3510 Twin City Way
Pigeon Forge, TN 37863
$549,900
2 bd · 2 ba · 1,075 sqft · Listed 1d ago
View on Realtor.com →Year built
2013
Sqft
1,075
Lot sqft
32,670
HOA / mo
None
Furnished
No
List date
2026-10-14T17:22:58.000000Z
Revenue
Annual revenue
$47,436
ADR
$212
Occupancy
61%
Cleaning fees (12 mo)
$9,062
Confidence
Low (40.19), 50 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $41,768
OutskirtsofHeaven: HotTub, Wifi, Games, FirePlace
Cabin · 2 bd · 2 ba · sleeps 4 · 49 ft
Revenue $2,658ADR $224Occ ≈ 3%—
The Fur Traders Cabin- Pigeon Forge cabin
Vacation home · 2 bd · 2 ba · sleeps 4 · 0.1 mi
Revenue $41,766ADR $209Occ ≈ 55%—
The Fur Traders Cabin- Pigeon Forge
Vacation home · 2 bd · 2 ba · sleeps 4 · 0.1 mi
Revenue $18,955ADR $239Occ ≈ 22%—
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Convenient Pigeon Forge Cabin-Two Bedroom Pool Table Internet- Cabin | 2 bd · 2 ba · sleeps 4 | $45,688 | $193 | 65% | 4.5★ (14) | 39 ft | VrboBooking |
OutskirtsofHeaven: HotTub, Wifi, Games, FirePlace Cabin | 2 bd · 2 ba · sleeps 4 | $2,658 | $224 | 3% | — | 49 ft | Airbnb |
Dream Catcher Hideaway Cabin | 2 bd · 2 ba · sleeps 6 | $39,678 | $195 | 56% | 4.8★ (305) | 223 ft | AirbnbVrboBooking |
Bearly Paradise: Mountaintop Views & Hot Tub Cabin | 2 bd · 2 ba · sleeps 6 | $55,335 | $261 | 58% | 4.5★ (15) | 351 ft | AirbnbVrbo |
A-Frame Mountain Retreat | Jaw-Dropping Smoky Moun House | 2 bd · 1.5 ba · sleeps 6 | $15,461 | $237 | 18% | 5★ (10) | 436 ft | AirbnbVrbo |
EaglesView:MtnViews*H/moon*H/Tub*Wifi*FirePit*Yard Cabin | 2 bd · 1.5 ba · sleeps 6 | $75,775 | $316 | 66% | 5★ (2) | 436 ft | AirbnbVrbo |
Rustic Cabin, 6 Mi to Dollywood, Full Coffee Bar Cabin | 2 bd · 2 ba · sleeps 6 | $69,462 | $262 | 73% | 5★ (412) | 482 ft | AirbnbVrbo |
MOUNTAIN HIDEAWAY - AUTHENTIC LOG CABIN MINUTES TO PARKWAY AND ATTRACTIONS!!! Cabin | 2 bd · 2 ba · sleeps 4 | $54,584 | $261 | 57% | 4.8★ (335) | 0.1 mi | VrboBooking |
The Fur Traders Cabin- Pigeon Forge cabin Vacation home | 2 bd · 2 ba · sleeps 4 | $41,766 | $209 | 55% | — | 0.1 mi | Booking |
The Fur Traders Cabin- Pigeon Forge Vacation home | 2 bd · 2 ba · sleeps 4 | $18,955 | $239 | 22% | — | 0.1 mi | Booking |
Show 38 more
New! the Fur Traders Cabin- Pigeon Forge
Cabin · 2 bd · 2 ba · sleeps 4 · 0.1 mi
Revenue $12,609ADR $282Occ ≈ 12%—
Real log cabin quiet in trees 5 min from action
Cabin · 2 bd · 2 ba · sleeps 6 · 0.2 mi
Revenue $33,092ADR $175Occ ≈ 52%4.8★ (156)
Jan/Feb SPECIAL! STAY 3 nts, Get 4th nt 1/2 Off. STAY 6 nts, GET 7TH FREE.
Cabin · 2 bd · 2 ba · sleeps 6 · 0.2 mi
Revenue $44,949ADR $176Occ ≈ 70%4.8★ (347)
Gorgeous mountain views 6 min to Pigeon Forge. Pickle Ball, Firepit
Cabin · 2 bd · 1 ba · sleeps 4 · 0.4 mi
Revenue $7,958ADR $183Occ ≈ 12%5★ (8)
Cliffside Spa Cabin with Views
Cabin · 2 bd · 2 ba · sleeps 6 · 0.4 mi
Revenue $60,753ADR $330Occ ≈ 50%5★ (27)
The Nest - Pickle Ball, Firepit, Hot Tub, Mt Views
Chalet · 2 bd · 2 ba · sleeps 4 · 0.4 mi
Revenue $19,956ADR $419Occ ≈ 13%—
Convenient location, 2 Bedroom, 2 Bath Cabin - Away from it all!
