33 Fischer Ln
Ellijay, GA 30540
$389,000
3 bd · 2 ba · Listed 2d ago
View on Realtor.com →Year built
2023
Sqft
—
Lot sqft
32,670
HOA / mo
None
Furnished
No
List date
2026-10-09T15:00:18.000000Z
Revenue
Annual revenue
$41,540
ADR
$237
Occupancy
48%
Cleaning fees (12 mo)
$9,261
Confidence
Low (46.55), 42 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $35,764
Cozy Mountain Retreat at Coosawatte River Resort
Camper/RV · 3 bd · 1 ba · sleeps 7 · 302 ft
Revenue $13,202ADR $144Occ ≈ 25%5★ (15)
Delisted
Wilderness-themed retreat with community amenities, private hot tub, & fireplace
House · 3 bd · 2 ba · sleeps 6 · 0.3 mi
Revenue $29,875ADR $189Occ ≈ 43%1★ (1)
Delisted
Coosawatee River Resort -Sauna/Hot Tub/Dogs okay!
Cabin · 3 bd · 3 ba · sleeps 8 · 0.3 mi
Revenue $24,187ADR $329Occ ≈ 20%5★ (4)
Delisted
Deer Watch, Fire pit, Hot tub & Billiards, Ellijay
House · 3 bd · 3 ba · sleeps 8 · 0.3 mi
- Hot tub
- Pool
- A/C
- Free parking
- +6
Revenue $30,159ADR $283Occ ≈ 29%5★ (15)
3 br Family friendly cabin
Cabin · 3 bd · 2 ba · sleeps 8 · 0.4 mi
Revenue $9,077ADR $229Occ ≈ 11%4.6★ (23)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Cozy Mountain Retreat at Coosawatte River Resort Camper/RV | 3 bd · 1 ba · sleeps 7 | $13,202 | $144 | 25% | 5★ (15) | 302 ft | Delisted |
Wilderness-themed retreat with community amenities, private hot tub, & fireplace House | 3 bd · 2 ba · sleeps 6 | $29,875 | $189 | 43% | 1★ (1) | 0.3 mi | Delisted |
Bear Hug Lodge Stays House
| 3 bd · 2 ba · sleeps 6 | $11,758 | $257 | 13% | 4★ (13) | 0.3 mi | AirbnbVrboBooking |
Coosawatee River Resort -Sauna/Hot Tub/Dogs okay! Cabin | 3 bd · 3 ba · sleeps 8 | $24,187 | $329 | 20% | 5★ (4) | 0.3 mi | Delisted |
Enchanted Deer - Hot Tub, Fire Pit, Pet Friendly Cabin | 3 bd · 3 ba · sleeps 6 | $42,114 | $263 | 44% | 5★ (44) | 0.3 mi | AirbnbBooking |
Deer Watch, Fire pit, Hot tub & Billiards, Ellijay House
| 3 bd · 3 ba · sleeps 8 | $30,159 | $283 | 29% | 5★ (15) | 0.3 mi | Airbnb |
Family Friendly, Fire Pits, Grill, Pool Access Cabin
| 3 bd · 2 ba · sleeps 6 | $41,002 | $166 | 68% | 5★ (114) | 0.3 mi | AirbnbVrbo |
Modern Chic Cabin - Blue Ridge-Hot Tub & Game Room Cabin
| 3 bd · 2.5 ba · sleeps 7 | $67,995 | $330 | 56% | 5★ (54) | 0.3 mi | AirbnbBooking |
3 br Family friendly cabin Cabin | 3 bd · 2 ba · sleeps 8 | $9,077 | $229 | 11% | 4.6★ (23) | 0.4 mi | Airbnb |
Spacious Cabin • Hot Tub, Fire Pit, Dogs OK Cabin
| 3 bd · 2 ba · sleeps 10 | $41,941 | $406 | 28% | 4.9★ (39) | 0.4 mi | AirbnbVrbo |
Show 28 more
R & R River | No Pet Fees | Sleeps 6 | Coosawattee | pool table | sauna
Cabin · 3 bd · 3 ba · sleeps 6 · 0.5 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +6
Revenue $51,979ADR $314Occ ≈ 45%4.8★ (107)
Spacious riverfront home with private dock, firepit & scenic outdoor space
House · 3 bd · 2 ba · sleeps 6 · 0.6 mi
Revenue $18,607ADR $221Occ ≈ 23%4.8★ (4)
Delisted
Serenity Now! located in Coosawattee River Resort
Cabin · 3 bd · 2 ba · sleeps 7 · 0.7 mi
Revenue $12,323ADR $280Occ ≈ 12%4.9★ (9)
Riverfront cabin, Game Room, Hot tub, Private
Cabin · 3 bd · 2.5 ba · sleeps 10 · 0.7 mi
Revenue $9,288ADR $398Occ ≈ 6%4.8★ (69)
Delisted
Patagonia on the River
House · 3 bd · 2 ba · sleeps 6 · 0.7 mi
- A/C
- Free parking
- Pets OK
- Wifi
- +4
Revenue $6,865ADR $187Occ ≈ 10%4.7★ (3)
Hilltop Hideaway
House · 3 bd · 2 ba · sleeps 6 · 0.7 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +3
