3420 No Business Way
Sevierville, TN 37876
$749,000
3 bd · 3 ba · 2,043 sqft · Listed 1d ago
View on Realtor.com →Year built
2003
Sqft
2,043
Lot sqft
42,253
HOA / mo
None
Furnished
No
List date
2026-10-17T16:09:24.000000Z
Revenue
Annual revenue
$59,640
ADR
$265
Occupancy
62%
Cleaning fees (12 mo)
$10,461
Confidence
Med (55.07), 36 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $53,194
A Very Beary Welcome By Avada Properties
Vacation home · 3 bd · 3 ba · sleeps 8 · 0.2 mi
Revenue $39,311ADR $220Occ ≈ 49%4.7★ (3)
Smoky Mt 144-10/10reviews on VRBO
Cabin · 3 bd · 3 ba · sleeps 8 · 0.2 mi
Revenue $26,668ADR $282Occ ≈ 26%5★ (1)
Ever: King|HotTub|LgDeck|Kit|Wash+Dry|PF+GatClose!
Cabin · 3 bd · 2 ba · sleeps 8 · 0.3 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +4
Revenue $67,004ADR $239Occ ≈ 77%4.8★ (80)
Dreamers Cabin with Hot Tub and Oversized Deck
Cabin · 3 bd · 2 ba · sleeps 10 · 0.3 mi
Revenue $11,658ADR $454Occ ≈ 7%4.7★ (30)
Delisted
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Heated Pool with Views! Huge deck! Private! Cabin
| 3 bd · 2.5 ba · sleeps 10 | $91,018 | $353 | 71% | 4.5★ (144) | 249 ft | AirbnbVrbo |
Great Area Cabin | No Steep Mountain Roads Cabin
| 3 bd · 2 ba · sleeps 8 | $39,040 | $253 | 42% | 4.8★ (5) | 0.1 mi | AirbnbVrbo |
*Relaxing 3BD Cabin w/ HOT TUB! Fire Pit + Games!* Cabin
| 3 bd · 3 ba · sleeps 8 | $40,851 | $236 | 47% | 4.8★ (56) | 0.2 mi | AirbnbVrbo |
A Very Beary Welcome By Avada Properties Vacation home | 3 bd · 3 ba · sleeps 8 | $39,311 | $220 | 49% | 4.7★ (3) | 0.2 mi | Booking |
Smoky Mt 144-10/10reviews on VRBO Cabin | 3 bd · 3 ba · sleeps 8 | $26,668 | $282 | 26% | 5★ (1) | 0.2 mi | Airbnb |
GreatDeck/Discount/Halloween/Veteran Day/Log Cabin Cabin | 3 bd · 3 ba · sleeps 6 | $38,445 | $255 | 41% | 5★ (174) | 0.2 mi | AirbnbVrbo |
Ever: King|HotTub|LgDeck|Kit|Wash+Dry|PF+GatClose! Cabin
| 3 bd · 2 ba · sleeps 8 | $67,004 | $239 | 77% | 4.8★ (80) | 0.3 mi | Airbnb |
*Cozy 2BD+LOFT w/ Hot Tub! Jacuzzis + Fire Pits* Cabin | 3 bd · 3 ba · sleeps 8 | $63,663 | $263 | 66% | 4★ (1) | 0.3 mi | AirbnbVrbo |
Beautiful & Cozy Cabin +Fire Pit Cabin
| 3 bd · 3 ba · sleeps 6 | $60,977 | $277 | 60% | 5★ (203) | 0.3 mi | AirbnbVrbo |
Dreamers Cabin with Hot Tub and Oversized Deck Cabin | 3 bd · 2 ba · sleeps 10 | $11,658 | $454 | 7% | 4.7★ (30) | 0.3 mi | Delisted |
Show 21 more
Star: King|HotTub|LgDeck|Kit|Wash+Dry|PF+GatClose!
