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Rate 7.93% = 7.18% Freddie Mac 30-yr avg (Nov 5) + 0.75% investor premium

175 Briar Creek Dr

175 Briar Creek Dr

Ellijay, GA 30540

$332,500

2 bd · 1 ba · 672 sqft · Listed 2d ago

View on Realtor.com →
Negative cash flow

Year built

1998

Sqft

672

Lot sqft

62,726

HOA / mo

None

Furnished

Yes

List date

2026-11-10T16:43:02.000000Z

Revenue

Annual revenue

$41,837

ADR

$194

Occupancy

59%

Cleaning fees (12 mo)

$8,930

Confidence

Low (46.74), 40 comps

Comp revenue range (p25 / median / p75)

$23,835$40,820$57,111

Median revenue of shown comps: $37,819

  • Amy’s Blue Ridge Mtn & Starlight View

    Cabin · 2 bd · 1 ba · sleeps 4 · 220 ft

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $54,652ADR $182Occ ≈ 82%4.9★ (532)

    AirbnbVrboBooking

  • Awesome View | Ellijay, GA

    Cabin · 2 bd · 2 ba · sleeps 4 · 299 ft

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +4

    Revenue $48,854ADR $245Occ ≈ 55%4.7★ (25)

    AirbnbVrbo

  • Disconnect at Bearly Connected

    Cabin · 2 bd · 1 ba · sleeps 4 · 302 ft

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +4

    Revenue $4,068ADR $271Occ ≈ 4%5★ (5)

    AirbnbVrbo

  • Deer Crossing - Gorgeous Views from the Hot Tub!

    Cabin · 2 bd · 1 ba · sleeps 4 · 354 ft

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +4

    Revenue $39,012ADR $191Occ ≈ 56%4★ (2)

    AirbnbVrbo

  • Cozy Cabin - Hot Tub- 15 min to Ellijay & BR

    Cabin · 2 bd · 1 ba · sleeps 4 · 427 ft

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +3

    Revenue $35,911ADR $129Occ ≈ 76%4.9★ (107)

    AirbnbVrboBooking

  • Inviting creek-side cabin with welcoming front porch, grill & W/D

    Cabin · 2 bd · 1 ba · sleeps 6 · 449 ft

    Revenue $10,928ADR $137Occ ≈ 22%4.3★ (120)

    Vrbo

  • Bearly Connected Cabin

    Cabin · 2 bd · 1 ba · sleeps 4 · 456 ft

    Revenue $502ADR $251Occ ≈ 1%3.5★ (4)

    Delisted

  • Cozy Tree Song Mountain Creek Cabin

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.1 mi

    • A/C
    • Wifi
    • Kitchen
    • Washer

    Revenue $5,785ADR $156Occ ≈ 10%4.2★ (178)

    AirbnbVrboBooking

  • Tranquil Log Cabin, Sleeps 4

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.1 mi

    • A/C
    • Free parking
    • Pets OK
    • Wifi
    • +3

    Revenue $37,236ADR $171Occ ≈ 60%5★ (16)

    Airbnb

  • Creek Song Cabin | Ellijay, GA

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.1 mi

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

    Revenue $19,781ADR $267Occ ≈ 20%5★ (1)

    AirbnbVrbo

Show 22 more
  • Ogana Ridge Getaways

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.1 mi

    • Hot tub
    • A/C
    • Wifi
    • Kitchen
    • +2

    Revenue $46,318ADR $215Occ ≈ 59%4.8★ (79)

    AirbnbVrboBooking

  • Romantic Treehouse Log Cabin, Sleeps 4

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

    Revenue $33,556ADR $163Occ ≈ 56%4.9★ (68)

    AirbnbVrbo

  • Secluded Cabin | Hot Tub + Fire Pit & Views

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

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $68,659ADR $240Occ ≈ 78%5★ (245)

    AirbnbVrbo

  • Cabin in Ellijay

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

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +4

    Revenue $63,605ADR $266Occ ≈ 66%5★ (35)

    AirbnbVrbo

  • Cozy Mountain-Mountain View, Hot Tub, Gas Fire Pit

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.2 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $32,323ADR $240Occ ≈ 37%4.7★ (39)

