816 Navaho Way
Ellijay, GA 30540
$550,000
3 bd · 2 ba · 1,400 sqft · Listed 1d ago
View on Realtor.com →Year built
2000
Sqft
1,400
Lot sqft
41,382
HOA / mo
None
Furnished
Yes
List date
2026-10-06T19:27:34.000000Z
Revenue
Annual revenue
$41,803
ADR
$228
Occupancy
50%
Cleaning fees (12 mo)
$8,809
Confidence
Low (48.3), 34 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $36,773
River Front- Pet Friendly-Close to Wineries
Cabin · 3 bd · 2 ba · sleeps 6 · 0.1 mi
Revenue $36,794ADR $301Occ ≈ 33%4.8★ (72)
Cool Waters
House · 3 bd · 2 ba · sleeps 6 · 0.1 mi
- Hot tub
- Pool
- A/C
- Free parking
- +5
Revenue $29,702ADR $204Occ ≈ 40%4.8★ (14)
River Nest: large hot tub+kayaks+tubes+EV charger
Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.2 mi
Revenue $65,022ADR $413Occ ≈ 43%5★ (49)
Deer Run | Coosawattee Resort Amenities
Cabin · 3 bd · 3 ba · sleeps 6 · 0.4 mi
Revenue $26,463ADR $269Occ ≈ 27%5★ (39)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Riverfront Ellijay Cabin w/Hot Tub+Arcade-Sleeps 6 Cabin
| 3 bd · 2 ba · sleeps 6 | $47,819 | $204 | 64% | 5★ (148) | 410 ft | AirbnbVrboBooking |
Riverside Retreat: Fireplace, Hot tub and pool! Cabin
| 3 bd · 2 ba · sleeps 6 | $39,308 | $231 | 47% | 4.9★ (40) | 430 ft | AirbnbVrbo |
River Front- Pet Friendly-Close to Wineries Cabin | 3 bd · 2 ba · sleeps 6 | $36,794 | $301 | 33% | 4.8★ (72) | 0.1 mi | Airbnb |
Cool Waters House
| 3 bd · 2 ba · sleeps 6 | $29,702 | $204 | 40% | 4.8★ (14) | 0.1 mi | Airbnb |
River Nest: large hot tub+kayaks+tubes+EV charger Cabin | 3 bd · 2.5 ba · sleeps 8 | $65,022 | $413 | 43% | 5★ (49) | 0.2 mi | Airbnb |
2 Mi to Dtwn Ellijay! Outdoorsy Escape w/ Hot Tub Cabin
| 3 bd · 2 ba · sleeps 6 | $16,169 | $239 | 19% | 4.3★ (6) | 0.2 mi | AirbnbVrboBooking |
Casa Del Rio | Ellijay, Georgia Cabin
| 3 bd · 2 ba · sleeps 6 | $48,294 | $329 | 40% | 4.9★ (33) | 0.3 mi | AirbnbVrbo |
Hemlock Hideaway House
| 3 bd · 2.5 ba · sleeps 7 | $30,095 | $269 | 31% | 5★ (93) | 0.3 mi | AirbnbVrboBooking |
Riverfront Ellijay Cabin w/ Deck + Pool Access! Cabin
| 3 bd · 2 ba · sleeps 6 | $47,091 | $178 | 72% | 4.5★ (86) | 0.3 mi | AirbnbVrboBooking |
Deer Run | Coosawattee Resort Amenities Cabin | 3 bd · 3 ba · sleeps 6 | $26,463 | $269 | 27% | 5★ (39) | 0.4 mi | Airbnb |
Show 22 more
Hilltop Hideaway
House · 3 bd · 2 ba · sleeps 6 · 0.5 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +3
Revenue $28,505ADR $144Occ ≈ 54%4.7★ (16)
Riverfront cabin, Game Room, Hot tub, Private
Cabin · 3 bd · 2.5 ba · sleeps 10 · 0.5 mi
Revenue $9,288ADR $398Occ ≈ 6%4.8★ (69)
Delisted
Patagonia on the River
House · 3 bd · 2 ba · sleeps 6 · 0.6 mi
- A/C
- Free parking
- Pets OK
- Wifi
- +4
Revenue $6,865ADR $187Occ ≈ 10%4.7★ (3)
Spacious riverfront home with private dock, firepit & scenic outdoor space
House · 3 bd · 2 ba · sleeps 6 · 0.6 mi
Revenue $18,607ADR $221Occ ≈ 23%4.8★ (4)
Delisted
NEW 3-bedroom cozy cabin on 3 acres in awesome Ellijay, with a hot tub!
