704 SE Selma Ln
Gatlinburg, TN 37738
$445,000
2 bd · 2 ba · 1,280 sqft · Listed 1d ago
View on Realtor.com →Year built
1971
Sqft
1,280
Lot sqft
44,431
HOA / mo
None
Furnished
No
List date
2026-10-02T02:01:17.000000Z
Revenue
Annual revenue
$42,488
ADR
$207
Occupancy
56%
Cleaning fees (12 mo)
$8,293
Confidence
Med (53.37), 49 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $39,512
Sauna, Cold Plunge, Arcade, Bears, Pool, Free Pass
Cabin · 2 bd · 2 ba · sleeps 4 · 404 ft
Revenue $25,362ADR $306Occ ≈ 23%—
Updated cabin, Quiet & convenient, Relax & unwind
Cabin · 2 bd · 2 ba · sleeps 4 · 0.1 mi
Revenue $50,587ADR $231Occ ≈ 60%5★ (67)
Mountain Mist by Avada Properties
Vacation home · 2 bd · 1 ba · sleeps 4 · 0.2 mi
Revenue $14,807ADR $157Occ ≈ 26%—
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Sauna, Cold Plunge, Arcade, Bears, Pool, Free Pass Cabin | 2 bd · 2 ba · sleeps 4 | $25,362 | $306 | 23% | — | 404 ft | Airbnb |
2/2 Gorgeous! Freetickets2Dolly, Anakees, Aquar, Gatlin Cabin | 2 bd · 2 ba · sleeps 4 | $20,452 | $253 | 22% | — | 0.1 mi | AirbnbVrbo |
2 BR w/ King Beds, Arcade Game, Pool Table, Luxury Cabin | 2 bd · 2 ba · sleeps 6 | $48,544 | $278 | 48% | 4.8★ (38) | 0.1 mi | AirbnbVrboBooking |
Gburg Cabin | Sleeps 4 | Free Anakeesta Ticket Cabin | 2 bd · 2 ba · sleeps 4 | $39,589 | $258 | 42% | 4.9★ (36) | 0.1 mi | AirbnbVrboBooking |
Updated cabin, Quiet & convenient, Relax & unwind Cabin | 2 bd · 2 ba · sleeps 4 | $50,587 | $231 | 60% | 5★ (67) | 0.1 mi | Airbnb |
2BR cabin, Close to Gatlinburg, with Hot tub! Cabin | 2 bd · 2 ba · sleeps 6 | $34,173 | $224 | 42% | 4.5★ (96) | 0.1 mi | AirbnbVrboBooking |
Black Bear Retreat 2 Beds! Cabin | 2 bd · 2 ba · sleeps 4 | $44,625 | $338 | 36% | — | 0.2 mi | AirbnbBooking |
*New Cabin*| Indoor Swim Spa | Hot Tub | Game Room Cabin | 2 bd · 2.5 ba · sleeps 6 | $3,223 | $268 | 3% | 5★ (4) | 0.2 mi | AirbnbVrbo |
Mountain Mist by Avada Properties Vacation home | 2 bd · 1 ba · sleeps 4 | $14,807 | $157 | 26% | — | 0.2 mi | Booking |
Cozy Cabin, Sleeps 6・Hot Tub・Grill・Games Cabin | 2 bd · 2 ba · sleeps 6 | $38,517 | $186 | 57% | 5★ (2) | 0.2 mi | AirbnbVrboBooking |
Show 38 more
Heavenly Haven – Romantic 2-BR Chalet, Hot Tub, Game room and Resort Pool
Vacation home · 2 bd · 2 ba · sleeps 8 · 0.2 mi
Revenue $39,780ADR $310Occ ≈ 35%—
Fox's Den. 2 bd 2 ba sleeps 6. Near Gatlinburg and the Arts and Crafts Community
Cabin · 2 bd · 2 ba · sleeps 6 · 0.2 mi
Revenue $39,434ADR $191Occ ≈ 57%5★ (249)
2BR, Fireside jacuzzi in both bedrooms
Cabin · 2 bd · 2.5 ba · sleeps 8 · 0.2 mi
Revenue $42,280ADR $296Occ ≈ 39%4.7★ (22)
Morning Mist Cottage | Romantic Getaway w/ Hot Tub
House · 2 bd · 1 ba · sleeps 4 · 0.2 mi
Revenue $5,889ADR $173Occ ≈ 9%3.8★ (5)
Cozy Cabin Close to Amazing Activities in Gatlinburg, Tennessee
Cabin · 2 bd · 3 ba · sleeps 6 · 0.3 mi
Revenue $11,487ADR $401Occ ≈ 8%—
Beary Charming Hottub Great Location 4 Miles to Gatlinburg
Chalet · 2 bd · 1 ba · sleeps 4 · 0.3 mi
Revenue $55,359ADR $218Occ ≈ 70%4.7★ (23)
Near Dollywood Cabin Escape・Deck・Private Hot Tub
Cabin · 2 bd · 1 ba · sleeps 6 · 0.3 mi
Revenue $5,085ADR $200Occ ≈ 7%1.5★ (2)
Fabulous Cabin with Nice Forest Vistas in Gatlinburg, Tennessee
House · 2 bd · 1 ba · sleeps 4 · 0.3 mi
Revenue $4,744ADR $296Occ ≈ 4%—
Free tickts,new 2 BD,hot tub,Gatlinburg, views!
