2601 Old Highway 5 S
Ellijay, GA 30540
$329,900
3 bd · 2 ba · 1,502 sqft · Listed 48d ago
View on Realtor.com →Year built
1950
Sqft
1,502
Lot sqft
43,560
HOA / mo
$0
Furnished
No
List date
2026-09-25T14:13:56.000000Z
Revenue
Annual revenue
$31,944
ADR
$199
Occupancy
44%
Cleaning fees (12 mo)
$7,411
Confidence
Low (35.19), 50 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $25,668
Empress Tree Lodge - HotTub/Sauna/FirePit/Sleeps10
House · 3 bd · 3 ba · sleeps 10 · 0.8 mi
Revenue $29,859ADR $330Occ ≈ 25%4.8★ (27)
Maple Summit Ellijay
Cabin · 3 bd · 3 ba · sleeps 8 · 1.1 mi
- Hot tub
- Pool
- A/C
- Wifi
- +4
Revenue $3,184ADR $318Occ ≈ 3%5★ (1)
Cozy cabin w/ outdoor deck and access to Coosawattee Resort amenities
Cabin · 3 bd · 3 ba · sleeps 8 · 1.1 mi
Revenue $7,517ADR $309Occ ≈ 7%5★ (1)
Delisted
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
MTN Views | Hot Tub | Games | Dog Friendly House
| 3 bd · 2 ba · sleeps 7 | $30,790 | $199 | 42% | 5★ (17) | 0.5 mi | AirbnbVrboBooking |
Peaceful & Spacious Modern Cabin w/ Hot Tub Chalet | 3 bd · 2.5 ba · sleeps 6 | $39,319 | $232 | 46% | 5★ (106) | 0.7 mi | AirbnbBooking |
Coos Moose House | 3 bd · 2 ba · sleeps 9 | $14,132 | $186 | 21% | — | 0.8 mi | Booking |
Empress Tree Lodge - HotTub/Sauna/FirePit/Sleeps10 House | 3 bd · 3 ba · sleeps 10 | $29,859 | $330 | 25% | 4.8★ (27) | 0.8 mi | Airbnb |
Ellijay Escape: Hike, Shop, Explore & More! Cabin
| 3 bd · 2.5 ba · sleeps 8 | $14,049 | $187 | 21% | 4.4★ (13) | 0.8 mi | AirbnbVrboBooking |
New Build Rustic Stay! Hot Tub|Fire Pit|Game Room Cabin
| 3 bd · 2.5 ba · sleeps 10 | $45,673 | $320 | 39% | 5★ (94) | 1.0 mi | AirbnbVrboBooking |
Modern cabin retreat in Coosawattee river resort Cabin
| 3 bd · 2 ba · sleeps 7 | $44,241 | $265 | 46% | 5★ (30) | 1.0 mi | AirbnbVrbo |
Maple Summit Ellijay Cabin
| 3 bd · 3 ba · sleeps 8 | $3,184 | $318 | 3% | 5★ (1) | 1.1 mi | Airbnb |
Sweet Tea Retreat, Ellijay Cabin
| 3 bd · 2 ba · sleeps 6 | $20,042 | $249 | 22% | 4.9★ (47) | 1.1 mi | AirbnbVrbo |
Cozy cabin w/ outdoor deck and access to Coosawattee Resort amenities Cabin | 3 bd · 3 ba · sleeps 8 | $7,517 | $309 | 7% | 5★ (1) | 1.1 mi | Delisted |
Show 38 more
Modern mountain cabin with patio, central AC, and washer/dryer
House · 3 bd · 2 ba · sleeps 7 · 1.2 mi
Revenue $27,393ADR $153Occ ≈ 49%4.9★ (17)
Delisted
Woodland Escape Cabin
House · 3 bd · 2 ba · sleeps 7 · 1.2 mi
- A/C
- Wifi
- Kitchen
- Washer
Revenue $3,100ADR $172Occ ≈ 5%4.9★ (26)
Sweet Tea Retreat up on the hill in Cossawattee River Resort Ellijay
House · 3 bd · 2 ba · sleeps 6 · 1.3 mi
Revenue $19,485ADR $262Occ ≈ 20%4★ (1)
Delisted
Resort cabin, close to gate, hot tub, fenced yard
Cabin · 3 bd · 2 ba · sleeps 7 · 1.3 mi
Revenue $36,743ADR $271Occ ≈ 37%4.9★ (179)
Resort Cabin w/Hot Tub, Firepit Mins to DT Ellijay
Cabin · 3 bd · 3 ba · sleeps 8 · 1.4 mi
Revenue $7,273ADR $421Occ ≈ 5%5★ (62)
Wander and Wine - Ellijay Escape
House · 3 bd · 2 ba · sleeps 6 · 1.6 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +3
Revenue $43,279ADR $196Occ ≈ 60%5★ (37)
Rustic Sanctuary Cabin/3BR/2B
Cabin · 3 bd · 2 ba · sleeps 6 · 1.6 mi
- Pool
- A/C
- Free parking
- Wifi
- +3
Revenue $19,011ADR $205Occ ≈ 25%5★ (59)
Welcome to Bear Necessities!
