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227 Haven Ct

227 Haven Ct

Ellijay, GA 30540

$389,000

2 bd · 2 ba · 1,350 sqft · Listed today

View on Realtor.com →
Low confidence

Year built

2026

Sqft

1,350

Lot sqft

36,590

HOA / mo

$99

Furnished

No

List date

2026-10-29T02:49:16.000000Z

Revenue

Annual revenue

$28,887

ADR

$187

Occupancy

42%

Cleaning fees (12 mo)

$7,876

Confidence

Low (28.42), 16 comps

Comp revenue range (p25 / median / p75)

$9,968$28,181$43,875

Median revenue of shown comps: $28,181

  • Pet-Friendly Family Cabin Coosawattee River Resort

    Cabin · 2 bd · 2.5 ba · sleeps 8 · 0.1 mi

    Revenue $6,640ADR $227Occ ≈ 8%4.8★ (32)

    Delisted

  • Owl's Roost | Dog-Friendly Cabin + Hot Tub

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.2 mi

    • Hot tub
    • Pool
    • A/C
    • Pets OK
    • +4

    Revenue $25,933ADR $234Occ ≈ 30%5★ (63)

    AirbnbVrbo

  • Tranquil Paradise Stay

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.2 mi

    • Pool
    • A/C
    • Pets OK
    • Wifi
    • +4

    Revenue $10,301ADR $209Occ ≈ 14%4.5★ (36)

    AirbnbVrboBooking

  • Hollow Tree Hideaway -

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.3 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +4

    Revenue $36,116ADR $167Occ ≈ 59%4.8★ (83)

    AirbnbVrboBooking

  • *Muses Lodge*$Views|Ellijay|Relax|Fire Pit|Hot Tub

    Cabin · 2 bd · 2 ba · sleeps 8 · 0.3 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +6

    Revenue $57,551ADR $263Occ ≈ 60%4.8★ (145)

    AirbnbVrboBooking

  • Cozy dog-friendly cabin with shared pool, & amenities

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.3 mi

    Revenue $19,534ADR $169Occ ≈ 32%4.3★ (10)

    Delisted

  • Dragon's Den - Cast a Line in the Resort Pond

    Cabin · 2 bd · 3 ba · sleeps 6 · 0.4 mi

    Revenue $43,066ADR $364Occ ≈ 32%4.5★ (11)

    AirbnbBooking

  • Luxury Creekside wonderland

    Cabin · 2 bd · 2.5 ba · sleeps 7 · 0.6 mi

    Revenue $31,856ADR $223Occ ≈ 39%5★ (38)

    AirbnbBooking

  • Serene Breeze

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.6 mi

    • Pool
    • Free parking
    • Wifi
    • Kitchen
    • +1

    Revenue $1,424ADR $124Occ ≈ 3%—

    Airbnb

  • SereneBreeze RelaxUnwind Make

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.6 mi

    • Pool
    • Free parking
    • Wifi
    • Kitchen
    • +1

    Revenue $606ADR $121Occ ≈ 1%—

    Airbnb

Show 6 more

  • Luxury Cabin with Hot Tub in Gated Community

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.6 mi

    Revenue $15,011ADR $261Occ ≈ 16%5★ (87)

    Airbnb

  • Whitetail Mountain Lodge by Mountain Oasis | Cabin

    Cabin · 2 bd · 3 ba · sleeps 6 · 0.7 mi

    Revenue $8,970ADR $261Occ ≈ 9%4.5★ (27)

    Airbnb

  • Bird Dog Lodge. Fire pit & hot tub. Dogs stay Free

    Cabin · 2 bd · 2 ba · sleeps 8 · 0.7 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +5

    Revenue $62,037ADR $203Occ ≈ 84%5★ (210)

    AirbnbVrboBooking

  • *NEW*Hot Tub•King Bed•Pets Free•Deer Haven

    House · 2 bd · 3 ba · sleeps 8 · 0.7 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +6

    Revenue $30,428ADR $323Occ ≈ 26%5★ (16)

    AirbnbVrbo

  • NEW | HotTub | GameRoom | Firepit | Master on Main

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.7 mi

    Revenue $48,048ADR $216Occ ≈ 61%5★ (28)

