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3715 Cinnamon Way

3715 Cinnamon Way

Sevierville, TN 37862

$899,900

3 bd · 2.5 ba · 3,309 sqft · Listed 1d ago

View on Realtor.com →

Year built

2008

Sqft

3,309

Lot sqft

311,454

HOA / mo

$33

Furnished

No

List date

2026-10-05T17:42:11.000000Z

Revenue

Annual revenue

$69,894

ADR

$293

Occupancy

65%

Cleaning fees (12 mo)

$11,989

Confidence

Med (53.64), 20 comps

Comp revenue range (p25 / median / p75)

$37,134$62,440$82,310

Median revenue of shown comps: $69,366

  • *Spacious 3BD Cabin w/ VIEWS! Hot Tub + Games!*

    Cabin · 3 bd · 3 ba · sleeps 10 · 394 ft

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +5

    Revenue $76,292ADR $314Occ ≈ 67%4.9★ (76)

    AirbnbVrbo

  • Cozy Log Cabin Retreat, Sleeps 10・Hot Tub・Firepit

    Cabin · 3 bd · 2.5 ba · sleeps 10 · 469 ft

    Revenue $79,848ADR $288Occ ≈ 76%4.7★ (58)

    AirbnbVrboBooking

  • Living Waters Lodge By Avada Properties

    Vacation home · 3 bd · 2 ba · sleeps 6 · 0.1 mi

    Revenue $51,620ADR $226Occ ≈ 63%—

    Booking

  • Peaceful 3BR*MTN Views*Hot Tub*Pool Table*Fire Pit

    Cabin · 3 bd · 2.5 ba · sleeps 10 · 0.1 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +5

    Revenue $8,757ADR $208Occ ≈ 12%5★ (2)

    AirbnbVrbo

  • Bear Creek Lodge

    Cabin · 3 bd · 3 ba · sleeps 10 · 0.2 mi

    • Hot tub
    • Pool
    • A/C
    • Wifi
    • +3

    Revenue $48,347ADR $263Occ ≈ 50%4.8★ (84)

    AirbnbVrboBooking

  • Creekside Cabin • Hot Tub • Game Room • Fire Pit

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.2 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $28,922ADR $246Occ ≈ 32%5★ (17)

    AirbnbVrbo

  • *Creekside Cabin* Playhouse, Bridge, Spa, 3 Acres

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.4 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +4

    Revenue $93,553ADR $346Occ ≈ 74%5★ (38)

    AirbnbVrbo

  • Handcrafted Creekside Cabin and Playhouse

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.4 mi

    Revenue $104,569ADR $507Occ ≈ 57%—

    Vrbo

  • Altitude Adjustment by American Patriot Getaways

    Vacation home · 3 bd · 2 ba · sleeps 6 · 0.5 mi

    Revenue $79,191ADR $290Occ ≈ 75%—

    Booking

  • Ali's Dream

    Vacation home · 3 bd · 3 ba · sleeps 8 · 0.5 mi

    Revenue $31,803ADR $1,549Occ ≈ 6%—

    Booking

Show 8 more

  • Ali's Dream (3-Bedroom Cabin) with Pool by RedAwning

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.5 mi

    Revenue $82,622ADR $351Occ ≈ 64%1★ (1)

    Vrbo

  • Wears Valley - Views - Games Galore

    Cabin · 3 bd · 2.5 ba · sleeps 10 · 0.5 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +5

    Revenue $50,195ADR $312Occ ≈ 44%4.5★ (11)

    AirbnbVrbo

  • Alis Dream: Free Tickets, Mtn Views, & Hot Tub

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.5 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +5

    Revenue $84,196ADR $321Occ ≈ 72%4.8★ (120)

    AirbnbVrboBooking

  • Escape to Firefly Ridge in Sevierville and

    Cabin · 3 bd · 3 ba · sleeps 9 · 0.6 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +5

    Revenue $5,535ADR $260Occ ≈ 6%5★ (1)

    AirbnbVrbo

  • Amazing Mountain Views Loaded Game Room

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.6 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +6

    Revenue $86,051ADR $347Occ ≈ 68%5★ (291)

    AirbnbVrbo

  • Almost Heaven Too: A Little Slice of Paradise

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.6 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $54,859ADR $336Occ ≈ 45%4.7★ (3)

    AirbnbVrbo

  • Private Treehouse Getaway w/ HotTub FirePit Views

    Cabin · 3 bd · 2.5 ba · sleeps 7 · 0.7 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +5

    Revenue $82,310ADR $250Occ ≈ 90%5★ (141)

    AirbnbVrboBooking

  • Bearfeet Retreat - 3.5 miles from park entrance!

