590 Zenith Trl

Ellijay, GA 30540

$629,777

4 bd · 3 ba · 3,000 sqft · Listed 7d ago

View on Realtor.com →

Year built

2021

Sqft

3,000

Lot sqft

15,682

HOA / mo

$99

Furnished

List date

2026-11-05T16:10:16.000000Z

Revenue

Annual revenue

$46,885

ADR

$280

Occupancy

46%

Cleaning fees (12 mo)

$9,596

Confidence

Low (43.02), 24 comps

Comp revenue range (p25 / median / p75)

$23,869$36,511$49,205

Median revenue of shown comps: $46,564

Rivershire Cottage | Ellyjay, GA
Cabin · 4 bd · 2.5 ba · sleeps 12 · 0.2 mi
Revenue $46,063ADR $606Occ ≈ 21%5★ (45)
Airbnb
2800sqf Forest Retreat|8min to city|Firepit|Hottub
Cabin · 4 bd · 2 ba · sleeps 12 · 0.2 mi
- Hot tub
- Pool
- A/C
- Free parking
- +7
Revenue $65,642ADR $325Occ ≈ 55%5★ (172)
Airbnb Vrbo Booking
Riverfront Escape | Hot Tub • Game Room • Fire Pit
House · 4 bd · 3.5 ba · sleeps 10 · 0.3 mi
- Hot tub
- A/C
- Pets OK
- Wifi
- +5
Revenue $39,124ADR $500Occ ≈ 21%4.8★ (10)
Airbnb Vrbo Booking
Cool off in the River, or the Community pool.
Cabin · 4 bd · 3.5 ba · sleeps 10 · 0.3 mi
Revenue $47,064ADR $309Occ ≈ 42%4.6★ (103)
Airbnb
Walk to River! Fishing! Deck Firepit & Games!
Cabin · 4 bd · 3.5 ba · sleeps 9 · 0.4 mi
- Pool
- A/C
- Free parking
- Pets OK
- +6
Revenue $72,012ADR $294Occ ≈ 67%5★ (96)
Airbnb Vrbo
Mountain River Lodge | River View Cabin in Ellijay
Cabin · 4 bd · 3 ba · sleeps 10 · 0.4 mi
- Hot tub
- Pool
- A/C
- Pets OK
- +5
Revenue $71,579ADR $419Occ ≈ 47%4.9★ (60)
Airbnb Vrbo
Fish Trap Retreat | Riverfront Escape
House · 4 bd · 3.5 ba · sleeps 10 · 0.4 mi
- Hot tub
- Pool
- A/C
- Pets OK
- +5
Revenue $12,320ADR $448Occ ≈ 8%—
Airbnb Vrbo
Riverside Cabin/ Hot Tub/ Game room / Fishing
Cabin · 4 bd · 3 ba · sleeps 11 · 0.5 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +5
Revenue $55,627ADR $343Occ ≈ 44%4.9★ (89)
Airbnb Vrbo
Serene Riverfront Escape in Ellijay, Georgia!
Cabin · 4 bd · 4 ba · sleeps 10 · 0.5 mi
- Pool
- A/C
- Free parking
- Pets OK
- +3
Revenue $91,715ADR $348Occ ≈ 72%5★ (158)
Airbnb Vrbo Booking
Deer Run Retreat Stay
Cabin · 4 bd · 3 ba · sleeps 12 · 0.5 mi
- Pool
- A/C
- Wifi
- Kitchen
- +3
Revenue $36,657ADR $321Occ ≈ 31%4.4★ (80)
Airbnb Vrbo Booking

