1508 Zurich Rd
Gatlinburg, TN 37738
$720,000
3 bd · 3 ba · 1,632 sqft · Listed 3d ago
View on Realtor.com →Year built
1970
Sqft
1,632
Lot sqft
—
HOA / mo
$45
Furnished
No
List date
2026-10-08T23:11:35.000000Z
Revenue
Annual revenue
$58,934
ADR
$265
Occupancy
61%
Cleaning fees (12 mo)
$10,435
Confidence
Med (61.1), 49 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $56,151
Mtn view 3BR w/Game Room & Free Attraction Tickets
Cabin · 3 bd · 3 ba · sleeps 10 · 89 ft
Revenue $41,571ADR $268Occ ≈ 42%4.2★ (21)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Mtn view 3BR w/Game Room & Free Attraction Tickets Cabin | 3 bd · 3 ba · sleeps 10 | $41,571 | $268 | 42% | 4.2★ (21) | 89 ft | Airbnb |
Great Views of Smokys Cabin
| 3 bd · 3 ba · sleeps 10 | $33,142 | $291 | 31% | 5★ (348) | 148 ft | AirbnbVrbo |
Amazing Autumn: Hot Tub/Theater/~5 min to GSMNP Cabin
| 3 bd · 3 ba · sleeps 6 | $74,413 | $321 | 64% | 5★ (171) | 157 ft | AirbnbVrbo |
Hot Tub, Game Room, Fire Pit, Pickleball! House
| 3 bd · 2 ba · sleeps 8 | $49,975 | $295 | 46% | 4.8★ (129) | 187 ft | AirbnbVrbo |
Cozy Cabin W Hot Tub, Sleeps 10・Mtn View・Game Room Cabin | 3 bd · 3 ba · sleeps 10 | $26,496 | $220 | 33% | 4.6★ (6) | 276 ft | AirbnbBooking |
Ski, Play & Relax • Chalet Village • 5 Min to Ober Chalet
| 3 bd · 2.5 ba · sleeps 10 | $67,513 | $292 | 63% | 4.9★ (369) | 285 ft | AirbnbVrboBooking |
Smokies View - Mtn Views, Hot Tub, Gatlinburg,Ober Cabin
| 3 bd · 3 ba · sleeps 9 | $27,972 | $284 | 27% | 4.8★ (18) | 292 ft | AirbnbVrbo |
Smoky Chalet •Mtn View w/ Hot Tub & Fire Pit Cabin
| 3 bd · 2 ba · sleeps 6 | $34,789 | $308 | 31% | 4.8★ (26) | 302 ft | AirbnbVrbo |
Gatlinburg Cabin · Views + Arcade · Hot Tub Cabin
| 3 bd · 3 ba · sleeps 9 | $99,583 | $382 | 71% | 4.8★ (231) | 312 ft | AirbnbVrboBooking |
ONE Beary Good View 3BR-2BA in Gatlinburg Sleeps 9 Cabin
| 3 bd · 2 ba · sleeps 9 | $48,020 | $221 | 60% | 5★ (31) | 315 ft | AirbnbVrbo |
Show 35 more
Paradise Vista, Amazing Mtn Views, Hot Tub, 560 FREE tickets each paid day!!!
