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Rate 8.15% = 7.40% Freddie Mac 30-yr avg (Oct 8) + 0.75% investor premium

53 Addle Trl

53 Addle Trl

Ellijay, GA 30540

$619,000

3 bd · 3 ba · 3,096 sqft · Listed today

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

Year built

2001

Sqft

3,096

Lot sqft

30,056

HOA / mo

None

Furnished

Yes

List date

2026-10-14T01:04:52.000000Z

Revenue

Annual revenue

$38,034

ADR

$269

Occupancy

39%

Cleaning fees (12 mo)

$8,736

Confidence

Low (35.3), 48 comps

Comp revenue range (p25 / median / p75)

$16,721$30,736$44,410

Median revenue of shown comps: $30,797

  • Riverbend House

    Cabin · 3 bd · 3 ba · sleeps 10 · 69 ft

    Revenue $42,656ADR $350Occ ≈ 33%4.9★ (134)

    Airbnb

  • River Bend | Riverfront Views, Hot Tub & Game Room

    House · 3 bd · 3 ba · sleeps 10 · 69 ft

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

    Revenue $263ADR $263Occ ≈ 0%—

    AirbnbVrbo

  • 'The River Rest' Ellijay Cabin w/ Hot Tub!

    Cabin · 3 bd · 3 ba · sleeps 10 · 522 ft

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

    Revenue $30,675ADR $307Occ ≈ 27%4.9★ (58)

    AirbnbVrboBooking

  • Secluded Coosawattee Cabin: Ideal Ellijay Retreat for Rest & Relaxation

    Cabin · 3 bd · 3 ba · sleeps 9 · 0.1 mi

    Revenue $2,642ADR $528Occ ≈ 1%5★

    Delisted

  • Cozy Riverfront Cabin w/ Hot Tub

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.1 mi

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

    Revenue $34,761ADR $236Occ ≈ 40%5★ (65)

    AirbnbVrbo

  • The West Nest - Ellijay, GA

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.1 mi

    Revenue $581ADR $581Occ ≈ 0%—

    AirbnbVrbo

  • Cozy cabin in Ellijay, near Blue Ridge !

    House · 3 bd · 3 ba · sleeps 9 · 0.1 mi

    Revenue $63,690ADR $313Occ ≈ 56%5★ (45)

    AirbnbBooking

  • Riverview Hideaway | Dog-Friendly Riverview Cabin

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.2 mi

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

    Revenue $23,436ADR $404Occ ≈ 16%4.8★ (32)

    AirbnbVrbo

  • Fireplaces*Firepit*Hot Tub Lounge Deck*Game Room

    Cabin · 3 bd · 3 ba · sleeps 10 · 0.2 mi

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

    Revenue $55,221ADR $296Occ ≈ 51%4.9★ (131)

    AirbnbVrbo

  • Beautiful River House On The River!

    House · 3 bd · 2 ba · sleeps 8 · 0.2 mi

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

    Revenue $20,529ADR $232Occ ≈ 24%4.8★ (17)

    Airbnb

Show 37 more
  • River Retreat | Ellijay, Georgia

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.2 mi

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

    Revenue $44,310ADR $370Occ ≈ 33%5★ (16)

    AirbnbVrbo

  • 'Next Stop Heaven' Game Room & Multiple Decks

    Cabin · 3 bd · 3 ba · sleeps 10 · 0.2 mi

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

    Revenue $35,080ADR $316Occ ≈ 30%5★ (47)

    AirbnbVrboBooking

  • Dragonfly Den - Luxury Waterfront/Hot Tub/Games

    Cabin · 3 bd · 2 ba · sleeps 9 · 0.3 mi

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

    Revenue $96,798ADR $388Occ ≈ 68%5★ (257)

