1105 Ridge Rd
Sevierville, TN 37862
$400,000
3 bd · 2.5 ba · 2,061 sqft · Listed 1d ago
View on Realtor.com →Year built
1974
Sqft
2,061
Lot sqft
86,249
HOA / mo
None
Furnished
No
List date
2026-09-28T19:16:54.000000Z
Revenue
Annual revenue
$43,448
ADR
$176
Occupancy
68%
Cleaning fees (12 mo)
$6,468
Confidence
Med (52.73), 28 comps
Comp revenue range (p25 / median / p75)
Spacious 3BR Gateway at Wyndham – Comfort & Style
Condominium (condo) · 3 bd · 2 ba · sleeps 10 · 0.5 mi
Revenue $37,278ADR $278Occ ≈ 37%—
A Song Writers Paradise, Hot Tub Once Owned By Dolly Parton
Chalet · 3 bd · 2 ba · sleeps 6 · 0.6 mi
Revenue $81,309ADR $330Occ ≈ 68%5★ (1)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Spacious 3BR Gateway at Wyndham – Comfort & Style Condominium (condo) | 3 bd · 2 ba · sleeps 10 | $37,278 | $278 | 37% | — | 0.5 mi | Airbnb |
3 bedroom deluxe at Club Wyndham Smoky Mountains Condominium (condo) | 3 bd · 2 ba · sleeps 10 | $29,906 | $244 | 34% | 4.9★ (15) | 0.6 mi | AirbnbVrbo |
Smoky Mountains 3BR With Resort Access Condominium (condo) | 3 bd · 2 ba · sleeps 10 | $47,503 | $212 | 61% | 4.8★ (4) | 0.6 mi | AirbnbVrbo |
A Song Writers Paradise, Hot Tub Once Owned By Dolly Parton Chalet | 3 bd · 2 ba · sleeps 6 | $81,309 | $330 | 68% | 5★ (1) | 0.6 mi | Booking |
A Song Writers Paradise, Free Tickets, No Catch Cabin | 3 bd · 2.5 ba · sleeps 6 | $78,325 | $336 | 64% | 4.5★ (8) | 0.6 mi | AirbnbVrbo |
Fantastic Scenic 3BR suite with amenities Galore Guest suite | 3 bd · 2 ba · sleeps 8 | $31,633 | $287 | 30% | — | 0.6 mi | AirbnbVrbo |
Beautiful 3 Bdrm Condo in Mts Apartment | 3 bd · 2 ba · sleeps 10 | $20,630 | $133 | 42% | 5★ (1) | 0.7 mi | AirbnbVrbo |
3bd Condo at Wyndham Smoky Mountain Resort Condominium (condo) | 3 bd · 2 ba · sleeps 10 | $81,356 | $507 | 44% | 5★ (1) | 0.7 mi | AirbnbVrbo |
Three Bedroom @ Smoky Mountain Condominium (condo) | 3 bd · 2 ba · sleeps 10 | $44,672 | $518 | 24% | 5★ (1) | 0.7 mi | AirbnbVrbo |
❤️Wyndham Smoky Mountains-2BDRM 2BTH Luxury Unit❤️ Condominium (condo) | 3 bd · 2 ba · sleeps 8 | $39,206 | $186 | 58% | 4.8★ (5) | 0.7 mi | AirbnbVrbo |
Show all 28 comps
Comfortable Club Wyndham Smoky Mountains, 3 Bedroom Condo
Condominium (condo) · 3 bd · 2 ba · sleeps 10 · 0.7 mi
Revenue $34,521ADR $282Occ ≈ 34%4.5★
Comfortable Club Wyndham Smoky Mountains, 3 Bedroom Condo
Condominium (condo) · 3 bd · 2 ba · sleeps 10 · 0.7 mi
Revenue $31,480ADR $263Occ ≈ 33%5★
Comfortable Club Wyndham Smoky Mountains, 3 Bedroom Condo
Condominium (condo) · 3 bd · 2 ba · sleeps 10 · 0.7 mi
Revenue $32,519ADR $274Occ ≈ 33%5★ (1)
Holy Smokies! 3BR Unit Wyndham w/Pools and Kids' A
Condominium (condo) · 3 bd · 2 ba · sleeps 10 · 0.7 mi
Revenue $33,131ADR $223Occ ≈ 41%4.8★ (36)
Paved Roads | Mins to Dollywood | Hot-Tub | Pets
Cabin · 3 bd · 2.5 ba · sleeps 9 · 0.7 mi
Revenue $61,979ADR $262Occ ≈ 65%5★ (44)
3BR Deluxe Mountain Escape | Family-Friendly Fun
Condominium (condo) · 3 bd · 2 ba · sleeps 10 · 0.7 mi
Revenue $52,521ADR $212Occ ≈ 68%5★ (20)
Las Minute Pricing-CW Smoky Mountains 3
Condominium (condo) · 3 bd · 2 ba · sleeps 10 · 0.7 mi
