1235 Annes Rd
Gatlinburg, TN 37738
$487,000
2 bd · 2 ba · 1,728 sqft · Listed 7d ago
View on Realtor.com →Year built
2005
Sqft
1,728
Lot sqft
33,541
HOA / mo
$0
Furnished
No
List date
2026-11-05T02:59:23.000000Z
Revenue
Annual revenue
$54,201
ADR
$217
Occupancy
68%
Cleaning fees (12 mo)
$9,399
Confidence
Low (39.43), 49 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $46,513
Cozy 2-bedroom cabin in brilliant Gatlinburg with AC
Cabin · 2 bd · 2 ba · sleeps 4 · 253 ft
- A/C
- Wifi
- Washer
Revenue $3,384ADR $188Occ ≈ 5%5★
Kids' game loft • Fire pit • Gatlinburg getaway
Cabin · 2 bd · 2 ba · sleeps 6 · 0.2 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +5
Revenue $48,331ADR $231Occ ≈ 57%5★ (219)
Prime Location! Relaxing 2/2 Luxury Cabin! Views, Fire Pit, Hot Tub & Game Room.
Cabin · 2 bd · 2 ba · sleeps 6 · 0.2 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +5
Revenue $108,125ADR $356Occ ≈ 83%5★ (230)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Cozy 2-bedroom cabin in brilliant Gatlinburg with AC Cabin
| 2 bd · 2 ba · sleeps 4 | $3,384 | $188 | 5% | 5★ | 253 ft | Vrbo |
A Bearcation -Relax with Hot Tub and Fireplace! Cabin
| 2 bd · 2 ba · sleeps 8 | $61,081 | $245 | 68% | 4.5★ (45) | 430 ft | AirbnbVrboBooking |
Happy Bear's Hideaway*Views*Close to everything! Cabin
| 2 bd · 2 ba · sleeps 6 | $52,501 | $254 | 57% | 4.5★ (7) | 0.1 mi | AirbnbVrbo |
Broad View Cabin Cabin
| 2 bd · 2.5 ba · sleeps 6 | $88,029 | $302 | 80% | 5★ (61) | 0.1 mi | AirbnbVrbo |
Laurel Mountain Retreat - Grand Views! Custom Spa! Cabin
| 2 bd · 2 ba · sleeps 4 | $74,517 | $278 | 73% | 5★ (256) | 0.2 mi | AirbnbVrbo |
Kids' game loft • Fire pit • Gatlinburg getaway Cabin
| 2 bd · 2 ba · sleeps 6 | $48,331 | $231 | 57% | 5★ (219) | 0.2 mi | Airbnb |
Prime Location! Relaxing 2/2 Luxury Cabin! Views, Fire Pit, Hot Tub & Game Room. Cabin
| 2 bd · 2 ba · sleeps 6 | $108,125 | $356 | 83% | 5★ (230) | 0.2 mi | Vrbo |
The Good Life - Mountain Views! Two King Suites! Cabin
| 2 bd · 2 ba · sleeps 4 | $71,544 | $286 | 69% | 5★ (449) | 0.2 mi | AirbnbVrbo |
Hot Tub, Game Room, Coffee Bar - 1 Mi from Spur Cabin
| 2 bd · 2 ba · sleeps 6 | $86,164 | $343 | 69% | 5★ (85) | 0.2 mi | AirbnbVrbo |
PRIME Location! Covered Decks! Fire Pit! Views! Cabin
| 2 bd · 2 ba · sleeps 6 | $111,501 | $315 | 97% | 5★ (344) | 0.2 mi | AirbnbVrbo |
Show 37 more
Discover Adventure in the Smokies with this Family Friendly Oasis in the Woods
Cabin · 2 bd · 2 ba · sleeps 6 · 0.2 mi
Revenue $30,481ADR $220Occ ≈ 38%5★ (167)
Delisted
Scenic Hideaway
Vacation home · 2 bd · 1 ba · sleeps 4 · 0.3 mi
Revenue $14,696ADR $255Occ ≈ 16%—
God's Grace - Fantastic Location
House · 2 bd · 2 ba · sleeps 4 · 0.4 mi
Revenue $53,214ADR $257Occ ≈ 57%5★ (86)
Smokey Mountain Dreamers
Cabin · 2 bd · 2 ba · sleeps 8 · 0.5 mi
- Hot tub
- A/C
- Wifi
- Kitchen
- +2
Revenue $76,068ADR $269Occ ≈ 77%5★ (161)
Historic Park Cottage #4 by American Patriot Getaways
Vacation home · 2 bd · 1 ba · sleeps 4 · 0.5 mi
Revenue $41,805ADR $185Occ ≈ 62%—
Hot Tub, Fireplace & Views! Pet Friendly!
