855 Campbell Lead Rd Unit 109
Gatlinburg, TN 37738
$685,000
2 bd · 2 ba · 1,506 sqft · Listed 1d ago
View on Realtor.com →Year built
2024
Sqft
1,506
Lot sqft
—
HOA / mo
$700
Furnished
No
List date
2026-10-30T16:21:16.000000Z
Revenue
Annual revenue
$64,049
ADR
$274
Occupancy
64%
Cleaning fees (12 mo)
$8,289
Confidence
Low (38.07), 50 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $56,042
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
 Wake up to Smoky Mountain views! 2BR condo—plus en Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $61,524 | $290 | 58% | 5★ (39) | 144 ft | AirbnbVrboBooking |
 2 BD| Pool & Mountain View| Sleeps 6| Luxury Renta Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $63,929 | $298 | 59% | 4.9★ (36) | 144 ft | AirbnbVrboBooking |
 New 2 BD- Luxury Vacation and Amenities- Free Tkts Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $86,875 | $301 | 79% | 4.8★ (26) | 144 ft | AirbnbVrboBooking |
 Highlands of the Smokies, 2 BR, Views, Free Ticket Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $56,983 | $299 | 52% | 4.8★ (31) | 144 ft | AirbnbBooking |
 2 BD| Pool & Mountain View| Sleeps 6| Luxury Renta Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $66,950 | $295 | 62% | 5★ (54) | 144 ft | AirbnbVrboBooking |
 2 BD| Pool & Mountain View| Sleeps 6| Luxury Renta Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $69,447 | $302 | 63% | 4.9★ (15) | 144 ft | AirbnbVrboBooking |
 Gatlinburg 2 BD| Luxury Vacation Rental| Free Tick Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $91,910 | $311 | 81% | 5★ (29) | 144 ft | AirbnbVrboBooking |
 2 BD| Pool & Mountain View| Sleeps 6| Luxury Renta Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $66,960 | $304 | 60% | 5★ (25) | 144 ft | AirbnbVrbo |
 2 BD| Pool & Mountain View| Sleeps 6| Luxury Renta Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $74,849 | $305 | 67% | 4.9★ (11) | 144 ft | AirbnbBooking |
 2 BD| Pool & Mountain View| Sleeps 6| Gatlinburg R Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $78,463 | $302 | 71% | 5★ (2) | 144 ft | AirbnbBooking |
Show 39 more
Gatlinburg 2 BD| Luxury Vacation Rental| Free Tickets & Views for miles!
Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 154 ft
- Pool
- Wifi
- Kitchen
- Washer
- +2
Revenue $83,654ADR $279Occ ≈ 82%5★ (28)
Eagles Nest • Mountain View • Hot Tub • Location
Cabin · 2 bd · 2 ba · sleeps 4 · 0.3 mi
- Hot tub
- Pool
- A/C
- Free parking
- +4
Revenue $39,274ADR $279Occ ≈ 39%5★ (11)
A+ CONDO AWESOME LOCATION INSTALLED NEW MATTRESSES IN BOTH BEDROOMS - AUG 2025
Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 0.4 mi
- Hot tub
- Pool
- A/C
- Free parking
- +5
Revenue $34,030ADR $160Occ ≈ 58%4.7★ (280)
Peaceful Gatlinburg Condo Escape Near Downtown
Condominium (condo) · 2 bd · 2 ba · sleeps 4 · 0.4 mi
Revenue $1,288ADR $184Occ ≈ 2%—
Delisted
HUGE VIEWS! | Fire Pit | Near DTown Gatlinburg!
Cabin · 2 bd · 1.5 ba · sleeps 4 · 0.4 mi
Revenue $75,111ADR $577Occ ≈ 36%5★ (231)
Delisted
Relaxing Mountain Escape
Apartment · 2 bd · 1 ba · sleeps 4 · 0.4 mi
Revenue $17,917ADR $192Occ ≈ 26%4.5★ (3)
Cozy 2-bedroom cabin in fantastic Gatlinburg with WiFi, AC
Cabin · 2 bd · 3 ba · sleeps 4 · 0.5 mi
Revenue $22,777ADR $185Occ ≈ 34%3.4★ (9)
Delisted
Peaceful Smoky Mountain Escape Near Town!
