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1571 Rainbow Ridge Way

1571 Rainbow Ridge Way

Sevierville, TN 37862

$629,900

2 bd · 2.5 ba · 2,112 sqft · Listed 1d ago

View on Realtor.com →
Est. land %

Year built

2008

Sqft

2,112

Lot sqft

436

HOA / mo

$150

Furnished

No

List date

2026-10-26T18:01:54.000000Z

Revenue

Annual revenue

$52,418

ADR

$220

Occupancy

65%

Cleaning fees (12 mo)

$10,523

Confidence

Med (54.78), 50 comps

Comp revenue range (p25 / median / p75)

$30,580$52,074$62,638

Median revenue of shown comps: $53,035

  • Cabin Getaway: Location☆Views☆Hot Tub☆Game Room

    Cabin · 2 bd · 2 ba · sleeps 8 · 299 ft

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +6

    Revenue $51,364ADR $228Occ ≈ 62%4.8★ (453)

    Airbnb

  • True Log Cabin with Marvel Comic Arcade Game, Pool

    House · 2 bd · 2 ba · sleeps 6 · 453 ft

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +3

    Revenue $48,300ADR $228Occ ≈ 58%4★ (25)

    AirbnbVrbo

  • Mountain View | Hot Tub | Game Room | 3 Miles to D

    Cabin · 2 bd · 2 ba · sleeps 8 · 459 ft

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +6

    Revenue $8,823ADR $275Occ ≈ 9%4.9★ (8)

    AirbnbVrbo

  • Perfect Location! 2BR Escape! Hot Tub + Game Room

    Cabin · 2 bd · 2 ba · sleeps 8 · 459 ft

    Revenue $64,942ADR $249Occ ≈ 71%4.8★ (266)

    Airbnb

  • Hot tub, pool table cabin, no steep roads

    Cabin · 2 bd · 2 ba · sleeps 6 · 518 ft

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $48,931ADR $239Occ ≈ 56%4.8★ (32)

    AirbnbVrboBooking

  • Smokies Outlook by Avada Properties

    Vacation home · 2 bd · 2 ba · sleeps 6 · 0.1 mi

    Revenue $58,394ADR $207Occ ≈ 77%4.2★ (6)

    Booking

  • Spacious 2 BR w/Hot Tub | Pool Table | Wi-Fi

    Cabin · 2 bd · 2.5 ba · sleeps 8 · 0.1 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +6

    Revenue $60,988ADR $245Occ ≈ 68%4.8★ (168)

    AirbnbVrboBooking

  • Home Sweet Hideaway Retreat Near Pigeon Forge

    Vacation home · 2 bd · 2 ba · sleeps 8 · 0.1 mi

    Revenue $69,916ADR $242Occ ≈ 79%3.9★ (3)

    Booking

  • Log Cabin w/ Hot Tub, Pool Table & 2 Jacuzzis

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.1 mi

    Revenue $58,691ADR $226Occ ≈ 71%4.8★ (199)

    Airbnb

  • Hot Tub ~ Pet Friendly ~ Game Rm ~ Dollywood!

    Cabin · 2 bd · 2.5 ba · sleeps 8 · 0.1 mi

    Revenue $26,060ADR $268Occ ≈ 27%5★ (169)

    Airbnb

Show 34 more
  • Luxury Cabin Retreat • Hot Tub • Near Dollywood

    Cabin · 2 bd · 2.5 ba · sleeps 8 · 0.1 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +3

    Revenue $35,064ADR $247Occ ≈ 39%5★ (14)

    AirbnbVrbo

  • Reflections, $560 FREE tickets each paid day

    Cabin · 2 bd · 2.5 ba · sleeps 6 · 0.2 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $58,284ADR $245Occ ≈ 65%4.8★ (65)

