829 Mission Sierra Ct
Redding, CA 96003
$215,000
2 bd · 1.5 ba · 960 sqft · Listed 21d ago
View on Realtor.com →Year built
1983
Sqft
960
Lot sqft
871
HOA / mo
$205
Furnished
No
List date
2026-09-08T21:45:40.000000Z
Revenue
Annual revenue
$19,234
ADR
$85
Occupancy
62%
Cleaning fees (12 mo)
$2,151
Confidence
Low (19.14), 28 comps
Comp revenue range (p25 / median / p75)
Beautiful Studio in Nice Area- Close to Everything
Apartment · 1 bd · 1 ba · sleeps 2 · 0.2 mi
Revenue $21,124ADR $76Occ ≈ 76%5★ (11)
Classic Studio - Nice area, newer build
Apartment · 1 bd · 1 ba · sleeps 2 · 0.2 mi
Revenue $7,058ADR $66Occ ≈ 29%5★ (2)
The Studio on Mission
House · 1 bd · 1 ba · sleeps 2 · 0.2 mi
Revenue $15,970ADR $84Occ ≈ 52%5★ (3)
Quaint, quiet, and centrally located near Bethel!
House · 3 bd · 2 ba · sleeps 7 · 0.2 mi
Revenue $5,693ADR $96Occ ≈ 16%4.8★ (78)
Live in style at this amazing location 2 bdrm apt
Apartment · 2 bd · 1.5 ba · sleeps 4 · 0.3 mi
Revenue $17,457ADR $82Occ ≈ 58%—
Jamieson #4 • Modern • Prime location • Near Mall
Apartment · 1 bd · 1 ba · sleeps 2 · 0.3 mi
Revenue $3,080ADR $66Occ ≈ 13%—
House of Miracles! Full size bed! Room #2
House · 1 bd · 1 ba · sleeps 2 · 0.3 mi
Revenue $10,542ADR $55Occ ≈ 53%4.9★ (18)
House of miracles! California King room #1
House · 1 bd · 1 ba · sleeps 2 · 0.4 mi
Revenue $10,037ADR $48Occ ≈ 57%5★ (15)
Central, TV, Full Kitchen, Fast Wi-FI, Laundry
House · 1 bd · 1 ba · sleeps 2 · 0.4 mi
Revenue $16,861ADR $58Occ ≈ 80%5★ (440)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Beautiful Studio in Nice Area- Close to Everything Apartment | 1 bd · 1 ba · sleeps 2 | $21,124 | $76 | 76% | 5★ (11) | 0.2 mi | Airbnb |
Classic Studio - Nice area, newer build Apartment | 1 bd · 1 ba · sleeps 2 | $7,058 | $66 | 29% | 5★ (2) | 0.2 mi | Airbnb |
The Studio on Mission House | 1 bd · 1 ba · sleeps 2 | $15,970 | $84 | 52% | 5★ (3) | 0.2 mi | Airbnb |
Quaint, quiet, and centrally located near Bethel! House | 3 bd · 2 ba · sleeps 7 | $5,693 | $96 | 16% | 4.8★ (78) | 0.2 mi | Airbnb |
Centrally located, large 2 bed/2 bath apartment. Apartment | 2 bd · 2 ba · sleeps 5 | $9,789 | $87 | 31% | 5★ (1) | 0.2 mi | AirbnbVrbo |
Live in style at this amazing location 2 bdrm apt Apartment | 2 bd · 1.5 ba · sleeps 4 | $17,457 | $82 | 58% | — | 0.3 mi | Airbnb |
Jamieson #4 • Modern • Prime location • Near Mall Apartment | 1 bd · 1 ba · sleeps 2 | $3,080 | $66 | 13% | — | 0.3 mi | Airbnb |
House of Miracles! Full size bed! Room #2 House | 1 bd · 1 ba · sleeps 2 | $10,542 | $55 | 53% | 4.9★ (18) | 0.3 mi | Airbnb |
House of miracles! California King room #1 House | 1 bd · 1 ba · sleeps 2 | $10,037 | $48 | 57% | 5★ (15) | 0.4 mi | Airbnb |
Central, TV, Full Kitchen, Fast Wi-FI, Laundry House | 1 bd · 1 ba · sleeps 2 | $16,861 | $58 | 80% | 5★ (440) | 0.4 mi | Airbnb |
Show all 28 comps
TV, Central, Full Kitchen, Fast Wi-Fi, Laundry
House · 1 bd · 1 ba · sleeps 2 · 0.4 mi
Revenue $15,924ADR $55Occ ≈ 79%5★ (366)
Parkside 3BR Retreat • 2 Kings Beds • Near Bethel
House · 3 bd · 2 ba · sleeps 6 · 0.4 mi
Revenue $28,338ADR $194Occ ≈ 40%4.8★ (6)
Centrally located with private entrance
House · 1 bd · 1 ba · sleeps 2 · 0.5 mi
Revenue $17,560ADR $66Occ ≈ 73%4.9★ (290)
House of miracles room #3