    AirbnbVrboBooking

  • Charming Ellijay Cabin - Hot Tub & Fire Pit

    Cabin · 2 bd · 1 ba · sleeps 5 · 0.3 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +4

    Revenue $41,714ADR $158Occ ≈ 72%4.9★ (106)

    AirbnbVrboBooking

  • Huge yard | Pool Table | Hot Tub

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

    Revenue $47,763ADR $194Occ ≈ 67%5★ (31)

    AirbnbVrbo

  • Large 2/2 Cabin between Elijay and Blue Ridge

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

    Revenue $2,046ADR $0Occ ≈ —5★ (38)

    AirbnbVrboBooking

  • River Ranch Ellijay Stay

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.3 mi

    • A/C
    • Pets OK
    • Wifi
    • Kitchen
    • +2

    Revenue $14,968ADR $151Occ ≈ 27%4.5★ (191)

    AirbnbVrboBooking

  • Carter's Kaleidoscope View | Ellyjay, GA

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.4 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +4

    Revenue $54,090ADR $285Occ ≈ 52%4.8★ (62)

    AirbnbVrbo

  • Cozy Romantic Retreat | Private Hot Tub + Firepit

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.4 mi

    • Hot tub
    • Free parking
    • Pets OK
    • Wifi
    • +4

    Revenue $38,402ADR $184Occ ≈ 57%5★ (215)

    AirbnbVrbo

  • Cozy 2-bedroom cabin with hot tub-Hilltop Hideaway

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.4 mi

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

    Revenue $23,032ADR $177Occ ≈ 36%5★ (178)

    AirbnbVrboBooking

  • Sunset on the Ridge cabin with outdoor fireplace

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.4 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $58,300ADR $194Occ ≈ 82%5★ (321)

    AirbnbVrbo

  • Private Hot Tub • Dog-Friendly • Near Blue Ridge

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.4 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $40,820ADR $223Occ ≈ 50%5★ (102)

    AirbnbVrboBooking

  • Ellijay Riverfront A-Frame | Sauna & Private Trail

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.4 mi

    • A/C
    • Free parking
    • Wifi
    • Kitchen
    • +3

    Revenue $50,487ADR $312Occ ≈ 44%5★ (107)

    AirbnbVrbo

  • Doe Run Hideaway- Dogs OK, Hottub, Firepit

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

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $3,647ADR $331Occ ≈ 3%—

    AirbnbVrbo

  • Barrel Sauna & Hot Tub - Luxe N. Georgia A-Frame

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.4 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +4

    Revenue $82,598ADR $362Occ ≈ 63%5★ (56)

    Airbnb

  • Waterfront Cabin w/ Beautiful River View & Hot Tub

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.4 mi

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

    Revenue $58,055ADR $222Occ ≈ 72%4.8★ (215)

    AirbnbVrboBooking

  • Views @ Whitepath | Mtn Views + Hot Tub + Fire Pit

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.5 mi

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

    Revenue $28,263ADR $230Occ ≈ 34%4.9★ (112)

    AirbnbVrboBooking

  • Pet Friendly! Riverfront Ellijay Cabin w/ Hot Tub

    Cabin · 2 bd · 1 ba · sleeps 5 · 0.5 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +3

    Revenue $20,774ADR $211Occ ≈ 27%4.8★ (26)

    AirbnbVrboBooking

  • Ellijay Cabin w/ Deck and Hot Tub!

