55 Elmwood Cir
Ellijay, GA 30540
$389,999
3 bd · 2.5 ba · 1,423 sqft · Listed 1d ago
View on Realtor.com →Year built
2024
Sqft
1,423
Lot sqft
20,473
HOA / mo
$95
Furnished
No
List date
2026-10-05T15:38:14.000000Z
Revenue
Annual revenue
$33,370
ADR
$199
Occupancy
46%
Cleaning fees (12 mo)
$7,465
Confidence
Low (27.44), 42 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $20,806
Wander and Wine - Ellijay Escape
House · 3 bd · 2 ba · sleeps 6 · 0.2 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +3
Revenue $41,793ADR $198Occ ≈ 58%5★ (39)
Summit Chalet | Cabin in Ellijay with deck, grill, pools, tennis, game room, W/D
Cabin · 3 bd · 3.5 ba · sleeps 9 · 0.3 mi
Revenue $20,880ADR $206Occ ≈ 28%2.5★ (2)
Cozy cabin w/ outdoor deck and access to Coosawattee Resort amenities
Cabin · 3 bd · 3 ba · sleeps 8 · 0.4 mi
Revenue $8,474ADR $310Occ ≈ 7%5★ (1)
Summit Chalet Retreat
Cabin · 3 bd · 3.5 ba · sleeps 9 · 0.4 mi
- Pool
- A/C
- Wifi
- Kitchen
- +3
Revenue $9,123ADR $154Occ ≈ 16%5★ (3)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Vino Vista 2BR+Loft-Wine Cellar, Game Rm & Hot Tub Cabin
| 3 bd · 2 ba · sleeps 8 | $40,822 | $210 | 53% | 5★ (87) | 0.1 mi | AirbnbVrbo |
Cabin w/Hot Tub, Sauna, Firepits, Resort Amenities House
| 3 bd · 3 ba · sleeps 8 | $70,224 | $324 | 59% | 5★ (40) | 0.2 mi | AirbnbVrbo |
Wander and Wine - Ellijay Escape House
| 3 bd · 2 ba · sleeps 6 | $41,793 | $198 | 58% | 5★ (39) | 0.2 mi | Airbnb |
Resort Cabin w/Hot Tub, Firepit Mins to DT Ellijay Cabin | 3 bd · 3 ba · sleeps 8 | $7,984 | $433 | 5% | 5★ (62) | 0.2 mi | AirbnbVrbo |
Resort cabin, close to gate, hot tub, fenced yard Cabin | 3 bd · 2 ba · sleeps 7 | $37,343 | $270 | 38% | 4.9★ (179) | 0.2 mi | AirbnbVrbo |
Beautiful Light-Filled Cabin in Ellijay w/Fire Pit Cabin
| 3 bd · 2.5 ba · sleeps 6 | $32,661 | $188 | 48% | 4.9★ (81) | 0.3 mi | AirbnbVrbo |
3 BR home with outdoor deck and serene views Cabin
| 3 bd · 3 ba · sleeps 8 | $4,120 | $274 | 4% | — | 0.3 mi | AirbnbVrboBooking |
Summit Chalet | Cabin in Ellijay with deck, grill, pools, tennis, game room, W/D Cabin | 3 bd · 3.5 ba · sleeps 9 | $20,880 | $206 | 28% | 2.5★ (2) | 0.3 mi | Vrbo |
Cozy cabin w/ outdoor deck and access to Coosawattee Resort amenities Cabin | 3 bd · 3 ba · sleeps 8 | $8,474 | $310 | 7% | 5★ (1) | 0.4 mi | Vrbo |
Summit Chalet Retreat Cabin
| 3 bd · 3.5 ba · sleeps 9 | $9,123 | $154 | 16% | 5★ (3) | 0.4 mi | Airbnb |
Show 30 more
Rocky River Retreat
Cabin · 3 bd · 2 ba · sleeps 6 · 0.4 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +2
Revenue $544ADR $272Occ ≈ 1%5★ (1)
Hardwood Hideaway
Vacation home · 3 bd · 2 ba · sleeps 7 · 0.4 mi
Revenue $34,411ADR $183Occ ≈ 52%4★ (1)
Maple Summit Ellijay
Cabin · 3 bd · 3 ba · sleeps 8 · 0.5 mi
- Hot tub
- Pool
- A/C
- Wifi
- +4
Revenue $4,355ADR $332Occ ≈ 4%5★ (2)