    Airbnb

  • Mt.Rush-No-More | Ellijay,GA

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.7 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +3

    Revenue $46,300ADR $375Occ ≈ 34%4.8★ (25)

    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

Financing
Management

Est. revenue

$28,887

NOI

$9,978

Cash flow /mo

$832

Cash needed

$420,560

Cash-on-cash (all cash)

2.4%

ROE (yr 1)

5.1%

Cap rate

2.6%

DSCR

—

Year-1 write-off

$112,144

Year-1 tax shield @ 32%

$35,886

Year-1 return on equity

  • Cash flow (annual)$9,978
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$11,670
ROE5.1%

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)$5,777
  • Platform fees (3% of revenue)$867
  • Maintenance / capex (5% of revenue)$1,444
  • Utilities & supplies$4,200
  • HOA$1,188
  • Property tax$1,231
  • Insurance (STR-rated)$4,201

Cash needed to close

  • Purchase price (all cash)$389,000
  • Closing costs (4.0%)$15,560
  • Furnishing (bought new)$16,000

Tax savings if the STR loophole applies

  • Tax shield @ 32%$35,886

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)

$96,000 · 26%

Year-1 deduction

$112,000

Year-1 tax shield @ 32%

$36,000

Land 4% (county tax record, market value split) · building $276,000 over 39 years · new furniture $16,000

Based on: 1,350 sq ft, built 2026, 2 bd / 2 ba, unfurnished, listing features (deck, fireplace, stone counters, flooring types, appliance list, septic, wooded lot).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $64,000 in year 1 (13% short-life, $21,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$75,300

  • Kitchen cabinetsdefault

    $8,800 new × 100% good × 1.32 allocation

    $11,500

  • Kitchen countertops (stone)listing

    $9,000 new × 100% good × 1.32 allocation

    $11,800

  • Decorative trimdefault

    $2,400 new × 100% good × 1.32 allocation

    $3,100

  • Mirrorsdefault

    $300 new × 100% good × 1.32 allocation

    $400

  • Shelvingdefault

    $900 new × 100% good × 1.32 allocation

    $1,200

  • Window coverings (14)default

    $3,500 new × 100% good × 1.32 allocation

    $4,600

  • Carpet, vinyl & laminate (50% of floors)listing

    $4,300 new × 100% good × 1.32 allocation

    $5,700

  • Kitchen & laundry equipment plumbingdefault

    $6,800 new × 100% good × 1.32 allocation

    $9,000

  • Kitchen, laundry & data equipment electricaldefault

    $4,100 new × 100% good × 1.32 allocation

    $5,400

  • Appliances (range, dishwasher, refrigerator)listing

    $5,000 new × 100% good × 1.32 allocation

    $6,600

  • Furniture bought newlisting

    $16,000 new × 100% good · bought separately

    $16,000
15-year land improvements$36,600

  • Paving: driveway & walks (paved)default

    $7,600 new × 100% good × 1.32 allocation

    $10,000

  • Landscaping (minimal)listing

    $3,700 new × 100% good × 1.32 allocation

    $4,800

  • Patiosdefault

    $1,300 new × 100% good × 1.32 allocation

    $1,800

  • Decks & porches (attached)listing

    $15,200 new × 100% good × 1.32 allocation

    $20,000
Building, 39-year$276,300

  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $146,300 new × 100% good × 1.32 allocation

    $192,500

  • Building plumbing & fixturesdefault

    $15,200 new × 100% good × 1.32 allocation

    $19,900

  • Building electrical & lightingdefault

    $14,400 new × 100% good × 1.32 allocation

    $18,900

  • HVACdefault

    $15,200 new × 100% good × 1.32 allocation

    $20,000

  • Hardwood & tile floorsdefault

    $4,300 new × 100% good × 1.32 allocation

    $5,700

  • Fireplacelisting

    $2,600 new × 100% good × 1.32 allocation

    $3,500

  • Septic systemlisting

    $12,000 new × 100% good × 1.32 allocation

    $15,800

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$75,300$36,600$300$112,100
2$0$0$7,100$7,100
3$0$0$7,100$7,100
4$0$0$7,100$7,100
5$0$0$7,100$7,100
6+$0$0$247,700$247,700
Total$75,300$36,600$276,300$388,100

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.