Cabin · 2 bd · 2 ba · sleeps 4 · 0.5 mi
Revenue $32,413ADR $224Occ ≈ 40%4.9★ (294)
Mtn views. Hot tub. Pool table.5min to attractions
Cabin · 2 bd · 2 ba · sleeps 6 · 0.5 mi
Revenue $43,898ADR $206Occ ≈ 58%4.9★ (213)
VIEWS! Min. from Dollywood. Book now
Cabin · 2 bd · 2 ba · sleeps 7 · 0.5 mi
Revenue $99,209ADR $301Occ ≈ 90%4.9★ (351)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
New! the Fur Traders Cabin- Pigeon Forge Cabin | 2 bd · 2 ba · sleeps 4 | $12,609 | $282 | 12% | — | 0.1 mi | Airbnb |
Real log cabin quiet in trees 5 min from action Cabin | 2 bd · 2 ba · sleeps 6 | $33,092 | $175 | 52% | 4.8★ (156) | 0.2 mi | Airbnb |
A Secluded Retreat is a private 2 bedroom cabin mi House | 2 bd · 2.5 ba · sleeps 6 | $57,284 | $246 | 64% | 4.2★ (75) | 0.2 mi | AirbnbVrboBooking |
"All Inclusive of the Smokies" 2 Bedroom Cabin House | 2 bd · 2 ba · sleeps 6 | $17,966 | $326 | 15% | — | 0.2 mi | AirbnbVrbo |
Jan/Feb SPECIAL! STAY 3 nts, Get 4th nt 1/2 Off. STAY 6 nts, GET 7TH FREE. Cabin | 2 bd · 2 ba · sleeps 6 | $44,949 | $176 | 70% | 4.8★ (347) | 0.2 mi | Vrbo |
Views! Sauna/Hot tub/Firepit/Privacy/Yoga/Spa feel Cabin | 2 bd · 2 ba · sleeps 6 | $66,318 | $273 | 67% | 5★ (75) | 0.2 mi | AirbnbVrbo |
Meadows Way 3378 Cabin | 2 bd · 2 ba · sleeps 6 | $51,596 | $233 | 61% | 4.9★ (95) | 0.2 mi | AirbnbVrboBooking |
Sleeping 6-Hot Tub, Pool Table-Almost Heaven 2 Cabin | 2 bd · 2 ba · sleeps 6 | $22,704 | $215 | 29% | 4.5★ (56) | 0.2 mi | AirbnbVrboBooking |
2/2 Real log cabin w/FreeTix2Dollywd,zipline Cabin | 2 bd · 2 ba · sleeps 4 | $5,866 | $243 | 7% | 3★ (1) | 0.2 mi | AirbnbVrbo |
All Inclusive of the Smokies Cabin | 2 bd · 2 ba · sleeps 6 | $40,183 | $235 | 47% | 5★ (57) | 0.2 mi | AirbnbVrbo |
New Smoky Ridge Lookout Cabin | 2 bd · 2.5 ba · sleeps 8 | $66,072 | $245 | 74% | 4.8★ (42) | 0.2 mi | AirbnbVrboBooking |
*Stunning 2BD Cabin w/ VIEWS! Hot Tub + Fire Pit* Cabin | 2 bd · 2 ba · sleeps 8 | $21,566 | $358 | 17% | 4.5★ (48) | 0.3 mi | AirbnbVrbo |
View & Location! Sleeps 6! Cabin | 2 bd · 2.5 ba · sleeps 6 | $76,673 | $246 | 85% | 5★ (175) | 0.3 mi | AirbnbVrbo |
Gorgeous mountain views 6 min to Pigeon Forge. Pickle Ball, Firepit Cabin | 2 bd · 1 ba · sleeps 4 | $7,958 | $183 | 12% | 5★ (8) | 0.4 mi | Vrbo |
Gnome - Firepit, Pickleball, Mt views, fireplace Cabin | 2 bd · 1 ba · sleeps 4 | $38,467 | $145 | 73% | 5★ (76) | 0.4 mi | AirbnbVrbo |
Cliffside Spa Cabin with Views Cabin | 2 bd · 2 ba · sleeps 6 | $60,753 | $330 | 50% | 5★ (27) | 0.4 mi | Airbnb |
Bee-utiful 2 bedroom/2 bathroom with game room Apartment | 2 bd · 2 ba · sleeps 4 | $824 | $206 | 1% | 4.8★ (98) | 0.4 mi | AirbnbVrbo |
Epic Fall View | Hot Tub | Minutes to Pigeon Forge Cabin | 2 bd · 2 ba · sleeps 6 | $5,985 | $193 | 8% | 5★ (1) | 0.4 mi | AirbnbVrboBooking |
A+ Location Mountain Cabin with Hot Tub & Mtn View Cabin | 2 bd · 2 ba · sleeps 6 | $72,309 | $233 | 85% | 5★ (212) | 0.4 mi | AirbnbVrbo |
Secluded Cabin 1.5 Mi-PKWY/Hot Tub/Arcade/KingBeds Cabin | 2 bd · 2 ba · sleeps 6 | $69,144 | $239 | 79% | 5★ (169) | 0.4 mi | AirbnbVrbo |
