939 Swann Saddle Rd

Sevierville, TN 37876

$429,999

4 bd · 2 ba · 1,602 sqft · Listed 1d ago

View on Realtor.com →

Low confidence

Year built

1976

Sqft

1,602

Lot sqft

65,340

HOA / mo

Furnished

List date

2026-10-30T23:33:58.000000Z

Revenue

Annual revenue

$43,210

ADR

$241

Occupancy

49%

Cleaning fees (12 mo)

$6,796

Confidence

Low (26.65), 17 comps

Comp revenue range (p25 / median / p75)

$20,487$28,534$53,193

Few similar-size comps were found, so all comps are shown.

Median revenue of shown comps: $28,534

Clingman's View Mountain Home
Chalet · 4 bd · 2.5 ba · sleeps 8 · 0.1 mi
Revenue $24,532ADR $159Occ ≈ 42%4.6★ (115)
Delisted
Wildwood Refuge by American Patriot Getaways
Apartment · 3 bd · 1 ba · sleeps 6 · 0.2 mi
Revenue $28,534ADR $191Occ ≈ 41%—
Booking
Laurel Mountain Lodge By Avada Properties
Vacation home · 3 bd · 2 ba · sleeps 10 · 0.3 mi
Revenue $41,065ADR $256Occ ≈ 44%4.2★ (2)
Booking
Sunset at Carson’s-Panoramic Views+Hot Tub+Firepit
Cabin · 4 bd · 2 ba · sleeps 8 · 0.4 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +5
Revenue $56,801ADR $317Occ ≈ 49%5★ (52)
Airbnb Vrbo
*Relaxing 3BD Cabin! FirePit + HOT TUB + Games!*
Cabin · 3 bd · 2 ba · sleeps 10 · 0.4 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +5
Revenue $48,565ADR $302Occ ≈ 44%4.5★ (28)
Airbnb Vrbo
Smoky Mountain Getaway
Cabin · 4 bd · 2.5 ba · sleeps 9 · 0.4 mi
Revenue $5,933ADR $163Occ ≈ 10%4.7★ (290)
Delisted
Heavenly Views Cabin w/ Hot tub & Views for MILES
Cabin · 4 bd · 3 ba · sleeps 8 · 0.5 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +4
Revenue $53,193ADR $327Occ ≈ 45%4.8★ (59)
Airbnb Vrbo
New! Red Maple
Cabin · 3 bd · 2 ba · sleeps 6 · 0.5 mi
Revenue $23,811ADR $285Occ ≈ 23%—
Airbnb Booking
Cabin • Stunning Views • 6-person Hot Tub
Cabin · 3 bd · 2 ba · sleeps 6 · 0.5 mi
Revenue $46,177ADR $168Occ ≈ 75%4.8★ (66)
Airbnb Booking
Hot Tub • Endless Views • Smoky Mountain Escape
Cabin · 3 bd · 2 ba · sleeps 6 · 0.5 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +4
Revenue $18,787ADR $239Occ ≈ 22%5★ (9)
Airbnb

Listing	Size	Revenue (12 mo)	ADR	Occ ≈	Rating	Distance	Links
Clingman's View Mountain Home Chalet	4 bd · 2.5 ba · sleeps 8	$24,532	$159	42%	4.6★ (115)	0.1 mi	Delisted
Wildwood Refuge by American Patriot Getaways Apartment	3 bd · 1 ba · sleeps 6	$28,534	$191	41%	—	0.2 mi	Booking
Laurel Mountain Lodge By Avada Properties Vacation home	3 bd · 2 ba · sleeps 10	$41,065	$256	44%	4.2★ (2)	0.3 mi	Booking
Sunset at Carson’s-Panoramic Views+Hot Tub+Firepit Cabin Hot tub A/C Free parking Pets OK +5	4 bd · 2 ba · sleeps 8	$56,801	$317	49%	5★ (52)	0.4 mi	Airbnb Vrbo
Relaxing 3BD Cabin! FirePit + HOT TUB + Games! Cabin Hot tub A/C Free parking Wifi +5	3 bd · 2 ba · sleeps 10	$48,565	$302	44%	4.5★ (28)	0.4 mi	Airbnb Vrbo
Smoky Mountain Getaway Cabin	4 bd · 2.5 ba · sleeps 9	$5,933	$163	10%	4.7★ (290)	0.4 mi	Delisted
Heavenly Views Cabin w/ Hot tub & Views for MILES Cabin Hot tub A/C Free parking Wifi +4	4 bd · 3 ba · sleeps 8	$53,193	$327	45%	4.8★ (59)	0.5 mi	Airbnb Vrbo
New! Red Maple Cabin	3 bd · 2 ba · sleeps 6	$23,811	$285	23%	—	0.5 mi	Airbnb Booking
Cabin • Stunning Views • 6-person Hot Tub Cabin	3 bd · 2 ba · sleeps 6	$46,177	$168	75%	4.8★ (66)	0.5 mi	Airbnb Booking
Hot Tub • Endless Views • Smoky Mountain Escape Cabin Hot tub A/C Free parking Wifi +4	3 bd · 2 ba · sleeps 6	$18,787	$239	22%	5★ (9)	0.5 mi	Airbnb

