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56 Robin Lake Dr

56 Robin Lake Dr

Ellijay, GA 30540

$699,000

3 bd · 2.5 ba · 2,483 sqft · Listed 27d ago

View on Realtor.com →
Rental history

Year built

2006

Sqft

2,483

Lot sqft

196,020

HOA / mo

None

Furnished

No

List date

2026-08-31T19:27:16.000000Z

Revenue

Annual revenue

$53,449

ADR

$278

Occupancy

53%

Cleaning fees (12 mo)

$11,648

Confidence

Low (48.02), 17 comps

Comp revenue range (p25 / median / p75)

$36,079$45,790$85,112

  • Hot Tub • Firepit • Wooded Trails • Luxury Cabin

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

    Revenue $5,729ADR $361Occ ≈ 4%5★ (4)

    Airbnb

  • Rustic Fox

    Cabin · 3 bd · 2 ba · sleeps 7 · 0.9 mi

    Revenue $44,160ADR $202Occ ≈ 60%4.8★ (105)

    AirbnbVrbo

  • Roaring Creek | Ellijay, GA

    Cabin · 3 bd · 3 ba · sleeps 6 · 1.2 mi

    Revenue $40,154ADR $370Occ ≈ 30%5★ (51)

    AirbnbVrbo

  • Cozy 3/3 main part of large cabin; Ellijay/Blueridge

    Cabin · 3 bd · 3 ba · sleeps 8 · 1.7 mi

    Revenue $26,817ADR $260Occ ≈ 28%—

    Vrbo

  • Creekside Style ~ Hot Tub ~ Fire Pit ~ Creek Views

    Cabin · 3 bd · 3.5 ba · sleeps 8 · 1.7 mi

    Revenue $91,365ADR $474Occ ≈ 53%5★ (26)

    AirbnbVrbo

  • Creek's Corner ~ 3BR Creekside Retreat ~ Hot Tub

    Cabin · 3 bd · 2 ba · sleeps 8 · 1.7 mi

    Revenue $86,867ADR $409Occ ≈ 58%5★ (78)

    AirbnbVrbo

  • Falls Watch ~ Waterfall Views ~ Hot Tub ~ Fire Pit

    Cabin · 3 bd · 3.5 ba · sleeps 8 · 1.7 mi

    Revenue $91,084ADR $486Occ ≈ 51%5★ (183)

    AirbnbVrbo

  • *Moonlight Waters Lodge*Lux|CreekFront|HotTub|Game

    House · 3 bd · 3.5 ba · sleeps 8 · 1.8 mi

    Revenue $85,112ADR $382Occ ≈ 61%5★ (50)

    AirbnbVrbo

  • Moonlight Creek Retreat ~ Private Creek, Hot Tub

    Cabin · 3 bd · 3.5 ba · sleeps 8 · 1.8 mi

    Revenue $36,079ADR $474Occ ≈ 21%4.8★ (4)

    AirbnbVrbo

  • Ellijay Creek Front Modern Cabin on 7 Acres

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 1.8 mi

    Revenue $19,170ADR $270Occ ≈ 19%4.9★ (54)

    AirbnbVrbo

Show all 17 comps

  • Hidden Valley Paradise | Ellijay, GA

    Cabin · 3 bd · 3 ba · sleeps 6 · 1.9 mi

    Revenue $45,790ADR $364Occ ≈ 34%4.8★ (26)

    AirbnbVrbo

  • Ellijay Sunrise Mountain View All Season Getaway!

    Cabin · 3 bd · 3 ba · sleeps 6 · 1.9 mi

    Revenue $63,590ADR $290Occ ≈ 60%5★ (141)

    AirbnbVrbo

  • Bougie Bear ~ 3BR Luxury Cabin ~ Pets Considered!

    Cabin · 3 bd · 3.5 ba · sleeps 8 · 2.0 mi

    Revenue $50,060ADR $358Occ ≈ 38%4.8★ (26)

    AirbnbVrbo

  • Grandview | Views, Hot Tub, Fire Pit, Golden Tee

    Cabin · 3 bd · 3.5 ba · sleeps 8 · 2.1 mi

    Revenue $97,018ADR $463Occ ≈ 57%5★ (112)

    AirbnbVrbo

  • Red Stag Ridge ~ Mtn Views ~ Hot Tub ~ EV Charger

    Cabin · 3 bd · 3.5 ba · sleeps 6 · 2.1 mi

    Revenue $74,918ADR $461Occ ≈ 45%5★ (71)

