For STR DSCR investors evaluating Sevierville, the math centers on three numbers: median home value of $395K, average nightly rate of $215, and occupancy of 53%. These combine into annual revenue projections of roughly $42K per typical property.
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.
Sevierville seasonality and tourism patterns
Operating a Sevierville STR involves managing through specific seasonal cycles. Cash flow planning must account for the gap between peak and slower periods.
Sevierville STR economics
At $395K median home value and $215 nightly rate at 53% occupancy, Sevierville STR economics produce gross revenue of approximately $42K per property. Operating costs typically consume 30-50% of gross, netting roughly $25K to operating income before debt service.
Sevierville specific FAQ
Sevierville sees year-round activity with seasonal peaks. Lenders use annual averaged occupancy in underwriting.
Sevierville cabin properties dominate STR demand.
Sevierville is generally STR-friendly with standard registration requirements.
Sevierville averages approximately 53% occupancy. Premium properties outperform; standard properties cluster near average.
Sevierville averages approximately $215 per night. Premium units command 1.5-2.5x average.
Full-service STR management in Sevierville runs 20-35% of gross revenue. Co-host arrangements run 15-25%. Self-management saves the fee but consumes 10-20 hours weekly.
A Sevierville STR at the median home value of $395K typically requires 25-30% down, furniture and setup ($15K-50K), reserves (6-12 months PITIA), and closing costs. Total initial capital roughly $173K+.
Bottom line for Sevierville STR investors
Sevierville STR works for investors comfortable with the mountain cabin operating profile and lenient regulatory environment. Match the property to the market and the math typically works. Mismatch and the property struggles regardless of underwriting.
STR regulations vary by city and change frequently. Verify current local rules before acquisition.