749 Chickasaw Gap Way
Pigeon Forge, TN 37863
$875,000
3 bd · 3 ba · 2,184 sqft · Listed 1d ago
View on Realtor.com →Year built
2007
Sqft
2,184
Lot sqft
436
HOA / mo
$142
Furnished
No
List date
2026-10-25T17:12:52.000000Z
Revenue
Annual revenue
$64,144
ADR
$294
Occupancy
60%
Cleaning fees (12 mo)
$12,924
Confidence
Med (55.96), 49 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $61,155
Forever Yours, 2 Hot tubs, FREE Attraction tickets, WIFI, Near The Parkway in Pigeon Forge!!!
Chalet · 3 bd · 2 ba · sleeps 6 · 0.1 mi
Revenue $44,590ADR $207Occ ≈ 59%3.6★ (7)
Sweet Starlene: in the heart of Pigeon Forge
House · 3 bd · 2 ba · sleeps 8 · 0.2 mi
Revenue $11,715ADR $344Occ ≈ 9%4.7★ (3)
Delisted
Hot tub, pool table, music room, King bed, balcony
House · 3 bd · 2 ba · sleeps 8 · 0.3 mi
Revenue $10,478ADR $283Occ ≈ 10%4.9★ (112)
Delisted
Mountain Retreat with Perfect for Groups in Pigeon Forge, Tennesee
Cabin · 3 bd · 3 ba · sleeps 10 · 0.3 mi
Revenue $44,831ADR $496Occ ≈ 25%—
Quintessential Cabin/one mile to Pkwy/NO PETS!
Cabin · 3 bd · 2.5 ba · sleeps 6 · 0.3 mi
Revenue $59,586ADR $248Occ ≈ 66%4.9★ (270)
*Indoor Salt Heated Pool*HotTub*Games*BBQ
Cabin · 3 bd · 3 ba · sleeps 6 · 0.4 mi
- Hot tub
- Pool
- A/C
- Free parking
- +4
Revenue $71,285ADR $321Occ ≈ 61%5★ (131)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Fall Foliage Views! ArcadeRm|Hot Tub|NearDollywood Cabin
| 3 bd · 3 ba · sleeps 10 | $66,939 | $366 | 50% | 5★ (143) | 436 ft | AirbnbVrbo |
Moose-Themed Cabin w/ Hot Tub & Arcade Games Cabin
| 3 bd · 3 ba · sleeps 10 | $70,581 | $321 | 60% | 4.8★ (58) | 449 ft | AirbnbVrboBooking |
Forever Yours, 2 Hot tubs, FREE Attraction tickets, WIFI, Near The Parkway in Pigeon Forge!!! Chalet | 3 bd · 2 ba · sleeps 6 | $44,590 | $207 | 59% | 3.6★ (7) | 0.1 mi | Booking |
Sweet Starlene: in the heart of Pigeon Forge House | 3 bd · 2 ba · sleeps 8 | $11,715 | $344 | 9% | 4.7★ (3) | 0.2 mi | Delisted |
Hot tub, pool table, music room, King bed, balcony House | 3 bd · 2 ba · sleeps 8 | $10,478 | $283 | 10% | 4.9★ (112) | 0.3 mi | Delisted |
Mountain Retreat with Perfect for Groups in Pigeon Forge, Tennesee Cabin | 3 bd · 3 ba · sleeps 10 | $44,831 | $496 | 25% | — | 0.3 mi | Booking |
Modern Chalet| Heated Pool | Pet Friendly |Hot Tub House
| 3 bd · 3 ba · sleeps 8 | $72,907 | $384 | 52% | 4.8★ (45) | 0.3 mi | AirbnbVrbo |
Quintessential Cabin/one mile to Pkwy/NO PETS! Cabin | 3 bd · 2.5 ba · sleeps 6 | $59,586 | $248 | 66% | 4.9★ (270) | 0.3 mi | Airbnb |
Ideal Location! Pool & Hot Tub•10% First Responder Cabin
| 3 bd · 3 ba · sleeps 10 | $84,273 | $440 | 52% | 4.9★ (210) | 0.3 mi | AirbnbVrboBooking |
*Indoor Salt Heated Pool*HotTub*Games*BBQ Cabin
| 3 bd · 3 ba · sleeps 6 | $71,285 | $321 | 61% | 5★ (131) | 0.4 mi | Airbnb |
Show 27 more
Luxury Retreat in Town! Hot Tub + 2 Game Rooms
Cabin · 3 bd · 3.5 ba · sleeps 10 · 0.4 mi
Revenue $80,368ADR $366Occ ≈ 60%4.8★ (202)
Cute & Cozy Cabin, Hot Tub, 2 Master Suites, Wood Fire Pit, Close to Parkway!