Cabin · 2 bd · 2 ba · sleeps 6 · 0.5 mi
Revenue $47,584ADR $226Occ ≈ 58%4.8★ (124)
Hot Tub, Fireplace & Rustic Luxury at Modern Cabin
Cabin · 2 bd · 2 ba · sleeps 6 · 0.6 mi
Revenue $42,820ADR $210Occ ≈ 56%4.9★ (128)
Smokey Family hideaway
Cabin · 2 bd · 2 ba · sleeps 6 · 0.6 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +2
Revenue $36,529ADR $234Occ ≈ 43%5★ (171)
Westgate Smoky Mtns Resort & Water Park Christmas 2025 Dec 21-28
Condominium (condo) · 2 bd · 3 ba · sleeps 8 · 0.6 mi
Revenue $33,257ADR $333Occ ≈ 27%—
Delisted
Mountain Views Between Gatlinburg and Pigeon Forge – Dollywood Retreat
Cabin · 2 bd · 2 ba · sleeps 8 · 0.7 mi
Revenue $61,943ADR $360Occ ≈ 47%5★ (2)
Delisted
Westgate Smoky Mountain Resort
Apartment · 2 bd · 2.5 ba · sleeps 8 · 0.7 mi
- Hot tub
- Pool
- A/C
- Free parking
- +4
Revenue $4,167ADR $331Occ ≈ 3%5★ (1)
Mountaintop Cabin with View
Cabin · 2 bd · 2 ba · sleeps 8 · 0.7 mi
Revenue $4,069ADR $333Occ ≈ 3%4.5★ (2)
July 12-19 or 19-26 2 BR Lock-off Unit
Guest house · 2 bd · 2 ba · sleeps 8 · 0.7 mi
Revenue $1,211ADR $173Occ ≈ 2%—
Delisted
Peaceful Angel View Retreat, Smoky Mtn Views + Hot Tub + Porch Swing
Cabin · 2 bd · 2 ba · sleeps 6 · 0.7 mi
Revenue $18,167ADR $197Occ ≈ 25%—
Delisted
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Discover Adventure in the Smokies with this Family Friendly Oasis in the Woods Cabin | 2 bd · 2 ba · sleeps 6 | $30,481 | $220 | 38% | 5★ (167) | 0.2 mi | Delisted |
Take Me Away -Amazing Views! Two King Suites! Cabin
| 2 bd · 2 ba · sleeps 4 | $79,714 | $286 | 76% | 5★ (515) | 0.2 mi | AirbnbVrbo |
Scenic Hideaway Vacation home | 2 bd · 1 ba · sleeps 4 | $14,696 | $255 | 16% | — | 0.3 mi | Booking |
Mountain Views&Bear Visits-2 miles from Downtown! Cabin
| 2 bd · 2 ba · sleeps 6 | $65,303 | $231 | 77% | 4.9★ (258) | 0.3 mi | AirbnbVrbo |
Romantic Getaway W/ MNT Views- 2 K Beds- Fireplace Cabin
| 2 bd · 1 ba · sleeps 4 | $65,116 | $263 | 68% | 5★ (609) | 0.3 mi | AirbnbVrboBooking |
Peace of Heaven (Less Than 5 Miles To EVERYTHING!) Townhouse
| 2 bd · 1 ba · sleeps 8 | $27,430 | $172 | 44% | 4.8★ (315) | 0.3 mi | AirbnbVrbo |
Praying Cowboy (Less Than 5 Miles To EVERYTHING) Townhouse
| 2 bd · 1 ba · sleeps 6 | $28,019 | $150 | 51% | 4.9★ (318) | 0.3 mi | AirbnbVrbo |
Log Cabin - Amazing Location! Hot Tub & Fire Pit Cabin
| 2 bd · 2 ba · sleeps 4 | $23,517 | $245 | 26% | 4.9★ (39) | 0.4 mi | AirbnbVrboBooking |
Luxury Cabin in Gatlinburg Tenn Cabin