    AirbnbVrboBooking

  • Smoky Mountain Playhouse-Close to Tanger Outlets

    Cabin · 2 bd · 2 ba · sleeps 8 · 0.2 mi

    Revenue $55,146ADR $274Occ ≈ 55%4.5★ (4)

    Airbnb

  • Dollywood Tix | Sleeps 6 | Hot Tub, Mountain View

    Cabin · 2 bd · 2.5 ba · sleeps 6 · 0.2 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $50,909ADR $224Occ ≈ 62%4.8★ (73)

    AirbnbVrbo

  • Enchanted Forest Hideaway by Ghosal Luxury

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.2 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +7

    Revenue $81,765ADR $352Occ ≈ 64%4.9★ (43)

    AirbnbVrboBooking

  • Game Room, Jacuzzi Tub & Smoky Mtn Views!

    Cabin · 2 bd · 2.5 ba · sleeps 8 · 0.2 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +5

    Revenue $63,188ADR $243Occ ≈ 71%4.8★ (137)

    AirbnbVrbo

  • A Beary Nice Cabin by American Patriot Getaways

    Vacation home · 2 bd · 2 ba · sleeps 8 · 0.2 mi

    Revenue $57,564ADR $311Occ ≈ 51%5★ (1)

    Booking

  • Hot Tub | Sleeps 8 • Game Rm • Pets Y • Dollywood!

    Cabin · 2 bd · 2.5 ba · sleeps 8 · 0.2 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $46,308ADR $244Occ ≈ 52%5★ (36)

    Airbnb

  • 5 min from *Dollywood *PS4*Cinema Room* Hot Tub*

    House · 2 bd · 2.5 ba · sleeps 8 · 0.2 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +3

    Revenue $92,208ADR $386Occ ≈ 65%4.5★ (31)

    AirbnbVrboBooking

  • 10 min to Dollywood*14 ft swim spa *PS4*Cinema*

    Cabin · 2 bd · 2.5 ba · sleeps 8 · 0.2 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $56,947ADR $242Occ ≈ 64%4.8★ (67)

    Airbnb

  • Rustic Mountain Retreat by Ghosal Luxury Lodging

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.2 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +7

    Revenue $89,648ADR $361Occ ≈ 68%4.5★ (89)

    AirbnbVrboBooking

  • Fall Vacation Available!-Indoor Jacuzzi-w/Outdoor Hot Tub & Arcade Game

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.2 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +5

    Revenue $30,966ADR $298Occ ≈ 28%4.5★ (7)

    Vrbo

  • Hot Tub & Play Tent | Near Dollywood

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.3 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +6

    Revenue $8,789ADR $191Occ ≈ 13%5★ (7)

    AirbnbVrbo

  • Dollywood 3mi*Pkwy 1mi*Resort Pool*Hot tub*Arcades

    Cabin · 2 bd · 2 ba · sleeps 5 · 0.3 mi

    Revenue $68,203ADR $295Occ ≈ 63%5★ (9)

    Airbnb

  • Book for Fall Now-Fireplace&Hot Tub-Arcade For Fun

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.3 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +7

    Revenue $27,295ADR $270Occ ≈ 28%5★ (17)

    AirbnbVrboBooking

  • Swept Away by American Patriot Getaways

    Vacation home · 2 bd · 2 ba · sleeps 4 · 0.3 mi

    Revenue $63,619ADR $253Occ ≈ 69%—

    Booking

  • A Mountain Paradise | Hot Tub, Community Pool

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.3 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +6

    Revenue $53,286ADR $270Occ ≈ 54%4.3★ (79)

    AirbnbVrboBooking

  • 3 Mi to Dollywood: Hot Tub Hideaway in Smoky Mtns

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.3 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +5

    Revenue $55,362ADR $219Occ ≈ 69%4.8★ (240)

    AirbnbVrboBooking

  • Two Master Suites! Near Dollywood, Close to the pa

    House · 2 bd · 2 ba · sleeps 6 · 0.3 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $44,725ADR $227Occ ≈ 54%4.3★ (25)

    AirbnbVrboBooking

  • No Steep Roads & Dynamite location! 2 miles from Parkway & 5 miles to Dollywood.

