1052 Green Ridge Rd
Blue Ridge, GA 30513
$624,900
3 bd · 2 ba · 1,728 sqft · Listed 1d ago
View on Realtor.com →Year built
1988
Sqft
1,728
Lot sqft
20,038
HOA / mo
None
Furnished
Yes
List date
2026-10-15T15:41:03.000000Z
Revenue
Annual revenue
$49,008
ADR
$288
Occupancy
47%
Cleaning fees (12 mo)
$9,211
Confidence
Low (49.83), 21 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $37,609
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
 Sunset Ridge in Aska Adventure Area Cabin
| 3 bd · 3 ba · sleeps 8 | $68,013 | $310 | 60% | 4.9★ (169) | 518 ft | AirbnbVrbo |
 The Looking Glass - pets-view-fireplaces-hot tub Cabin
| 3 bd · 3 ba · sleeps 8 | $34,552 | $288 | 33% | 4.9★ (8) | 0.2 mi | AirbnbVrbo |
 Great Views-Hot Tub- Pool Table-Wi-Fi-Firepit-Wifi Cabin
| 3 bd · 3 ba · sleeps 10 | $31,578 | $284 | 30% | 4.8★ (22) | 0.2 mi | AirbnbVrboBooking |
 Askaway Retreat Cabin
| 3 bd · 3 ba · sleeps 6 | $20,986 | $336 | 17% | 5★ (114) | 0.3 mi | AirbnbVrbo |
 Adventure Us- Aska Area, Lake Views, Dog Friendly Cabin
| 3 bd · 3 ba · sleeps 8 | $61,773 | $346 | 49% | 4.7★ (16) | 0.3 mi | AirbnbVrboBooking |
 Majestic Views| Luxury | Aska Adventure | Games Cabin | 3 bd · 3 ba · sleeps 10 | $74,152 | $413 | 49% | 4.8★ (77) | 0.4 mi | AirbnbVrbo |
 Lake Blue Ridge Cabin by the Chatahoochie Forest Cabin | 3 bd · 2 ba · sleeps 6 | $38,695 | $224 | 47% | 4.8★ (135) | 0.4 mi | AirbnbVrboBooking |
 Bent Tree- Pet Friendly, Lake View Cabin | 3 bd · 3 ba · sleeps 8 | $37,609 | $326 | 32% | 4.6★ (20) | 0.5 mi | AirbnbVrboBooking |
 Recharge & Celebrate | Hot Tub&Cozy Mountain Views Cabin
| 3 bd · 3 ba · sleeps 7 | $71,798 | $289 | 68% | 5★ (213) | 0.5 mi | AirbnbVrbo |
 The Day Hike- Pets OK, Mtn View, Hiking Trails Cabin | 3 bd · 3 ba · sleeps 6 | $27,750 | $327 | 23% | 4.8★ (4) | 0.5 mi | AirbnbVrbo |
Show 11 more
Breathtaking views from every angle.
Cabin · 3 bd · 3 ba · sleeps 8 · 0.6 mi
Revenue $23,607ADR $459Occ ≈ 14%5★ (67)
Just up the mountain from Aska wedding venue
Cabin · 3 bd · 3 ba · sleeps 8 · 0.6 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +3
Revenue $26,832ADR $610Occ ≈ 12%5★ (5)
Darby’s Ridge View Hiking Trail to Lake Game Room
Cabin · 3 bd · 3 ba · sleeps 8 · 0.7 mi
Revenue $8,631ADR $359Occ ≈ 7%5★
Million Dollar Mountain View w/ ALL the Amenities
Cabin · 3 bd · 2 ba · sleeps 6 · 0.8 mi
Revenue $13,940ADR $211Occ ≈ 18%—
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Darby’s Ridge - view, pet friendly, hot tub Cabin | 3 bd · 3 ba · sleeps 8 | $63,974 | $369 | 47% | 5★ (6) | 0.5 mi | AirbnbVrbo |
Darby's Ridge• Mountain Views• 3 King beds•Hot Tub Cabin | 3 bd · 3 ba · sleeps 8 | $71,692 | $385 | 51% | 5★ (41) | 0.5 mi | AirbnbVrboBooking |
Hiking, Mountain Views, Modern-The Day Hike Cabin | 3 bd · 3 ba · sleeps 6 | $67,383 | $334 | 55% | 5★ (75) | 0.6 mi | AirbnbVrbo |
Up The Creek - Blue Ridge GA Cabin
| 3 bd · 3 ba · sleeps 8 | $45,188 | $322 | 38% | 5★ (3) | 0.6 mi | AirbnbVrbo |
Breathtaking views from every angle. Cabin | 3 bd · 3 ba · sleeps 8 | $23,607 | $459 | 14% | 5★ (67) | 0.6 mi | Airbnb |
Just up the mountain from Aska wedding venue Cabin
| 3 bd · 3 ba · sleeps 8 | $26,832 | $610 | 12% | 5★ (5) | 0.6 mi | Airbnb |
LAKE BR VIEW & ACCESS. HOT TUB, PROJECTOR POOL TBL Cabin | 3 bd · 2 ba · sleeps 6 | $61,511 | $285 | 59% | 4.8★ (311) | 0.6 mi | AirbnbVrbo |
Cabin with lake+mountain views, hot tub+fire pit Cabin | 3 bd · 3 ba · sleeps 8 | $35,819 | $270 | 36% | 5★ (9) | 0.7 mi | AirbnbVrboBooking |
Darby’s Ridge View Hiking Trail to Lake Game Room Cabin | 3 bd · 3 ba · sleeps 8 | $8,631 | $359 | 7% | 5★ | 0.7 mi | Vrbo |
Blue Ridge cabin Duckin Out minutes to everything! Cabin | 3 bd · 2 ba · sleeps 7 | $17,578 | $253 | 19% | 4.9★ (52) | 0.7 mi | AirbnbVrbo |