Cabin · 3 bd · 2 ba · sleeps 6 · 0.4 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +4
Revenue $70,483ADR $262Occ ≈ 74%5★ (247)
The Cozy Crest w Private Pool n Hot Tub
Vacation home · 3 bd · 3 ba · sleeps 10 · 0.4 mi
Revenue $83,997ADR $364Occ ≈ 63%—
Smoky Fall Escape | Dollywood • Games • Pets OK
House · 3 bd · 3 ba · sleeps 9 · 0.5 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +6
Revenue $65,655ADR $304Occ ≈ 59%5★ (50)
NEW! Count Your Blessings 3-Bedroom Home with Pool
House · 3 bd · 2 ba · sleeps 10 · 0.5 mi
Revenue $46,796ADR $338Occ ≈ 38%—
Delisted
Foxes Den by Avada Properties
Vacation home · 3 bd · 2 ba · sleeps 6 · 0.5 mi
Revenue $36,572ADR $202Occ ≈ 50%3.4★ (3)
Hillside Haven by Avada Properties
Vacation home · 3 bd · 3 ba · sleeps 6 · 0.5 mi
Revenue $81,337ADR $270Occ ≈ 83%4.9★ (5)
Tuck Away Townhouse by Avada Properties
Vacation home · 3 bd · 2 ba · sleeps 9 · 0.6 mi
Revenue $35,125ADR $143Occ ≈ 67%—
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Indoor Heated Pool*Hot Tub*Fireplace*Game*Sleeps10 Cabin
| 3 bd · 4 ba · sleeps 10 | $88,825 | $361 | 67% | 4.8★ (159) | 0.4 mi | AirbnbVrbo |
Low Rates/Modern Cabin close to Pkwy Hot Tub/Game Cabin
| 3 bd · 3 ba · sleeps 8 | $36,647 | $252 | 40% | 4.8★ (124) | 0.4 mi | AirbnbVrbo |
Fall Sale!Hot Tub·Arcade·New + Modern·5 Min to Par Cabin
| 3 bd · 3 ba · sleeps 8 | $73,377 | $331 | 61% | 5★ (178) | 0.4 mi | AirbnbVrbo |
Luxury Retreat in Town! Hot Tub + 2 Game Rooms Cabin | 3 bd · 3.5 ba · sleeps 10 | $80,368 | $366 | 60% | 4.8★ (202) | 0.4 mi | Airbnb |
Cute & Cozy Cabin, Hot Tub, 2 Master Suites, Wood Fire Pit, Close to Parkway! Cabin
| 3 bd · 2 ba · sleeps 6 | $70,483 | $262 | 74% | 5★ (247) | 0.4 mi | Vrbo |
1.5 Mile to Pkwy! HotTub, Game Room, Wi-Fi, Grill Cabin
| 3 bd · 3 ba · sleeps 8 | $71,178 | $330 | 59% | 4.9★ (165) | 0.4 mi | AirbnbVrbo |
Fall Colors. Hot Tub. Close to Island. Cabin
| 3 bd · 3 ba · sleeps 8 | $80,520 | $306 | 72% | 5★ (274) | 0.4 mi | AirbnbVrbo |
The Cozy Crest w Private Pool n Hot Tub Vacation home | 3 bd · 3 ba · sleeps 10 | $83,997 | $364 | 63% | — | 0.4 mi | Booking |
The Cozy Crest w Private Pool n Hot Tub House
| 3 bd · 3 ba · sleeps 10 | $97,447 | $449 | 59% | 4.7★ (7) | 0.4 mi | AirbnbVrbo |
Holden On - Minutes from Attractions, Shops & Food Cabin
| 3 bd · 2 ba · sleeps 8 | $43,481 | $302 | 39% | 3.6★ (39) | 0.4 mi | AirbnbVrboBooking |
HatsHideaway/Family Cabin/Hot Tub/Near Attractions Cabin
| 3 bd · 2 ba · sleeps 8 | $47,936 | $273 | 48% | 4.9★ (245) | 0.5 mi | AirbnbVrbo |
Smoky Fall Escape | Dollywood • Games • Pets OK House
| 3 bd · 3 ba · sleeps 9 | $65,655 | $304 | 59% | 5★ (50) | 0.5 mi | Airbnb |
Rustic Black Bear Cabin Cabin | 3 bd · 2 ba · sleeps 8 | $61,155 | $146 | 100% | 4.5★ (43) | 0.5 mi | AirbnbBooking |
