100 Julep Cir
Ellijay, GA 30540
$429,900
3 bd · 2.5 ba · 1,824 sqft · Listed 1d ago
View on Realtor.com →Year built
2007
Sqft
1,824
Lot sqft
96,703
HOA / mo
None
Furnished
No
List date
2026-10-10T13:45:12.000000Z
Revenue
Annual revenue
$35,907
ADR
$213
Occupancy
46%
Cleaning fees (12 mo)
$6,599
Confidence
Low (40.08), 27 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $26,798
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)
Delisted
Four Winds Lodge & Hot Tub and Community Pool
Cabin · 3 bd · 2 ba · sleeps 6 · 0.3 mi
Revenue $9,056ADR $153Occ ≈ 16%4.9★ (213)
Delisted
Unique mountain getaway! Hot tub, game room, year round community pool!
House · 3 bd · 2 ba · sleeps 6 · 0.3 mi
- Pool
- A/C
- Free parking
- Wifi
- +3
Revenue $12,943ADR $228Occ ≈ 16%4.9★ (20)
Cozy cabin retreat in Ellijay
Cabin · 3 bd · 2 ba · sleeps 10 · 0.4 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +4
Revenue $43,317ADR $175Occ ≈ 68%5★ (4)
New Listing-Community Amenities-Prime Location
House · 3 bd · 3 ba · sleeps 6 · 0.4 mi
Revenue $7,954ADR $163Occ ≈ 13%5★ (1)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Walking distance to Pool & Rec Cntr! Apple Country Cabin
| 3 bd · 2 ba · sleeps 6 | $33,016 | $144 | 63% | 4.9★ (63) | 0.2 mi | AirbnbVrbo |
Walk to Rec Center! 2 Kings-Dog Friendly-Hot Cocoa Cabin
| 3 bd · 2 ba · sleeps 6 | $26,385 | $231 | 31% | 5★ (13) | 0.3 mi | AirbnbVrbo |
10 Mi to Dtwn: Home w/ Spacious Patio in Ellijay! House
| 3 bd · 2.5 ba · sleeps 7 | $31,414 | $213 | 40% | 4.8★ (13) | 0.3 mi | AirbnbVrboBooking |
HOT TUB Family Pet Friendly Cabin Coosawattee Cabin
| 3 bd · 2 ba · sleeps 8 | $24,641 | $186 | 36% | 4.9★ (40) | 0.3 mi | AirbnbVrboBooking |
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 | Delisted |
Majestic Treehouse Hot Tub Modern Luxury Cabin
| 3 bd · 3.5 ba · sleeps 6 | $77,892 | $461 | 46% | 4.8★ (13) | 0.3 mi | AirbnbBooking |
Four Winds Lodge & Hot Tub and Community Pool Cabin | 3 bd · 2 ba · sleeps 6 | $9,056 | $153 | 16% | 4.9★ (213) | 0.3 mi | Delisted |
Unique mountain getaway! Hot tub, game room, year round community pool! House
| 3 bd · 2 ba · sleeps 6 | $12,943 | $228 | 16% | 4.9★ (20) | 0.3 mi | Vrbo |
Cozy cabin retreat in Ellijay Cabin
| 3 bd · 2 ba · sleeps 10 | $43,317 | $175 | 68% | 5★ (4) | 0.4 mi | Airbnb |
New Listing-Community Amenities-Prime Location House | 3 bd · 3 ba · sleeps 6 | $7,954 | $163 | 13% | 5★ (1) | 0.4 mi | Airbnb |
Show 16 more
2025 BUILT*Family Friendly*Game Rm*Fire Pit*5 TV's
House · 3 bd · 2.5 ba · sleeps 8 · 0.5 mi
Revenue $21,300ADR $244Occ ≈ 24%5★ (7)
Welcome to Whiskey Woods *Hot Tub* *Resort Pools*
Cabin · 3 bd · 3.5 ba · sleeps 10 · 0.6 mi
Revenue $36,145ADR $266Occ ≈ 37%4.8★ (14)
Delisted
Chicken Coop | No Pet Fees | Sleeps 6 | large fenced yard| Paved Roads
Cabin · 3 bd · 3 ba · sleeps 6 · 0.7 mi
- Hot tub
- Pool
- A/C
- Free parking
- +5
Revenue $64,780ADR $311Occ ≈ 57%5★ (17)