House · 1 bd · 1 ba · sleeps 2 · 0.5 mi
Revenue $8,613ADR $50Occ ≈ 47%4.8★ (8)
Floral Room @ Peace House/Walk to Bethel
Bed & Breakfast · 1 bd · 1 ba · sleeps 2 · 0.5 mi
Revenue $10,245ADR $58Occ ≈ 48%5★ (130)
Redding Escape for Large Family #2
Townhouse · 3 bd · 2 ba · sleeps 6 · 0.5 mi
Revenue $31,261ADR $181Occ ≈ 47%4.9★ (224)
Master BR & bath, back entrance
House · 1 bd · 1 ba · sleeps 2 · 0.5 mi
Revenue $8,006ADR $61Occ ≈ 36%—
Blue Room @ Peace House/Walk to Bethel
Bed & Breakfast · 1 bd · 1 ba · sleeps 2 · 0.5 mi
Revenue $11,136ADR $53Occ ≈ 58%5★ (206)
Redding Escape for Large Family
Townhouse · 3 bd · 2 ba · sleeps 6 · 0.6 mi
Revenue $31,939ADR $176Occ ≈ 50%4.9★ (233)
Peace House - Master Suite with Private Bath
Bed & Breakfast · 1 bd · 1 ba · sleeps 2 · 0.6 mi
Revenue $5,600ADR $89Occ ≈ 17%5★ (10)
Charming Escape at Park Place - Cozy & Central
House · 3 bd · 2 ba · sleeps 8 · 0.6 mi
Revenue $49,296ADR $221Occ ≈ 61%4.8★ (38)
Comfortable Private Room
House · 1 bd · 1 ba · sleeps 1 · 0.7 mi
Revenue $8,627ADR $34Occ ≈ 70%5★ (81)
Master Bedroom/Private Bathroom
House · 1 bd · 1 ba · sleeps 1 · 0.7 mi
Revenue $7,745ADR $44Occ ≈ 48%4.8★ (9)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
TV, Central, Full Kitchen, Fast Wi-Fi, Laundry House | 1 bd · 1 ba · sleeps 2 | $15,924 | $55 | 79% | 5★ (366) | 0.4 mi | Airbnb |
Parkside 3BR Retreat • 2 Kings Beds • Near Bethel House | 3 bd · 2 ba · sleeps 6 | $28,338 | $194 | 40% | 4.8★ (6) | 0.4 mi | Airbnb |
Rogue River Stay House | 1 bd · 1 ba · sleeps 2 | $4,456 | $75 | 16% | 5★ (303) | 0.4 mi | Airbnb |
Centrally located with private entrance House | 1 bd · 1 ba · sleeps 2 | $17,560 | $66 | 73% | 4.9★ (290) | 0.5 mi | Airbnb |
House of miracles room #3 House | 1 bd · 1 ba · sleeps 2 | $8,613 | $50 | 47% | 4.8★ (8) | 0.5 mi | Airbnb |
Floral Room @ Peace House/Walk to Bethel Bed & Breakfast | 1 bd · 1 ba · sleeps 2 | $10,245 | $58 | 48% | 5★ (130) | 0.5 mi | Airbnb |
Redding Escape for Large Family #2 Townhouse | 3 bd · 2 ba · sleeps 6 | $31,261 | $181 | 47% | 4.9★ (224) | 0.5 mi | Airbnb |
Master BR & bath, back entrance House | 1 bd · 1 ba · sleeps 2 | $8,006 | $61 | 36% | — | 0.5 mi | Airbnb |
Blue Room @ Peace House/Walk to Bethel Bed & Breakfast | 1 bd · 1 ba · sleeps 2 | $11,136 | $53 | 58% | 5★ (206) | 0.5 mi | Airbnb |
🏡 The Artsy Abode ✨ Family Friendly w/ Hot Tub ♨️ House | 3 bd · 2 ba · sleeps 8 | $60,257 | $238 | 69% | 5★ (261) | 0.6 mi | AirbnbVrbo |
Modest luxury centrally located House | 3 bd · 2 ba · sleeps 6 | $41,653 | $358 | 32% | 4.8★ (54) | 0.6 mi | AirbnbVrbo |
Redding Escape for Large Family Townhouse | 3 bd · 2 ba · sleeps 6 | $31,939 | $176 | 50% | 4.9★ (233) | 0.6 mi | Airbnb |
Family Home | Fire Pit + Outdoor TV | Near Bethel House | 3 bd · 2 ba · sleeps 6 | $19,023 | $245 | 21% | 5★ (12) | 0.6 mi | AirbnbVrbo |
Peace House - Master Suite with Private Bath Bed & Breakfast | 1 bd · 1 ba · sleeps 2 | $5,600 | $89 | 17% | 5★ (10) | 0.6 mi | Airbnb |
Charming Escape at Park Place - Cozy & Central House | 3 bd · 2 ba · sleeps 8 | $49,296 | $221 | 61% | 4.8★ (38) | 0.6 mi | Airbnb |
Emerald House. Designer remodel. King bed. Central House | 3 bd · 2 ba · sleeps 6 | $48,045 | $221 | 60% | 4.8★ (394) | 0.7 mi | AirbnbVrbo |
