1466 Newport Dr
Ellijay, GA 30540
$500,000
3 bd · 3 ba · 2,714 sqft · Listed today
View on Realtor.com →Year built
2016
Sqft
2,714
Lot sqft
35,719
HOA / mo
$98
Furnished
No
List date
2026-10-01T01:15:13.000000Z
Revenue
Annual revenue
$42,758
ADR
$251
Occupancy
47%
Cleaning fees (12 mo)
$9,363
Confidence
Low (41.21), 30 comps
Comp revenue range (p25 / median / p75)
Deer Watch Retreat, Hot tub & Billiards, Ellijay
House · 3 bd · 3 ba · sleeps 8 · 0.4 mi
Revenue $31,454ADR $257Occ ≈ 34%5★ (15)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
New Luxury Cabin Sauna-Hot Tub-Mini Golf-Firepit House | 3 bd · 2.5 ba · sleeps 12 | $90,234 | $410 | 60% | 5★ (57) | 472 ft | AirbnbVrbo |
Fun Octagon Cabin on Double Lot! Hot Tub, Firepit! Cabin | 3 bd · 2 ba · sleeps 8 | $51,670 | $257 | 55% | 5★ (114) | 0.1 mi | AirbnbVrbo |
Mountain Bliss: Hot Tub, Fire Pit, Game Room & Vie Cabin | 3 bd · 3 ba · sleeps 10 | $34,513 | $303 | 31% | 4.9★ (71) | 0.1 mi | AirbnbVrboBooking |
Deer Haven Bungalow- Pet friendly, hot tub Cabin | 3 bd · 3 ba · sleeps 6 | $42,232 | $247 | 47% | 4.8★ (14) | 0.2 mi | AirbnbVrboBooking |
Ellijay Cabin/ Mtn Views, Hot Tub, Game Rm/slps 12 Cabin | 3 bd · 3 ba · sleeps 12 | $44,859 | $414 | 30% | 4.9★ (20) | 0.2 mi | AirbnbVrbo |
Bamby Bungalow. Family and Pet Getaway. Fenced yrd Cabin | 3 bd · 2 ba · sleeps 8 | $52,911 | $223 | 65% | 5★ (145) | 0.3 mi | AirbnbVrbo |
3 br Family friendly cabin Cabin | 3 bd · 2 ba · sleeps 8 | $10,643 | $229 | 13% | 4.6★ (23) | 0.3 mi | AirbnbVrbo |
Spacious Cabin • Hot Tub, Fire Pit, Dogs OK Cabin | 3 bd · 2 ba · sleeps 10 | $38,400 | $412 | 26% | 4.9★ (39) | 0.3 mi | AirbnbVrbo |
Deer Watch Retreat, Hot tub & Billiards, Ellijay House | 3 bd · 3 ba · sleeps 8 | $31,454 | $257 | 34% | 5★ (15) | 0.4 mi | Airbnb |
Alpine Mountain-Full Fenced yard, privacy, hot tub Cabin | 3 bd · 3 ba · sleeps 6 | $26,391 | $242 | 30% | 4.8★ (6) | 0.4 mi | AirbnbVrbo |
Show all 30 comps
NEW@Coosawatee River Resort -Sauna/Hot Tub/Dog ok!