Million Dollar Mountain View w/ ALL the Amenities Cabin | 3 bd · 2 ba · sleeps 6 | $13,940 | $211 | 18% | — | 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 8.15% = 7.40% Freddie Mac 30-yr avg (Oct 15) + 0.75% investor premium
Est. revenue
$49,008
NOI
$23,463
Cash flow /mo
-$1,533
Cash needed
$181,221
Cash-on-cash
-10.2%
ROE (yr 1)
2.3%
Cap rate
3.8%
DSCR
0.56
Year-1 write-off
$128,873
Year-1 tax shield @ 32%
$41,239
Year-1 return on equity
- Cash flow (annual)-$18,395
- Principal paydown$3,800
- Appreciation at%$18,747
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)$9,802
- Platform fees (3% of revenue)$1,470
- Maintenance / capex (5% of revenue)$2,450
- Utilities & supplies$4,200
- HOA$0
- Property tax$968
- Insurance (STR-rated)$6,655
Cash needed to close
- Down payment (25%)$156,225
- Closing costs (4.0%)$24,996
- Furnishing (conveyed with the sale)$0
Tax savings if the STR loophole applies
- Tax shield @ 32%$41,239
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
$542,000
Short-life (5/15-yr)
$128,000 · 24%
Year-1 deduction
$129,000
Year-1 tax shield @ 32%
$41,000
Land 13% (county tax record, market value split) · building $414,000 over 39 years
Based on: 1,728 sq ft, built 1988, 3 bd / 2 ba, furnished, listing features (hot tub, fireplace, flooring types, septic).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $93,000 in year 1 (17% short-life, $30,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $14,300
Kitchen cabinetsdefault
$9,600 new × 40% good × 3.74 allocation
- $11,700
Kitchen countertopsdefault
$7,800 new × 40% good × 3.74 allocation
- $4,500
Decorative trimdefault
$3,000 new × 40% good × 3.74 allocation
- $400
Mirrorsdefault
$300 new × 40% good × 3.74 allocation
- $1,800
Shelvingdefault
$1,200 new × 40% good × 3.74 allocation
- $6,400
Window coverings (17)default
$4,300 new × 40% good × 3.74 allocation
- $11,200
Kitchen & laundry equipment plumbingdefault
$7,500 new × 40% good × 3.74 allocation
- $6,700
Kitchen, laundry & data equipment electricaldefault
$4,500 new × 40% good × 3.74 allocation
- $12,100
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default
$8,100 new × 40% good × 3.74 allocation
- $13,500
Hot tub (freestanding)listing
$9,000 new × 40% good × 3.74 allocation
- $7,800
Furniture conveyed with the sale (used)listing
$19,500 new × 40% good · out of the price
- $16,100
Paving: driveway & walks (paved)default
$8,600 new × 50% good × 3.74 allocation
- $15,500
Landscaping (typical)default
$8,300 new × 50% good × 3.74 allocation
- $3,200
Patiosdefault
$1,700 new × 50% good × 3.74 allocation
- $3,200
Decks & porches (attached)default
$1,700 new × 50% good × 3.74 allocation
- $280,100
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$187,300 new × 40% good × 3.74 allocation
- $29,100
Building plumbing & fixturesdefault
$19,400 new × 40% good × 3.74 allocation
- $28,700
Building electrical & lightingdefault
$19,200 new × 40% good × 3.74 allocation
- $29,100
HVACdefault
$19,500 new × 40% good × 3.74 allocation
- $16,600
Hardwood & tile floorsdefault
$11,100 new × 40% good × 3.74 allocation
- $7,900
Fireplaces (2)listing
$5,300 new × 40% good × 3.74 allocation
- $22,400
Septic systemlisting
$12,000 new × 50% good × 3.74 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $90,500 | $38,000 | $400 | $128,900 |
| 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 | $370,900 | $370,900 |
| Total | $90,500 | $38,000 | $413,800 | $542,300 |
The building's share of the price ($534,000) is 3.7x our depreciated replacement cost of the home ($143,000). 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: 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.