Cabin · 3 bd · 2 ba · sleeps 6 · 1.6 mi
Revenue $7,482ADR $252Occ ≈ 8%5★ (7)
3 Bedroom Lodge
Villa · 3 bd · 2 ba · sleeps 6 · 1.7 mi
Revenue $800ADR $266Occ ≈ 1%—
Delisted
Cozy Blue Ridge Cabin • Firepit • Near Orchards
Cabin · 3 bd · 2 ba · sleeps 8 · 1.7 mi
Revenue $8,717ADR $198Occ ≈ 12%5★ (3)
Riverfront Cabin w/ Hot-tub, peaceful escape
Cabin · 3 bd · 2.5 ba · sleeps 7 · 1.7 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +4
Revenue $28,871ADR $250Occ ≈ 32%5★ (16)
Rustic Retreat
Cabin · 3 bd · 2.5 ba · sleeps 8 · 1.8 mi
Revenue $60,321ADR $232Occ ≈ 71%5★ (75)
Cabin at Coosawattee River Resort with private hot tub, pool & river access
Cabin · 3 bd · 3 ba · sleeps 8 · 1.8 mi
Revenue $19,131ADR $294Occ ≈ 18%4.9★ (14)
Delisted
Whitetail River Retreat
Cabin · 3 bd · 2 ba · sleeps 6 · 1.8 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +2
Revenue $13,846ADR $411Occ ≈ 9%—
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
3 BR home with outdoor deck and serene views Cabin
| 3 bd · 3 ba · sleeps 8 | $2,730 | $273 | 3% | — | 1.2 mi | AirbnbVrboBooking |
Modern mountain cabin with patio, central AC, and washer/dryer House | 3 bd · 2 ba · sleeps 7 | $27,393 | $153 | 49% | 4.9★ (17) | 1.2 mi | Delisted |
Woodland Escape Cabin House
| 3 bd · 2 ba · sleeps 7 | $3,100 | $172 | 5% | 4.9★ (26) | 1.2 mi | Airbnb |
Cozy 3BR cabin located on Talona Lake Mountain! Cabin
| 3 bd · 2 ba · sleeps 7 | $23,942 | $165 | 40% | 4.6★ (47) | 1.2 mi | AirbnbVrbo |
Hardwood Hideaway Stay House
| 3 bd · 2 ba · sleeps 7 | $14,143 | $170 | 23% | 4.8★ (52) | 1.2 mi | AirbnbVrbo |
Ellijay Retreat w/ Access to Community Pools! House
| 3 bd · 2 ba · sleeps 6 | $34,449 | $203 | 46% | 5★ (14) | 1.3 mi | AirbnbVrboBooking |
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) | 1.3 mi | Delisted |
Resort cabin, close to gate, hot tub, fenced yard Cabin | 3 bd · 2 ba · sleeps 7 | $36,743 | $271 | 37% | 4.9★ (179) | 1.3 mi | Airbnb |
New : Sunset Mountains Views, Orchards, Vineyards House | 3 bd · 2.5 ba · sleeps 6 | $20,508 | $370 | 15% | 5★ (7) | 1.3 mi | AirbnbBooking |
Resort Cabin w/Hot Tub, Firepit Mins to DT Ellijay Cabin | 3 bd · 3 ba · sleeps 8 | $7,273 | $421 | 5% | 5★ (62) | 1.4 mi | Airbnb |
Cabin w/Hot Tub, Sauna, Firepits, Resort Amenities House
| 3 bd · 3 ba · sleeps 8 | $66,080 | $317 | 57% | 5★ (39) | 1.4 mi | AirbnbVrbo |
Rustic|SunsetView|Pool|ArcadeGames|BBQ|FirePit Cabin
| 3 bd · 2 ba · sleeps 8 | $41,538 | $244 | 47% | 4.8★ (75) | 1.4 mi | AirbnbVrboBooking |
Modern rustic cabin~ Hot Tub~ Pet Friendly House
| 3 bd · 3 ba · sleeps 8 | $7,289 | $235 | 8% | 5★ (4) | 1.5 mi | AirbnbVrbo |
Mountain Creek Lodge- Lovely Custom Cabin, Hot Tub Cabin
| 3 bd · 3 ba · sleeps 6 | $39,630 | $280 | 39% | 4.5★ (33) | 1.5 mi | AirbnbVrboBooking |
Deer Haven Cottage I Long Range Mountain View Cabin
| 3 bd · 2 ba · sleeps 6 | $18,670 | $259 | 20% | 4.8★ (15) | 1.5 mi | AirbnbVrbo |
Vino Vista 2BR+Loft-Wine Cellar, Game Rm & Hot Tub Cabin
| 3 bd · 2 ba · sleeps 8 | $38,637 | $210 | 50% | 5★ (85) | 1.5 mi | AirbnbVrbo |
5-Star Cabin w/Hot Tub, Game Room, & Resort Perks! Cabin