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.3 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +5

    Revenue $52,783ADR $243Occ ≈ 60%4.9★ (269)

    Vrbo

  • "Poolside Cabin" 2 Bedroom Cabin

    House · 2 bd · 2 ba · sleeps 4 · 0.4 mi

    Revenue $30,746ADR $231Occ ≈ 36%3★ (1)

    Delisted

  • Club Wyndham Smoky Mountains 2 BR Deluxe Villa!

    Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 0.4 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +3

    Revenue $71,402ADR $264Occ ≈ 74%4.3★ (7)

    AirbnbVrbo

  • Smoky Mountains Resort, Sevierville TN-2 Bd Dlx

    Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 0.4 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +4

    Revenue $18,917ADR $299Occ ≈ 17%—

    Airbnb

  • 2 Bedroom. Smoky Mountain Resort. TN!

    Condominium (condo) · 2 bd · 2 ba · sleeps 8 · 0.4 mi

    Revenue $64,099ADR $449Occ ≈ 39%4.3★ (3)

    Delisted

  • 2 bdrm suite, Smoky Mountains TN

    Apartment · 2 bd · 2 ba · sleeps 8 · 0.4 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +5

    Revenue $79,109ADR $317Occ ≈ 68%4.8★ (4)

    AirbnbVrbo

  • Smoky Mountains Resort 2BR Deluxe

    Condominium (condo) · 2 bd · 2 ba · sleeps 8 · 0.4 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +3

    Revenue $3,916ADR $209Occ ≈ 5%4.5★ (4)

    Airbnb

  • Mini Golf- 2BR Condo- Resort @ C.W. Smoky Mountain

    Condominium (condo) · 2 bd · 2 ba · sleeps 8 · 0.4 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +3

    Revenue $57,148ADR $214Occ ≈ 73%4.8★ (11)

    AirbnbVrbo

  • Smoky Mountains Resort 2 Bedroom

    Apartment · 2 bd · 2 ba · sleeps 8 · 0.4 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +4

    Revenue $30,525ADR $249Occ ≈ 34%5★ (1)

    AirbnbVrbo

  • Not Just A 2 Bedroom, A Full Resort!

    Apartment · 2 bd · 2 ba · sleeps 6 · 0.4 mi

    Revenue $46,333ADR $177Occ ≈ 72%5★ (3)

    Airbnb

  • Wyndham Smoky Mountains-2 Bdrm

    Condominium (condo) · 2 bd · 2 ba · sleeps 8 · 0.4 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +3

    Revenue $24,068ADR $267Occ ≈ 25%5★ (5)

    Airbnb

  • Smoky Mountains Resort 2 Bedroom

    Apartment · 2 bd · 2 ba · sleeps 6 · 0.4 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +4

    Revenue $39,846ADR $189Occ ≈ 58%—

    Airbnb

  • Southern Spirit in the Smokies! 2 Bedroom - 2 Bath

    Condominium (condo) · 2 bd · 2 ba · sleeps 8 · 0.4 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +3

    Revenue $75,146ADR $231Occ ≈ 89%4.8★ (13)

    AirbnbVrboBooking

  • 2 Bedroom Condo at Smoky Mountains

    Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 0.4 mi

    Revenue $23,535ADR $305Occ ≈ 21%4★ (7)

    Delisted

  • 2 Br Deluxe - Wyndham Smoky Mountains

    Condominium (condo) · 2 bd · 2 ba · sleeps 8 · 0.4 mi

    Revenue $10,343ADR $0Occ ≈ —4★ (1)

    Delisted

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

Financing
Management

Est. revenue

$52,418

NOI

$25,693

Cash flow /mo

$2,141

Cash needed

$677,096

Cash-on-cash (all cash)

