93 Elmwood Cir
Ellijay, GA 30540
$579,900
3 bd · 2 ba · Listed 55d ago
View on Realtor.com →Year built
2026
Sqft
—
Lot sqft
23,087
HOA / mo
None
Furnished
No
List date
2026-09-18T13:11:55.000000Z
Revenue
Annual revenue
$33,275
ADR
$199
Occupancy
46%
Cleaning fees (12 mo)
$7,754
Confidence
Low (29.12), 36 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $26,696
Wander and Wine - Ellijay Escape
House · 3 bd · 2 ba · sleeps 6 · 0.2 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +3
Revenue $43,279ADR $196Occ ≈ 60%5★ (37)
Resort Cabin w/Hot Tub, Firepit Mins to DT Ellijay
Cabin · 3 bd · 3 ba · sleeps 8 · 0.2 mi
Revenue $7,273ADR $421Occ ≈ 5%5★ (62)
Resort cabin, close to gate, hot tub, fenced yard
Cabin · 3 bd · 2 ba · sleeps 7 · 0.2 mi
Revenue $36,743ADR $271Occ ≈ 37%4.9★ (179)
Cozy cabin w/ outdoor deck and access to Coosawattee Resort amenities
Cabin · 3 bd · 3 ba · sleeps 8 · 0.4 mi
Revenue $7,517ADR $309Occ ≈ 7%5★ (1)
Delisted
| 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 | $38,637 | $210 | 50% | 5★ (85) | 0.1 mi | AirbnbVrbo |
Cabin w/Hot Tub, Sauna, Firepits, Resort Amenities House
| 3 bd · 3 ba · sleeps 8 | $66,080 | $317 | 57% | 5★ (39) | 0.2 mi | AirbnbVrbo |
Wander and Wine - Ellijay Escape House
| 3 bd · 2 ba · sleeps 6 | $43,279 | $196 | 60% | 5★ (37) | 0.2 mi | Airbnb |
Resort Cabin w/Hot Tub, Firepit Mins to DT Ellijay Cabin | 3 bd · 3 ba · sleeps 8 | $7,273 | $421 | 5% | 5★ (62) | 0.2 mi | Airbnb |
Resort cabin, close to gate, hot tub, fenced yard Cabin | 3 bd · 2 ba · sleeps 7 | $36,743 | $271 | 37% | 4.9★ (179) | 0.2 mi | Airbnb |
Beautiful Light-Filled Cabin in Ellijay w/Fire Pit Cabin
| 3 bd · 2.5 ba · sleeps 6 | $33,396 | $188 | 49% | 4.9★ (81) | 0.3 mi | AirbnbVrbo |
3 BR home with outdoor deck and serene views Cabin
| 3 bd · 3 ba · sleeps 8 | $2,730 | $273 | 3% | — | 0.3 mi | AirbnbVrboBooking |
Cozy cabin w/ outdoor deck and access to Coosawattee Resort amenities Cabin | 3 bd · 3 ba · sleeps 8 | $7,517 | $309 | 7% | 5★ (1) | 0.4 mi | Delisted |
Riverfront, Hot Tub! Coosawattee River Resort Home House
| 3 bd · 3 ba · sleeps 8 | $34,296 | $322 | 29% | 5★ (13) | 0.4 mi | AirbnbVrboBooking |
Modern cabin retreat in Coosawattee river resort Cabin
| 3 bd · 2 ba · sleeps 7 | $44,241 | $265 | 46% | 5★ (30) | 0.4 mi | AirbnbVrbo |
Show 24 more
Maple Summit Ellijay
Cabin · 3 bd · 3 ba · sleeps 8 · 0.5 mi
- Hot tub
- Pool
- A/C
- Wifi
- +4
Revenue $3,184ADR $318Occ ≈ 3%5★ (1)
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 $28,871ADR $250Occ ≈ 32%5★ (16)
3 Bedroom Lodge
Villa · 3 bd · 2 ba · sleeps 6 · 0.5 mi
Revenue $800ADR $266Occ ≈ 1%—
Delisted
Whitetail River Retreat
Cabin · 3 bd · 2 ba · sleeps 6 · 0.6 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +2
Revenue $13,846ADR $411Occ ≈ 9%—
Dreamy wooded escape w/2 decks, resort access, WiFi, gas grills, hot tub/pool
Cabin · 3 bd · 3 ba · sleeps 8 · 0.6 mi
Revenue $15,641ADR $212Occ ≈ 20%4.5★ (20)
Empress Tree Lodge - HotTub/Sauna/FirePit/Sleeps10
House · 3 bd · 3 ba · sleeps 10 · 0.6 mi
Revenue $29,859ADR $330Occ ≈ 25%4.8★ (27)
4 Mi to Dtwn Ellijay: Cabin w/ Pool & River Access
Vacation home · 3 bd · 2 ba · sleeps 8 · 0.7 mi
Revenue $11,824ADR $165Occ ≈ 20%—
Cabin at Coosawattee River Resort with private hot tub, pool & river access
Cabin · 3 bd · 3 ba · sleeps 8 · 0.7 mi
Revenue $19,131ADR $294Occ ≈ 18%4.9★ (14)
Delisted
Cozy Blue Ridge Cabin • Firepit • Near Orchards
Cabin · 3 bd · 2 ba · sleeps 8 · 0.7 mi
Revenue $8,717ADR $198Occ ≈ 12%5★ (3)
New Listing: Secluded Heavenly Views 3 Bedroom, 2.
