STR Yield

Blue Ridge / Ellijay, GA: Airbnb investment properties for sale

Blue Ridge and Ellijay are mountain towns in north Georgia, in the southern Appalachians. Many rentals are cabins outside town limits, in Fannin and Gilmer counties. This page scores the current listings in the area as short-term rentals.

Blue Ridge / Ellijay by the numbers

Listings in the feed
270
Median list price
$599,945
Median est. annual revenue
$42,271
Median cash-on-cash
-10.8%
With positive monthly cash flow
7%
Median year-1 write-off est.
$126,894

Medians across the current scored listings. Assumes 25% down, a 30-year mortgage · Rate 7.78% = 7.03% Freddie Mac 30-yr avg (Sep 24) + 0.75% investor premium. Revenue and tax figures are estimates, not a forecast and not tax advice.

Blue Ridge area

Short-term rentals in and around Blue Ridge, last 12 months

Avg annual revenue

$53,595

Occupancy

47.5%

Avg daily rate

$358

RevPAR

$146.84

North GA Mtns region

Short-term rental performance, last 12 months

Avg annual revenue

$46,446

▲ 3.0% YoY

Occupancy

46.6%

▼ 1.8% YoY

Avg daily rate

$295

▲ 3.5% YoY

RevPAR

$140.36

▲ 1.9% YoY

Active listings

10,237

Market data · as of Sep 26, 2026 · through Aug 2026

Short-term rental rules in Blue Ridge / Ellijay

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.

Rules change and vary by city and zone; verify with the local jurisdiction before you buy.

Today's Blue Ridge / Ellijay deals

See all Blue Ridge / Ellijay deals in the feed →
367 E Second St

367 E Second St

Blue Ridge, GA · Listed 32d ago

$275,000

2 bd · 1 ba

Est. revenue

$54,696

Occupancy

56%

Cash-on-cash

14.1%

ROE (yr 1)

24.6%

Cash flow /mo

$1,129

Cap rate

11.4%

Yr-1 tax shield

$17.9K

Rental history
51 Summit Ln

51 Summit Ln

Blue Ridge, GA · Listed 21d ago

$249,000

3 bd · 2 ba

Est. revenue

$49,354

Occupancy

50%

Cash-on-cash

13.5%

ROE (yr 1)

23.4%

Cash flow /mo

$1,028

Cap rate

11.4%

Yr-1 tax shield

$7.9K

Rental history
109 Lavista Dr

109 Lavista Dr

Blue Ridge, GA · Listed 7d ago

$325,000

3 bd · 1 ba · 1,581 sqft

Est. revenue

$47,228

Occupancy

40%

Cash-on-cash

3.8%

ROE (yr 1)

14.2%

Cash flow /mo

$360

Cap rate

7.8%

Yr-1 tax shield

$29.4K

55 River Bend Ln

55 River Bend Ln

Blue Ridge, GA · Listed 26d ago

$449,000

3 bd · 2 ba · 1,876 sqft

Est. revenue

$55,589

Occupancy

49%

Cash-on-cash

0.6%

ROE (yr 1)

11.6%

Cash flow /mo

$78

Cap rate

6.7%

Yr-1 tax shield

$41.7K

Rental history
325 Austin St

325 Austin St

Blue Ridge, GA · Listed 12d ago

$465,000

2 bd · 2 ba · 1,224 sqft

Est. revenue

$54,826

Occupancy

56%

Cash-on-cash

-0.4%

ROE (yr 1)

10.9%

Cash flow /mo

-$47

Cap rate

6.3%

Yr-1 tax shield

$32.4K

620 Wash Wilson Rd

620 Wash Wilson Rd

Blue Ridge, GA · Listed 25d ago

$232,500

3 bd · 1 ba · 1,268 sqft

Est. revenue

$50,179

Occupancy

49%

Cash-on-cash

15.1%

ROE (yr 1)

24.9%

Cash flow /mo

$1,094

Cap rate

12.1%

Yr-1 tax shield

$24.3K

Low confidence
29 River Ranch Ct

29 River Ranch Ct

Ellijay, GA · Listed 3d ago

$299,900

2 bd · 1 ba · 672 sqft

Est. revenue

$40,981

Occupancy

55%

Cash-on-cash

2.4%

ROE (yr 1)