Cabin · 2 bd · 2 ba · sleeps 6 · 0.3 mi
Revenue $58,281ADR $219Occ ≈ 73%5★ (14)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Heavenly Haven – Romantic 2-BR Chalet, Hot Tub, Game room and Resort Pool Vacation home | 2 bd · 2 ba · sleeps 8 | $39,780 | $310 | 35% | — | 0.2 mi | Booking |
Heavenly Haven – Romantic 2-BR Chalet, Hot Tub, Ga Chalet | 2 bd · 2.5 ba · sleeps 8 | $31,020 | $271 | 31% | 4.7★ (3) | 0.2 mi | AirbnbBooking |
*5 Mins to Gatlinburg!* 2BR w/Hot Tub + Fireplace Cabin | 2 bd · 2 ba · sleeps 6 | $52,958 | $203 | 71% | 4.8★ (99) | 0.2 mi | AirbnbVrbo |
2 bedroom Cabin w/HotTub in Screened-in Patio Cabin | 2 bd · 1 ba · sleeps 4 | $67,691 | $209 | 89% | 5★ (113) | 0.2 mi | AirbnbVrboBooking |
2 BR cabin with hot tub, out door dining & arcade Cabin | 2 bd · 2 ba · sleeps 6 | $38,623 | $245 | 43% | 5★ (1) | 0.2 mi | AirbnbVrbo |
4 Miles To Gatlinburg | Free Tickets Cabin | 2 bd · 2 ba · sleeps 6 | $30,851 | $204 | 41% | 4.5★ (106) | 0.2 mi | AirbnbVrbo |
Fox's Den. 2 bd 2 ba sleeps 6. Near Gatlinburg and the Arts and Crafts Community Cabin | 2 bd · 2 ba · sleeps 6 | $39,434 | $191 | 57% | 5★ (249) | 0.2 mi | Vrbo |
Private Modern Getaway •Hot Tub •5 min to Downtown House | 2 bd · 1 ba · sleeps 4 | $49,863 | $209 | 65% | 4.9★ (54) | 0.2 mi | AirbnbVrbo |
Hidden Charm | Hot Tub + Near Downtown Gatlinburg Cabin | 2 bd · 2 ba · sleeps 4 | $29,509 | $219 | 37% | 4.5★ (22) | 0.2 mi | AirbnbVrbo |
Divine Escape 2BR, close to Gatlinburg. Cabin | 2 bd · 2 ba · sleeps 6 | $48,922 | $236 | 57% | 4.2★ (29) | 0.2 mi | AirbnbBooking |
Hidden Dreams | Cozy + Hot Tub Cabin | 2 bd · 2 ba · sleeps 6 | $39,957 | $224 | 49% | 4.7★ (27) | 0.2 mi | AirbnbVrbo |
Quaint Smoky Mountain Cabin - 4 Mi to Gatlinburg! Cabin | 2 bd · 1 ba · sleeps 4 | $37,836 | $196 | 53% | 5★ (198) | 0.2 mi | AirbnbVrboBooking |
2BR, Fireside jacuzzi in both bedrooms Cabin | 2 bd · 2.5 ba · sleeps 8 | $42,280 | $296 | 39% | 4.7★ (22) | 0.2 mi | Airbnb |
Hidden View | Hot Tub + Cozy Cabin Cabin | 2 bd · 2 ba · sleeps 6 | $31,386 | $223 | 39% | 4.5★ (14) | 0.2 mi | AirbnbVrbo |
Hidden Treasure | Near Downtown Gatlinburg Cabin | 2 bd · 2 ba · sleeps 6 | $37,199 | $229 | 45% | 4.7★ (27) | 0.2 mi | AirbnbVrbo |
Morning Mist Cottage | Romantic Getaway w/ Hot Tub House | 2 bd · 1 ba · sleeps 4 | $5,889 | $173 | 9% | 3.8★ (5) | 0.2 mi | Airbnb |
Smoky Mountain Cabin w/ Free Attraction Tickets Cabin | 2 bd · 1 ba · sleeps 6 | $9,382 | $199 | 13% | 4.5★ (72) | 0.2 mi | AirbnbVrboBooking |
Close To Gatlinburg Strip HotTub December Savings Cabin | 2 bd · 2.5 ba · sleeps 6 | $37,056 | $204 | 50% | 4.7★ (119) | 0.2 mi | AirbnbVrbo |
*Cozy Cabin With Hot Tub in Gatlinburg* Cabin | 2 bd · 2.5 ba · sleeps 6 | $42,197 | $240 | 48% | 4.7★ (234) | 0.2 mi | AirbnbVrbo |
Hot Tub | Pool Table | Sleeps 7 | Gatlinburg Cabin | 2 bd · 2 ba · sleeps 7 | $36,331 | $230 | 43% | 4.8★ (39) | 0.2 mi | AirbnbVrbo |
