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83 Riverview Cir

83 Riverview Cir

Blue Ridge, GA 30513

$800,000

2 bd · 2 ba · 2,136 sqft · Listed 1d ago

View on Realtor.com →

Year built

2008

Sqft

2,136

Lot sqft

65,340

HOA / mo

None

Furnished

Yes

List date

2026-10-12T19:42:39.000000Z

Revenue

Annual revenue

$41,863

ADR

$191

Occupancy

60%

Cleaning fees (12 mo)

$7,362

Confidence

Med (57.73), 16 comps

Comp revenue range (p25 / median / p75)

$31,792$46,518$58,815

Median revenue of shown comps: $46,518

  • Delightful Cabin Rental with Mountain Views near Chattahoochee National Forest, Georgia

    Cabin · 2 bd · 2 ba · sleeps 6 · 167 ft

    • Pool
    • A/C
    • Pets OK
    • Wifi
    • +3

    Revenue $24,249ADR $267Occ ≈ 25%4★ (1)

    Vrbo

  • The Carriage House

    Cabin · 2 bd · 2 ba · sleeps 6 · 180 ft

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +7

    Revenue $49,001ADR $189Occ ≈ 71%4.9★ (489)

    AirbnbVrboBooking

  • Reel Sweet

    Cabin · 2 bd · 2 ba · sleeps 5 · 0.1 mi

    Revenue $12,266ADR $324Occ ≈ 10%5★ (45)

    Airbnb

  • The Toccoa Overlook

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

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +7

    Revenue $69,375ADR $239Occ ≈ 80%5★ (302)

    AirbnbVrboBooking

  • Fantastic Glamping Tiny Home Rental on The Toccoa River in Blue Ridge, Georgia

    Cabin · 2 bd · 2 ba · sleeps 8 · 0.1 mi

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

    Revenue $33,654ADR $307Occ ≈ 30%4.2★

    Vrbo

  • Riverfront Cabin • Hot Tub • Near Blue Ridge

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.2 mi

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

    Revenue $38,490ADR $300Occ ≈ 35%4.9★ (23)

    AirbnbVrboBooking

  • Romantic Riverfront Cabin with Pool Access in Blue Ridge, Georgia

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

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

    Revenue $32,849ADR $264Occ ≈ 34%—

    Vrbo

  • Romantic Riverfront Cabin with Pool Access in Blue Ridge, Georgia

    Vacation home · 2 bd · 2 ba · sleeps 4 · 0.2 mi

    Revenue $62,306ADR $188Occ ≈ 91%—

    Booking

  • River’s Edge: Toccoa Riverfront • Farm Chic

    Cabin · 2 bd · 3 ba · sleeps 4 · 0.3 mi

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

    Revenue $44,034ADR $236Occ ≈ 51%4.9★ (23)

    AirbnbVrbo

  • The Bend at Toccoa River Retreat

    Cabin · 2 bd · 1.5 ba · sleeps 6 · 0.3 mi

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

    Revenue $65,499ADR $255Occ ≈ 70%5★ (63)

    AirbnbVrbo

Show 6 more
  • Rivers Edge- Toccoa River, Hot Tub, Riverside Deck

    Cabin · 2 bd · 3 ba · sleeps 4 · 0.3 mi

    Revenue $59,914ADR $360Occ ≈ 46%4.7★ (8)

    AirbnbBooking

  • Blue Ridge A Frame | Hot Tub | Screened Porch

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.5 mi

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

    Revenue $55,581ADR $224Occ ≈ 68%5★ (99)

    AirbnbVrboBooking

  • Louise's Treehouse in the Mountains

    Cabin · 2 bd · 2.5 ba · sleeps 4 · 0.6 mi

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

    Revenue $28,620ADR $188Occ ≈ 42%5★ (32)

    Airbnb

  • Trout Tales Hideaway on the River.

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

    • A/C
    • Wifi
    • Kitchen
    • Washer
    • +2

    Revenue $55,108ADR $230Occ ≈ 66%5★ (131)

    AirbnbVrbo

  • Creekside Cabin Pet Friendly w/Hot Tub & Fire Pit!