13.0%

Cash flow /mo

$206

Cap rate

7.3%

Yr-1 tax shield

$33K

92 Windy Valley Ln

92 Windy Valley Ln

Blue Ridge, GA · Listed 4d ago

$769,000

3 bd · 3.5 ba · 2,700 sqft

Est. revenue

$70,056

Occupancy

64%

Cash-on-cash

-5.6%

ROE (yr 1)

5.7%

Cash flow /mo

-$1,165

Cap rate

4.6%

Yr-1 tax shield

$58.5K

Rental historyNegative cash flow
Moreland Dr Lot 639

Moreland Dr Lot 639

Cherry Log, GA · Listed 18d ago

$485,000

2 bd · 2 ba · 1,102 sqft

Est. revenue

$44,095

Occupancy

70%

Cash-on-cash

-5.9%

ROE (yr 1)

5.4%

Cash flow /mo

-$771

Cap rate

4.6%

Yr-1 tax shield

$40K

Rental historyEst. land %Negative cash flow
219 Nantahala Dr

219 Nantahala Dr

Blue Ridge, GA · Listed 13d ago

$446,900

2 bd · 2 ba · 1,246 sqft

Est. revenue

$42,044

Occupancy

58%

Cash-on-cash

-5.9%

ROE (yr 1)

4.8%

Cash flow /mo

-$751

Cap rate

4.5%

Yr-1 tax shield

$39.5K

Rental historyNegative cash flow
219 Nantahala Pass Rd

219 Nantahala Pass Rd

Blue Ridge, GA · Listed 13d ago

$446,900

2 bd · 2 ba · 1,246 sqft

Est. revenue

$42,044

Occupancy

58%

Cash-on-cash

-8.5%

ROE (yr 1)

4.1%

Cash flow /mo

-$915

Cap rate

4.0%

Yr-1 tax shield

$32.3K

Rental historyEst. land %Negative cash flow
2634 Mountain Tops Rd

2634 Mountain Tops Rd

Blue Ridge, GA · Listed 25d ago

$825,000

4 bd · 3.5 ba · 1,482 sqft

Est. revenue

$68,635

Occupancy

55%

Cash-on-cash

-7.5%

ROE (yr 1)

4.0%

Cash flow /mo

-$1,642

Cap rate

4.1%

Yr-1 tax shield

$61.4K

Negative cash flow
861 Little Rock Creek Rd

861 Little Rock Creek Rd

Cherry Log, GA · Listed 29d ago

$369,900

2 bd · 2 ba · 1,200 sqft

Est. revenue

$34,595

Occupancy

56%

Cash-on-cash

-7.5%

ROE (yr 1)

3.5%

Cash flow /mo

-$771

Cap rate

4.0%

Yr-1 tax shield

$25.6K

Rental historyNegative cash flow
Moreland Dr Lot 639

Moreland Dr Lot 639

Blue Ridge, GA · Listed 25d ago

$485,000

2 bd · 2 ba · 1,102 sqft

Est. revenue

$44,095

Occupancy

70%

Cash-on-cash

-8.3%

ROE (yr 1)

3.0%

Cash flow /mo

-$1,082

Cap rate

3.8%

Yr-1 tax shield

$35.2K

Rental historyEst. land %Negative cash flow
525 Gallery Ct

525 Gallery Ct

Ellijay, GA · Listed 7d ago

$769,900

3 bd · 2.5 ba · 1,904 sqft

Est. revenue

$68,127

Occupancy

68%

Cash-on-cash

-7.7%

ROE (yr 1)

3.6%

Cash flow /mo

-$1,598

Cap rate

4.0%

Yr-1 tax shield

$50.3K

Rental historyNegative cash flow
1374 Lucius Rd

1374 Lucius Rd

Cherry Log, GA · Listed 21d ago

$525,000

2 bd · 2.5 ba · 1,610 sqft

Est. revenue

$56,497

Occupancy

79%

Cash-on-cash

-3.7%

ROE (yr 1)

7.7%

Cash flow /mo

-$513

Cap rate

5.3%

Yr-1 tax shield

$23.7K

Negative cash flow
329 Laurel Ridge Dr

329 Laurel Ridge Dr

Blue Ridge, GA · Listed 11d ago

$369,900

2 bd · 1 ba · 758 sqft

Est. revenue

$42,277

Occupancy

57%

Cash-on-cash

-3.3%

ROE (yr 1)