The Nest - Pickle Ball, Firepit, Hot Tub, Mt Views Chalet | 2 bd · 2 ba · sleeps 4 | $19,956 | $419 | 13% | — | 0.4 mi | Booking |
The Nest - Pickle Ball, Firepit, Hot Tub, Mt Views Cabin | 2 bd · 2 ba · sleeps 4 | $45,714 | $216 | 58% | 4.9★ (147) | 0.4 mi | AirbnbVrbo |
View and Me just needs you! Cabin | 2 bd · 2 ba · sleeps 6 | $56,839 | $248 | 63% | 4.5★ (20) | 0.4 mi | AirbnbVrbo |
Falling Waters Cabin | 2 bd · 2 ba · sleeps 6 | $32,966 | $209 | 43% | 4.7★ (25) | 0.4 mi | AirbnbVrbo |
KTC Firepit, Fireplace, Pickle Ball, Gorgeous View Cabin | 2 bd · 1 ba · sleeps 4 | $38,390 | $182 | 58% | 4.8★ (231) | 0.4 mi | AirbnbVrboBooking |
Mt views, Firepit, Pickle Ball, Hot Tub, Fireplace Cabin | 2 bd · 2 ba · sleeps 6 | $50,932 | $196 | 71% | 4.9★ (209) | 0.5 mi | AirbnbVrboBooking |
Cubby Bear Smoky Mountain Cabin - Summer Specials! Cabin | 2 bd · 2 ba · sleeps 8 | $63,976 | $286 | 61% | 4.7★ (174) | 0.5 mi | AirbnbVrboBooking |
Convenient location, 2 Bedroom, 2 Bath Cabin - Away from it all! Cabin | 2 bd · 2 ba · sleeps 4 | $32,413 | $224 | 40% | 4.9★ (294) | 0.5 mi | Vrbo |
Bear Paws Mountain Chalet Incredible Views! Cabin | 2 bd · 2 ba · sleeps 8 | $39,526 | $229 | 47% | 4.8★ (183) | 0.5 mi | AirbnbVrbo |
Luxury Hot Tub Cabin Epic Smoky Mountain Views Cabin | 2 bd · 2 ba · sleeps 8 | $41,770 | $251 | 46% | 4.9★ (195) | 0.5 mi | AirbnbVrbo |
Mtn views. Hot tub. Pool table.5min to attractions Cabin | 2 bd · 2 ba · sleeps 6 | $43,898 | $206 | 58% | 4.9★ (213) | 0.5 mi | Airbnb |
All Alone , Arcade,Hot Tub,Pool Table,Free Wifi Cabin | 2 bd · 2 ba · sleeps 6 | $30,997 | $277 | 31% | 4.5★ (163) | 0.5 mi | AirbnbVrbo |
MyHappyPlace:Mtn Views*Res/Pool*Games*Hot Tub*Wifi Cabin | 2 bd · 2 ba · sleeps 7 | $88,285 | $372 | 65% | 3.7★ (7) | 0.5 mi | AirbnbVrbo |
Modern 2 Bedroom-Swimming Pool-Hot Tub-Pool Table Cabin | 2 bd · 2 ba · sleeps 8 | $32,716 | $239 | 38% | 4.8★ (109) | 0.5 mi | AirbnbVrboBooking |
Cubby Bear Cabin Cabin | 2 bd · 2 ba · sleeps 8 | $2,415 | $244 | 3% | — | 0.5 mi | AirbnbVrboBooking |
Evening Majesty has an unbelievable view Cabin | 2 bd · 2 ba · sleeps 6 | $63,099 | $258 | 67% | 4.9★ (445) | 0.5 mi | AirbnbVrbo |
VIEWS! Min. from Dollywood. Book now Cabin | 2 bd · 2 ba · sleeps 7 | $99,209 | $301 | 90% | 4.9★ (351) | 0.5 mi | Airbnb |
Little Lantern Hideaway Cabin | 2 bd · 1 ba · sleeps 4 | $43,977 | $184 | 65% | 4.9★ (52) | 0.6 mi | 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
Rate 8.15% = 7.40% Freddie Mac 30-yr avg (Oct 8) + 0.75% investor premium
Est. revenue
$47,436
NOI
$25,061
Cash flow /mo
-$981
Cash needed
$175,471
Cash-on-cash
-6.7%
ROE (yr 1)
4.6%
Cap rate
4.6%
DSCR
0.68
Year-1 write-off
$115,521
Year-1 tax shield @ 32%
$36,967
Year-1 return on equity
- Cash flow (annual)-$11,773
- Principal paydown$3,344
- Appreciation at%$16,497
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)$9,487
- Platform fees (3% of revenue)$1,423
- Maintenance / capex (5% of revenue)$2,372
- Utilities & supplies$4,200
- HOA$0
- Property tax$1,594
