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3711 Ginseng Way

3711 Ginseng Way

Sevierville, TN 37862

$530,000

2 bd · 2.5 ba · 1,444 sqft · Listed 1d ago

View on Realtor.com →

Year built

1998

Sqft

1,444

Lot sqft

40,075

HOA / mo

$15

Furnished

No

List date

2026-09-28T18:52:01.000000Z

Revenue

Annual revenue

$47,786

ADR

$210

Occupancy

62%

Cleaning fees (12 mo)

$8,224

Confidence

Low (49.04), 46 comps

Comp revenue range (p25 / median / p75)

$27,418$41,744$53,383
  • Foothills Retreat

    Cabin · 2 bd · 2 ba · sleeps 4 · 148 ft

    Revenue $29,913ADR $174Occ ≈ 47%4.8★ (22)

    Airbnb

  • Splashing Into Heaven: Your Indoor Pool Mtn Oasis

    Cabin · 2 bd · 2.5 ba · sleeps 10 · 249 ft

    Revenue $69,546ADR $384Occ ≈ 50%4.7★ (3)

    AirbnbVrbo

  • ‘Firefly Cove’ - 3 Mi to Parkway & National Park!

    Cabin · 2 bd · 2 ba · sleeps 4 · 266 ft

    Revenue $42,229ADR $194Occ ≈ 60%5★ (197)

    AirbnbVrboBooking

  • Higher Ground

    Cabin · 2 bd · 2 ba · sleeps 6 · 276 ft

    Revenue $30,993ADR $190Occ ≈ 45%4.8★ (123)

    AirbnbVrboBooking

  • Mountain Valley Hideaway: Game Loft, Hot Tub

    Cabin · 2 bd · 2 ba · sleeps 6 · 325 ft

    Revenue $103,410ADR $355Occ ≈ 80%4.3★ (13)

    AirbnbVrbo

  • A Windy Ridge: New listing Promo! Pets & Hot Tub!

    Cabin · 2 bd · 2 ba · sleeps 7 · 387 ft

    Revenue $25,555ADR $341Occ ≈ 21%5★ (2)

    AirbnbVrboBooking

  • FREE Tickets! Pet-Friendly-Fenced Yard-Pond nearby

    Cabin · 2 bd · 2 ba · sleeps 6 · 456 ft

    Revenue $43,721ADR $270Occ ≈ 44%5★ (59)

    AirbnbVrbo

  • NEW! Windy Ridge 2-Bedroom Cabin with Pool and Mountain view - Pets Allowed

    Cabin · 2 bd · 2 ba · sleeps 7 · 486 ft

    Revenue $37,356ADR $257Occ ≈ 40%4.5★ (5)

    VrboBooking

  • Can't Wait to Hibernate: Pet Friendly & Free Tix

    Cabin · 2 bd · 2 ba · sleeps 8 · 0.1 mi

    Revenue $29,836ADR $255Occ ≈ 32%4.6★ (124)

    AirbnbVrboBooking

  • Cant Wait to Hibernate

    Vacation home · 2 bd · 2 ba · sleeps 8 · 0.1 mi

    Revenue $12,880ADR $211Occ ≈ 17%—

    Booking

Show all 48 comps
  • Huge Game Room/Great for 1-2 Families/Hot Tub/Pool

    Cabin · 2 bd · 2 ba · sleeps 8 · 0.1 mi

    Revenue $68,815ADR $342Occ ≈ 55%4.9★ (107)

    AirbnbVrbo

  • Hot Tub Cabin | 2 King Suites | Fire Pit

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

    Revenue $41,259ADR $236Occ ≈ 48%4.9★ (43)

    AirbnbVrbo

  • A Dream Come True

    Vacation home · 2 bd · 2 ba · sleeps 7 · 0.1 mi

    Revenue $20,433ADR $1,221Occ ≈ 5%4.5★ (4)

    Booking

  • COZY + Secluded Cabin in the Trees . Pet Friendly!

