398 Mountain View Rd

Ellijay, GA 30540

$525,000

2 bd · 2 ba · 1,104 sqft · Listed 1d ago

View on Realtor.com →

Year built

2000

Sqft

1,104

Lot sqft

89,734

HOA / mo

Furnished

List date

2026-10-16T16:50:28.000000Z

Revenue

Annual revenue

$37,299

ADR

$210

Occupancy

49%

Cleaning fees (12 mo)

$8,335

Confidence

Med (62.22), 16 comps

Comp revenue range (p25 / median / p75)

$32,118$40,154$48,092

Median revenue of shown comps: $40,154

Beautiful tree top cabin!
Cabin · 2 bd · 2 ba · sleeps 6 · 253 ft
Revenue $14,206ADR $194Occ ≈ 20%5★ (20)
Delisted
Skyline | Ellyjay, GA
Cabin · 2 bd · 2 ba · sleeps 4 · 492 ft
- A/C
- Free parking
- Pets OK
- Wifi
- +3
Revenue $52,257ADR $295Occ ≈ 49%4.8★ (21)
Airbnb Vrbo
Cozy Cabin in the Treetops *Hot Tub* Pet-Friendly
Cabin · 2 bd · 1 ba · sleeps 5 · 0.3 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +5
Revenue $45,519ADR $183Occ ≈ 68%5★ (413)
Airbnb Vrbo
Cozy mountain view cabin & 2 king en-suites
House · 2 bd · 2 ba · sleeps 4 · 0.4 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +3
Revenue $35,757ADR $214Occ ≈ 46%5★ (137)
Airbnb Vrbo
Fall Getaway: HotTub, Views, 2 Kings & Firepit
Cabin · 2 bd · 2 ba · sleeps 5 · 0.4 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +6
Revenue $62,257ADR $217Occ ≈ 79%4.9★ (232)
Airbnb Vrbo Booking
Gorgeous Mountain Cabin with Jacuzzi and Lovely Living Spaces in Georgia
Vacation home · 2 bd · 2 ba · sleeps 5 · 0.4 mi
Revenue $25,141ADR $203Occ ≈ 34%—
Booking
Nativa | Sleeps 4 | Hot Tub | Pet Friendly | Mountain Views & Fenced Yard
Cabin · 2 bd · 2 ba · sleeps 4 · 0.5 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +5
Revenue $35,700ADR $226Occ ≈ 43%4.8★ (160)
Vrbo
Peaceful Secluded Cabin •Hot Tub •Creek •Fire Pit
Cabin · 2 bd · 1 ba · sleeps 4 · 0.5 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +3
Revenue $33,546ADR $219Occ ≈ 42%5★ (29)
Airbnb Vrbo
All About The View, Ellijay, GA
Cabin · 2 bd · 3 ba · sleeps 4 · 0.5 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +4
Revenue $62,376ADR $308Occ ≈ 55%4.8★ (88)
Airbnb Vrbo
Hand-Built Log Cabin w Hot Tub, Views, and Privacy
Cabin · 2 bd · 1 ba · sleeps 4 · 0.6 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +5
Revenue $49,092ADR $209Occ ≈ 64%4.9★ (356)
Airbnb