| 2 bd · 2 ba · sleeps 6 | $45,300 | $209 | 59% | 4.8★ (356) | 0.4 mi | AirbnbVrboBooking |
Updated True Log Cabin- 1 Mi Off Gatlinburg PKWY Cabin
| 2 bd · 2 ba · sleeps 8 | $75,309 | $270 | 76% | 5★ (335) | 0.4 mi | AirbnbVrbo |
Gatlinburg Cabin: 2 King Jacuzzi Suites Cabin
| 2 bd · 2 ba · sleeps 6 | $51,109 | $289 | 48% | 4.5★ (35) | 0.4 mi | AirbnbVrbo |
Cabin w/ Hot Tub & Game Room – 1 Mi to Gatlinburg Cabin
| 2 bd · 2 ba · sleeps 8 | $44,829 | $260 | 47% | 5★ (27) | 0.4 mi | AirbnbVrbo |
God's Grace - Fantastic Location House | 2 bd · 2 ba · sleeps 4 | $53,214 | $257 | 57% | 5★ (86) | 0.4 mi | Airbnb |
Gatlinburg | Hot Tub | Game Room | Forest Vibes Cabin
| 2 bd · 2 ba · sleeps 8 | $81,634 | $287 | 78% | 4.9★ (84) | 0.4 mi | AirbnbVrboBooking |
Gatlinburg Cabin: 2 King Suites Cabin
| 2 bd · 2 ba · sleeps 6 | $41,720 | $301 | 38% | 4.7★ (25) | 0.4 mi | AirbnbVrbo |
Historic Smokies Cabin w/ Hot Tub, Fire Pit & Land Cabin
| 2 bd · 1.5 ba · sleeps 4 | $35,763 | $176 | 56% | 4.9★ (359) | 0.5 mi | AirbnbVrboBooking |
Smokey Mountain Dreamers Cabin
| 2 bd · 2 ba · sleeps 8 | $76,068 | $269 | 77% | 5★ (161) | 0.5 mi | Vrbo |
Historic Park Cottage #4 by American Patriot Getaways Vacation home | 2 bd · 1 ba · sleeps 4 | $41,805 | $185 | 62% | — | 0.5 mi | Booking |
Hot Tub, Fireplace & Views! Pet Friendly! Cabin | 2 bd · 2 ba · sleeps 6 | $47,584 | $226 | 58% | 4.8★ (124) | 0.5 mi | Airbnb |
Cabin w/hot tub Approx. 4 miles to SMOKY MTN. Park Cabin
| 2 bd · 2.5 ba · sleeps 4 | $39,180 | $227 | 47% | 5★ (131) | 0.5 mi | AirbnbVrbo |
Cozy 2/2 Cabin ~HotTub~GameRoom~FirePit~Sauna! Cabin
| 2 bd · 2 ba · sleeps 6 | $82,330 | $342 | 66% | 5★ (216) | 0.6 mi | AirbnbVrbo |
Hot Tub, Fireplace & Rustic Luxury at Modern Cabin Cabin | 2 bd · 2 ba · sleeps 6 | $42,820 | $210 | 56% | 4.9★ (128) | 0.6 mi | Airbnb |
Perfect location, Secluded, Pet Friendly, Wooded P Cabin
| 2 bd · 2 ba · sleeps 6 | $48,608 | $261 | 51% | 4.9★ (196) | 0.6 mi | AirbnbVrbo |
Smokey Family hideaway Cabin
| 2 bd · 2 ba · sleeps 6 | $36,529 | $234 | 43% | 5★ (171) | 0.6 mi | Airbnb |
Black Beary Creek Cabin-Peaceful Central Location! Cabin
| 2 bd · 1 ba · sleeps 4 | $5,464 | $270 | 6% | 4.5★ (8) | 0.6 mi | AirbnbVrboBooking |
The Curious Bear Cabin Gatlinburg Cabin
| 2 bd · 2 ba · sleeps 4 | $69,612 | $267 | 71% | 5★ (415) | 0.6 mi | AirbnbVrbo |
Private - Views! Location! Pet Friendly! Cabin
| 2 bd · 2 ba · sleeps 6 | $46,513 | $237 | 54% | 5★ (77) | 0.6 mi | AirbnbVrbo |
