222 Forrest Loop Way
Gatlinburg, TN 37738
$500,000
3 bd · 2 ba · 1,600 sqft · Listed today
View on Realtor.com →Year built
2020
Sqft
1,600
Lot sqft
4,792
HOA / mo
$400
Furnished
No
List date
2026-11-12T02:32:28.000000Z
Revenue
Annual revenue
$45,058
ADR
$220
Occupancy
56%
Cleaning fees (12 mo)
$9,351
Confidence
Med (55.97), 46 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $40,938
Resort Cabin! Pickleball, Pool, HotTub, Trails, HC
Cabin · 3 bd · 2 ba · sleeps 8 · 154 ft
Revenue $27,917ADR $244Occ ≈ 31%4.9★ (86)
3 Bedrooms | Hot Tub | Arcade | Close to Downtown
Cabin · 3 bd · 2.5 ba · sleeps 8 · 259 ft
Revenue $29,242ADR $249Occ ≈ 32%4.8★ (65)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Marlene's Hideaway | Hot Tub, Porch, Amenities! Cabin | 3 bd · 2 ba · sleeps 6 | $55,569 | $394 | 39% | 4★ (51) | 82 ft | AirbnbBooking |
Spacious Cabin w/ 3 King Beds & Hot Tub Near Park! Cabin
| 3 bd · 2 ba · sleeps 8 | $41,427 | $243 | 47% | 4.7★ (182) | 105 ft | AirbnbVrboBooking |
Cozy 3BD Cabin w/ Hot Tub + Pool Access! Near TOWN Cabin
| 3 bd · 2 ba · sleeps 8 | $45,855 | $221 | 57% | 4.7★ (53) | 125 ft | AirbnbVrbo |
Cozy 3 bd cabin 20 mins to Dollywood, hot tub pool Cabin
| 3 bd · 2 ba · sleeps 8 | $15,152 | $256 | 16% | 5★ (18) | 128 ft | AirbnbVrbo |
Resort Cabin! Pickleball, Pool, HotTub, Trails, HC Cabin | 3 bd · 2 ba · sleeps 8 | $27,917 | $244 | 31% | 4.9★ (86) | 154 ft | Airbnb |
Cozy 3BR Cabin Near National Park W Hot Tub/Arcade Cabin
| 3 bd · 2.5 ba · sleeps 8 | $33,985 | $248 | 38% | 4.8★ (35) | 203 ft | AirbnbVrbo |
3 Bedrooms | Hot Tub | Arcade | Close to Downtown Cabin | 3 bd · 2.5 ba · sleeps 8 | $29,242 | $249 | 32% | 4.8★ (65) | 259 ft | Airbnb |
3 BDR Log Cabin in Cozy Resort w/ Private Hot Tub Cabin
| 3 bd · 2 ba · sleeps 10 | $66,409 | $334 | 54% | 4.5★ (93) | 302 ft | AirbnbVrboBooking |
Flat Roads, Tennis/Pickleball, Game Room, Hot Tub Cabin
| 3 bd · 3 ba · sleeps 8 | $53,157 | $304 | 48% | 4.8★ (120) | 312 ft | AirbnbVrboBooking |
Charming 3BD Cabin w/ Hot Tub! Arcade + POOL! Cabin
| 3 bd · 2 ba · sleeps 6 | $54,370 | $264 | 56% | 4.9★ (82) | 328 ft | AirbnbVrbo |
Show 32 more
Rhythm & Blues By Avada Properties
Vacation home · 3 bd · 2 ba · sleeps 8 · 486 ft
Revenue $59,484ADR $239Occ ≈ 68%4.5★ (6)
Hot Tub + Foosball | Access to Pool, Tennis, Gym
House · 3 bd · 2 ba · sleeps 10 · 0.1 mi
Revenue $11,264ADR $1,007Occ ≈ 3%4.5★ (2)
Delisted
Beautiful Lofted Condo, Centrally Located
Apartment · 3 bd · 2 ba · sleeps 6 · 0.1 mi
Revenue $28,186ADR $214Occ ≈ 36%3.5★ (2)
Dancing Bear Hideaway - Outdoor Hot Tub, Screened-In Deck, + Access to Community Amenities
Vacation home · 3 bd · 2 ba · sleeps 8 · 0.1 mi
Revenue $55,337ADR $219Occ ≈ 69%—
Beary Dreamy by American Patriot Getaways
Vacation home · 3 bd · 2 ba · sleeps 8 · 0.1 mi
Revenue $44,036ADR $256Occ ≈ 47%5★ (1)
Smokie Mtn Memories! Relaxing Mountain Getaway.