Riverfront Cabin w/ Hot-tub, peaceful escape
Cabin · 3 bd · 2.5 ba · sleeps 7 · 0.5 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +4
Revenue $29,651ADR $251Occ ≈ 32%5★ (17)
Whitetail River Retreat
Cabin · 3 bd · 2 ba · sleeps 6 · 0.6 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +2
Revenue $15,161ADR $420Occ ≈ 10%—
4 Mi to Dtwn Ellijay: Cabin w/ Pool & River Access
Vacation home · 3 bd · 2 ba · sleeps 8 · 0.7 mi
Revenue $11,160ADR $190Occ ≈ 16%—
Cabin at Coosawattee River Resort with private hot tub, pool & river access
Cabin · 3 bd · 3 ba · sleeps 8 · 0.7 mi
Revenue $17,931ADR $293Occ ≈ 17%4.9★ (14)
Beautiful Private Getaway Fireplace HotTub Rocking Chair Porch Resort Amenities
Cabin · 3 bd · 2 ba · sleeps 6 · 0.7 mi
- Hot tub
- Pool
- A/C
- Free parking
- +6
Revenue $34,733ADR $175Occ ≈ 54%4.9★ (128)
Valhalla - Secluded, luxurious cabin on the Coosawattee River Resort
Cabin · 3 bd · 3.5 ba · sleeps 10 · 0.8 mi
Revenue $16,002ADR $442Occ ≈ 10%3.7★ (3)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Rocky River Retreat Cabin
| 3 bd · 2 ba · sleeps 6 | $544 | $272 | 1% | 5★ (1) | 0.4 mi | Airbnb |
Riverfront, Hot Tub! Coosawattee River Resort Home House
| 3 bd · 3 ba · sleeps 8 | $38,481 | $313 | 34% | 5★ (14) | 0.4 mi | AirbnbVrboBooking |
Modern cabin retreat in Coosawattee river resort Cabin
| 3 bd · 2 ba · sleeps 7 | $43,027 | $268 | 44% | 5★ (30) | 0.4 mi | AirbnbVrbo |
Hardwood Hideaway Stay House
| 3 bd · 2 ba · sleeps 7 | $17,322 | $199 | 24% | 4.8★ (52) | 0.4 mi | AirbnbVrbo |
Hardwood Hideaway Vacation home | 3 bd · 2 ba · sleeps 7 | $34,411 | $183 | 52% | 4★ (1) | 0.4 mi | Booking |
Maple Summit Ellijay Cabin
| 3 bd · 3 ba · sleeps 8 | $4,355 | $332 | 4% | 5★ (2) | 0.5 mi | Airbnb |
Relaxing River Retreat on the river hot tub, firep Cabin
| 3 bd · 2 ba · sleeps 6 | $40,332 | $319 | 35% | 4.5★ (34) | 0.5 mi | AirbnbVrbo |
Riverfront Cabin w/ Hot-tub, peaceful escape Cabin
| 3 bd · 2.5 ba · sleeps 7 | $29,651 | $251 | 32% | 5★ (17) | 0.5 mi | Airbnb |
3 Bedroom Lodge Villa | 3 bd · 2 ba · sleeps 6 | $1,632 | $272 | 2% | — | 0.5 mi | Airbnb |
Amazing View / Sunset / Hot Tub / Covered Deck Cabin
| 3 bd · 3 ba · sleeps 8 | $70,124 | $256 | 75% | 5★ (142) | 0.5 mi | AirbnbVrbo |
Cozy Blue Ridge Cabin w/ River Access & Fire Pit Cabin
| 3 bd · 2 ba · sleeps 6 | $46,025 | $208 | 61% | 4.8★ (199) | 0.5 mi | AirbnbVrboBooking |
Riverfront Cabin w/ Screened Gazebo & EV Charger Cabin
| 3 bd · 2 ba · sleeps 6 | $39,392 | $225 | 48% | 5★ (56) | 0.6 mi | AirbnbVrboBooking |
Whitetail River Retreat Cabin
| 3 bd · 2 ba · sleeps 6 | $15,161 | $420 | 10% | — | 0.6 mi | Airbnb |
Dreamy wooded escape w/2 decks, resort access, WiFi, gas grills, hot tub/pool Cabin | 3 bd · 3 ba · sleeps 8 | $16,148 | $213 | 21% | 4.5★ (20) | 0.6 mi | VrboBooking |