House · 3 bd · 2 ba · sleeps 8 · 0.3 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +4
Revenue $53,194ADR $248Occ ≈ 59%4.8★ (29)
Time Stands Still: Theater, Hot Tub, Pool Table
Cabin · 3 bd · 3 ba · sleeps 8 · 0.4 mi
Revenue $79,264ADR $325Occ ≈ 67%4.6★ (80)
Made In The Shade by American Patriot Getaways
Vacation home · 3 bd · 2 ba · sleeps 6 · 0.6 mi
Revenue $68,718ADR $259Occ ≈ 73%—
A Getaway With A View by American Patriot Getaways
Vacation home · 3 bd · 2 ba · sleeps 6 · 0.6 mi
Revenue $59,547ADR $248Occ ≈ 66%—
BlckBrryHill: HotTub*Wifi*Yard*Games* Secluded
Cabin · 3 bd · 2 ba · sleeps 8 · 0.6 mi
Revenue $63,498ADR $353Occ ≈ 49%4.5★ (19)
Quiet, Forest View! Close to everything, 3 King BR
Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.7 mi
Revenue $59,468ADR $417Occ ≈ 39%5★ (108)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Star: King|HotTub|LgDeck|Kit|Wash+Dry|PF+GatClose! House
| 3 bd · 2 ba · sleeps 8 | $53,194 | $248 | 59% | 4.8★ (29) | 0.3 mi | Airbnb |
20min to Dollywood-peaceful 3BD home/ private area House
| 3 bd · 2 ba · sleeps 8 | $37,669 | $212 | 49% | 4.9★ (49) | 0.3 mi | AirbnbVrbo |
3 BR cabin with hot tub, fire pit & game room Cabin | 3 bd · 2 ba · sleeps 8 | $45,316 | $350 | 35% | 5★ (4) | 0.4 mi | AirbnbVrboBooking |
Time Stands Still: Theater, Hot Tub, Pool Table Cabin | 3 bd · 3 ba · sleeps 8 | $79,264 | $325 | 67% | 4.6★ (80) | 0.4 mi | Vrbo |
Affordable Family Retreat + Free Attractions Cabin | 3 bd · 2 ba · sleeps 8 | $28,148 | $193 | 40% | 4.6★ (60) | 0.4 mi | AirbnbVrbo |
Big Foot Bungalow Chalet | 3 bd · 2 ba · sleeps 8 | $30,779 | $190 | 44% | — | 0.4 mi | Booking |
Serene Cabin, Sleeps 8, Hot Tub, Fire Pit, Game Ro Cabin | 3 bd · 2 ba · sleeps 8 | $17,874 | $203 | 24% | 4.4★ (8) | 0.4 mi | AirbnbVrboBooking |
The Woodshop Cabin on The Hills Cabin
| 3 bd · 2 ba · sleeps 10 | $39,219 | $328 | 33% | 5★ (19) | 0.4 mi | AirbnbVrbo |
Time Stands Still: Theater, Hot Tub, Pool Table Cabin | 3 bd · 3 ba · sleeps 8 | $107,732 | $440 | 67% | 4.5★ (234) | 0.5 mi | AirbnbVrboBooking |
Family Cabin Near Pigeon Forge | Hot Tub + 2 Kings Cabin | 3 bd · 2.5 ba · sleeps 10 | $63,767 | $297 | 59% | 5★ (225) | 0.5 mi | AirbnbVrboBooking |
Splish-N-Splash | By Bear Camp Cabin | 3 bd · 3.5 ba · sleeps 8 | $108,059 | $462 | 64% | 4.5★ (40) | 0.5 mi | AirbnbVrboBooking |
Beautiful 3BD Cabin Near TOWN! Hot Tub + Fire Pit! Cabin
| 3 bd · 2 ba · sleeps 10 | $57,857 | $244 | 65% | 4.8★ (62) | 0.5 mi | AirbnbVrbo |
Made In The Shade by American Patriot Getaways Vacation home | 3 bd · 2 ba · sleeps 6 | $68,718 | $259 | 73% | — | 0.6 mi | Booking |
A Getaway With A View by American Patriot Getaways Vacation home | 3 bd · 2 ba · sleeps 6 | $59,547 | $248 | 66% | — | 0.6 mi | Booking |
Amazing Wild Escape!-3Full Baths,Game,Hot Tub,Pets Cabin | 3 bd · 3 ba · sleeps 8 | $49,219 | $285 | 47% | 4.9★ (96) | 0.6 mi | AirbnbVrbo |
Huge Deck•Hot Tub•PoolTable•Arcade•Toys•FencedYard Cabin | 3 bd · 2 ba · sleeps 8 | $95,193 | $384 | 68% | 4.9★ (334) | 0.6 mi | AirbnbVrbo |
BlckBrryHill: HotTub*Wifi*Yard*Games* Secluded Cabin | 3 bd · 2 ba · sleeps 8 | $63,498 | $353 | 49% | 4.5★ (19) | 0.6 mi | Airbnb |
Cozy Sevierville Cabin with Hot Tub and Pool Table Cabin
| 3 bd · 2 ba · sleeps 8 | $41,132 | $268 | 42% | 4.5★ (23) | 0.7 mi | AirbnbVrboBooking |
Secluded Cabin - Hot Tub, Wi-Fi, Arcade, King BRs Cabin
| 3 bd · 2.5 ba · sleeps 8 | $97,691 | $356 | 75% | 5★ (49) | 0.7 mi | AirbnbVrboBooking |
Countryside in Country Pines Cabin | 3 bd · 3 ba · sleeps 8 | $38,110 | $212 | 49% | 4.7★ (107) | 0.7 mi | AirbnbVrboBooking |