Comfortable Private Room House | 1 bd · 1 ba · sleeps 1 | $8,627 | $34 | 70% | 5★ (81) | 0.7 mi | Airbnb |
Master Bedroom/Private Bathroom House | 1 bd · 1 ba · sleeps 1 | $7,745 | $44 | 48% | 4.8★ (9) | 0.7 mi | Airbnb |
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 7.78% = 7.03% Freddie Mac 30-yr avg (Sep 24) + 0.75% investor premium
Est. revenue
$19,234
NOI
$3,566
Cash flow /mo
-$861
Cash needed
$78,350
Cash-on-cash
-13.2%
ROE (yr 1)
-3.2%
Cap rate
1.7%
DSCR
0.26
Year-1 write-off
$54,618
Year-1 tax shield @ 32%
$17,478
Year-1 return on equity
- Cash flow (annual)-$10,337
- Principal paydown$1,407
- Appreciation at%$6,450
Opex, cash-needed & tax-savings breakdown
Annual operating expenses
- Management (20% of revenue)$3,847
- Platform fees (3% of revenue)$577
- Maintenance / capex (5% of revenue)$962
- Utilities & supplies$4,200
- HOA$2,460
- Property tax$2,688
- Insurance (STR-rated)$1,258
Cash needed to close
- Down payment (25%)$53,750
- Closing costs (4.0%)$8,600
- Furnishing (bought new)$16,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$17,478
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
$156,000
Short-life (5/15-yr)
$38,000 · 24%
Year-1 deduction
$55,000
Year-1 tax shield @ 32%
$17,000
Land 27% (county tax record, assessed value split) · building $118,000 over 39 years · new furniture $16,000
Based on: 960 sq ft, built 1983, 2 bd / 1.5 ba, unfurnished, listing features (flooring types).
IRS-guide safe-harbor floor: $40,000 in year 1 (15% short-life, $13,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $6,900
Kitchen cabinetsdefault
$7,900 new × 40% good × 2.19 allocation
- $5,700
Kitchen countertopsdefault
$6,500 new × 40% good × 2.19 allocation
- $1,500
Decorative trimdefault
$1,700 new × 40% good × 2.19 allocation
- $100
Mirrorsdefault
$200 new × 40% good × 2.19 allocation
- $800
Shelvingdefault
$900 new × 40% good × 2.19 allocation
- $2,200
Window coverings (10)default
$2,500 new × 40% good × 2.19 allocation
- $5,400
Carpet, vinyl & laminate (100% of floors)listing
$6,200 new × 40% good × 2.19 allocation
- $5,400
Kitchen & laundry equipment plumbingdefault
$6,200 new × 40% good × 2.19 allocation
- $3,200
Kitchen, laundry & data equipment electricaldefault
$3,700 new × 40% good × 2.19 allocation
- $7,100
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default
$8,100 new × 40% good × 2.19 allocation
- $16,000
Furniture bought newlisting
$16,000 new × 100% good · bought separately
- $90,800
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$103,800 new × 40% good × 2.19 allocation
- $9,400
Building plumbing & fixturesdefault
$10,700 new × 40% good × 2.19 allocation
- $8,300
Building electrical & lightingdefault
$9,400 new × 40% good × 2.19 allocation
- $9,500
HVACdefault
$10,800 new × 40% good × 2.19 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $54,200 | $0 | $400 | $54,600 |
| 2 | $0 | $0 | $3,000 | $3,000 |
| 3 | $0 | $0 | $3,000 | $3,000 |
| 4 | $0 | $0 | $3,000 | $3,000 |
| 5 | $0 | $0 | $3,000 | $3,000 |
| 6+ | $0 | $0 | $105,400 | $105,400 |
| Total | $54,200 | $0 | $117,900 | $172,100 |
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 and Georgia 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.