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

    Revenue $38,820ADR $223Occ ≈ 48%4.8★ (94)

    AirbnbVrbo

  • Brand New Romantic A-Frame / Sauna / Flat Roads

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

    Revenue $387ADR $129Occ ≈ 1%—

    Airbnb

  • Dream Come True: Pet Friendly & Free Tickets

    Cabin · 2 bd · 2 ba · sleeps 7 · 0.2 mi

    Revenue $36,070ADR $242Occ ≈ 41%4.7★ (86)

    AirbnbVrbo

  • 2 BR-Outdoor Fire pit-Game Room-Hot Tub

    Cabin · 2 bd · 2 ba · sleeps 8 · 0.2 mi

    Revenue $31,939ADR $232Occ ≈ 38%4.5★ (6)

    AirbnbVrbo

  • Charming Cabin Retreat • Pet-Friendly & Trails

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

    Revenue $52,506ADR $263Occ ≈ 55%5★ (84)

    AirbnbVrbo

  • Cozy Cabin w/Convenience; Nature, Game Rm, FirePit

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

    Revenue $30,005ADR $231Occ ≈ 36%5★ (47)

    AirbnbVrbo

  • Timber Ridge-Pet Friendly!

    Cabin · 2 bd · 2 ba · sleeps 10 · 0.2 mi

    Revenue $31,291ADR $219Occ ≈ 39%5★ (25)

    AirbnbVrbo

  • Great Escapes cabin gives all the comforts of home

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

    Revenue $44,052ADR $199Occ ≈ 61%4.5★ (120)

    AirbnbVrboBooking

  • Timber Lodge WiFi video games

    Cabin · 2 bd · 2 ba · sleeps 8 · 0.2 mi

    Revenue $49,609ADR $154Occ ≈ 88%4.8★ (115)

    AirbnbVrboBooking

  • Timber Lodge WiFi+Hot Tub+Video Games+Smoky Mtns

    Cabin · 2 bd · 2 ba · sleeps 8 · 0.2 mi

    Revenue $16,734ADR $0Occ ≈ ——

    Vrbo

  • Saddlebrook

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

    Revenue $16,691ADR $318Occ ≈ 14%—

    Booking

  • Summer Wind (2-Bedroom Cabin) - Pets Allowed by RedAwning

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

    Revenue $44,620ADR $288Occ ≈ 42%4.8★

    Vrbo

  • BEAUTIFUL SMOKY MOUNTAINS Peaceful and Secluded Peace of Heaven Cabin

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

    Revenue $46,264ADR $224Occ ≈ 57%5★ (351)

    Vrbo

  • Cozy Bear Lodge! Game Rm, Hot Tub, Fishing!

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

    Revenue $64,766ADR $267Occ ≈ 66%5★ (116)

    AirbnbVrbo

  • Woodsy Pigeon Forge Hideaway Private Hot Tub

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

    Revenue $27,765ADR $277Occ ≈ 27%4.8★ (5)

    Booking

  • Woodsy Pigeon Forge Hideaway: Private Hot Tub

    Cabin · 2 bd · 2.5 ba · sleeps 6 · 0.3 mi

    Revenue $44,965ADR $232Occ ≈ 53%5★ (39)

    AirbnbVrbo

  • Beautiful, Private, Country Bear Retreat, Hot Tub

    Cabin · 2 bd · 2.5 ba · sleeps 6 · 0.3 mi

    Revenue $14,932ADR $250Occ ≈ 16%4.9★ (28)

    AirbnbVrbo

  • Hootin' Holler - Easy Access To All The Smoky Moun

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

    Revenue $44,544ADR $196Occ ≈ 62%4.6★ (41)

    AirbnbVrbo

  • Best Views • Indoor Pool • Hot Tub • Romance

    Cabin · 2 bd · 2.5 ba · sleeps 4 · 0.3 mi

    Revenue $48,005ADR $435Occ ≈ 30%5★ (24)

    AirbnbVrboBooking

  • Wears Valley Escape | Hot Tub + Fire Pit + Dogs OK

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

    Revenue $15,976ADR $220Occ ≈ 20%5★ (7)

