813 String Run Way St
Pigeon Forge, TN 37863
$949,000
5 bd · 5 ba · 2,600 sqft · Listed 1d ago
View on Realtor.com →Year built
2023
Sqft
2,600
Lot sqft
4,356
HOA / mo
$100
Furnished
No
List date
2026-10-23T17:08:19.000000Z
Revenue
Annual revenue
$98,731
ADR
$472
Occupancy
57%
Cleaning fees (12 mo)
$16,684
Confidence
Med (57.44), 50 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $83,397
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
 Mountain High | Spacious+Hot Tub+Game Room+More! Cabin
| 5 bd · 5 ba · sleeps 12 | $18,267 | $468 | 11% | 5★ (3) | 72 ft | AirbnbVrboBooking |
 NEW BUILD/Large 2800sqft/4 Kings/HotTub/Game Rm Cabin
| 5 bd · 5 ba · sleeps 15 | $137,934 | $491 | 77% | 4.9★ (125) | 210 ft | AirbnbVrbo |
 New! 5BR cabin w/Hot Tub*Theater*Arcade*Fireplace Cabin
| 5 bd · 5 ba · sleeps 16 | $77,576 | $563 | 38% | 5★ (20) | 226 ft | AirbnbVrbo |
 1 Mile to Parkway ~ Hot Tub, Pool Table & Theater! Cabin
| 5 bd · 5 ba · sleeps 16 | $126,378 | $513 | 67% | 5★ (67) | 249 ft | AirbnbVrboBooking |
 Family 5BR Cabin | Hot Tub | Near Parkway Cabin
| 5 bd · 5 ba · sleeps 12 | $38,880 | $419 | 25% | 4.9★ (26) | 262 ft | AirbnbVrboBooking |
 Downtown Spacious Wooden Cabin Location,View,Peace Cabin
| 5 bd · 5 ba · sleeps 16 | $128,214 | $404 | 87% | 4.8★ (65) | 285 ft | AirbnbVrbo |
 2 Mi to Parkway W/ HotTub Theatre GameRoom BBQ Cabin
| 5 bd · 5 ba · sleeps 15 | $139,665 | $458 | 84% | 5★ (99) | 289 ft | AirbnbVrbo |
 Discounted! 5BR Retreat w/ Theater & Hot Tub House
| 5 bd · 5 ba · sleeps 12 | $95,909 | $495 | 53% | 4.8★ (31) | 312 ft | AirbnbVrbo |
 1.5 miles to Downtown-Cozy Wood Cabin-NEW BUILD Cabin
| 5 bd · 5 ba · sleeps 16 | $133,988 | $459 | 80% | 4.8★ (107) | 338 ft | AirbnbVrboBooking |
 1 mile from Downtown! 5BR-5BH-Hottub-Pool Tble Cabin
| 5 bd · 5 ba · sleeps 16 | $134,505 | $461 | 80% | 4.8★ (156) | 351 ft | AirbnbVrboBooking |
Show 37 more
Spacious 5BR Retreat with Theater and Hot Tub
Vacation home · 5 bd · 5 ba · sleeps 12 · 495 ft
Revenue $123,089ADR $564Occ ≈ 60%4.9★ (4)
Everlys Splash by American Patriot Getaways
Vacation home · 5 bd · 4 ba · sleeps 14 · 0.1 mi
Revenue $169,353ADR $633Occ ≈ 73%5★ (1)
5 BDRM, close 2 Dollywood, Arcade, Games, Hot tub!
Cabin · 5 bd · 5 ba · sleeps 16 · 0.1 mi
Revenue $15,977ADR $524Occ ≈ 8%—
Mountain High in Pigeon Forge
Cabin · 5 bd · 5 ba · sleeps 12 · 0.1 mi
Revenue $84,284ADR $448Occ ≈ 52%5★ (34)
Delisted
"Fiddler's Friend" 5 Bedroom Cabin
House · 5 bd · 5 ba · sleeps 16 · 0.2 mi
Revenue $53,718ADR $370Occ ≈ 40%—
Delisted
Enchanted Memories, Hot Tub, FREE Attraction tickets, Theater Room, WIFI!!!
Chalet · 5 bd · 4 ba · sleeps 12 · 0.4 mi
Revenue $100,004ADR $449Occ ≈ 61%2.2★ (2)
Unbeatable location!!! 5 bed/5 bath Luxury Cabin!
