514 Indian Gap Rd
Sevierville, TN 37876
$447,500
3 bd · 2.5 ba · 3,036 sqft · Listed 3d ago
View on Realtor.com →Year built
2015
Sqft
3,036
Lot sqft
46,174
HOA / mo
$0
Furnished
No
List date
2026-11-09T21:17:43.000000Z
Revenue
Annual revenue
$55,368
ADR
$243
Occupancy
62%
Cleaning fees (12 mo)
$12,291
Confidence
Med (55.06), 42 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $52,615
Resort Cabin-Hot Tub-Game Room-Pool Table-Private
Cabin · 3 bd · 2 ba · sleeps 6 · 0.3 mi
Revenue $32,444ADR $248Occ ≈ 36%4.8★ (96)
Soaring Eagle by Avada Properties
Vacation home · 3 bd · 2 ba · sleeps 8 · 0.4 mi
Revenue $47,524ADR $196Occ ≈ 66%—
NEW 3BD Log Cabin with HOT TUB! Pool Table +WiFi
Cabin · 3 bd · 2 ba · sleeps 8 · 0.4 mi
Revenue $64,865ADR $259Occ ≈ 69%5★ (158)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Nice Cabin, Sleeps 8, Arcade Games & Hot TUB! Cabin
| 3 bd · 2 ba · sleeps 8 | $52,986 | $220 | 66% | 5★ (218) | 0.3 mi | AirbnbVrbo |
Resort Cabin-Hot Tub-Game Room-Pool Table-Private Cabin | 3 bd · 2 ba · sleeps 6 | $32,444 | $248 | 36% | 4.8★ (96) | 0.3 mi | Airbnb |
Cozy 3BR Cabin with Hot Tub, Pool Table & Arcade Cabin
| 3 bd · 2 ba · sleeps 8 | $23,216 | $262 | 24% | 4.9★ (9) | 0.4 mi | AirbnbVrboBooking |
Soaring Eagle by Avada Properties Vacation home | 3 bd · 2 ba · sleeps 8 | $47,524 | $196 | 66% | — | 0.4 mi | Booking |
Out on a Limb Cabin
| 3 bd · 2 ba · sleeps 8 | $33,560 | $204 | 45% | 4.8★ (414) | 0.4 mi | AirbnbVrbo |
New Comfy 3 Bedroom Cabin w/ Game Room & Hot Tub Cabin
| 3 bd · 2 ba · sleeps 8 | $45,651 | $238 | 53% | 4.9★ (169) | 0.4 mi | AirbnbVrbo |
NEW 3BD Log Cabin with HOT TUB! Pool Table +WiFi Cabin | 3 bd · 2 ba · sleeps 8 | $64,865 | $259 | 69% | 5★ (158) | 0.4 mi | Airbnb |
Modern Cabin w/ Hot Tub-Pool-Arcade Near Soaky Mtn Cabin | 3 bd · 2 ba · sleeps 6 | $2,177 | $394 | 2% | 4.8★ (125) | 0.4 mi | AirbnbBooking |
New Cabin Near Dollywood | Hot Tub |Stunning Views Cabin | 3 bd · 3 ba · sleeps 8 | $34,273 | $281 | 33% | 5★ (12) | 0.4 mi | AirbnbBooking |
Eagle Star Cabin : Scenic Smokies, Hot Tub & Pool Cabin
| 3 bd · 2 ba · sleeps 6 | $69,213 | $221 | 86% | 5★ (273) | 0.5 mi | AirbnbVrbo |
Show 28 more
Rocky Top Heaven - Arcade Game, Resort Pool, 560 FREE tickets each paid day!!!
