320 Lynn Dr
Sevierville, TN 37862
$399,900
3 bd · 2 ba · 1,334 sqft · Listed 1d ago
View on Realtor.com →Year built
1968
Sqft
1,334
Lot sqft
22,216
HOA / mo
$0
Furnished
No
List date
2026-09-30T21:02:03.000000Z
Revenue
Annual revenue
$33,715
ADR
$190
Occupancy
49%
Cleaning fees (12 mo)
$8,097
Confidence
Med (53.51), 19 comps
Comp revenue range (p25 / median / p75)
Gorgeous 3 bed, 2 bath condo on the river!
Condominium (condo) · 3 bd · 2 ba · sleeps 8 · 0.5 mi
Revenue $27,593ADR $198Occ ≈ 38%4.9★ (231)
Luxury Condo! 4 Miles To Dollywood, Easy Walk To Shops & Restaurants
Condominium (condo) · 3 bd · 2 ba · sleeps 6 · 0.5 mi
Revenue $15,124ADR $304Occ ≈ 14%5★ (162)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
SALE! 2 Min to Pkwy! Luxury Apt Best Price Apartment | 3 bd · 2 ba · sleeps 6 | $37,980 | $181 | 57% | 4.8★ (83) | 0.3 mi | AirbnbVrbo |
SAVE! 2 Min to Pkwy! Luxury Apt Best Price Apartment | 3 bd · 2 ba · sleeps 8 | $34,859 | $166 | 58% | 4.8★ (99) | 0.3 mi | AirbnbVrboBooking |
SAVE! 2 Min to Pkwy! Luxury Apt Best Price Apartment | 3 bd · 2 ba · sleeps 8 | $35,030 | $179 | 54% | 4.8★ (100) | 0.3 mi | AirbnbVrbo |
Cowboys Ranch w/ Scenic Horse Views & Swim Spa Cabin | 3 bd · 3 ba · sleeps 10 | $61,434 | $243 | 69% | 4.8★ (24) | 0.3 mi | AirbnbBooking |
SAVE! 2 Min to Pkwy! Luxury Apt Best Price Apartment | 3 bd · 2 ba · sleeps 8 | $38,424 | $170 | 62% | 4.8★ (98) | 0.3 mi | AirbnbVrboBooking |
3BR*Swim Spa*Fire Pit*Games*1 Min to Pigeon Forge Cabin | 3 bd · 3 ba · sleeps 10 | $4,637 | $185 | 7% | — | 0.3 mi | AirbnbVrbo |
River Crossing Condo in the Smokies Apartment | 3 bd · 2 ba · sleeps 6 | $19,715 | $239 | 23% | 4.9★ (168) | 0.4 mi | AirbnbVrboBooking |
Gorgeous 3 bed, 2 bath condo on the river! Condominium (condo) | 3 bd · 2 ba · sleeps 8 | $27,593 | $198 | 38% | 4.9★ (231) | 0.5 mi | Vrbo |
Luxury Condo! 4 Miles To Dollywood, Easy Walk To Shops & Restaurants Condominium (condo) | 3 bd · 2 ba · sleeps 6 | $15,124 | $304 | 14% | 5★ (162) | 0.5 mi | Vrbo |
4.3 Mi to Dollywood・Riverfront Condo・Hot Tub・Pool Condominium (condo) | 3 bd · 2 ba · sleeps 6 | $14,594 | $236 | 17% | 4.8★ (6) | 0.5 mi | AirbnbVrboBooking |
Show all 19 comps
River Crossing Resort
Vacation home · 3 bd · 2 ba · sleeps 6 · 0.5 mi
Revenue $25,222ADR $213Occ ≈ 32%4.8★ (66)
Spacious Family home w/ Mtn Views, 1mi to Parkway!
