STR Yield
← Back to deals

Rate 7.93% = 7.18% Freddie Mac 30-yr avg (Nov 5) + 0.75% investor premium

1549 Sky View Dr

1549 Sky View Dr

Sevierville, TN 37876

$729,900

2 bd · 2.5 ba · 1,968 sqft · Listed 8d ago

View on Realtor.com →
Est. land %Negative cash flow

Year built

2026

Sqft

1,968

Lot sqft

15,246

HOA / mo

$28

Furnished

No

List date

2026-11-04T17:43:57.000000Z

Revenue

Annual revenue

$59,916

ADR

$231

Occupancy

71%

Cleaning fees (12 mo)

$11,803

Confidence

Low (48.1), 50 comps

Comp revenue range (p25 / median / p75)

$28,070$49,014$64,977

Median revenue of shown comps: $49,014

  • Whisper Ridge - Game Room, Hot Tub

    Cabin · 2 bd · 2 ba · sleeps 6 · 105 ft

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

    Revenue $58,871ADR $275Occ ≈ 59%4.7★ (60)

    AirbnbVrboBooking

  • Close to EVERYTHlNG! •Hot Tub •Game Room •Arcade

    Cabin · 2 bd · 2 ba · sleeps 6 · 112 ft

    Revenue $63,323ADR $298Occ ≈ 58%5★ (19)

    Airbnb

  • Whisper Ridge - Game Room, Hot Tub!

    Cabin · 2 bd · 2 ba · sleeps 6 · 115 ft

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

    Revenue $6,245ADR $201Occ ≈ 9%—

    Vrbo

  • Custom A-Frame / Great Location / King Beds

    Cabin · 2 bd · 2 ba · sleeps 6 · 125 ft

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

    Revenue $119,562ADR $386Occ ≈ 85%5★ (144)

    AirbnbVrbo

  • Cozy Cabin Hideaway-Near Gatlinburg, Pigeon Forge, & Dollywood-Hot Tub, Sauna, & Pool table

    Vacation home · 2 bd · 2 ba · sleeps 6 · 289 ft

    Revenue $21,280ADR $172Occ ≈ 34%—

    Booking

  • Central & Cozy • 4mi Pigeon Forge | 6mi Gatlinburg

    Cabin · 2 bd · 2 ba · sleeps 6 · 312 ft

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +2

    Revenue $72,822ADR $238Occ ≈ 84%4.9★ (57)

    AirbnbVrbo

  • Modern Mountain Cabin: Hot Tub, Infrared Sauna, EV

    Cabin · 2 bd · 2 ba · sleeps 6 · 374 ft

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

    Revenue $25,273ADR $310Occ ≈ 22%5★ (17)

    AirbnbVrbo

  • Cozy Cabin w/ Hot Tub, Sauna, Pool Tbl, Arcade, EV

    Cabin · 2 bd · 2 ba · sleeps 8 · 410 ft

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

    Revenue $44,690ADR $237Occ ≈ 52%4.8★ (116)

    AirbnbVrboBooking

  • Cozy Scenic Cabin• Family Fun• Hottub• Game Rm• EV

    Cabin · 2 bd · 2 ba · sleeps 8 · 423 ft

    Revenue $19,500ADR $254Occ ≈ 21%—

    Delisted

  • Covered Porch Retreat | Hot Tub | Fire Table

    Cabin · 2 bd · 2 ba · sleeps 6 · 440 ft

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

    Revenue $48,048ADR $214Occ ≈ 62%5★ (177)

    AirbnbVrbo

Show 38 more
  • New Build~Hot Tub~Mntn & Sunset View~2 bed/2 bath

    Cabin · 2 bd · 2 ba · sleeps 6 · 479 ft

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

    Revenue $54,781ADR $246Occ ≈ 61%5★ (59)

    AirbnbVrbo

  • Prime location-3 levels*hot tub*game&theater room

    Cabin · 2 bd · 2.5 ba · sleeps 8 · 515 ft

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

    Revenue $19,713ADR $207Occ ≈ 26%4.9★ (84)