Cabin · 3 bd · 3 ba · sleeps 8 · 0.4 mi
Revenue $21,430ADR $320Occ ≈ 18%5★ (4)
Spacious riverfront home with private dock, firepit & scenic outdoor space
House · 3 bd · 2 ba · sleeps 6 · 0.5 mi
Revenue $18,659ADR $221Occ ≈ 23%4.8★ (4)
Patagonia on the River
House · 3 bd · 2 ba · sleeps 6 · 0.5 mi
Revenue $5,750ADR $187Occ ≈ 8%4.7★ (3)
Wilderness-themed retreat with community amenities, private hot tub, & fireplace
House · 3 bd · 2 ba · sleeps 6 · 0.6 mi
Revenue $30,706ADR $188Occ ≈ 45%1★ (1)
Riverfront cabin, Game Room, Hot tub, Private
Cabin · 3 bd · 2.5 ba · sleeps 10 · 0.7 mi
Revenue $9,449ADR $398Occ ≈ 7%4.8★ (69)
Hilltop Hideaway
House · 3 bd · 2 ba · sleeps 6 · 0.7 mi
Revenue $25,813ADR $145Occ ≈ 49%4.7★ (16)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Quiet Hideaway with Firepit, Pool, Fireplace! Cabin | 3 bd · 3.5 ba · sleeps 8 | $18,179 | $240 | 21% | 5★ (38) | 0.4 mi | AirbnbVrbo |
Enchanted Deer - Hot Tub, Fire Pit, Pet Friendly Cabin | 3 bd · 3 ba · sleeps 6 | $39,237 | $263 | 41% | 5★ (44) | 0.4 mi | AirbnbVrboBooking |
NEW@Coosawatee River Resort -Sauna/Hot Tub/Dog ok! Cabin | 3 bd · 3 ba · sleeps 8 | $21,430 | $320 | 18% | 5★ (4) | 0.4 mi | Airbnb |
Modern Chic Cabin - Blue Ridge-Hot Tub & Game Room Cabin | 3 bd · 2.5 ba · sleeps 7 | $64,673 | $330 | 54% | 5★ (54) | 0.4 mi | AirbnbBooking |
Honey Bear Hideaway - Private. New Hot Tub. Cabin | 3 bd · 3 ba · sleeps 7 | $20,947 | $187 | 31% | 5★ (11) | 0.4 mi | AirbnbVrbo |
Spacious riverfront home with private dock, firepit & scenic outdoor space House | 3 bd · 2 ba · sleeps 6 | $18,659 | $221 | 23% | 4.8★ (4) | 0.5 mi | Vrbo |
Patagonia on the River House | 3 bd · 2 ba · sleeps 6 | $5,750 | $187 | 8% | 4.7★ (3) | 0.5 mi | Airbnb |
S'mours & Pours House | 3 bd · 3.5 ba · sleeps 8 | $7,309 | $257 | 8% | 5★ (8) | 0.5 mi | AirbnbVrbo |
3 King Bed Retreat with Hot Tub, near Downtown LIJ House | 3 bd · 2 ba · sleeps 6 | $27,984 | $323 | 24% | 5★ (73) | 0.6 mi | AirbnbVrbo |
Riversong Hot Tub Theater Game Room Resort Access Cabin | 3 bd · 3.5 ba · sleeps 10 | $38,621 | $282 | 38% | 5★ (71) | 0.6 mi | AirbnbVrbo |
Bear Hug Lodge Stays House | 3 bd · 2 ba · sleeps 6 | $8,910 | $259 | 9% | 4★ (13) | 0.6 mi | AirbnbVrboBooking |
Wilderness-themed retreat with community amenities, private hot tub, & fireplace House | 3 bd · 2 ba · sleeps 6 | $30,706 | $188 | 45% | 1★ (1) | 0.6 mi | Vrbo |
Private Riverside Cabin Cabin | 3 bd · 2 ba · sleeps 8 | $62,652 | $250 | 69% | 4.9★ (167) | 0.7 mi | AirbnbVrbo |
Trout Tales Riverfront Lodge-DeckedOUT|Hottub|Dog Cabin | 3 bd · 3 ba · sleeps 10 | $75,682 | $375 | 55% | 5★ (85) | 0.7 mi | AirbnbVrboBooking |
Fully-Fenced w/Pool & Resort Access, Pet-Friendly Cabin | 3 bd · 2.5 ba · sleeps 8 | $40,327 | $273 | 40% | 5★ (97) | 0.7 mi | AirbnbVrboBooking |
Ellijay Cabin Escape: Hot Tub & Fire Pit! Cabin | 3 bd · 2.5 ba · sleeps 9 | $63,461 | $230 | 76% | 5★ (136) | 0.7 mi | AirbnbVrboBooking |
Riverfront cabin, Game Room, Hot tub, Private Cabin | 3 bd · 2.5 ba · sleeps 10 | $9,449 | $398 | 7% | 4.8★ (69) | 0.7 mi | Airbnb |
Hilltop Hideaway House | 3 bd · 2 ba · sleeps 6 | $25,813 | $145 | 49% | 4.7★ (16) | 0.7 mi | Airbnb |
Cozy Creek Side Cabin Cabin | 3 bd · 3 ba · sleeps 9 | $51,539 | $211 | 67% | 5★ (132) | 0.7 mi | AirbnbVrbo |
Deer Run | Coosawattee Resort Amenities Cabin | 3 bd · 3 ba · sleeps 6 | $26,393 | $271 | 27% | 5★ (39) | 0.8 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
Est. revenue
$42,758
NOI
$19,242