The Lighthouse Retreat
House · 3 bd · 3 ba · sleeps 6 · 0.7 mi
Revenue $13,671ADR $216Occ ≈ 17%5★ (10)
Delisted
Creekside Cabin Escape • Hot Tub • Fire Pit
Cabin · 3 bd · 2 ba · sleeps 6 · 0.7 mi
Revenue $22,684ADR $293Occ ≈ 21%5★ (82)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Copper Fox Ridge | Minutes to Carter’s Lake House
| 3 bd · 3 ba · sleeps 6 | $29,481 | $263 | 31% | 5★ (24) | 0.4 mi | AirbnbVrbo |
2025 BUILT*Family Friendly*Game Rm*Fire Pit*5 TV's House | 3 bd · 2.5 ba · sleeps 8 | $21,300 | $244 | 24% | 5★ (7) | 0.5 mi | Airbnb |
‼️Ellijay Misty River Retreat - Hot Tub, Mtn Views Cabin | 3 bd · 3 ba · sleeps 9 | $4,317 | $227 | 5% | — | 0.6 mi | AirbnbVrboBooking |
Welcome to Whiskey Woods *Hot Tub* *Resort Pools* Cabin | 3 bd · 3.5 ba · sleeps 10 | $36,145 | $266 | 37% | 4.8★ (14) | 0.6 mi | Delisted |
Wandering Bear's Den House
| 3 bd · 2 ba · sleeps 6 | $14,558 | $185 | 22% | 4.3★ (29) | 0.6 mi | AirbnbVrbo |
360° Mountain Views | Hot Tub |Theater| River View Cabin
| 3 bd · 3 ba · sleeps 6 | $22,229 | $412 | 15% | 5★ (14) | 0.7 mi | AirbnbVrboBooking |
Hot Tub & Movie Room: Updated Cabin in Ellijay! Cabin
| 3 bd · 3 ba · sleeps 9 | $32,374 | $256 | 35% | 5★ (32) | 0.7 mi | AirbnbVrboBooking |
Chicken Coop | No Pet Fees | Sleeps 6 | large fenced yard| Paved Roads Cabin
| 3 bd · 3 ba · sleeps 6 | $64,780 | $311 | 57% | 5★ (17) | 0.7 mi | Vrbo |
The Lighthouse Retreat House | 3 bd · 3 ba · sleeps 6 | $13,671 | $216 | 17% | 5★ (10) | 0.7 mi | Delisted |
True Heaven Cabin in Ellijay GA Cabin
| 3 bd · 3.5 ba · sleeps 8 | $54,793 | $359 | 42% | 4.9★ (232) | 0.7 mi | AirbnbVrbo |
Peaceful, screened porch, hot tub, firepit, grill Cabin
| 3 bd · 3 ba · sleeps 6 | $51,320 | $191 | 74% | 5★ (53) | 0.7 mi | AirbnbVrbo |
Creekside Cabin Escape • Hot Tub • Fire Pit Cabin | 3 bd · 2 ba · sleeps 6 | $22,684 | $293 | 21% | 5★ (82) | 0.7 mi | Airbnb |
Trapper View Lodge | Lush Cabin Cabin
| 3 bd · 3 ba · sleeps 6 | $37,977 | $305 | 34% | 4.8★ (48) | 0.7 mi | AirbnbVrbo |
Rustic Cabin Escape in Gilmer County House
| 3 bd · 2.5 ba · sleeps 8 | $11,306 | $329 | 9% | — | 0.7 mi | AirbnbVrbo |
Luxury Cabin, Mountain Views, Hot Tub, EV Charger Cabin
| 3 bd · 3 ba · sleeps 8 | $34,739 | $250 | 38% | 5★ (18) | 0.7 mi | AirbnbVrboBooking |
3 BR cabin with shared pool & fireplaces Cabin | 3 bd · 2.5 ba · sleeps 6 | $18,668 | $305 | 17% | 4.3★ (4) | 0.8 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 8.15% = 7.40% Freddie Mac 30-yr avg (Oct 8) + 0.75% investor premium
Est. revenue
$35,907
NOI
$13,528
Cash flow /mo
-$1,272
Cash needed
$150,171
Cash-on-cash
-10.2%
ROE (yr 1)
0.2%
Cap rate
3.1%
DSCR
0.47
Year-1 write-off
$93,490
Year-1 tax shield @ 32%
$29,917
Year-1 return on equity
- Cash flow (annual)-$15,268
- Principal paydown$2,614
- Appreciation at%$12,897
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)$7,181
- Platform fees (3% of revenue)$1,077
