5654 Jubilee St
Redding, CA 96001
$39,000
2 bd · 1 ba · 800 sqft · Listed 5d ago
View on Realtor.com →Year built
—
Sqft
800
Lot sqft
31,363
HOA / mo
$0
Furnished
No
List date
2026-11-07T00:47:12.000000Z
Revenue
Annual revenue
$18,380
ADR
$74
Occupancy
68%
Cleaning fees (12 mo)
$1,845
Confidence
Low (36.22), 26 comps
Comp revenue range (p25 / median / p75)
Few similar-size comps were found, so all comps are shown.
Median revenue of shown comps: $13,871
Affordable, Peaceful Updated with Quality
Apartment · 1 bd · 1 ba · sleeps 1 · 0.8 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +1
Revenue $19,748ADR $60Occ ≈ 90%5★ (2)
#21 Historic Cascade Motel
Apartment · 1 bd · 1 ba · sleeps 2 · 0.9 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +1
Revenue $16,772ADR $61Occ ≈ 75%4.8★ (34)
New, Crisp, Clean, Comfortable
Apartment · 1 bd · 1 ba · sleeps 1 · 0.9 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +1
Revenue $7,616ADR $57Occ ≈ 37%—
Fresh, light filled Guest House! Privacy Fence.
Guest house · 1 bd · 1 ba · sleeps 2 · 0.9 mi
- A/C
- Free parking
- Pets OK
- Wifi
- +3
Revenue $9,839ADR $62Occ ≈ 43%4.7★ (26)
Cozy Sauna Getaway
House · 1 bd · 1 ba · sleeps 2 · 0.9 mi
Revenue $469ADR $117Occ ≈ 1%—
Delisted
#22 Historic Cascade Motel
Apartment · 1 bd · 1 ba · sleeps 1 · 0.9 mi
- A/C
- Free parking
- Pets OK
- Wifi
- +1
Revenue $13,455ADR $50Occ ≈ 74%4.8★ (27)
Cozy Willow Suite
Guest house · 1 bd · 1 ba · sleeps 2 · 1.0 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +1
Revenue $13,058ADR $86Occ ≈ 42%4.8★ (83)
Clean & cozy room close to I-5, Starbucks, In&Out
Apartment · 1 bd · 1 ba · sleeps 2 · 1.0 mi
Revenue $13,257ADR $80Occ ≈ 45%4.9★ (481)
Delisted
Private entrance, peaceful and amazing views
House · 1 bd · 1 ba · sleeps 2 · 1.0 mi
Revenue $19,191ADR $71Occ ≈ 74%4.9★ (374)
Peaceful studio retreat near I-5
Guest house · 1 bd · 1 ba · sleeps 4 · 1.1 mi
- A/C
- Free parking
- Pets OK
- Wifi
- +1
Revenue $14,286ADR $98Occ ≈ 40%5★ (58)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Affordable, Peaceful Updated with Quality Apartment
| 1 bd · 1 ba · sleeps 1 | $19,748 | $60 | 90% | 5★ (2) | 0.8 mi | Airbnb |
#21 Historic Cascade Motel Apartment
| 1 bd · 1 ba · sleeps 2 | $16,772 | $61 | 75% | 4.8★ (34) | 0.9 mi | Airbnb |
New, Crisp, Clean, Comfortable Apartment
| 1 bd · 1 ba · sleeps 1 | $7,616 | $57 | 37% | — | 0.9 mi | Airbnb |
Fresh, light filled Guest House! Privacy Fence. Guest house