Listing	Size	Revenue (12 mo)	ADR	Occ ≈	Rating	Distance	Links
Rivershire Cottage \| Ellyjay, GA Cabin	4 bd · 2.5 ba · sleeps 12	$46,063	$606	21%	5★ (45)	0.2 mi	Airbnb
2800sqf Forest Retreat\|8min to city\|Firepit\|Hottub Cabin Hot tub Pool A/C Free parking +7	4 bd · 2 ba · sleeps 12	$65,642	$325	55%	5★ (172)	0.2 mi	Airbnb Vrbo Booking
Riverfront Escape \| Hot Tub • Game Room • Fire Pit House Hot tub A/C Pets OK Wifi +5	4 bd · 3.5 ba · sleeps 10	$39,124	$500	21%	4.8★ (10)	0.3 mi	Airbnb Vrbo Booking
Cool off in the River, or the Community pool. Cabin	4 bd · 3.5 ba · sleeps 10	$47,064	$309	42%	4.6★ (103)	0.3 mi	Airbnb
Walk to River! Fishing! Deck Firepit & Games! Cabin Pool A/C Free parking Pets OK +6	4 bd · 3.5 ba · sleeps 9	$72,012	$294	67%	5★ (96)	0.4 mi	Airbnb Vrbo
Mountain River Lodge \| River View Cabin in Ellijay Cabin Hot tub Pool A/C Pets OK +5	4 bd · 3 ba · sleeps 10	$71,579	$419	47%	4.9★ (60)	0.4 mi	Airbnb Vrbo
Fish Trap Retreat \| Riverfront Escape House Hot tub Pool A/C Pets OK +5	4 bd · 3.5 ba · sleeps 10	$12,320	$448	8%	—	0.4 mi	Airbnb Vrbo
Riverside Cabin/ Hot Tub/ Game room / Fishing Cabin Hot tub A/C Free parking Wifi +5	4 bd · 3 ba · sleeps 11	$55,627	$343	44%	4.9★ (89)	0.5 mi	Airbnb Vrbo
Serene Riverfront Escape in Ellijay, Georgia! Cabin Pool A/C Free parking Pets OK +3	4 bd · 4 ba · sleeps 10	$91,715	$348	72%	5★ (158)	0.5 mi	Airbnb Vrbo Booking
Deer Run Retreat Stay Cabin Pool A/C Wifi Kitchen +3	4 bd · 3 ba · sleeps 12	$36,657	$321	31%	4.4★ (80)	0.5 mi	Airbnb Vrbo Booking

Show 4 more

Buck Valley Lodge Home for 12
Cabin · 4 bd · 3 ba · sleeps 12 · 0.5 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +4
Revenue $20,452ADR $294Occ ≈ 19%4.9★ (111)
Airbnb Vrbo Booking
It`s 5 O`clock Somewhere
Cabin · 4 bd · 3 ba · sleeps 10 · 0.6 mi
Revenue $32,241ADR $217Occ ≈ 41%4.5★ (42)
Airbnb Booking
3 Kings, HotTub, Pool Table, Resort Pools
Cabin · 4 bd · 3 ba · sleeps 10 · 0.6 mi
Revenue $55,816ADR $267Occ ≈ 57%5★ (151)
Airbnb
Beautiful Bear Hugs Cabin 4BR/3 Bath, Pool table, FREE WIFI
Cabin · 4 bd · 3 ba · sleeps 12 · 0.7 mi
- Pool
- A/C
- Free parking
- Wifi
- +3
Revenue $16,511ADR $273Occ ≈ 17%4.8★ (192)
Vrbo

Listing	Size	Revenue (12 mo)	ADR	Occ ≈	Rating	Distance	Links
Buck Valley Lodge Home for 12 Cabin Hot tub A/C Free parking Wifi +4	4 bd · 3 ba · sleeps 12	$20,452	$294	19%	4.9★ (111)	0.5 mi	Airbnb Vrbo Booking
It`s 5 O`clock Somewhere Cabin	4 bd · 3 ba · sleeps 10	$32,241	$217	41%	4.5★ (42)	0.6 mi	Airbnb Booking
3 Kings, HotTub, Pool Table, Resort Pools Cabin	4 bd · 3 ba · sleeps 10	$55,816	$267	57%	5★ (151)	0.6 mi	Airbnb
Beautiful Bear Hugs Cabin 4BR/3 Bath, Pool table, FREE WIFI Cabin Pool A/C Free parking Wifi +3	4 bd · 3 ba · sleeps 12	$16,511	$273	17%	4.8★ (192)	0.7 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

