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

1429 Zurich Rd

1429 Zurich Rd

Gatlinburg, TN 37738

$389,900

3 bd · 2 ba · 1,164 sqft · Listed 2d ago

View on Realtor.com →

Year built

1972

Sqft

1,164

Lot sqft

15,682

HOA / mo

$38

Furnished

No

List date

2026-10-08T15:33:37.000000Z

Revenue

Annual revenue

$57,195

ADR

$275

Occupancy

57%

Cleaning fees (12 mo)

$10,612

Confidence

Med (58.81), 50 comps

Comp revenue range (p25 / median / p75)

$40,673$53,694$65,986

Median revenue of shown comps: $55,678

  • Chalet All Day

    Chalet · 3 bd · 2.5 ba · sleeps 10 · 62 ft

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

    Revenue $48,577ADR $386Occ ≈ 34%4.5★ (17)

    AirbnbVrbo

  • 5 Min to Gatlinburg-Hot Tub-Air Hockey-Cozy Cabin

    Chalet · 3 bd · 3 ba · sleeps 8 · 128 ft

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

    Revenue $64,006ADR $283Occ ≈ 62%4.9★ (89)

    AirbnbVrbo

  • Hideaway Chalet - Serene Soaks in the Treetops

    Cabin · 3 bd · 2 ba · sleeps 8 · 259 ft

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

    Revenue $37,547ADR $296Occ ≈ 35%4.3★ (3)

    AirbnbVrbo

  • Million Dollar Full Mt LeConte View - Last Minute Openings Oct & Nov

    Chalet · 3 bd · 2 ba · sleeps 8 · 282 ft

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

    Revenue $48,160ADR $323Occ ≈ 41%5★ (330)

    Vrbo

  • Smoky Chalet •Mtn View w/ Hot Tub & Fire Pit

    Cabin · 3 bd · 2 ba · sleeps 6 · 335 ft

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

    Revenue $34,789ADR $308Occ ≈ 31%4.8★ (26)

    AirbnbVrbo

  • Gatlinburg Cabin · Views + Arcade · Hot Tub

    Cabin · 3 bd · 3 ba · sleeps 9 · 335 ft

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

    Revenue $99,583ADR $382Occ ≈ 71%4.8★ (231)

    AirbnbVrboBooking

  • Cozy Cabin, Pvt. Hot Tub, 2 miles to Gatlinburg

    Chalet · 3 bd · 2 ba · sleeps 8 · 427 ft

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

    Revenue $40,830ADR $241Occ ≈ 46%5★ (33)

    AirbnbVrbo

  • Deck & Stunning Mountain Views: Gatlinburg Home!

    House · 3 bd · 2 ba · sleeps 9 · 505 ft

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

    Revenue $58,080ADR $292Occ ≈ 54%4.5★ (249)

    AirbnbVrboBooking

  • Hot Tub, Game Room, Fire Pit, Pickleball!

    House · 3 bd · 2 ba · sleeps 8 · 522 ft

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

    Revenue $49,975ADR $295Occ ≈ 46%4.8★ (129)

    AirbnbVrbo

  • ONE Beary Good View 3BR-2BA in Gatlinburg Sleeps 9

    Cabin · 3 bd · 2 ba · sleeps 9 · 0.1 mi

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

    Revenue $48,020ADR $221Occ ≈ 60%5★ (31)

    AirbnbVrbo

Show 37 more
  • Amazing Autumn: Hot Tub/Theater/~5 min to GSMNP

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

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

    Revenue $74,413ADR $321Occ ≈ 64%5★ (171)

    AirbnbVrbo

  • Paradise Vista, Amazing Mtn Views, Hot Tub, 560 FREE tickets each paid day!!!

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

    Revenue $72,762ADR $224Occ ≈ 89%4.4★ (4)

    Booking

  • Honey Bear Cabin w/ Mt LeConte Views in Gatlinburg

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.1 mi

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

    Revenue $61,173ADR $313Occ ≈ 54%4.9★ (403)

    AirbnbVrboBooking

  • Majestic mtn views! Gatlinburg & GSMNP is 5 min!

