642 Oneida Cir
Ellijay, GA 30540
$449,900
3 bd · 3 ba · 2,064 sqft · Listed 1d ago
View on Realtor.com →Year built
2002
Sqft
2,064
Lot sqft
32,670
HOA / mo
None
Furnished
No
List date
2026-10-02T13:45:19.000000Z
Revenue
Annual revenue
$33,727
ADR
$197
Occupancy
47%
Cleaning fees (12 mo)
$6,249
Confidence
Low (45.35), 29 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $30,180
Welcome to Whiskey Woods *Hot Tub* *Resort Pools*
Cabin · 3 bd · 3.5 ba · sleeps 10 · 0.2 mi
Revenue $36,249ADR $266Occ ≈ 37%4.8★ (14)
Unique mountain getaway! Hot tub, game room, year round community pool!
House · 3 bd · 2 ba · sleeps 6 · 0.2 mi
Revenue $10,226ADR $224Occ ≈ 13%4.9★ (20)
Chicken Coop | No Pet Fees | Sleeps 6 | large fenced yard| Paved Roads
Cabin · 3 bd · 3 ba · sleeps 6 · 0.3 mi
Revenue $68,825ADR $311Occ ≈ 61%5★ (17)
Mountain cabin with WiFi, fireplace, shared pools, game room, tennis, & gym
Cabin · 3 bd · 3 ba · sleeps 10 · 0.3 mi
Revenue $27,211ADR $159Occ ≈ 47%4.6★ (10)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Wandering Bear's Den House | 3 bd · 2 ba · sleeps 6 | $13,878 | $184 | 21% | 4.3★ (29) | 0.2 mi | AirbnbVrbo |
Welcome to Whiskey Woods *Hot Tub* *Resort Pools* Cabin | 3 bd · 3.5 ba · sleeps 10 | $36,249 | $266 | 37% | 4.8★ (14) | 0.2 mi | Airbnb |
2025 BUILT*Family Friendly*Game Rm*Fire Pit*5 TV's House | 3 bd · 2.5 ba · sleeps 8 | $27,879 | $237 | 32% | 5★ (7) | 0.2 mi | AirbnbVrbo |
Unique mountain getaway! Hot tub, game room, year round community pool! House | 3 bd · 2 ba · sleeps 6 | $10,226 | $224 | 13% | 4.9★ (20) | 0.2 mi | Vrbo |
New Listing-Community Amenities-Prime Location House | 3 bd · 3 ba · sleeps 6 | $7,506 | $163 | 13% | 5★ (1) | 0.3 mi | AirbnbVrbo |
Trapper View Lodge | Lush Cabin Cabin | 3 bd · 3 ba · sleeps 6 | $40,180 | $296 | 37% | 4.8★ (48) | 0.3 mi | AirbnbVrbo |
Chicken Coop | No Pet Fees | Sleeps 6 | large fenced yard| Paved Roads Cabin | 3 bd · 3 ba · sleeps 6 | $68,825 | $311 | 61% | 5★ (17) | 0.3 mi | Vrbo |
Fully Fenced Backyard for Pets/ Outdoor Pools Cabin | 3 bd · 3 ba · sleeps 8 | $59,713 | $262 | 62% | 4.9★ (49) | 0.3 mi | AirbnbVrbo |
Peaceful, screened porch, hot tub, firepit, grill Cabin | 3 bd · 3 ba · sleeps 6 | $47,408 | $192 | 68% | 5★ (52) | 0.3 mi | AirbnbVrbo |
Mountain cabin with WiFi, fireplace, shared pools, game room, tennis, & gym Cabin | 3 bd · 3 ba · sleeps 10 | $27,211 | $159 | 47% | 4.6★ (10) | 0.3 mi | Vrbo |
Show 18 more
Four Winds Lodge & Hot Tub and Community Pool
Cabin · 3 bd · 2 ba · sleeps 6 · 0.4 mi
Revenue $9,660ADR $153Occ ≈ 17%4.9★ (213)
North Georgia Mountain Cabin
Cabin · 3 bd · 3 ba · sleeps 6 · 0.6 mi
Revenue $31,039ADR $297Occ ≈ 29%5★ (7)
Mountain Resort Cabin, Private, screened porch overlooking wide peaceful creek.