Financing

Management

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

Est. revenue

$46,885

NOI

$18,526

Cash flow /mo

$1,544

Cash needed

$683,968

Cash-on-cash (all cash)

2.7%

ROE (yr 1)

5.5%

Cap rate

2.9%

DSCR

—

Year-1 write-off

$155,542

Year-1 tax shield @ 32%

$49,773

Year-1 return on equity

Cash flow (annual)$18,526
Principal paydown (n/a, cash)$0
Appreciation at%$18,893

ROE5.5%

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)$9,377
Platform fees (3% of revenue)$1,407
Maintenance / capex (5% of revenue)$2,344
Utilities & supplies$4,200
HOA$1,188
Property tax$3,042
Insurance (STR-rated)$6,802

Cash needed to close

Purchase price (all cash)$629,777
Closing costs (4.0%)$25,191
Furnishing (bought new)$29,000

Tax savings if the STR loophole applies

Tax shield @ 32%$49,773

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

$619,000

Short-life (5/15-yr)

$126,000 · 20%

Year-1 deduction

$156,000

Year-1 tax shield @ 32%

$50,000

Land 2% (county tax record, market value split) · building $493,000 over 39 years · new furniture $29,000

Based on: 3,000 sq ft, built 2021, 4 bd / 3 ba, unfurnished, listing features (hot tub, deck, patio, game room, fireplace, stone counters, flooring types, appliance list, septic).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $95,000 in year 1 (11% short-life, $30,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$91,100

Kitchen cabinetsdefault
$12,400 new × 80% good × 1.19 allocation
$11,700
Kitchen countertops (stone)listing
$12,700 new × 80% good × 1.19 allocation
$12,000
Decorative trimdefault
$5,300 new × 80% good × 1.19 allocation
$5,000
Mirrorsdefault
$500 new × 58% good × 1.19 allocation
$300
Shelvingdefault
$1,500 new × 80% good × 1.19 allocation
$1,400
Window coverings (30)default
$7,500 new × 50% good × 1.19 allocation
$4,400
Kitchen & laundry equipment plumbingdefault
$9,600 new × 90% good × 1.19 allocation
$10,300
Kitchen, laundry & data equipment electricaldefault
$5,800 new × 90% good × 1.19 allocation
$6,200
Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing
$7,700 new × 58% good × 1.19 allocation
$5,300
Hot tub (freestanding)listing
$9,000 new × 50% good × 1.19 allocation
$5,300
Furniture bought newlisting
$23,000 new × 100% good · bought separately
$23,000
Game-room equipment bought newlisting
$6,000 new × 100% good · bought separately
$6,000

15-year land improvements$64,000

Paving: driveway & walks (paved)default
$11,400 new × 80% good × 1.19 allocation
$10,800
Landscaping (typical)default
$10,900 new × 80% good × 1.19 allocation
$10,400
Patioslisting
$13,500 new × 80% good × 1.19 allocation
$12,800
Decks & porches (attached)listing
$33,800 new × 75% good × 1.19 allocation
$30,000

Building, 39-year$492,700

Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$325,800 new × 92% good × 1.19 allocation
$354,200
Building plumbing & fixturesdefault
$33,800 new × 90% good × 1.19 allocation
$36,100
Building electrical & lightingdefault
$35,300 new × 90% good × 1.19 allocation
$37,700
HVACdefault
$33,800 new × 75% good × 1.19 allocation
$30,100
Hardwood & tile floorsdefault
$19,300 new × 80% good × 1.19 allocation
$18,300
Fireplaces (2)listing
$5,300 new × 80% good × 1.19 allocation
$5,000
Septic systemlisting
$12,000 new × 80% good × 1.19 allocation
$11,400

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	$91,100	$64,000	$500	$155,500
2	$0	$0	$12,600	$12,600
3	$0	$0	$12,600	$12,600
4	$0	$0	$12,600	$12,600
5	$0	$0	$12,600	$12,600
6+	$0	$0	$441,700	$441,700
Total	$91,100	$64,000	$492,700	$647,700

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.