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Rate 7.93% = 7.18% Freddie Mac 30-yr avg (Nov 5) + 0.75% investor premium

1100 Zenith Trl

1100 Zenith Trl

Ellijay, GA 30540

$379,900

2 bd · 2 ba · 1,092 sqft · Listed 49d ago

View on Realtor.com →
Low confidenceEst. land %Negative cash flow

Year built

2023

Sqft

1,092

Lot sqft

—

HOA / mo

None

Furnished

Yes

List date

2026-09-24T14:39:18.000000Z

Revenue

Annual revenue

$32,673

ADR

$202

Occupancy

44%

Cleaning fees (12 mo)

$7,626

Confidence

Low (18.15), 25 comps

Comp revenue range (p25 / median / p75)

$7,555$21,111$40,510

Median revenue of shown comps: $21,111

  • River View Getaway by 2DC

    House · 2 bd · 2 ba · sleeps 4 · 13 ft

    • Pool
    • A/C
    • Free parking
    • Wifi
    • +3

    Revenue $36,345ADR $212Occ ≈ 47%5★ (100)

    AirbnbVrboBooking

  • Mountain Romance - Hot Tub - River Walk

    House · 2 bd · 2 ba · sleeps 4 · 446 ft

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

    Revenue $14,114ADR $243Occ ≈ 16%5★ (13)

    AirbnbVrboBooking

  • Riverside! Bring Your Pups+ Hot Tub+Firepit+COMFY

    Cabin · 2 bd · 2 ba · sleeps 5 · 512 ft

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +6

    Revenue $23,249ADR $306Occ ≈ 21%5★ (113)

    AirbnbVrbo

  • Ellijay Luxury Family Glamper! Indoor pool & deer

    Tiny house · 2 bd · 1 ba · sleeps 4 · 0.2 mi

    Revenue $22,411ADR $579Occ ≈ 11%4.8★ (28)

    Delisted

  • Moon River | Ellijay, GA

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

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

    Revenue $53,127ADR $335Occ ≈ 43%4.8★ (36)

    AirbnbVrbo

  • Deer River Retreat | Waterfront in Coosawattee

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

    • Hot tub
    • Pool
    • A/C
    • Pets OK
    • +5

    Revenue $55,317ADR $265Occ ≈ 57%4.8★ (123)

    AirbnbVrbo

  • River Front House in Ellijay

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.4 mi

    • Pool
    • A/C
    • Free parking
    • Pets OK
    • +4

    Revenue $40,510ADR $195Occ ≈ 57%4.7★ (219)

    AirbnbVrbo

  • Cabin Zen. Riverfront. Hot Tub. Arcades. Sleeps 8+

    Cabin · 2 bd · 3 ba · sleeps 8 · 0.4 mi

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

    Revenue $57,721ADR $334Occ ≈ 47%4.8★ (45)

    AirbnbVrboBooking

  • Care Bears Cottage

    Camper/RV · 2 bd · 1 ba · sleeps 5 · 0.4 mi

    • Pool
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $1,435ADR $128Occ ≈ 3%4.8★ (12)

    Airbnb

  • On River Time

    House · 2 bd · 2 ba · sleeps 4 · 0.4 mi

    • Pool
    • A/C
    • Free parking
    • Pets OK
    • +4

    Revenue $21,111ADR $108Occ ≈ 54%4.8★ (105)

    AirbnbVrbo

Show 15 more
  • Rustic Elegance of Ellijay

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.4 mi

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

    Revenue $1,667ADR $238Occ ≈ 2%4.8★ (33)

    AirbnbVrbo

  • Riverfront Cabin- Hot Tub +Firepit +Apple Orchards

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.4 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +5

    Revenue $56,770ADR $269Occ ≈ 58%5★ (131)

    AirbnbVrbo

  • Killin Time River Cabin

    Cabin · 2 bd · 2 ba · sleeps 7 · 0.5 mi

    Revenue $8,357ADR $0Occ ≈ —5★ (24)

    Airbnb

  • Cabin River Retreat / Hot Tub / Blue Ridge Mtns

    Cabin · 2 bd · 2 ba · sleeps 8 · 0.5 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +5

    Revenue $52,071ADR $274Occ ≈ 52%5★ (51)

    AirbnbVrboBooking

  • Saxonville Lodgehouse

    Farm stay · 2 bd · 1.5 ba · sleeps 7 · 0.5 mi

    • Pool
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $4,158ADR $113Occ ≈ 10%4.9★ (10)

    AirbnbVrbo

  • Relax camping in the mountains!

    Camper/RV · 2 bd · 1 ba · sleeps 5 · 0.5 mi

    Revenue $2,433ADR $172Occ ≈ 4%5★ (8)

    Delisted

  • Riverfront Cabin/Hot Tub/Secluded w/Resort Amenity

    Cabin · 2 bd · 2 ba · sleeps 5 · 0.5 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +5

    Revenue $59,416ADR $235Occ ≈ 69%5★ (239)

    AirbnbVrbo

  • Riverfront Cottage In The Coosawattee Resort.