Ellijay Cabin w/ Game Rm + Fire Pit | Dog-Friendly Cabin
| 3 bd · 3 ba · sleeps 8 | $30,797 | $330 | 26% | 5★ (40) | 0.6 mi | AirbnbVrbo |
Empress Tree Lodge - HotTub/Sauna/FirePit/Sleeps10 House | 3 bd · 3 ba · sleeps 10 | $34,863 | $330 | 29% | 4.8★ (27) | 0.6 mi | AirbnbVrbo |
Deer Haven-Hot Tub • Game Room • Outdoor Fireplace Cabin
| 3 bd · 3 ba · sleeps 6 | $36,198 | $280 | 35% | 5★ (13) | 0.7 mi | AirbnbVrbo |
Deer Haven Getaways - Resort Access Cabin
| 3 bd · 3 ba · sleeps 8 | $12,987 | $223 | 16% | 4.7★ (47) | 0.7 mi | AirbnbVrbo |
4 Mi to Dtwn Ellijay: Cabin w/ Pool & River Access Vacation home | 3 bd · 2 ba · sleeps 8 | $11,160 | $190 | 16% | — | 0.7 mi | Booking |
Bucks Bear Lodge - Recharge in a Riverside Resort Cabin
| 3 bd · 3 ba · sleeps 8 | $48,701 | $341 | 39% | 4.9★ (23) | 0.7 mi | AirbnbVrboBooking |
Cabin at Coosawattee River Resort with private hot tub, pool & river access Cabin | 3 bd · 3 ba · sleeps 8 | $17,931 | $293 | 17% | 4.9★ (14) | 0.7 mi | Vrbo |
Cozy Blue Ridge Cabin • Firepit • Near Orchards Cabin | 3 bd · 2 ba · sleeps 8 | $8,717 | $198 | 12% | 5★ (3) | 0.7 mi | AirbnbVrbo |
Water Tower 3 Bdrm Villa
| 3 bd · 2 ba · sleeps 6 | $927 | $231 | 1% | — | 0.7 mi | AirbnbVrbo |
New Listing: Secluded Heavenly Views 3 Bedroom, 2. Cabin | 3 bd · 2.5 ba · sleeps 7 | $17,879 | $361 | 14% | — | 0.7 mi | AirbnbVrbo |
Ellijay Escape: Hike, Shop, Explore & More! Cabin
| 3 bd · 2.5 ba · sleeps 8 | $15,961 | $182 | 24% | 4.4★ (13) | 0.7 mi | AirbnbVrboBooking |
Rustic Retreat - Paradise Found Cabin
| 3 bd · 2.5 ba · sleeps 8 | $20,731 | $172 | 33% | 5★ (6) | 0.7 mi | AirbnbVrboBooking |
Beautiful Private Getaway Fireplace HotTub Rocking Chair Porch Resort Amenities Cabin
| 3 bd · 2 ba · sleeps 6 | $34,733 | $175 | 54% | 4.9★ (128) | 0.7 mi | Vrbo |
A Harmony Of Coziness & Charm~ Fire pit, Workspace Cabin
| 3 bd · 1.5 ba · sleeps 6 | $47,704 | $180 | 73% | 5★ (32) | 0.7 mi | AirbnbVrboBooking |
Copper Lantern Stays Cabin
| 3 bd · 3 ba · sleeps 8 | $7,301 | $215 | 9% | 4.5★ (17) | 0.8 mi | AirbnbVrboBooking |
Valhalla - Secluded, luxurious cabin on the Coosawattee River Resort Cabin | 3 bd · 3.5 ba · sleeps 10 | $16,002 | $442 | 10% | 3.7★ (3) | 0.8 mi | Vrbo |
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
Est. revenue
$33,370
NOI
$11,703
Cash flow /mo
$975
Cash needed
$425,099
Cash-on-cash (all cash)
2.8%
ROE (yr 1)
5.5%
Cap rate
3.0%
DSCR
—
Year-1 write-off
$119,127
Year-1 tax shield @ 32%
$38,120
Year-1 return on equity
- Cash flow (annual)$11,703
- Principal paydown (n/a, cash)$0
- Appreciation at%$11,700
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)$6,674
- Platform fees (3% of revenue)$1,001
- Maintenance / capex (5% of revenue)$1,669
- Utilities & supplies$4,200
- HOA$1,140
- Property tax$2,771
- Insurance (STR-rated)$4,212
Cash needed to close