Revenue $31,308ADR $195Occ ≈ 44%4★ (1)
Smoky Mountain 3BDRM Condo
Condominium (condo) · 3 bd · 2 ba · sleeps 10 · 0.7 mi
Revenue $28,220ADR $324Occ ≈ 24%3★ (2)
3BR Deluxe Mountain Escape | Family-Friendly Fun
Condominium (condo) · 3 bd · 2 ba · sleeps 10 · 0.7 mi
Revenue $44,116ADR $192Occ ≈ 63%—
Vintage Brick Ranch Home, in the heart of Sevierville - Min 30 day Stay
House · 3 bd · 3 ba · sleeps 6 · 0.7 mi
Revenue $11,765ADR $100Occ ≈ 32%5★ (1)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Smoky Mountains Resort 3BR Apartment Condominium (condo) | 3 bd · 2 ba · sleeps 10 | $17,892 | $186 | 26% | — | 0.7 mi | AirbnbBooking |
Comfortable Club Wyndham Smoky Mountains, 3 Bedroom Condo Condominium (condo) | 3 bd · 2 ba · sleeps 10 | $34,521 | $282 | 34% | 4.5★ | 0.7 mi | Vrbo |
Comfortable Club Wyndham Smoky Mountains, 3 Bedroom Condo Condominium (condo) | 3 bd · 2 ba · sleeps 10 | $31,480 | $263 | 33% | 5★ | 0.7 mi | Vrbo |
Comfortable Club Wyndham Smoky Mountains, 3 Bedroom Condo Condominium (condo) | 3 bd · 2 ba · sleeps 10 | $32,519 | $274 | 33% | 5★ (1) | 0.7 mi | Vrbo |
Holy Smokies! 3BR Unit Wyndham w/Pools and Kids' A Condominium (condo) | 3 bd · 2 ba · sleeps 10 | $33,131 | $223 | 41% | 4.8★ (36) | 0.7 mi | Airbnb |
3BR Club Wyndham Smoky Mountains Apartment | 3 bd · 2 ba · sleeps 10 | $15,145 | $513 | 8% | 5★ (1) | 0.7 mi | AirbnbVrbo |
Club Wyndham Smoky Mountains 3BR/2BR w/balcony Apartment | 3 bd · 2 ba · sleeps 10 | $52,893 | $236 | 61% | 4.7★ (4) | 0.7 mi | AirbnbVrboBooking |
Wyndham Smoky Mountains - family Apartment | 3 bd · 2 ba · sleeps 10 | $38,962 | $258 | 41% | — | 0.7 mi | AirbnbVrbo |
Free Dollywood Tix/10Min2Dollywood/Theater Cabin | 3 bd · 3 ba · sleeps 8 | $68,630 | $302 | 62% | 5★ (167) | 0.7 mi | AirbnbVrbo |
Paved Roads | Mins to Dollywood | Hot-Tub | Pets Cabin | 3 bd · 2.5 ba · sleeps 9 | $61,979 | $262 | 65% | 5★ (44) | 0.7 mi | Airbnb |
3BR Deluxe Mountain Escape | Family-Friendly Fun Condominium (condo) | 3 bd · 2 ba · sleeps 10 | $52,521 | $212 | 68% | 5★ (20) | 0.7 mi | Airbnb |
Las Minute Pricing-CW Smoky Mountains 3 Condominium (condo) | 3 bd · 2 ba · sleeps 10 | $31,308 | $195 | 44% | 4★ (1) | 0.7 mi | Airbnb |
Smoky Mountain 3BDRM Condo Condominium (condo) | 3 bd · 2 ba · sleeps 10 | $28,220 | $324 | 24% | 3★ (2) | 0.7 mi | Airbnb |
Family Resort Smoky Mountains - Spacious 3BR Suite Condominium (condo) | 3 bd · 2 ba · sleeps 10 | $63,439 | $289 | 60% | 4.8★ (17) | 0.7 mi | AirbnbVrbo |
3BR Deluxe Mountain Escape | Family-Friendly Fun Condominium (condo) | 3 bd · 2 ba · sleeps 10 | $44,116 | $192 | 63% | — | 0.7 mi | Vrbo |
NEW Dollywood Hills W/HotTub-View-Games-Grill-King Cabin | 3 bd · 2.5 ba · sleeps 10 | $33,689 | $259 | 36% | 4.8★ (130) | 0.7 mi | AirbnbVrboBooking |
"Top Notch" 3 Bedroom Cabin House | 3 bd · 3.5 ba · sleeps 10 | $19,638 | $340 | 16% | — | 0.7 mi | AirbnbVrbo |
Vintage Brick Ranch Home, in the heart of Sevierville - Min 30 day Stay House | 3 bd · 3 ba · sleeps 6 | $11,765 | $100 | 32% | 5★ (1) | 0.7 mi | Vrbo |
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
$43,448
NOI
$23,830
Cash flow /mo
-$170
Cash needed