Cabin · 3 bd · 2 ba · sleeps 8 · 0.7 mi
Revenue $15,738ADR $245Occ ≈ 18%5★ (247)
Ellijay Cardinal Cabin Retreat in River Resort + Full Amenities & Nature Access
House · 3 bd · 3 ba · sleeps 8 · 0.7 mi
Revenue $36,274ADR $223Occ ≈ 45%5★ (1)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
5-Star,Gated River Resort,Dog friendly, Hot Tub! Cabin | 3 bd · 3 ba · sleeps 10 | $65,025 | $296 | 60% | 5★ (81) | 0.4 mi | AirbnbVrbo |
Cozy Mountain Cabin hot tub, fire pit, hiking House | 3 bd · 2 ba · sleeps 6 | $30,865 | $238 | 36% | 4.8★ (63) | 0.4 mi | AirbnbVrboBooking |
Hot Tub & Movie Room: Updated Cabin in Ellijay! Cabin | 3 bd · 3 ba · sleeps 9 | $31,494 | $239 | 36% | 5★ (32) | 0.4 mi | AirbnbVrboBooking |
Four Winds Lodge & Hot Tub and Community Pool Cabin | 3 bd · 2 ba · sleeps 6 | $9,660 | $153 | 17% | 4.9★ (213) | 0.4 mi | Airbnb |
Dolche Vita Chalet A great place to stay. Cabin | 3 bd · 3 ba · sleeps 8 | $1,154 | $577 | 1% | 5★ (11) | 0.4 mi | AirbnbVrbo |
Rustic Cabin Escape in Gilmer County House | 3 bd · 2.5 ba · sleeps 8 | $10,299 | $344 | 8% | — | 0.4 mi | AirbnbVrbo |
2 Kings-Dog Friendly-Hot Cocoa-Walk to Rec Center! Cabin | 3 bd · 2 ba · sleeps 6 | $25,135 | $232 | 30% | 5★ (10) | 0.5 mi | AirbnbVrbo |
Fall Cabin: Hot Tub | Fire Pit | Hikes | Wineries Cabin | 3 bd · 2.5 ba · sleeps 8 | $32,912 | $253 | 36% | 5★ (42) | 0.5 mi | AirbnbVrboBooking |
Walking distance to Pool & Rec Cntr! Apple Country Cabin | 3 bd · 2 ba · sleeps 6 | $31,753 | $143 | 61% | 5★ (60) | 0.5 mi | AirbnbVrbo |
Ellijay Harmony Lodge • Live Music Room • Sleeps 8 House | 3 bd · 3 ba · sleeps 8 | $44,181 | $195 | 62% | 5★ (6) | 0.5 mi | AirbnbVrboBooking |
North Georgia Mountain Cabin Cabin | 3 bd · 3 ba · sleeps 6 | $31,039 | $297 | 29% | 5★ (7) | 0.6 mi | Airbnb |
Ledger Creek Cabin Cabin | 3 bd · 3 ba · sleeps 8 | $25,513 | $205 | 34% | 4.9★ (34) | 0.6 mi | AirbnbVrboBooking |
Copper Fox Ridge | Minutes to Carter’s Lake House | 3 bd · 3 ba · sleeps 6 | $26,022 | $259 | 28% | 5★ (21) | 0.6 mi | AirbnbVrbo |
10 Mi to Dtwn: Home w/ Spacious Patio in Ellijay! House | 3 bd · 2.5 ba · sleeps 7 | $29,494 | $211 | 38% | 4.8★ (11) | 0.7 mi | AirbnbVrboBooking |
Luxury Ellijay Cabin: High-Speed WiFi & Views! Cabin | 3 bd · 3 ba · sleeps 10 | $37,036 | $250 | 41% | 5★ (18) | 0.7 mi | AirbnbVrboBooking |
HOT TUB Family Pet Friendly Cabin Coosawattee Cabin | 3 bd · 2 ba · sleeps 8 | $23,801 | $187 | 35% | 4.9★ (38) | 0.7 mi | AirbnbVrboBooking |
Mountain Resort Cabin, Private, screened porch overlooking wide peaceful creek. Cabin | 3 bd · 2 ba · sleeps 8 | $15,738 | $245 | 18% | 5★ (247) | 0.7 mi | Vrbo |
Ellijay Cardinal Cabin Retreat in River Resort + Full Amenities & Nature Access House | 3 bd · 3 ba · sleeps 8 | $36,274 | $223 | 45% | 5★ (1) | 0.7 mi | 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
Rate 8.03% = 7.28% Freddie Mac 30-yr avg (Oct 1) + 0.75% investor premium
Est. revenue
$33,727
NOI
$12,749
Cash flow /mo
-$1,421
Cash needed
$155,971
Cash-on-cash
-10.9%
ROE (yr 1)
-0.5%
Cap rate
2.8%
DSCR
0.43
Year-1 write-off
$119,020
Year-1 tax shield @ 32%
$38,086
Year-1 return on equity
