STR DSCR investor profile of Gatlinburg
Gatlinburg, TN is a medium short-term rental DSCR market. Property type: Mountain cabin. Median home value approximately $525K. Average nightly rate: $295.
Occupancy rate in Gatlinburg averages approximately 58%, which combined with the nightly rate produces gross annual revenue per property of approximately $62K.
Gatlinburg adjacent to Smoky Mountains National Park entrance. Premium cabin market. STR regulatory environment in Gatlinburg: lenient.
STR financing for Gatlinburg
STR-specific DSCR loans underwrite based on projected nightly revenue and occupancy rather than long-term lease income. Specialty lenders that fund STR DSCR include Easy Street Capital, Visio Lending, and several private money operators.
For a Gatlinburg property at the median value of $525K generating $295 per night at 58% occupancy, gross annual revenue runs approximately $62K.
Gatlinburg STR FAQ
Yes. STR-specific DSCR loans available through specialty lenders (Easy Street Capital, Visio Lending, others). Lenders underwrite based on projected nightly revenue and occupancy rather than long-term lease income.
Gatlinburg averages approximately 58% occupancy. Lenders typically underwrite with conservative occupancy assumptions (lower than peak) and require AirDNA or similar data.
Average nightly rates in Gatlinburg run approximately $295. Premium units (size, location, amenities) command meaningfully higher rates.
Gatlinburg STR regulatory environment is lenient. Generally STR-friendly with standard registration requirements.
STR gross revenue per property in Gatlinburg averages approximately $62K annually. Operating costs (cleaning, supplies, management, utilities, maintenance) typically consume 30-50% of gross — netting roughly 50-70% to operating income.
Easy Street Capital, Visio Lending, and several private money operators underwrite STR-specific DSCR using projected revenue. Some lenders require 12+ months of operating history; others will fund pre-operating projections.
Yes. Lendai Finance and similar specialty lenders fund foreign-national STR acquisitions. Down payments typically 30-50%.
Gatlinburg primarily mountain cabin property. Optimal STR property selection depends on guest demographics, amenity expectations, and local zoning.
STR regulations vary by city and change frequently. Verify current local rules before acquisition. STR revenue projections are directional — actual results vary.