Chalet · 3 bd · 2 ba · sleeps 6 · 348 ft
Revenue $72,762ADR $224Occ ≈ 89%4.4★ (4)
Smoky Mountain Mist Cabins “Mountain Mist Getaway”
Cabin · 3 bd · 2.5 ba · sleeps 6 · 358 ft
- Hot tub
- Pool
- A/C
- Free parking
- +6
Revenue $46,867ADR $254Occ ≈ 51%4.9★ (126)
Beautiful Cabin in Chalet Village. Hot Tub, 3 Decks, Stunning Mountain Views
Cabin · 3 bd · 2 ba · sleeps 8 · 397 ft
- Hot tub
- Pool
- A/C
- Free parking
- +6
Revenue $56,011ADR $299Occ ≈ 51%4.9★ (27)
Ober Lux Chalet/1 Mile from Downtown/MT Views
Chalet · 3 bd · 3 ba · sleeps 8 · 404 ft
Revenue $56,151ADR $465Occ ≈ 33%4.8★ (6)
Million Dollar Full Mt LeConte View - Last Minute Openings Oct & Nov
Chalet · 3 bd · 2 ba · sleeps 8 · 0.1 mi
- Hot tub
- Pool
- A/C
- Free parking
- +6
Revenue $48,160ADR $323Occ ≈ 41%5★ (330)
Whispering Bears Chalet
Vacation home · 3 bd · 2 ba · sleeps 8 · 0.1 mi
Revenue $41,046ADR $265Occ ≈ 42%4.8★ (2)
Gatlinburg Treasure Discover Your Mountain Gem
Chalet · 3 bd · 3 ba · sleeps 6 · 0.1 mi
Revenue $56,486ADR $270Occ ≈ 57%—
Black Bear
Cabin · 3 bd · 3 ba · sleeps 8 · 0.2 mi
Revenue $71,455ADR $278Occ ≈ 70%4.8★ (8)
Delisted
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)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Paradise Vista, Amazing Mtn Views, Hot Tub, 560 FREE tickets each paid day!!! Chalet | 3 bd · 2 ba · sleeps 6 | $72,762 | $224 | 89% | 4.4★ (4) | 348 ft | Booking |
Smoky Mountain Mist Cabins “Mountain Mist Getaway” Cabin
| 3 bd · 2.5 ba · sleeps 6 | $46,867 | $254 | 51% | 4.9★ (126) | 358 ft | Airbnb |
ECHO PLACE - A Cozy Family Base Camp to Explore! Cabin
| 3 bd · 3 ba · sleeps 8 | $41,407 | $219 | 52% | 4.8★ (360) | 397 ft | AirbnbVrbo |
Beautiful Cabin in Chalet Village. Hot Tub, 3 Decks, Stunning Mountain Views Cabin
| 3 bd · 2 ba · sleeps 8 | $56,011 | $299 | 51% | 4.9★ (27) | 397 ft | Vrbo |
Ober Lux Chalet/1 Mile from Downtown/MT Views Chalet | 3 bd · 3 ba · sleeps 8 | $56,151 | $465 | 33% | 4.8★ (6) | 404 ft | Airbnb |
Hideaway Chalet - Serene Soaks in the Treetops Cabin
| 3 bd · 2 ba · sleeps 8 | $37,547 | $296 | 35% | 4.3★ (3) | 433 ft | AirbnbVrbo |
Majestic mtn views! Gatlinburg & GSMNP is 5 min! Cabin
| 3 bd · 3 ba · sleeps 9 | $112,474 | $459 | 67% | 5★ (245) | 436 ft | AirbnbVrboBooking |
Cozy Cabin, Pvt. Hot Tub, 2 miles to Gatlinburg Chalet
| 3 bd · 2 ba · sleeps 8 | $40,830 | $241 | 46% | 5★ (33) | 436 ft | AirbnbVrbo |
Bear Necessities TN House
| 3 bd · 2.5 ba · sleeps 6 | $40,831 | $223 | 50% | 5★ (118) | 472 ft | AirbnbVrbo |
Little Red Riding Hood Chalet • Views • Hot Tub! Cabin
| 3 bd · 3 ba · sleeps 10 | $35,085 | $311 | 31% | 4.9★ (16) | 499 ft | AirbnbVrboBooking |
Three Pines 2139 - Game Room + Hot Tub! Cabin | 3 bd · 3 ba · sleeps 6 | $21,649 | $306 | 19% | 4.6★ (83) | 505 ft | AirbnbBooking |
5* Chalet~OberTram~HotTub~GmRm~FireTable~PS5~Bears Chalet
| 3 bd · 3 ba · sleeps 10 | $92,654 | $354 | 72% | 5★ (42) | 509 ft | AirbnbVrbo |
Peaceful views! Easy drive, Flat Parking, HotTub Cabin
| 3 bd · 2.5 ba · sleeps 10 | $105,636 | $438 | 66% | 4.9★ (243) | 525 ft | AirbnbVrbo |
5 Min to Gatlinburg-Hot Tub-Air Hockey-Cozy Cabin Chalet
| 3 bd · 3 ba · sleeps 8 | $64,006 | $283 | 62% | 4.9★ (89) | 0.1 mi | AirbnbVrbo |
