47 Aetna Way
Ellijay, GA 30540
$349,000
3 bd · 2 ba · 912 sqft · Listed 1d ago
View on Realtor.com →Year built
1989
Sqft
912
Lot sqft
43,560
HOA / mo
$80
Furnished
No
List date
2026-10-23T20:20:09.000000Z
Revenue
Annual revenue
$34,266
ADR
$209
Occupancy
45%
Cleaning fees (12 mo)
$7,386
Confidence
Low (33.84), 50 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $32,743
Welcome to Bear Necessities!
Cabin · 3 bd · 2 ba · sleeps 6 · 102 ft
Revenue $12,530ADR $240Occ ≈ 14%5★ (7)
Rustic Retreat
Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.2 mi
Revenue $60,714ADR $233Occ ≈ 71%5★ (75)
Cozy Blue Ridge Cabin • Firepit • Near Orchards
Cabin · 3 bd · 2 ba · sleeps 8 · 0.2 mi
Revenue $8,717ADR $198Occ ≈ 12%5★ (3)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Welcome to Bear Necessities! Cabin | 3 bd · 2 ba · sleeps 6 | $12,530 | $240 | 14% | 5★ (7) | 102 ft | Airbnb |
Three Trees Retreat | Hot Tub+Deck+Fire pit+PetsOK House
| 3 bd · 2 ba · sleeps 6 | $32,825 | $216 | 42% | 4.8★ (31) | 328 ft | AirbnbVrboBooking |
LUX Cabin | Hot Tub, Pools & Resort Amenities Cabin
| 3 bd · 2 ba · sleeps 6 | $21,590 | $259 | 23% | 4.8★ (102) | 407 ft | AirbnbVrbo |
Creekfront Cabin with Waterfall, Hot Tub, Fire Pit House
| 3 bd · 2 ba · sleeps 6 | $42,546 | $219 | 53% | 5★ (134) | 0.1 mi | AirbnbVrbo |
Rustic Retreat - Paradise Found Cabin
| 3 bd · 2.5 ba · sleeps 8 | $20,731 | $172 | 33% | 5★ (6) | 0.1 mi | AirbnbVrboBooking |
Rustic Retreat Cabin | 3 bd · 2.5 ba · sleeps 8 | $60,714 | $233 | 71% | 5★ (75) | 0.2 mi | Airbnb |
Fireside Cabin with Friendly Deer Cabin
| 3 bd · 3 ba · sleeps 10 | $51,047 | $244 | 57% | 5★ (183) | 0.2 mi | AirbnbVrboBooking |
Cozy Blue Ridge Cabin • Firepit • Near Orchards Cabin | 3 bd · 2 ba · sleeps 8 | $8,717 | $198 | 12% | 5★ (3) | 0.2 mi | Airbnb |
Bucks Bear Lodge - Recharge in a Riverside Resort Cabin
| 3 bd · 3 ba · sleeps 8 | $48,701 | $341 | 39% | 4.9★ (23) | 0.2 mi | AirbnbVrboBooking |
Mountain Creek Lodge- Lovely Custom Cabin, Hot Tub Cabin
| 3 bd · 3 ba · sleeps 6 | $40,723 | $278 | 40% | 4.5★ (34) | 0.2 mi | AirbnbVrboBooking |
Show 38 more
Cabin at Coosawattee River Resort with private hot tub, pool & river access
Cabin · 3 bd · 3 ba · sleeps 8 · 0.3 mi
Revenue $17,931ADR $293Occ ≈ 17%4.9★ (14)
Delisted
A-Frame Creekside Retreat by EdgeWoods
Cabin · 3 bd · 2 ba · sleeps 8 · 0.4 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +2
Revenue $6,907ADR $175Occ ≈ 11%5★ (4)
3 Bedroom Lodge
Villa · 3 bd · 2 ba · sleeps 6 · 0.4 mi
Revenue $1,632ADR $272Occ ≈ 2%—
Delisted
Whitetail River Retreat
Cabin · 3 bd · 2 ba · sleeps 6 · 0.4 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +2
Revenue $15,161ADR $420Occ ≈ 10%—
Riverfront Cabin w/ Hot-tub, peaceful escape
Cabin · 3 bd · 2.5 ba · sleeps 7 · 0.5 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +4
Revenue $29,651ADR $251Occ ≈ 32%5★ (17)
Creekside Ellijay - Kid Friendly Escape
Cabin · 3 bd · 3 ba · sleeps 9 · 0.5 mi
Revenue $72,675ADR $337Occ ≈ 59%5★ (37)
Sweet Tea Retreat up on the hill in Cossawattee River Resort Ellijay
House · 3 bd · 2 ba · sleeps 6 · 0.5 mi
Revenue $19,485ADR $262Occ ≈ 20%4★ (1)
Delisted
NEW BUILD River view/access, Pool table, Hot Tub
Cabin · 3 bd · 3 ba · sleeps 10 · 0.5 mi
- Hot tub
- Pool
- A/C
- Free parking
- +7
Revenue $59,416ADR $447Occ ≈ 36%5★ (17)
Secluded Roaring River Escape w/Amazing Amenities!