Show 7 more

Hawks Nest by Beyond Expectations: w/ Hot Tub
House · 3 bd · 2 ba · sleeps 7 · 0.5 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +4
Revenue $27,083ADR $166Occ ≈ 45%3.5★ (17)
Airbnb Vrbo Booking
Smoky Mountain get away
House · 5 bd · 3 ba · sleeps 12 · 0.6 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +2
Revenue $1,162ADR $290Occ ≈ 1%5★ (1)
Airbnb
Family Smoky Mountain Retreat! 5BR House
House · 5 bd · 3 ba · sleeps 12 · 0.6 mi
- A/C
- Free parking
- Pets OK
- Wifi
- +4
Revenue $10,590ADR $439Occ ≈ 7%5★ (1)
Airbnb Vrbo Booking
Luxury Home with Roof Top Deck and stunning views!
House · 3 bd · 2.5 ba · sleeps 9 · 0.6 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +4
Revenue $55,159ADR $398Occ ≈ 38%4.8★ (52)
Airbnb Vrbo
Secluded Cabin w/ Hot Tub & Stunning Mountain
Cabin · 3 bd · 2 ba · sleeps 6 · 0.6 mi
Revenue $20,487ADR $247Occ ≈ 23%4.8★ (8)
Booking
Serenity Vista by American Patriot Getaways
Vacation home · 5 bd · 3 ba · sleeps 14 · 0.6 mi
Revenue $112,637ADR $428Occ ≈ 72%—
Booking
English Mountain Area - Great Mountain Views
Cabin · 3 bd · 3 ba · sleeps 14 · 0.7 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +5
Revenue $79,086ADR $383Occ ≈ 57%4.5★ (7)
Airbnb Vrbo

Listing	Size	Revenue (12 mo)	ADR	Occ ≈	Rating	Distance	Links
Hawks Nest by Beyond Expectations: w/ Hot Tub House Hot tub A/C Free parking Wifi +4	3 bd · 2 ba · sleeps 7	$27,083	$166	45%	3.5★ (17)	0.5 mi	Airbnb Vrbo Booking
Smoky Mountain get away House A/C Free parking Wifi Kitchen +2	5 bd · 3 ba · sleeps 12	$1,162	$290	1%	5★ (1)	0.6 mi	Airbnb
Family Smoky Mountain Retreat! 5BR House House A/C Free parking Pets OK Wifi +4	5 bd · 3 ba · sleeps 12	$10,590	$439	7%	5★ (1)	0.6 mi	Airbnb Vrbo Booking
Luxury Home with Roof Top Deck and stunning views! House Hot tub A/C Free parking Pets OK +4	3 bd · 2.5 ba · sleeps 9	$55,159	$398	38%	4.8★ (52)	0.6 mi	Airbnb Vrbo
Secluded Cabin w/ Hot Tub & Stunning Mountain Cabin	3 bd · 2 ba · sleeps 6	$20,487	$247	23%	4.8★ (8)	0.6 mi	Booking
Serenity Vista by American Patriot Getaways Vacation home	5 bd · 3 ba · sleeps 14	$112,637	$428	72%	—	0.6 mi	Booking
English Mountain Area - Great Mountain Views Cabin Hot tub A/C Free parking Wifi +5	3 bd · 3 ba · sleeps 14	$79,086	$383	57%	4.5★ (7)	0.7 mi	Airbnb 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

