1205 Newport Dr
Ellijay, GA 30540
$349,900
3 bd · 3 ba · 2,284 sqft · Listed 1d ago
View on Realtor.com →Year built
2006
Sqft
2,284
Lot sqft
34,848
HOA / mo
None
Furnished
No
List date
2026-10-05T12:09:18.000000Z
Revenue
Annual revenue
$41,913
ADR
$238
Occupancy
48%
Cleaning fees (12 mo)
$9,426
Confidence
Low (43.76), 37 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $33,347
Spacious riverfront home with private dock, firepit & scenic outdoor space
House · 3 bd · 2 ba · sleeps 6 · 0.3 mi
Revenue $18,607ADR $221Occ ≈ 23%4.8★ (4)
Patagonia on the River
House · 3 bd · 2 ba · sleeps 6 · 0.3 mi
- A/C
- Free parking
- Pets OK
- Wifi
- +4
Revenue $6,865ADR $187Occ ≈ 10%4.7★ (3)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Mountain Bliss: Hot Tub, Fire Pit, Game Room & Vie Cabin | 3 bd · 3 ba · sleeps 10 | $33,347 | $417 | 22% | 4.9★ (71) | 0.1 mi | AirbnbVrboBooking |
River Resort | Hot Tub + Game Room + Fenced Yard Cabin
| 3 bd · 3 ba · sleeps 10 | $1,689 | $271 | 2% | 5★ (1) | 0.1 mi | AirbnbVrboBooking |
Bamby Bungalow. Family and Pet Getaway. Fenced yrd Cabin
| 3 bd · 2 ba · sleeps 8 | $53,766 | $223 | 66% | 5★ (150) | 0.1 mi | AirbnbVrbo |
Fun Octagon Cabin on Double Lot! Hot Tub, Firepit! Cabin
| 3 bd · 2 ba · sleeps 8 | $50,748 | $257 | 54% | 5★ (116) | 0.3 mi | AirbnbVrbo |
Spacious riverfront home with private dock, firepit & scenic outdoor space House | 3 bd · 2 ba · sleeps 6 | $18,607 | $221 | 23% | 4.8★ (4) | 0.3 mi | Vrbo |
Patagonia on the River House
| 3 bd · 2 ba · sleeps 6 | $6,865 | $187 | 10% | 4.7★ (3) | 0.3 mi | Airbnb |
S'mours & Pours House
| 3 bd · 3.5 ba · sleeps 8 | $7,993 | $263 | 8% | 5★ (8) | 0.3 mi | AirbnbVrbo |
3 King Bed Retreat with Hot Tub, near Downtown LIJ House
| 3 bd · 2 ba · sleeps 6 | $29,127 | $321 | 25% | 5★ (76) | 0.4 mi | AirbnbVrbo |
Deer Haven Bungalow- Pet friendly, hot tub Cabin | 3 bd · 3 ba · sleeps 6 | $44,296 | $247 | 49% | 4.8★ (14) | 0.4 mi | AirbnbVrboBooking |
3 br Family friendly cabin Cabin | 3 bd · 2 ba · sleeps 8 | $9,077 | $229 | 11% | 4.6★ (23) | 0.4 mi | AirbnbVrbo |
Show 25 more
Deer Watch Retreat, Hot tub & Billiards, Ellijay
House · 3 bd · 3 ba · sleeps 8 · 0.5 mi
- Hot tub
- Pool
- A/C
- Free parking
- +6
Revenue $30,159ADR $283Occ ≈ 29%5★ (15)
Coosawatee River Resort -Sauna/Hot Tub/Dogs okay!