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

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

    Revenue $112,474ADR $459Occ ≈ 67%5★ (245)

    AirbnbVrboBooking

  • Peaceful views! Easy drive, Flat Parking, HotTub

    Cabin · 3 bd · 2.5 ba · sleeps 10 · 0.1 mi

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

    Revenue $105,636ADR $438Occ ≈ 66%4.9★ (243)

    AirbnbVrbo

  • Mtn view 3BR w/Game Room & Free Attraction Tickets

    Cabin · 3 bd · 3 ba · sleeps 10 · 0.1 mi

    Revenue $41,571ADR $268Occ ≈ 42%4.2★ (21)

    Airbnb

  • Chalet Village Cabin, Sleeps 9, Mtn View, 360 Deck

    Cabin · 3 bd · 2 ba · sleeps 9 · 0.1 mi

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

    Revenue $36,698ADR $293Occ ≈ 34%5★ (3)

    AirbnbVrbo

  • Ski, Play & Relax • Chalet Village • 5 Min to Ober

    Chalet · 3 bd · 2.5 ba · sleeps 10 · 0.1 mi

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

    Revenue $67,513ADR $292Occ ≈ 63%4.9★ (369)

    AirbnbVrboBooking

  • Smoky Mountain Mist Cabins “Mountain Mist Getaway”

    Cabin · 3 bd · 2.5 ba · sleeps 6 · 0.1 mi

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

    Revenue $46,867ADR $254Occ ≈ 51%4.9★ (126)

    Airbnb

  • Three Pines 2139 - Game Room + Hot Tub!

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

    Revenue $21,649ADR $306Occ ≈ 19%4.6★ (83)

    AirbnbBooking

  • Treetops Luxury Cabin w/ Hot Tub & Mt LeConte View

    Chalet · 3 bd · 2 ba · sleeps 7 · 0.1 mi

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

    Revenue $63,671ADR $304Occ ≈ 57%4.8★ (263)

    AirbnbVrboBooking

  • Billiards, hot tub - 2 minutes from ski resort !

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.1 mi

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

    Revenue $60,620ADR $252Occ ≈ 66%4.7★ (353)

    AirbnbVrboBooking

  • Great Views of Smokys

    Cabin · 3 bd · 3 ba · sleeps 10 · 0.1 mi

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

    Revenue $33,142ADR $291Occ ≈ 31%5★ (348)

    AirbnbVrbo

  • Cozy Cabin W Hot Tub, Sleeps 10・Mtn View・Game Room

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

    Revenue $26,496ADR $220Occ ≈ 33%4.6★ (6)

    AirbnbBooking

  • Free Ticket to Dollywood, Anakeesta, and other area attractions!

    Chalet · 3 bd · 2 ba · sleeps 6 · 0.2 mi

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

    Revenue $15,597ADR $224Occ ≈ 19%4.8★ (9)

    Vrbo

  • 2 Mi to Town! Gatlinburg Chalet w/ Hot Tub

    Cottage · 3 bd · 1.5 ba · sleeps 6 · 0.2 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +2

    Revenue $55,678ADR $167Occ ≈ 91%4.4★ (97)

    AirbnbVrboBooking

  • Whispering Bears Chalet

    Vacation home · 3 bd · 2 ba · sleeps 8 · 0.2 mi

    Revenue $41,046ADR $265Occ ≈ 42%4.8★ (2)

    Booking

  • ECHO PLACE - A Cozy Family Base Camp to Explore!