Cabin · 5 bd · 5 ba · sleeps 12 · 0.5 mi
Revenue $47,159ADR $676Occ ≈ 19%4.5★ (2)
Delisted
Charming Cabin in Pigeon Forge, For Unforgettable Group Glamping Escapes to Tennessee
Cabin · 5 bd · 4 ba · sleeps 14 · 0.5 mi
Revenue $17,473ADR $654Occ ≈ 7%—
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
5BR Cabin Near Parkway | Views, Hot Tub, Theater Cabin
| 5 bd · 5 ba · sleeps 16 | $55,821 | $572 | 27% | 4.9★ (39) | 367 ft | AirbnbVrbo |
Pigeon Forge - Close to Parkway - Family Fun Cabin
| 5 bd · 5 ba · sleeps 16 | $78,876 | $518 | 42% | 4.8★ (20) | 476 ft | AirbnbVrbo |
Spacious 5BR Retreat with Theater and Hot Tub Vacation home | 5 bd · 5 ba · sleeps 12 | $123,089 | $564 | 60% | 4.9★ (4) | 495 ft | Booking |
Fiddler’s Friend・Hot Tub・Theater・Game Room Cabin
| 5 bd · 5 ba · sleeps 14 | $32,814 | $541 | 17% | 3.6★ (3) | 518 ft | AirbnbVrbo |
Everlys Splash by American Patriot Getaways Vacation home | 5 bd · 4 ba · sleeps 14 | $169,353 | $633 | 73% | 5★ (1) | 0.1 mi | Booking |
5 BDRM, close 2 Dollywood, Arcade, Games, Hot tub! Cabin | 5 bd · 5 ba · sleeps 16 | $15,977 | $524 | 8% | — | 0.1 mi | Booking |
Pine Mountain Retreat- close to town, must see! Cabin
| 5 bd · 5 ba · sleeps 13 | $91,252 | $495 | 51% | 4.7★ (29) | 0.1 mi | AirbnbVrbo |
Mountain High in Pigeon Forge Cabin | 5 bd · 5 ba · sleeps 12 | $84,284 | $448 | 52% | 5★ (34) | 0.1 mi | Delisted |
5BD prime PF: 2 HotTub| Arcade| Theater |PoolTable Cabin
| 5 bd · 5 ba · sleeps 15 | $73,402 | $412 | 49% | 4.8★ (57) | 0.1 mi | AirbnbVrboBooking |
Luxe 5BR Cabin | Hot Tub, Theater & Game Room Cabin
| 5 bd · 5 ba · sleeps 16 | $43,434 | $593 | 20% | 4.8★ (63) | 0.1 mi | AirbnbVrbo |
Minutes to Pigeon Forge! - Sleeps 14 Cabin
| 5 bd · 5 ba · sleeps 16 | $75,364 | $509 | 41% | 4.8★ (22) | 0.1 mi | AirbnbVrbo |
5Bed/5Bath/Theater/Arcades/Hot Tub/1 Mile to Pkwy! Cabin
| 5 bd · 5 ba · sleeps 14 | $102,143 | $577 | 48% | 4.9★ (130) | 0.1 mi | AirbnbVrbo |
Best Location 5BR Sleeps 16 Cabin
| 5 bd · 5 ba · sleeps 16 | $109,380 | $455 | 66% | 5★ (181) | 0.1 mi | AirbnbVrbo |
Views|1 Mi to PF|3 Decks|Game Rm|Theater|Pets|Baby Cabin
| 5 bd · 5 ba · sleeps 16 | $152,545 | $641 | 65% | 5★ (73) | 0.1 mi | AirbnbVrbo |
Smoky Mtn Retreat | Sauna + Hot Tub + Game Room House
| 5 bd · 5 ba · sleeps 12 | $62,231 | $542 | 31% | 5★ (18) | 0.2 mi | AirbnbVrboBooking |
Best Pigeon Forge Cabin Rental ‘22 NEW 5 BR 5 BA❤️ Cabin
| 5 bd · 5 ba · sleeps 14 | $65,222 | $429 | 42% | 5★ (84) | 0.2 mi | AirbnbVrbo |
"Fiddler's Friend" 5 Bedroom Cabin House | 5 bd · 5 ba · sleeps 16 | $53,718 | $370 | 40% | — | 0.2 mi | Delisted |
Hillbilly Hideaway *Located Close to the Island Cabin
| 5 bd · 5 ba · sleeps 16 | $84,268 | $573 | 40% | 5★ (17) | 0.2 mi | AirbnbVrbo |
Spacious-2800sqft-Cabin in Downtwn-5br/5bt Cabin | 5 bd · 5 ba · sleeps 16 | $53,845 | $385 | 38% | 4.8★ (130) | 0.2 mi | AirbnbBooking |
Sleeps 16, Every Room Ensuite, Theater & Arcade House
| 5 bd · 5 ba · sleeps 16 | $102,153 | $514 | 54% | 4.9★ (85) | 0.2 mi | AirbnbVrboBooking |