Cabin · 3 bd · 3 ba · sleeps 8 · 0.5 mi
Revenue $24,187ADR $329Occ ≈ 20%5★ (4)
Riverfront cabin, Game Room, Hot tub, Private
Cabin · 3 bd · 2.5 ba · sleeps 10 · 0.5 mi
Revenue $9,288ADR $398Occ ≈ 6%4.8★ (69)
Hilltop Hideaway
House · 3 bd · 2 ba · sleeps 6 · 0.5 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +3
Revenue $28,505ADR $144Occ ≈ 54%4.7★ (16)
Wilderness-themed retreat with community amenities, private hot tub, & fireplace
House · 3 bd · 2 ba · sleeps 6 · 0.7 mi
Revenue $29,875ADR $189Occ ≈ 43%1★ (1)
R & R River | No Pet Fees | Sleeps 6 | Coosawattee | pool table | sauna
Cabin · 3 bd · 3 ba · sleeps 6 · 0.7 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +6
Revenue $51,979ADR $314Occ ≈ 45%4.8★ (107)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Spacious Cabin • Hot Tub, Fire Pit, Dogs OK Cabin
| 3 bd · 2 ba · sleeps 10 | $41,941 | $406 | 28% | 4.9★ (39) | 0.4 mi | AirbnbVrbo |
Riversong Hot Tub Theater Game Room Resort Access Cabin
| 3 bd · 3.5 ba · sleeps 10 | $39,633 | $277 | 39% | 5★ (73) | 0.4 mi | AirbnbVrbo |
Deer Watch Retreat, Hot tub & Billiards, Ellijay House
| 3 bd · 3 ba · sleeps 8 | $30,159 | $283 | 29% | 5★ (15) | 0.5 mi | Airbnb |
Fully-Fenced w/Pool & Resort Access, Pet-Friendly Cabin
| 3 bd · 2.5 ba · sleeps 8 | $38,089 | $289 | 36% | 5★ (97) | 0.5 mi | AirbnbVrboBooking |
Private Riverside Cabin Cabin
| 3 bd · 2 ba · sleeps 8 | $62,726 | $250 | 69% | 4.9★ (170) | 0.5 mi | AirbnbVrbo |
Enchanted Deer - Hot Tub, Fire Pit, Pet Friendly Cabin | 3 bd · 3 ba · sleeps 6 | $42,114 | $263 | 44% | 5★ (44) | 0.5 mi | AirbnbVrboBooking |
Coosawatee River Resort -Sauna/Hot Tub/Dogs okay! Cabin | 3 bd · 3 ba · sleeps 8 | $24,187 | $329 | 20% | 5★ (4) | 0.5 mi | Airbnb |
Riverfront cabin, Game Room, Hot tub, Private Cabin | 3 bd · 2.5 ba · sleeps 10 | $9,288 | $398 | 6% | 4.8★ (69) | 0.5 mi | Airbnb |
Hilltop Hideaway House
| 3 bd · 2 ba · sleeps 6 | $28,505 | $144 | 54% | 4.7★ (16) | 0.5 mi | Airbnb |
Modern Chic Cabin - Blue Ridge-Hot Tub & Game Room Cabin
| 3 bd · 2.5 ba · sleeps 7 | $67,995 | $330 | 56% | 5★ (54) | 0.5 mi | AirbnbBooking |
Deer Run | Coosawattee Resort Amenities Cabin | 3 bd · 3 ba · sleeps 6 | $26,463 | $269 | 27% | 5★ (39) | 0.6 mi | AirbnbVrbo |
Alpine Mountain-Full Fenced yard, privacy, hot tub Cabin
| 3 bd · 3 ba · sleeps 6 | $32,033 | $235 | 37% | 4.8★ (7) | 0.6 mi | AirbnbVrbo |
Honey Bear Hideaway - Private. New Hot Tub. Cabin
| 3 bd · 3 ba · sleeps 7 | $23,632 | $185 | 35% | 5★ (13) | 0.6 mi | AirbnbVrbo |
Quiet Hideaway with Firepit, Pool, Fireplace! Cabin
| 3 bd · 3.5 ba · sleeps 8 | $21,317 | $237 | 25% | 5★ (42) | 0.6 mi | AirbnbVrbo |
River Nest: large hot tub+kayaks+tubes+EV charger Cabin | 3 bd · 2.5 ba · sleeps 8 | $65,022 | $413 | 43% | 5★ (49) | 0.6 mi | AirbnbVrbo |
The Cabin On Faraday | Ellijay, GA Cabin
| 3 bd · 3.5 ba · sleeps 8 | $61,074 | $417 | 40% | 4.8★ (50) | 0.6 mi | AirbnbVrbo |
Epic Mtn Views! Hot Tub, Spacious Decks, Game Room Cabin
| 3 bd · 3 ba · sleeps 9 | $80,307 | $315 | 70% | 5★ (96) | 0.7 mi | AirbnbVrbo |
Bearly Behaving Cabin
| 3 bd · 2 ba · sleeps 8 | $67,271 | $277 | 67% | 5★ (47) | 0.7 mi | AirbnbVrbo |
Wilderness-themed retreat with community amenities, private hot tub, & fireplace House | 3 bd · 2 ba · sleeps 6 | $29,875 | $189 | 43% | 1★ (1) | 0.7 mi | Vrbo |
Bear Hug Lodge Stays House
| 3 bd · 2 ba · sleeps 6 | $11,758 | $257 | 13% | 4★ (13) | 0.7 mi | AirbnbVrboBooking |
Coosawattee River Resort Home Mins from Blue Ridge Cabin
| 3 bd · 3.5 ba · sleeps 8 | $24,294 | $226 | 29% | 4.7★ (96) | 0.7 mi | AirbnbVrboBooking |
R & R River | No Pet Fees | Sleeps 6 | Coosawattee | pool table | sauna Cabin
| 3 bd · 3 ba · sleeps 6 | $51,979 | $314 | 45% | 4.8★ (107) | 0.7 mi | Vrbo |
River Front- Pet Friendly-Close to Wineries Cabin | 3 bd · 2 ba · sleeps 6 | $36,794 | $301 | 33% | 4.8★ (72) | 0.7 mi | AirbnbVrbo |
