52 Otto Ct
Ellijay, GA 30540
$574,900
3 bd · 2 ba · 2,880 sqft · Listed 24d ago
View on Realtor.com →Year built
2026
Sqft
2,880
Lot sqft
21,344
HOA / mo
None
Furnished
No
List date
2026-09-03T13:34:44.000000Z
Revenue
Annual revenue
$32,063
ADR
$180
Occupancy
49%
Cleaning fees (12 mo)
$6,123
Confidence
Low (37.4), 31 comps
Comp revenue range (p25 / median / p75)
Four Winds Lodge & Hot Tub and Community Pool
Cabin · 3 bd · 2 ba · sleeps 6 · 0.1 mi
Revenue $9,660ADR $153Occ ≈ 17%4.9★ (213)
Mountain cabin with WiFi, fireplace, shared pools, game room, tennis, & gym
Cabin · 3 bd · 3 ba · sleeps 10 · 0.2 mi
Revenue $27,211ADR $159Occ ≈ 47%4.6★ (10)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Four Winds Lodge & Hot Tub and Community Pool Cabin | 3 bd · 2 ba · sleeps 6 | $9,660 | $153 | 17% | 4.9★ (213) | 0.1 mi | Airbnb |
2 Kings-Dog Friendly-Hot Cocoa-Walk to Rec Center! Cabin | 3 bd · 2 ba · sleeps 6 | $25,135 | $232 | 30% | 5★ (10) | 0.1 mi | AirbnbVrbo |
Walking distance to Pool & Rec Cntr! Apple Country Cabin | 3 bd · 2 ba · sleeps 6 | $31,753 | $143 | 61% | 5★ (60) | 0.2 mi | AirbnbVrbo |
Mountain cabin with WiFi, fireplace, shared pools, game room, tennis, & gym Cabin | 3 bd · 3 ba · sleeps 10 | $27,211 | $159 | 47% | 4.6★ (10) | 0.2 mi | Vrbo |
New Listing-Community Amenities-Prime Location House | 3 bd · 3 ba · sleeps 6 | $7,506 | $163 | 13% | 5★ (1) | 0.3 mi | AirbnbVrbo |
2025 BUILT*Family Friendly*Game Rm*Fire Pit*5 TV's House | 3 bd · 2.5 ba · sleeps 8 | $27,879 | $237 | 32% | 5★ (7) | 0.4 mi | AirbnbVrbo |
Hot Tub & Movie Room: Updated Cabin in Ellijay! Cabin | 3 bd · 3 ba · sleeps 9 | $31,494 | $239 | 36% | 5★ (32) | 0.4 mi | AirbnbVrboBooking |
Rustic Cabin Escape in Gilmer County House | 3 bd · 2.5 ba · sleeps 8 | $10,299 | $344 | 8% | — | 0.5 mi | AirbnbVrbo |
Private Cabin • Hot Tub • Pet Friendly •Fiber WiFi Cabin | 3 bd · 2 ba · sleeps 6 | $43,629 | $186 | 64% | 5★ (154) | 0.5 mi | AirbnbVrbo |
Fall Cabin: Hot Tub | Fire Pit | Hikes | Wineries Cabin | 3 bd · 2.5 ba · sleeps 8 | $32,912 | $253 | 36% | 5★ (42) | 0.5 mi | AirbnbVrboBooking |
Show all 31 comps
Unique mountain getaway! Hot tub, game room, year round community pool!