Cabin · 3 bd · 3 ba · sleeps 7 · 0.5 mi
- Hot tub
- Pool
- A/C
- Free parking
- +7
Revenue $41,119ADR $234Occ ≈ 48%4.8★ (395)
Rocky River Retreat
Cabin · 3 bd · 2 ba · sleeps 6 · 0.5 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +2
Revenue $544ADR $272Occ ≈ 1%5★ (1)
Rustic Sanctuary Cabin/3BR/2B
Cabin · 3 bd · 2 ba · sleeps 6 · 0.5 mi
- Pool
- A/C
- Free parking
- Wifi
- +3
Revenue $20,372ADR $202Occ ≈ 28%5★ (62)
Kid-Friendly Cabin, Hot Tub, Peaceful Ellijay Stay
Cabin · 3 bd · 2 ba · sleeps 6 · 0.6 mi
Revenue $20,420ADR $173Occ ≈ 32%4.7★ (31)
New Listing: Secluded Heavenly Views 3 Bedroom, 2.
Cabin · 3 bd · 2.5 ba · sleeps 7 · 0.7 mi
Revenue $17,879ADR $361Occ ≈ 14%—
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Rapid Retreat-Coosawattee Cabin | 3 bd · 3 ba · sleeps 8 | $68,431 | $286 | 66% | 4.8★ (90) | 0.2 mi | AirbnbBooking |
Copper Lantern Stays Cabin
| 3 bd · 3 ba · sleeps 8 | $7,301 | $215 | 9% | 4.5★ (17) | 0.3 mi | AirbnbVrboBooking |
Cabin at Coosawattee River Resort with private hot tub, pool & river access Cabin | 3 bd · 3 ba · sleeps 8 | $17,931 | $293 | 17% | 4.9★ (14) | 0.3 mi | Delisted |
Water Tower 3 Bdrm Villa
| 3 bd · 2 ba · sleeps 6 | $927 | $231 | 1% | — | 0.3 mi | AirbnbVrbo |
Modern Ellijay Cabin Rental w/ Outdoor Fireplace Cabin | 3 bd · 2 ba · sleeps 6 | $20,997 | $168 | 34% | 5★ (47) | 0.3 mi | AirbnbBooking |
Deer Dreaming Cabin on the Coosawattee River Cabin
| 3 bd · 3 ba · sleeps 6 | $56,496 | $228 | 68% | 5★ (103) | 0.3 mi | AirbnbVrbo |
River’s Echo - Riverfront Cabin in Ellijay Cabin
| 3 bd · 3 ba · sleeps 6 | $71,615 | $298 | 66% | 5★ (331) | 0.4 mi | AirbnbVrbo |
A-Frame Creekside Retreat by EdgeWoods Cabin
| 3 bd · 2 ba · sleeps 8 | $6,907 | $175 | 11% | 5★ (4) | 0.4 mi | Airbnb |
3 Bedroom Lodge Villa | 3 bd · 2 ba · sleeps 6 | $1,632 | $272 | 2% | — | 0.4 mi | Delisted |
Shady River Retreat House
| 3 bd · 3 ba · sleeps 6 | $33,722 | $204 | 45% | 4.9★ (212) | 0.4 mi | AirbnbVrbo |
Modern rustic cabin~ Hot Tub~ Pet Friendly House
| 3 bd · 3 ba · sleeps 8 | $7,746 | $249 | 9% | 5★ (7) | 0.4 mi | AirbnbVrbo |
Ellijay Retreat w/ Access to Community Pools! House
| 3 bd · 2 ba · sleeps 6 | $34,332 | $204 | 46% | 5★ (14) | 0.4 mi | AirbnbVrboBooking |
Whitetail River Retreat Cabin
| 3 bd · 2 ba · sleeps 6 | $15,161 | $420 | 10% | — | 0.4 mi | Airbnb |
Dellinger Retreat On The River | Ellijay, GA Cabin
| 3 bd · 2.5 ba · sleeps 6 | $34,571 | $394 | 24% | 4.7★ (10) | 0.4 mi | AirbnbVrbo |
Riverfront Cabin w/ Hot-tub, peaceful escape Cabin
| 3 bd · 2.5 ba · sleeps 7 | $29,651 | $251 | 32% | 5★ (17) | 0.5 mi | Airbnb |
Cozy Blue Ridge Cabin w/ River Access & Fire Pit Cabin
| 3 bd · 2 ba · sleeps 6 | $46,025 | $208 | 61% | 4.8★ (199) | 0.5 mi | AirbnbVrboBooking |
Creek Cabin w/ Zipline, Hot Tub, Deer, Fireplaces Cabin
| 3 bd · 3 ba · sleeps 10 | $76,613 | $287 | 73% | 5★ (67) | 0.5 mi | AirbnbVrboBooking |
Creekside Ellijay - Kid Friendly Escape Cabin | 3 bd · 3 ba · sleeps 9 | $72,675 | $337 | 59% | 5★ (37) | 0.5 mi | Airbnb |
Deer Haven Cottage I Long Range Mountain View Cabin