| 1 bd · 1 ba · sleeps 2 | $9,839 | $62 | 43% | 4.7★ (26) | 0.9 mi | Airbnb |
Cozy Sauna Getaway House | 1 bd · 1 ba · sleeps 2 | $469 | $117 | 1% | — | 0.9 mi | Delisted |
#22 Historic Cascade Motel Apartment
| 1 bd · 1 ba · sleeps 1 | $13,455 | $50 | 74% | 4.8★ (27) | 0.9 mi | Airbnb |
Cozy Willow Suite Guest house
| 1 bd · 1 ba · sleeps 2 | $13,058 | $86 | 42% | 4.8★ (83) | 1.0 mi | Airbnb |
Clean & cozy room close to I-5, Starbucks, In&Out Apartment | 1 bd · 1 ba · sleeps 2 | $13,257 | $80 | 45% | 4.9★ (481) | 1.0 mi | Delisted |
Private entrance, peaceful and amazing views House | 1 bd · 1 ba · sleeps 2 | $19,191 | $71 | 74% | 4.9★ (374) | 1.0 mi | Airbnb |
Peaceful studio retreat near I-5 Guest house
| 1 bd · 1 ba · sleeps 4 | $14,286 | $98 | 40% | 5★ (58) | 1.1 mi | Airbnb |
Show 16 more
Clean & cozy studio close to I-5, Starbs, In&Out
Guest suite · 1 bd · 1 ba · sleeps 2 · 1.1 mi
- Pool
- A/C
- Free parking
- Wifi
- +2
Revenue $21,484ADR $91Occ ≈ 65%4.8★ (436)
Private Villa Retreat
Guest house · 1 bd · 1 ba · sleeps 2 · 1.2 mi
- A/C
- Pets OK
- Wifi
- Kitchen
- +1
Revenue $140ADR $140Occ ≈ 0%—
Escape to nature
Tiny house · 1 bd · 1 ba · sleeps 2 · 1.3 mi
Revenue $4,525ADR $98Occ ≈ 13%—
Delisted
Harmony Haven
House · 3 bd · 2 ba · sleeps 6 · 1.3 mi
Revenue $25,204ADR $180Occ ≈ 38%4.7★ (141)
Peaceful & stylish ADU w/Tub+kitchen: Artist Dream
Guest house · 1 bd · 1 ba · sleeps 2 · 1.4 mi
Revenue $7,253ADR $120Occ ≈ 17%—
Delisted
💤Peaceful & Private 2 Room Suite w/ Pvt. Entrance
Guest suite · 2 bd · 1 ba · sleeps 3 · 1.6 mi
- A/C
- Free parking
- Wifi
Revenue $25,484ADR $92Occ ≈ 76%5★ (479)
Simple bed
House · 1 bd · 1 ba · sleeps 2 · 1.7 mi
- Free parking
- Wifi
Revenue $10,441ADR $45Occ ≈ 64%5★ (23)
Private Room + Dedicated Bath in Redding
House · 1 bd · 1 ba · sleeps 1 · 1.9 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +2
Revenue $1,122ADR $51Occ ≈ 6%—
House of Olives — Stunning and Modern Loft/House
Guest house · 1 bd · 1 ba · sleeps 4 · 2.0 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +1
Revenue $23,881ADR $105Occ ≈ 62%4.9★ (695)
Cottage on the Sacramento River in the City of Redding
House · 1 bd · 1 ba · sleeps 1 · 2.0 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +3
Revenue $10,374ADR $183Occ ≈ 16%5★ (15)
The Wilshire House-Redding, Ca
House · 3 bd · 2 ba · sleeps 6 · 2.0 mi
- Pool
- A/C
- Free parking
- Wifi
- +2
Revenue $15,832ADR $298Occ ≈ 15%5★ (9)
Redding River House II, Stunning River Location.