3.8%

ROE (yr 1)

6.6%

Cap rate

4.1%

DSCR

—

Year-1 write-off

$126,131

Year-1 tax shield @ 32%

$40,362

Year-1 return on equity

  • Cash flow (annual)$25,693
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$18,897
ROE6.6%

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)$10,484
  • Platform fees (3% of revenue)$1,573
  • Maintenance / capex (5% of revenue)$2,621
  • Utilities & supplies$4,200
  • HOA$1,800
  • Property tax$2,269
  • Insurance (STR-rated)$3,779

Cash needed to close

  • Purchase price (all cash)$629,900
  • Closing costs (4.0%)$25,196
  • Furnishing (bought new)$22,000

Tax savings if the STR loophole applies

  • Tax shield @ 32%$40,362

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

$535,000

Short-life (5/15-yr)

$104,000 · 19%

Year-1 deduction

$126,000

Year-1 tax shield @ 32%

$40,000

Land 15% (market default, no usable tax-record split) · building $432,000 over 39 years · new furniture $22,000

Based on: 2,112 sq ft, built 2008, 2 bd / 2.5 ba, unfurnished, listing features (hot tub, deck, game room, fireplace, stone counters, flooring types, appliance list).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $80,000 in year 1 (11% short-life, $26,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$79,300
  • Kitchen cabinetsdefault

    $10,400 new × 40% good × 2.08 allocation

    $8,700
  • Kitchen countertops (stone)listing

    $10,700 new × 40% good × 2.08 allocation

    $8,900
  • Decorative trimdefault

    $3,700 new × 40% good × 2.08 allocation

    $3,100
  • Mirrorsdefault

    $300 new × 40% good × 2.08 allocation

    $200
  • Shelvingdefault

    $900 new × 40% good × 2.08 allocation

    $700
  • Window coverings (21)default

    $5,300 new × 40% good × 2.08 allocation

    $4,400
  • Kitchen & laundry equipment plumbingdefault

    $8,100 new × 64% good × 2.08 allocation

    $10,800
  • Kitchen, laundry & data equipment electricaldefault

    $4,900 new × 64% good × 2.08 allocation

    $6,500
  • Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing

    $7,700 new × 40% good × 2.08 allocation

    $6,400
  • Hot tub (freestanding)listing

    $9,000 new × 40% good × 2.08 allocation

    $7,500
  • Furniture bought newlisting

    $16,000 new × 100% good · bought separately

    $16,000
  • Game-room equipment bought newlisting

    $6,000 new × 100% good · bought separately

    $6,000
15-year land improvements$46,400
  • Paving: driveway & walks (paved)default

    $9,500 new × 50% good × 2.08 allocation

    $9,900
  • Landscaping (typical)default

    $9,200 new × 50% good × 2.08 allocation

    $9,500
  • Patiosdefault

    $2,100 new × 50% good × 2.08 allocation

    $2,200
  • Decks & porches (attached)listing

    $23,800 new × 50% good × 2.08 allocation

    $24,700
Building, 39-year$431,700
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $229,600 new × 70% good × 2.08 allocation

    $334,700
  • Building plumbing & fixturesdefault

    $23,800 new × 64% good × 2.08 allocation

    $31,700
  • Building electrical & lightingdefault

    $24,000 new × 64% good × 2.08 allocation

    $32,000
  • HVACdefault

    $23,800 new × 40% good × 2.08 allocation

    $19,800
  • Hardwood & tile floorsdefault

    $13,600 new × 40% good × 2.08 allocation

    $11,300
  • Fireplacelisting

    $2,600 new × 40% good × 2.08 allocation

    $2,200

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$79,300$46,400$500$126,100
2$0$0$11,100$11,100
3$0$0$11,100$11,100
4$0$0$11,100$11,100
5$0$0$11,100$11,100
6+$0$0$387,000$387,000
Total$79,300$46,400$431,700$557,400

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.