    AirbnbVrbo

  • Riveredge Escape Cabin-Tubing, PlaySet, Resort

    Vacation home · 3 bd · 2 ba · sleeps 6 · 0.3 mi

    Revenue $16,905ADR $534Occ ≈ 9%—

    Booking

  • Eagle Mountain Cozy 3BR Cabin

    Cabin · 3 bd · 2 ba · sleeps 7 · 0.3 mi

    Revenue $496ADR $248Occ ≈ 1%—

    AirbnbVrbo

  • Expansive Mountain Views | Coffee Bar & Comfy Beds

    Cabin · 3 bd · 2.5 ba · sleeps 7 · 0.3 mi

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

    Revenue $30,409ADR $300Occ ≈ 28%5★ (16)

    AirbnbVrboBooking

  • Coosawattee Mountain Lodge | Sleeps 6 | Hot Tub

    House · 3 bd · 3.5 ba · sleeps 8 · 0.3 mi

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

    Revenue $22,728ADR $370Occ ≈ 17%5★ (5)

    AirbnbVrbo

  • Epic Mtn Views! Hot Tub, Spacious Decks, Game Room

    Cabin · 3 bd · 3 ba · sleeps 9 · 0.3 mi

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

    Revenue $80,307ADR $315Occ ≈ 70%5★ (96)

    AirbnbVrbo

  • The Cabin On Faraday | Ellijay, GA

    Cabin · 3 bd · 3.5 ba · sleeps 8 · 0.3 mi

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

    Revenue $61,074ADR $417Occ ≈ 40%4.8★ (50)

    AirbnbVrbo

  • Goose Rock: River Fun+Design Coolness+Apple Pie

    Cabin · 3 bd · 2.5 ba · sleeps 6 · 0.3 mi

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

    Revenue $37,348ADR $338Occ ≈ 30%5★ (135)

    AirbnbVrbo

  • 3BR bohemian cabin with hot tub & resort amenities

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.3 mi

    Revenue $25,509ADR $257Occ ≈ 27%4.7★ (17)

    AirbnbBooking

  • R & R River | No Pet Fees | Sleeps 6 | Coosawattee | pool table | sauna

    Cabin · 3 bd · 3 ba · sleeps 6 · 0.3 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +6

    Revenue $51,979ADR $314Occ ≈ 45%4.8★ (107)

    Vrbo

  • North Georgia Hideaway | Ellijay, GA

    Cabin · 3 bd · 3.5 ba · sleeps 8 · 0.3 mi

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

    Revenue $52,232ADR $391Occ ≈ 37%5★ (9)

    AirbnbVrbo

  • Family-Friendly Cabin | Games • Hot Tub • Fire Pit

    Cabin · 3 bd · 4 ba · sleeps 8 · 0.3 mi

    Revenue $42,588ADR $321Occ ≈ 36%5★ (19)

    Airbnb

  • New - Luxurious Mountain Home for 8 w/ amenities

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.4 mi

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

    Revenue $49,416ADR $285Occ ≈ 48%4.8★ (18)

    AirbnbVrboBooking

  • Deer Haven Getaways - Resort Access

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

    • Hot tub
    • Pool
    • A/C
    • Kitchen
    • +2

    Revenue $12,987ADR $223Occ ≈ 16%4.7★ (47)

    AirbnbVrbo

  • New Listing: Secluded Heavenly Views 3 Bedroom, 2.

    Cabin · 3 bd · 2.5 ba · sleeps 7 · 0.4 mi

    Revenue $17,879ADR $361Occ ≈ 14%—

    Airbnb

  • Château Cervidae | Luxury 3BR/3.5BA Cabin | Hot Tub

    House · 3 bd · 3.5 ba · sleeps 8 · 0.4 mi

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

    Revenue $44,710ADR $505Occ ≈ 24%5★ (4)

    AirbnbVrbo

  • Dreamy wooded escape w/2 decks, resort access, WiFi, gas grills, hot tub/pool

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

    Revenue $16,148ADR $213Occ ≈ 21%4.5★ (20)

    Booking

  • Bearly Behaving

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

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

    Revenue $67,271ADR $277Occ ≈ 67%5★ (47)

    AirbnbVrbo

  • Kid-Friendly Cabin, Hot Tub, Peaceful Ellijay Stay

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.4 mi

    Revenue $20,420ADR $173Occ ≈ 32%4.7★ (31)

