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289 Cypress Cir

289 Cypress Cir

Ellijay, GA 30540

$535,000

3 bd · 3 ba · 2,376 sqft · Listed 24d ago

View on Realtor.com →

Year built

2005

Sqft

2,376

Lot sqft

37,026

HOA / mo

$132

Furnished

No

List date

2026-09-03T21:56:16.000000Z

Revenue

Annual revenue

$43,512

ADR

$244

Occupancy

49%

Cleaning fees (12 mo)

$8,133

Confidence

Low (41.96), 50 comps

Comp revenue range (p25 / median / p75)

$19,289$38,031$52,209
  • Deer Dreaming Cabin on the Coosawattee River

    Cabin · 3 bd · 3 ba · sleeps 6 · 157 ft

    Revenue $55,121ADR $232Occ ≈ 65%5★ (102)

    AirbnbVrbo

  • Shady River Retreat

    House · 3 bd · 3 ba · sleeps 6 · 502 ft

    Revenue $34,514ADR $203Occ ≈ 47%4.9★ (211)

    AirbnbVrbo

  • River’s Echo - Riverfront Cabin in Ellijay

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

    Revenue $71,765ADR $299Occ ≈ 66%5★ (330)

    AirbnbVrbo

  • NEW BUILD River view/access, Pool table, Hot Tub

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

    Revenue $55,281ADR $445Occ ≈ 34%5★ (14)

    Airbnb

  • Secluded Roaring River Escape w/Amazing Amenities!

    Cabin · 3 bd · 3 ba · sleeps 7 · 0.2 mi

    Revenue $41,563ADR $235Occ ≈ 48%4.8★ (393)

    Airbnb

  • Rapid Retreat-Coosawattee

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.2 mi

    Revenue $66,832ADR $286Occ ≈ 64%4.8★ (90)

    AirbnbVrboBooking

  • Rapids’ Echo - Riverfront Cabin in Ellijay

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.2 mi

    Revenue $70,888ADR $296Occ ≈ 66%5★ (290)

    AirbnbVrbo

  • Creekfront Cabin with Waterfall, Hot Tub, Fire Pit

    House · 3 bd · 2 ba · sleeps 6 · 0.2 mi

    Revenue $41,373ADR $223Occ ≈ 51%5★ (130)

    AirbnbVrbo

  • Rustic Retreat

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.2 mi

    Revenue $60,321ADR $232Occ ≈ 71%5★ (75)

    AirbnbVrbo

  • Dellinger Retreat On The River | Ellijay, GA

    Cabin · 3 bd · 2.5 ba · sleeps 6 · 0.3 mi

    Revenue $36,432ADR $397Occ ≈ 25%4.8★ (9)

    AirbnbVrbo

Show all 50 comps
  • Tie One On The River | Ellijay, GA

    Cabin · 3 bd · 2.5 ba · sleeps 6 · 0.3 mi

    Revenue $71,834ADR $340Occ ≈ 58%4.8★ (55)

    AirbnbVrbo

  • Dream Weaver | Ellijay, Ga

    Cabin · 3 bd · 2.5 ba · sleeps 6 · 0.3 mi

    Revenue $41,220ADR $367Occ ≈ 31%4.7★ (8)

    AirbnbVrbo

  • Copper Lantern Stays

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.3 mi

    Revenue $1,055ADR $218Occ ≈ 1%4.5★ (17)

    AirbnbVrboBooking

  • Rustic Retreat - Paradise Found

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.3 mi

    Revenue $17,903ADR $168Occ ≈ 29%5★ (4)

    AirbnbVrboBooking

  • Cozy Blue Ridge Cabin • Firepit • Near Orchards

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.3 mi

    Revenue $8,717ADR $198Occ ≈ 12%5★ (3)

    AirbnbVrbo

  • Peaceful Ellijay Cabin: Pool Access & Resort Perks

    Cabin · 3 bd · 3.5 ba · sleeps 8 · 0.3 mi

    Revenue $20,414ADR $243Occ ≈ 23%5★ (38)

    AirbnbVrboBooking

  • Welcome to Bear Necessities!

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

    Revenue $7,482ADR $252Occ ≈ 8%5★ (7)

    AirbnbVrbo

  • Cabin at Coosawattee River Resort with private hot tub, pool & river access

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.4 mi

    Revenue $19,131ADR $294Occ ≈ 18%4.9★ (14)

    Vrbo

  • Bucks Bear Lodge - Recharge in a Riverside Resort

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.4 mi

    Revenue $47,329ADR $350Occ ≈ 37%4.9★ (22)

    AirbnbVrboBooking

  • Three Trees Retreat | Hot Tub+Deck+Fire pit+PetsOK

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

    Revenue $28,726ADR $218Occ ≈ 36%4.8★ (27)

    AirbnbVrboBooking

  • A-Frame Creekside Retreat by EdgeWoods

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.4 mi

    Revenue $6,003ADR $172Occ ≈ 10%5★ (4)

    Airbnb

  • Eagle View Lodge | Ellijay, GA

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

    Revenue $57,156ADR $369Occ ≈ 42%5★ (45)

    AirbnbVrbo

  • Upscale spacious cabin with decks on 3 levels

    Cabin · 3 bd · 3.5 ba · sleeps 10 · 0.4 mi

    Revenue $40,723ADR $236Occ ≈ 47%5★ (112)

    Airbnb

  • Creek-Side Cabin with Hot tub, Fire pit and Games!