Quiet, Forest View! Close to everything, 3 King BR Cabin | 3 bd · 2.5 ba · sleeps 8 | $59,468 | $417 | 39% | 5★ (108) | 0.7 mi | Airbnb |
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
$59,640
NOI
$31,693
Cash flow /mo
-$1,540
Cash needed
$236,710
Cash-on-cash
-7.8%
ROE (yr 1)
3.6%
Cap rate
4.2%
DSCR
0.63
Year-1 write-off
$147,445
Year-1 tax shield @ 32%
$47,182
Year-1 return on equity
- Cash flow (annual)-$18,477
- Principal paydown$4,555
- Appreciation at%$22,470
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)$11,928
- Platform fees (3% of revenue)$1,789
- Maintenance / capex (5% of revenue)$2,982
- Utilities & supplies$4,200
- HOA$0
- Property tax$2,554
- Insurance (STR-rated)$4,494
Cash needed to close
- Down payment (25%)$187,250
- Closing costs (4.0%)$29,960
- Furnishing (bought new)$19,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$47,182
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
$637,000
Short-life (5/15-yr)
$127,000 · 20%
Year-1 deduction
$147,000
Year-1 tax shield @ 32%
$47,000
Land 15% (market default, no usable tax-record split) · building $509,000 over 39 years · new furniture $20,000
Based on: 2,043 sq ft, built 2003, 3 bd / 3 ba, unfurnished, listing features (hot tub, deck, fireplace, flooring types, appliance list, septic).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $89,000 in year 1 (11% short-life, $29,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $11,400
Kitchen cabinetsdefault
$10,300 new × 40% good × 2.77 allocation
- $9,300
Kitchen countertopsdefault
$8,400 new × 40% good × 2.77 allocation
- $4,000
Decorative trimdefault
$3,600 new × 40% good × 2.77 allocation
- $500
Mirrorsdefault
$500 new × 40% good × 2.77 allocation
- $1,300
Shelvingdefault
$1,200 new × 40% good × 2.77 allocation
- $5,500
Window coverings (20)default
$5,000 new × 40% good × 2.77 allocation
- $11,900
Kitchen & laundry equipment plumbingdefault
$8,000 new × 54% good × 2.77 allocation
- $7,200
Kitchen, laundry & data equipment electricaldefault
$4,800 new × 54% good × 2.77 allocation
- $6,300
Appliances (range, microwave, dishwasher, refrigerator)listing
$5,700 new × 40% good × 2.77 allocation
- $10,000
Hot tub (freestanding)listing
$9,000 new × 40% good × 2.77 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $13,000
Paving: driveway & walks (paved)default
$9,400 new × 50% good × 2.77 allocation
- $12,500
Landscaping (typical)default
$9,000 new × 50% good × 2.77 allocation
- $2,800
Patiosdefault
$2,000 new × 50% good × 2.77 allocation
- $31,800
Decks & porches (attached)listing
$23,000 new × 50% good × 2.77 allocation
- $377,900
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$221,600 new × 62% good × 2.77 allocation
- $34,300
Building plumbing & fixturesdefault
$23,000 new × 54% good × 2.77 allocation
- $34,600
Building electrical & lightingdefault
$23,200 new × 54% good × 2.77 allocation
- $25,500
HVACdefault
$23,000 new × 40% good × 2.77 allocation
- $14,500
Hardwood & tile floorsdefault
$13,100 new × 40% good × 2.77 allocation
- $5,800
Fireplaces (2)listing
$5,300 new × 40% good × 2.77 allocation
- $16,600
Septic systemlisting
$12,000 new × 50% good × 2.77 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $86,900 | $60,000 | $500 | $147,400 |
| 2 | $0 | $0 | $13,100 | $13,100 |
| 3 | $0 | $0 | $13,100 | $13,100 |
| 4 | $0 | $0 | $13,100 | $13,100 |
| 5 | $0 | $0 | $13,100 | $13,100 |
| 6+ | $0 | $0 | $456,500 | $456,500 |
| Total | $86,900 | $60,000 | $509,200 | $656,100 |
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.