| 3 bd · 2 ba · sleeps 6 | $18,445 | $261 | 19% | 4.8★ (15) | 0.5 mi | AirbnbVrbo |
Dream Weaver | Ellijay, Ga Cabin
| 3 bd · 2.5 ba · sleeps 6 | $43,420 | $369 | 32% | 4.7★ (8) | 0.5 mi | AirbnbVrbo |
Sweet Tea Retreat up on the hill in Cossawattee River Resort Ellijay House | 3 bd · 2 ba · sleeps 6 | $19,485 | $262 | 20% | 4★ (1) | 0.5 mi | Delisted |
NEW BUILD River view/access, Pool table, Hot Tub Cabin
| 3 bd · 3 ba · sleeps 10 | $59,416 | $447 | 36% | 5★ (17) | 0.5 mi | Airbnb |
Tie One On The River | Ellijay, GA Cabin
| 3 bd · 2.5 ba · sleeps 6 | $71,333 | $343 | 57% | 4.8★ (55) | 0.5 mi | AirbnbVrbo |
Secluded Roaring River Escape w/Amazing Amenities! Cabin
| 3 bd · 3 ba · sleeps 7 | $41,119 | $234 | 48% | 4.8★ (395) | 0.5 mi | Airbnb |
Rocky River Retreat Cabin
| 3 bd · 2 ba · sleeps 6 | $544 | $272 | 1% | 5★ (1) | 0.5 mi | Airbnb |
Beautiful Light-Filled Cabin in Ellijay w/Fire Pit Cabin
| 3 bd · 2.5 ba · sleeps 6 | $32,661 | $188 | 48% | 4.9★ (81) | 0.5 mi | AirbnbVrbo |
Rustic Sanctuary Cabin/3BR/2B Cabin
| 3 bd · 2 ba · sleeps 6 | $20,372 | $202 | 28% | 5★ (62) | 0.5 mi | Airbnb |
Riverfront, Hot Tub! Coosawattee River Resort Home House
| 3 bd · 3 ba · sleeps 8 | $38,481 | $313 | 34% | 5★ (14) | 0.6 mi | AirbnbVrboBooking |
3 BR home with pool table and hot tub Cabin | 3 bd · 3 ba · sleeps 6 | $7,741 | $316 | 7% | 3.6★ (3) | 0.6 mi | AirbnbBooking |
Ellijay 3BR in Resort w/ Hot Tub, Fire Pit, Decks Cabin
| 3 bd · 2 ba · sleeps 6 | $8,043 | $267 | 8% | 4.8★ (29) | 0.6 mi | AirbnbVrboBooking |
Kid-Friendly Cabin, Hot Tub, Peaceful Ellijay Stay Cabin | 3 bd · 2 ba · sleeps 6 | $20,420 | $173 | 32% | 4.7★ (31) | 0.6 mi | Airbnb |
Secluded Cabin-Pool access/7Beds Cabin
| 3 bd · 3 ba · sleeps 9 | $49,659 | $215 | 63% | 4.8★ (157) | 0.6 mi | AirbnbVrbo |
New Listing: Secluded Heavenly Views 3 Bedroom, 2. Cabin | 3 bd · 2.5 ba · sleeps 7 | $17,879 | $361 | 14% | — | 0.7 mi | Airbnb |
5-Star Cabin w/Hot Tub, Game Room, & Resort Perks! Cabin
| 3 bd · 2.5 ba · sleeps 6 | $55,261 | $264 | 57% | 5★ (185) | 0.7 mi | AirbnbVrboBooking |
Sweet Tea Retreat, Ellijay Cabin
| 3 bd · 2 ba · sleeps 6 | $21,745 | $260 | 23% | 4.9★ (48) | 0.7 mi | AirbnbVrbo |
New Build Rustic Stay! Hot Tub|Fire Pit|Game Room Cabin
| 3 bd · 2.5 ba · sleeps 10 | $46,163 | $317 | 40% | 5★ (94) | 0.7 mi | AirbnbVrboBooking |
Eagle View Lodge | Ellijay, GA Cabin
| 3 bd · 3 ba · sleeps 6 | $57,874 | $380 | 42% | 5★ (46) | 0.7 mi | AirbnbVrbo |
Deer Haven Getaways - Resort Access Cabin
| 3 bd · 3 ba · sleeps 8 | $12,987 | $223 | 16% | 4.7★ (47) | 0.8 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
Rate 8.07% = 7.32% Freddie Mac 30-yr avg (Oct 22) + 0.75% investor premium
Est. revenue
$34,266
NOI
$14,817
Cash flow /mo
-$699
Cash needed
$120,710
Cash-on-cash
-6.9%
ROE (yr 1)
3.5%
Cap rate
4.2%
DSCR
0.64
Year-1 write-off
$127,091
Year-1 tax shield @ 32%
$40,669
Year-1 return on equity
- Cash flow (annual)-$8,384
- Principal paydown$2,156
- Appreciation at%$10,470
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)$6,853