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.5 mi

    • Pool
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $15,764ADR $246Occ ≈ 18%5★ (8)

    AirbnbVrboBooking

  • Modern Cabin, Forest Deck and Deer Everywhere

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.6 mi

    • Pool
    • A/C
    • Pets OK
    • Wifi
    • +4

    Revenue $28,199ADR $254Occ ≈ 30%5★ (1)

    AirbnbVrbo

  • Peaceful home, large hot tub, deer sightings

    House · 2 bd · 2 ba · sleeps 6 · 0.6 mi

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

    Revenue $15,684ADR $279Occ ≈ 15%4.9★ (48)

    AirbnbVrbo

  • Cedar & Pine River Cabin

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.6 mi

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

    Revenue $4,201ADR $168Occ ≈ 7%5★ (4)

    AirbnbVrbo

  • NEW! Slow Forest Cabin Blue Ridge | Deer Sun Rest

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.6 mi

    • Pool
    • A/C
    • Free parking
    • Pets OK
    • +4

    Revenue $22,310ADR $221Occ ≈ 28%5★ (20)

    Airbnb

  • Otto Ellijay | Modern Home in the Woods

    House · 2 bd · 1 ba · sleeps 4 · 0.7 mi

    • A/C
    • Free parking
    • Wifi
    • Kitchen

    Revenue $15,582ADR $238Occ ≈ 18%5★ (18)

    Airbnb

  • Dream Ridge | Ellijay, GA

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

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

    Revenue $7,555ADR $314Occ ≈ 7%5★ (4)

    Vrbo

  • Very Private, Quiet Cabin With A Mountain View

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.7 mi

    Revenue $3,924ADR $275Occ ≈ 4%4.8★ (71)

    Delisted

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
Term

Rate 7.93% = 7.18% Freddie Mac 30-yr avg (Nov 5) + 0.75% investor premium

Est. revenue

$32,673

NOI

$12,144

Cash flow /mo

-$1,065

Cash needed

$110,171

Cash-on-cash

-11.6%

ROE (yr 1)

0.9%

Cap rate

3.2%

DSCR

0.49

Year-1 write-off

$87,959

Year-1 tax shield @ 32%

$28,147

Year-1 return on equity

  • Cash flow (annual)-$12,777
  • Principal paydown$2,413
  • Appreciation at%$11,397
ROE0.9%

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)$6,535
  • Platform fees (3% of revenue)$980
  • Maintenance / capex (5% of revenue)$1,634
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$3,077
  • Insurance (STR-rated)$4,103

Cash needed to close

  • Down payment (25%)$94,975
  • Closing costs (4.0%)$15,196
  • Furnishing (conveyed with the sale)$0

Tax savings if the STR loophole applies

  • Tax shield @ 32%$28,147

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

$324,000

Short-life (5/15-yr)

$87,000 · 27%

Year-1 deduction

$88,000

Year-1 tax shield @ 32%

$28,000

Land 15% (market default, no usable tax-record split) · building $237,000 over 39 years

Based on: 1,092 sq ft, built 2023, 2 bd / 2 ba, furnished, listing features (game room, fireplace, flooring types, appliance list, septic).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $63,000 in year 1 (19% short-life, $20,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$66,600
  • Kitchen cabinetsdefault

    $8,200 new × 88% good × 1.51 allocation

    $10,900
  • Kitchen countertopsdefault

    $6,700 new × 88% good × 1.51 allocation

    $8,900
  • Decorative trimdefault

    $1,900 new × 88% good × 1.51 allocation

    $2,500
  • Mirrorsdefault

    $300 new × 75% good × 1.51 allocation

    $300
  • Shelvingdefault

    $900 new × 88% good × 1.51 allocation

    $1,200
  • Window coverings (11)default

    $2,800 new × 70% good × 1.51 allocation

    $2,900
  • Carpet, vinyl & laminate (100% of floors)listing

    $7,000 new × 75% good × 1.51 allocation

    $7,900
  • Kitchen & laundry equipment plumbingdefault

    $6,400 new × 94% good × 1.51 allocation

    $9,000
  • Kitchen, laundry & data equipment electricaldefault

    $3,900 new × 94% good × 1.51 allocation

    $5,500
  • Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing

    $7,700 new × 75% good × 1.51 allocation

    $8,700
  • Furniture conveyed with the sale (used)listing

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

    $6,400
  • Game-room equipment (used)listing

    $6,000 new × 40% good · out of the price

    $2,400
15-year land improvements$20,600
  • Paving: driveway & walks (paved)default

    $6,900 new × 88% good × 1.51 allocation

    $9,100
  • Landscaping (typical)default

    $6,600 new × 88% good × 1.51 allocation

    $8,700
  • Patiosdefault

    $1,100 new × 88% good × 1.51 allocation

    $1,400
  • Decks & porches (attached)default

    $1,100 new × 85% good × 1.51 allocation

    $1,400
Building, 39-year$237,000
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $118,100 new × 95% good × 1.51 allocation

    $168,900
  • Building plumbing & fixturesdefault

    $12,200 new × 94% good × 1.51 allocation

    $17,300
  • Building electrical & lightingdefault

    $11,100 new × 94% good × 1.51 allocation

    $15,700
  • HVACdefault

    $12,300 new × 85% good × 1.51 allocation

    $15,700
  • Fireplacelisting

    $2,600 new × 88% good × 1.51 allocation

    $3,500
  • Septic systemlisting

    $12,000 new × 88% good × 1.51 allocation

    $15,900

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$66,600$20,600$800$88,000
2$0$0$6,100$6,100
3$0$0$6,100$6,100
4$0$0$6,100$6,100
5$0$0$6,100$6,100
6+$0$0$212,000$212,000
Total$66,600$20,600$237,000$324,200

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.