Cabin · 3 bd · 2 ba · sleeps 8 · 0.1 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +5
Revenue $26,800ADR $195Occ ≈ 38%4.8★ (116)
Gatlinburg cabin, renovated 3 Brm, Sleeps 8, FP, Pool Table, Hot Tub, WIFI
Cabin · 3 bd · 3 ba · sleeps 8 · 0.3 mi
- Hot tub
- Pool
- A/C
- Free parking
- +5
Revenue $45,590ADR $237Occ ≈ 53%4.8★ (257)
Luxury cabin with Mountain Views/Hot tub/Game Room
Cabin · 3 bd · 2 ba · sleeps 8 · 0.5 mi
Revenue $53,254ADR $223Occ ≈ 65%4.8★ (233)
Star Fall |Smoky Mtn Paradise with Panoramic Views
Cabin · 3 bd · 3 ba · sleeps 8 · 0.5 mi
Revenue $13,915ADR $309Occ ≈ 12%—
Delisted
Secluded Cabin w/ Fire Pit & Mountain Views
Cabin · 3 bd · 3 ba · sleeps 8 · 0.5 mi
Revenue $59,632ADR $401Occ ≈ 41%3.5★ (0)
Delisted
Sleeps 6 Pool Playground Mountain Views Hot Tub
Condominium (condo) · 3 bd · 2 ba · sleeps 6 · 0.6 mi
Revenue $10,567ADR $207Occ ≈ 14%4.6★ (15)
Delisted
Smoky Mountain View! Cloudwalk Retreat Gatlinburg
Cabin · 3 bd · 3 ba · sleeps 8 · 0.7 mi
Revenue $16,574ADR $828Occ ≈ 5%4.2★ (4)
Delisted
Stunning Views, Hot Tub + Movie Theater
Cabin · 3 bd · 2 ba · sleeps 9 · 0.7 mi
Revenue $69,967ADR $379Occ ≈ 51%3.8★ (5)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
3BR Cabin | Prime Location | Flat & Easy access! Cabin
| 3 bd · 2 ba · sleeps 8 | $35,186 | $248 | 39% | 4.9★ (45) | 417 ft | AirbnbVrbo |
Views! Hot Tub! Arcade-Pool-Pickleball Cabin
| 3 bd · 2 ba · sleeps 8 | $40,449 | $236 | 47% | 5★ (153) | 476 ft | AirbnbVrbo |
Rhythm & Blues By Avada Properties Vacation home | 3 bd · 2 ba · sleeps 8 | $59,484 | $239 | 68% | 4.5★ (6) | 486 ft | Booking |
Gatlinburg Resort Cabin - Hot Tub, Game room, Pool Cabin
| 3 bd · 2 ba · sleeps 8 | $44,264 | $291 | 42% | 5★ (111) | 505 ft | AirbnbVrbo |
Hot Tub + Foosball | Access to Pool, Tennis, Gym House | 3 bd · 2 ba · sleeps 10 | $11,264 | $1,007 | 3% | 4.5★ (2) | 0.1 mi | Delisted |
Hot Tub + Foosball | Access to Pool, Tennis, Gym Cabin | 3 bd · 2 ba · sleeps 10 | $30,299 | $253 | 33% | 4★ (15) | 0.1 mi | AirbnbBooking |
Log Cabin • Hot tub • Mountain View • Flat Roads Cabin
| 3 bd · 2 ba · sleeps 8 | $67,320 | $293 | 63% | 5★ (246) | 0.1 mi | AirbnbVrboBooking |
Beautiful Lofted Condo, Centrally Located Apartment | 3 bd · 2 ba · sleeps 6 | $28,186 | $214 | 36% | 3.5★ (2) | 0.1 mi | Booking |
Dancing Bear Hideaway - Outdoor Hot Tub, Screened-In Deck, + Access to Community Amenities Vacation home | 3 bd · 2 ba · sleeps 8 | $55,337 | $219 | 69% | — | 0.1 mi | Booking |
Beary Dreamy by American Patriot Getaways Vacation home | 3 bd · 2 ba · sleeps 8 | $44,036 | $256 | 47% | 5★ (1) | 0.1 mi | Booking |
White Oak Retreat - Hot Tub, Games, Views, Pool! Cabin
| 3 bd · 2 ba · sleeps 8 | $48,114 | $258 | 51% | 4.9★ (49) | 0.1 mi | AirbnbVrbo |
Smokie Mtn Memories! Relaxing Mountain Getaway. Cabin
| 3 bd · 2 ba · sleeps 8 | $26,800 | $195 | 38% | 4.8★ (116) | 0.1 mi | Airbnb |
Hot tub*flat roads *new build Cabin
| 3 bd · 2.5 ba · sleeps 8 | $51,061 | $236 | 59% | 4.8★ (100) | 0.2 mi | AirbnbVrbo |