Condominium (condo) · 2 bd · 2 ba · sleeps 4 · 0.5 mi
Revenue $2,718ADR $302Occ ≈ 2%—
Delisted
Relaxing Smoky Edge Condo Near Downtown・Sleeps 4
Condominium (condo) · 2 bd · 2 ba · sleeps 4 · 0.5 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +1
Revenue $8,745ADR $119Occ ≈ 20%5★ (2)
Relaxing Smoky Edge Condo Near Downtown・Sleeps 4
Condominium (condo) · 2 bd · 2 ba · sleeps 4 · 0.5 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +1
Revenue $8,211ADR $132Occ ≈ 17%3★ (1)
Relaxing Smoky Edge Condo Near Downtown・Sleeps 4
Condominium (condo) · 2 bd · 2 ba · sleeps 4 · 0.5 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +1
Revenue $7,777ADR $119Occ ≈ 18%2★ (1)
Relaxing Smoky Edge Condo Near Downtown・Sleeps 4
Condominium (condo) · 2 bd · 2 ba · sleeps 4 · 0.5 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +1
Revenue $6,419ADR $121Occ ≈ 15%—
Relaxing Smoky Edge Condo Near Downtown・Sleeps 4
Condominium (condo) · 2 bd · 2 ba · sleeps 4 · 0.5 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +1
Revenue $5,650ADR $107Occ ≈ 14%—
Relaxing Smoky Mountain Condo Near Town
Condominium (condo) · 2 bd · 2 ba · sleeps 4 · 0.5 mi
Revenue $1,812ADR $302Occ ≈ 2%—
Delisted
Modern Cabin With Unbelievable View and Great Location with large hot tub!!
Cabin · 2 bd · 2 ba · sleeps 6 · 0.5 mi
- Hot tub
- Pool
- A/C
- Free parking
- +5
Revenue $81,821ADR $304Occ ≈ 74%4.9★ (228)
Cozy 2bedroom Chalet Village Luxury Cabin close to Ober, Downtown, Smoky Mtns
Cabin · 2 bd · 2.5 ba · sleeps 4 · 0.5 mi
Revenue $20,750ADR $233Occ ≈ 24%5★ (3)
Delisted
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
NEW Condo Resort- Luxury-Sleeps 6-Stunning Views! Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $56,042 | $322 | 48% | 4.9★ (26) | 154 ft | AirbnbBooking |
Gatlinburg 2 BD| Luxury Vacation Rental| Free Tickets & Views for miles! Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $83,654 | $279 | 82% | 5★ (28) | 154 ft | Vrbo |
2 Bd with Views- New Luxury Condo- Outdoor Pool-Sl Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $70,922 | $319 | 61% | 5★ (26) | 171 ft | AirbnbVrboBooking |
Gatlinburg Condo • 2 King Beds • Views• Pool Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $54,805 | $302 | 50% | 5★ (44) | 171 ft | AirbnbVrboBooking |
2 BD New Luxury Condo- Outdoor Pool-Sleeps 6- Free Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $78,668 | $302 | 71% | 4.8★ (29) | 171 ft | AirbnbVrboBooking |
2 BR/2 BA Luxury Gatlinburg Condo with $1000 of Fr Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $65,128 | $300 | 59% | 5★ (44) | 171 ft | AirbnbVrboBooking |
Discover Gatlinburg in Luxury - 2 BR! Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $73,495 | $307 | 66% | 5★ (26) | 171 ft | AirbnbVrboBooking |
2BD-Sleeps6- New Luxury Condo with Bird's Eye View Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $80,585 | $315 | 70% | 4.7★ (33) | 171 ft | AirbnbVrboBooking |
Luxurious Unit - Mountain Views Apartment
| 2 bd · 2 ba · sleeps 6 | $48,541 | $377 | 35% | 5★ (31) | 223 ft | AirbnbVrbo |
2 King Suites + Hot Tub | Sleeps 6 | Gatlinburg Cabin
| 2 bd · 2 ba · sleeps 6 | $42,103 | $269 | 43% | 4.9★ (277) | 0.2 mi | AirbnbVrbo |
Eagles Nest • Mountain View • Hot Tub • Location Cabin
| 2 bd · 2 ba · sleeps 4 | $39,274 | $279 | 39% | 5★ (11) | 0.3 mi | Airbnb |
A+ CONDO AWESOME LOCATION INSTALLED NEW MATTRESSES IN BOTH BEDROOMS - AUG 2025 Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $34,030 | $160 | 58% | 4.7★ (280) | 0.4 mi | Vrbo |