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

    Revenue $23,835ADR $0Occ ≈ —4.9★ (72)

    AirbnbVrboBooking

  • Hairy Coo Hideaway

    Cabin · 2 bd · 1.5 ba · sleeps 4 · 0.6 mi

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

    Revenue $41,475ADR $233Occ ≈ 49%5★ (34)

    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
Term

Rate 7.93% = 7.18% Freddie Mac 30-yr avg (Nov 5) + 0.75% investor premium

Est. revenue

$41,837

NOI

$20,484

Cash flow /mo

-$111

Cash needed

$96,425

Cash-on-cash

-1.4%

ROE (yr 1)

11.2%

Cap rate

6.2%

DSCR

0.94

Year-1 write-off

$86,162

Year-1 tax shield @ 32%

$27,572

Year-1 return on equity

  • Cash flow (annual)-$1,328
  • Principal paydown$2,112
  • Appreciation at%$9,975
ROE11.2%

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)$8,367
  • Platform fees (3% of revenue)$1,255
  • Maintenance / capex (5% of revenue)$2,092
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$1,848
  • Insurance (STR-rated)$3,591

Cash needed to close

  • Down payment (25%)$83,125
  • Closing costs (4.0%)$13,300
  • Furnishing (conveyed with the sale)$0

Tax savings if the STR loophole applies

  • Tax shield @ 32%$27,572

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

$261,000

Short-life (5/15-yr)

$86,000 · 33%

Year-1 deduction

$86,000

Year-1 tax shield @ 32%

$28,000

Land 22% (county tax record, market value split) · building $175,000 over 39 years

Based on: 672 sq ft, built 1998, 2 bd / 1 ba, furnished, listing features (hot tub, deck, fireplace, flooring types, appliance list, septic, wooded lot).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $55,000 in year 1 (21% short-life, $18,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$60,900
  • Kitchen cabinetsdefault

    $7,300 new × 40% good × 3.10 allocation

    $9,000
  • Kitchen countertopsdefault

    $6,000 new × 40% good × 3.10 allocation

    $7,400
  • Decorative trimdefault

    $1,200 new × 40% good × 3.10 allocation

    $1,500
  • Mirrorsdefault

    $200 new × 40% good × 3.10 allocation

    $200
  • Shelvingdefault

    $900 new × 40% good × 3.10 allocation

    $1,100
  • Window coverings (7)default

    $1,800 new × 40% good × 3.10 allocation

    $2,200
  • Kitchen & laundry equipment plumbingdefault

    $5,700 new × 44% good × 3.10 allocation

    $7,700
  • Kitchen, laundry & data equipment electricaldefault

    $3,400 new × 44% good × 3.10 allocation

    $4,700
  • Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing

    $7,700 new × 40% good × 3.10 allocation

    $9,600
  • Hot tub (freestanding)listing

    $9,000 new × 40% good × 3.10 allocation

    $11,200
  • Furniture conveyed with the sale (used)listing

    $16,000 new × 40% good · out of the price

    $6,400
15-year land improvements$25,100
  • Paving: driveway & walks (paved)default

    $5,400 new × 50% good × 3.10 allocation

    $8,300
  • Landscaping (minimal)listing

    $2,600 new × 50% good × 3.10 allocation

    $4,000
  • Patiosdefault

    $700 new × 50% good × 3.10 allocation

    $1,000
  • Decks & porches (attached)listing

    $7,600 new × 50% good × 3.10 allocation

    $11,700
Building, 39-year$174,500
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $72,400 new × 53% good × 3.10 allocation

    $119,800
  • Building plumbing & fixturesdefault

    $7,500 new × 44% good × 3.10 allocation

    $10,200
  • Building electrical & lightingdefault

    $5,800 new × 44% good × 3.10 allocation

    $7,900
  • HVACdefault

    $7,600 new × 40% good × 3.10 allocation

    $9,400
  • Hardwood & tile floorsdefault

    $4,300 new × 40% good × 3.10 allocation

    $5,400
  • Fireplacelisting

    $2,600 new × 40% good × 3.10 allocation

    $3,300
  • Septic systemlisting

    $12,000 new × 50% good × 3.10 allocation

    $18,600

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$60,900$25,100$200$86,200
2$0$0$4,500$4,500
3$0$0$4,500$4,500
4$0$0$4,500$4,500
5$0$0$4,500$4,500
6+$0$0$156,400$156,400
Total$60,900$25,100$174,500$260,500

The building's share of the price ($254,000) is 3.1x our depreciated replacement cost of the home ($82,000). The IRS guide treats a gap this size as a reason to review the land share: if land is worth more than the county ratio says, the basis and the write-off are smaller.

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.