- Insurance (STR-rated)$3,299
Cash needed to close
- Down payment (25%)$137,475
- Closing costs (4.0%)$21,996
- Furnishing (bought new)$16,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$36,967
No county tax record split for property tax, insurance rate and the land/building split, so those use market defaults — edit the price above; 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
$467,000
Short-life (5/15-yr)
$99,000 · 21%
Year-1 deduction
$116,000
Year-1 tax shield @ 32%
$37,000
Land 15% (market default, no usable tax-record split) · building $368,000 over 39 years · new furniture $16,000
Based on: 1,075 sq ft, built 2013, 2 bd / 2 ba, unfurnished, listing features (hot tub, fireplace, flooring types, appliance list).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $87,000 in year 1 (15% short-life, $28,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $12,300
Kitchen cabinetsdefault
$8,200 new × 48% good × 3.14 allocation
- $10,000
Kitchen countertopsdefault
$6,700 new × 48% good × 3.14 allocation
- $2,800
Decorative trimdefault
$1,900 new × 48% good × 3.14 allocation
- $400
Mirrorsdefault
$300 new × 40% good × 3.14 allocation
- $1,400
Shelvingdefault
$900 new × 48% good × 3.14 allocation
- $3,400
Window coverings (11)default
$2,800 new × 40% good × 3.14 allocation
- $14,700
Kitchen & laundry equipment plumbingdefault
$6,300 new × 74% good × 3.14 allocation
- $8,900
Kitchen, laundry & data equipment electricaldefault
$3,800 new × 74% good × 3.14 allocation
- $9,700
Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing
$7,700 new × 40% good × 3.14 allocation
- $11,300
Hot tub (freestanding)listing
$9,000 new × 40% good × 3.14 allocation
- $16,000
Furniture bought newlisting
$16,000 new × 100% good · bought separately
- $10,700
Paving: driveway & walks (paved)default
$6,800 new × 50% good × 3.14 allocation
- $10,300
Landscaping (typical)default
$6,500 new × 50% good × 3.14 allocation
- $1,700
Patiosdefault
$1,100 new × 50% good × 3.14 allocation
- $1,700
Decks & porches (attached)default
$1,100 new × 50% good × 3.14 allocation
- $285,500
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$116,300 new × 78% good × 3.14 allocation
- $27,900
Building plumbing & fixturesdefault
$12,000 new × 74% good × 3.14 allocation
- $25,300
Building electrical & lightingdefault
$10,900 new × 74% good × 3.14 allocation
- $15,200
HVACdefault
$12,100 new × 40% good × 3.14 allocation
- $10,400
Hardwood & tile floorsdefault
$6,900 new × 48% good × 3.14 allocation
- $4,000
Fireplacelisting
$2,600 new × 48% good × 3.14 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $90,900 | $24,200 | $400 | $115,500 |
| 2 | $0 | $0 | $9,400 | $9,400 |
| 3 | $0 | $0 | $9,400 | $9,400 |
| 4 | $0 | $0 | $9,400 | $9,400 |
| 5 | $0 | $0 | $9,400 | $9,400 |
| 6+ | $0 | $0 | $330,100 | $330,100 |
| Total | $90,900 | $24,200 | $368,300 | $483,400 |
The building's share of the price ($467,000) is 3.1x our depreciated replacement cost of the home ($149,000). 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.