    Cabin · 3 bd · 4 ba · sleeps 8 · 0.4 mi

    Revenue $52,226ADR $229Occ ≈ 62%5★ (107)

    AirbnbVrbo

  • Fireside Cabin with Friendly Deer

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

    Revenue $48,391ADR $244Occ ≈ 54%5★ (181)

    AirbnbVrboBooking

  • LUX Cabin | Hot Tub, Pools & Resort Amenities

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

    Revenue $22,012ADR $254Occ ≈ 24%4.8★ (101)

    AirbnbVrbo

  • Kid-Friendly Cabin, Hot Tub, Peaceful Ellijay Stay

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

    Revenue $21,510ADR $175Occ ≈ 34%4.7★ (31)

    AirbnbVrbo

  • Modern Luxury Cabin close to Downtown Ellijay!

    Cabin · 3 bd · 3 ba · sleeps 12 · 0.5 mi

    Revenue $35,850ADR $284Occ ≈ 35%4.9★ (168)

    AirbnbVrbo

  • Château Cervidae | Luxury 3BR/3.5BA Cabin | Hot Tub

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

    Revenue $36,348ADR $505Occ ≈ 20%5★ (5)

    AirbnbVrbo

  • Valhalla - Secluded, luxurious cabin on the Coosawattee River Resort

    Cabin · 3 bd · 3.5 ba · sleeps 10 · 0.5 mi

    Revenue $16,866ADR $441Occ ≈ 10%3.7★ (3)

    Vrbo

  • 3 BR home with pool table and hot tub

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

    Revenue $7,741ADR $316Occ ≈ 7%3.6★ (3)

    AirbnbVrboBooking

  • Modern Ellijay Cabin Rental w/ Outdoor Fireplace

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

    Revenue $19,762ADR $168Occ ≈ 32%5★ (47)

    AirbnbVrboBooking

  • Dog-Friendly Ellijay Cabin: Hot Tub & Fiber WiFi

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

    Revenue $27,955ADR $259Occ ≈ 30%5★ (22)

    AirbnbVrboBooking

  • Whitetail River Retreat

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

    Revenue $13,846ADR $411Occ ≈ 9%—

    Airbnb

  • Creekside Ellijay - Kid Friendly Escape

    Cabin · 3 bd · 3 ba · sleeps 9 · 0.5 mi

    Revenue $72,327ADR $326Occ ≈ 61%5★ (37)

    AirbnbVrbo

  • Creekside Cabin | Zipline, Games, Near Apple Farms

    Cabin · 3 bd · 3 ba · sleeps 10 · 0.5 mi

    Revenue $81,478ADR $324Occ ≈ 69%5★ (63)

    AirbnbVrboBooking

  • Mountain Creek Lodge- Lovely Custom Cabin, Hot Tub

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

    Revenue $39,630ADR $280Occ ≈ 39%4.5★ (33)

    AirbnbVrboBooking

  • Hot Tub|Fire Pit|Game Room LUX family retreat

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

    Revenue $52,159ADR $246Occ ≈ 58%5★ (89)

    AirbnbVrbo

  • Hardwood Hideaway

    Vacation home · 3 bd · 2 ba · sleeps 7 · 0.5 mi

    Revenue $33,118ADR $181Occ ≈ 50%4★ (1)

    Booking

  • 3 Bedroom Lodge

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

    Revenue $800ADR $266Occ ≈ 1%—

    Airbnb

  • Serene Cottage Retreat w/ Hot tub, 2 Fireplaces!

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

    Revenue $49,361ADR $293Occ ≈ 46%5★ (78)

    AirbnbVrbo

  • Cozy Blue Ridge Cabin w/ River Access & Fire Pit

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

    Revenue $45,106ADR $209Occ ≈ 59%4.8★ (198)

    AirbnbVrboBooking

  • Cozy Fall Cabin in Ellijay + Hot Tub + Sleeps 8!