    AirbnbVrbo

  • Hemingway-Blue Cactus Cottages

    Cottage · 3 bd · 3 ba · sleeps 6 · 2.1 mi

    Revenue $36,912ADR $164Occ ≈ 62%5★ (10)

    AirbnbVrboBooking

  • Thistle Patch @ Blue Cactus Cottages

    Cabin · 3 bd · 2 ba · sleeps 6 · 2.1 mi

    Revenue $33,378ADR $115Occ ≈ 80%4.8★ (14)

    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

$53,449

NOI

$23,373

Cash flow /mo

$1,948

Cash needed

$752,460

Cash-on-cash (all cash)

3.1%

ROE (yr 1)

5.9%

Cap rate

3.3%

DSCR

—

Year-1 write-off

$131,983

Year-1 tax shield @ 32%

$42,235

Year-1 return on equity

  • Cash flow (annual)$23,373
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$20,970
ROE5.9%
ROE incl. year-1 tax savings (32% bracket, STR loophole)11.5%
Opex, cash-needed & tax-savings breakdown

Annual operating expenses

  • Management (20% of revenue)$10,690
  • Platform fees (3% of revenue)$1,603
  • Maintenance / capex (5% of revenue)$2,672
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$3,361
  • Insurance (STR-rated)$7,549

Cash needed to close

  • Purchase price (all cash)$699,000
  • Closing costs (4.0%)$27,960
  • Furnishing (bought new)$25,500

Tax savings if the STR loophole applies

  • Tax shield @ 32%$42,235

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

$615,000

Short-life (5/15-yr)

$104,000 · 17%

Year-1 deduction

$132,000

Year-1 tax shield @ 32%

$42,000

Land 12% (county tax record, market value split) · building $511,000 over 39 years · new furniture $26,000

Based on: 2,483 sq ft, built 2006, 3 bd / 2.5 ba, unfurnished, listing features (deck, game room, fireplace, stone counters, flooring types, appliance list, septic, wooded lot).

IRS-guide safe-harbor floor: $78,000 in year 1 (8% short-life, $25,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$80,300

  • Kitchen cabinetsdefault

    $11,200 new × 40% good × 2.14 allocation

    $9,600

  • Kitchen countertops (stone)listing

    $11,500 new × 40% good × 2.14 allocation

    $9,900

  • Decorative trimdefault

    $4,300 new × 40% good × 2.14 allocation

    $3,700

  • Mirrorsdefault

    $300 new × 40% good × 2.14 allocation

    $300

  • Shelvingdefault

    $1,200 new × 40% good × 2.14 allocation

    $1,000

  • Window coverings (25)default

    $6,300 new × 40% good × 2.14 allocation

    $5,400

  • Kitchen & laundry equipment plumbingdefault

    $8,700 new × 60% good × 2.14 allocation

    $11,200

  • Kitchen, laundry & data equipment electricaldefault

    $5,300 new × 60% good × 2.14 allocation

    $6,800

  • Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)listing

    $8,100 new × 40% good × 2.14 allocation

    $6,900

  • 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$48,900

  • Paving: driveway & walks (paved)default

    $10,300 new × 50% good × 2.14 allocation

    $11,100

  • Landscaping (minimal)listing

    $5,000 new × 50% good × 2.14 allocation

    $5,300

  • Patiosdefault

    $2,500 new × 50% good × 2.14 allocation

    $2,600

  • Decks & porches (attached)listing

    $27,900 new × 50% good × 2.14 allocation

    $29,900
Building, 39-year$510,900

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

    $269,800 new × 67% good × 2.14 allocation

    $385,300

  • Building plumbing & fixturesdefault

    $28,000 new × 60% good × 2.14 allocation

    $36,000

  • Building electrical & lightingdefault

    $28,700 new × 60% good × 2.14 allocation

    $36,900

  • HVACdefault

    $28,000 new × 40% good × 2.14 allocation

    $24,000

  • Hardwood & tile floorsdefault

    $16,000 new × 40% good × 2.14 allocation

    $13,700

  • Fireplacelisting

    $2,600 new × 40% good × 2.14 allocation

    $2,300

  • Septic systemlisting

    $12,000 new × 50% good × 2.14 allocation

    $12,900

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$80,300$48,900$2,700$132,000
2$0$0$13,100$13,100
3$0$0$13,100$13,100
4$0$0$13,100$13,100
5$0$0$13,100$13,100
6+$0$0$455,800$455,800
Total$80,300$48,900$510,900$640,200

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.