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

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

    Revenue $41,407ADR $219Occ ≈ 52%4.8★ (360)

    AirbnbVrbo

  • Beautiful Cabin in Chalet Village. Hot Tub, 3 Decks, Stunning Mountain Views

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

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

    Revenue $56,011ADR $299Occ ≈ 51%4.9★ (27)

    Vrbo

  • Book Your Fall Break Now! 2 miles to Downtown

    Cabin · 3 bd · 2 ba · sleeps 10 · 0.2 mi

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

    Revenue $61,373ADR $255Occ ≈ 66%4.8★ (287)

    AirbnbVrbo

  • Gatlinburg Chalet with Incredible Views

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

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

    Revenue $42,927ADR $260Occ ≈ 45%3★ (3)

    AirbnbVrbo

  • Smokies View - Mtn Views, Hot Tub, Gatlinburg,Ober

    Cabin · 3 bd · 3 ba · sleeps 9 · 0.2 mi

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

    Revenue $27,972ADR $284Occ ≈ 27%4.8★ (18)

    AirbnbVrbo

  • The Black Chalet! Close to pkwy! Arcade

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

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

    Revenue $76,016ADR $393Occ ≈ 53%4.5★ (71)

    AirbnbVrbo

  • Grand Ole Chalet - Views, views, and views!

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

    Revenue $103,820ADR $336Occ ≈ 85%4.3★ (55)

    AirbnbBooking

  • Serenity Ldg MtnViews•HotTub•2 LvgRms •2K, 1Q bed

    Cabin · 3 bd · 3 ba · sleeps 6 · 0.2 mi

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

    Revenue $61,423ADR $371Occ ≈ 45%4.9★ (62)

    AirbnbVrbo

  • Ober Lux Chalet/1 Mile from Downtown/MT Views

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

    Revenue $56,151ADR $465Occ ≈ 33%4.8★ (6)

    Airbnb

  • Mt LeConte Views · Hot Tub + Fire Pit · Gatlinburg

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

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

    Revenue $77,608ADR $375Occ ≈ 57%4.9★ (105)

    AirbnbVrboBooking

  • Fall Sale - Book Now! • Hot Tub • Game Room

    Cabin · 3 bd · 2 ba · sleeps 10 · 0.2 mi

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

    Revenue $79,174ADR $327Occ ≈ 66%4.8★ (126)

    AirbnbVrbo

  • Bear Necessities TN

    House · 3 bd · 2.5 ba · sleeps 6 · 0.2 mi

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

    Revenue $40,831ADR $223Occ ≈ 50%5★ (118)

    AirbnbVrbo

  • ChaletVillage Mountain View, HotTub, Pet Friendly

    Cabin · 3 bd · 3 ba · sleeps 6 · 0.2 mi

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

    Revenue $19,648ADR $326Occ ≈ 17%4.7★ (4)

    AirbnbVrboBooking

  • Ober Chalet Retreat

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

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

    Revenue $40,620ADR $360Occ ≈ 31%4.9★ (31)

    Airbnb

  • Three bedroom chalet minutes from the Gatlinburg strip

    Chalet · 3 bd · 1.5 ba · sleeps 8 · 0.2 mi

    Revenue $35,892ADR $197Occ ≈ 50%4.4★ (10)

    Delisted

  • Black Bear

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

    Revenue $71,455ADR $278Occ ≈ 70%4.8★ (8)

    Delisted

  • Little Red Riding Hood Chalet • Views • Hot Tub!

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

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

    Revenue $35,085ADR $311Occ ≈ 31%4.9★ (16)

    AirbnbVrboBooking

  • 5* Chalet~OberTram~HotTub~GmRm~FireTable~PS5~Bears

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

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

    Revenue $92,654ADR $354Occ ≈ 72%5★ (42)

    AirbnbVrbo

  • Gatlinburg Treasure Discover Your Mountain Gem

    Chalet · 3 bd · 3 ba · sleeps 6 · 0.2 mi

    Revenue $56,486ADR $270Occ ≈ 57%—

    Booking

  • Epic Views| Fall Colors| Dog Friendly| Chalet Vill

    House · 3 bd · 2.5 ba · sleeps 7 · 0.2 mi

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

    Revenue $61,206ADR $301Occ ≈ 56%4.8★ (165)

    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
Management
Term

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

Est. revenue

$57,195

NOI

$32,102

Cash flow /mo

$499

Cash needed

$132,571

Cash-on-cash

4.5%

ROE (yr 1)

