375 S Dream Catcher
Blue Ridge, GA 30513
$519,900
3 bd · 3 ba · 2,340 sqft · Listed 1d ago
View on Realtor.com →Year built
2004
Sqft
2,340
Lot sqft
67,518
HOA / mo
$75
Furnished
No
List date
2026-10-30T16:55:43.000000Z
Revenue
Annual revenue
$57,080
ADR
$305
Occupancy
51%
Cleaning fees (12 mo)
$11,703
Confidence
Low (33.69), 41 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $39,978
Moonlight Creek Cabin- PRIVATE MOUNTAIN CABIN- 5 mins to Downtown Blue Ridge
Cabin · 3 bd · 3 ba · sleeps 10 · 0.2 mi
Revenue $11,760ADR $295Occ ≈ 11%4.6★ (19)
Delisted
Bigfoot's Hideout
Vacation home · 3 bd · 2 ba · sleeps 6 · 0.3 mi
Revenue $11,817ADR $416Occ ≈ 8%—
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
A Point of View - Cozy, secluded, all paved roads Cabin
| 3 bd · 3.5 ba · sleeps 6 | $83,849 | $388 | 59% | 5★ (171) | 236 ft | AirbnbVrbo |
Cherokee Dreamer`s Den | Blue Ridge, GA Cabin
| 3 bd · 3 ba · sleeps 6 | $72,818 | $352 | 57% | 4.8★ (68) | 259 ft | AirbnbVrbo |
Hilltop Hideaway- EV Charger, HotTub, Game Room Cabin
| 3 bd · 3 ba · sleeps 8 | $83,293 | $347 | 66% | 5★ (21) | 354 ft | AirbnbVrboBooking |
Escape to Dream Catcher Cabin
| 3 bd · 3 ba · sleeps 8 | $54,828 | $316 | 48% | 4.8★ (8) | 469 ft | AirbnbVrboBooking |
Dream Catcher - Blue Ridge, GA Cabin
| 3 bd · 3.5 ba · sleeps 6 | $81,326 | $370 | 60% | 4.9★ (35) | 0.2 mi | AirbnbVrboBooking |
All Decked Out- Screened Porch | Outdoor Fireplace | Luxurious Hot Tub Cabin | 3 bd · 3 ba · sleeps 8 | $45,835 | $469 | 27% | 4.7★ (20) | 0.2 mi | AirbnbBooking |
Moonlight Creek Cabin- PRIVATE MOUNTAIN CABIN- 5 mins to Downtown Blue Ridge Cabin | 3 bd · 3 ba · sleeps 10 | $11,760 | $295 | 11% | 4.6★ (19) | 0.2 mi | Delisted |
Modern Mountain Cabin w/ Games & Outdoor Living Cabin
| 3 bd · 3 ba · sleeps 8 | $46,603 | $347 | 37% | 5★ (45) | 0.2 mi | AirbnbVrbo |
Mountain Dream’n- modern, dog friendly, hot tub House
| 3 bd · 2.5 ba · sleeps 8 | $122,679 | $408 | 82% | 5★ (44) | 0.3 mi | AirbnbVrbo |
Bigfoot's Hideout Vacation home | 3 bd · 2 ba · sleeps 6 | $11,817 | $416 | 8% | — | 0.3 mi | Booking |
Show 27 more
The Brantley Tranquil Escape
Cabin · 3 bd · 2 ba · sleeps 8 · 0.4 mi
Revenue $11,323ADR $277Occ ≈ 11%3.4★ (5)
❤️ Calico Cabin Mtn Views! Hot tub, Firepit, pets!