NEW 2022 Luxry Cabin, 5BR, HotTub, Games, MovieT Cabin
| 5 bd · 5 ba · sleeps 16 | $66,899 | $448 | 41% | 4.7★ (93) | 0.2 mi | AirbnbVrbo |
Downtown 2600sqft-5BD-Hottub-Theater-Pool Tble Cabin
| 5 bd · 5 ba · sleeps 16 | $163,261 | $520 | 86% | 4.8★ (153) | 0.2 mi | AirbnbVrboBooking |
Remodeled Theater/Games/Hot Tub <2 Miles from PF Cabin
| 5 bd · 5 ba · sleeps 16 | $49,646 | $431 | 32% | 5★ (18) | 0.3 mi | AirbnbVrbo |
Welcome to Mountaintop Manor, a spacious and Cabin | 5 bd · 5 ba · sleeps 12 | $97,684 | $678 | 39% | 4.5★ (49) | 0.4 mi | AirbnbBooking |
1 Mi to Strip! Spacious/ Pool/ Games/ Hot Tub/ Pet Cabin
| 5 bd · 5 ba · sleeps 16 | $79,344 | $459 | 47% | 4.8★ (106) | 0.4 mi | AirbnbVrbo |
Great Location! Close to all the action! Cabin
| 5 bd · 4 ba · sleeps 14 | $88,481 | $475 | 51% | 4.7★ (65) | 0.4 mi | AirbnbVrboBooking |
Enchanted Memories-only a mile to Pigeon Forge! Cabin
| 5 bd · 4 ba · sleeps 12 | $83,397 | $404 | 57% | 4★ (17) | 0.4 mi | AirbnbVrbo |
Enchanted Memories, Hot Tub, FREE Attraction tickets, Theater Room, WIFI!!! Chalet | 5 bd · 4 ba · sleeps 12 | $100,004 | $449 | 61% | 2.2★ (2) | 0.4 mi | Booking |
5BD 4BA 1MI to parkway Hot Tub / Pool Table! Cabin
| 5 bd · 4 ba · sleeps 14 | $81,417 | $457 | 49% | 3.8★ (32) | 0.4 mi | AirbnbVrboBooking |
Unbeatable location!!! 5 bed/5 bath Luxury Cabin! Cabin | 5 bd · 5 ba · sleeps 12 | $47,159 | $676 | 19% | 4.5★ (2) | 0.5 mi | Delisted |
License To Chill | Inside Pigeon Forge City Limits Cabin
| 5 bd · 5 ba · sleeps 14 | $63,449 | $474 | 37% | 4.5★ (35) | 0.5 mi | AirbnbVrboBooking |
Charming Cabin in Pigeon Forge, For Unforgettable Group Glamping Escapes to Tennessee Cabin | 5 bd · 4 ba · sleeps 14 | $17,473 | $654 | 7% | — | 0.5 mi | Booking |
5 BR 4BA 1 Mi to Parkway Pool Table & Hot Tub Cabin
| 5 bd · 4 ba · sleeps 16 | $65,979 | $485 | 37% | 4.2★ (31) | 0.5 mi | AirbnbVrboBooking |
Indoor Pool Cabin | Game Room | Near Parkway | 18 Cabin
| 5 bd · 5 ba · sleeps 16 | $119,770 | $642 | 51% | 4.9★ (72) | 0.5 mi | AirbnbVrbo |
5BR 5BA 1 MI to Parkway Pool Table Access to Pool Cabin
| 5 bd · 5 ba · sleeps 14 | $107,503 | $497 | 59% | 4.8★ (37) | 0.5 mi | AirbnbVrboBooking |
Spacious 5BR Cabin · Hot Tub & Game Room Cabin
| 5 bd · 4 ba · sleeps 14 | $94,681 | $604 | 43% | 4.5★ (233) | 0.5 mi | AirbnbVrboBooking |
Step-Free Entry*Wheelchair-Access*5 Bedroom*HotTub Cabin
| 5 bd · 4 ba · sleeps 12 | $56,287 | $371 | 42% | 5★ (131) | 0.5 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
Rate 8.07% = 7.32% Freddie Mac 30-yr avg (Oct 22) + 0.75% investor premium
Est. revenue
$98,731
NOI
$56,760
Cash flow /mo
-$527
Cash needed
$307,710
Cash-on-cash
-2.1%
ROE (yr 1)
9.1%
Cap rate
6.0%
DSCR
0.90
Year-1 write-off
$215,604
Year-1 tax shield @ 32%
$68,993
Year-1 return on equity
- Cash flow (annual)-$6,328
- Principal paydown$5,864
- Appreciation at%$28,470
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)$19,746
- Platform fees (3% of revenue)$2,962
- Maintenance / capex (5% of revenue)$4,937
- Utilities & supplies$4,200
- HOA$1,200