House · 3 bd · 2 ba · sleeps 6 · 0.5 mi
Revenue $10,226ADR $224Occ ≈ 13%4.9★ (20)
Chicken Coop | No Pet Fees | Sleeps 6 | large fenced yard| Paved Roads
Cabin · 3 bd · 3 ba · sleeps 6 · 0.5 mi
Revenue $68,825ADR $311Occ ≈ 61%5★ (17)
The Lighthouse Retreat
House · 3 bd · 3 ba · sleeps 6 · 0.5 mi
Revenue $9,760ADR $216Occ ≈ 12%5★ (10)
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)
Deer valley overlook, large, 4 bedrooms game room fire pit hot tub three decks
Cabin · 3 bd · 3 ba · sleeps 14 · 0.6 mi
Revenue $62,642ADR $635Occ ≈ 27%5★ (2)
Cozy cabin retreat in Ellijay
Cabin · 3 bd · 2 ba · sleeps 10 · 0.7 mi
Revenue $41,164ADR $180Occ ≈ 63%5★ (3)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Creekside Cabin Escape • Hot Tub • Fire Pit Cabin | 3 bd · 2 ba · sleeps 6 | $25,653 | $285 | 25% | 5★ (82) | 0.5 mi | AirbnbVrbo |
Unique mountain getaway! Hot tub, game room, year round community pool! House | 3 bd · 2 ba · sleeps 6 | $10,226 | $224 | 13% | 4.9★ (20) | 0.5 mi | Vrbo |
Peaceful, screened porch, hot tub, firepit, grill Cabin | 3 bd · 3 ba · sleeps 6 | $47,408 | $192 | 68% | 5★ (52) | 0.5 mi | AirbnbVrbo |
Chicken Coop | No Pet Fees | Sleeps 6 | large fenced yard| Paved Roads Cabin | 3 bd · 3 ba · sleeps 6 | $68,825 | $311 | 61% | 5★ (17) | 0.5 mi | Vrbo |
Firefly Ridge / Luxury & Private in Coosawatte House | 3 bd · 2.5 ba · sleeps 6 | $5,175 | $431 | 3% | — | 0.5 mi | AirbnbVrbo |
The Lighthouse Retreat House | 3 bd · 3 ba · sleeps 6 | $9,760 | $216 | 12% | 5★ (10) | 0.5 mi | Airbnb |
Rushing River Lodge: Mountain Cabin with River View & Hot Tub Cabin | 3 bd · 2 ba · sleeps 8 | $47,199 | $286 | 45% | 5★ (2) | 0.5 mi | Vrbo |
5-Star,Gated River Resort,Dog friendly, Hot Tub! Cabin | 3 bd · 3 ba · sleeps 10 | $65,025 | $296 | 60% | 5★ (81) | 0.6 mi | AirbnbVrbo |
Dolche Vita Chalet A great place to stay. Cabin | 3 bd · 3 ba · sleeps 8 | $1,154 | $577 | 1% | 5★ (11) | 0.6 mi | AirbnbVrbo |
3 BR cabin with shared pool & fireplaces Cabin | 3 bd · 2.5 ba · sleeps 6 | $16,970 | $305 | 15% | 4.3★ (4) | 0.6 mi | AirbnbVrboBooking |
Cozy Mountain Cabin hot tub, fire pit, hiking House | 3 bd · 2 ba · sleeps 6 | $30,865 | $238 | 36% | 4.8★ (63) | 0.6 mi | AirbnbVrboBooking |
Deer valley overlook, large, 4 bedrooms game room fire pit hot tub three decks Cabin | 3 bd · 3 ba · sleeps 14 | $62,642 | $635 | 27% | 5★ (2) | 0.6 mi | Vrbo |
River's Creekside Cabin Cabin | 3 bd · 3 ba · sleeps 10 | $3,730 | $233 | 4% | 4.6★ (14) | 0.6 mi | AirbnbVrbo |
Cozy Secluded Ellijay Bear Haven Cabin Cabin | 3 bd · 3 ba · sleeps 6 | $43,302 | $229 | 52% | 5★ (71) | 0.7 mi | AirbnbVrbo |
10 Mi to Dtwn: Home w/ Spacious Patio in Ellijay! House | 3 bd · 2.5 ba · sleeps 7 | $29,494 | $211 | 38% | 4.8★ (11) | 0.7 mi | AirbnbVrboBooking |
HOT TUB Family Pet Friendly Cabin Coosawattee Cabin | 3 bd · 2 ba · sleeps 8 | $23,801 | $187 | 35% | 4.9★ (38) | 0.7 mi | AirbnbVrboBooking |
Ledger Creek Cabin Cabin | 3 bd · 3 ba · sleeps 8 | $25,513 | $205 | 34% | 4.9★ (34) | 0.7 mi | AirbnbVrboBooking |
Camp Little Creek, Cozy Mountain Cabin Cabin | 3 bd · 2.5 ba · sleeps 6 | $36,068 | $319 | 31% | 5★ (65) | 0.7 mi | AirbnbVrbo |
Wandering Bear's Den House | 3 bd · 2 ba · sleeps 6 | $13,878 | $184 | 21% | 4.3★ (29) | 0.7 mi | AirbnbVrbo |
Ellijay Harmony Lodge • Live Music Room • Sleeps 8 House | 3 bd · 3 ba · sleeps 8 | $44,181 | $195 | 62% | 5★ (6) | 0.7 mi | AirbnbVrboBooking |
Cozy cabin retreat in Ellijay Cabin | 3 bd · 2 ba · sleeps 10 | $41,164 | $180 | 63% | 5★ (3) | 0.7 mi | Airbnb |
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 7.78% = 7.03% Freddie Mac 30-yr avg (Sep 24) + 0.75% investor premium