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

    Revenue $48,549ADR $289Occ ≈ 46%5★ (167)

    AirbnbVrboBooking

  • Private Hot Tub Cabin—Dog Run, Theater & Arcade

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

    Revenue $68,408ADR $276Occ ≈ 68%5★ (120)

    AirbnbVrboBooking

  • North Georgia Hideaway | Ellijay, GA

    Cabin · 3 bd · 3.5 ba · sleeps 8 · 0.6 mi

    Revenue $52,498ADR $383Occ ≈ 38%5★ (9)

    AirbnbVrbo

  • Coosawattee-2 Kings, Hot Tub, Pool Table, Fire Pit

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

    Revenue $31,632ADR $247Occ ≈ 35%5★ (102)

    AirbnbVrbo

  • New - Luxurious Mountain Home for 8 w/ amenities

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.6 mi

    Revenue $45,929ADR $296Occ ≈ 43%4.8★ (16)

    AirbnbVrboBooking

  • Ellijay 3 BR in Resort w/ Hot Tub,Fire Pit, Decks

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.6 mi

    Revenue $7,048ADR $274Occ ≈ 7%4.8★ (29)

    AirbnbVrboBooking

  • Modern rustic cabin~ Hot Tub~ Pet Friendly

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

    Revenue $7,289ADR $235Occ ≈ 8%5★ (4)

    AirbnbVrbo

  • Deer Haven Cottage I Long Range Mountain View

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

    Revenue $18,670ADR $259Occ ≈ 20%4.8★ (15)

    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

$43,512

NOI

$16,752

Cash flow /mo

$1,396

Cash needed

$575,900

Cash-on-cash (all cash)

2.9%

ROE (yr 1)

5.7%

Cap rate

3.1%

DSCR

—

Year-1 write-off

$116,689

Year-1 tax shield @ 32%

$37,341

Year-1 return on equity

  • Cash flow (annual)$16,752
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$16,050
ROE5.7%
ROE incl. year-1 tax savings (32% bracket, STR loophole)12.2%
Opex, cash-needed & tax-savings breakdown

Annual operating expenses

  • Management (20% of revenue)$8,702
  • Platform fees (3% of revenue)$1,305
  • Maintenance / capex (5% of revenue)$2,176
  • Utilities & supplies$4,200
  • HOA$1,584
  • Property tax$3,015
  • Insurance (STR-rated)$5,778

Cash needed to close

  • Purchase price (all cash)$535,000
  • Closing costs (4.0%)$21,400
  • Furnishing (bought new)$19,500

Tax savings if the STR loophole applies

  • Tax shield @ 32%$37,341

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

$513,000

Short-life (5/15-yr)

$96,000 · 19%

Year-1 deduction

$117,000

Year-1 tax shield @ 32%

$37,000

Land 4% (county tax record, market value split) · building $417,000 over 39 years · new furniture $20,000

Based on: 2,376 sq ft, built 2005, 3 bd / 3 ba, unfurnished, listing features (deck, fireplace, flooring types, appliance list, septic).

IRS-guide safe-harbor floor: $72,000 in year 1 (10% short-life, $23,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$68,900
  • Kitchen cabinetsdefault

    $11,000 new × 40% good × 1.90 allocation

    $8,400
  • Kitchen countertopsdefault

    $9,000 new × 40% good × 1.90 allocation

    $6,800
  • Decorative trimdefault

    $4,200 new × 40% good × 1.90 allocation

    $3,200
  • Mirrorsdefault

    $500 new × 40% good × 1.90 allocation

    $300
  • Shelvingdefault

    $1,200 new × 40% good × 1.90 allocation

    $900
  • Window coverings (24)default

    $6,000 new × 40% good × 1.90 allocation

    $4,600
  • Carpet, vinyl & laminate (50% of floors)listing

    $7,600 new × 40% good × 1.90 allocation

    $5,800
  • Kitchen & laundry equipment plumbingdefault

    $8,600 new × 58% good × 1.90 allocation

    $9,400
  • Kitchen, laundry & data equipment electricaldefault

    $5,200 new × 58% good × 1.90 allocation

    $5,700
  • Appliances (range, microwave, dishwasher, refrigerator)listing

    $5,700 new × 40% good × 1.90 allocation

    $4,300
  • Furniture bought newlisting

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

    $19,500
15-year land improvements$46,400
  • Paving: driveway & walks (paved)default

    $10,100 new × 50% good × 1.90 allocation

    $9,600
  • Landscaping (typical)default

    $9,700 new × 50% good × 1.90 allocation

    $9,200
  • Patiosdefault

    $2,300 new × 50% good × 1.90 allocation

    $2,200
  • Decks & porches (attached)listing

    $26,700 new × 50% good × 1.90 allocation

    $25,400
Building, 39-year$417,500
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $258,000 new × 65% good × 1.90 allocation

    $318,300
  • Building plumbing & fixturesdefault

    $26,800 new × 58% good × 1.90 allocation

    $29,500
  • Building electrical & lightingdefault

    $27,400 new × 58% good × 1.90 allocation

    $30,200
  • HVACdefault

    $26,800 new × 40% good × 1.90 allocation

    $20,300
  • Hardwood & tile floorsdefault

    $7,600 new × 40% good × 1.90 allocation

    $5,800
  • Fireplacelisting

    $2,600 new × 40% good × 1.90 allocation

    $2,000
  • Septic systemlisting

    $12,000 new × 50% good × 1.90 allocation

    $11,400

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$68,900$46,400$1,300$116,700
2$0$0$10,700$10,700
3$0$0$10,700$10,700
4$0$0$10,700$10,700
5$0$0$10,700$10,700
6+$0$0$373,300$373,300
Total$68,900$46,400$417,500$532,800

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.