Westgate Smoky Mtns Resort & Water Park Christmas 2025 Dec 21-28 Condominium (condo) | 2 bd · 3 ba · sleeps 8 | $33,257 | $333 | 27% | — | 0.6 mi | Delisted |
Westgate Smoky Mountain Resort Cabin Condominium (condo)
| 2 bd · 2 ba · sleeps 8 | $6,560 | $480 | 4% | 5★ (2) | 0.6 mi | AirbnbVrbo |
Brink of Paradise - Secluded, Hot Tub & Pool Table Cabin
| 2 bd · 2 ba · sleeps 8 | $53,062 | $255 | 57% | 3.6★ (62) | 0.6 mi | AirbnbVrboBooking |
Mountain Views Between Gatlinburg and Pigeon Forge – Dollywood Retreat Cabin | 2 bd · 2 ba · sleeps 8 | $61,943 | $360 | 47% | 5★ (2) | 0.7 mi | Delisted |
Westgate Smoky Mountain Resort Apartment
| 2 bd · 2.5 ba · sleeps 8 | $4,167 | $331 | 3% | 5★ (1) | 0.7 mi | Airbnb |
Westgate Smoky Mtn Resort & Waterpark Cabin
| 2 bd · 2 ba · sleeps 8 | $870 | $290 | 1% | — | 0.7 mi | AirbnbVrbo |
Mountaintop Cabin with View Cabin | 2 bd · 2 ba · sleeps 8 | $4,069 | $333 | 3% | 4.5★ (2) | 0.7 mi | Airbnb |
July 12-19 or 19-26 2 BR Lock-off Unit Guest house | 2 bd · 2 ba · sleeps 8 | $1,211 | $173 | 2% | — | 0.7 mi | Delisted |
2 bedroom Cabin in Gatlinburg Cabin
| 2 bd · 2 ba · sleeps 8 | $18,963 | $212 | 25% | — | 0.7 mi | AirbnbVrbo |
Peaceful Angel View Retreat, Smoky Mtn Views + Hot Tub + Porch Swing Cabin | 2 bd · 2 ba · sleeps 6 | $18,167 | $197 | 25% | — | 0.7 mi | Delisted |
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 7.93% = 7.18% Freddie Mac 30-yr avg (Nov 5) + 0.75% investor premium
Est. revenue
$54,201
NOI
$30,128
Cash flow /mo
-$152
Cash needed
$163,230
Cash-on-cash
-1.1%
ROE (yr 1)
9.7%
Cap rate
6.2%
DSCR
0.94
Year-1 write-off
$112,931
Year-1 tax shield @ 32%
$36,138
Year-1 return on equity
- Cash flow (annual)-$1,820
- Principal paydown$3,094
- Appreciation at%$14,610
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)$10,840
- Platform fees (3% of revenue)$1,626
- Maintenance / capex (5% of revenue)$2,710
- Utilities & supplies$4,200
- HOA$0
- Property tax$1,775
- Insurance (STR-rated)$2,922
Cash needed to close
- Down payment (25%)$121,750
- Closing costs (4.0%)$19,480
- Furnishing (bought new)$22,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$36,138
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
$422,000
Short-life (5/15-yr)
$91,000 · 21%
Year-1 deduction
$113,000
Year-1 tax shield @ 32%
$36,000
Land 13% (county tax record, market value split) · building $331,000 over 39 years · new furniture $22,000