    Airbnb

  • Panoramic Pointe: Free Attraction Tickets

    Cabin · 2 bd · 3.5 ba · sleeps 8 · 0.3 mi

    Revenue $75,418ADR $303Occ ≈ 68%5★ (25)

    AirbnbVrboBooking

  • Heaven's Hideaway-2 King Suites/Hot Tub/Pet Friend

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

    Revenue $53,851ADR $230Occ ≈ 64%4.9★ (33)

    AirbnbVrbo

  • NEW! Panoramic Pointe 2-Bedroom Cabin with Mountain view

    Cabin · 2 bd · 3.5 ba · sleeps 8 · 0.3 mi

    Revenue $65,649ADR $242Occ ≈ 74%—

    Vrbo

  • Panoramic Pointe

    Cabin · 2 bd · 3.5 ba · sleeps 8 · 0.3 mi

    Revenue $67,783ADR $286Occ ≈ 65%—

    AirbnbVrbo

  • A Cowpoke's Dream (3-Bedroom Cabin) by RedAwning

    Cabin · 2 bd · 2 ba · sleeps 10 · 0.3 mi

    Revenue $22,359ADR $317Occ ≈ 19%4.7★ (0)

    Vrbo

  • A peaceful, tranquil retreat with king size beds in each rooms.

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

    Revenue $16,548ADR $221Occ ≈ 21%5★ (176)

    Vrbo

  • Hawk's Mountain View- Your Smoky Mountain Retreat

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

    Revenue $77,591ADR $248Occ ≈ 86%5★ (157)

    AirbnbVrbo

  • Mountain Views | Dog-Friendly & Fully Fenced Yard

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

    Revenue $57,143ADR $261Occ ≈ 60%4.8★ (199)

    AirbnbVrbo

  • Summer Wind:Pet Friendly & Free Attraction Tickets

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

    Revenue $53,554ADR $239Occ ≈ 61%4.8★ (19)

    AirbnbVrboBooking

  • Sunset Meadows In Wears Valley

    Cabin · 2 bd · 2.5 ba · sleeps 8 · 0.4 mi

    Revenue $38,192ADR $216Occ ≈ 48%4.9★ (39)

    AirbnbVrbo

  • Stunning!Timber Frame smart cabin

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

    Revenue $50,256ADR $282Occ ≈ 49%5★ (225)

    Vrbo

  • Incredible Secluded Cabin in Sevierville, Tennessee

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

    Revenue $26,378ADR $619Occ ≈ 12%—

    VrboBooking

  • Roundtop Mountain Ridge

    Vacation home · 2 bd · 2 ba · sleeps 8 · 0.4 mi

    Revenue $23,105ADR $621Occ ≈ 10%—

    Booking

  • Summer Wind

    Vacation home · 2 bd · 2 ba · sleeps 6 · 0.4 mi

    Revenue $53,326ADR $285Occ ≈ 51%—

    Booking

  • Whiskey's Mountain Lodge

    Cabin · 2 bd · 2.5 ba · sleeps 12 · 0.5 mi

    Revenue $95,529ADR $350Occ ≈ 75%4.6★ (27)

    AirbnbVrbo

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

Est. revenue

$47,786

NOI

$25,881

Cash flow /mo

$2,157

Cash needed

$567,200

Cash-on-cash (all cash)

4.6%

ROE (yr 1)

7.4%

Cap rate

4.9%

DSCR

—

Year-1 write-off

$106,611

Year-1 tax shield @ 32%

$34,116

Year-1 return on equity

  • Cash flow (annual)$25,881
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$15,900
ROE7.4%
ROE incl. year-1 tax savings (32% bracket, STR loophole)13.4%
Opex, cash-needed & tax-savings breakdown

Annual operating expenses

  • Management (20% of revenue)$9,557
  • Platform fees (3% of revenue)$1,434
  • Maintenance / capex (5% of revenue)$2,389
  • Utilities & supplies$4,200
  • HOA$180
  • Property tax$965
  • Insurance (STR-rated)$3,180

