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430 Burridge Dr

430 Burridge Dr

Sevierville, TN 37862

$799,000

3 bd · 3.5 ba · 4,000 sqft · Listed 1d ago

View on Realtor.com →
Low confidence

Year built

1966

Sqft

4,000

Lot sqft

108,029

HOA / mo

$0

Furnished

No

List date

2026-10-29T16:09:37.000000Z

Revenue

Annual revenue

$51,091

ADR

$266

Occupancy

53%

Cleaning fees (12 mo)

$8,957

Confidence

Low (47.66), 7 comps

Comp revenue range (p25 / median / p75)

$24,043$54,542$60,026

Median revenue of shown comps: $55,116

  • Sundance Retreat - Pet Friendly Mountaintop Cabin

    House · 3 bd · 3.5 ba · sleeps 10 · 0.4 mi

    • Hot tub
    • A/C
    • Pets OK
    • Wifi
    • +5

    Revenue $27,895ADR $276Occ ≈ 28%—

    Vrbo

  • Awesome Honey Bear

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.5 mi

    Revenue $55,116ADR $246Occ ≈ 61%4★ (20)

    Booking

  • Chetola

    House · 3 bd · 2.5 ba · sleeps 6 · 0.7 mi

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

    Revenue $20,190ADR $188Occ ≈ 29%4.9★ (19)

    Airbnb

  • Sevierville Group-Friendly Condos

    Apartment · 3 bd · 3 ba · sleeps 6 · 0.7 mi

    • A/C
    • Free parking
    • Wifi
    • Kitchen
    • +1

    Revenue $77,020ADR $287Occ ≈ 74%5★ (10)

    AirbnbVrbo

  • Cedars Peak Downtown 2 Condos

    Apartment · 3 bd · 3 ba · sleeps 6 · 0.7 mi

    Revenue $64,936ADR $281Occ ≈ 63%—

    Booking

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

$51,091

NOI

$26,394

Cash flow /mo

$2,199

Cash needed

$856,460

Cash-on-cash (all cash)

3.1%

ROE (yr 1)

5.9%

Cap rate

3.3%

DSCR

—

Year-1 write-off

$170,215

Year-1 tax shield @ 32%

$54,469

Year-1 return on equity

  • Cash flow (annual)$26,394
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$23,970
ROE5.9%

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)$10,218
  • Platform fees (3% of revenue)$1,533
  • Maintenance / capex (5% of revenue)$2,555
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$1,398
  • Insurance (STR-rated)$4,794

Cash needed to close

  • Purchase price (all cash)$799,000
  • Closing costs (4.0%)$31,960
  • Furnishing (bought new)$25,500

Tax savings if the STR loophole applies

  • Tax shield @ 32%$54,469

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

$595,000

Short-life (5/15-yr)

$144,000 · 24%

Year-1 deduction

$170,000

Year-1 tax shield @ 32%

$54,000

Land 26% (county tax record, market value split) · building $451,000 over 39 years · new furniture $26,000

Based on: 4,000 sq ft, built 1966, 3 bd / 3.5 ba, unfurnished, listing features (deck, patio, game room, fireplace, stone counters, flooring types, appliance list, septic).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $101,000 in year 1 (13% short-life, $32,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$84,900

  • Kitchen cabinetsdefault

    $14,600 new × 40% good × 1.84 allocation

    $10,700

  • Kitchen countertops (stone)listing

    $14,900 new × 40% good × 1.84 allocation

    $11,000

  • Decorative trimdefault

    $7,000 new × 40% good × 1.84 allocation

    $5,200

  • Mirrorsdefault

    $500 new × 40% good × 1.84 allocation

    $300

  • Shelvingdefault

    $1,200 new × 40% good × 1.84 allocation

    $900

  • Window coverings (40)default

    $10,000 new × 40% good × 1.84 allocation

    $7,400

  • Carpet, vinyl & laminate (33% of floors)listing

    $8,600 new × 40% good × 1.84 allocation

    $6,300

  • Kitchen & laundry equipment plumbingdefault

    $11,300 new × 40% good × 1.84 allocation

    $8,400

  • Kitchen, laundry & data equipment electricaldefault

    $6,900 new × 40% good × 1.84 allocation

    $5,100

  • Appliances (range, microwave, dishwasher, refrigerator)listing

    $5,700 new × 40% good × 1.84 allocation

    $4,200

  • Furniture bought newlisting

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

    $19,500

  • Game-room equipment bought newlisting

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

    $6,000
15-year land improvements$84,800

  • Paving: driveway & walks (paved)listing

    $16,400 new × 50% good × 1.84 allocation

    $15,100

  • Landscaping (typical)default

    $12,600 new × 50% good × 1.84 allocation

    $11,600

  • Patioslisting

    $18,000 new × 50% good × 1.84 allocation

    $16,600

  • Decks & porches (attached)listing

    $45,000 new × 50% good × 1.84 allocation

    $41,500
Building, 39-year$450,600

  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $435,400 new × 40% good × 1.84 allocation

    $321,100

  • Building plumbing & fixturesdefault

    $45,100 new × 40% good × 1.84 allocation

    $33,300

  • Building electrical & lightingdefault

    $48,000 new × 40% good × 1.84 allocation

    $35,400

  • HVACdefault

    $45,100 new × 40% good × 1.84 allocation

    $33,200

  • Hardwood & tile floorsdefault

    $17,200 new × 40% good × 1.84 allocation

    $12,700

  • Fireplaces (2)listing

    $5,300 new × 40% good × 1.84 allocation

    $3,900

  • Septic systemlisting

    $12,000 new × 50% good × 1.84 allocation

    $11,100

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$84,900$84,800$500$170,200
2$0$0$11,600$11,600
3$0$0$11,600$11,600
4$0$0$11,600$11,600
5$0$0$11,600$11,600
6+$0$0$403,900$403,900
Total$84,900$84,800$450,600$620,300

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.