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750 Lemmon Ln S Unit 200

750 Lemmon Ln S Unit 200

Ellijay, GA 30540

$415,000

3 bd · 3 ba · 2,240 sqft · Listed 17d ago

View on Realtor.com →
Rental historyLow confidence

Year built

2000

Sqft

2,240

Lot sqft

22,216

HOA / mo

$99

Furnished

No

List date

2026-09-10T14:15:50.000000Z

Revenue

Annual revenue

$40,644

ADR

$260

Occupancy

43%

Cleaning fees (12 mo)

$7,764

Confidence

Low (39.89), 31 comps

Comp revenue range (p25 / median / p75)

$16,146$43,302$53,386
  • *White Pine Hideaway*Fire Pit~Hot Tub~Games~Resort

    Cabin · 3 bd · 3 ba · sleeps 6 · 246 ft

    Revenue $34,457ADR $290Occ ≈ 33%5★ (23)

    AirbnbVrboBooking

  • Camp Little Creek, Cozy Mountain Cabin

    Cabin · 3 bd · 2.5 ba · sleeps 6 · 0.1 mi

    Revenue $36,068ADR $319Occ ≈ 31%5★ (65)

    AirbnbVrbo

  • Cozy Cabin-Ellijay-HotTub-Game Room-Family Getaway

    Cabin · 3 bd · 3 ba · sleeps 12 · 0.2 mi

    Revenue $42,627ADR $311Occ ≈ 38%5★ (40)

    AirbnbVrboBooking

  • Amazing 3 3.5 on the RIVER-sleeps 10

    Cabin · 3 bd · 3.5 ba · sleeps 10 · 0.2 mi

    Revenue $14,162ADR $254Occ ≈ 15%4.9★ (56)

    AirbnbVrbo

  • Secluded Cabin Rental with a Hot Tub in the Blue Ridge Mountains, Georgia

    Vacation home · 3 bd · 2 ba · sleeps 6 · 0.3 mi

    Revenue $3,127ADR $232Occ ≈ 4%—

    Booking

  • The Lonesome Pine

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.3 mi

    Revenue $932ADR $233Occ ≈ 1%5★ (177)

    AirbnbVrbo

  • Private Cabin • Hot Tub • Pet Friendly •Fiber WiFi

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

    Revenue $43,629ADR $186Occ ≈ 64%5★ (154)

    AirbnbVrbo

  • Deer valley overlook, large, 4 bedrooms game room fire pit hot tub three decks

    Cabin · 3 bd · 3 ba · sleeps 14 · 0.4 mi

    Revenue $62,642ADR $635Occ ≈ 27%5★ (2)

    Vrbo

  • River's Creekside Cabin

    Cabin · 3 bd · 3 ba · sleeps 10 · 0.4 mi

    Revenue $3,730ADR $233Occ ≈ 4%4.6★ (14)

    AirbnbVrbo

  • Firefly Ridge / Luxury & Private in Coosawatte

    House · 3 bd · 2.5 ba · sleeps 6 · 0.4 mi

    Revenue $5,175ADR $431Occ ≈ 3%—

    AirbnbVrbo

Show all 31 comps
  • New Wellness Cabin-Sauna-Plunge-Hot Tub-Peloton

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.5 mi

    Revenue $78,830ADR $330Occ ≈ 65%5★ (71)

    AirbnbVrbo

  • Rushing River Lodge: Mountain Cabin with River View & Hot Tub

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.5 mi

    Revenue $47,199ADR $286Occ ≈ 45%5★ (2)

    Vrbo

  • Gorgeous Riverfront Home - Stunning views on Rushing River with Recent Updates!

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.5 mi

    Revenue $69,828ADR $375Occ ≈ 51%4.7★ (151)

    Vrbo

  • True Heaven Cabin in Ellijay GA

    Cabin · 3 bd · 3.5 ba · sleeps 8 · 0.5 mi

    Revenue $53,395ADR $368Occ ≈ 40%4.9★ (229)

    AirbnbVrbo

  • Creekside Cabin Escape • Hot Tub • Fire Pit

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.5 mi

    Revenue $25,653ADR $285Occ ≈ 25%5★ (82)

    AirbnbVrbo

  • Rocky River: Amenity-Packed, Riverfront Retreat, 8-Person Hot Tub/Sport Court.

