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Moreland Dr Lot 639

Moreland Dr Lot 639

Blue Ridge, GA 30513

$485,000

2 bd · 2 ba · 1,102 sqft · Listed 69d ago

View on Realtor.com →
Est. land %

Year built

2026

Sqft

1,102

Lot sqft

46,609

HOA / mo

None

Furnished

No

List date

2026-09-04T13:27:30.000000Z

Revenue

Annual revenue

$44,095

ADR

$172

Occupancy

70%

Cleaning fees (12 mo)

$8,548

Confidence

High (73.53), 24 comps

Comp revenue range (p25 / median / p75)

$41,234$42,870$47,955

Median revenue of shown comps: $42,870

  • Bunny's Bungalow- Pet Friendly, Hot Tub, Grill

    Cabin · 2 bd · 2 ba · sleeps 4 · 499 ft

    Revenue $41,603ADR $129Occ ≈ 88%5★ (21)

    Airbnb

  • Relaxing Cabin Escape: Views, Firepit & Fireplace

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.1 mi

    Revenue $45,880ADR $0Occ ≈ —4.8★ (82)

    AirbnbBooking

  • 5-star cabin|A+mtn view|modern|mins to BR|hot tub

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.1 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +3

    Revenue $60,452ADR $263Occ ≈ 63%5★ (117)

    AirbnbVrbo

  • Blue Ridge Log Cabin | Firepit · Screened Porch

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

    • A/C
    • Free parking
    • Pets OK
    • Wifi
    • +3

    Revenue $43,169ADR $180Occ ≈ 66%5★ (43)

    AirbnbVrboBooking

  • Modern | Hot Tub | FirePit | EV Charge | Egg Grill

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.2 mi

    Revenue $48,920ADR $224Occ ≈ 60%5★ (219)

    Delisted

  • Absolute Relaxation: Hot Tub & Firepit

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

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

    Revenue $45,634ADR $240Occ ≈ 52%4.8★ (72)

    AirbnbVrboBooking

  • Blue Ridge AliJay Cabin With Mountain View

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.5 mi

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

    Revenue $24,572ADR $151Occ ≈ 45%5★ (163)

    AirbnbVrbo

  • Relax in the Blue Ridge TreeTops - Paved Road to Cabin!

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.5 mi

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

    Revenue $47,423ADR $194Occ ≈ 67%5★ (382)

    Vrbo

  • Magical Mountain View - A tree house feel

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

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

    Revenue $69,689ADR $244Occ ≈ 78%5★ (407)

    AirbnbVrbo

  • Up, Up and Away has hot tub and firepit, Mt View

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

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

    Revenue $41,336ADR $261Occ ≈ 43%4.8★ (85)

    AirbnbVrboBooking

Show 14 more
  • Cozy 2-bedroom, one bath true cabin in amazing Blue Ridge mountains.with Wi Ac

    Cabin · 2 bd · 1 ba · sleeps 5 · 0.6 mi

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

    Revenue $20,185ADR $136Occ ≈ 41%5★ (42)

    Vrbo

  • Dog Friendly - Hot Tub & Mtn Views - Close to BR

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

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

    Revenue $48,050ADR $215Occ ≈ 61%4.9★ (95)

    AirbnbVrbo

  • Lofty Vista-Beautiful Mt View, Hot Tub, Easy Drive

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

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +3

    Revenue $40,927ADR $247Occ ≈ 45%4.8★ (31)

    AirbnbVrboBooking

  • Running Bear Lodge

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

    • Hot tub
    • A/C
    • Wifi
    • Kitchen
    • +3

    Revenue $51,063ADR $192Occ ≈ 73%5★ (33)

    Airbnb

  • Unplug, Unwind, and Enjoy –Hot Tub & Fire Pit

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

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +3

    Revenue $42,341ADR $188Occ ≈ 62%5★ (134)

    AirbnbVrboBooking

  • Amazing Grace - Mountain Retreat

    Cabin · 2 bd · 3 ba · sleeps 6 · 0.7 mi

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

    Revenue $24,519ADR $219Occ ≈ 31%4.9★ (107)

    AirbnbVrboBooking

  • Modern Mountain Living - Treetop Fireplace

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

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

    Revenue $37,601ADR $152Occ ≈ 68%5★ (284)

    AirbnbVrbo

  • Witzy Woods: Modern, Private & Cozy Cabin

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

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

    Revenue $41,926ADR $217Occ ≈ 53%5★ (89)

    AirbnbVrbo

  • Lil' Slice of Heaven-Pet Friendly, Hot Tub,Firepit

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

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

    Revenue $52,558ADR $263Occ ≈ 55%5★ (13)

