1003 Walini Way
Sevierville, TN 37876
$424,999
2 bd · 2 ba · 922 sqft · Listed 1d ago
View on Realtor.com →Year built
1994
Sqft
922
Lot sqft
7,841
HOA / mo
$22
Furnished
No
List date
2026-10-19T14:51:31.000000Z
Revenue
Annual revenue
$44,487
ADR
$194
Occupancy
63%
Cleaning fees (12 mo)
$8,044
Confidence
Low (50.01), 50 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $40,611
Above the Trees - Log Cabin - 155 Per Night
Cabin · 2 bd · 2 ba · sleeps 6 · 75 ft
- Hot tub
- A/C
- Free parking
- Wifi
- +5
Revenue $25,389ADR $180Occ ≈ 39%4.8★ (276)
Family Tyme #78 - Charming & Clean Log Cabin!
Cabin · 2 bd · 2 ba · sleeps 4 · 210 ft
- Hot tub
- A/C
- Free parking
- Wifi
- +3
Revenue $39,438ADR $203Occ ≈ 53%4.8★ (232)
2/2 Log Cabin in the Smokies! Close to Dollywood! WIFI, HOT TUB, 2 KING ROOMS
Cabin · 2 bd · 2 ba · sleeps 6 · 292 ft
- Hot tub
- A/C
- Free parking
- Wifi
- +3
Revenue $38,844ADR $195Occ ≈ 55%4.9★ (284)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Appalachian Songbird Cabin
| 2 bd · 2 ba · sleeps 4 | $19,513 | $309 | 17% | 4.8★ (6) | 33 ft | AirbnbVrboBooking |
Cabin Close to Pigeon Forge in Echota Resort ! Cabin
| 2 bd · 1 ba · sleeps 5 | $54,211 | $202 | 74% | 4.8★ (492) | 33 ft | AirbnbVrboBooking |
Above the Trees - Log Cabin - 155 Per Night Cabin
| 2 bd · 2 ba · sleeps 6 | $25,389 | $180 | 39% | 4.8★ (276) | 75 ft | Vrbo |
TN Whiskey @Bearadise by Rocking the Rentals Cabin
| 2 bd · 2 ba · sleeps 5 | $38,628 | $217 | 49% | 5★ (143) | 102 ft | AirbnbVrbo |
Family Tyme #78 - Charming & Clean Log Cabin! Cabin
| 2 bd · 2 ba · sleeps 4 | $39,438 | $203 | 53% | 4.8★ (232) | 210 ft | Vrbo |
Bearless Whisper, Under a Mile from Soaky Mountain Cabin
| 2 bd · 2 ba · sleeps 4 | $49,660 | $200 | 68% | 4.8★ (183) | 269 ft | AirbnbVrboBooking |
Sevierville Log Cabin Retreat・Hot Tub・Game Loft Cabin
| 2 bd · 1 ba · sleeps 4 | $26,296 | $169 | 43% | 4.2★ (26) | 289 ft | AirbnbVrboBooking |
2/2 Log Cabin in the Smokies! Close to Dollywood! WIFI, HOT TUB, 2 KING ROOMS Cabin
| 2 bd · 2 ba · sleeps 6 | $38,844 | $195 | 55% | 4.9★ (284) | 292 ft | Vrbo |
Tennessee Treasure Cabin
| 2 bd · 2 ba · sleeps 4 | $17,448 | $248 | 19% | 5★ (7) | 354 ft | AirbnbVrboBooking |
Old Glory*Sevierville*Hot Tub*Convenient Location Cabin
| 2 bd · 2 ba · sleeps 6 | $43,575 | $239 | 50% | 4.8★ (6) | 400 ft | AirbnbVrbo |
Show 40 more
Close to Sevierville Convention Center, Wilderness Resort, downtown Sevierville!
Cabin · 2 bd · 2 ba · sleeps 4 · 413 ft
Revenue $10,839ADR $218Occ ≈ 14%5★ (176)
Delisted
Honeymoon Cabin w/ Loft & Hot Tub | Near Dollywood
Cabin · 2 bd · 2 ba · sleeps 4 · 446 ft
- Hot tub
- A/C
- Free parking
- Wifi
- +3
Revenue $35,562ADR $205Occ ≈ 48%5★ (229)
NEW! Amber & Oak | Hot Tub | Minutes to Dollywood!