Mt LeConte Views · Hot Tub + Fire Pit · Gatlinburg Cabin
| 3 bd · 2 ba · sleeps 8 | $77,608 | $375 | 57% | 4.9★ (105) | 0.1 mi | AirbnbVrboBooking |
Honey Bear Cabin w/ Mt LeConte Views in Gatlinburg Cabin
| 3 bd · 2 ba · sleeps 8 | $61,173 | $313 | 54% | 4.9★ (403) | 0.1 mi | AirbnbVrboBooking |
Great Mountain Views Hot Tub, Fire pit, Pool Table Cabin | 3 bd · 3.5 ba · sleeps 10 | $36,015 | $389 | 25% | 4.9★ (80) | 0.1 mi | AirbnbVrbo |
Chalet All Day Chalet
| 3 bd · 2.5 ba · sleeps 10 | $48,577 | $386 | 34% | 4.5★ (17) | 0.1 mi | AirbnbVrbo |
Million Dollar Full Mt LeConte View - Last Minute Openings Oct & Nov Chalet
| 3 bd · 2 ba · sleeps 8 | $48,160 | $323 | 41% | 5★ (330) | 0.1 mi | Vrbo |
Epic Views| Fall Colors| Dog Friendly| Chalet Vill House
| 3 bd · 2.5 ba · sleeps 7 | $61,206 | $301 | 56% | 4.8★ (165) | 0.1 mi | AirbnbVrbo |
Wood Fireplace HotTub Arcades Pickleball Xmas Deco Cabin | 3 bd · 3 ba · sleeps 8 | $85,442 | $383 | 61% | 4.9★ (177) | 0.1 mi | AirbnbVrboBooking |
Whispering Bears Chalet Vacation home | 3 bd · 2 ba · sleeps 8 | $41,046 | $265 | 42% | 4.8★ (2) | 0.1 mi | Booking |
Gatlinburg Treasure Discover Your Mountain Gem Chalet | 3 bd · 3 ba · sleeps 6 | $56,486 | $270 | 57% | — | 0.1 mi | Booking |
Treetops Luxury Cabin w/ Hot Tub & Mt LeConte View Chalet
| 3 bd · 2 ba · sleeps 7 | $63,671 | $304 | 57% | 4.8★ (263) | 0.1 mi | AirbnbVrboBooking |
Five Bear Chalet House | 3 bd · 2 ba · sleeps 8 | $61,312 | $286 | 59% | 5★ (38) | 0.1 mi | AirbnbVrbo |
Deck & Stunning Mountain Views: Gatlinburg Home! House
| 3 bd · 2 ba · sleeps 9 | $58,080 | $292 | 54% | 4.5★ (249) | 0.1 mi | AirbnbVrboBooking |
5 Bear Chalet House | 3 bd · 2 ba · sleeps 8 | $59,427 | $183 | 89% | 5★ (40) | 0.1 mi | Airbnb |
Grand Ole Chalet - Views, views, and views! Cabin | 3 bd · 3 ba · sleeps 10 | $103,820 | $336 | 85% | 4.3★ (55) | 0.1 mi | AirbnbBooking |
Chalet Village Cabin, Sleeps 9, Mtn View, 360 Deck Cabin
| 3 bd · 2 ba · sleeps 9 | $36,698 | $293 | 34% | 5★ (3) | 0.1 mi | AirbnbVrbo |
Spectacular View! Minutes from Downtown/ Park Cabin | 3 bd · 3.5 ba · sleeps 8 | $94,501 | $397 | 65% | 5★ (342) | 0.1 mi | AirbnbVrbo |
Cozy A-Frame Cabin w/ Hot Tub • 3 Min to Downtown Cabin | 3 bd · 2.5 ba · sleeps 6 | $46,760 | $202 | 63% | 5★ (35) | 0.2 mi | AirbnbVrbo |
Black Bear Cabin | 3 bd · 3 ba · sleeps 8 | $71,455 | $278 | 70% | 4.8★ (8) | 0.2 mi | Delisted |
Ober Chalet Retreat Chalet
| 3 bd · 3 ba · sleeps 8 | $40,620 | $360 | 31% | 4.9★ (31) | 0.2 mi | Airbnb |
Serenity Ldg MtnViews•HotTub•2 LvgRms •2K, 1Q bed Cabin
| 3 bd · 3 ba · sleeps 6 | $61,423 | $371 | 45% | 4.9★ (62) | 0.2 mi | AirbnbVrbo |
Cliffhanger: Dog-Friendly•MtnView•Lux•DollywoodTkt Cabin | 3 bd · 2.5 ba · sleeps 6 | $82,374 | $454 | 50% | 4.8★ (16) | 0.2 mi | 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
Rate 8.15% = 7.40% Freddie Mac 30-yr avg (Oct 8) + 0.75% investor premium
Est. revenue
$58,934
NOI
$32,215
Cash flow /mo
-$1,334
Cash needed
$234,300
Cash-on-cash
-6.8%
ROE (yr 1)
4.3%
Cap rate
4.5%
DSCR
0.67
Year-1 write-off
$173,101
Year-1 tax shield @ 32%
$55,392
Year-1 return on equity
- Cash flow (annual)-$16,012
- Principal paydown$4,378
- Appreciation at%$21,600
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)$11,787