Cabin · 3 bd · 2 ba · sleeps 8 · 0.7 mi
- A/C
- Wifi
- Washer
Revenue $66,609ADR $233Occ ≈ 78%5★ (1)
Treehouse in Coosawatee River Resort
Cabin · 3 bd · 2 ba · sleeps 8 · 0.7 mi
Revenue $4,915ADR $188Occ ≈ 7%5★ (17)
Delisted
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Bearly Behaving Cabin
| 3 bd · 2 ba · sleeps 8 | $67,271 | $277 | 67% | 5★ (47) | 0.4 mi | AirbnbVrbo |
Cozy Ellijay Cabin: Hot Tub, Yard, & Resort Access Cabin | 3 bd · 2.5 ba · sleeps 8 | $53,873 | $188 | 79% | 5★ (44) | 0.4 mi | AirbnbBooking |
Dog-Friendly | Hot Tub + Indoor Pool, Firepit Cabin
| 3 bd · 2.5 ba · sleeps 8 | $39,143 | $256 | 42% | 5★ (21) | 0.4 mi | AirbnbVrbo |
Goose Rock: River Fun+Design Coolness+Apple Pie Cabin
| 3 bd · 2.5 ba · sleeps 6 | $37,348 | $338 | 30% | 5★ (135) | 0.5 mi | AirbnbVrbo |
Fully-Fenced w/Pool & Resort Access, Pet-Friendly Cabin
| 3 bd · 2.5 ba · sleeps 8 | $38,089 | $289 | 36% | 5★ (97) | 0.5 mi | AirbnbVrboBooking |
Hilltop Hideaway House
| 3 bd · 2 ba · sleeps 6 | $28,505 | $144 | 54% | 4.7★ (16) | 0.5 mi | Airbnb |
3 King Bed Retreat with Hot Tub, near Downtown LIJ House
| 3 bd · 2 ba · sleeps 6 | $29,127 | $321 | 25% | 5★ (76) | 0.5 mi | AirbnbVrbo |
Riverfront cabin, Game Room, Hot tub, Private Cabin | 3 bd · 2.5 ba · sleeps 10 | $9,288 | $398 | 6% | 4.8★ (69) | 0.5 mi | Delisted |
Cute 3/3 cabin: firepit, games, resort amenities! Cabin
| 3 bd · 3 ba · sleeps 8 | $25,863 | $226 | 31% | 4.9★ (34) | 0.5 mi | AirbnbVrbo |
Patagonia on the River House
| 3 bd · 2 ba · sleeps 6 | $6,865 | $187 | 10% | 4.7★ (3) | 0.6 mi | Airbnb |
3 Mi to Dtwn Ellijay: Tree-Lined Cabin w/ Deck! Cabin
| 3 bd · 1.5 ba · sleeps 6 | $36,752 | $212 | 47% | 4.5★ (12) | 0.6 mi | AirbnbVrboBooking |
Spacious riverfront home with private dock, firepit & scenic outdoor space House | 3 bd · 2 ba · sleeps 6 | $18,607 | $221 | 23% | 4.8★ (4) | 0.6 mi | Delisted |
Fireplaces*Firepit*Hot Tub Lounge Deck*Game Room Cabin
| 3 bd · 3 ba · sleeps 10 | $55,221 | $296 | 51% | 4.9★ (131) | 0.6 mi | AirbnbVrbo |
Cozy Riverfront Cabin w/ Hot Tub Cabin
| 3 bd · 2 ba · sleeps 6 | $34,761 | $236 | 40% | 5★ (65) | 0.7 mi | AirbnbVrbo |
Deer-Topia! Resort cabin & wineries,pet friendly Cabin
| 3 bd · 2 ba · sleeps 8 | $27,700 | $206 | 37% | 5★ (86) | 0.7 mi | AirbnbVrbo |
Luxury Cabin w/ Hot Tub + Game Room, Sleeps 10 Cabin | 3 bd · 3 ba · sleeps 10 | $35,805 | $294 | 33% | 5★ (83) | 0.7 mi | AirbnbBooking |
'The River Rest' Ellijay Cabin w/ Hot Tub! Cabin
| 3 bd · 3 ba · sleeps 10 | $30,675 | $307 | 27% | 4.9★ (58) | 0.7 mi | AirbnbVrboBooking |
Elkhorn Lodge - Coosawattee River Resort Cabin
| 3 bd · 3 ba · sleeps 8 | $42,888 | $224 | 52% | 5★ (75) | 0.7 mi | AirbnbVrboBooking |
Private Riverside Cabin Cabin
| 3 bd · 2 ba · sleeps 8 | $62,726 | $250 | 69% | 4.9★ (170) | 0.7 mi | AirbnbVrbo |
NEW 3-bedroom cozy cabin on 3 acres in awesome Ellijay, with a hot tub! Cabin
| 3 bd · 2 ba · sleeps 8 | $66,609 | $233 | 78% | 5★ (1) | 0.7 mi | Vrbo |
Treehouse in Coosawatee River Resort Cabin | 3 bd · 2 ba · sleeps 8 | $4,915 | $188 | 7% | 5★ (17) | 0.7 mi | Delisted |
Epic Mtn Views! Hot Tub, Spacious Decks, Game Room Cabin
| 3 bd · 3 ba · sleeps 9 | $80,307 | $315 | 70% | 5★ (96) | 0.7 mi | 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
Rate 8.03% = 7.28% Freddie Mac 30-yr avg (Oct 1) + 0.75% investor premium
Est. revenue
$41,803
NOI
$17,098
Cash flow /mo
-$1,611
Cash needed
$159,500
Cash-on-cash
-12.1%
ROE (yr 1)
0.4%
Cap rate