Gatlinburg cabin, renovated 3 Brm, Sleeps 8, FP, Pool Table, Hot Tub, WIFI Cabin
| 3 bd · 3 ba · sleeps 8 | $45,590 | $237 | 53% | 4.8★ (257) | 0.3 mi | Vrbo |
Hot Tub, Pet-Friendly House–20 Min to Gatlinburg House
| 3 bd · 2 ba · sleeps 8 | $37,204 | $253 | 40% | 4.9★ (143) | 0.4 mi | AirbnbVrboBooking |
Luxury cabin with Mountain Views/Hot tub/Game Room Cabin | 3 bd · 2 ba · sleeps 8 | $53,254 | $223 | 65% | 4.8★ (233) | 0.5 mi | Airbnb |
Massage Chairs * Hot Tub * Arcade * Two Fireplaces Cabin
| 3 bd · 2 ba · sleeps 8 | $60,464 | $339 | 49% | 4.8★ (43) | 0.5 mi | AirbnbVrbo |
Star Fall |Smoky Mtn Paradise with Panoramic Views Cabin | 3 bd · 3 ba · sleeps 8 | $13,915 | $309 | 12% | — | 0.5 mi | Delisted |
Gatlinburg Cabin Hot Tub Fire Pit & Amazing Views Cabin
| 3 bd · 3 ba · sleeps 8 | $87,785 | $385 | 62% | 4.6★ (112) | 0.5 mi | AirbnbVrboBooking |
Secluded Cabin w/ Fire Pit & Mountain Views Cabin | 3 bd · 3 ba · sleeps 8 | $59,632 | $401 | 41% | 3.5★ (0) | 0.5 mi | Delisted |
Breathtaking mtn views. Indoor pool & hot tub Condominium (condo)
| 3 bd · 2 ba · sleeps 8 | $34,063 | $211 | 44% | 4.7★ (105) | 0.6 mi | AirbnbVrbo |
Sleeps 8 Pool Playground Mountain Views Hot Tub Condominium (condo)
| 3 bd · 2 ba · sleeps 8 | $51,380 | $213 | 66% | 4.8★ (26) | 0.6 mi | AirbnbVrbo |
Gatlinburg Mountain Condo w/ Pool, Hot Tub, Views Condominium (condo)
| 3 bd · 2 ba · sleeps 8 | $39,861 | $183 | 60% | 4.2★ (30) | 0.6 mi | AirbnbVrboBooking |
Sleeps 6 Pool Playground Mountain Views Hot Tub Condominium (condo) | 3 bd · 2 ba · sleeps 6 | $10,567 | $207 | 14% | 4.6★ (15) | 0.6 mi | Delisted |
Amazing Views, Indoor Pool, Basketball, & more! Condominium (condo)
| 3 bd · 2 ba · sleeps 6 | $16,133 | $221 | 20% | 4.8★ (6) | 0.6 mi | AirbnbVrbo |
Mountain Views, Private Balcony, Pool, and Hot Tub Condominium (condo) | 3 bd · 2 ba · sleeps 6 | $34,577 | $198 | 48% | 4.8★ (9) | 0.6 mi | AirbnbBooking |
Mountainview Condo w/ Indoor Pool & Hot Tub Access Condominium (condo)
| 3 bd · 2 ba · sleeps 8 | $57,759 | $229 | 69% | 4.8★ (106) | 0.6 mi | AirbnbVrboBooking |
Smoky Mtn Condo w/ Indoor Pool & Hot Tub Condominium (condo)
| 3 bd · 2 ba · sleeps 8 | $34,557 | $177 | 53% | 4.6★ (13) | 0.6 mi | AirbnbVrboBooking |
Mtn Views, Modern + Amenities— Family Fun! Condominium (condo)
| 3 bd · 2 ba · sleeps 8 | $33,341 | $228 | 40% | 4.4★ (16) | 0.7 mi | AirbnbVrboBooking |
Smoky Mountain View! Cloudwalk Retreat Gatlinburg Cabin | 3 bd · 3 ba · sleeps 8 | $16,574 | $828 | 5% | 4.2★ (4) | 0.7 mi | Delisted |
Stunning Views, Hot Tub + Movie Theater Cabin | 3 bd · 2 ba · sleeps 9 | $69,967 | $379 | 51% | 3.8★ (5) | 0.7 mi | Airbnb |
Serenity in Smokies• EPIC view •3K bed •area pool Condominium (condo)
| 3 bd · 3 ba · sleeps 8 | $30,584 | $283 | 30% | 5★ (28) | 0.7 mi | AirbnbVrbo |
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
Est. revenue
$45,058
NOI
$18,526
Cash flow /mo
$1,544
Cash needed
$539,500
Cash-on-cash (all cash)
3.4%
ROE (yr 1)
6.2%
Cap rate
3.7%
DSCR
—
Year-1 write-off
$113,674
Year-1 tax shield @ 32%
$36,376