Point Of View - Spacious 2 Bedroom With a Loft Cabin | 2 bd · 2 ba · sleeps 6 | $53,949 | $235 | 63% | 4.3★ (78) | 0.2 mi | AirbnbVrboBooking |
Cozy Smoky Mountain Cabin - Hot Tub-Prime Location Cabin | 2 bd · 1 ba · sleeps 4 | $45,387 | $206 | 60% | 5★ (53) | 0.3 mi | AirbnbVrbo |
Tranquil 2BD Cabin w/ HOT TUB! Arcade + Near Town Cabin | 2 bd · 1 ba · sleeps 4 | $40,333 | $185 | 60% | 4.8★ (76) | 0.3 mi | AirbnbVrbo |
Cozy Cabin Close to Amazing Activities in Gatlinburg, Tennessee Cabin | 2 bd · 3 ba · sleeps 6 | $11,487 | $401 | 8% | — | 0.3 mi | Vrbo |
Gatlinburg~Hot Tub~WiFi~Pool Table~Arts~Ripleys! Cabin | 2 bd · 2.5 ba · sleeps 6 | $60,306 | $278 | 59% | 4.8★ (41) | 0.3 mi | AirbnbVrboBooking |
Beary Charming Hottub Great Location 4 Miles to Gatlinburg Chalet | 2 bd · 1 ba · sleeps 4 | $55,359 | $218 | 70% | 4.7★ (23) | 0.3 mi | Booking |
Near Dollywood Cabin Escape・Deck・Private Hot Tub Cabin | 2 bd · 1 ba · sleeps 6 | $5,085 | $200 | 7% | 1.5★ (2) | 0.3 mi | Airbnb |
Hottub* Great Location 3.5 Miles Gatlinburg Cabin | 2 bd · 1 ba · sleeps 4 | $48,140 | $227 | 58% | 4.9★ (83) | 0.3 mi | AirbnbVrboBooking |
Private Hot Tub・Near Dollywood Cabin Escape・Deck Cabin | 2 bd · 1 ba · sleeps 6 | $16,191 | $188 | 24% | 3.9★ (12) | 0.3 mi | AirbnbVrboBooking |
Mountain Serenity | By Colonial Properties Cabin | 2 bd · 2 ba · sleeps 7 | $56,380 | $236 | 65% | 4.4★ (61) | 0.3 mi | AirbnbVrbo |
Fabulous Cabin with Nice Forest Vistas in Gatlinburg, Tennessee House | 2 bd · 1 ba · sleeps 4 | $4,744 | $296 | 4% | — | 0.3 mi | Vrbo |
Silver Maple Summit -Gatlinburg-Free tix-Pets OK Cabin | 2 bd · 2 ba · sleeps 7 | $12,884 | $299 | 12% | 4.7★ (3) | 0.3 mi | AirbnbVrboBooking |
Hot Tub*3.5 Miles to Gatlinburg*National Park! Cabin | 2 bd · 1 ba · sleeps 4 | $53,072 | $241 | 60% | 4.8★ (104) | 0.3 mi | AirbnbVrboBooking |
Moonshine Ridge- 5.5 Miles to Smokies! Chalet | 2 bd · 2.5 ba · sleeps 6 | $47,984 | $205 | 64% | 4.8★ (137) | 0.3 mi | AirbnbVrboBooking |
Cozy&Hot Tub& patio-pets friendly in Gatlinburg House | 2 bd · 2.5 ba · sleeps 5 | $46,266 | $272 | 47% | 4.7★ (27) | 0.3 mi | AirbnbVrboBooking |
Modern Close to Downtown Gameroom Hot Tub Arcade Cabin | 2 bd · 2 ba · sleeps 7 | $76,519 | $284 | 74% | 4.9★ (202) | 0.3 mi | AirbnbVrboBooking |
Sleeps 4, Gatlinburg Cabin with Hot Tub, 2 Scenic Cabin | 2 bd · 2 ba · sleeps 4 | $36,634 | $245 | 41% | 4.8★ (28) | 0.3 mi | AirbnbVrboBooking |
Free tickts,new 2 BD,hot tub,Gatlinburg, views! Cabin | 2 bd · 2 ba · sleeps 6 | $58,281 | $219 | 73% | 5★ (14) | 0.3 mi | Airbnb |
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
Est. revenue
$42,488
NOI
$23,032
Cash flow /mo
$1,919
Cash needed
$478,800
Cash-on-cash (all cash)
4.8%
ROE (yr 1)
7.6%
Cap rate
5.2%
DSCR
—
Year-1 write-off
$126,113
Year-1 tax shield @ 32%
$40,356
Year-1 return on equity
- Cash flow (annual)$23,032
- Principal paydown (n/a, cash)$0
- Appreciation at%$13,350
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)$8,498
- Platform fees (3% of revenue)$1,275
