35 Cameo Ct
Ellijay, GA 30540
$498,500
4 bd · 3 ba · 2,753 sqft · Listed 1d ago
View on Realtor.com →Year built
2002
Sqft
2,753
Lot sqft
31,363
HOA / mo
None
Furnished
Yes
List date
2026-11-01T16:21:15.000000Z
Revenue
Annual revenue
$42,434
ADR
$289
Occupancy
40%
Cleaning fees (12 mo)
$9,596
Confidence
Low (24.12), 25 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $34,027
New Cabin: Game Rm, Fire Pit, 3 King BR w/ Bunk Rm
Cabin · 4 bd · 3 ba · sleeps 12 · 194 ft
- Pool
- A/C
- Free parking
- Pets OK
- +5
Revenue $48,247ADR $327Occ ≈ 40%5★ (59)
Pet friendly cabin w/ hot tub, fire place & views!
Cabin · 4 bd · 3.5 ba · sleeps 10 · 0.3 mi
Revenue $13,758ADR $307Occ ≈ 12%4.9★ (22)
Riverfront. Sleeps 12. Hottub. Game room near town
Cabin · 4 bd · 2 ba · sleeps 12 · 0.4 mi
- Hot tub
- Pool
- A/C
- Free parking
- +6
Revenue $2,891ADR $257Occ ≈ 3%5★ (2)
Coosawattee Cabin/Late Check-Out/Hot tub/Amenities
Cabin · 4 bd · 3 ba · sleeps 10 · 0.4 mi
Revenue $20,616ADR $268Occ ≈ 21%4.8★ (8)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
New Cabin: Game Rm, Fire Pit, 3 King BR w/ Bunk Rm Cabin
| 4 bd · 3 ba · sleeps 12 | $48,247 | $327 | 40% | 5★ (59) | 194 ft | Airbnb |
Luxury Ellijay Cabin 4BR | Hot Tub and Resort Cabin
| 4 bd · 3 ba · sleeps 12 | $53,010 | $410 | 35% | 5★ (20) | 0.3 mi | AirbnbVrbo |
Pet friendly cabin w/ hot tub, fire place & views! Cabin | 4 bd · 3.5 ba · sleeps 10 | $13,758 | $307 | 12% | 4.9★ (22) | 0.3 mi | Airbnb |
Serenity Moon, a Spacious Cabin in Coosawattee Riv Cabin
| 4 bd · 3 ba · sleeps 10 | $61,048 | $260 | 64% | 4.9★ (97) | 0.4 mi | AirbnbVrboBooking |
Five Star+Cozy Luxury+Hot Tub+Game Room+Fire Pit Cabin
| 4 bd · 3.5 ba · sleeps 10 | $26,438 | $390 | 19% | 4.8★ (19) | 0.4 mi | AirbnbVrboBooking |
Mountain Views and Starry Skies - FIDO Friendly Cabin
| 4 bd · 3 ba · sleeps 10 | $41,501 | $301 | 38% | 5★ (59) | 0.4 mi | AirbnbVrbo |
Riverfront. Sleeps 12. Hottub. Game room near town Cabin
| 4 bd · 2 ba · sleeps 12 | $2,891 | $257 | 3% | 5★ (2) | 0.4 mi | Airbnb |
Upscale Coosawattee Cabin w/ Hot Tub & Fire Pit! Cabin
| 4 bd · 3.5 ba · sleeps 12 | $16,661 | $343 | 13% | 4.8★ (35) | 0.4 mi | AirbnbVrboBooking |
Coosawattee Cabin/Late Check-Out/Hot tub/Amenities Cabin | 4 bd · 3 ba · sleeps 10 | $20,616 | $268 | 21% | 4.8★ (8) | 0.4 mi | Airbnb |
Luxurious and Spacious Creekside Cabin with Hottub Cabin
| 4 bd · 4 ba · sleeps 12 | $111,115 | $439 | 69% | 5★ (122) | 0.5 mi | AirbnbVrboBooking |
Show 11 more
River View From 4 decks-family and pet friendly-hot tub and privacy
Cabin · 4 bd · 3 ba · sleeps 11 · 0.5 mi
Revenue $8,691ADR $0Occ ≈ —4.8★ (147)
Delisted
Strings & Streams | Ellijay,GA
House · 4 bd · 3.5 ba · sleeps 10 · 0.5 mi
Revenue $25,656ADR $446Occ ≈ 16%5★ (5)
Luxe Creekside Cabin with Hottub
Cabin · 4 bd · 4 ba · sleeps 12 · 0.6 mi
Revenue $57,609ADR $554Occ ≈ 28%5★ (3)
Delisted
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
River View From 4 decks-family and pet friendly-hot tub and privacy Cabin | 4 bd · 3 ba · sleeps 11 | $8,691 | $0 | — | 4.8★ (147) | 0.5 mi | Delisted |
Strings & Streams | Ellijay,GA House | 4 bd · 3.5 ba · sleeps 10 | $25,656 | $446 | 16% | 5★ (5) | 0.5 mi | Airbnb |
Pet-Friendly Resort Cabin 5 Mi to Dtwn Ellijay! Cabin
| 4 bd · 3 ba · sleeps 11 | $34,145 | $275 | 34% | 4.8★ (164) | 0.5 mi | AirbnbVrboBooking |
Riverfront+Fire Pit+Pool Table+Music Touches Cabin
| 4 bd · 3.5 ba · sleeps 10 | $48,631 | $289 | 46% | 4.9★ (24) | 0.5 mi | AirbnbVrboBooking |
Crescent Moon -Dock on River, Outside Fireplace Cabin
| 4 bd · 3 ba · sleeps 10 | $59,792 | $523 | 31% | 4.8★ (10) | 0.6 mi | AirbnbVrbo |
Stylish cabin-resort pool, mini golf, river access Cabin
| 4 bd · 2 ba · sleeps 10 | $34,027 | $231 | 40% | 4.9★ (55) | 0.6 mi | AirbnbVrbo |
Luxe Creekside Cabin with Hottub Cabin | 4 bd · 4 ba · sleeps 12 | $57,609 | $554 | 28% | 5★ (3) | 0.6 mi | Delisted |
Ellijay Lodge - Hot Tub, Games & Resort Access House