Gatlinburg Cabin-Hot Tub-FREE Tickets! Cabin
| 2 bd · 2 ba · sleeps 4 | $53,493 | $218 | 67% | 4.9★ (57) | 0.4 mi | AirbnbVrbo |
Walkable Creekside Retreat with Hot Tub House
| 2 bd · 2 ba · sleeps 6 | $85,175 | $275 | 85% | 4.9★ (297) | 0.4 mi | AirbnbVrbo |
Whispering Waters Chalet | 2 bd · 1 ba · sleeps 4 | $38,323 | $276 | 38% | — | 0.4 mi | Booking |
Cozy Creek Cottage•HotTub•PoolTable•FirePit Cabin
| 2 bd · 2.5 ba · sleeps 4 | $52,026 | $283 | 50% | 4.8★ (102) | 0.4 mi | AirbnbVrbo |
Peaceful Gatlinburg Condo Escape Near Downtown Condominium (condo) | 2 bd · 2 ba · sleeps 4 | $1,288 | $184 | 2% | — | 0.4 mi | Delisted |
Relaxing Smoky Edge Condo Near Downtown・Sleeps 4 Condominium (condo)
| 2 bd · 2 ba · sleeps 4 | $9,309 | $135 | 19% | 4.8★ (18) | 0.4 mi | AirbnbVrbo |
HUGE VIEWS! | Fire Pit | Near DTown Gatlinburg! Cabin | 2 bd · 1.5 ba · sleeps 4 | $75,111 | $577 | 36% | 5★ (231) | 0.4 mi | Delisted |
Relaxing Mountain Escape Apartment | 2 bd · 1 ba · sleeps 4 | $17,917 | $192 | 26% | 4.5★ (3) | 0.4 mi | Booking |
Patriots Den - King Suites and Porch Swings Cabin
| 2 bd · 2.5 ba · sleeps 6 | $49,494 | $311 | 44% | 4.7★ (70) | 0.4 mi | AirbnbVrboBooking |
Gatlinburg Condo Near Downtown & Smoky Mountains Apartment
| 2 bd · 2 ba · sleeps 6 | $6,207 | $141 | 12% | 4.3★ (44) | 0.5 mi | AirbnbVrbo |
2BR Getaway | King Bed + Spa Tub + Pool Serviced apartment
| 2 bd · 2 ba · sleeps 6 | $36,046 | $336 | 29% | — | 0.5 mi | AirbnbVrbo |
Cozy 2-bedroom cabin in fantastic Gatlinburg with WiFi, AC Cabin | 2 bd · 3 ba · sleeps 4 | $22,777 | $185 | 34% | 3.4★ (9) | 0.5 mi | Delisted |
Peaceful Smoky Mountain Escape Near Town! Condominium (condo) | 2 bd · 2 ba · sleeps 4 | $2,718 | $302 | 2% | — | 0.5 mi | Delisted |
Relaxing Smoky Edge Condo Near Downtown・Sleeps 4 Condominium (condo)
| 2 bd · 2 ba · sleeps 4 | $8,745 | $119 | 20% | 5★ (2) | 0.5 mi | Vrbo |
Relaxing Smoky Edge Condo Near Downtown・Sleeps 4 Condominium (condo)
| 2 bd · 2 ba · sleeps 4 | $8,211 | $132 | 17% | 3★ (1) | 0.5 mi | Vrbo |
Relaxing Smoky Edge Condo Near Downtown・Sleeps 4 Condominium (condo)
| 2 bd · 2 ba · sleeps 4 | $7,777 | $119 | 18% | 2★ (1) | 0.5 mi | Vrbo |
Relaxing Smoky Edge Condo Near Downtown・Sleeps 4 Condominium (condo)
| 2 bd · 2 ba · sleeps 4 | $6,419 | $121 | 15% | — | 0.5 mi | Vrbo |
Relaxing Smoky Edge Condo Near Downtown・Sleeps 4 Condominium (condo)
| 2 bd · 2 ba · sleeps 4 | $5,650 | $107 | 14% | — | 0.5 mi | Vrbo |
Relaxing Smoky Edge Condo Near Downtown・Sleeps 4 Condominium (condo)
| 2 bd · 2 ba · sleeps 4 | $4,798 | $204 | 6% | 4.5★ (92) | 0.5 mi | AirbnbVrbo |
Relaxing Smoky Mountain Condo Near Town Condominium (condo) | 2 bd · 2 ba · sleeps 4 | $1,812 | $302 | 2% | — | 0.5 mi | Delisted |
WOW View! 2 Master Suites! 4 Decks! Huge Game Room Cabin
| 2 bd · 2 ba · sleeps 6 | $120,310 | $357 | 92% | 5★ (210) | 0.5 mi | AirbnbVrbo |
Hello Smoky's | Panoramic Views, Hot Tub, Game Cabin
| 2 bd · 2.5 ba · sleeps 6 | $112,228 | $400 | 77% | 4.8★ (112) | 0.5 mi | AirbnbVrboBooking |
Modern Cabin With Unbelievable View and Great Location with large hot tub!! Cabin
| 2 bd · 2 ba · sleeps 6 | $81,821 | $304 | 74% | 4.9★ (228) | 0.5 mi | Vrbo |
"Susie's Nest" A Mountain Cabin Cabin
| 2 bd · 3 ba · sleeps 4 | $92,502 | $323 | 78% | 5★ (135) | 0.5 mi | AirbnbVrbo |
Mtn View EPIC view | hottub | theater | pool table Cabin
| 2 bd · 2.5 ba · sleeps 4 | $67,731 | $287 | 65% | 5★ (77) | 0.5 mi | AirbnbVrbo |
