Tayton Capital
EN
Short-Term Rental · Pigeon Forge, TN

Short-Term Rental Financing in Pigeon Forge, TN

Estimated 0.82x DSCR on a $575,000 short-term rental with $143,750 down — qualified on the property's income, not your tax returns.

Modeled Purchase Price
$575,000
25% Down
$143,750
Loan Amount
$431,250
Est. Monthly PITIA
$3,774
Creditable STR Income
$3,096/mo
Est. DSCR Ratio
0.82x

Short-Term Rental investing in Pigeon Forge

Short-term rental financing in Pigeon Forge is a different underwriting product than a long-term DSCR loan even though it carries the same name. The lender is crediting nightly revenue instead of a signed lease, which means the documentation, the reserve requirement, and the permit diligence all change.

At the Pigeon Forge median of $575,000, a short-term rental prices near $575,000. Minimum down is 25% ($143,750), leaving a loan of $431,250. Estimated all-in PITIA runs about $3,774 per month.

The Pigeon Forge ratio math on this product

Gross nightly revenue in Pigeon Forge models to about $4,300/month across a full year. Lenders do not credit that dollar-for-dollar — a 28% haircut for vacancy, cleaning, platform fees and management leaves $3,096 of creditable income. Against a PITIA of $3,774, that is an estimated DSCR ratio of 0.82x. That is below the 1.0 threshold, which is normal at this basis. Financing here works one of three ways — more money down, a no-ratio DSCR product, or qualifying on documented short-term rental revenue.

Underwriting notes specific to STR files: plan on 25% down as the floor, six months of PITIA in reserves, and either twelve months of Airbnb/VRBO earnings statements on the subject property or a third-party market revenue study for a property with no operating history. Short-term rentals are active in this market; licensing and zoning are set locally and we verify the specific address before quoting. Verify the permit status of the exact address before you go hard on earnest money — an unpermitted STR is an unfinanceable STR on this product.

Returns and structure

Return metrics at the Pigeon Forge median for this product: an estimated cap rate of 3.55%, and monthly cash flow of $678 negative at 25% down. Negative cash flow at the minimum down payment is common in appreciation-led markets; investors close the gap with a larger down payment, a purchase below median, an added unit, or a rate buydown.

Pigeon Forge property types compared

Property TypeModeled PriceMin. DownEst. IncomeEst. DSCR
Single-Family Rental$575,00020% ($115,000)$2,000/mo0.51x
2–4 Unit Multi-Family$908,50025% ($227,125)$3,720/mo0.62x
Condo & Townhome$414,00020% ($82,800)$1,580/mo0.50x
Short-Term Rental (this page)$575,00025% ($143,750)$3,096/mo0.82x

All figures model a purchase at the Pigeon Forge median of $575,000 with the property-type adjustments described above, at an illustrative 7.50% DSCR rate on a 30-year fixed. Short-term rental income is shown after the standard lender haircut.

Figures on this page are modeled estimates derived from the Pigeon Forge median price and market rent, adjusted for short-term rental product characteristics. They are illustrative, not a loan offer or an appraisal. Actual pricing, rent, taxes, insurance, HOA dues and DSCR depend on the specific property and on conditions at the time of application.

Pigeon Forge Short-Term Rental FAQ

More Pigeon Forge investor resources

Pigeon Forge investor guide
Full market analysis and loan options
Single-Family Rental in Pigeon Forge
0.51x est. DSCR
2–4 Unit Multi-Family in Pigeon Forge
0.62x est. DSCR
Condo & Townhome in Pigeon Forge
0.50x est. DSCR
Sevier County investor hub
Every market we finance in the county
DSCR loan requirements in Tennessee
DSCR payment calculator

Price a short-term rental in Pigeon Forge

Send us the address and we'll model the real DSCR ratio, PITIA and cash flow on that specific property — usually the same day. Licensed in Tennessee, and we close in an LLC or your personal name.

Get My Investment Analysis Talk to a Loan Officer

Keep exploring

Related pages

Comenzar

Ve tus opciones de préstamo en minutos.

Cuéntanos un poco sobre ti y te contactaremos personalmente — generalmente dentro de un día hábil.

O llama al (970) 708-9624

Términos · Política de Privacidad

Get a quoteApply Now