15.1%

Cap rate

8.2%

DSCR

1.23

Year-1 write-off

$102,614

Year-1 tax shield @ 32%

$32,836

Year-1 return on equity

  • Cash flow (annual)$5,986
  • Principal paydown$2,371
  • Appreciation at%$11,697
ROE15.1%

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)$11,439
  • Platform fees (3% of revenue)$1,716
  • Maintenance / capex (5% of revenue)$2,860
  • Utilities & supplies$4,200
  • HOA$456
  • Property tax$2,083
  • Insurance (STR-rated)$2,339

Cash needed to close

  • Down payment (25%)$97,475
  • Closing costs (4.0%)$15,596
  • Furnishing (bought new)$19,500

Tax savings if the STR loophole applies

  • Tax shield @ 32%$32,836

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

$285,000

Short-life (5/15-yr)

$83,000 · 29%

Year-1 deduction

$103,000

Year-1 tax shield @ 32%

$33,000

Land 27% (county tax record, market value split) · building $202,000 over 39 years · new furniture $20,000

Based on: 1,164 sq ft, built 1972, 3 bd / 2 ba, unfurnished, listing features (hot tub, fireplace, flooring types, appliance list, septic).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $80,000 in year 1 (21% short-life, $26,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$79,900
  • Kitchen cabinetsdefault

    $8,400 new × 40% good × 2.78 allocation

    $9,300
  • Kitchen countertopsdefault

    $6,800 new × 40% good × 2.78 allocation

    $7,600
  • Decorative trimdefault

    $2,000 new × 40% good × 2.78 allocation

    $2,300
  • Mirrorsdefault

    $300 new × 40% good × 2.78 allocation

    $300
  • Shelvingdefault

    $1,200 new × 40% good × 2.78 allocation

    $1,300
  • Window coverings (12)default

    $3,000 new × 40% good × 2.78 allocation

    $3,300
  • Carpet, vinyl & laminate (100% of floors)listing

    $7,500 new × 40% good × 2.78 allocation

    $8,300
  • Kitchen & laundry equipment plumbingdefault

    $6,500 new × 40% good × 2.78 allocation

    $7,200
  • Kitchen, laundry & data equipment electricaldefault

    $3,900 new × 40% good × 2.78 allocation

    $4,400
  • Appliances (range, microwave, dishwasher, refrigerator)listing

    $5,700 new × 40% good × 2.78 allocation

    $6,300
  • Hot tub (freestanding)listing

    $9,000 new × 40% good × 2.78 allocation

    $10,000
  • Furniture bought newlisting

    $19,500 new × 100% good · bought separately

    $19,500
15-year land improvements$22,500
  • Paving: driveway & walks (paved)listing

    $7,100 new × 50% good × 2.78 allocation

    $9,800
  • Landscaping (typical)default

    $6,800 new × 50% good × 2.78 allocation

    $9,500
  • Patiosdefault

    $1,100 new × 50% good × 2.78 allocation

    $1,600
  • Decks & porches (attached)default

    $1,100 new × 50% good × 2.78 allocation

    $1,600
Building, 39-year$201,800
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $125,700 new × 40% good × 2.78 allocation

    $139,700
  • Building plumbing & fixturesdefault

    $13,000 new × 40% good × 2.78 allocation

    $14,500
  • Building electrical & lightingdefault

    $12,000 new × 40% good × 2.78 allocation

    $13,400
  • HVACdefault

    $13,100 new × 40% good × 2.78 allocation

    $14,600
  • Fireplacelisting

    $2,600 new × 40% good × 2.78 allocation

    $2,900
  • Septic systemlisting

    $12,000 new × 50% good × 2.78 allocation

    $16,700

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$79,900$22,500$200$102,600
2$0$0$5,200$5,200
3$0$0$5,200$5,200
4$0$0$5,200$5,200
5$0$0$5,200$5,200
6+$0$0$180,900$180,900
Total$79,900$22,500$201,800$304,200

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.