House · 2 bd · 2 ba · sleeps 1 · 2.1 mi
- A/C
- Free parking
- Pets OK
- Wifi
- +3
Revenue $12,586ADR $187Occ ≈ 18%5★ (1)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Clean & cozy studio close to I-5, Starbs, In&Out Guest suite
| 1 bd · 1 ba · sleeps 2 | $21,484 | $91 | 65% | 4.8★ (436) | 1.1 mi | Airbnb |
Private Villa Retreat Guest house
| 1 bd · 1 ba · sleeps 2 | $140 | $140 | 0% | — | 1.2 mi | Airbnb |
Escape to nature Tiny house | 1 bd · 1 ba · sleeps 2 | $4,525 | $98 | 13% | — | 1.3 mi | Delisted |
Harmony Haven House | 3 bd · 2 ba · sleeps 6 | $25,204 | $180 | 38% | 4.7★ (141) | 1.3 mi | Booking |
At Home in the Forest- Huge Deck-Sleeps 8 House
| 3 bd · 2 ba · sleeps 8 | $20,999 | $172 | 33% | 4.8★ (15) | 1.4 mi | AirbnbVrboBooking |
Peaceful & stylish ADU w/Tub+kitchen: Artist Dream Guest house | 1 bd · 1 ba · sleeps 2 | $7,253 | $120 | 17% | — | 1.4 mi | Delisted |
Modern Comforts at Olney Creek Outpost House
| 3 bd · 2 ba · sleeps 8 | $23,226 | $317 | 20% | 5★ (13) | 1.6 mi | AirbnbVrbo |
💤Peaceful & Private 2 Room Suite w/ Pvt. Entrance Guest suite
| 2 bd · 1 ba · sleeps 3 | $25,484 | $92 | 76% | 5★ (479) | 1.6 mi | Airbnb |
Hidden Charm- A cozy home with Pool & Game room House
| 3 bd · 2 ba · sleeps 6 | $37,870 | $177 | 59% | 4.8★ (136) | 1.7 mi | AirbnbVrbo |
Simple bed House
| 1 bd · 1 ba · sleeps 2 | $10,441 | $45 | 64% | 5★ (23) | 1.7 mi | Airbnb |
Private Room + Dedicated Bath in Redding House
| 1 bd · 1 ba · sleeps 1 | $1,122 | $51 | 6% | — | 1.9 mi | Airbnb |
House of Olives — Stunning and Modern Loft/House Guest house
| 1 bd · 1 ba · sleeps 4 | $23,881 | $105 | 62% | 4.9★ (695) | 2.0 mi | Airbnb |
Cottage on the Sacramento River in the City of Redding House
| 1 bd · 1 ba · sleeps 1 | $10,374 | $183 | 16% | 5★ (15) | 2.0 mi | Vrbo |
The Wilshire House-Redding, Ca House
| 3 bd · 2 ba · sleeps 6 | $15,832 | $298 | 15% | 5★ (9) | 2.0 mi | Airbnb |
Redding River House II, Stunning River Location. House
| 2 bd · 2 ba · sleeps 1 | $12,586 | $187 | 18% | 5★ (1) | 2.1 mi | Vrbo |
~Rest and Refresh~ House
| 3 bd · 1 ba · sleeps 6 | $38,709 | $162 | 65% | 4.8★ (405) | 2.1 mi | AirbnbVrbo |
Revenue and nightly rate (ADR) are trailing-12-month figures per listing. Occupancy is estimated as revenue ÷ ADR ÷ 365 and can read high when revenue includes cleaning fees.
Cash flow calculator
Rate 7.93% = 7.18% Freddie Mac 30-yr avg (Nov 5) + 0.75% investor premium
Est. revenue
$18,380
NOI
$8,376
Cash flow /mo
$485
Cash needed
$27,310
Cash-on-cash
21.3%
ROE (yr 1)
26.5%
Cap rate
21.5%
DSCR
3.27
Year-1 write-off
$17,643
Year-1 tax shield @ 32%
$5,646
Year-1 return on equity
- Cash flow (annual)$5,818
- Principal paydown$248
- Appreciation at%$1,170
Tax savings aren't counted. Turn on “Count tax savings in returns” above if you can use the losses.
Opex, cash-needed & tax-savings breakdown
Annual operating expenses
- Management (20% of revenue)$3,676
- Platform fees (3% of revenue)$551
- Maintenance / capex (5% of revenue)$919
- Utilities & supplies$4,200
- HOA$0
- Property tax$488
- Insurance (STR-rated)$228
Cash needed to close
- Down payment (25%)$9,750
- Closing costs (4.0%)$1,560
- Furnishing (bought new)$16,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$5,646
Property tax, insurance rate and the land/building split come from this listing's county tax record; other assumptions match the daily feed (see tasks/plan.md).
