STR Yield
← Back to deals
705 Blue Dunn Ct

705 Blue Dunn Ct

Pigeon Forge, TN 37863

$799,900

4 bd · 5 ba · 3,840 sqft · Listed 3d ago

View on Realtor.com →

Year built

2003

Sqft

3,840

Lot sqft

9,148

HOA / mo

$0

Furnished

No

List date

2026-11-09T18:52:34.000000Z

Revenue

Annual revenue

$77,797

ADR

$362

Occupancy

59%

Cleaning fees (12 mo)

$15,138

Confidence

Low (45.75), 42 comps

Comp revenue range (p25 / median / p75)

$43,793$64,621$96,022

Median revenue of shown comps: $65,076

  • Welcome to "4 Da Bears" – Pigeon Forge Escape!

    Cabin · 4 bd · 4.5 ba · sleeps 10 · 492 ft

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

    Revenue $65,076ADR $367Occ ≈ 49%4.9★ (28)

    AirbnbVrboBooking

  • Dragonfly & Firefly Estate • 2 Cabins • Sleep 12

    House · 4 bd · 4 ba · sleeps 12 · 0.3 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +3

    Revenue $91,046ADR $623Occ ≈ 40%5★ (3)

    Airbnb

  • Riverstone 361

    Condominium (condo) · 4 bd · 4 ba · sleeps 10 · 0.6 mi

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

    Revenue $109,799ADR $420Occ ≈ 72%5★ (371)

    AirbnbVrbo

  • TeeTime-Golf, Lazy River, Indoor Pool, Spa, & Gym

    Condominium (condo) · 4 bd · 4 ba · sleeps 10 · 0.6 mi

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

    Revenue $127,362ADR $541Occ ≈ 64%5★ (103)

    AirbnbVrbo

  • Modern Cabin*Near Dollywood*GameRoom*HotTub*Arcade

    Cabin · 4 bd · 4 ba · sleeps 12 · 0.6 mi

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

    Revenue $60,475ADR $517Occ ≈ 32%5★ (81)

    AirbnbVrbo

  • Four Bedroom Condo - 4 Kings

    Condominium (condo) · 4 bd · 4 ba · sleeps 10 · 0.6 mi

    Revenue $28,671ADR $606Occ ≈ 13%5★

    Delisted

  • 4 Bedroom Condo - 4 Kings

    Condominium (condo) · 4 bd · 4 ba · sleeps 10 · 0.6 mi

    Revenue $43,080ADR $591Occ ≈ 20%4★ (1)

    Delisted

  • Four Bedroom Condo - 4 Kings

    Condominium (condo) · 4 bd · 4 ba · sleeps 10 · 0.6 mi

    Revenue $30,170ADR $622Occ ≈ 13%—

    Delisted

  • Four Bedroom Condo - 4 Kings

    Condominium (condo) · 4 bd · 4 ba · sleeps 10 · 0.6 mi

    Revenue $52,953ADR $7,587Occ ≈ 2%—

    Delisted

  • Four Bedroom Condo - 4 Kings

    Condominium (condo) · 4 bd · 4 ba · sleeps 10 · 0.6 mi

    Revenue $123,830ADR $0Occ ≈ ——

    Delisted

Show 25 more
  • Four Bedroom Condo - 4 Kings

    Condominium (condo) · 4 bd · 4 ba · sleeps 10 · 0.6 mi

    Revenue $43,793ADR $550Occ ≈ 22%—

    Delisted

  • 4 Bedroom Condo - 4 Kings

    Condominium (condo) · 4 bd · 4 ba · sleeps 10 · 0.6 mi

    Revenue $56,148ADR $877Occ ≈ 18%—

    Airbnb

  • Four Bedroom Condo - 4 Kings

    Condominium (condo) · 4 bd · 4 ba · sleeps 10 · 0.6 mi

    Revenue $53,924ADR $974Occ ≈ 15%—

    Airbnb

  • Smokies Modern Cabin | Fireplace, Fire Pit, Games!