Casa Del Rio | Ellijay, Georgia Cabin
| 3 bd · 2 ba · sleeps 6 | $48,294 | $329 | 40% | 4.9★ (33) | 0.7 mi | AirbnbVrbo |
Fireplaces*Firepit*Hot Tub Lounge Deck*Game Room Cabin
| 3 bd · 3 ba · sleeps 10 | $55,221 | $296 | 51% | 4.9★ (131) | 0.7 mi | AirbnbVrbo |
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
Est. revenue
$41,913
NOI
$19,364
Cash flow /mo
$1,614
Cash needed
$389,396
Cash-on-cash (all cash)
5.0%
ROE (yr 1)
7.7%
Cap rate
5.5%
DSCR
—
Year-1 write-off
$81,716
Year-1 tax shield @ 32%
$26,149
Year-1 return on equity
- Cash flow (annual)$19,364
- Principal paydown (n/a, cash)$0
- Appreciation at%$10,497
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)$8,383
- Platform fees (3% of revenue)$1,257
- Maintenance / capex (5% of revenue)$2,096
- Utilities & supplies$4,200
- HOA$0
- Property tax$2,834
- Insurance (STR-rated)$3,779
Cash needed to close
- Purchase price (all cash)$349,900
- Closing costs (4.0%)$13,996
- Furnishing (bought new)$25,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$26,149
No county tax record split for property tax, insurance rate and the land/building split, so those use market defaults — edit the price above; 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
$297,000
Short-life (5/15-yr)
$56,000 · 19%
Year-1 deduction
$82,000
Year-1 tax shield @ 32%
$26,000
Land 15% (market default, no usable tax-record split) · building $241,000 over 39 years · new furniture $26,000
Based on: 2,284 sq ft, built 2006, 3 bd / 3 ba, unfurnished, listing features (deck, game room, fireplace, flooring types, appliance list, septic).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $56,000 in year 1 (10% short-life, $18,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $4,800
Kitchen cabinetsdefault
$10,800 new × 40% good × 1.11 allocation
- $3,900
Kitchen countertopsdefault
$8,800 new × 40% good × 1.11 allocation
- $1,800
Decorative trimdefault
$4,000 new × 40% good × 1.11 allocation
- $200
Mirrorsdefault
$500 new × 40% good × 1.11 allocation
- $500
Shelvingdefault
$1,200 new × 40% good × 1.11 allocation
- $2,600
Window coverings (23)default
$5,800 new × 40% good × 1.11 allocation
- $3,300
Carpet, vinyl & laminate (50% of floors)listing
$7,300 new × 40% good × 1.11 allocation
- $5,600
Kitchen & laundry equipment plumbingdefault
$8,400 new × 60% good × 1.11 allocation
- $3,400
Kitchen, laundry & data equipment electricaldefault
$5,100 new × 60% good × 1.11 allocation
- $3,400
Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing
$7,700 new × 40% good × 1.11 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
- $5,500
Paving: driveway & walks (paved)default
$9,900 new × 50% good × 1.11 allocation
- $5,300
Landscaping (typical)default
$9,500 new × 50% good × 1.11 allocation
- $1,300
Patiosdefault
$2,300 new × 50% good × 1.11 allocation
- $14,300
Decks & porches (attached)listing
$25,700 new × 50% good × 1.11 allocation
- $184,100
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$247,900 new × 67% good × 1.11 allocation
- $17,200
Building plumbing & fixturesdefault
$25,700 new × 60% good × 1.11 allocation
- $17,500
Building electrical & lightingdefault
$26,200 new × 60% good × 1.11 allocation
- $11,500
HVACdefault
$25,700 new × 40% good × 1.11 allocation
- $3,300
Hardwood & tile floorsdefault
$7,300 new × 40% good × 1.11 allocation
- $1,200
Fireplacelisting
$2,600 new × 40% good × 1.11 allocation
- $6,700
Septic systemlisting
$12,000 new × 50% good × 1.11 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $55,100 | $26,400 | $300 | $81,700 |
| 2 | $0 | $0 | $6,200 | $6,200 |
| 3 | $0 | $0 | $6,200 | $6,200 |
| 4 | $0 | $0 | $6,200 | $6,200 |
| 5 | $0 | $0 | $6,200 | $6,200 |
| 6+ | $0 | $0 | $216,400 | $216,400 |
| Total | $55,100 | $26,400 | $241,500 | $322,900 |
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.