- Maintenance / capex (5% of revenue)$1,795
- Utilities & supplies$4,200
- HOA$0
- Property tax$3,482
- Insurance (STR-rated)$4,643
Cash needed to close
- Down payment (25%)$107,475
- Closing costs (4.0%)$17,196
- Furnishing (bought new)$25,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$29,917
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
$365,000
Short-life (5/15-yr)
$68,000 · 19%
Year-1 deduction
$93,000
Year-1 tax shield @ 32%
$30,000
Land 15% (market default, no usable tax-record split) · building $298,000 over 39 years · new furniture $26,000
Based on: 1,824 sq ft, built 2007, 3 bd / 2.5 ba, unfurnished, listing features (deck, game room, flooring types, septic, wooded lot).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $61,000 in year 1 (10% short-life, $20,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $6,500
Kitchen cabinetsdefault
$9,800 new × 40% good × 1.67 allocation
- $5,400
Kitchen countertopsdefault
$8,000 new × 40% good × 1.67 allocation
- $2,100
Decorative trimdefault
$3,200 new × 40% good × 1.67 allocation
- $200
Mirrorsdefault
$300 new × 40% good × 1.67 allocation
- $800
Shelvingdefault
$1,200 new × 40% good × 1.67 allocation
- $3,000
Window coverings (18)default
$4,500 new × 40% good × 1.67 allocation
- $2,000
Carpet, vinyl & laminate (25% of floors)listing
$2,900 new × 40% good × 1.67 allocation
- $7,900
Kitchen & laundry equipment plumbingdefault
$7,600 new × 62% good × 1.67 allocation
- $4,800
Kitchen, laundry & data equipment electricaldefault
$4,600 new × 62% good × 1.67 allocation
- $5,400
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default
$8,100 new × 40% good × 1.67 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
- $7,400
Paving: driveway & walks (paved)default
$8,900 new × 50% good × 1.67 allocation
- $3,600
Landscaping (minimal)listing
$4,300 new × 50% good × 1.67 allocation
- $1,500
Patiosdefault
$1,800 new × 50% good × 1.67 allocation
- $17,100
Decks & porches (attached)listing
$20,500 new × 50% good × 1.67 allocation
- $225,700
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$197,800 new × 68% good × 1.67 allocation
- $21,200
Building plumbing & fixturesdefault
$20,500 new × 62% good × 1.67 allocation
- $21,100
Building electrical & lightingdefault
$20,400 new × 62% good × 1.67 allocation
- $13,700
HVACdefault
$20,500 new × 40% good × 1.67 allocation
- $5,900
Hardwood & tile floorsdefault
$8,800 new × 40% good × 1.67 allocation
- $10,000
Septic systemlisting
$12,000 new × 50% good × 1.67 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $63,600 | $29,600 | $300 | $93,500 |
| 2 | $0 | $0 | $7,600 | $7,600 |
| 3 | $0 | $0 | $7,600 | $7,600 |
| 4 | $0 | $0 | $7,600 | $7,600 |
| 5 | $0 | $0 | $7,600 | $7,600 |
| 6+ | $0 | $0 | $266,900 | $266,900 |
| Total | $63,600 | $29,600 | $297,700 | $390,900 |
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.