7.6%

Cash flow /mo

-$341

Cap rate

5.4%

Yr-1 tax shield

$31K

Rental historyNegative cash flow
610 E Second St

610 E Second St

Blue Ridge, GA · Listed 28d ago

$749,900

2 bd · 2.5 ba

Est. revenue

$55,309

Occupancy

56%

Cash-on-cash

-10.2%

ROE (yr 1)

2.4%

Cash flow /mo

-$1,852

Cap rate

3.5%

Yr-1 tax shield

$46.5K

Negative cash flow
205 Minnehaha Trl

205 Minnehaha Trl

Blue Ridge, GA · Listed 13d ago

$887,000

4 bd · 3 ba · 2,800 sqft

Est. revenue

$73,258

Occupancy

42%

Cash-on-cash

-7.1%

ROE (yr 1)

4.5%

Cash flow /mo

-$1,656

Cap rate

4.2%

Yr-1 tax shield

$75K

Negative cash flow
202 Standing Rock Ln

202 Standing Rock Ln

Ellijay, GA · Listed 25d ago

$165,000

2 bd · 1 ba

Est. revenue

$33,445

Occupancy

47%

Cash-on-cash

11.4%

ROE (yr 1)

20.9%

Cash flow /mo

$607

Cap rate

10.9%

Yr-1 tax shield

$15K

Low confidence
31 Highland Hammock Dr

31 Highland Hammock Dr

Blue Ridge, GA · Listed 24d ago

$499,900

3 bd · 2 ba · 2,176 sqft

Est. revenue

$46,893

Occupancy

50%

Cash-on-cash

-5.8%

ROE (yr 1)

5.3%

Cash flow /mo

-$789

Cap rate

4.6%

Yr-1 tax shield

$45.2K

Negative cash flow
1883 Newport Dr

1883 Newport Dr

Ellijay, GA · Listed 27d ago

$345,000

3 bd · 2 ba · 1,248 sqft

Est. revenue

$39,608

Occupancy

45%

Cash-on-cash

-1.5%

ROE (yr 1)

9.1%

Cash flow /mo

-$147

Cap rate

6.0%

Yr-1 tax shield

$28K

Rental historyEst. land %Negative cash flow
999 Old Mill Rd

999 Old Mill Rd

Mineral Bluff, GA · Listed 26d ago

$499,000

4 bd · 3.5 ba · 3,975 sqft

Est. revenue

$71,369

Occupancy

43%

Cash-on-cash

4.0%

ROE (yr 1)

14.9%

Cash flow /mo

$565

Cap rate

7.8%

Yr-1 tax shield

$29.2K

Low confidence
63 Bushy Head Rd

63 Bushy Head Rd

Cherry Log, GA · Listed 20d ago

$524,900

3 bd · 3 ba

Est. revenue

$39,682

Occupancy

46%

Cash-on-cash

-11.1%

ROE (yr 1)

1.5%

Cash flow /mo

-$1,405

Cap rate

3.3%

Yr-1 tax shield

$28K

Rental historyNegative cash flow

Showing 24 of 270 deals

Blue Ridge / Ellijay Airbnb investing: common questions

How much does an Airbnb make in Blue Ridge / Ellijay?

Short-term rental market data puts average annual revenue per rental in Blue Ridge / Ellijay at about $46,446 over the last 12 months, with about 47% occupancy and an average daily rate near $295. Your property will differ with size, location, amenities and how you manage it. Treat this as an estimate, not a forecast.

Do Airbnbs cash flow in Blue Ridge / Ellijay?

Some do, many don't. At today's mortgage rates and 25% down, about 7% of the 270 listings we score in Blue Ridge / Ellijay show positive monthly cash flow, and the median cash-on-cash return is -10.8%. Higher rates make many properties negative once the mortgage, taxes, insurance and operating costs come out, so check each one.

Are short-term rentals allowed in Blue Ridge / Ellijay?

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. Rules change and vary by city and zone; verify with the local jurisdiction before you buy.

What year-1 tax write-off could a Blue Ridge / Ellijay STR have?

Across the 270 listings we score in Blue Ridge / Ellijay, the median year-1 depreciation write-off estimate is about $126,894. It assumes a typical cost segregation classification and 100% bonus depreciation, and whether you can use it depends on your tax situation. It is an estimate, not a cost segregation study and not tax advice; talk to a CPA.

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