- Property tax$3,232
- Insurance (STR-rated)$5,694
Cash needed to close
- Down payment (25%)$237,250
- Closing costs (4.0%)$37,960
- Furnishing (bought new)$32,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$68,993
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
$807,000
Short-life (5/15-yr)
$182,000 · 23%
Year-1 deduction
$216,000
Year-1 tax shield @ 32%
$69,000
Land 15% (market default, no usable tax-record split) · building $624,000 over 39 years · new furniture $33,000
Based on: 2,600 sq ft, built 2023, 5 bd / 5 ba, unfurnished, listing features (hot tub, deck, game room, fireplace, appliance list).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $130,000 in year 1 (12% short-life, $42,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $17,600
Kitchen cabinetsdefault
$11,500 new × 88% good × 1.74 allocation
- $14,400
Kitchen countertopsdefault
$9,400 new × 88% good × 1.74 allocation
- $7,000
Decorative trimdefault
$4,600 new × 88% good × 1.74 allocation
- $1,000
Mirrorsdefault
$800 new × 75% good × 1.74 allocation
- $2,800
Shelvingdefault
$1,800 new × 88% good × 1.74 allocation
- $7,900
Window coverings (26)default
$6,500 new × 70% good × 1.74 allocation
- $8,700
Carpet, vinyl & laminate (40% of floors)default
$6,700 new × 75% good × 1.74 allocation
- $14,600
Kitchen & laundry equipment plumbingdefault
$8,900 new × 94% good × 1.74 allocation
- $8,800
Kitchen, laundry & data equipment electricaldefault
$5,400 new × 94% good × 1.74 allocation
- $10,000
Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing
$7,700 new × 75% good × 1.74 allocation
- $10,900
Hot tub (freestanding)listing
$9,000 new × 70% good × 1.74 allocation
- $26,500
Furniture bought newlisting
$26,500 new × 100% good · bought separately
- $6,000
Game-room equipment bought newlisting
$6,000 new × 100% good · bought separately
- $16,200
Paving: driveway & walks (paved)default
$10,600 new × 88% good × 1.74 allocation
- $15,500
Landscaping (typical)default
$10,200 new × 88% good × 1.74 allocation
- $3,900
Patiosdefault
$2,600 new × 88% good × 1.74 allocation
- $43,200
Decks & porches (attached)listing
$29,300 new × 85% good × 1.74 allocation
- $464,400
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$281,500 new × 95% good × 1.74 allocation
- $47,800
Building plumbing & fixturesdefault
$29,300 new × 94% good × 1.74 allocation
- $49,300
Building electrical & lightingdefault
$30,200 new × 94% good × 1.74 allocation
- $43,200
HVACdefault
$29,300 new × 85% good × 1.74 allocation
- $15,300
Hardwood & tile floorsdefault
$10,000 new × 88% good × 1.74 allocation
- $4,000
Fireplacelisting
$2,600 new × 88% good × 1.74 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $136,100 | $78,800 | $700 | $215,600 |
| 2 | $0 | $0 | $16,000 | $16,000 |
| 3 | $0 | $0 | $16,000 | $16,000 |
| 4 | $0 | $0 | $16,000 | $16,000 |
| 5 | $0 | $0 | $16,000 | $16,000 |
| 6+ | $0 | $0 | $559,500 | $559,500 |
| Total | $136,100 | $78,800 | $624,200 | $839,100 |
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.