Listing	Size	Revenue (12 mo)	ADR	Occ ≈	Rating	Distance	Links
Beautiful tree top cabin! Cabin	2 bd · 2 ba · sleeps 6	$14,206	$194	20%	5★ (20)	253 ft	Delisted
Skyline \| Ellyjay, GA Cabin A/C Free parking Pets OK Wifi +3	2 bd · 2 ba · sleeps 4	$52,257	$295	49%	4.8★ (21)	492 ft	Airbnb Vrbo
Cozy Cabin in the Treetops Hot Tub Pet-Friendly Cabin Hot tub A/C Free parking Pets OK +5	2 bd · 1 ba · sleeps 5	$45,519	$183	68%	5★ (413)	0.3 mi	Airbnb Vrbo
Cozy mountain view cabin & 2 king en-suites House Hot tub A/C Free parking Wifi +3	2 bd · 2 ba · sleeps 4	$35,757	$214	46%	5★ (137)	0.4 mi	Airbnb Vrbo
Fall Getaway: HotTub, Views, 2 Kings & Firepit Cabin Hot tub A/C Free parking Pets OK +6	2 bd · 2 ba · sleeps 5	$62,257	$217	79%	4.9★ (232)	0.4 mi	Airbnb Vrbo Booking
Gorgeous Mountain Cabin with Jacuzzi and Lovely Living Spaces in Georgia Vacation home	2 bd · 2 ba · sleeps 5	$25,141	$203	34%	—	0.4 mi	Booking
Nativa \| Sleeps 4 \| Hot Tub \| Pet Friendly \| Mountain Views & Fenced Yard Cabin Hot tub A/C Free parking Pets OK +5	2 bd · 2 ba · sleeps 4	$35,700	$226	43%	4.8★ (160)	0.5 mi	Vrbo
Peaceful Secluded Cabin •Hot Tub •Creek •Fire Pit Cabin Hot tub A/C Free parking Wifi +3	2 bd · 1 ba · sleeps 4	$33,546	$219	42%	5★ (29)	0.5 mi	Airbnb Vrbo
All About The View, Ellijay, GA Cabin Hot tub A/C Free parking Pets OK +4	2 bd · 3 ba · sleeps 4	$62,376	$308	55%	4.8★ (88)	0.5 mi	Airbnb Vrbo
Hand-Built Log Cabin w Hot Tub, Views, and Privacy Cabin Hot tub A/C Free parking Pets OK +5	2 bd · 1 ba · sleeps 4	$49,092	$209	64%	4.9★ (356)	0.6 mi	Airbnb

Show 6 more

Amy Creek Cabin Stay
House · 2 bd · 2.5 ba · sleeps 4 · 0.6 mi
- A/C
- Pets OK
- Wifi
- Kitchen
- +2
Revenue $11,131ADR $205Occ ≈ 15%4.5★ (28)
Airbnb Vrbo
The Grizzly Grove - Ellijay
Vacation home · 2 bd · 2 ba · sleeps 6 · 0.6 mi
Revenue $47,759ADR $182Occ ≈ 72%—
Booking
Beloved Creek- secluded, rushing creek, pawsitive!
Cabin · 2 bd · 2.5 ba · sleeps 6 · 0.6 mi
- A/C
- Free parking
- Pets OK
- Wifi
- +3
Revenue $31,024ADR $213Occ ≈ 40%4.9★ (140)
Airbnb Vrbo
Skyview Sanctuary | Ellijay, GA
Cabin · 2 bd · 2 ba · sleeps 4 · 0.6 mi
- A/C
- Free parking
- Pets OK
- Wifi
- +3
Revenue $44,550ADR $314Occ ≈ 39%4.7★ (23)
Airbnb Vrbo
Sunset Views + New Hot Tub | Ellijay & Blue Ridge
Cabin · 2 bd · 1 ba · sleeps 4 · 0.7 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +4
Revenue $46,978ADR $202Occ ≈ 64%5★ (73)
Airbnb Vrbo
Charming Cabin | immersive forest experience
Cabin · 2 bd · 2 ba · sleeps 6 · 0.7 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +3
Revenue $32,482ADR $220Occ ≈ 40%4.8★ (72)
Airbnb Vrbo

Listing	Size	Revenue (12 mo)	ADR	Occ ≈	Rating	Distance	Links
Amy Creek Cabin Stay House A/C Pets OK Wifi Kitchen +2	2 bd · 2.5 ba · sleeps 4	$11,131	$205	15%	4.5★ (28)	0.6 mi	Airbnb Vrbo
The Grizzly Grove - Ellijay Vacation home	2 bd · 2 ba · sleeps 6	$47,759	$182	72%	—	0.6 mi	Booking
Beloved Creek- secluded, rushing creek, pawsitive! Cabin A/C Free parking Pets OK Wifi +3	2 bd · 2.5 ba · sleeps 6	$31,024	$213	40%	4.9★ (140)	0.6 mi	Airbnb Vrbo
Skyview Sanctuary \| Ellijay, GA Cabin A/C Free parking Pets OK Wifi +3	2 bd · 2 ba · sleeps 4	$44,550	$314	39%	4.7★ (23)	0.6 mi	Airbnb Vrbo
Sunset Views + New Hot Tub \| Ellijay & Blue Ridge Cabin Hot tub A/C Free parking Pets OK +4	2 bd · 1 ba · sleeps 4	$46,978	$202	64%	5★ (73)	0.7 mi	Airbnb Vrbo
Charming Cabin \| immersive forest experience Cabin Hot tub A/C Free parking Wifi +3	2 bd · 2 ba · sleeps 6	$32,482	$220	40%	4.8★ (72)	0.7 mi	Airbnb 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