Cabin · 3 bd · 3.5 ba · sleeps 8 · 0.4 mi
Revenue $45,757ADR $278Occ ≈ 45%5★ (383)
Hidden Ridge Spa Retreat | Views, Hot Tub + Sauna
House · 3 bd · 2 ba · sleeps 6 · 0.5 mi
Revenue $2,197ADR $366Occ ≈ 2%—
Lucille's Creekside Hideaway
Cabin · 3 bd · 3 ba · sleeps 6 · 0.5 mi
- Hot tub
- A/C
- Wifi
- Kitchen
- +3
Revenue $3,354ADR $209Occ ≈ 4%4.6★ (59)
Creekside, family-friendly cabin w/ a private hot tub, game room, & firepit
Cabin · 3 bd · 3 ba · sleeps 6 · 0.6 mi
Revenue $21,532ADR $219Occ ≈ 27%4.5★ (80)
Delisted
Lofty Willow Lodge - Modern Mountain Home
House · 3 bd · 2 ba · sleeps 6 · 0.6 mi
Revenue $1,514ADR $302Occ ≈ 1%—
Delisted
The Squirrel's Nest
Cabin · 3 bd · 3 ba · sleeps 6 · 0.6 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +2
Revenue $6,993ADR $181Occ ≈ 11%5★ (6)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Babbling Brook - 10 Minutes Downtown Blue Ridge Cabin
| 3 bd · 2.5 ba · sleeps 6 | $60,403 | $339 | 49% | 4.8★ (38) | 0.3 mi | AirbnbVrboBooking |
Bigfoot's Hideout - Treehouse, Arcade, Hot Tub Cabin
| 3 bd · 2 ba · sleeps 6 | $13,371 | $334 | 11% | 4.2★ (6) | 0.3 mi | AirbnbVrbo |
Rustic Comfort Cabin
| 3 bd · 3 ba · sleeps 8 | $21,610 | $301 | 20% | 5★ (162) | 0.4 mi | AirbnbVrbo |
The Brantley Tranquil Escape Cabin | 3 bd · 2 ba · sleeps 8 | $11,323 | $277 | 11% | 3.4★ (5) | 0.4 mi | Airbnb |
Cabin in Blue Ridge with Hot Tub & Panoramic Views Cabin
| 3 bd · 3 ba · sleeps 8 | $77,118 | $279 | 76% | 5★ (194) | 0.4 mi | AirbnbVrbo |
❤️ Calico Cabin Mtn Views! Hot tub, Firepit, pets! Cabin | 3 bd · 3.5 ba · sleeps 8 | $45,757 | $278 | 45% | 5★ (383) | 0.4 mi | Airbnb |
Luxury cabin mins to downtown; sleeps 10 Cabin
| 3 bd · 3 ba · sleeps 10 | $35,255 | $356 | 27% | 4.8★ (247) | 0.4 mi | AirbnbVrboBooking |
Hot Tub + Mtn Views: Peaceful Blue Ridge Retreat! House
| 3 bd · 3.5 ba · sleeps 6 | $14,336 | $212 | 19% | 5★ (137) | 0.4 mi | AirbnbVrboBooking |
Mountain Views Private Deck |5 min to Town|Games! Cabin
| 3 bd · 3 ba · sleeps 8 | $52,178 | $274 | 52% | 5★ (121) | 0.5 mi | AirbnbVrbo |
Luxury Cabin Minutes to DWTN Blue Ridge All Paved Cabin
| 3 bd · 3 ba · sleeps 10 | $21,428 | $329 | 18% | 4.8★ (157) | 0.5 mi | AirbnbVrbo |
Mountain Solace- Pets OK, Arcade Games, Hot Tub Cabin
| 3 bd · 3 ba · sleeps 9 | $68,641 | $408 | 46% | 5★ (10) | 0.5 mi | AirbnbVrbo |
Luxury Mountain View Cabin with Jacuzzi Cabin
| 3 bd · 3 ba · sleeps 6 | $59,695 | $320 | 51% | 5★ (143) | 0.5 mi | AirbnbVrbo |
Hidden Ridge Spa Retreat | Views, Hot Tub + Sauna House | 3 bd · 2 ba · sleeps 6 | $2,197 | $366 | 2% | — | 0.5 mi | Airbnb |
Family Mountain Retreat | Hot Tub, Games & Views Cabin
| 3 bd · 3 ba · sleeps 10 | $64,508 | $301 | 59% | 4.9★ (172) | 0.5 mi | AirbnbVrbo |
Picabo Cabin Getaway Cabin
| 3 bd · 3 ba · sleeps 6 | $27,178 | $217 | 34% | 4.5★ (167) | 0.5 mi | AirbnbVrboBooking |
Lucille's Creekside Hideaway Cabin
| 3 bd · 3 ba · sleeps 6 | $3,354 | $209 | 4% | 4.6★ (59) | 0.5 mi | Airbnb |
Creekside, family-friendly cabin w/ a private hot tub, game room, & firepit Cabin | 3 bd · 3 ba · sleeps 6 | $21,532 | $219 | 27% | 4.5★ (80) | 0.6 mi | Delisted |
Tondelia- Master on Main, Indoor Hot Tub, Mtn View Cabin
| 3 bd · 3.5 ba · sleeps 8 | $38,652 | $319 | 33% | 4.7★ (13) | 0.6 mi | AirbnbVrboBooking |
Lofty Willow Lodge - Modern Mountain Home House | 3 bd · 2 ba · sleeps 6 | $1,514 | $302 | 1% | — | 0.6 mi | Delisted |
Mountain Views | Fireplace Deck | Game Room Cabin
| 3 bd · 3 ba · sleeps 7 | $51,337 | $340 | 41% | 5★ (33) | 0.6 mi | AirbnbVrboBooking |
Blue Ridge Vista: Mtn Views • Hot-Tub • Mins to DT Cabin
| 3 bd · 2.5 ba · sleeps 8 | $106,086 | $380 | 76% | 5★ (67) | 0.6 mi | AirbnbVrbo |
Family Retreat - Sauna, Hot tub, Views, Game Rm House
| 3 bd · 3 ba · sleeps 10 | $79,636 | $326 | 67% | 4.9★ (82) | 0.6 mi | AirbnbVrbo |
The Squirrel's Nest Cabin
| 3 bd · 3 ba · sleeps 6 | $6,993 | $181 | 11% | 5★ (6) | 0.6 mi | Airbnb |
The Sanctuary in Blue, Long Range Mountain Views Cabin