Cash flow /mo
$1,603
Cash needed
$545,500
Cash-on-cash (all cash)
3.5%
ROE (yr 1)
6.3%
Cap rate
3.8%
DSCR
—
Year-1 write-off
$118,104
Year-1 tax shield @ 32%
$37,793
Year-1 return on equity
- Cash flow (annual)$19,242
- Principal paydown (n/a, cash)$0
- Appreciation at%$15,000
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)$8,552
- Platform fees (3% of revenue)$1,283
- Maintenance / capex (5% of revenue)$2,138
- Utilities & supplies$4,200
- HOA$1,176
- Property tax$768
- Insurance (STR-rated)$5,400
Cash needed to close
- Purchase price (all cash)$500,000
- Closing costs (4.0%)$20,000
- Furnishing (bought new)$25,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$37,793
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
$493,000
Short-life (5/15-yr)
$92,000 · 19%
Year-1 deduction
$118,000
Year-1 tax shield @ 32%
$38,000
Land 1% (county tax record, market value split) · building $400,000 over 39 years · new furniture $26,000
Based on: 2,714 sq ft, built 2016, 3 bd / 3 ba, unfurnished, listing features (deck, patio, fence, game room, fireplace, flooring types, appliance list, septic).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $79,000 in year 1 (11% short-life, $25,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $8,600
Kitchen cabinetsdefault
$11,700 new × 60% good × 1.22 allocation
- $7,000
Kitchen countertopsdefault
$9,600 new × 60% good × 1.22 allocation
- $3,500
Decorative trimdefault
$4,700 new × 60% good × 1.22 allocation
- $200
Mirrorsdefault
$500 new × 40% good × 1.22 allocation
- $900
Shelvingdefault
$1,200 new × 60% good × 1.22 allocation
- $3,300
Window coverings (27)default
$6,800 new × 40% good × 1.22 allocation
- $2,800
Carpet, vinyl & laminate (33% of floors)listing
$5,800 new × 40% good × 1.22 allocation
- $8,900
Kitchen & laundry equipment plumbingdefault
$9,100 new × 80% good × 1.22 allocation
- $5,400
Kitchen, laundry & data equipment electricaldefault
$5,500 new × 80% good × 1.22 allocation
- $2,800
Appliances (range, microwave, dishwasher, refrigerator)listing
$5,700 new × 40% good × 1.22 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $6,000
Game-room equipment bought newlisting
$6,000 new × 100% good · bought separately
- $9,900
Paving: driveway & walks (paved)default
$13,500 new × 60% good × 1.22 allocation
- $7,600
Landscaping (typical)default
$10,400 new × 60% good × 1.22 allocation
- $8,900
Patioslisting
$12,200 new × 60% good × 1.22 allocation
- $18,600
Decks & porches (attached)listing
$30,500 new × 50% good × 1.22 allocation
- $3,700
Fencinglisting
$6,000 new × 50% good × 1.22 allocation
- $299,900
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$294,900 new × 83% good × 1.22 allocation
- $29,900
Building plumbing & fixturesdefault
$30,600 new × 80% good × 1.22 allocation
- $30,900
Building electrical & lightingdefault
$31,700 new × 80% good × 1.22 allocation
- $18,700
HVACdefault
$30,600 new × 50% good × 1.22 allocation
- $8,500
Hardwood & tile floorsdefault
$11,600 new × 60% good × 1.22 allocation
- $3,900
Fireplaces (2)listing
$5,300 new × 60% good × 1.22 allocation
- $8,800
Septic systemlisting
$12,000 new × 60% good × 1.22 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $69,000 | $48,700 | $400 | $118,100 |
| 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 | $359,000 | $359,000 |
| Total | $69,000 | $48,700 | $400,500 | $518,200 |
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: 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.