224 Woodland Rd Unit 108, Gatlinburg, Tennessee 37738
4229 Parkway Lot #083, Gatlinburg, Tennessee 37738
1824 Oriole Rd Unit 115, Gatlinburg, Tennessee 37738
Lot 507 Pinecrest, Gatlinburg, Tennessee 37738
657 RED BUD LN, Gatlinburg, Tennessee 37738
4229 Parkway Lot #292, Gatlinburg, Tennessee 37738
Lot 58 Deer Path Ln., Gatlinburg, Tennessee 37738
768 Mountain Stream Way, Gatlinburg, Tennessee 37738
1843 Zurich Court, Gatlinburg, Tennessee 37738
733 Yona Trail Way, Gatlinburg, Tennessee 37738
Gatlinburg Rental Real Estate
Getting cozy with the Smokies is easy when you stay in a town like Gatlinburg, TN. The resort town located in Sevier County, Tennessee is commonly known as the “Gateway to the Great Smoky Mountains”. A large number of the major attractions here offer sweeping views of the neighboring Great Smoky Mountains National Park.
How to Buy a Short Term Rental Property in Gatlinburg, TN
There are plenty of Gatlinburg homes for sale. It does not matter how long you’ll personally be staying in Gatlinburg, whether it’s for a long or short period, buying real estate in this resort town is a very good investment. Almost any property in this market, as long as it’s a cabin, will make a profitable short term rental property.
However, there are some factors that need to be considered when in the market for a home or short-term rental property in this charming part of the country filled with various mountain properties.
The Demand for Short Term Rentals in Gatlinburg
Gatlinburg, TN sees a never ending stream of annual visitors. A Gatlinburg real estate investment is a great one for a lot of reasons, foremost among them being that Gatlinburg is a very popular vacation market.
Gatlinburg real estate market performance for the year 2019, are listed below;
- Median Property Price: $338,841
- Price per Square Foot: $178
- Price to Rent Ratio: 16
- Monthly Traditional Rental Income: $1,737
- Monthly Airbnb Rental Income: $3,814
- Airbnb Occupancy Rate: 76%
From the data above, it shows that rental properties are extremely profitable in Gatlinburg and a great ROI can be achieved even from traditional rentals.