$135,500
Cash-on-cash
-1.5%
ROE (yr 1)
9.3%
Cap rate
6.0%
DSCR
0.92
Year-1 write-off
$93,652
Year-1 tax shield @ 32%
$29,969
Year-1 return on equity
- Cash flow (annual)-$2,036
- Principal paydown$2,618
- Appreciation at%$12,000
Opex, cash-needed & tax-savings breakdown
Annual operating expenses
- Management (20% of revenue)$8,690
- Platform fees (3% of revenue)$1,303
- Maintenance / capex (5% of revenue)$2,172
- Utilities & supplies$4,200
- HOA$0
- Property tax$853
- Insurance (STR-rated)$2,400
Cash needed to close
- Down payment (25%)$100,000
- Closing costs (4.0%)$16,000
- Furnishing (bought new)$19,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$29,969
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
$257,000
Short-life (5/15-yr)
$74,000 · 29%
Year-1 deduction
$94,000
Year-1 tax shield @ 32%
$30,000
Land 36% (county tax record, market value split) · building $183,000 over 39 years · new furniture $20,000
Based on: 2,061 sq ft, built 1974, 3 bd / 2.5 ba, unfurnished, listing features (deck, flooring types, appliance list).
IRS-guide safe-harbor floor: $61,000 in year 1 (16% short-life, $19,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $6,400
Kitchen cabinetsdefault
$10,300 new × 40% good × 1.56 allocation
- $5,300
Kitchen countertopsdefault
$8,400 new × 40% good × 1.56 allocation
- $2,300
Decorative trimdefault
$3,600 new × 40% good × 1.56 allocation
- $200
Mirrorsdefault
$300 new × 40% good × 1.56 allocation
- $700
Shelvingdefault
$1,200 new × 40% good × 1.56 allocation
- $3,300
Window coverings (21)default
$5,300 new × 40% good × 1.56 allocation
- $8,300
Carpet, vinyl & laminate (100% of floors)listing
$13,300 new × 40% good × 1.56 allocation
- $5,000
Kitchen & laundry equipment plumbingdefault
$8,000 new × 40% good × 1.56 allocation
- $3,000
Kitchen, laundry & data equipment electricaldefault
$4,900 new × 40% good × 1.56 allocation
- $3,100
Appliances (range, dishwasher, refrigerator)listing
$5,000 new × 40% good × 1.56 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $9,200
Paving: driveway & walks (paved)default
$11,800 new × 50% good × 1.56 allocation
- $7,100
Landscaping (typical)default
$9,100 new × 50% good × 1.56 allocation
- $1,600
Patiosdefault
$2,000 new × 50% good × 1.56 allocation
- $18,100
Decks & porches (attached)listing
$23,200 new × 50% good × 1.56 allocation
- $139,700
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$223,700 new × 40% good × 1.56 allocation
- $14,500
Building plumbing & fixturesdefault
$23,200 new × 40% good × 1.56 allocation
- $14,600
Building electrical & lightingdefault
$23,400 new × 40% good × 1.56 allocation
- $14,500
HVACdefault
$23,200 new × 40% good × 1.56 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $57,100 | $35,900 | $600 | $93,700 |
| 2 | $0 | $0 | $4,700 | $4,700 |
| 3 | $0 | $0 | $4,700 | $4,700 |
| 4 | $0 | $0 | $4,700 | $4,700 |
| 5 | $0 | $0 | $4,700 | $4,700 |
| 6+ | $0 | $0 | $163,900 | $163,900 |
| Total | $57,100 | $35,900 | $183,300 | $276,300 |
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 and Georgia 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.