Based on: 1,728 sq ft, built 2005, 2 bd / 2 ba, unfurnished, listing features (hot tub, deck, game room, fireplace, flooring types, appliance list, septic, wooded lot).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $75,000 in year 1 (12% short-life, $24,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $7,900
Kitchen cabinetsdefault
$9,600 new × 40% good × 2.06 allocation
- $6,500
Kitchen countertopsdefault
$7,800 new × 40% good × 2.06 allocation
- $2,500
Decorative trimdefault
$3,000 new × 40% good × 2.06 allocation
- $200
Mirrorsdefault
$300 new × 40% good × 2.06 allocation
- $700
Shelvingdefault
$900 new × 40% good × 2.06 allocation
- $3,500
Window coverings (17)default
$4,300 new × 40% good × 2.06 allocation
- $6,100
Carpet, vinyl & laminate (67% of floors)listing
$7,400 new × 40% good × 2.06 allocation
- $8,900
Kitchen & laundry equipment plumbingdefault
$7,500 new × 58% good × 2.06 allocation
- $5,400
Kitchen, laundry & data equipment electricaldefault
$4,500 new × 58% good × 2.06 allocation
- $6,400
Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing
$7,700 new × 40% good × 2.06 allocation
- $7,400
Hot tub (freestanding)listing
$9,000 new × 40% good × 2.06 allocation
- $16,000
Furniture bought newlisting
$16,000 new × 100% good · bought separately
- $6,000
Game-room equipment bought newlisting
$6,000 new × 100% good · bought separately
- $8,900
Paving: driveway & walks (paved)default
$8,600 new × 50% good × 2.06 allocation
- $4,300
Landscaping (minimal)listing
$4,100 new × 50% good × 2.06 allocation
- $1,800
Patiosdefault
$1,700 new × 50% good × 2.06 allocation
- $20,100
Decks & porches (attached)listing
$19,400 new × 50% good × 2.06 allocation
- $251,600
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$187,600 new × 65% good × 2.06 allocation
- $23,200
Building plumbing & fixturesdefault
$19,400 new × 58% good × 2.06 allocation
- $22,900
Building electrical & lightingdefault
$19,200 new × 58% good × 2.06 allocation
- $16,100
HVACdefault
$19,500 new × 40% good × 2.06 allocation
- $3,100
Hardwood & tile floorsdefault
$3,700 new × 40% good × 2.06 allocation
- $2,200
Fireplacelisting
$2,600 new × 40% good × 2.06 allocation
- $12,400
Septic systemlisting
$12,000 new × 50% good × 2.06 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $77,600 | $35,000 | $400 | $112,900 |
| 2 | $0 | $0 | $8,500 | $8,500 |
| 3 | $0 | $0 | $8,500 | $8,500 |
| 4 | $0 | $0 | $8,500 | $8,500 |
| 5 | $0 | $0 | $8,500 | $8,500 |
| 6+ | $0 | $0 | $297,100 | $297,100 |
| Total | $77,600 | $35,000 | $331,400 | $444,000 |
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.