    AirbnbVrboBooking

  • SkyView – Blue Ridge Mountain Hideaway

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

    Revenue $42,570ADR $250Occ ≈ 47%5★ (4)

    AirbnbVrbo

  • Broken Arrow-HotTub, Screened Porch, Hiking Trails

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

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +3

    Revenue $42,510ADR $336Occ ≈ 35%4.3★ (18)

    AirbnbVrboBooking

  • Holly Hollow | No Pet Fees | Sleeps 4 ADULT ONLY | Hot Tub

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

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

    Revenue $44,462ADR $232Occ ≈ 53%4.9★ (83)

    Vrbo

  • Sunset Treehouse - Blue Ridge

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

    Revenue $47,923ADR $279Occ ≈ 47%5★ (159)

    AirbnbVrbo

  • Cozy Cabin near Blue Ridge Georgia

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.8 mi

    Revenue $22,498ADR $145Occ ≈ 43%5★ (80)

    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

Est. revenue

$44,095

NOI

$18,382

Cash flow /mo

$1,532

Cash needed

$520,400

Cash-on-cash (all cash)

3.5%

ROE (yr 1)

6.3%

Cap rate

3.8%

DSCR

—

Year-1 write-off

$110,024

Year-1 tax shield @ 32%

$35,208

Year-1 return on equity

  • Cash flow (annual)$18,382
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$14,550
ROE6.3%

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)$8,819
  • Platform fees (3% of revenue)$1,323
  • Maintenance / capex (5% of revenue)$2,205
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$3,929
  • Insurance (STR-rated)$5,238

Cash needed to close

  • Purchase price (all cash)$485,000
  • Closing costs (4.0%)$19,400
  • Furnishing (bought new)$16,000

Tax savings if the STR loophole applies

  • Tax shield @ 32%$35,208

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

$412,000

Short-life (5/15-yr)

$93,000 · 23%

Year-1 deduction

$110,000

Year-1 tax shield @ 32%

$35,000

Land 15% (market default, no usable tax-record split) · building $319,000 over 39 years · new furniture $16,000

Based on: 1,102 sq ft, built 2026, 2 bd / 2 ba, unfurnished, listing features (fireplace, flooring types, septic, wooded lot).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $76,000 in year 1 (14% short-life, $24,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$86,700
  • Kitchen cabinetsdefault

    $8,200 new × 100% good × 1.80 allocation

    $14,800
  • Kitchen countertopsdefault

    $6,700 new × 100% good × 1.80 allocation

    $12,100
  • Decorative trimdefault

    $1,900 new × 100% good × 1.80 allocation

    $3,500
  • Mirrorsdefault

    $300 new × 100% good × 1.80 allocation

    $500
  • Shelvingdefault

    $900 new × 100% good × 1.80 allocation

    $1,600
  • Window coverings (11)default

    $2,800 new × 100% good × 1.80 allocation

    $5,000
  • Kitchen & laundry equipment plumbingdefault

    $6,400 new × 100% good × 1.80 allocation

    $11,500
  • Kitchen, laundry & data equipment electricaldefault

    $3,900 new × 100% good × 1.80 allocation

    $7,000
  • Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default

    $8,100 new × 100% good × 1.80 allocation

    $14,600
  • Furniture bought newlisting

    $16,000 new × 100% good · bought separately

    $16,000
15-year land improvements$22,300
  • Paving: driveway & walks (paved)default

    $6,900 new × 100% good × 1.80 allocation

    $12,400
  • Landscaping (minimal)listing

    $3,300 new × 100% good × 1.80 allocation

    $6,000
  • Patiosdefault

    $1,100 new × 100% good × 1.80 allocation

    $2,000
  • Decks & porches (attached)default

    $1,100 new × 100% good × 1.80 allocation

    $2,000
Building, 39-year$319,300
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $119,200 new × 100% good × 1.80 allocation

    $215,100
  • Building plumbing & fixturesdefault

    $12,300 new × 100% good × 1.80 allocation

    $22,300
  • Building electrical & lightingdefault

    $11,200 new × 100% good × 1.80 allocation

    $20,300
  • HVACdefault

    $12,400 new × 100% good × 1.80 allocation

    $22,400
  • Hardwood & tile floorsdefault

    $7,100 new × 100% good × 1.80 allocation

    $12,800
  • Fireplacelisting

    $2,600 new × 100% good × 1.80 allocation

    $4,700
  • Septic systemlisting

    $12,000 new × 100% good × 1.80 allocation

    $21,700

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$86,700$22,300$1,000$110,000
2$0$0$8,200$8,200
3$0$0$8,200$8,200
4$0$0$8,200$8,200
5$0$0$8,200$8,200
6+$0$0$285,500$285,500
Total$86,700$22,300$319,300$428,300

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.