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.7 mi

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

    Revenue $58,448ADR $260Occ ≈ 62%5★ (117)

    AirbnbVrbo

  • Serenity Blue Ridge

    Cabin · 2 bd · 2 ba · sleeps 5 · 0.7 mi

    • A/C
    • Free parking
    • Wifi
    • Kitchen
    • +2

    Revenue $11,425ADR $140Occ ≈ 22%5★ (110)

    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

Financing
Management

Est. revenue

$41,863

NOI

$14,908

Cash flow /mo

$1,242

Cash needed

$832,000

Cash-on-cash (all cash)

1.8%

ROE (yr 1)

4.7%

Cap rate

1.9%

DSCR

—

Year-1 write-off

$146,683

Year-1 tax shield @ 32%

$46,939

Year-1 return on equity

  • Cash flow (annual)$14,908
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$24,000
ROE4.7%

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)$8,373
  • Platform fees (3% of revenue)$1,256
  • Maintenance / capex (5% of revenue)$2,093
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$2,513
  • Insurance (STR-rated)$8,520

Cash needed to close

  • Purchase price (all cash)$800,000
  • Closing costs (4.0%)$32,000
  • Furnishing (conveyed with the sale)$0

Tax savings if the STR loophole applies

  • Tax shield @ 32%$46,939

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

$755,000

Short-life (5/15-yr)

$146,000 · 19%

Year-1 deduction

$147,000

Year-1 tax shield @ 32%

$47,000

Land 6% (county tax record, market value split) · building $609,000 over 39 years

Based on: 2,136 sq ft, built 2008, 2 bd / 2 ba, furnished, listing features (hot tub, deck, flooring types, appliance list, septic).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $85,000 in year 1 (11% short-life, $27,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$82,300
  • Kitchen cabinetsdefault

    $10,500 new × 40% good × 2.84 allocation

    $11,900
  • Kitchen countertopsdefault

    $8,600 new × 40% good × 2.84 allocation

    $9,700
  • Decorative trimdefault

    $3,700 new × 40% good × 2.84 allocation

    $4,200
  • Mirrorsdefault

    $300 new × 40% good × 2.84 allocation

    $300
  • Shelvingdefault

    $900 new × 40% good × 2.84 allocation

    $1,000
  • Window coverings (21)default

    $5,300 new × 40% good × 2.84 allocation

    $6,000
  • Kitchen & laundry equipment plumbingdefault

    $8,200 new × 64% good × 2.84 allocation

    $14,800
  • Kitchen, laundry & data equipment electricaldefault

    $4,900 new × 64% good × 2.84 allocation

    $9,000
  • Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing

    $7,700 new × 40% good × 2.84 allocation

    $8,700
  • Hot tub (freestanding)listing

    $9,000 new × 40% good × 2.84 allocation

    $10,200
  • Furniture conveyed with the sale (used)listing

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

    $6,400
15-year land improvements$63,700
  • Paving: driveway & walks (paved)listing

    $9,600 new × 50% good × 2.84 allocation

    $13,600
  • Landscaping (typical)default

    $9,200 new × 50% good × 2.84 allocation

    $13,100
  • Patiosdefault

    $2,100 new × 50% good × 2.84 allocation

    $3,000
  • Decks & porches (attached)listing

    $24,000 new × 50% good × 2.84 allocation

    $34,100
Building, 39-year$608,900
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $232,200 new × 70% good × 2.84 allocation

    $461,100
  • Building plumbing & fixturesdefault

    $24,000 new × 64% good × 2.84 allocation

    $43,700
  • Building electrical & lightingdefault

    $24,300 new × 64% good × 2.84 allocation

    $44,200
  • HVACdefault

    $24,100 new × 40% good × 2.84 allocation

    $27,300
  • Hardwood & tile floorsdefault

    $13,700 new × 40% good × 2.84 allocation

    $15,600
  • Septic systemlisting

    $12,000 new × 50% good × 2.84 allocation

    $17,000

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$82,300$63,700$700$146,700
2$0$0$15,600$15,600
3$0$0$15,600$15,600
4$0$0$15,600$15,600
5$0$0$15,600$15,600
6+$0$0$545,800$545,800
Total$82,300$63,700$608,900$754,900

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.