| 4 bd · 4 ba · sleeps 10 | $1,127 | $301 | 1% | 5★ (1) | 0.7 mi | AirbnbVrboBooking |
4 BR home with amazing mountain and waterviews House | 4 bd · 4 ba · sleeps 10 | $17,373 | $312 | 15% | — | 0.7 mi | AirbnbBooking |
Cozy Cabin in Coosawattee River Resort! Cabin
| 4 bd · 3 ba · sleeps 11 | $17,687 | $260 | 19% | 4.8★ (40) | 0.7 mi | AirbnbVrboBooking |
Modern Rustic 3BR & Loft, Hot Tub, GR and Fire Pit Cabin
| 4 bd · 3 ba · sleeps 10 | $49,806 | $306 | 45% | 5★ (48) | 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
Est. revenue
$42,434
NOI
$18,421
Cash flow /mo
$1,535
Cash needed
$518,440
Cash-on-cash (all cash)
3.6%
ROE (yr 1)
6.4%
Cap rate
3.7%
DSCR
—
Year-1 write-off
$79,528
Year-1 tax shield @ 32%
$25,449
Year-1 return on equity
- Cash flow (annual)$18,421
- Principal paydown (n/a, cash)$0
- Appreciation at%$14,955
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)$8,487
- Platform fees (3% of revenue)$1,273
- Maintenance / capex (5% of revenue)$2,122
- Utilities & supplies$4,200
- HOA$0
- Property tax$2,548
- Insurance (STR-rated)$5,384
Cash needed to close
- Purchase price (all cash)$498,500
- Closing costs (4.0%)$19,940
- Furnishing (conveyed with the sale)$0
Tax savings if the STR loophole applies
- Tax shield @ 32%$25,449
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
$486,000
Short-life (5/15-yr)
$79,000 · 16%
Year-1 deduction
$80,000
Year-1 tax shield @ 32%
$25,000
Land 3% (county tax record, market value split) · building $407,000 over 39 years
Based on: 2,753 sq ft, built 2002, 4 bd / 3 ba, furnished, listing features (fireplace, flooring types, appliance list, septic).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $58,000 in year 1 (12% short-life, $18,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $8,100
Kitchen cabinetsdefault
$11,800 new × 40% good × 1.72 allocation
- $6,700
Kitchen countertopsdefault
$9,700 new × 40% good × 1.72 allocation
- $3,300
Decorative trimdefault
$4,800 new × 40% good × 1.72 allocation
- $300
Mirrorsdefault
$500 new × 40% good × 1.72 allocation
- $1,000
Shelvingdefault
$1,500 new × 40% good × 1.72 allocation
- $4,800
Window coverings (28)default
$7,000 new × 40% good × 1.72 allocation
- $4,100
Carpet, vinyl & laminate (33% of floors)listing
$5,900 new × 40% good × 1.72 allocation
- $8,200
Kitchen & laundry equipment plumbingdefault
$9,200 new × 52% good × 1.72 allocation
- $5,000
Kitchen, laundry & data equipment electricaldefault
$5,600 new × 52% good × 1.72 allocation
- $5,300
Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing
$7,700 new × 40% good × 1.72 allocation
- $9,200
Furniture conveyed with the sale (used)listing
$23,000 new × 40% good · out of the price
- $9,400
Paving: driveway & walks (paved)default
$10,900 new × 50% good × 1.72 allocation
- $9,000
Landscaping (typical)default
$10,500 new × 50% good × 1.72 allocation
- $2,300
Patiosdefault
$2,700 new × 50% good × 1.72 allocation
- $2,300
Decks & porches (attached)default
$2,700 new × 50% good × 1.72 allocation
- $308,500
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$298,900 new × 60% good × 1.72 allocation
- $27,800
Building plumbing & fixturesdefault
$31,000 new × 52% good × 1.72 allocation
- $28,800
Building electrical & lightingdefault
$32,200 new × 52% good × 1.72 allocation
- $21,300
HVACdefault
$31,000 new × 40% good × 1.72 allocation
- $8,100
Hardwood & tile floorsdefault
$11,800 new × 40% good × 1.72 allocation
- $1,800
Fireplacelisting
$2,600 new × 40% good × 1.72 allocation
- $10,300
Septic systemlisting
$12,000 new × 50% good × 1.72 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $56,100 | $23,000 | $400 | $79,500 |
| 2 | $0 | $0 | $10,400 | $10,400 |
| 3 | $0 | $0 | $10,400 | $10,400 |
| 4 | $0 | $0 | $10,400 | $10,400 |
| 5 | $0 | $0 | $10,400 | $10,400 |
| 6+ | $0 | $0 | $364,500 | $364,500 |
| Total | $56,100 | $23,000 | $406,600 | $485,700 |
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.