- Purchase price (all cash)$389,999
- Closing costs (4.0%)$15,600
- Furnishing (bought new)$19,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$38,120
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
$382,000
Short-life (5/15-yr)
$99,000 · 26%
Year-1 deduction
$119,000
Year-1 tax shield @ 32%
$38,000
Land 2% (county tax record, market value split) · building $283,000 over 39 years · new furniture $20,000
Based on: 1,423 sq ft, built 2024, 3 bd / 2.5 ba, unfurnished, listing features (hot tub, deck, fireplace, stone counters, flooring types, appliance list, septic).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $74,000 in year 1 (14% short-life, $24,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $10,800
Kitchen cabinetsdefault
$8,900 new × 92% good × 1.32 allocation
- $11,000
Kitchen countertops (stone)listing
$9,100 new × 92% good × 1.32 allocation
- $3,000
Decorative trimdefault
$2,500 new × 92% good × 1.32 allocation
- $300
Mirrorsdefault
$300 new × 83% good × 1.32 allocation
- $1,500
Shelvingdefault
$1,200 new × 92% good × 1.32 allocation
- $3,700
Window coverings (14)default
$3,500 new × 80% good × 1.32 allocation
- $8,800
Kitchen & laundry equipment plumbingdefault
$6,900 new × 96% good × 1.32 allocation
- $5,300
Kitchen, laundry & data equipment electricaldefault
$4,200 new × 96% good × 1.32 allocation
- $6,200
Appliances (range, microwave, dishwasher, refrigerator)listing
$5,700 new × 83% good × 1.32 allocation
- $9,500
Hot tub (freestanding)listing
$9,000 new × 80% good × 1.32 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $9,500
Paving: driveway & walks (paved)default
$7,800 new × 92% good × 1.32 allocation
- $9,100
Landscaping (typical)default
$7,500 new × 92% good × 1.32 allocation
- $1,700
Patiosdefault
$1,400 new × 92% good × 1.32 allocation
- $19,000
Decks & porches (attached)listing
$16,000 new × 90% good × 1.32 allocation
- $195,800
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$154,000 new × 97% good × 1.32 allocation
- $20,200
Building plumbing & fixturesdefault
$16,000 new × 96% good × 1.32 allocation
- $19,300
Building electrical & lightingdefault
$15,300 new × 96% good × 1.32 allocation
- $19,000
HVACdefault
$16,000 new × 90% good × 1.32 allocation
- $11,100
Hardwood & tile floorsdefault
$9,200 new × 92% good × 1.32 allocation
- $3,200
Fireplacelisting
$2,600 new × 92% good × 1.32 allocation
- $14,500
Septic systemlisting
$12,000 new × 92% good × 1.32 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $79,600 | $39,200 | $300 | $119,100 |
| 2 | $0 | $0 | $7,300 | $7,300 |
| 3 | $0 | $0 | $7,300 | $7,300 |
| 4 | $0 | $0 | $7,300 | $7,300 |
| 5 | $0 | $0 | $7,300 | $7,300 |
| 6+ | $0 | $0 | $253,800 | $253,800 |
| Total | $79,600 | $39,200 | $283,100 | $401,900 |
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.