- Cash flow (annual)-$17,047
- Principal paydown$2,802
- Appreciation at%$13,497
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)$6,745
- Platform fees (3% of revenue)$1,012
- Maintenance / capex (5% of revenue)$1,686
- Utilities & supplies$4,200
- HOA$0
- Property tax$2,476
- Insurance (STR-rated)$4,859
Cash needed to close
- Down payment (25%)$112,475
- Closing costs (4.0%)$17,996
- Furnishing (bought new)$25,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$38,086
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
$440,000
Short-life (5/15-yr)
$93,000 · 21%
Year-1 deduction
$119,000
Year-1 tax shield @ 32%
$38,000
Land 2% (county tax record, market value split) · building $347,000 over 39 years · new furniture $26,000
Based on: 2,064 sq ft, built 2002, 3 bd / 3 ba, unfurnished, listing features (deck, patio, game room, fireplace, flooring types, appliance list, septic).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $78,000 in year 1 (12% short-life, $25,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $8,000
Kitchen cabinetsdefault
$10,300 new × 40% good × 1.93 allocation
- $6,500
Kitchen countertopsdefault
$8,400 new × 40% good × 1.93 allocation
- $2,800
Decorative trimdefault
$3,600 new × 40% good × 1.93 allocation
- $300
Mirrorsdefault
$500 new × 40% good × 1.93 allocation
- $900
Shelvingdefault
$1,200 new × 40% good × 1.93 allocation
- $4,000
Window coverings (21)default
$5,300 new × 40% good × 1.93 allocation
- $2,600
Carpet, vinyl & laminate (25% of floors)listing
$3,300 new × 40% good × 1.93 allocation
- $8,100
Kitchen & laundry equipment plumbingdefault
$8,000 new × 52% good × 1.93 allocation
- $4,900
Kitchen, laundry & data equipment electricaldefault
$4,900 new × 52% good × 1.93 allocation
- $5,900
Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing
$7,700 new × 40% good × 1.93 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
- $9,100
Paving: driveway & walks (paved)default
$9,400 new × 50% good × 1.93 allocation
- $8,700
Landscaping (typical)default
$9,100 new × 50% good × 1.93 allocation
- $9,000
Patioslisting
$9,300 new × 50% good × 1.93 allocation
- $22,400
Decks & porches (attached)listing
$23,200 new × 50% good × 1.93 allocation
- $259,000
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$223,900 new × 60% good × 1.93 allocation
- $23,300
Building plumbing & fixturesdefault
$23,200 new × 52% good × 1.93 allocation
- $23,500
Building electrical & lightingdefault
$23,400 new × 52% good × 1.93 allocation
- $17,900
HVACdefault
$23,300 new × 40% good × 1.93 allocation
- $7,700
Hardwood & tile floorsdefault
$10,000 new × 40% good × 1.93 allocation
- $4,100
Fireplaces (2)listing
$5,300 new × 40% good × 1.93 allocation
- $11,600
Septic systemlisting
$12,000 new × 50% good × 1.93 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $69,500 | $49,100 | $400 | $119,000 |
| 2 | $0 | $0 | $8,900 | $8,900 |
| 3 | $0 | $0 | $8,900 | $8,900 |
| 4 | $0 | $0 | $8,900 | $8,900 |
| 5 | $0 | $0 | $8,900 | $8,900 |
| 6+ | $0 | $0 | $311,000 | $311,000 |
| Total | $69,500 | $49,100 | $347,000 | $465,600 |
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.