Cabin · 3 bd · 2.5 ba · sleeps 7 · 0.7 mi
Revenue $14,302ADR $361Occ ≈ 11%—
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 $34,905ADR $175Occ ≈ 55%4.9★ (126)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Hardwood Hideaway Stay House
| 3 bd · 2 ba · sleeps 7 | $14,143 | $170 | 23% | 4.8★ (52) | 0.4 mi | AirbnbVrbo |
Maple Summit Ellijay Cabin
| 3 bd · 3 ba · sleeps 8 | $3,184 | $318 | 3% | 5★ (1) | 0.5 mi | Airbnb |
Relaxing River Retreat on the river hot tub, firep Cabin
| 3 bd · 2 ba · sleeps 6 | $39,136 | $318 | 34% | 4.5★ (32) | 0.5 mi | AirbnbVrbo |
Riverfront Cabin w/ Hot-tub, peaceful escape Cabin
| 3 bd · 2.5 ba · sleeps 7 | $28,871 | $250 | 32% | 5★ (16) | 0.5 mi | Airbnb |
3 Bedroom Lodge Villa | 3 bd · 2 ba · sleeps 6 | $800 | $266 | 1% | — | 0.5 mi | Delisted |
Amazing View / Sunset / Hot Tub / Covered Deck Cabin
| 3 bd · 3 ba · sleeps 8 | $69,277 | $256 | 74% | 5★ (140) | 0.5 mi | AirbnbVrbo |
Cozy Blue Ridge Cabin w/ River Access & Fire Pit Cabin
| 3 bd · 2 ba · sleeps 6 | $45,106 | $209 | 59% | 4.8★ (198) | 0.5 mi | AirbnbVrboBooking |
Riverfront Cabin w/ Screened Gazebo & EV Charger Cabin
| 3 bd · 2 ba · sleeps 6 | $36,078 | $224 | 44% | 5★ (55) | 0.6 mi | AirbnbVrboBooking |
Whitetail River Retreat Cabin
| 3 bd · 2 ba · sleeps 6 | $13,846 | $411 | 9% | — | 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 | $15,641 | $212 | 20% | 4.5★ (20) | 0.6 mi | Booking |
Ellijay Cabin w/ Game Rm + Fire Pit | Dog-Friendly Cabin
| 3 bd · 3 ba · sleeps 8 | $24,520 | $299 | 22% | 5★ (38) | 0.6 mi | AirbnbVrbo |
Empress Tree Lodge - HotTub/Sauna/FirePit/Sleeps10 House | 3 bd · 3 ba · sleeps 10 | $29,859 | $330 | 25% | 4.8★ (27) | 0.6 mi | Airbnb |
Deer Haven-Hot Tub • Game Room • Outdoor Fireplace Cabin
| 3 bd · 3 ba · sleeps 6 | $33,750 | $262 | 35% | 5★ (13) | 0.7 mi | AirbnbVrbo |
Deer Haven Getaways - Resort Access Cabin
| 3 bd · 3 ba · sleeps 8 | $10,513 | $228 | 13% | 4.7★ (46) | 0.7 mi | AirbnbVrbo |
4 Mi to Dtwn Ellijay: Cabin w/ Pool & River Access Vacation home | 3 bd · 2 ba · sleeps 8 | $11,824 | $165 | 20% | — | 0.7 mi | Booking |
Bucks Bear Lodge - Recharge in a Riverside Resort Cabin
| 3 bd · 3 ba · sleeps 8 | $47,329 | $350 | 37% | 4.9★ (22) | 0.7 mi | AirbnbVrboBooking |
Cabin at Coosawattee River Resort with private hot tub, pool & river access Cabin | 3 bd · 3 ba · sleeps 8 | $19,131 | $294 | 18% | 4.9★ (14) | 0.7 mi | Delisted |
Cozy Blue Ridge Cabin • Firepit • Near Orchards Cabin | 3 bd · 2 ba · sleeps 8 | $8,717 | $198 | 12% | 5★ (3) | 0.7 mi | Airbnb |
New Listing: Secluded Heavenly Views 3 Bedroom, 2. Cabin | 3 bd · 2.5 ba · sleeps 7 | $14,302 | $361 | 11% | — | 0.7 mi | Airbnb |
Ellijay Escape: Hike, Shop, Explore & More! Cabin
| 3 bd · 2.5 ba · sleeps 8 | $14,049 | $187 | 21% | 4.4★ (13) | 0.7 mi | AirbnbVrboBooking |
Rustic Retreat - Paradise Found Cabin
| 3 bd · 2.5 ba · sleeps 8 | $17,903 | $168 | 29% | 5★ (4) | 0.7 mi | AirbnbVrboBooking |
Beautiful Private Getaway Fireplace HotTub Rocking Chair Porch Resort Amenities Cabin
| 3 bd · 2 ba · sleeps 6 | $34,905 | $175 | 55% | 4.9★ (126) | 0.7 mi | Vrbo |
A Harmony Of Coziness & Charm~ Fire pit, Workspace Cabin
| 3 bd · 1.5 ba · sleeps 6 | $46,665 | $180 | 71% | 5★ (32) | 0.7 mi | AirbnbVrboBooking |
Copper Lantern Stays Cabin
| 3 bd · 3 ba · sleeps 8 | $1,055 | $218 | 1% | 4.5★ (17) | 0.8 mi | AirbnbVrboBooking |