Cash needed to close

  • Purchase price (all cash)$530,000
  • Closing costs (4.0%)$21,200
  • Furnishing (bought new)$16,000

Tax savings if the STR loophole applies

  • Tax shield @ 32%$34,116

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

$469,000

Short-life (5/15-yr)

$89,000 · 19%

Year-1 deduction

$107,000

Year-1 tax shield @ 32%

$34,000

Land 11% (county tax record, market value split) · building $380,000 over 39 years · new furniture $16,000

Based on: 1,444 sq ft, built 1998, 2 bd / 2.5 ba, unfurnished, listing features (fireplace, flooring types, appliance list, septic).

IRS-guide safe-harbor floor: $78,000 in year 1 (13% short-life, $25,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$74,800
  • Kitchen cabinetsdefault

    $9,000 new × 40% good × 3.34 allocation

    $12,000
  • Kitchen countertopsdefault

    $7,300 new × 40% good × 3.34 allocation

    $9,800
  • Decorative trimdefault

    $2,500 new × 40% good × 3.34 allocation

    $3,400
  • Mirrorsdefault

    $300 new × 40% good × 3.34 allocation

    $400
  • Shelvingdefault

    $900 new × 40% good × 3.34 allocation

    $1,200
  • Window coverings (14)default

    $3,500 new × 40% good × 3.34 allocation

    $4,700
  • Carpet, vinyl & laminate (25% of floors)listing

    $2,300 new × 40% good × 3.34 allocation

    $3,100
  • Kitchen & laundry equipment plumbingdefault

    $7,000 new × 44% good × 3.34 allocation

    $10,200
  • Kitchen, laundry & data equipment electricaldefault

    $4,200 new × 44% good × 3.34 allocation

    $6,200
  • Appliances (microwave, dishwasher, refrigerator, washer, dryer)listing

    $5,900 new × 40% good × 3.34 allocation

    $7,900
  • Furniture bought newlisting

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

    $16,000
15-year land improvements$30,600
  • Paving: driveway & walks (paved)default

    $7,900 new × 50% good × 3.34 allocation

    $13,100
  • Landscaping (typical)default

    $7,600 new × 50% good × 3.34 allocation

    $12,600
  • Patiosdefault

    $1,400 new × 50% good × 3.34 allocation

    $2,400
  • Decks & porches (attached)default

    $1,400 new × 50% good × 3.34 allocation

    $2,400
Building, 39-year$380,000
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $156,600 new × 53% good × 3.34 allocation

    $278,800
  • Building plumbing & fixturesdefault

    $16,200 new × 44% good × 3.34 allocation

    $23,800
  • Building electrical & lightingdefault

    $15,600 new × 44% good × 3.34 allocation

    $22,900
  • HVACdefault

    $16,300 new × 40% good × 3.34 allocation

    $21,700
  • Hardwood & tile floorsdefault

    $7,000 new × 40% good × 3.34 allocation

    $9,300
  • Fireplacelisting

    $2,600 new × 40% good × 3.34 allocation

    $3,500
  • Septic systemlisting

    $12,000 new × 50% good × 3.34 allocation

    $20,000

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$74,800$30,600$1,200$106,600
2$0$0$9,700$9,700
3$0$0$9,700$9,700
4$0$0$9,700$9,700
5$0$0$9,700$9,700
6+$0$0$339,800$339,800
Total$74,800$30,600$380,000$485,400

The building's share of the price ($469,000) is 3.3x our depreciated replacement cost of the home ($141,000). The IRS guide treats a gap this size as a reason to review the land share: if land is worth more than the county ratio says, the basis and the write-off are smaller.

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 and Georgia disallow bonus depreciation, Ohio adds back 5/6 of it, and Tennessee has no personal income tax. Not tax advice.

Market note

STR allowed in most of Sevier County; inside Gatlinburg city limits only in overnight-rental zones.