    House · 4 bd · 4 ba · sleeps 10 · 0.6 mi

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

    Revenue $13,669ADR $310Occ ≈ 12%4.9★ (9)

    AirbnbVrboBooking

  • Near Dollywood | Golf Next Door | 3 King Suites

    Cabin · 4 bd · 4 ba · sleeps 12 · 0.6 mi

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

    Revenue $7,546ADR $328Occ ≈ 6%—

    AirbnbVrboBooking

  • *Newly-BUILT 4BDR Cabin! Hot Tub + In TOWN!*

    Cabin · 4 bd · 4 ba · sleeps 10 · 0.6 mi

    Revenue $88,682ADR $349Occ ≈ 70%4.8★ (107)

    Airbnb

  • New Dollywood Cabin! 4mi To Park With Fresh Design

    Cabin · 4 bd · 4 ba · sleeps 12 · 0.6 mi

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

    Revenue $110,586ADR $453Occ ≈ 67%5★ (48)

    AirbnbVrbo

  • Brand New 4/4 Minutes to Dollywood w/ Hottub!

    Vacation home · 4 bd · 4 ba · sleeps 10 · 0.6 mi

    Revenue $64,621ADR $492Occ ≈ 36%—

    Booking

  • Fall Cabin Getaway | 4BR, Pool, Hot Tub, Dollywood

    House · 4 bd · 4 ba · sleeps 10 · 0.6 mi

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

    Revenue $72,338ADR $367Occ ≈ 54%4.8★ (101)

    AirbnbVrboBooking

  • Signature 4 Bedroom Condo on the Golf Course

    Condominium (condo) · 4 bd · 4 ba · sleeps 10 · 0.6 mi

    Revenue $51,883ADR $685Occ ≈ 21%5★ (3)

    Airbnb

  • Rustic Modern Mountain Cabin by Avada Properties

    Vacation home · 4 bd · 4 ba · sleeps 10 · 0.6 mi

    Revenue $58,630ADR $268Occ ≈ 60%4.9★ (4)

    Booking

  • Four Bedroom Condo - 4 Kings

    Condominium (condo) · 4 bd · 4 ba · sleeps 10 · 0.6 mi

    Revenue $28,015ADR $736Occ ≈ 10%—

    Airbnb

  • New luxe build! Hot tub! Downtown!

    Cabin · 4 bd · 4 ba · sleeps 10 · 0.7 mi

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

    Revenue $69,162ADR $376Occ ≈ 50%4.7★ (91)

    AirbnbVrbo

  • Amazing 4BD Lodge w/ Hot Tub! Games + NEAR TOWN!

    Cabin · 4 bd · 4 ba · sleeps 10 · 0.7 mi

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

    Revenue $79,658ADR $339Occ ≈ 64%4.8★ (111)

    AirbnbVrbo

  • Christmas themed year-round! Best location in PF!

    Cabin · 4 bd · 4 ba · sleeps 12 · 0.7 mi

    Revenue $25,971ADR $483Occ ≈ 15%4.9★ (62)

    Airbnb

  • Pigeon Forge Plunge w/ Pool, Game Room, Hot Tub

    Cabin · 4 bd · 4 ba · sleeps 12 · 0.7 mi

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

    Revenue $96,022ADR $488Occ ≈ 54%5★ (33)

    AirbnbVrbo

  • Emily's Hideaway | Mtn Views, Hot Tub, Pool Table

    Cabin · 4 bd · 4 ba · sleeps 11 · 0.7 mi

    Revenue $123,872ADR $349Occ ≈ 97%4.7★ (67)

    AirbnbBooking

  • Mtn cabin w/ fireworks view! Heated pool & hot tub

    Cabin · 4 bd · 4 ba · sleeps 12 · 0.7 mi

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

    Revenue $124,874ADR $522Occ ≈ 66%4.9★ (88)

    AirbnbVrboBooking

  • 4 Bedroom Condo - 4 Kings

    Condominium (condo) · 4 bd · 4 ba · sleeps 10 · 0.7 mi

    Revenue $77,157ADR $414Occ ≈ 51%5★ (2)

    Airbnb

  • Four Bedroom Condo - 4 Kings

    Condominium (condo) · 4 bd · 4 ba · sleeps 10 · 0.7 mi

    Revenue $21,635ADR $1,947Occ ≈ 3%5★ (1)

    Delisted

  • 1 Min to Parkway|4 King BRs|Hot Tub|Pool|Dogs

    Cabin · 4 bd · 4 ba · sleeps 11 · 0.7 mi

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

    Revenue $121,674ADR $489Occ ≈ 68%5★ (160)

    AirbnbVrbo

  • Family Cabin with Indoor Pool, Hot-Tub and Pool Table in Tennessee

    Cabin · 4 bd · 4 ba · sleeps 12 · 0.7 mi

    Revenue $104,536ADR $560Occ ≈ 51%—

    Booking

  • Location Location - 4BR/4BA Cabin w/ Private Pool

    Cabin · 4 bd · 4 ba · sleeps 10 · 0.7 mi

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

    Revenue $89,714ADR $435Occ ≈ 57%4.8★ (103)