Marigold | Hot Tub + Game Room | Near Dollywood House
| 3 bd · 3 ba · sleeps 8 | $24,462 | $273 | 25% | 4.5★ (7) | 0.5 mi | AirbnbVrbo |
Location! Near attractions! Pet friendly! Hot Tub! Cabin
| 3 bd · 2 ba · sleeps 7 | $49,360 | $256 | 53% | 4.8★ (174) | 0.5 mi | AirbnbVrbo |
Family Cabin- 3 Min To The Parkway and The Island Cabin
| 3 bd · 2 ba · sleeps 10 | $62,955 | $260 | 66% | 4.9★ (250) | 0.5 mi | AirbnbVrbo |
2Mi to Dollywood•Arcade Games•3BR•SmartTVs•HotTub! Cabin
| 3 bd · 2 ba · sleeps 8 | $75,248 | $259 | 80% | 4.9★ (232) | 0.5 mi | AirbnbVrbo |
3BR 2BA 1 MI to Parkway Hot Tub & Pool Access! Cabin
| 3 bd · 2 ba · sleeps 6 | $44,034 | $241 | 50% | 3.8★ (32) | 0.5 mi | AirbnbVrboBooking |
King Bed‼️Pet friendly|Smart lock|;)Pigeon Forge‼️ Cabin | 3 bd · 2 ba · sleeps 10 | $39,962 | $204 | 54% | 4.5★ (97) | 0.5 mi | AirbnbBooking |
Cozy Family Cabin w/ Hot Tub ~ 4 Mi to Dollywood! Cabin
| 3 bd · 2.5 ba · sleeps 8 | $49,884 | $249 | 55% | 4.5★ (165) | 0.5 mi | AirbnbVrboBooking |
3BR 4BA 1 MI to Parkway Pool Table & Hot Tub Cabin
| 3 bd · 4 ba · sleeps 8 | $53,119 | $293 | 50% | 3.8★ (10) | 0.5 mi | AirbnbVrboBooking |
ER43 Cozy 3BR Cabin w/ HotTub, Arcade & PoolAccess Cabin
| 3 bd · 3 ba · sleeps 10 | $97,772 | $356 | 75% | 3.7★ (3) | 0.5 mi | AirbnbVrbo |
NEW! Count Your Blessings 3-Bedroom Home with Pool House | 3 bd · 2 ba · sleeps 10 | $46,796 | $338 | 38% | — | 0.5 mi | Delisted |
Foxes Den by Avada Properties Vacation home | 3 bd · 2 ba · sleeps 6 | $36,572 | $202 | 50% | 3.4★ (3) | 0.5 mi | Booking |
3BR 2BA 1 MI to Parkway Hot Tub & Pool Access! Cabin
| 3 bd · 2 ba · sleeps 8 | $56,552 | $293 | 53% | 4.2★ (38) | 0.5 mi | AirbnbVrboBooking |
Hillside Haven by Avada Properties Vacation home | 3 bd · 3 ba · sleeps 6 | $81,337 | $270 | 83% | 4.9★ (5) | 0.5 mi | Booking |
Tuck Away Townhouse by Avada Properties Vacation home | 3 bd · 2 ba · sleeps 9 | $35,125 | $143 | 67% | — | 0.6 mi | 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
Rate 8.07% = 7.32% Freddie Mac 30-yr avg (Oct 22) + 0.75% investor premium
Est. revenue
$64,144
NOI
$31,910
Cash flow /mo
-$2,188
Cash needed
$279,250
Cash-on-cash
-9.4%
ROE (yr 1)
1.9%
Cap rate
3.6%
DSCR
0.55
Year-1 write-off
$175,787
Year-1 tax shield @ 32%
$56,252
Year-1 return on equity
- Cash flow (annual)-$26,259
- Principal paydown$5,406
- Appreciation at%$26,250
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)$12,829
- Platform fees (3% of revenue)$1,924
- Maintenance / capex (5% of revenue)$3,207
- Utilities & supplies$4,200
- HOA$1,704
- Property tax$3,120
- Insurance (STR-rated)$5,250
Cash needed to close
- Down payment (25%)$218,750
- Closing costs (4.0%)$35,000
- Furnishing (bought new)$25,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$56,252