| 3 bd · 2.5 ba · sleeps 6 | $55,560 | $261 | 58% | 5★ (181) | 1.5 mi | AirbnbVrboBooking |
LUX Cabin | Hot Tub, Pools & Resort Amenities Cabin
| 3 bd · 2 ba · sleeps 6 | $22,012 | $254 | 24% | 4.8★ (101) | 1.6 mi | AirbnbVrbo |
Fireside Cabin with Friendly Deer Cabin
| 3 bd · 3 ba · sleeps 10 | $48,391 | $244 | 54% | 5★ (181) | 1.6 mi | AirbnbVrboBooking |
Beautiful Light-Filled Cabin in Ellijay w/Fire Pit Cabin
| 3 bd · 2.5 ba · sleeps 6 | $33,396 | $188 | 49% | 4.9★ (81) | 1.6 mi | AirbnbVrbo |
Secluded Cabin-Pool access/7Beds Cabin
| 3 bd · 3 ba · sleeps 9 | $48,273 | $216 | 61% | 4.8★ (156) | 1.6 mi | AirbnbVrbo |
Three Trees Retreat | Hot Tub+Deck+Fire pit+PetsOK House
| 3 bd · 2 ba · sleeps 6 | $28,726 | $218 | 36% | 4.8★ (27) | 1.6 mi | AirbnbVrboBooking |
Wander and Wine - Ellijay Escape House
| 3 bd · 2 ba · sleeps 6 | $43,279 | $196 | 60% | 5★ (37) | 1.6 mi | Airbnb |
Rustic Sanctuary Cabin/3BR/2B Cabin
| 3 bd · 2 ba · sleeps 6 | $19,011 | $205 | 25% | 5★ (59) | 1.6 mi | Airbnb |
Modern Ellijay Cabin Rental w/ Outdoor Fireplace Cabin | 3 bd · 2 ba · sleeps 6 | $19,762 | $168 | 32% | 5★ (47) | 1.6 mi | AirbnbBooking |
Welcome to Bear Necessities! Cabin | 3 bd · 2 ba · sleeps 6 | $7,482 | $252 | 8% | 5★ (7) | 1.6 mi | Airbnb |
Bucks Bear Lodge - Recharge in a Riverside Resort Cabin
| 3 bd · 3 ba · sleeps 8 | $47,329 | $350 | 37% | 4.9★ (22) | 1.7 mi | AirbnbVrboBooking |
3 Bedroom Lodge Villa | 3 bd · 2 ba · sleeps 6 | $800 | $266 | 1% | — | 1.7 mi | Delisted |
Rustic Retreat - Paradise Found Cabin
| 3 bd · 2.5 ba · sleeps 8 | $17,903 | $168 | 29% | 5★ (4) | 1.7 mi | AirbnbVrboBooking |
Cozy Blue Ridge Cabin • Firepit • Near Orchards Cabin | 3 bd · 2 ba · sleeps 8 | $8,717 | $198 | 12% | 5★ (3) | 1.7 mi | Airbnb |
Riverfront Cabin w/ Hot-tub, peaceful escape Cabin
| 3 bd · 2.5 ba · sleeps 7 | $28,871 | $250 | 32% | 5★ (16) | 1.7 mi | Airbnb |
Riverfront, Hot Tub! Coosawattee River Resort Home House
| 3 bd · 3 ba · sleeps 8 | $34,296 | $322 | 29% | 5★ (13) | 1.7 mi | AirbnbVrboBooking |
Creekfront Cabin with Waterfall, Hot Tub, Fire Pit House
| 3 bd · 2 ba · sleeps 6 | $41,373 | $223 | 51% | 5★ (130) | 1.8 mi | AirbnbVrbo |
Rustic Retreat Cabin | 3 bd · 2.5 ba · sleeps 8 | $60,321 | $232 | 71% | 5★ (75) | 1.8 mi | Airbnb |
Cabin at Coosawattee River Resort with private hot tub, pool & river access Cabin | 3 bd · 3 ba · sleeps 8 | $19,131 | $294 | 18% | 4.9★ (14) | 1.8 mi | Delisted |
Cozy Blue Ridge Cabin w/ River Access & Fire Pit Cabin
| 3 bd · 2 ba · sleeps 6 | $45,106 | $209 | 59% | 4.8★ (198) | 1.8 mi | AirbnbVrboBooking |
Whitetail River Retreat Cabin
| 3 bd · 2 ba · sleeps 6 | $13,846 | $411 | 9% | — | 1.8 mi | Airbnb |
Copper Lantern Stays Cabin
| 3 bd · 3 ba · sleeps 8 | $1,055 | $218 | 1% | 4.5★ (17) | 1.8 mi | AirbnbVrboBooking |
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
$31,944
NOI
$15,114
Cash flow /mo
$1,259
Cash needed
$362,596
Cash-on-cash (all cash)
4.2%
ROE (yr 1)
6.9%
Cap rate
4.6%
DSCR
—
Year-1 write-off
$91,334
Year-1 tax shield @ 32%
$29,227
Year-1 return on equity
- Cash flow (annual)$15,114