    Cabin · 3 bd · 3 ba · sleeps 10 · 0.7 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $62,440ADR $285Occ ≈ 60%4.9★ (109)

    AirbnbVrboBooking

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

Est. revenue

$69,894

NOI

$36,759

Cash flow /mo

$3,063

Cash needed

$955,396

Cash-on-cash (all cash)

3.8%

ROE (yr 1)

6.7%

Cap rate

4.1%

DSCR

—

Year-1 write-off

$121,665

Year-1 tax shield @ 32%

$38,933

Year-1 return on equity

  • Cash flow (annual)$36,759
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$26,997
ROE6.7%

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)$13,979
  • Platform fees (3% of revenue)$2,097
  • Maintenance / capex (5% of revenue)$3,495
  • Utilities & supplies$4,200
  • HOA$396
  • Property tax$3,569
  • Insurance (STR-rated)$5,399

Cash needed to close

  • Purchase price (all cash)$899,900
  • Closing costs (4.0%)$35,996
  • Furnishing (bought new)$19,500

Tax savings if the STR loophole applies

  • Tax shield @ 32%$38,933

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

$751,000

Short-life (5/15-yr)

$101,000 · 14%

Year-1 deduction

$122,000

Year-1 tax shield @ 32%

$39,000

Land 17% (county tax record, market value split) · building $649,000 over 39 years · new furniture $20,000

Based on: 3,309 sq ft, built 2008, 3 bd / 2.5 ba, unfurnished, listing features (fireplace, stone counters, flooring types, appliance list, septic).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $92,000 in year 1 (10% short-life, $29,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$91,200

  • Kitchen cabinetsdefault

    $13,100 new × 40% good × 1.99 allocation

    $10,400

  • Kitchen countertops (stone)listing

    $13,300 new × 40% good × 1.99 allocation

    $10,600

  • Decorative trimdefault

    $5,800 new × 40% good × 1.99 allocation

    $4,600

  • Mirrorsdefault

    $300 new × 40% good × 1.99 allocation

    $200

  • Shelvingdefault

    $1,200 new × 40% good × 1.99 allocation

    $1,000

  • Window coverings (33)default

    $8,300 new × 40% good × 1.99 allocation

    $6,600

  • Carpet, vinyl & laminate (67% of floors)listing

    $14,200 new × 40% good × 1.99 allocation

    $11,300

  • Kitchen & laundry equipment plumbingdefault

    $10,200 new × 64% good × 1.99 allocation

    $12,900

  • Kitchen, laundry & data equipment electricaldefault

    $6,100 new × 64% good × 1.99 allocation

    $7,800

  • Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing

    $7,700 new × 40% good × 1.99 allocation

    $6,100

  • Furniture bought newlisting

    $19,500 new × 100% good · bought separately

    $19,500
15-year land improvements$29,800

  • Paving: driveway & walks (paved)default

    $11,900 new × 50% good × 1.99 allocation

    $11,900

  • Landscaping (typical)default

    $11,500 new × 50% good × 1.99 allocation

    $11,400

  • Patiosdefault

    $3,300 new × 50% good × 1.99 allocation

    $3,300

  • Decks & porches (attached)default

    $3,300 new × 50% good × 1.99 allocation

    $3,300
Building, 39-year$649,200

  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $360,100 new × 70% good × 1.99 allocation

    $502,200

  • Building plumbing & fixturesdefault

    $37,300 new × 64% good × 1.99 allocation

    $47,600

  • Building electrical & lightingdefault

    $39,200 new × 64% good × 1.99 allocation

    $50,000

  • HVACdefault

    $37,300 new × 40% good × 1.99 allocation

    $29,700

  • Hardwood & tile floorsdefault

    $7,100 new × 40% good × 1.99 allocation

    $5,700

  • Fireplacelisting

    $2,600 new × 40% good × 1.99 allocation

    $2,100

  • Septic systemlisting

    $12,000 new × 50% good × 1.99 allocation

    $12,000

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$91,200$29,800$700$121,700
2$0$0$16,600$16,600
3$0$0$16,600$16,600
4$0$0$16,600$16,600
5$0$0$16,600$16,600
6+$0$0$581,900$581,900
Total$91,200$29,800$649,200$770,100

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.