Revenue $28,505ADR $144Occ ≈ 54%4.7★ (16)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Deer Haven Bungalow- Pet friendly, hot tub Cabin | 3 bd · 3 ba · sleeps 6 | $44,296 | $247 | 49% | 4.8★ (14) | 0.4 mi | AirbnbBooking |
Legends Hideaway-Hot tub, game room, fireplace&Pit Cabin
| 3 bd · 2.5 ba · sleeps 10 | $32,994 | $317 | 29% | 5★ (22) | 0.4 mi | AirbnbVrbo |
Fun Octagon Cabin on Double Lot! Hot Tub, Firepit! Cabin
| 3 bd · 2 ba · sleeps 8 | $50,748 | $257 | 54% | 5★ (116) | 0.5 mi | AirbnbVrbo |
Pet-Friendly Ellijay Cabin in the Woods on 1 Acre! Cabin
| 3 bd · 2 ba · sleeps 6 | $16,177 | $145 | 31% | 3.6★ (9) | 0.5 mi | AirbnbVrboBooking |
Honey Bear Hideaway - Private. New Hot Tub. Cabin
| 3 bd · 3 ba · sleeps 7 | $23,632 | $185 | 35% | 5★ (13) | 0.5 mi | AirbnbVrbo |
Private Riverside Cabin Cabin
| 3 bd · 2 ba · sleeps 8 | $62,726 | $250 | 69% | 4.9★ (170) | 0.5 mi | AirbnbVrbo |
R & R River | No Pet Fees | Sleeps 6 | Coosawattee | pool table | sauna Cabin
| 3 bd · 3 ba · sleeps 6 | $51,979 | $314 | 45% | 4.8★ (107) | 0.5 mi | Vrbo |
Pet-Friendly escape in Ellijay! Private Hot Tub! Cabin
| 3 bd · 3 ba · sleeps 6 | $45,538 | $323 | 39% | 4.5★ (16) | 0.5 mi | AirbnbVrboBooking |
Peaceful Mountain View Cabin Hot tub Game Room Cabin
| 3 bd · 3 ba · sleeps 8 | $51,094 | $314 | 45% | 5★ (153) | 0.5 mi | AirbnbVrbo |
Roost On The Ridge-hot tub, ping pong, sunroom Cabin
| 3 bd · 3 ba · sleeps 6 | $26,554 | $260 | 28% | 4.8★ (15) | 0.6 mi | AirbnbVrboBooking |
Private Hot Tub Cabin—Dog Run, Theater & Arcade Cabin
| 3 bd · 2.5 ba · sleeps 6 | $67,970 | $269 | 69% | 5★ (125) | 0.6 mi | AirbnbVrboBooking |
Cozy Fall Cabin in Ellijay + Hot Tub + Sleeps 8! Cabin
| 3 bd · 3 ba · sleeps 8 | $50,720 | $283 | 49% | 5★ (169) | 0.6 mi | AirbnbVrboBooking |
Epic Mtn Views! Hot Tub, Spacious Decks, Game Room Cabin
| 3 bd · 3 ba · sleeps 9 | $80,307 | $315 | 70% | 5★ (96) | 0.6 mi | AirbnbVrbo |
Spacious riverfront home with private dock, firepit & scenic outdoor space House | 3 bd · 2 ba · sleeps 6 | $18,607 | $221 | 23% | 4.8★ (4) | 0.6 mi | Delisted |
Coosawattee-2 Kings, Hot Tub, Pool Table, Fire Pit House
| 3 bd · 3 ba · sleeps 6 | $33,439 | $246 | 37% | 5★ (103) | 0.6 mi | AirbnbVrbo |
Mountain Bliss: Hot Tub, Fire Pit, Game Room & Vie Cabin | 3 bd · 3 ba · sleeps 10 | $33,347 | $417 | 22% | 4.9★ (71) | 0.6 mi | AirbnbBooking |
New - Luxurious Mountain Home for 8 w/ amenities Cabin
| 3 bd · 2.5 ba · sleeps 8 | $49,416 | $285 | 48% | 4.8★ (18) | 0.7 mi | AirbnbVrboBooking |
Serenity Now! located in Coosawattee River Resort Cabin | 3 bd · 2 ba · sleeps 7 | $12,323 | $280 | 12% | 4.9★ (9) | 0.7 mi | Airbnb |
River Resort | Hot Tub + Game Room + Fenced Yard Cabin
| 3 bd · 3 ba · sleeps 10 | $1,689 | $271 | 2% | 5★ (1) | 0.7 mi | AirbnbVrboBooking |
Riverfront cabin, Game Room, Hot tub, Private Cabin | 3 bd · 2.5 ba · sleeps 10 | $9,288 | $398 | 6% | 4.8★ (69) | 0.7 mi | Delisted |
Patagonia on the River House
| 3 bd · 2 ba · sleeps 6 | $6,865 | $187 | 10% | 4.7★ (3) | 0.7 mi | Airbnb |
Bamby Bungalow. Family and Pet Getaway. Fenced yrd Cabin
| 3 bd · 2 ba · sleeps 8 | $53,766 | $223 | 66% | 5★ (150) | 0.7 mi | AirbnbVrbo |
Hot Tub|Fire Pit|Game Room LUX family retreat Cabin
| 3 bd · 3 ba · sleeps 8 | $52,666 | $245 | 59% | 5★ (91) | 0.7 mi | AirbnbVrbo |
3 King Bed Retreat with Hot Tub, near Downtown LIJ House
| 3 bd · 2 ba · sleeps 6 | $29,127 | $321 | 25% | 5★ (76) | 0.7 mi | AirbnbVrbo |
Fully-Fenced w/Pool & Resort Access, Pet-Friendly Cabin
| 3 bd · 2.5 ba · sleeps 8 | $38,089 | $289 | 36% | 5★ (97) | 0.7 mi | AirbnbVrboBooking |
Hilltop Hideaway House