Cabin · 2 bd · 1 ba · sleeps 4 · 509 ft
- Hot tub
- A/C
- Free parking
- Pets OK
- +5
Revenue $1,950ADR $202Occ ≈ 3%5★ (3)
Nature's Harmony #10 Cabin – Your Perfect Getaway
Cabin · 2 bd · 2 ba · sleeps 4 · 0.1 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +3
Revenue $41,185ADR $205Occ ≈ 55%4.8★ (206)
Peaceful Woods #25- Charming & Clean Log Cabin!
Cabin · 2 bd · 2 ba · sleeps 5 · 0.1 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +3
Revenue $47,019ADR $203Occ ≈ 63%4.8★ (205)
TENNESSEE CABIN! CONVENIENT LOCATION! COZY & COMFORTABLE! BOOK TODAY!
Cabin · 2 bd · 2 ba · sleeps 4 · 0.1 mi
Revenue $9,003ADR $195Occ ≈ 13%5★ (150)
Delisted
Chocolate Moose*Sevierville*Great Value*Hot
Cabin · 2 bd · 1 ba · sleeps 6 · 0.1 mi
Revenue $56,413ADR $0Occ ≈ —4.5★ (2)
Home Sweet Home
Cabin · 2 bd · 2 ba · sleeps 6 · 0.2 mi
Revenue $64,013ADR $262Occ ≈ 67%4.8★ (9)
Serene Cozy Cabin w/ Hot Tub & Games
Cabin · 2 bd · 2 ba · sleeps 4 · 0.2 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +3
Revenue $40,036ADR $249Occ ≈ 44%4.6★ (0)
Smoky Time Out by Venture Smoky Mountains
Vacation home · 2 bd · 2 ba · sleeps 4 · 0.2 mi
Revenue $53,058ADR $246Occ ≈ 59%4.5★ (1)
2 Bedroom @ Great Smokies Lodge- TN
Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 0.5 mi
Revenue $28,578ADR $414Occ ≈ 19%4.7★ (3)
Delisted
*Beautiful Resort in Great Smokies Lodge 2BD Delux
Condominium (condo) · 2 bd · 2 ba · sleeps 8 · 0.5 mi
Revenue $55,746ADR $322Occ ≈ 47%—
Great Smokies Lodge 2 Bedroom
Condominium (condo) · 2 bd · 2 ba · sleeps 8 · 0.5 mi
- Hot tub
- Pool
- A/C
- Free parking
- +3
Revenue $6,578ADR $215Occ ≈ 8%5★ (4)
Great Smokies Lodge in a 2 Bedroom
Condominium (condo) · 2 bd · 2 ba · sleeps 8 · 0.5 mi
Revenue $53,540ADR $342Occ ≈ 43%4.8★ (11)
Delisted
2 Br Deluxe - Wyndham Great Smokies Lodge
Condominium (condo) · 2 bd · 2 ba · sleeps 8 · 0.5 mi
Revenue $14,245ADR $236Occ ≈ 17%5★ (1)
Delisted
Great Smokies Lodge Resort. 2 Bedroom Condo. TN
Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 0.5 mi
Revenue $37,725ADR $550Occ ≈ 19%—
2br Deluxe Unit In Mountains with Waterpark!
Condominium (condo) · 2 bd · 2 ba · sleeps 8 · 0.5 mi
Revenue $56,524ADR $226Occ ≈ 69%—
Delisted
2br Deluxe Pool View + Water Park Fun for Families
Condominium (condo) · 2 bd · 2 ba · sleeps 8 · 0.5 mi
Revenue $49,620ADR $256Occ ≈ 53%—
2br Deluxe Golf View- A True Golfer's Dream
Condominium (condo) · 2 bd · 2 ba · sleeps 8 · 0.5 mi
Revenue $71,752ADR $247Occ ≈ 80%—
2br Deluxe Golf View- A True Golfer's Dream
Condominium (condo) · 2 bd · 2 ba · sleeps 8 · 0.5 mi
Revenue $72,361ADR $244Occ ≈ 81%5★
Delisted
2br Deluxe Unit In Mountains with Waterpark!
