	2 bd · 2 ba · sleeps 6	$3,924	$275	4%	4.8★ (71)	0.6 mi	Airbnb
Riverfront Cabin, Resort Pool, Hot Tub, Tubing House	2 bd · 2 ba · sleeps 8	$54,901	$393	38%	5★ (35)	0.6 mi	Airbnb Vrbo
Summer's Ridge\| Dog-Friendly Coosawattee Cabin Cabin	2 bd · 2.5 ba · sleeps 6	$24,853	$235	29%	4.8★ (82)	0.7 mi	Airbnb Vrbo
Rustic Elegance of Ellijay Cabin	2 bd · 2 ba · sleeps 6	$1,667	$238	2%	4.8★ (33)	0.7 mi	Airbnb Vrbo
On River Time House	2 bd · 2 ba · sleeps 4	$21,111	$108	54%	4.8★ (105)	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

Purchase priceAlready furnishedTax bracket

Est. revenue

$34,560

NOI

$12,633

Cash flow /mo

$1,053

Cash needed

$427,496

Cash-on-cash (all cash)

3.0%

ROE (yr 1)

5.7%

Cap rate

3.2%

DSCR

—

Year-1 write-off

$87,846

Year-1 tax shield @ 32%

$28,111

Year-1 return on equity

Cash flow (annual)$12,633
Principal paydown (n/a, cash)$0
Appreciation at%$11,697

ROE5.7%

ROE incl. year-1 tax savings (32% bracket, STR loophole)12.3%

Opex, cash-needed & tax-savings breakdown

Annual operating expenses

Management (20% of revenue)$6,912
Platform fees (3% of revenue)$1,037
Maintenance / capex (5% of revenue)$1,728
Utilities & supplies$4,200
HOA$1,440
Property tax$2,399
Insurance (STR-rated)$4,211

Cash needed to close

Purchase price (all cash)$389,900
Closing costs (4.0%)$15,596
Furnishing (bought new)$22,000

Tax savings if the STR loophole applies

Tax shield @ 32%$28,111

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

$366,000

Short-life (5/15-yr)

$65,000 · 18%

Year-1 deduction

$88,000

Year-1 tax shield @ 32%

$28,000

Land 6% (county tax record, market value split) · building $301,000 over 39 years · new furniture $22,000

Based on: 1,620 sq ft, built 2016, 2 bd / 2.5 ba, unfurnished, listing features (patio, game room, fireplace, stone counters, flooring types, appliance list, septic).

IRS-guide safe-harbor floor: $66,000 in year 1 (12% short-life, $21,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$64,000

Kitchen cabinetsdefault
$9,400 new × 60% good × 1.53 allocation
$8,600
Kitchen countertops (stone)listing
$9,600 new × 60% good × 1.53 allocation
$8,800
Decorative trimdefault
$2,800 new × 60% good × 1.53 allocation
$2,600
Mirrorsdefault
$300 new × 40% good × 1.53 allocation
$200
Shelvingdefault
$900 new × 60% good × 1.53 allocation
$800
Window coverings (16)default
$4,000 new × 40% good × 1.53 allocation
$2,400
Carpet, vinyl & laminate (33% of floors)listing
$3,500 new × 40% good × 1.53 allocation
$2,100
Kitchen & laundry equipment plumbingdefault
$7,300 new × 80% good × 1.53 allocation
$8,900
Kitchen, laundry & data equipment electricaldefault
$4,400 new × 80% good × 1.53 allocation
$5,400
Appliances (microwave, dishwasher, washer, dryer)listing
$3,700 new × 40% good × 1.53 allocation
$2,300
Furniture bought newlisting
$16,000 new × 100% good · bought separately
$16,000
Game-room equipment bought newlisting
$6,000 new × 100% good · bought separately
$6,000

15-year land improvements$22,900

Paving: driveway & walks (paved)default
$8,300 new × 60% good × 1.53 allocation
$7,600
Landscaping (typical)default
$8,000 new × 60% good × 1.53 allocation
$7,300
Patioslisting
$7,300 new × 60% good × 1.53 allocation
$6,700
Decks & porches (attached)default
$1,600 new × 50% good × 1.53 allocation
$1,200

Building, 39-year$301,200

Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$175,800 new × 83% good × 1.53 allocation
$223,600
Building plumbing & fixturesdefault
$18,200 new × 80% good × 1.53 allocation
$22,200
Building electrical & lightingdefault
$17,800 new × 80% good × 1.53 allocation
$21,700
HVACdefault
$18,300 new × 50% good × 1.53 allocation
$13,900
Hardwood & tile floorsdefault
$7,000 new × 60% good × 1.53 allocation
$6,400
Fireplacelisting
$2,600 new × 60% good × 1.53 allocation
$2,400
Septic systemlisting
$12,000 new × 60% good × 1.53 allocation
$11,000

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	$64,000	$22,900	$1,000	$87,800
2	$0	$0	$7,700	$7,700
3	$0	$0	$7,700	$7,700
4	$0	$0	$7,700	$7,700
5	$0	$0	$7,700	$7,700
6+	$0	$0	$269,400	$269,400
Total	$64,000	$22,900	$301,200	$388,100

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.