Chalet · 3 bd · 2 ba · sleeps 6 · 0.5 mi
Revenue $51,780ADR $222Occ ≈ 64%4.7★ (4)
Majestic Elk Hideaway by Avada Properties
Vacation home · 3 bd · 2 ba · sleeps 6 · 0.5 mi
Revenue $64,313ADR $224Occ ≈ 79%5★ (2)
Beautiful Cabin near Dollywood w/Hot tub & Views
Cabin · 3 bd · 3 ba · sleeps 8 · 0.5 mi
Revenue $96,846ADR $433Occ ≈ 61%5★ (14)
Delisted
Private Indoor Heated Pool, Hot Tub, Arcade, Views
Vacation home · 3 bd · 2 ba · sleeps 6 · 0.6 mi
Revenue $107,356ADR $372Occ ≈ 79%4.5★ (4)
Fire Pit, 85° Heated Pool, Hot Tub, Game Area
Cabin · 3 bd · 2 ba · sleeps 8 · 0.7 mi
Revenue $14,775ADR $302Occ ≈ 13%5★ (8)
Fire Pit, 85° Heated Pool, Hot Tub, Game Area
Cabin · 3 bd · 2 ba · sleeps 8 · 0.7 mi
Revenue $76,510ADR $334Occ ≈ 63%5★ (53)
Smoky Mountain Hideout by Avada Properties
Vacation home · 3 bd · 2 ba · sleeps 8 · 0.7 mi
Revenue $55,543ADR $209Occ ≈ 73%—
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Rocky Top Heaven - Arcade Game, Resort Pool, 560 FREE tickets each paid day!!! Chalet | 3 bd · 2 ba · sleeps 6 | $51,780 | $222 | 64% | 4.7★ (4) | 0.5 mi | Booking |
Bootlegger Cabin | Hot Tub | NERF Wall | Arcade Cabin
| 3 bd · 2 ba · sleeps 10 | $69,954 | $297 | 65% | 4.8★ (218) | 0.5 mi | AirbnbVrboBooking |
Resort Pool, theater, game loft, handicap friendly Cabin
| 3 bd · 3 ba · sleeps 8 | $90,660 | $276 | 90% | 4.9★ (281) | 0.5 mi | AirbnbVrbo |
Perfect Cabin with Hot Tub, Grill, EV Charger Cabin
| 3 bd · 2 ba · sleeps 8 | $46,762 | $223 | 57% | 5★ (174) | 0.5 mi | AirbnbVrbo |
Majestic Elk Hideaway by Avada Properties Vacation home | 3 bd · 2 ba · sleeps 6 | $64,313 | $224 | 79% | 5★ (2) | 0.5 mi | Booking |
Camp-Style Cabin Near Pigeon Forge: Fire Pit, Deck Cabin
| 3 bd · 2 ba · sleeps 6 | $52,957 | $243 | 60% | 4.6★ (53) | 0.5 mi | AirbnbVrboBooking |
Beautiful Cabin near Dollywood w/Hot tub & Views Cabin | 3 bd · 3 ba · sleeps 8 | $96,846 | $433 | 61% | 5★ (14) | 0.5 mi | Delisted |
Luxury A-Frame Retreat | Hot Tub, Fire Pit & Games Cabin
| 3 bd · 3 ba · sleeps 8 | $94,489 | $314 | 82% | 5★ (66) | 0.5 mi | AirbnbVrboBooking |
Fair Bear Den Cabin
| 3 bd · 2 ba · sleeps 6 | $41,716 | $220 | 52% | 5★ (190) | 0.6 mi | AirbnbVrbo |
Private Indoor Heated Pool, Hot Tub, Arcade, Views Cabin
| 3 bd · 2 ba · sleeps 6 | $81,602 | $295 | 76% | 4.8★ (176) | 0.6 mi | AirbnbVrbo |
NEW!- Indoor Heated Pool-Hot Tub-FirePit-Grill Cabin
| 3 bd · 3 ba · sleeps 8 | $61,070 | $316 | 53% | 4.7★ (145) | 0.6 mi | AirbnbVrbo |
Private Indoor Heated Pool, Hot Tub, Arcade, Views Vacation home | 3 bd · 2 ba · sleeps 6 | $107,356 | $372 | 79% | 4.5★ (4) | 0.6 mi | Booking |
Dreamy 2BR+Loft Retreat – Hot Tub | Gazebo | Quiet Cabin
| 3 bd · 2.5 ba · sleeps 8 | $52,182 | $243 | 59% | 5★ (189) | 0.6 mi | AirbnbVrbo |