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
Rate 7.93% = 7.18% Freddie Mac 30-yr avg (Nov 5) + 0.75% investor premium
Est. revenue
$33,275
NOI
$8,798
Cash flow /mo
-$2,437
Cash needed
$187,671
Cash-on-cash
-15.6%
ROE (yr 1)
-4.3%
Cap rate
1.5%
DSCR
0.23
Year-1 write-off
$111,841
Year-1 tax shield @ 32%
$35,789
Year-1 return on equity
- Cash flow (annual)-$29,244
- Principal paydown$3,684
- Appreciation at%$17,397
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)$6,655
- Platform fees (3% of revenue)$998
- Maintenance / capex (5% of revenue)$1,664
- Utilities & supplies$4,200
- HOA$0
- Property tax$4,697
- Insurance (STR-rated)$6,263
Cash needed to close
- Down payment (25%)$144,975
- Closing costs (4.0%)$23,196
- Furnishing (bought new)$19,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$35,789
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
$493,000
Short-life (5/15-yr)
$91,000 · 18%
Year-1 deduction
$112,000
Year-1 tax shield @ 32%
$36,000
Land 15% (market default, no usable tax-record split) · building $402,000 over 39 years · new furniture $20,000
Based on: ~1,900 sq ft (from beds), built 2026, 3 bd / 2 ba, unfurnished, listing features (fireplace, flooring types, appliance list, septic).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $78,000 in year 1 (12% short-life, $25,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $13,500
Kitchen cabinetsdefault
$10,000 new × 100% good × 1.35 allocation
- $11,000
Kitchen countertopsdefault
$8,200 new × 100% good × 1.35 allocation
- $4,500
Decorative trimdefault
$3,300 new × 100% good × 1.35 allocation
- $400
Mirrorsdefault
$300 new × 100% good × 1.35 allocation
- $1,600
Shelvingdefault
$1,200 new × 100% good × 1.35 allocation
- $6,400
Window coverings (19)default
$4,800 new × 100% good × 1.35 allocation
- $10,500
Kitchen & laundry equipment plumbingdefault
$7,800 new × 100% good × 1.35 allocation
- $6,300
Kitchen, laundry & data equipment electricaldefault
$4,700 new × 100% good × 1.35 allocation
- $7,700
Appliances (range, microwave, dishwasher, refrigerator)listing
$5,700 new × 100% good × 1.35 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $12,200
Paving: driveway & walks (paved)listing
$9,000 new × 100% good × 1.35 allocation
- $11,800
Landscaping (typical)default
$8,700 new × 100% good × 1.35 allocation
- $2,500
Patiosdefault
$1,900 new × 100% good × 1.35 allocation
- $2,500
Decks & porches (attached)default
$1,900 new × 100% good × 1.35 allocation
- $278,800
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$206,100 new × 100% good × 1.35 allocation
- $28,900
Building plumbing & fixturesdefault
$21,400 new × 100% good × 1.35 allocation
- $28,900
Building electrical & lightingdefault
$21,400 new × 100% good × 1.35 allocation
- $29,000
HVACdefault
$21,400 new × 100% good × 1.35 allocation
- $16,500
Hardwood & tile floorsdefault
$12,200 new × 100% good × 1.35 allocation
- $3,600
Fireplacelisting
$2,600 new × 100% good × 1.35 allocation
- $16,200
Septic systemlisting
$12,000 new × 100% good × 1.35 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $81,500 | $29,100 | $1,300 | $111,800 |
| 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 | $359,400 | $359,400 |
| Total | $81,500 | $29,100 | $401,900 | $512,400 |
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.