Condominium (condo) · 2 bd · 2 ba · sleeps 8 · 0.5 mi
Revenue $51,503ADR $211Occ ≈ 67%5★
Delisted
Wyndham at Wilderness Lodge 2BR Water Park(s) included
Condominium (condo) · 2 bd · 2 ba · sleeps 8 · 0.5 mi
- Hot tub
- Pool
- A/C
- Wifi
Revenue $76,888ADR $371Occ ≈ 57%5★ (44)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Close to Sevierville Convention Center, Wilderness Resort, downtown Sevierville! Cabin | 2 bd · 2 ba · sleeps 4 | $10,839 | $218 | 14% | 5★ (176) | 413 ft | Delisted |
Echota Resort! Minutes from Pigeon Forge! Cabin
| 2 bd · 2 ba · sleeps 8 | $24,529 | $234 | 29% | 4.6★ (109) | 436 ft | AirbnbVrbo |
Honeymoon Cabin w/ Loft & Hot Tub | Near Dollywood Cabin
| 2 bd · 2 ba · sleeps 4 | $35,562 | $205 | 48% | 5★ (229) | 446 ft | Airbnb |
NEW! Amber & Oak | Hot Tub | Minutes to Dollywood! Cabin
| 2 bd · 1 ba · sleeps 4 | $1,950 | $202 | 3% | 5★ (3) | 509 ft | Airbnb |
Gnome Alone Chalet | 2 bd · 1 ba · sleeps 4 | $53,000 | $245 | 59% | 4.7★ (35) | 522 ft | Booking |
Smokey Mtn Fall Vacation |Hot Tub | Fireplace Cabin
| 2 bd · 2 ba · sleeps 5 | $38,351 | $214 | 49% | 4.8★ (222) | 0.1 mi | AirbnbVrbo |
2 Bedroom in Echota- Close to Pigeon Forge. Cabin
| 2 bd · 2 ba · sleeps 6 | $62,834 | $249 | 69% | 4.8★ (343) | 0.1 mi | AirbnbVrbo |
Soaky Bear-Pool Cabin-Smoky Mountains Cabin
| 2 bd · 3 ba · sleeps 8 | $48,186 | $318 | 42% | 4.7★ (31) | 0.1 mi | AirbnbVrbo |
Nature's Harmony #10 Cabin – Your Perfect Getaway Cabin
| 2 bd · 2 ba · sleeps 4 | $41,185 | $205 | 55% | 4.8★ (206) | 0.1 mi | Vrbo |
Modern Cabin+2 King Suites+HotTub+Outdoor Swingbed House
| 2 bd · 2 ba · sleeps 4 | $51,087 | $236 | 59% | 4.8★ (85) | 0.1 mi | AirbnbVrbo |
Cozy Cabin W Wooded View, Sleeps 6・Near Downtown Cabin
| 2 bd · 2 ba · sleeps 6 | $46,864 | $231 | 56% | 4.7★ (27) | 0.1 mi | AirbnbVrboBooking |
American Gem Cabin
| 2 bd · 2 ba · sleeps 4 | $19,780 | $279 | 19% | 4.2★ (4) | 0.1 mi | AirbnbVrboBooking |
Peaceful Woods #25- Charming & Clean Log Cabin! Cabin
| 2 bd · 2 ba · sleeps 5 | $47,019 | $203 | 63% | 4.8★ (205) | 0.1 mi | Vrbo |
Pigeon Forge Convention Center-1 Mile-HotTub-Pets Cabin
| 2 bd · 2 ba · sleeps 7 | $24,748 | $235 | 29% | 4.8★ (92) | 0.1 mi | AirbnbVrbo |
TENNESSEE CABIN! CONVENIENT LOCATION! COZY & COMFORTABLE! BOOK TODAY! Cabin | 2 bd · 2 ba · sleeps 4 | $9,003 | $195 | 13% | 5★ (150) | 0.1 mi | Delisted |
Chocolate Moose*Sevierville*Great Value*Hot Cabin | 2 bd · 1 ba · sleeps 6 | $56,413 | $0 | — | 4.5★ (2) | 0.1 mi | Airbnb |
Home Sweet Home Cabin | 2 bd · 2 ba · sleeps 6 | $64,013 | $262 | 67% | 4.8★ (9) | 0.2 mi | Airbnb |
Cutest, comfiest log cabin with great screened in Cabin
| 2 bd · 2 ba · sleeps 6 | $35,193 | $263 | 37% | 4.5★ (20) | 0.2 mi | AirbnbVrbo |
Wooded 2BR | Fireplace | Free Attraction Tickets Cabin | 2 bd · 2 ba · sleeps 6 | $25,097 | $266 | 26% | 4.2★ (191) | 0.2 mi | AirbnbBooking |
Serene Cozy Cabin w/ Hot Tub & Games Cabin
| 2 bd · 2 ba · sleeps 4 | $34,902 | $258 | 37% | 4.4★ (16) | 0.2 mi | AirbnbVrbo |
Serene Cozy Cabin w/ Hot Tub & Games Cabin