Financing

Management

Purchase priceAlready furnishedTax bracketCount tax savings in returnsOnly if you can use the losses (STR loophole)

Est. revenue

$43,210

NOI

$23,902

Cash flow /mo

$1,992

Cash needed

$476,199

Cash-on-cash (all cash)

5.0%

ROE (yr 1)

7.7%

Cap rate

5.6%

DSCR

—

Year-1 write-off

$145,141

Year-1 tax shield @ 32%

$46,445

Year-1 return on equity

Cash flow (annual)$23,902
Principal paydown (n/a, cash)$0
Appreciation at%$12,900

ROE7.7%

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)$8,642
Platform fees (3% of revenue)$1,296
Maintenance / capex (5% of revenue)$2,161
Utilities & supplies$4,200
HOA$96
Property tax$333
Insurance (STR-rated)$2,580

Cash needed to close

Purchase price (all cash)$429,999
Closing costs (4.0%)$17,200
Furnishing (bought new)$29,000

Tax savings if the STR loophole applies

Tax shield @ 32%$46,445

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

$404,000

Short-life (5/15-yr)

$116,000 · 29%

Year-1 deduction

$145,000

Year-1 tax shield @ 32%

$46,000

Land 6% (county tax record, market value split) · building $288,000 over 39 years · new furniture $29,000

Based on: 1,602 sq ft, built 1976, 4 bd / 2 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: $93,000 in year 1 (16% short-life, $30,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$91,900

Kitchen cabinetsdefault
$9,300 new × 40% good × 2.95 allocation
$11,000
Kitchen countertopsdefault
$7,600 new × 40% good × 2.95 allocation
$9,000
Decorative trimdefault
$2,800 new × 40% good × 2.95 allocation
$3,300
Mirrorsdefault
$300 new × 40% good × 2.95 allocation
$400
Shelvingdefault
$1,500 new × 40% good × 2.95 allocation
$1,800
Window coverings (16)default
$4,000 new × 40% good × 2.95 allocation
$4,700
Carpet, vinyl & laminate (100% of floors)listing
$10,300 new × 40% good × 2.95 allocation
$12,200
Kitchen & laundry equipment plumbingdefault
$7,200 new × 40% good × 2.95 allocation
$8,500
Kitchen, laundry & data equipment electricaldefault
$4,400 new × 40% good × 2.95 allocation
$5,200
Appliances (microwave, dishwasher, refrigerator, washer, dryer)listing
$5,900 new × 40% good × 2.95 allocation
$7,000
Furniture bought newlisting
$23,000 new × 100% good · bought separately
$23,000
Game-room equipment bought newlisting
$6,000 new × 100% good · bought separately
$6,000

15-year land improvements$52,900

Paving: driveway & walks (paved)default
$8,300 new × 50% good × 2.95 allocation
$12,200
Landscaping (typical)default
$8,000 new × 50% good × 2.95 allocation
$11,800
Patiosdefault
$1,600 new × 50% good × 2.95 allocation
$2,300
Decks & porches (attached)listing
$18,000 new × 50% good × 2.95 allocation
$26,600

Building, 39-year$288,300

Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$173,200 new × 40% good × 2.95 allocation
$204,300
Building plumbing & fixturesdefault
$18,000 new × 40% good × 2.95 allocation
$21,200
Building electrical & lightingdefault
$17,600 new × 40% good × 2.95 allocation
$20,700
HVACdefault
$18,000 new × 40% good × 2.95 allocation
$21,300
Fireplacelisting
$2,600 new × 40% good × 2.95 allocation
$3,100
Septic systemlisting
$12,000 new × 50% good × 2.95 allocation
$17,700

About the property

Sold furnishedGame roomHot tubPoolDeckDrivewayLandscapingFencedIrrigationLong-term rental (27.5-yr)Carpet / vinyl / laminate %Placed in serviceClosing costs $ (adds to basis)Land %Bonus depreciation %

Depreciation schedule: typical cost seg study

Year	5-yr	15-yr	Building	Total
1	$91,900	$52,900	$300	$145,100
2	$0	$0	$7,400	$7,400
3	$0	$0	$7,400	$7,400
4	$0	$0	$7,400	$7,400
5	$0	$0	$7,400	$7,400
6+	$0	$0	$258,500	$258,500
Total	$91,900	$52,900	$288,300	$433,200

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.