    AirbnbVrbo

  • Romantic | Theater | Sauna | Hot Tub | Arcade

    Cabin · 2 bd · 2 ba · sleeps 8 · 515 ft

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

    Revenue $102,903ADR $298Occ ≈ 95%4.9★ (277)

    AirbnbVrbo

  • Mountain Charm Meets Modern Comfort - Whisper

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

    Revenue $65,143ADR $254Occ ≈ 70%5★ (19)

    Airbnb

  • Shuffle board table, hot tub, outdoor firepit!

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

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

    Revenue $56,757ADR $320Occ ≈ 49%4.9★ (41)

    AirbnbVrbo

  • Brand New Deck! Hot Tub! Conv Location! Pool Table

    Cabin · 2 bd · 3 ba · sleeps 6 · 0.1 mi

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

    Revenue $60,859ADR $238Occ ≈ 70%5★ (295)

    AirbnbVrbo

  • Perfect location between Gatlinburg, Pigeon Forge, and the Great Smoky Mountains

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

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

    Revenue $38,609ADR $242Occ ≈ 44%5★ (247)

    Vrbo

  • Great Location Right off the Parkway But Secluded

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

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

    Revenue $79,268ADR $370Occ ≈ 59%4.8★ (22)

    AirbnbVrbo

  • Log Cabin-Hot tub BTW Pigeon Forge & Gatlinburg

    Cabin · 2 bd · 1.5 ba · sleeps 4 · 0.1 mi

    Revenue $8,656ADR $203Occ ≈ 12%5★ (508)

    Airbnb

  • Eagle's Sky View | Peaceful, Cozy with Hot Tub!

    Cabin · 2 bd · 1.5 ba · sleeps 6 · 0.1 mi

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

    Revenue $30,681ADR $178Occ ≈ 47%4.8★ (24)

    AirbnbVrboBooking

  • Mountain Woods, Game Room, Hot Tub, Workout Area

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

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

    Revenue $87,594ADR $261Occ ≈ 92%4.9★ (190)

    AirbnbVrbo

  • Hot Tub! Theater Room! Location!

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

    Revenue $34,954ADR $228Occ ≈ 42%4.8★ (240)

    Airbnb

  • Cabin Near Dollywood-Hot Tub, Arcade, Pool table

    Cabin · 2 bd · 2 ba · sleeps 7 · 0.1 mi

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

    Revenue $54,257ADR $226Occ ≈ 66%4.6★ (159)

    AirbnbVrbo

  • 2 Master Suites~Pool Table~Hot Tub~WiFi~Fireplace

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

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

    Revenue $27,199ADR $232Occ ≈ 32%3.5★ (7)

    AirbnbVrboBooking

  • Screened Porch Retreat • Hot Tub • Fire Pit

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

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

    Revenue $71,986ADR $238Occ ≈ 83%5★ (203)

    AirbnbVrboBooking

  • Tranquil 2BR Mtn View | Free Attraction Tickets

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

    Revenue $25,079ADR $231Occ ≈ 30%4.4★ (140)

    AirbnbBooking

  • 5 O'Clock Somewhere- Free Attraction Tickets!

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

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

    Revenue $57,167ADR $264Occ ≈ 59%4.8★ (51)

    AirbnbVrboBooking

  • Luxury Cabin Hot Tub · Sauna · Bowling · Treehouse

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

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

    Revenue $77,414ADR $280Occ ≈ 76%5★ (63)

    AirbnbVrbo

  • Fire Pit, Mini Golf, Hot Tub, Views, 350MB+ WIFI

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

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

    Revenue $75,882ADR $277Occ ≈ 75%5★ (272)

    AirbnbVrbo

  • Tranquil Cabin, Sleeps 8, Screened Porch, Firepit

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

    Revenue $15,735ADR $223Occ ≈ 19%2.9★ (3)

    AirbnbBooking

  • Dog-friendly with hot tub and mountain view!