    House · 3 bd · 3 ba · sleeps 20 · 0.5 mi

    Revenue $53,376ADR $488Occ ≈ 30%4.9★ (208)

    Vrbo

  • 3 BR cabin with shared pool & fireplaces

    Cabin · 3 bd · 2.5 ba · sleeps 6 · 0.5 mi

    Revenue $16,970ADR $305Occ ≈ 15%4.3★ (4)

    AirbnbVrboBooking

  • Riverstone: Amenity-Packed, Riverfront Retreat, 8-Person Hot Tub/Sport Court.

    House · 3 bd · 3 ba · sleeps 1 · 0.5 mi

    Revenue $51,378ADR $471Occ ≈ 30%4.9★ (200)

    Vrbo

  • The Lighthouse Retreat

    House · 3 bd · 3 ba · sleeps 6 · 0.6 mi

    Revenue $9,760ADR $216Occ ≈ 12%5★ (10)

    Airbnb

  • Luxury River Cabin/pool table/ lit b-ball/ p. pong

    Cabin · 3 bd · 3 ba · sleeps 14 · 0.6 mi

    Revenue $79,315ADR $667Occ ≈ 33%4.8★ (70)

    AirbnbVrboBooking

  • Rock The River Lodge, amazing views, hot tub

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.6 mi

    Revenue $78,421ADR $397Occ ≈ 54%5★ (14)

    AirbnbVrbo

  • Riverside Retreat

    House · 3 bd · 3.5 ba · sleeps 6 · 0.6 mi

    Revenue $15,322ADR $319Occ ≈ 13%5★ (1)

    AirbnbVrbo

  • Cozy Secluded Ellijay Bear Haven Cabin

    Cabin · 3 bd · 3 ba · sleeps 6 · 0.6 mi

    Revenue $43,302ADR $229Occ ≈ 52%5★ (71)

    AirbnbVrbo

  • Edgewater ideal for large group, river, basketball

    Cabin · 3 bd · 3 ba · sleeps 14 · 0.7 mi

    Revenue $48,775ADR $708Occ ≈ 19%4.8★ (49)

    AirbnbVrboBooking

  • Modern Luxurious Mountain cabin w/resort amenities

    Cabin · 3 bd · 2 ba · sleeps 7 · 0.7 mi

    Revenue $32,642ADR $176Occ ≈ 51%4.8★ (78)

    AirbnbVrboBooking

  • River of Dreams - Secluded River Cabin

    Cabin · 3 bd · 2.5 ba · sleeps 6 · 0.7 mi

    Revenue $33,424ADR $348Occ ≈ 26%4.8★ (67)

    AirbnbVrboBooking

  • River Rock Chalet: 2 BD/2Bth & Loft river front

    Cabin · 3 bd · 2 ba · sleeps 10 · 0.7 mi

    Revenue $44,532ADR $363Occ ≈ 34%4.9★ (130)

    AirbnbVrbo

  • Twisted River - Creek Front - Game Room - Hot Tub

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

    Revenue $58,373ADR $302Occ ≈ 53%4.9★ (11)

    Airbnb

  • It's Time to Unwind

    Cabin · 3 bd · 3.5 ba · sleeps 15 · 0.7 mi

    Revenue $55,590ADR $357Occ ≈ 43%5★ (126)

    Airbnb

  • LOVE DOGSNoFee/FencedYard|HotTub|FirePit|GameRoom

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.7 mi

    Revenue $46,970ADR $326Occ ≈ 39%5★ (24)

    AirbnbVrbo

  • Brand new build! Fireplace;Hot Tub, Sauna, firepit

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.7 mi

    Revenue $14,122ADR $277Occ ≈ 14%5★ (7)

    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

Est. revenue

$40,644

NOI

$17,314

Cash flow /mo

$1,443

Cash needed

$457,100

Cash-on-cash (all cash)

3.8%

ROE (yr 1)

6.5%

Cap rate

4.2%

DSCR

—

Year-1 write-off

$93,414

Year-1 tax shield @ 32%

$29,893

Year-1 return on equity

  • Cash flow (annual)$17,314
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$12,450
ROE6.5%
ROE incl. year-1 tax savings (32% bracket, STR loophole)13.1%
Opex, cash-needed & tax-savings breakdown