Financing

Management

Purchase priceAlready furnishedTax bracketCount tax savings in returnsOnly if you can use the losses (STR loophole)

Est. revenue

$37,299

NOI

$14,619

Cash flow /mo

$1,218

Cash needed

$562,000

Cash-on-cash (all cash)

2.6%

ROE (yr 1)

5.4%

Cap rate

2.8%

DSCR

—

Year-1 write-off

$117,313

Year-1 tax shield @ 32%

$37,540

Year-1 return on equity

Cash flow (annual)$14,619
Principal paydown (n/a, cash)$0
Appreciation at%$15,750

ROE5.4%

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)$7,460
Platform fees (3% of revenue)$1,119
Maintenance / capex (5% of revenue)$1,865
Utilities & supplies$4,200
HOA$0
Property tax$2,366
Insurance (STR-rated)$5,670

Cash needed to close

Purchase price (all cash)$525,000
Closing costs (4.0%)$21,000
Furnishing (bought new)$16,000

Tax savings if the STR loophole applies

Tax shield @ 32%$37,540

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

$361,000

Short-life (5/15-yr)

$101,000 · 28%

Year-1 deduction

$117,000

Year-1 tax shield @ 32%

$38,000

Land 31% (county tax record, market value split) · building $260,000 over 39 years · new furniture $16,000

Based on: 1,104 sq ft, built 2000, 2 bd / 2 ba, unfurnished, listing features (hot tub, deck, fence, fireplace, flooring types, appliance list, septic).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $80,000 in year 1 (18% short-life, $26,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$71,300

Kitchen cabinetsdefault
$8,200 new × 40% good × 2.77 allocation
$9,100
Kitchen countertopsdefault
$6,700 new × 40% good × 2.77 allocation
$7,500
Decorative trimdefault
$1,900 new × 40% good × 2.77 allocation
$2,100
Mirrorsdefault
$300 new × 40% good × 2.77 allocation
$300
Shelvingdefault
$900 new × 40% good × 2.77 allocation
$1,000
Window coverings (11)default
$2,800 new × 40% good × 2.77 allocation
$3,000
Kitchen & laundry equipment plumbingdefault
$6,400 new × 48% good × 2.77 allocation
$8,500
Kitchen, laundry & data equipment electricaldefault
$3,900 new × 48% good × 2.77 allocation
$5,100
Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing
$7,700 new × 40% good × 2.77 allocation
$8,500
Hot tub (freestanding)listing
$9,000 new × 40% good × 2.77 allocation
$10,000
Furniture bought newlisting
$16,000 new × 100% good · bought separately
$16,000

15-year land improvements$45,800

Paving: driveway & walks (paved)default
$6,900 new × 50% good × 2.77 allocation
$9,500
Landscaping (typical)default
$6,600 new × 50% good × 2.77 allocation
$9,200
Patiosdefault
$1,100 new × 50% good × 2.77 allocation
$1,500
Decks & porches (attached)listing
$12,400 new × 50% good × 2.77 allocation
$17,200
Fencinglisting
$6,000 new × 50% good × 2.77 allocation
$8,300

Building, 39-year$260,300

Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$119,400 new × 57% good × 2.77 allocation
$187,600
Building plumbing & fixturesdefault
$12,400 new × 48% good × 2.77 allocation
$16,500
Building electrical & lightingdefault
$11,300 new × 48% good × 2.77 allocation
$15,000
HVACdefault
$12,400 new × 40% good × 2.77 allocation
$13,800
Hardwood & tile floorsdefault
$7,100 new × 40% good × 2.77 allocation
$7,900
Fireplacelisting
$2,600 new × 40% good × 2.77 allocation
$2,900
Septic systemlisting
$12,000 new × 50% good × 2.77 allocation
$16,600

About the property

Sold furnishedGame roomHot tubPoolDeckDrivewayLandscapingFencedIrrigationLong-term rental (27.5-yr)Carpet / vinyl / laminate %Placed in serviceClosing costs $ (adds to basis)Land %Bonus depreciation %

Depreciation schedule: typical cost seg study

Year	5-yr	15-yr	Building	Total
1	$71,300	$45,800	$300	$117,300
2	$0	$0	$6,700	$6,700
3	$0	$0	$6,700	$6,700
4	$0	$0	$6,700	$6,700
5	$0	$0	$6,700	$6,700
6+	$0	$0	$233,300	$233,300
Total	$71,300	$45,800	$260,300	$377,300

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.