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

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

    Revenue $85,099ADR $364Occ ≈ 64%4.5★ (14)

    AirbnbVrbo

  • Private Hot Tub • Minutes to Pigeon Forge & Gatlin

    House · 2 bd · 1.5 ba · sleeps 4 · 0.2 mi

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

    Revenue $10,710ADR $222Occ ≈ 13%4.9★ (8)

    AirbnbVrbo

  • Cozy Bear Lodge By Avada Properties

    Vacation home · 2 bd · 2 ba · sleeps 6 · 0.2 mi

    Revenue $64,477ADR $210Occ ≈ 84%—

    Booking

  • Pet friendly, newly renovated home with hot tub!

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.2 mi

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

    Revenue $87,428ADR $348Occ ≈ 69%4.6★ (54)

    AirbnbVrbo

  • BlueDaisy/BrandNewLuxuryCabin

    House · 2 bd · 1.5 ba · sleeps 7 · 0.2 mi

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

    Revenue $59,602ADR $301Occ ≈ 54%5★ (123)

    AirbnbVrbo

  • Smoky Mountain Retreat! Hot Tub, Loft & Cozy Nook

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

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

    Revenue $45,254ADR $213Occ ≈ 58%5★ (44)

    AirbnbVrboBooking

  • G-Pa's Smoky Mountain Retreat.Remodeled & Upgraded

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

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +2

    Revenue $53,769ADR $196Occ ≈ 75%4.9★ (333)

    AirbnbVrbo

  • MTN Daisy Cabin | HotTub & FirePit + Pets Welcome!

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

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

    Revenue $49,980ADR $270Occ ≈ 51%4.8★ (124)

    AirbnbVrbo

  • New 2026 Secluded Cabin • Hot Tub • Mtn Views

    Cabin · 2 bd · 1.5 ba · sleeps 6 · 0.2 mi

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

    Revenue $34,116ADR $279Occ ≈ 34%5★ (28)

    Airbnb

  • Pet friendly, newly renovated home with hot tub! Sleeps 4!

    Chalet · 2 bd · 2 ba · sleeps 4 · 0.2 mi

    Revenue $42,732ADR $175Occ ≈ 67%—

    Booking

  • Perfect Location! Hot Tub-Game Room-Bear Sightings

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

    Revenue $31,514ADR $464Occ ≈ 19%5★ (3)

    Delisted

  • Charming Log Cabin

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

    Revenue $21,081ADR $282Occ ≈ 20%4.5★ (7)

    Airbnb

  • Kalani on the Creek | Smoky Mountain Spa Retreat

    Cabin · 2 bd · 1.5 ba · sleeps 6 · 0.2 mi

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

    Revenue $20,124ADR $266Occ ≈ 21%5★ (15)

    AirbnbVrbo

  • Cozy, Serene Forest Escape Near Dollywood

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

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

    Revenue $45,871ADR $188Occ ≈ 67%5★ (269)

    Airbnb

  • Moonlit Pines - Mountains Against The Moonlight

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

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

    Revenue $62,458ADR $277Occ ≈ 62%5★ (4)

    AirbnbVrbo

  • Fall True log cabin Mins to Smokies & hot tub

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

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

    Revenue $35,276ADR $252Occ ≈ 38%5★ (395)

    AirbnbVrbo

  • Free Tickets | Private Balcony, Grill, Game Room

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

    • Hot tub
    • A/C
    • Wifi
    • Kitchen
    • +4

    Revenue $80,376ADR $370Occ ≈ 60%4.8★ (128)

    AirbnbVrbo

  • Guest Favorite. 15 min from Gatlinburg & PF

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

    • A/C
    • Free parking
    • Kitchen
    • Washer
    • +1

    Revenue $21,553ADR $190Occ ≈ 31%4.7★ (12)