| 3 bd · 2 ba · sleeps 6 | $28,505 | $144 | 54% | 4.7★ (16) | 0.7 mi | Airbnb |
Cozy cabin in Ellijay, near Blue Ridge ! House | 3 bd · 3 ba · sleeps 9 | $63,690 | $313 | 56% | 5★ (45) | 0.7 mi | AirbnbBooking |
Eagle View Lodge | Ellijay, GA Cabin
| 3 bd · 3 ba · sleeps 6 | $57,874 | $380 | 42% | 5★ (46) | 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 8.15% = 7.40% Freddie Mac 30-yr avg (Oct 8) + 0.75% investor premium
Est. revenue
$41,540
NOI
$19,414
Cash flow /mo
-$554
Cash needed
$132,310
Cash-on-cash
-5.0%
ROE (yr 1)
5.6%
Cap rate
5.0%
DSCR
0.75
Year-1 write-off
$96,652
Year-1 tax shield @ 32%
$30,929
Year-1 return on equity
- Cash flow (annual)-$6,643
- Principal paydown$2,366
- Appreciation at%$11,670
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)$8,308
- Platform fees (3% of revenue)$1,246
- Maintenance / capex (5% of revenue)$2,077
- Utilities & supplies$4,200
- HOA$0
- Property tax$2,094
- Insurance (STR-rated)$4,201
Cash needed to close
- Down payment (25%)$97,250
- Closing costs (4.0%)$15,560
- Furnishing (bought new)$19,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$30,929
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
$372,000
Short-life (5/15-yr)
$77,000 · 21%
Year-1 deduction
$97,000
Year-1 tax shield @ 32%
$31,000
Land 4% (county tax record, market value split) · building $295,000 over 39 years · new furniture $20,000
Based on: ~1,900 sq ft (from beds), built 2023, 3 bd / 2 ba, unfurnished, listing features (flooring types, appliance list, septic).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $72,000 in year 1 (14% short-life, $23,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $9,800
Kitchen cabinetsdefault
$10,000 new × 88% good × 1.11 allocation
- $8,000
Kitchen countertopsdefault
$8,200 new × 88% good × 1.11 allocation
- $3,300
Decorative trimdefault
$3,300 new × 88% good × 1.11 allocation
- $300
Mirrorsdefault
$300 new × 75% good × 1.11 allocation
- $1,200
Shelvingdefault
$1,200 new × 88% good × 1.11 allocation
- $3,700
Window coverings (19)default
$4,800 new × 70% good × 1.11 allocation
- $10,200
Carpet, vinyl & laminate (100% of floors)listing
$12,200 new × 75% good × 1.11 allocation
- $8,100
Kitchen & laundry equipment plumbingdefault
$7,800 new × 94% good × 1.11 allocation
- $4,900
Kitchen, laundry & data equipment electricaldefault
$4,700 new × 94% good × 1.11 allocation
- $6,400
Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing
$7,700 new × 75% good × 1.11 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $8,900
Paving: driveway & walks (paved)default
$9,000 new × 88% good × 1.11 allocation
- $8,500
Landscaping (typical)default
$8,700 new × 88% good × 1.11 allocation
- $1,800
Patiosdefault
$1,900 new × 88% good × 1.11 allocation
- $1,800
Decks & porches (attached)default
$1,900 new × 85% good × 1.11 allocation
- $218,200
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$206,100 new × 95% good × 1.11 allocation
- $22,400
Building plumbing & fixturesdefault
$21,400 new × 94% good × 1.11 allocation
- $22,400
Building electrical & lightingdefault
$21,400 new × 94% good × 1.11 allocation
- $20,300
HVACdefault
$21,400 new × 85% good × 1.11 allocation
- $11,800
Septic systemlisting
$12,000 new × 88% good × 1.11 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $75,300 | $21,000 | $300 | $96,700 |
| 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 | $264,400 | $264,400 |
| Total | $75,300 | $21,000 | $294,900 | $391,300 |
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.