    AirbnbVrbo

  • Heated Indoor Saltwater Pool*Hot Tub*Game Room

    Cabin · 4 bd · 4 ba · sleeps 12 · 0.7 mi

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

    Revenue $88,296ADR $527Occ ≈ 46%5★ (67)

    AirbnbVrbo

  • Private Indoor Heated pool•Near Dollywood•4bd/4bth

    Cabin · 4 bd · 4 ba · sleeps 10 · 0.7 mi

    Revenue $41,068ADR $572Occ ≈ 20%5★ (3)

    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

$77,797

NOI

$45,153

Cash flow /mo

$3,763

Cash needed

$860,896

Cash-on-cash (all cash)

5.2%

ROE (yr 1)

8.0%

Cap rate

5.6%

DSCR

—

Year-1 write-off

$145,734

Year-1 tax shield @ 32%

$46,635

Year-1 return on equity

  • Cash flow (annual)$45,153
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$23,997
ROE8.0%

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)$15,559
  • Platform fees (3% of revenue)$2,334
  • Maintenance / capex (5% of revenue)$3,890
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$1,861
  • Insurance (STR-rated)$4,799

Cash needed to close

  • Purchase price (all cash)$799,900
  • Closing costs (4.0%)$31,996
  • Furnishing (bought new)$29,000

Tax savings if the STR loophole applies

  • Tax shield @ 32%$46,635

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

$720,000

Short-life (5/15-yr)

$116,000 · 16%

Year-1 deduction

$146,000

Year-1 tax shield @ 32%

$47,000

Land 10% (county tax record, market value split) · building $604,000 over 39 years · new furniture $29,000

Based on: 3,840 sq ft, built 2003, 4 bd / 5 ba, unfurnished, listing features (deck, game room, fireplace, flooring types, appliance list).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $81,000 in year 1 (7% short-life, $26,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$79,700
  • Kitchen cabinetsdefault

    $14,200 new × 40% good × 1.81 allocation

    $10,300
  • Kitchen countertopsdefault

    $11,600 new × 40% good × 1.81 allocation

    $8,400
  • Decorative trimdefault

    $6,700 new × 40% good × 1.81 allocation

    $4,900
  • Mirrorsdefault

    $800 new × 40% good × 1.81 allocation

    $500
  • Shelvingdefault

    $1,500 new × 40% good × 1.81 allocation

    $1,100
  • Window coverings (38)default

    $9,500 new × 40% good × 1.81 allocation

    $6,900
  • Kitchen & laundry equipment plumbingdefault

    $11,100 new × 54% good × 1.81 allocation

    $10,800
  • Kitchen, laundry & data equipment electricaldefault

    $6,700 new × 54% good × 1.81 allocation

    $6,500
  • Appliances (range)listing

    $1,800 new × 40% good × 1.81 allocation

    $1,300
  • Furniture bought newlisting

    $23,000 new × 100% good · bought separately

    $23,000
  • Game-room equipment bought newlisting

    $6,000 new × 100% good · bought separately

    $6,000
15-year land improvements$65,300
  • Paving: driveway & walks (paved)listing

    $12,800 new × 50% good × 1.81 allocation

    $11,600
  • Landscaping (typical)default

    $12,400 new × 50% good × 1.81 allocation

    $11,200
  • Patiosdefault

    $3,800 new × 50% good × 1.81 allocation

    $3,400
  • Decks & porches (attached)listing

    $43,200 new × 50% good × 1.81 allocation

    $39,100
Building, 39-year$604,300
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $417,300 new × 62% good × 1.81 allocation

    $465,900
  • Building plumbing & fixturesdefault

    $43,300 new × 54% good × 1.81 allocation

    $42,400
  • Building electrical & lightingdefault

    $45,900 new × 54% good × 1.81 allocation

    $44,900
  • HVACdefault

    $43,300 new × 40% good × 1.81 allocation

    $31,300
  • Hardwood & tile floorsdefault

    $24,700 new × 40% good × 1.81 allocation

    $17,900
  • Fireplacelisting

    $2,600 new × 40% good × 1.81 allocation

    $1,900

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$79,700$65,300$600$145,700
2$0$0$15,500$15,500
3$0$0$15,500$15,500
4$0$0$15,500$15,500
5$0$0$15,500$15,500
6+$0$0$541,600$541,600
Total$79,700$65,300$604,300$749,400

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

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