3.1%
DSCR
0.47
Year-1 write-off
$117,610
Year-1 tax shield @ 32%
$37,635
Year-1 return on equity
- Cash flow (annual)-$19,327
- Principal paydown$3,425
- Appreciation at%$16,500
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)$8,361
- Platform fees (3% of revenue)$1,254
- Maintenance / capex (5% of revenue)$2,090
- Utilities & supplies$4,200
- HOA$0
- Property tax$2,860
- Insurance (STR-rated)$5,940
Cash needed to close
- Down payment (25%)$137,500
- Closing costs (4.0%)$22,000
- Furnishing (conveyed with the sale)$0
Tax savings if the STR loophole applies
- Tax shield @ 32%$37,635
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
$436,000
Short-life (5/15-yr)
$117,000 · 27%
Year-1 deduction
$118,000
Year-1 tax shield @ 32%
$38,000
Land 21% (county tax record, market value split) · building $318,000 over 39 years
Based on: 1,400 sq ft, built 2000, 3 bd / 2 ba, furnished, listing features (hot tub, deck, game room, fireplace, flooring types, appliance list, septic).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $74,000 in year 1 (17% short-life, $24,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $9,700
Kitchen cabinetsdefault
$8,900 new × 40% good × 2.74 allocation
- $8,000
Kitchen countertopsdefault
$7,300 new × 40% good × 2.74 allocation
- $2,700
Decorative trimdefault
$2,500 new × 40% good × 2.74 allocation
- $300
Mirrorsdefault
$300 new × 40% good × 2.74 allocation
- $1,300
Shelvingdefault
$1,200 new × 40% good × 2.74 allocation
- $3,800
Window coverings (14)default
$3,500 new × 40% good × 2.74 allocation
- $4,000
Carpet, vinyl & laminate (40% of floors)listing
$3,600 new × 40% good × 2.74 allocation
- $9,100
Kitchen & laundry equipment plumbingdefault
$6,900 new × 48% good × 2.74 allocation
- $5,500
Kitchen, laundry & data equipment electricaldefault
$4,200 new × 48% good × 2.74 allocation
- $8,400
Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing
$7,700 new × 40% good × 2.74 allocation
- $9,900
Hot tub (freestanding)listing
$9,000 new × 40% good × 2.74 allocation
- $7,800
Furniture conveyed with the sale (used)listing
$19,500 new × 40% good · out of the price
- $2,400
Game-room equipment (used)listing
$6,000 new × 40% good · out of the price
- $10,600
Paving: driveway & walks (paved)default
$7,800 new × 50% good × 2.74 allocation
- $10,200
Landscaping (typical)default
$7,500 new × 50% good × 2.74 allocation
- $1,900
Patiosdefault
$1,400 new × 50% good × 2.74 allocation
- $21,600
Decks & porches (attached)listing
$15,800 new × 50% good × 2.74 allocation
- $235,400
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$151,500 new × 57% good × 2.74 allocation
- $20,700
Building plumbing & fixturesdefault
$15,700 new × 48% good × 2.74 allocation
- $19,800
Building electrical & lightingdefault
$15,000 new × 48% good × 2.74 allocation
- $17,300
HVACdefault
$15,800 new × 40% good × 2.74 allocation
- $5,900
Hardwood & tile floorsdefault
$5,400 new × 40% good × 2.74 allocation
- $2,900
Fireplacelisting
$2,600 new × 40% good × 2.74 allocation
- $16,500
Septic systemlisting
$12,000 new × 50% good × 2.74 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $72,900 | $44,400 | $300 | $117,600 |
| 2 | $0 | $0 | $8,200 | $8,200 |
| 3 | $0 | $0 | $8,200 | $8,200 |
| 4 | $0 | $0 | $8,200 | $8,200 |
| 5 | $0 | $0 | $8,200 | $8,200 |
| 6+ | $0 | $0 | $285,400 | $285,400 |
| Total | $72,900 | $44,400 | $318,400 | $435,700 |
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.