Year-1 return on equity
- Cash flow (annual)$18,526
- Principal paydown (n/a, cash)$0
- Appreciation at%$15,000
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)$9,012
- Platform fees (3% of revenue)$1,352
- Maintenance / capex (5% of revenue)$2,253
- Utilities & supplies$4,200
- HOA$4,800
- Property tax$1,916
- Insurance (STR-rated)$3,000
Cash needed to close
- Purchase price (all cash)$500,000
- Closing costs (4.0%)$20,000
- Furnishing (bought new)$19,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$36,376
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
$425,000
Short-life (5/15-yr)
$94,000 · 22%
Year-1 deduction
$114,000
Year-1 tax shield @ 32%
$36,000
Land 15% (market default, no usable tax-record split) · building $331,000 over 39 years · new furniture $20,000
Based on: 1,600 sq ft, built 2020, 3 bd / 2 ba, unfurnished, listing features (hot tub, deck, fireplace, stone counters, flooring types, appliance list, wooded lot).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $66,000 in year 1 (11% short-life, $21,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $11,200
Kitchen cabinetsdefault
$9,300 new × 76% good × 1.58 allocation
- $11,400
Kitchen countertops (stone)listing
$9,500 new × 76% good × 1.58 allocation
- $3,400
Decorative trimdefault
$2,800 new × 76% good × 1.58 allocation
- $200
Mirrorsdefault
$300 new × 50% good × 1.58 allocation
- $1,400
Shelvingdefault
$1,200 new × 76% good × 1.58 allocation
- $2,500
Window coverings (16)default
$4,000 new × 40% good × 1.58 allocation
- $10,100
Kitchen & laundry equipment plumbingdefault
$7,200 new × 88% good × 1.58 allocation
- $6,100
Kitchen, laundry & data equipment electricaldefault
$4,400 new × 88% good × 1.58 allocation
- $5,300
Appliances (range, microwave, refrigerator, washer, dryer)listing
$6,700 new × 50% good × 1.58 allocation
- $5,700
Hot tub (freestanding)listing
$9,000 new × 40% good × 1.58 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $10,000
Paving: driveway & walks (paved)default
$8,300 new × 76% good × 1.58 allocation
- $4,800
Landscaping (minimal)listing
$4,000 new × 76% good × 1.58 allocation
- $1,900
Patiosdefault
$1,600 new × 76% good × 1.58 allocation
- $19,900
Decks & porches (attached)listing
$18,000 new × 70% good × 1.58 allocation
- $246,400
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$173,300 new × 90% good × 1.58 allocation
- $25,000
Building plumbing & fixturesdefault
$18,000 new × 88% good × 1.58 allocation
- $24,400
Building electrical & lightingdefault
$17,600 new × 88% good × 1.58 allocation
- $19,900
HVACdefault
$18,000 new × 70% good × 1.58 allocation
- $12,400
Hardwood & tile floorsdefault
$10,300 new × 76% good × 1.58 allocation
- $3,200
Fireplacelisting
$2,600 new × 76% good × 1.58 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $76,800 | $36,500 | $400 | $113,700 |
| 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 | $296,900 | $296,900 |
| Total | $76,800 | $36,500 | $331,200 | $444,500 |
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.