House · 3 bd · 3 ba · sleeps 7 · 0.7 mi
Revenue $47,456ADR $250Occ ≈ 52%5★ (43)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
3 BR Riverfront Luxury Condo in Perfect Location Condominium (condo) | 3 bd · 2 ba · sleeps 8 | $34,849 | $235 | 41% | 5★ (378) | 0.5 mi | AirbnbVrbo |
River Crossing Resort Vacation home | 3 bd · 2 ba · sleeps 6 | $25,222 | $213 | 32% | 4.8★ (66) | 0.5 mi | Booking |
Still Waters: Find Your Calm in the Smokies Condominium (condo) | 3 bd · 2 ba · sleeps 8 | $28,741 | $242 | 33% | 4.4★ (9) | 0.5 mi | AirbnbVrbo |
River-View 3BR w/ Free Attraction Tickets Condominium (condo) | 3 bd · 2 ba · sleeps 6 | $56,668 | $282 | 55% | 4.7★ (32) | 0.5 mi | AirbnbVrboBooking |
3 BR Luxury Riverfront Condo in Perfect Location Condominium (condo) | 3 bd · 2 ba · sleeps 8 | $31,762 | $235 | 37% | 5★ (362) | 0.5 mi | AirbnbVrbo |
Serene Family Getaway・Near Parkway・Games・Hot Tub Cabin | 3 bd · 2 ba · sleeps 6 | $30,604 | $219 | 38% | 4.8★ (21) | 0.6 mi | AirbnbVrboBooking |
3BR w/ game room, free attraction tickets, hot tub Cabin | 3 bd · 2 ba · sleeps 6 | $12,620 | $283 | 12% | 4.8★ (11) | 0.6 mi | AirbnbVrboBooking |
Dolly Parton Themed Rancher. Minutes from Shopping and Dollywood Chalet | 3 bd · 2 ba · sleeps 10 | $31,603 | $234 | 37% | 4.4★ (19) | 0.7 mi | VrboBooking |
Spacious Family home w/ Mtn Views, 1mi to Parkway! House | 3 bd · 3 ba · sleeps 7 | $47,456 | $250 | 52% | 5★ (43) | 0.7 mi | 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
Rate 7.78% = 7.03% Freddie Mac 30-yr avg (Sep 24) + 0.75% investor premium
Est. revenue
$33,715
NOI
$16,997
Cash flow /mo
-$738
Cash needed
$135,471
Cash-on-cash
-6.5%
ROE (yr 1)
4.2%
Cap rate
4.3%
DSCR
0.66
Year-1 write-off
$109,094
Year-1 tax shield @ 32%
$34,910
Year-1 return on equity
- Cash flow (annual)-$8,862
- Principal paydown$2,617
- Appreciation at%$11,997
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)$6,743
- Platform fees (3% of revenue)$1,011
- Maintenance / capex (5% of revenue)$1,686
- Utilities & supplies$4,200
- HOA$0
- Property tax$678
- Insurance (STR-rated)$2,399
Cash needed to close
- Down payment (25%)$99,975
- Closing costs (4.0%)$15,996
- Furnishing (bought new)$19,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$34,910
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
$299,000
Short-life (5/15-yr)
$89,000 · 30%
Year-1 deduction
$109,000
Year-1 tax shield @ 32%
$35,000
Land 25% (county tax record, market value split) · building $210,000 over 39 years · new furniture $20,000
Based on: 1,334 sq ft, built 1968, 3 bd / 2 ba, unfurnished, listing features (deck, fireplace, flooring types, appliance list).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $68,000 in year 1 (16% short-life, $22,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $9,300
Kitchen cabinetsdefault
$8,700 new × 40% good × 2.67 allocation
- $7,600
Kitchen countertopsdefault
$7,100 new × 40% good × 2.67 allocation
- $2,500
Decorative trimdefault
$2,300 new × 40% good × 2.67 allocation
- $300
Mirrorsdefault
$300 new × 40% good × 2.67 allocation
- $1,300
Shelvingdefault
$1,200 new × 40% good × 2.67 allocation
- $3,500
Window coverings (13)default
$3,300 new × 40% good × 2.67 allocation
- $3,100
Carpet, vinyl & laminate (33% of floors)listing
$2,900 new × 40% good × 2.67 allocation
- $7,200
Kitchen & laundry equipment plumbingdefault
$6,800 new × 40% good × 2.67 allocation
- $4,400
Kitchen, laundry & data equipment electricaldefault
$4,100 new × 40% good × 2.67 allocation
- $8,200
Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing
$7,700 new × 40% good × 2.67 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $10,100
Paving: driveway & walks (paved)default
$7,600 new × 50% good × 2.67 allocation
- $9,700
Landscaping (typical)default
$7,300 new × 50% good × 2.67 allocation
- $1,800
Patiosdefault
$1,300 new × 50% good × 2.67 allocation
- $20,000
Decks & porches (attached)listing
$15,000 new × 50% good × 2.67 allocation
- $153,900
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$144,300 new × 40% good × 2.67 allocation
- $16,000
Building plumbing & fixturesdefault
$15,000 new × 40% good × 2.67 allocation
- $15,100
Building electrical & lightingdefault
$14,200 new × 40% good × 2.67 allocation
- $16,000
HVACdefault
$15,000 new × 40% good × 2.67 allocation
- $6,100
Hardwood & tile floorsdefault
$5,700 new × 40% good × 2.67 allocation
- $2,800
Fireplacelisting
$2,600 new × 40% good × 2.67 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $66,900 | $41,600 | $700 | $109,100 |
| 2 | $0 | $0 | $5,400 | $5,400 |
| 3 | $0 | $0 | $5,400 | $5,400 |
| 4 | $0 | $0 | $5,400 | $5,400 |
| 5 | $0 | $0 | $5,400 | $5,400 |
| 6+ | $0 | $0 | $187,700 | $187,700 |
| Total | $66,900 | $41,600 | $209,900 | $318,300 |
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
STR allowed in most of Sevier County; inside Gatlinburg city limits only in overnight-rental zones.