    Airbnb

  • Private Riverside Cabin

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.5 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +6

    Revenue $62,726ADR $250Occ ≈ 69%4.9★ (170)

    AirbnbVrbo

  • Riverfront cabin, Game Room, Hot tub, Private

    Cabin · 3 bd · 2.5 ba · sleeps 10 · 0.5 mi

    Revenue $9,288ADR $398Occ ≈ 6%4.8★ (69)

    Delisted

  • Valhalla - Secluded, luxurious cabin on the Coosawattee River Resort

    Cabin · 3 bd · 3.5 ba · sleeps 10 · 0.5 mi

    Revenue $16,002ADR $442Occ ≈ 10%3.7★ (3)

    Delisted

  • Coosawattee-2 Kings, Hot Tub, Pool Table, Fire Pit

    House · 3 bd · 3 ba · sleeps 6 · 0.5 mi

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

    Revenue $33,439ADR $246Occ ≈ 37%5★ (103)

    AirbnbVrbo

  • Riverfront Cabin w/ Screened Gazebo & EV Charger

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.5 mi

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

    Revenue $39,392ADR $225Occ ≈ 48%5★ (56)

    AirbnbVrboBooking

  • Hilltop Hideaway

    House · 3 bd · 2 ba · sleeps 6 · 0.5 mi

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

    Revenue $28,505ADR $144Occ ≈ 54%4.7★ (16)

    Airbnb

  • 4 Mi to Dtwn Ellijay: Cabin w/ Pool & River Access

    Vacation home · 3 bd · 2 ba · sleeps 8 · 0.5 mi

    Revenue $11,160ADR $190Occ ≈ 16%—

    Booking

  • Ellijay Cabin w/ Game Rm + Fire Pit | Dog-Friendly

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.5 mi

    • Pool
    • A/C
    • Free parking
    • Pets OK
    • +6

    Revenue $30,797ADR $330Occ ≈ 26%5★ (40)

    AirbnbVrbo

  • Casa Del Rio | Ellijay, Georgia

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.5 mi

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

    Revenue $48,294ADR $329Occ ≈ 40%4.9★ (33)

    AirbnbVrbo

  • Fully-Fenced w/Pool & Resort Access, Pet-Friendly

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.5 mi

    • Pool
    • A/C
    • Free parking
    • Pets OK
    • +6

    Revenue $38,089ADR $289Occ ≈ 36%5★ (97)

    AirbnbVrboBooking

  • Coosawattee River Resort Home Mins from Blue Ridge

    Cabin · 3 bd · 3.5 ba · sleeps 8 · 0.5 mi

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

    Revenue $24,294ADR $226Occ ≈ 29%4.7★ (96)

    AirbnbVrboBooking

  • Riversong Hot Tub Theater Game Room Resort Access

    Cabin · 3 bd · 3.5 ba · sleeps 10 · 0.6 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +7

    Revenue $39,633ADR $277Occ ≈ 39%5★ (73)

    AirbnbVrbo

  • Deer Run | Coosawattee Resort Amenities

    Cabin · 3 bd · 3 ba · sleeps 6 · 0.6 mi

    Revenue $26,463ADR $269Occ ≈ 27%5★ (39)

    Airbnb

  • Dream Weaver | Ellijay, Ga

    Cabin · 3 bd · 2.5 ba · sleeps 6 · 0.6 mi

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

    Revenue $43,420ADR $369Occ ≈ 32%4.7★ (8)

    AirbnbVrbo

  • 2 Mi to Dtwn Ellijay! Outdoorsy Escape w/ Hot Tub

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.6 mi

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

    Revenue $16,169ADR $239Occ ≈ 19%4.3★ (6)

    AirbnbVrboBooking

  • Whitetail River Retreat

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.6 mi

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

    Revenue $15,161ADR $420Occ ≈ 10%—

    Airbnb

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 8.15% = 7.40% Freddie Mac 30-yr avg (Oct 8) + 0.75% investor premium