Annual operating expenses

  • Management (20% of revenue)$8,129
  • Platform fees (3% of revenue)$1,219
  • Maintenance / capex (5% of revenue)$2,032
  • Utilities & supplies$4,200
  • HOA$1,188
  • Property tax$2,080
  • Insurance (STR-rated)$4,482

Cash needed to close

  • Purchase price (all cash)$415,000
  • Closing costs (4.0%)$16,600
  • Furnishing (bought new)$25,500

Tax savings if the STR loophole applies

  • Tax shield @ 32%$29,893

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

$404,000

Short-life (5/15-yr)

$67,000 · 17%

Year-1 deduction

$93,000

Year-1 tax shield @ 32%

$30,000

Land 3% (county tax record, market value split) · building $337,000 over 39 years · new furniture $26,000

Based on: 2,240 sq ft, built 2000, 3 bd / 3 ba, unfurnished, listing features (hot tub, game room, fireplace, flooring types, appliance list, septic, wooded lot).

IRS-guide safe-harbor floor: $73,000 in year 1 (11% short-life, $23,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$74,900
  • Kitchen cabinetsdefault

    $10,700 new × 40% good × 1.84 allocation

    $7,900
  • Kitchen countertopsdefault

    $8,800 new × 40% good × 1.84 allocation

    $6,500
  • Decorative trimdefault

    $3,900 new × 40% good × 1.84 allocation

    $2,900
  • Mirrorsdefault

    $500 new × 40% good × 1.84 allocation

    $300
  • Shelvingdefault

    $1,200 new × 40% good × 1.84 allocation

    $900
  • Window coverings (22)default

    $5,500 new × 40% good × 1.84 allocation

    $4,000
  • Carpet, vinyl & laminate (33% of floors)listing

    $4,800 new × 40% good × 1.84 allocation

    $3,500
  • Kitchen & laundry equipment plumbingdefault

    $8,300 new × 48% good × 1.84 allocation

    $7,400
  • Kitchen, laundry & data equipment electricaldefault

    $5,000 new × 48% good × 1.84 allocation

    $4,400
  • Appliances (range, microwave, dishwasher, refrigerator, washer)listing

    $6,700 new × 40% good × 1.84 allocation

    $4,900
  • Hot tub (freestanding)listing

    $9,000 new × 40% good × 1.84 allocation

    $6,600
  • Furniture bought newlisting

    $19,500 new × 100% good · bought separately

    $19,500
  • Game-room equipment bought newlisting

    $6,000 new × 100% good · bought separately

    $6,000
15-year land improvements$17,400
  • Paving: driveway & walks (paved)default

    $9,800 new × 50% good × 1.84 allocation

    $9,000
  • Landscaping (minimal)listing

    $4,700 new × 50% good × 1.84 allocation

    $4,300
  • Patiosdefault

    $2,200 new × 50% good × 1.84 allocation

    $2,000
  • Decks & porches (attached)default

    $2,200 new × 50% good × 1.84 allocation

    $2,000
Building, 39-year$337,100
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $243,100 new × 57% good × 1.84 allocation

    $253,500
  • Building plumbing & fixturesdefault

    $25,200 new × 48% good × 1.84 allocation

    $22,300
  • Building electrical & lightingdefault

    $25,700 new × 48% good × 1.84 allocation

    $22,700
  • HVACdefault

    $25,200 new × 40% good × 1.84 allocation

    $18,600
  • Hardwood & tile floorsdefault

    $9,600 new × 40% good × 1.84 allocation

    $7,100
  • Fireplacelisting

    $2,600 new × 40% good × 1.84 allocation

    $1,900
  • Septic systemlisting

    $12,000 new × 50% good × 1.84 allocation

    $11,000

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$74,900$17,400$1,100$93,400
2$0$0$8,600$8,600
3$0$0$8,600$8,600
4$0$0$8,600$8,600
5$0$0$8,600$8,600
6+$0$0$301,500$301,500
Total$74,900$17,400$337,100$429,500

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: Georgia disallows 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.