- Platform fees (3% of revenue)$1,028
- Maintenance / capex (5% of revenue)$1,713
- Utilities & supplies$4,200
- HOA$960
- Property tax$925
- Insurance (STR-rated)$3,769
Cash needed to close
- Down payment (25%)$87,250
- Closing costs (4.0%)$13,960
- Furnishing (bought new)$19,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$40,669
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
$335,000
Short-life (5/15-yr)
$107,000 · 32%
Year-1 deduction
$127,000
Year-1 tax shield @ 32%
$41,000
Land 4% (county tax record, market value split) · building $228,000 over 39 years · new furniture $20,000
Based on: 912 sq ft, built 1989, 3 bd / 2 ba, unfurnished, listing features (hot tub, deck, flooring types, appliance list, septic, wooded lot).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $80,000 in year 1 (18% short-life, $26,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $12,200
Kitchen cabinetsdefault
$7,800 new × 40% good × 3.92 allocation
- $10,000
Kitchen countertopsdefault
$6,400 new × 40% good × 3.92 allocation
- $2,500
Decorative trimdefault
$1,600 new × 40% good × 3.92 allocation
- $500
Mirrorsdefault
$300 new × 40% good × 3.92 allocation
- $1,900
Shelvingdefault
$1,200 new × 40% good × 3.92 allocation
- $3,500
Window coverings (9)default
$2,300 new × 40% good × 3.92 allocation
- $4,600
Carpet, vinyl & laminate (50% of floors)listing
$2,900 new × 40% good × 3.92 allocation
- $9,500
Kitchen & laundry equipment plumbingdefault
$6,100 new × 40% good × 3.92 allocation
- $5,700
Kitchen, laundry & data equipment electricaldefault
$3,700 new × 40% good × 3.92 allocation
- $2,800
Appliances (range)listing
$1,800 new × 40% good × 3.92 allocation
- $14,100
Hot tub (freestanding)listing
$9,000 new × 40% good × 3.92 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $12,300
Paving: driveway & walks (paved)default
$6,300 new × 50% good × 3.92 allocation
- $5,900
Landscaping (minimal)listing
$3,000 new × 50% good × 3.92 allocation
- $1,800
Patiosdefault
$900 new × 50% good × 3.92 allocation
- $20,100
Decks & porches (attached)listing
$10,300 new × 50% good × 3.92 allocation
- $153,700
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$98,100 new × 40% good × 3.92 allocation
- $16,000
Building plumbing & fixturesdefault
$10,200 new × 40% good × 3.92 allocation
- $13,800
Building electrical & lightingdefault
$8,800 new × 40% good × 3.92 allocation
- $16,100
HVACdefault
$10,300 new × 40% good × 3.92 allocation
- $4,600
Hardwood & tile floorsdefault
$2,900 new × 40% good × 3.92 allocation
- $23,500
Septic systemlisting
$12,000 new × 50% good × 3.92 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $86,800 | $40,000 | $200 | $127,100 |
| 2 | $0 | $0 | $5,800 | $5,800 |
| 3 | $0 | $0 | $5,800 | $5,800 |
| 4 | $0 | $0 | $5,800 | $5,800 |
| 5 | $0 | $0 | $5,800 | $5,800 |
| 6+ | $0 | $0 | $204,100 | $204,100 |
| Total | $86,800 | $40,000 | $227,700 | $354,600 |
The building's share of the price ($335,000) is 3.9x our depreciated replacement cost of the home ($86,000). 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.