The write-off comes from the cost segregation estimate below. Not tax advice.
Cost segregation estimate
An estimate from the listing: every part of the home is priced from national construction costs, less wear for age, and the price (less land) is spread over the parts in proportion. The headline is what a typical cost seg study would claim for this property. The answers below are optional refinements.
Depreciable basis
$6,000
Short-life (5/15-yr)
$2,000 · 29%
Year-1 deduction
$18,000
Year-1 tax shield @ 32%
$6,000
Land 86% (county tax record, assessed value split) · building $4,000 over 39 years · new furniture $16,000
Based on: 800 sq ft, age unknown, 2 bd / 1 ba, unfurnished, listing features (septic).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $17,000 in year 1 (20% short-life, $5,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $200
Kitchen cabinetsdefault
$7,600 new × 40% good × 0.08 allocation
- $200
Kitchen countertopsdefault
$6,200 new × 40% good × 0.08 allocation
- $0
Decorative trimdefault
$1,400 new × 40% good × 0.08 allocation
- $0
Mirrorsdefault
$200 new × 40% good × 0.08 allocation
- $0
Shelvingdefault
$900 new × 40% good × 0.08 allocation
- $100
Window coverings (8)default
$2,000 new × 40% good × 0.08 allocation
- $100
Carpet, vinyl & laminate (40% of floors)default
$2,100 new × 40% good × 0.08 allocation
- $200
Kitchen & laundry equipment plumbingdefault
$5,900 new × 40% good × 0.08 allocation
- $100
Kitchen, laundry & data equipment electricaldefault
$3,600 new × 40% good × 0.08 allocation
- $200
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default
$8,100 new × 40% good × 0.08 allocation
- $16,000
Furniture bought newlisting
$16,000 new × 100% good · bought separately
- $200
Paving: driveway & walks (paved)default
$5,900 new × 50% good × 0.08 allocation
- $200
Landscaping (typical)default
$5,600 new × 50% good × 0.08 allocation
- $0
Patiosdefault
$800 new × 50% good × 0.08 allocation
- $0
Decks & porches (attached)default
$800 new × 50% good × 0.08 allocation
- $2,600
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$86,400 new × 40% good × 0.08 allocation
- $300
Building plumbing & fixturesdefault
$8,900 new × 40% good × 0.08 allocation
- $200
Building electrical & lightingdefault
$7,400 new × 40% good × 0.08 allocation
- $300
HVACdefault
$9,000 new × 40% good × 0.08 allocation
- $100
Hardwood & tile floorsdefault
$3,100 new × 40% good × 0.08 allocation
- $500
Septic systemlisting
$12,000 new × 50% good × 0.08 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $17,100 | $500 | $0 | $17,600 |
| 2 | $0 | $0 | $100 | $100 |
| 3 | $0 | $0 | $100 | $100 |
| 4 | $0 | $0 | $100 | $100 |
| 5 | $0 | $0 | $100 | $100 |
| 6+ | $0 | $0 | $3,500 | $3,500 |
| Total | $17,100 | $500 | $3,900 | $21,600 |
The building's share of the price ($6,000) is well below our depreciated replacement cost of the home ($74,000). The land share may be overstated, or the home may need work.
Model-based estimate, not an engineered cost segregation study. The IRS doesn’t approve studies; get a professional study before filing. Using these losses against W-2 income needs the short-term rental exception (average stay ≤7 days + material participation). The 39-year building life applies because stays average under 30 days, a separate test (27.5 years for a long-term rental). Federal only: California, Georgia and Wisconsin disallow bonus depreciation, Ohio adds back 5/6 of it, and Tennessee has no personal income tax. Not tax advice.
Market note
Rules differ by jurisdiction. City of Redding caps whole-home vacation rentals at 400 with a 600 ft spacing rule (300 ft with a physical buffer), and its permit is NOT transferable to a new owner. Shasta Lake city and unincorporated Shasta County allow permitted rentals with no cap found, but permits also do not transfer on sale. Lodging tax ~10% plus a 2% tourism assessment in Redding. Verify parcel eligibility with the city or county before you buy.