| 3 bd · 3 ba · sleeps 8 | $39,978 | $331 | 33% | 5★ (64) | 0.7 mi | AirbnbVrboBooking |
Singing Pines- Mtn Views, Close to Town, Hot Tub Cabin
| 3 bd · 2.5 ba · sleeps 6 | $38,981 | $348 | 31% | 4.2★ (5) | 0.7 mi | AirbnbVrboBooking |
Hidden Moose Retreat Cabin
| 3 bd · 2 ba · sleeps 6 | $20,856 | $209 | 27% | 4.9★ (55) | 0.7 mi | AirbnbVrbo |
Blueberry Hill - S’mores & Soaks by Starlight Cabin | 3 bd · 3 ba · sleeps 8 | $39,001 | $329 | 32% | 4.8★ (11) | 0.7 mi | AirbnbBooking |
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 7.99% = 7.24% Freddie Mac 30-yr avg (Oct 29) + 0.75% investor premium
Est. revenue
$57,080
NOI
$27,902
Cash flow /mo
-$533
Cash needed
$176,271
Cash-on-cash
-3.6%
ROE (yr 1)
7.1%
Cap rate
5.4%
DSCR
0.81
Year-1 write-off
$124,721
Year-1 tax shield @ 32%
$39,911
Year-1 return on equity
- Cash flow (annual)-$6,399
- Principal paydown$3,264
- Appreciation at%$15,597
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)$11,416
- Platform fees (3% of revenue)$1,712
- Maintenance / capex (5% of revenue)$2,854
- Utilities & supplies$4,200
- HOA$900
- Property tax$2,559
- Insurance (STR-rated)$5,537
Cash needed to close
- Down payment (25%)$129,975
- Closing costs (4.0%)$20,796
- Furnishing (bought new)$25,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$39,911
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
$479,000
Short-life (5/15-yr)
$99,000 · 21%
Year-1 deduction
$125,000
Year-1 tax shield @ 32%
$40,000
Land 8% (county tax record, market value split) · building $380,000 over 39 years · new furniture $26,000
Based on: 2,340 sq ft, built 2004, 3 bd / 3 ba, unfurnished, listing features (hot tub, deck, patio, game room, fireplace, stone counters, flooring types, appliance list, septic).
Try the cost segregation calculator on any property →
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.
- $7,700
Kitchen cabinetsdefault
$10,900 new × 40% good × 1.76 allocation
- $7,900
Kitchen countertops (stone)listing
$11,200 new × 40% good × 1.76 allocation
- $2,900
Decorative trimdefault
$4,100 new × 40% good × 1.76 allocation
- $300
Mirrorsdefault
$500 new × 40% good × 1.76 allocation
- $800
Shelvingdefault
$1,200 new × 40% good × 1.76 allocation
- $4,100
Window coverings (23)default
$5,800 new × 40% good × 1.76 allocation
- $8,400
Kitchen & laundry equipment plumbingdefault
$8,500 new × 56% good × 1.76 allocation
- $5,100
Kitchen, laundry & data equipment electricaldefault
$5,100 new × 56% good × 1.76 allocation
- $5,400
Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing
$7,700 new × 40% good × 1.76 allocation
- $6,300
Hot tub (freestanding)listing
$9,000 new × 40% good × 1.76 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
- $8,800
Paving: driveway & walks (paved)default
$10,000 new × 50% good × 1.76 allocation
- $8,500
Landscaping (typical)default
$9,600 new × 50% good × 1.76 allocation
- $9,300
Patioslisting
$10,500 new × 50% good × 1.76 allocation
- $23,200
Decks & porches (attached)listing
$26,300 new × 50% good × 1.76 allocation
- $283,800
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$254,000 new × 63% good × 1.76 allocation
- $26,000
Building plumbing & fixturesdefault
$26,400 new × 56% good × 1.76 allocation
- $26,600
Building electrical & lightingdefault
$26,900 new × 56% good × 1.76 allocation
- $18,600
HVACdefault
$26,400 new × 40% good × 1.76 allocation
- $10,600
Hardwood & tile floorsdefault
$15,100 new × 40% good × 1.76 allocation
- $3,700
Fireplaces (2)listing
$5,300 new × 40% good × 1.76 allocation
- $10,600
Septic systemlisting
$12,000 new × 50% good × 1.76 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $74,500 | $49,900 | $400 | $124,700 |
| 2 | $0 | $0 | $9,700 | $9,700 |
| 3 | $0 | $0 | $9,700 | $9,700 |
| 4 | $0 | $0 | $9,700 | $9,700 |
| 5 | $0 | $0 | $9,700 | $9,700 |
| 6+ | $0 | $0 | $340,500 | $340,500 |
| Total | $74,500 | $49,900 | $379,900 | $504,200 |
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.