Est. revenue

$38,034

NOI

$11,485

Cash flow /mo

-$2,498

Cash needed

$179,510

Cash-on-cash

-16.7%

ROE (yr 1)

-4.3%

Cap rate

1.9%

DSCR

0.28

Year-1 write-off

$86,582

Year-1 tax shield @ 32%

$27,706

Year-1 return on equity

  • Cash flow (annual)-$29,977
  • Principal paydown$3,764
  • Appreciation at%$18,570
ROE-4.3%

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)$7,607
  • Platform fees (3% of revenue)$1,141
  • Maintenance / capex (5% of revenue)$1,902
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$5,014
  • Insurance (STR-rated)$6,685

Cash needed to close

  • Down payment (25%)$154,750
  • Closing costs (4.0%)$24,760
  • Furnishing (conveyed with the sale)$0

Tax savings if the STR loophole applies

  • Tax shield @ 32%$27,706

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

$527,000

Short-life (5/15-yr)

$86,000 · 16%

Year-1 deduction

$87,000

Year-1 tax shield @ 32%

$28,000

Land 15% (market default, no usable tax-record split) · building $441,000 over 39 years

Based on: 3,096 sq ft, built 2001, 3 bd / 3 ba, furnished, listing features (hot tub, fireplace, flooring types, appliance list, septic).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $64,000 in year 1 (12% short-life, $20,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$61,600
  • Kitchen cabinetsdefault

    $12,600 new × 40% good × 1.70 allocation

    $8,600
  • Kitchen countertopsdefault

    $10,300 new × 40% good × 1.70 allocation

    $7,000
  • Decorative trimdefault

    $5,400 new × 40% good × 1.70 allocation

    $3,700
  • Mirrorsdefault

    $500 new × 40% good × 1.70 allocation

    $300
  • Shelvingdefault

    $1,200 new × 40% good × 1.70 allocation

    $800
  • Window coverings (31)default

    $7,800 new × 40% good × 1.70 allocation

    $5,300
  • Carpet, vinyl & laminate (25% of floors)listing

    $5,000 new × 40% good × 1.70 allocation

    $3,400
  • Kitchen & laundry equipment plumbingdefault

    $9,800 new × 50% good × 1.70 allocation

    $8,300
  • Kitchen, laundry & data equipment electricaldefault

    $5,900 new × 50% good × 1.70 allocation

    $5,000
  • Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing

    $7,700 new × 40% good × 1.70 allocation

    $5,200
  • Hot tub (freestanding)listing

    $9,000 new × 40% good × 1.70 allocation

    $6,100
  • Furniture conveyed with the sale (used)listing

    $19,500 new × 40% good · out of the price

    $7,800
15-year land improvements$24,500
  • Paving: driveway & walks (paved)default

    $11,500 new × 50% good × 1.70 allocation

    $9,800
  • Landscaping (typical)default

    $11,100 new × 50% good × 1.70 allocation

    $9,400
  • Patiosdefault

    $3,100 new × 50% good × 1.70 allocation

    $2,600
  • Decks & porches (attached)default

    $3,100 new × 50% good × 1.70 allocation

    $2,600
Building, 39-year$441,200
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $336,600 new × 58% good × 1.70 allocation

    $334,400
  • Building plumbing & fixturesdefault

    $34,900 new × 50% good × 1.70 allocation

    $29,700
  • Building electrical & lightingdefault

    $36,500 new × 50% good × 1.70 allocation

    $31,100
  • HVACdefault

    $34,900 new × 40% good × 1.70 allocation

    $23,800
  • Hardwood & tile floorsdefault

    $14,900 new × 40% good × 1.70 allocation

    $10,200
  • Fireplacelisting

    $2,600 new × 40% good × 1.70 allocation

    $1,800
  • Septic systemlisting

    $12,000 new × 50% good × 1.70 allocation

    $10,200

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$61,600$24,500$500$86,600
2$0$0$11,300$11,300
3$0$0$11,300$11,300
4$0$0$11,300$11,300
5$0$0$11,300$11,300
6+$0$0$395,500$395,500
Total$61,600$24,500$441,200$527,300

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.