Adorable 3BD Cabin! Hot Tub + Pool Table + Views! Cabin
| 3 bd · 2 ba · sleeps 10 | $74,965 | $277 | 74% | 5★ (207) | 0.7 mi | AirbnbVrbo |
Fall Fun - Game Room & Hot Tub Cabin
| 3 bd · 2.5 ba · sleeps 10 | $20,540 | $314 | 18% | 4.9★ (50) | 0.7 mi | AirbnbVrbo |
Hot Tub, Games & Pool: Sevierville Family Retreat Cabin
| 3 bd · 2 ba · sleeps 8 | $25,848 | $314 | 23% | 4.8★ (13) | 0.7 mi | AirbnbVrboBooking |
Fire Pit, 85° Heated Pool, Hot Tub, Game Area Cabin | 3 bd · 2 ba · sleeps 8 | $14,775 | $302 | 13% | 5★ (8) | 0.7 mi | Airbnb |
Fire Pit, 85° Heated Pool, Hot Tub, Game Area Cabin | 3 bd · 2 ba · sleeps 8 | $76,510 | $334 | 63% | 5★ (53) | 0.7 mi | Airbnb |
Cozy Cabin Near Dollywood & Pigeon Forge w/ HotTub House
| 3 bd · 2.5 ba · sleeps 8 | $5,807 | $226 | 7% | 5★ (1) | 0.7 mi | AirbnbVrbo |
Cozy Cabin: Fireplace, Arcade & Private Hot Tub Cabin
| 3 bd · 2 ba · sleeps 8 | $38,938 | $220 | 48% | 5★ (299) | 0.7 mi | AirbnbVrbo |
Prime Location! | King beds | Hot Tub | Game Loft Cabin
| 3 bd · 2 ba · sleeps 8 | $68,223 | $234 | 80% | 4.9★ (211) | 0.7 mi | AirbnbVrbo |
Private heated pool,305Mbps Wi-Fi-No Winding Roads Cabin
| 3 bd · 2 ba · sleeps 8 | $64,885 | $272 | 65% | 4.9★ (143) | 0.7 mi | AirbnbVrbo |
Smoky Mountain Cabin Fire Pit Near Waterparks Cabin
| 3 bd · 2 ba · sleeps 8 | $43,531 | $225 | 53% | 5★ (184) | 0.7 mi | AirbnbVrbo |
New mountain cabin moments away from attractions! Vacation home
| 3 bd · 2.5 ba · sleeps 8 | $69,337 | $251 | 76% | 5★ (181) | 0.7 mi | AirbnbVrbo |
Fire Pit, Pet Friendly, Fireplace + Free Tickets House
| 3 bd · 2 ba · sleeps 8 | $52,273 | $321 | 45% | 5★ (9) | 0.7 mi | AirbnbVrbo |
Retro Arcade Loft, Hot Tub, Family Fun, Soaky Mtn Cabin
| 3 bd · 2 ba · sleeps 8 | $41,031 | $262 | 43% | 4.6★ (41) | 0.7 mi | AirbnbVrbo |
Smoky Mountain Hideout by Avada Properties Vacation home | 3 bd · 2 ba · sleeps 8 | $55,543 | $209 | 73% | — | 0.7 mi | Booking |
Cabin Deals! • Hot tub, Games,Views & Dogs Cabin | 3 bd · 2.5 ba · sleeps 8 | $61,897 | $266 | 64% | 4.8★ (19) | 0.7 mi | AirbnbBooking |
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 7.93% = 7.18% Freddie Mac 30-yr avg (Nov 5) + 0.75% investor premium
Est. revenue
$55,368
NOI
$32,286
Cash flow /mo
$244
Cash needed
$155,275
Cash-on-cash
1.9%
ROE (yr 1)
12.4%
Cap rate
7.2%
DSCR
1.10
Year-1 write-off
$96,415
Year-1 tax shield @ 32%
$30,853
Year-1 return on equity
- Cash flow (annual)$2,930
- Principal paydown$2,843
- Appreciation at%$13,425
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)$11,074
- Platform fees (3% of revenue)$1,661
- Maintenance / capex (5% of revenue)$2,768
- Utilities & supplies$4,200
- HOA$0
- Property tax$694
- Insurance (STR-rated)$2,685
Cash needed to close
- Down payment (25%)$111,875
- Closing costs (4.0%)$17,900