- Platform fees (3% of revenue)$1,768
- Maintenance / capex (5% of revenue)$2,947
- Utilities & supplies$4,200
- HOA$540
- Property tax$1,157
- Insurance (STR-rated)$4,320
Cash needed to close
- Down payment (25%)$180,000
- Closing costs (4.0%)$28,800
- Furnishing (bought new)$25,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$55,392
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
$475,000
Short-life (5/15-yr)
$147,000 · 31%
Year-1 deduction
$173,000
Year-1 tax shield @ 32%
$55,000
Land 34% (county tax record, market value split) · building $328,000 over 39 years · new furniture $26,000
Based on: 1,632 sq ft, built 1970, 3 bd / 3 ba, unfurnished, listing features (hot tub, deck, game room, fireplace, stone counters, flooring types, appliance list, septic).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $112,000 in year 1 (18% short-life, $36,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $12,300
Kitchen cabinetsdefault
$9,400 new × 40% good × 3.29 allocation
- $12,600
Kitchen countertops (stone)listing
$9,600 new × 40% good × 3.29 allocation
- $3,800
Decorative trimdefault
$2,900 new × 40% good × 3.29 allocation
- $600
Mirrorsdefault
$500 new × 40% good × 3.29 allocation
- $1,600
Shelvingdefault
$1,200 new × 40% good × 3.29 allocation
- $5,300
Window coverings (16)default
$4,000 new × 40% good × 3.29 allocation
- $13,800
Carpet, vinyl & laminate (100% of floors)listing
$10,500 new × 40% good × 3.29 allocation
- $9,600
Kitchen & laundry equipment plumbingdefault
$7,300 new × 40% good × 3.29 allocation
- $5,800
Kitchen, laundry & data equipment electricaldefault
$4,400 new × 40% good × 3.29 allocation
- $10,100
Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing
$7,700 new × 40% good × 3.29 allocation
- $11,800
Hot tub (freestanding)listing
$9,000 new × 40% good × 3.29 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
- $13,800
Paving: driveway & walks (paved)default
$8,400 new × 50% good × 3.29 allocation
- $13,300
Landscaping (typical)default
$8,100 new × 50% good × 3.29 allocation
- $2,700
Patiosdefault
$1,600 new × 50% good × 3.29 allocation
- $30,200
Decks & porches (attached)listing
$18,400 new × 50% good × 3.29 allocation
- $232,500
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$176,700 new × 40% good × 3.29 allocation
- $24,100
Building plumbing & fixturesdefault
$18,300 new × 40% good × 3.29 allocation
- $23,600
Building electrical & lightingdefault
$18,000 new × 40% good × 3.29 allocation
- $24,200
HVACdefault
$18,400 new × 40% good × 3.29 allocation
- $3,500
Fireplacelisting
$2,600 new × 40% good × 3.29 allocation
- $19,700
Septic systemlisting
$12,000 new × 50% good × 3.29 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $112,900 | $59,900 | $400 | $173,100 |
| 2 | $0 | $0 | $8,400 | $8,400 |
| 3 | $0 | $0 | $8,400 | $8,400 |
| 4 | $0 | $0 | $8,400 | $8,400 |
| 5 | $0 | $0 | $8,400 | $8,400 |
| 6+ | $0 | $0 | $293,700 | $293,700 |
| Total | $112,900 | $59,900 | $327,700 | $500,400 |
The building's share of the price ($475,000) is 3.3x our depreciated replacement cost of the home ($144,000). 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, 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.