Cozy 2bedroom Chalet Village Luxury Cabin close to Ober, Downtown, Smoky Mtns Cabin | 2 bd · 2.5 ba · sleeps 4 | $20,750 | $233 | 24% | 5★ (3) | 0.5 mi | Delisted |
Paradise Peake •PoolTable | HotTub | Epic View Cabin
| 2 bd · 2.5 ba · sleeps 4 | $70,487 | $277 | 70% | 4.8★ (109) | 0.5 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 7.99% = 7.24% Freddie Mac 30-yr avg (Oct 29) + 0.75% investor premium
Est. revenue
$64,049
NOI
$26,562
Cash flow /mo
-$1,553
Cash needed
$214,650
Cash-on-cash
-8.7%
ROE (yr 1)
2.9%
Cap rate
3.9%
DSCR
0.59
Year-1 write-off
$109,429
Year-1 tax shield @ 32%
$35,017
Year-1 return on equity
- Cash flow (annual)-$18,631
- Principal paydown$4,300
- Appreciation at%$20,550
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)$12,810
- Platform fees (3% of revenue)$1,921
- Maintenance / capex (5% of revenue)$3,202
- Utilities & supplies$4,200
- HOA$8,400
- Property tax$2,843
- Insurance (STR-rated)$4,110
Cash needed to close
- Down payment (25%)$171,250
- Closing costs (4.0%)$27,400
- Furnishing (bought new)$16,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$35,017
No county tax record split for property tax, insurance rate and the land/building split, so those use market defaults — edit the price above; 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
$582,000
Short-life (5/15-yr)
$93,000 · 16%
Year-1 deduction
$109,000
Year-1 tax shield @ 32%
$35,000
Land 15% (market default, no usable tax-record split) · building $489,000 over 39 years · new furniture $16,000
Based on: 1,506 sq ft, built 2024, 2 bd / 2 ba, unfurnished, listing features (patio, fireplace, stone counters, flooring types, appliance list).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $63,000 in year 1 (8% short-life, $20,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $18,900
Kitchen cabinetsdefault
$9,100 new × 92% good × 2.26 allocation
- $19,400
Kitchen countertops (stone)listing
$9,300 new × 92% good × 2.26 allocation
- $5,500
Decorative trimdefault
$2,600 new × 92% good × 2.26 allocation
- $600
Mirrorsdefault
$300 new × 83% good × 2.26 allocation
- $1,900
Shelvingdefault
$900 new × 92% good × 2.26 allocation
- $6,800
Window coverings (15)default
$3,800 new × 80% good × 2.26 allocation
- $15,400
Kitchen & laundry equipment plumbingdefault
$7,100 new × 96% good × 2.26 allocation
- $9,300
Kitchen, laundry & data equipment electricaldefault
$4,300 new × 96% good × 2.26 allocation
- $15,300
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)listing
$8,100 new × 83% good × 2.26 allocation
- $16,000
Furniture bought newlisting
$16,000 new × 100% good · bought separately
- $357,000
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$163,400 new × 97% good × 2.26 allocation
- $36,700
Building plumbing & fixturesdefault
$16,900 new × 96% good × 2.26 allocation
- $35,500
Building electrical & lightingdefault
$16,400 new × 96% good × 2.26 allocation
- $34,500
HVACdefault
$17,000 new × 90% good × 2.26 allocation
- $20,200
Hardwood & tile floorsdefault
$9,700 new × 92% good × 2.26 allocation
- $5,500
Fireplacelisting
$2,600 new × 92% good × 2.26 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $108,900 | $0 | $500 | $109,400 |
| 2 | $0 | $0 | $12,500 | $12,500 |
| 3 | $0 | $0 | $12,500 | $12,500 |
| 4 | $0 | $0 | $12,500 | $12,500 |
| 5 | $0 | $0 | $12,500 | $12,500 |
| 6+ | $0 | $0 | $438,600 | $438,600 |
| Total | $108,900 | $0 | $489,300 | $598,300 |
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.