Est. revenue
$32,063
NOI
$12,623
Cash flow /mo
-$2,046
Cash needed
$186,221
Cash-on-cash
-13.2%
ROE (yr 1)
-1.9%
Cap rate
2.2%
DSCR
0.34
Year-1 write-off
$108,490
Year-1 tax shield @ 32%
$34,717
Year-1 return on equity
- Cash flow (annual)-$24,552
- Principal paydown$3,762
- Appreciation at%$17,247
Opex, cash-needed & tax-savings breakdown
Annual operating expenses
- Management (20% of revenue)$6,413
- Platform fees (3% of revenue)$962
- Maintenance / capex (5% of revenue)$1,603
- Utilities & supplies$4,200
- HOA$0
- Property tax$53
- Insurance (STR-rated)$6,209
Cash needed to close
- Down payment (25%)$143,725
- Closing costs (4.0%)$22,996
- Furnishing (bought new)$19,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$34,717
No county tax record split for property tax, insurance rate and the land/building split, so those use market defaults — edit the price above; 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
$489,000
Short-life (5/15-yr)
$88,000 · 18%
Year-1 deduction
$108,000
Year-1 tax shield @ 32%
$35,000
Land 15% (market default, no usable tax-record split) · building $401,000 over 39 years · new furniture $20,000
Based on: 2,880 sq ft, built 2026, 3 bd / 2 ba, unfurnished, listing features (fireplace, stone counters, flooring types, appliance list, septic).
IRS-guide safe-harbor floor: $78,000 in year 1 (12% short-life, $25,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $11,100
Kitchen cabinetsdefault
$12,100 new × 100% good × 0.91 allocation
- $11,300
Kitchen countertops (stone)listing
$12,400 new × 100% good × 0.91 allocation
- $4,600
Decorative trimdefault
$5,000 new × 100% good × 0.91 allocation
- $300
Mirrorsdefault
$300 new × 100% good × 0.91 allocation
- $1,100
Shelvingdefault
$1,200 new × 100% good × 0.91 allocation
- $6,600
Window coverings (29)default
$7,300 new × 100% good × 0.91 allocation
- $8,500
Carpet, vinyl & laminate (50% of floors)listing
$9,300 new × 100% good × 0.91 allocation
- $8,600
Kitchen & laundry equipment plumbingdefault
$9,400 new × 100% good × 0.91 allocation
- $5,200
Kitchen, laundry & data equipment electricaldefault
$5,700 new × 100% good × 0.91 allocation
- $5,200
Appliances (range, microwave, dishwasher, refrigerator)listing
$5,700 new × 100% good × 0.91 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $10,200
Paving: driveway & walks (paved)default
$11,100 new × 100% good × 0.91 allocation
- $9,800
Landscaping (typical)default
$10,700 new × 100% good × 0.91 allocation
- $2,600
Patiosdefault
$2,800 new × 100% good × 0.91 allocation
- $2,600
Decks & porches (attached)default
$2,800 new × 100% good × 0.91 allocation
- $286,400
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$313,200 new × 100% good × 0.91 allocation
- $29,700
Building plumbing & fixturesdefault
$32,500 new × 100% good × 0.91 allocation
- $30,900
Building electrical & lightingdefault
$33,800 new × 100% good × 0.91 allocation
- $29,700
HVACdefault
$32,400 new × 100% good × 0.91 allocation
- $8,500
Hardwood & tile floorsdefault
$9,300 new × 100% good × 0.91 allocation
- $4,800
Fireplaces (2)listing
$5,300 new × 100% good × 0.91 allocation
- $11,000
Septic systemlisting
$12,000 new × 100% good × 0.91 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $82,000 | $25,200 | $1,300 | $108,500 |
| 2 | $0 | $0 | $10,300 | $10,300 |
| 3 | $0 | $0 | $10,300 | $10,300 |
| 4 | $0 | $0 | $10,300 | $10,300 |
| 5 | $0 | $0 | $10,300 | $10,300 |
| 6+ | $0 | $0 | $358,600 | $358,600 |
| Total | $82,000 | $25,200 | $401,000 | $508,200 |
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.