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
$810,000
Short-life (5/15-yr)
$150,000 · 18%
Year-1 deduction
$176,000
Year-1 tax shield @ 32%
$56,000
Land 7% (county tax record, market value split) · building $661,000 over 39 years · new furniture $26,000
Based on: 2,184 sq ft, built 2007, 3 bd / 3 ba, unfurnished, listing features (deck, game room, fireplace, flooring types, appliance list, wooded lot).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $105,000 in year 1 (10% short-life, $34,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $13,600
Kitchen cabinetsdefault
$10,600 new × 40% good × 3.20 allocation
- $11,100
Kitchen countertopsdefault
$8,700 new × 40% good × 3.20 allocation
- $4,900
Decorative trimdefault
$3,800 new × 40% good × 3.20 allocation
- $600
Mirrorsdefault
$500 new × 40% good × 3.20 allocation
- $1,500
Shelvingdefault
$1,200 new × 40% good × 3.20 allocation
- $7,000
Window coverings (22)default
$5,500 new × 40% good × 3.20 allocation
- $9,000
Carpet, vinyl & laminate (50% of floors)listing
$7,000 new × 40% good × 3.20 allocation
- $16,400
Kitchen & laundry equipment plumbingdefault
$8,200 new × 62% good × 3.20 allocation
- $9,900
Kitchen, laundry & data equipment electricaldefault
$5,000 new × 62% good × 3.20 allocation
- $9,900
Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing
$7,700 new × 40% good × 3.20 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $6,000
Game-room equipment bought newlisting
$6,000 new × 100% good · bought separately
- $15,500
Paving: driveway & walks (paved)default
$9,700 new × 50% good × 3.20 allocation
- $7,500
Landscaping (minimal)listing
$4,700 new × 50% good × 3.20 allocation
- $3,500
Patiosdefault
$2,200 new × 50% good × 3.20 allocation
- $39,300
Decks & porches (attached)listing
$24,600 new × 50% good × 3.20 allocation
- $518,600
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$237,000 new × 68% good × 3.20 allocation
- $48,800
Building plumbing & fixturesdefault
$24,600 new × 62% good × 3.20 allocation
- $49,500
Building electrical & lightingdefault
$25,000 new × 62% good × 3.20 allocation
- $31,500
HVACdefault
$24,600 new × 40% good × 3.20 allocation
- $9,000
Hardwood & tile floorsdefault
$7,000 new × 40% good × 3.20 allocation
- $3,400
Fireplacelisting
$2,600 new × 40% good × 3.20 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $109,300 | $65,800 | $700 | $175,800 |
| 2 | $0 | $0 | $16,900 | $16,900 |
| 3 | $0 | $0 | $16,900 | $16,900 |
| 4 | $0 | $0 | $16,900 | $16,900 |
| 5 | $0 | $0 | $16,900 | $16,900 |
| 6+ | $0 | $0 | $592,300 | $592,300 |
| Total | $109,300 | $65,800 | $660,800 | $835,900 |
The building's share of the price ($810,000) is 3.2x our depreciated replacement cost of the home ($253,000). 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.