- Maintenance / capex (5% of revenue)$2,124
- Utilities & supplies$4,200
- HOA$0
- Property tax$689
- Insurance (STR-rated)$2,670
Cash needed to close
- Purchase price (all cash)$445,000
- Closing costs (4.0%)$17,800
- Furnishing (bought new)$16,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$40,356
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
$363,000
Short-life (5/15-yr)
$110,000 · 30%
Year-1 deduction
$126,000
Year-1 tax shield @ 32%
$40,000
Land 18% (county tax record, market value split) · building $254,000 over 39 years · new furniture $16,000
Based on: 1,280 sq ft, built 1971, 2 bd / 2 ba, unfurnished, listing features (deck, flooring types, appliance list, wooded lot).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $75,000 in year 1 (16% short-life, $24,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $11,900
Kitchen cabinetsdefault
$8,600 new × 40% good × 3.45 allocation
- $9,700
Kitchen countertopsdefault
$7,000 new × 40% good × 3.45 allocation
- $3,100
Decorative trimdefault
$2,200 new × 40% good × 3.45 allocation
- $400
Mirrorsdefault
$300 new × 40% good × 3.45 allocation
- $1,200
Shelvingdefault
$900 new × 40% good × 3.45 allocation
- $4,500
Window coverings (13)default
$3,300 new × 40% good × 3.45 allocation
- $7,600
Carpet, vinyl & laminate (67% of floors)listing
$5,500 new × 40% good × 3.45 allocation
- $9,200
Kitchen & laundry equipment plumbingdefault
$6,700 new × 40% good × 3.45 allocation
- $5,600
Kitchen, laundry & data equipment electricaldefault
$4,000 new × 40% good × 3.45 allocation
- $10,600
Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing
$7,700 new × 40% good × 3.45 allocation
- $16,000
Furniture bought newlisting
$16,000 new × 100% good · bought separately
- $12,800
Paving: driveway & walks (paved)default
$7,400 new × 50% good × 3.45 allocation
- $6,200
Landscaping (minimal)listing
$3,600 new × 50% good × 3.45 allocation
- $2,200
Patiosdefault
$1,300 new × 50% good × 3.45 allocation
- $24,800
Decks & porches (attached)listing
$14,400 new × 50% good × 3.45 allocation
- $191,400
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$138,700 new × 40% good × 3.45 allocation
- $19,800
Building plumbing & fixturesdefault
$14,400 new × 40% good × 3.45 allocation
- $18,600
Building electrical & lightingdefault
$13,500 new × 40% good × 3.45 allocation
- $19,900
HVACdefault
$14,400 new × 40% good × 3.45 allocation
- $3,800
Hardwood & tile floorsdefault
$2,700 new × 40% good × 3.45 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $79,900 | $46,000 | $300 | $126,100 |
| 2 | $0 | $0 | $6,500 | $6,500 |
| 3 | $0 | $0 | $6,500 | $6,500 |
| 4 | $0 | $0 | $6,500 | $6,500 |
| 5 | $0 | $0 | $6,500 | $6,500 |
| 6+ | $0 | $0 | $227,200 | $227,200 |
| Total | $79,900 | $46,000 | $253,500 | $379,400 |
The building's share of the price ($363,000) is 3.5x our depreciated replacement cost of the home ($105,000). 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.