| 2 bd · 2 ba · sleeps 4 | $40,036 | $249 | 44% | 4.6★ (0) | 0.2 mi | Vrbo |
Smoky Time Out by Venture Smoky Mountains Vacation home | 2 bd · 2 ba · sleeps 4 | $53,058 | $246 | 59% | 4.5★ (1) | 0.2 mi | Booking |
Moonshine Mountain Cabin
| 2 bd · 1.5 ba · sleeps 6 | $37,556 | $209 | 49% | 4.8★ (16) | 0.3 mi | AirbnbVrbo |
Wow! So Much to Do! 2 BR Condo Sleeps Up to 8! Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $33,940 | $579 | 16% | — | 0.5 mi | AirbnbVrbo |
Wilderness Resort Wyndham Unit 2BR Condominium (condo)
| 2 bd · 2 ba · sleeps 8 | $106,853 | $327 | 90% | 4.8★ (19) | 0.5 mi | AirbnbVrbo |
2 Bedroom @ Great Smokies Lodge- TN Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $28,578 | $414 | 19% | 4.7★ (3) | 0.5 mi | Delisted |
*Beautiful Resort in Great Smokies Lodge 2BD Delux Condominium (condo) | 2 bd · 2 ba · sleeps 8 | $55,746 | $322 | 47% | — | 0.5 mi | Airbnb |
Great Smokies Lodge 2 Bedroom Condominium (condo)
| 2 bd · 2 ba · sleeps 8 | $6,578 | $215 | 8% | 5★ (4) | 0.5 mi | Airbnb |
Great Smokies Lodge - 2BR/2BA - Waterpark Passes! Condominium (condo)
| 2 bd · 2 ba · sleeps 8 | $75,418 | $338 | 61% | — | 0.5 mi | AirbnbVrbo |
Great Smokies Lodge in a 2 Bedroom Condominium (condo) | 2 bd · 2 ba · sleeps 8 | $53,540 | $342 | 43% | 4.8★ (11) | 0.5 mi | Delisted |
2 Br Deluxe - Wyndham Great Smokies Lodge Condominium (condo) | 2 bd · 2 ba · sleeps 8 | $14,245 | $236 | 17% | 5★ (1) | 0.5 mi | Delisted |
Great Smokies Lodge Resort. 2 Bedroom Condo. TN Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $37,725 | $550 | 19% | — | 0.5 mi | Airbnb |
2br Deluxe Unit In Mountains with Waterpark! Condominium (condo)
| 2 bd · 2 ba · sleeps 8 | $70,558 | $243 | 80% | 5★ (6) | 0.5 mi | AirbnbVrbo |
2br Presidential Unit Luxury Golf View & Waterpark Apartment
| 2 bd · 2 ba · sleeps 6 | $89,972 | $332 | 74% | — | 0.5 mi | AirbnbVrbo |
2br Deluxe Unit In Mountains with Waterpark! Condominium (condo) | 2 bd · 2 ba · sleeps 8 | $56,524 | $226 | 69% | — | 0.5 mi | Delisted |
2br Deluxe Pool View + Water Park Fun for Families Condominium (condo) | 2 bd · 2 ba · sleeps 8 | $49,620 | $256 | 53% | — | 0.5 mi | Vrbo |
2br Deluxe Golf View- A True Golfer's Dream Condominium (condo) | 2 bd · 2 ba · sleeps 8 | $71,752 | $247 | 80% | — | 0.5 mi | Vrbo |
2br Deluxe Golf View- A True Golfer's Dream Condominium (condo) | 2 bd · 2 ba · sleeps 8 | $72,361 | $244 | 81% | 5★ | 0.5 mi | Delisted |
2br Deluxe Unit In Mountains with Waterpark! Condominium (condo) | 2 bd · 2 ba · sleeps 8 | $51,503 | $211 | 67% | 5★ | 0.5 mi | Delisted |
Wyndham at Wilderness Lodge 2BR Water Park(s) included Condominium (condo)
| 2 bd · 2 ba · sleeps 8 | $76,888 | $371 | 57% | 5★ (44) | 0.5 mi | Vrbo |
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 8.15% = 7.40% Freddie Mac 30-yr avg (Oct 15) + 0.75% investor premium
Est. revenue
$44,487
NOI
$22,912
Cash flow /mo
-$463
Cash needed
$139,250
Cash-on-cash
-4.0%
ROE (yr 1)
7.0%
Cap rate
5.4%
DSCR
0.80
Year-1 write-off
$131,978
Year-1 tax shield @ 32%
$42,233
Year-1 return on equity
- Cash flow (annual)-$5,556
- Principal paydown$2,584