    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

Financing
Management
Term

Rate 7.93% = 7.18% Freddie Mac 30-yr avg (Nov 5) + 0.75% investor premium

Est. revenue

$59,916

NOI

$34,150

Cash flow /mo

-$1,144

Cash needed

$233,671

Cash-on-cash

-5.9%

ROE (yr 1)

5.5%

Cap rate

4.7%

DSCR

0.71

Year-1 write-off

$183,225

Year-1 tax shield @ 32%

$58,632

Year-1 return on equity

  • Cash flow (annual)-$13,731
  • Principal paydown$4,637
  • Appreciation at%$21,897
ROE5.5%

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)$11,983
  • Platform fees (3% of revenue)$1,797
  • Maintenance / capex (5% of revenue)$2,996
  • Utilities & supplies$4,200
  • HOA$336
  • Property tax$74
  • Insurance (STR-rated)$4,379

Cash needed to close

  • Down payment (25%)$182,475
  • Closing costs (4.0%)$29,196
  • Furnishing (bought new)$22,000

Tax savings if the STR loophole applies

  • Tax shield @ 32%$58,632

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

$620,000

Short-life (5/15-yr)

$161,000 · 26%

Year-1 deduction

$183,000

Year-1 tax shield @ 32%

$59,000

Land 15% (market default, no usable tax-record split) · building $460,000 over 39 years · new furniture $22,000

Based on: 1,968 sq ft, built 2026, 2 bd / 2.5 ba, unfurnished, listing features (deck, game room, fireplace, flooring types, appliance list, septic).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $113,000 in year 1 (15% short-life, $36,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$117,100
  • Kitchen cabinetsdefault

    $10,100 new × 100% good × 1.56 allocation

    $15,800
  • Kitchen countertopsdefault

    $8,300 new × 100% good × 1.56 allocation

    $12,900
  • Decorative trimdefault

    $3,400 new × 100% good × 1.56 allocation

    $5,400
  • Mirrorsdefault

    $300 new × 100% good × 1.56 allocation

    $500
  • Shelvingdefault

    $900 new × 100% good × 1.56 allocation

    $1,400
  • Window coverings (20)default

    $5,000 new × 100% good × 1.56 allocation

    $7,800
  • Carpet, vinyl & laminate (100% of floors)listing

    $12,700 new × 100% good × 1.56 allocation

    $19,700
  • Kitchen & laundry equipment plumbingdefault

    $7,900 new × 100% good × 1.56 allocation

    $12,300
  • Kitchen, laundry & data equipment electricaldefault

    $4,800 new × 100% good × 1.56 allocation

    $7,400
  • Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing

    $7,700 new × 100% good × 1.56 allocation

    $12,000
  • 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$65,600
  • Paving: driveway & walks (paved)default

    $9,200 new × 100% good × 1.56 allocation

    $14,300
  • Landscaping (typical)default

    $8,800 new × 100% good × 1.56 allocation

    $13,800
  • Patiosdefault

    $1,900 new × 100% good × 1.56 allocation

    $3,000
  • Decks & porches (attached)listing

    $22,100 new × 100% good × 1.56 allocation

    $34,500
Building, 39-year$459,700
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $213,800 new × 100% good × 1.56 allocation

    $333,200
  • Building plumbing & fixturesdefault

    $22,100 new × 100% good × 1.56 allocation

    $34,500
  • Building electrical & lightingdefault

    $22,200 new × 100% good × 1.56 allocation

    $34,600
  • HVACdefault

    $22,200 new × 100% good × 1.56 allocation

    $34,500
  • Fireplacelisting

    $2,600 new × 100% good × 1.56 allocation

    $4,100
  • Septic systemlisting

    $12,000 new × 100% good × 1.56 allocation

    $18,700

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$117,100$65,600$500$183,200
2$0$0$11,800$11,800
3$0$0$11,800$11,800
4$0$0$11,800$11,800
5$0$0$11,800$11,800
6+$0$0$412,000$412,000
Total$117,100$65,600$459,700$642,400

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.