- Principal paydown (n/a, cash)$0
- Appreciation at%$9,897
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)$6,389
- Platform fees (3% of revenue)$958
- Maintenance / capex (5% of revenue)$1,597
- Utilities & supplies$4,200
- HOA$0
- Property tax$123
- Insurance (STR-rated)$3,563
Cash needed to close
- Purchase price (all cash)$329,900
- Closing costs (4.0%)$13,196
- Furnishing (bought new)$19,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$29,227
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
$293,000
Short-life (5/15-yr)
$71,000 · 24%
Year-1 deduction
$91,000
Year-1 tax shield @ 32%
$29,000
Land 11% (county tax record, market value split) · building $222,000 over 39 years · new furniture $20,000
Based on: 1,502 sq ft, built 1950, 3 bd / 2 ba, unfurnished, listing features (pool, fireplace, flooring types, appliance list, septic, wooded lot).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $70,000 in year 1 (17% short-life, $22,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $8,800
Kitchen cabinetsdefault
$9,100 new × 40% good × 2.41 allocation
- $7,200
Kitchen countertopsdefault
$7,400 new × 40% good × 2.41 allocation
- $2,500
Decorative trimdefault
$2,600 new × 40% good × 2.41 allocation
- $300
Mirrorsdefault
$300 new × 40% good × 2.41 allocation
- $1,200
Shelvingdefault
$1,200 new × 40% good × 2.41 allocation
- $3,600
Window coverings (15)default
$3,800 new × 40% good × 2.41 allocation
- $9,300
Carpet, vinyl & laminate (100% of floors)listing
$9,700 new × 40% good × 2.41 allocation
- $6,800
Kitchen & laundry equipment plumbingdefault
$7,100 new × 40% good × 2.41 allocation
- $4,100
Kitchen, laundry & data equipment electricaldefault
$4,300 new × 40% good × 2.41 allocation
- $3,700
Appliances (range, dishwasher, dryer)listing
$3,800 new × 40% good × 2.41 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $9,700
Paving: driveway & walks (paved)default
$8,000 new × 50% good × 2.41 allocation
- $4,700
Landscaping (minimal)listing
$3,900 new × 50% good × 2.41 allocation
- $1,800
Patiosdefault
$1,500 new × 50% good × 2.41 allocation
- $1,800
Decks & porches (attached)default
$1,500 new × 50% good × 2.41 allocation
- $5,800
Pool (above-ground)listing
$6,000 new × 40% good × 2.41 allocation
- $156,700
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$162,600 new × 40% good × 2.41 allocation
- $16,300
Building plumbing & fixturesdefault
$16,900 new × 40% good × 2.41 allocation
- $15,700
Building electrical & lightingdefault
$16,300 new × 40% good × 2.41 allocation
- $16,300
HVACdefault
$16,900 new × 40% good × 2.41 allocation
- $2,500
Fireplacelisting
$2,600 new × 40% good × 2.41 allocation
- $14,500
Septic systemlisting
$12,000 new × 50% good × 2.41 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $66,900 | $23,700 | $700 | $91,300 |
| 2 | $0 | $0 | $5,700 | $5,700 |
| 3 | $0 | $0 | $5,700 | $5,700 |
| 4 | $0 | $0 | $5,700 | $5,700 |
| 5 | $0 | $0 | $5,700 | $5,700 |
| 6+ | $0 | $0 | $198,500 | $198,500 |
| Total | $66,900 | $23,700 | $222,000 | $312,600 |
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.