STR DSCR investor profile of Sevierville
Sevierville, TN is a high short-term rental DSCR market. Property type: Mountain cabin. Median home value approximately $395K. Average nightly rate: $215.
Occupancy rate in Sevierville averages approximately 53%, which combined with the nightly rate produces gross annual revenue per property of approximately $42K.
Sevierville is the outer-ring of Smoky Mountains STR — typically better DSCR economics than Gatlinburg. STR regulatory environment in Sevierville: lenient.
STR financing for Sevierville
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 Sevierville property at the median value of $395K generating $215 per night at 53% occupancy, gross annual revenue runs approximately $42K.
Sevierville 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.
Sevierville averages approximately 53% occupancy. Lenders typically underwrite with conservative occupancy assumptions (lower than peak) and require AirDNA or similar data.
Average nightly rates in Sevierville run approximately $215. Premium units (size, location, amenities) command meaningfully higher rates.
Sevierville STR regulatory environment is lenient. Generally STR-friendly with standard registration requirements.
STR gross revenue per property in Sevierville averages approximately $42K 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%.
Sevierville 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.