- Appreciation at%$12,750
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)$8,897
- Platform fees (3% of revenue)$1,335
- Maintenance / capex (5% of revenue)$2,224
- Utilities & supplies$4,200
- HOA$264
- Property tax$2,105
- Insurance (STR-rated)$2,550
Cash needed to close
- Down payment (25%)$106,250
- Closing costs (4.0%)$17,000
- Furnishing (bought new)$16,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$42,233
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
$394,000
Short-life (5/15-yr)
$116,000 · 29%
Year-1 deduction
$132,000
Year-1 tax shield @ 32%
$42,000
Land 7% (county tax record, market value split) · building $279,000 over 39 years · new furniture $16,000
Based on: 922 sq ft, built 1994, 2 bd / 2 ba, unfurnished, listing features (deck, fireplace, stone counters, flooring types, appliance list, wooded lot).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $75,000 in year 1 (15% short-life, $24,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $14,100
Kitchen cabinetsdefault
$7,800 new × 40% good × 4.51 allocation
- $14,400
Kitchen countertops (stone)listing
$8,000 new × 40% good × 4.51 allocation
- $2,900
Decorative trimdefault
$1,600 new × 40% good × 4.51 allocation
- $500
Mirrorsdefault
$300 new × 40% good × 4.51 allocation
- $1,600
Shelvingdefault
$900 new × 40% good × 4.51 allocation
- $4,100
Window coverings (9)default
$2,300 new × 40% good × 4.51 allocation
- $11,000
Kitchen & laundry equipment plumbingdefault
$6,100 new × 40% good × 4.51 allocation
- $6,600
Kitchen, laundry & data equipment electricaldefault
$3,700 new × 40% good × 4.51 allocation
- $13,900
Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing
$7,700 new × 40% good × 4.51 allocation
- $16,000
Furniture bought newlisting
$16,000 new × 100% good · bought separately
- $14,200
Paving: driveway & walks (paved)default
$6,300 new × 50% good × 4.51 allocation
- $6,800
Landscaping (minimal)listing
$3,000 new × 50% good × 4.51 allocation
- $2,100
Patiosdefault
$900 new × 50% good × 4.51 allocation
- $23,400
Decks & porches (attached)listing
$10,400 new × 50% good × 4.51 allocation
- $209,600
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$99,500 new × 47% good × 4.51 allocation
- $18,600
Building plumbing & fixturesdefault
$10,300 new × 40% good × 4.51 allocation
- $16,200
Building electrical & lightingdefault
$9,000 new × 40% good × 4.51 allocation
- $18,700
HVACdefault
$10,400 new × 40% good × 4.51 allocation
- $10,700
Hardwood & tile floorsdefault
$5,900 new × 40% good × 4.51 allocation
- $4,800
Fireplacelisting
$2,600 new × 40% good × 4.51 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $85,200 | $46,500 | $300 | $132,000 |
| 2 | $0 | $0 | $7,100 | $7,100 |
| 3 | $0 | $0 | $7,100 | $7,100 |
| 4 | $0 | $0 | $7,100 | $7,100 |
| 5 | $0 | $0 | $7,100 | $7,100 |
| 6+ | $0 | $0 | $249,700 | $249,700 |
| Total | $85,200 | $46,500 | $278,500 | $410,200 |
The building's share of the price ($394,000) is 4.5x our depreciated replacement cost of the home ($87,000). 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.