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5654 Jubilee St

5654 Jubilee St

Redding, CA 96001

$39,000

2 bd · 1 ba · 800 sqft · Listed 5d ago

View on Realtor.com →
Low confidence

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)

$9,973$13,871$21,363

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)

    Airbnb

  • #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)

    Airbnb

  • 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%—

    Airbnb

  • 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)

    Airbnb

  • 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)

    Airbnb

  • 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)

    Airbnb

  • 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)

    Airbnb

  • 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)

    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)

    Airbnb

  • 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%—

    Airbnb

  • 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)

    Booking

  • At Home in the Forest- Huge Deck-Sleeps 8

    House · 3 bd · 2 ba · sleeps 8 · 1.4 mi

    • A/C
    • Free parking
    • Pets OK
    • Wifi
    • +2

    Revenue $20,999ADR $172Occ ≈ 33%4.8★ (15)

    AirbnbVrboBooking

  • 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

  • Modern Comforts at Olney Creek Outpost

    House · 3 bd · 2 ba · sleeps 8 · 1.6 mi

    • A/C
    • Free parking
    • Wifi
    • Kitchen
    • +1

    Revenue $23,226ADR $317Occ ≈ 20%5★ (13)

    AirbnbVrbo

  • 💤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)

    Airbnb

  • Hidden Charm- A cozy home with Pool & Game room

    House · 3 bd · 2 ba · sleeps 6 · 1.7 mi

    • Pool
    • A/C
    • Free parking
    • Wifi
    • +3

    Revenue $37,870ADR $177Occ ≈ 59%4.8★ (136)

    AirbnbVrbo

  • Simple bed

    House · 1 bd · 1 ba · sleeps 2 · 1.7 mi

    • Free parking
    • Wifi

    Revenue $10,441ADR $45Occ ≈ 64%5★ (23)

    Airbnb

  • 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%—

    Airbnb

  • 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)

    Airbnb

  • 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)

    Vrbo

  • 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)

    Airbnb

  • 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)

    Vrbo

  • ~Rest and Refresh~

    House · 3 bd · 1 ba · sleeps 6 · 2.1 mi

    • Pool
    • A/C
    • Free parking
    • Pets OK
    • +3

    Revenue $38,709ADR $162Occ ≈ 65%4.8★ (405)

    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

Financing
Management

Est. revenue

$18,380

NOI

$8,376

Cash flow /mo

$698

Cash needed

$56,560

Cash-on-cash (all cash)

14.8%

ROE (yr 1)

16.9%

Cap rate

21.5%

DSCR

—

Year-1 write-off

$17,643

Year-1 tax shield @ 32%

$5,646

Year-1 return on equity

  • Cash flow (annual)$8,376
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$1,170
ROE16.9%

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

  • Purchase price (all cash)$39,000
  • 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.

5-year property$17,100

  • Kitchen cabinetsdefault

    $7,600 new × 40% good × 0.08 allocation

    $200

  • Kitchen countertopsdefault

    $6,200 new × 40% good × 0.08 allocation

    $200

  • 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

    $0

  • 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

    $100

  • Kitchen & laundry equipment plumbingdefault

    $5,900 new × 40% good × 0.08 allocation

    $200

  • Kitchen, laundry & data equipment electricaldefault

    $3,600 new × 40% good × 0.08 allocation

    $100

  • Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default

    $8,100 new × 40% good × 0.08 allocation

    $200

  • Furniture bought newlisting

    $16,000 new × 100% good · bought separately

    $16,000
15-year land improvements$500

  • 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

    $200

  • Patiosdefault

    $800 new × 50% good × 0.08 allocation

    $0

  • Decks & porches (attached)default

    $800 new × 50% good × 0.08 allocation

    $0
Building, 39-year$3,900

  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $86,400 new × 40% good × 0.08 allocation

    $2,600

  • Building plumbing & fixturesdefault

    $8,900 new × 40% good × 0.08 allocation

    $300

  • Building electrical & lightingdefault

    $7,400 new × 40% good × 0.08 allocation

    $200

  • HVACdefault

    $9,000 new × 40% good × 0.08 allocation

    $300

  • Hardwood & tile floorsdefault

    $3,100 new × 40% good × 0.08 allocation

    $100

  • Septic systemlisting

    $12,000 new × 50% good × 0.08 allocation

    $500

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
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.