- Furnishing (bought new)$25,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$30,853
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
$408,000
Short-life (5/15-yr)
$71,000 · 17%
Year-1 deduction
$96,000
Year-1 tax shield @ 32%
$31,000
Land 9% (county tax record, market value split) · building $338,000 over 39 years · new furniture $26,000
Based on: 3,036 sq ft, built 2015, 3 bd / 2.5 ba, unfurnished, listing features (deck, game room, fireplace, flooring types, appliance list, septic).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $64,000 in year 1 (9% short-life, $20,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $6,800
Kitchen cabinetsdefault
$12,500 new × 56% good × 0.97 allocation
- $5,500
Kitchen countertopsdefault
$10,200 new × 56% good × 0.97 allocation
- $2,900
Decorative trimdefault
$5,300 new × 56% good × 0.97 allocation
- $100
Mirrorsdefault
$300 new × 40% good × 0.97 allocation
- $700
Shelvingdefault
$1,200 new × 56% good × 0.97 allocation
- $2,900
Window coverings (30)default
$7,500 new × 40% good × 0.97 allocation
- $7,600
Carpet, vinyl & laminate (100% of floors)listing
$19,500 new × 40% good × 0.97 allocation
- $7,300
Kitchen & laundry equipment plumbingdefault
$9,700 new × 78% good × 0.97 allocation
- $4,400
Kitchen, laundry & data equipment electricaldefault
$5,900 new × 78% good × 0.97 allocation
- $1,900
Appliances (range, dishwasher, refrigerator)listing
$5,000 new × 40% good × 0.97 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $6,000
Game-room equipment bought newlisting
$6,000 new × 100% good · bought separately
- $6,200
Paving: driveway & walks (paved)default
$11,400 new × 56% good × 0.97 allocation
- $6,000
Landscaping (typical)default
$11,000 new × 56% good × 0.97 allocation
- $1,600
Patiosdefault
$3,000 new × 56% good × 0.97 allocation
- $16,600
Decks & porches (attached)listing
$34,200 new × 50% good × 0.97 allocation
- $261,700
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$330,200 new × 82% good × 0.97 allocation
- $25,900
Building plumbing & fixturesdefault
$34,200 new × 78% good × 0.97 allocation
- $27,100
Building electrical & lightingdefault
$35,800 new × 78% good × 0.97 allocation
- $14,900
HVACdefault
$34,200 new × 45% good × 0.97 allocation
- $1,400
Fireplacelisting
$2,600 new × 56% good × 0.97 allocation
- $6,500
Septic systemlisting
$12,000 new × 56% good × 0.97 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $65,700 | $30,400 | $400 | $96,400 |
| 2 | $0 | $0 | $8,700 | $8,700 |
| 3 | $0 | $0 | $8,700 | $8,700 |
| 4 | $0 | $0 | $8,700 | $8,700 |
| 5 | $0 | $0 | $8,700 | $8,700 |
| 6+ | $0 | $0 | $302,600 | $302,600 |
| Total | $65,700 | $30,400 | $337,600 | $433,700 |
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.