3487 Incline Way
Redding, CA 96002
$511,000
3 bd · 2 ba · 1,830 sqft · Listed 1d ago
View on Realtor.com →Year built
2013
Sqft
1,830
Lot sqft
10,890
HOA / mo
$0
Furnished
No
List date
2026-10-18T20:23:15.000000Z
Revenue
Annual revenue
$31,536
ADR
$138
Occupancy
63%
Cleaning fees (12 mo)
$4,260
Confidence
Low (26.49), 13 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $21,909
LUXE Modern getaway retreat
House · 3 bd · 1.5 ba · sleeps 6 · 1.1 mi
Revenue $10,293ADR $155Occ ≈ 18%4.8★ (7)
Delisted
Calm, Cozy & Clean (5 beds + pooltable & foosball)
House · 3 bd · 1.5 ba · sleeps 7 · 1.3 mi
- Free parking
- Wifi
- Kitchen
- Washer
- +1
Revenue $33,641ADR $201Occ ≈ 46%5★ (203)
Ballpark
House · 3 bd · 2.5 ba · sleeps 6 · 1.4 mi
- A/C
- Free parking
- Pets OK
- Wifi
- +2
Revenue $7,730ADR $196Occ ≈ 11%—
Sweet Escape. Cozy, central, fireplace & Netflix.
House · 3 bd · 2 ba · sleeps 8 · 1.4 mi
- A/C
- Free parking
- Pets OK
- Wifi
- +3
Revenue $46,477ADR $162Occ ≈ 79%4.8★ (399)
Comfortable 30+ Day Stay – Perfect for Work/Travel
House · 3 bd · 2 ba · sleeps 8 · 1.5 mi
Revenue $15,418ADR $169Occ ≈ 25%4.8★ (6)
Charming 3BR SmartHome w WiFi Games Good Location!
House · 3 bd · 2 ba · sleeps 8 · 1.5 mi
Revenue $5,922ADR $423Occ ≈ 4%4.5★ (2)
GHouse@ Lilac | Redding (Airport) Her.Hauspitality
House · 3 bd · 2 ba · sleeps 6 · 1.6 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +1
Revenue $21,909ADR $142Occ ≈ 42%5★ (2)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Forest Homes Retreat House
| 3 bd · 2 ba · sleeps 6 | $40,656 | $291 | 38% | 5★ (53) | 0.9 mi | AirbnbVrbo |
LUXE Modern getaway retreat House | 3 bd · 1.5 ba · sleeps 6 | $10,293 | $155 | 18% | 4.8★ (7) | 1.1 mi | Delisted |
Calm, Cozy & Clean (5 beds + pooltable & foosball) House
| 3 bd · 1.5 ba · sleeps 7 | $33,641 | $201 | 46% | 5★ (203) | 1.3 mi | Airbnb |
Redding Poolside Retreat | Family & Pet Friendly House
| 3 bd · 2 ba · sleeps 6 | $62,679 | $231 | 74% | 4.8★ (163) | 1.3 mi | AirbnbVrbo |
Ballpark House
| 3 bd · 2.5 ba · sleeps 6 | $7,730 | $196 | 11% | — | 1.4 mi | Airbnb |
Sweet Escape. Cozy, central, fireplace & Netflix. House
| 3 bd · 2 ba · sleeps 8 | $46,477 | $162 | 79% | 4.8★ (399) | 1.4 mi | Airbnb |
Comfortable 30+ Day Stay – Perfect for Work/Travel House | 3 bd · 2 ba · sleeps 8 | $15,418 | $169 | 25% | 4.8★ (6) | 1.5 mi | Airbnb |
Charming 3BR SmartHome w WiFi Games Good Location! House | 3 bd · 2 ba · sleeps 8 | $5,922 | $423 | 4% | 4.5★ (2) | 1.5 mi | Airbnb |
Timber Haven- Cozy Nest w/Hot Tub & EV Charger House
| 3 bd · 2 ba · sleeps 6 | $52,876 | $220 | 66% | 5★ (213) | 1.5 mi | AirbnbVrbo |
GHouse@ Lilac | Redding (Airport) Her.Hauspitality House
| 3 bd · 2 ba · sleeps 6 | $21,909 | $142 | 42% | 5★ (2) | 1.6 mi | Airbnb |
Show 3 more
Cozy 3/2 Mid-Century Modern Home With Backyard
House · 3 bd · 2 ba · sleeps 6 · 1.9 mi
Revenue $7,931ADR $105Occ ≈ 21%4.8★ (8)
Delisted
Comfy home + great outside space - 30 day
House · 3 bd · 2.5 ba · sleeps 7 · 1.9 mi
Revenue $8,372ADR $87Occ ≈ 26%—
Delisted
Renovated Home - 3Bd/2Ba, Washer & Dryer
House · 3 bd · 2 ba · sleeps 6 · 2.0 mi
- A/C
- Free parking
- Pets OK
- Wifi
- +3
Revenue $52,578ADR $197Occ ≈ 73%5★ (183)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Cozy 3/2 Mid-Century Modern Home With Backyard House | 3 bd · 2 ba · sleeps 6 | $7,931 | $105 | 21% | 4.8★ (8) | 1.9 mi | Delisted |
Comfy home + great outside space - 30 day House | 3 bd · 2.5 ba · sleeps 7 | $8,372 | $87 | 26% | — | 1.9 mi | Delisted |
Renovated Home - 3Bd/2Ba, Washer & Dryer House
| 3 bd · 2 ba · sleeps 6 | $52,578 | $197 | 73% | 5★ (183) | 2.0 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 8.15% = 7.40% Freddie Mac 30-yr avg (Oct 15) + 0.75% investor premium
Est. revenue
$31,536
NOI
$9,896
Cash flow /mo
-$2,028
Cash needed
$167,690
Cash-on-cash
-14.5%
ROE (yr 1)
-3.5%
Cap rate
1.9%
DSCR
0.29
Year-1 write-off
$96,976
Year-1 tax shield @ 32%
$31,032
Year-1 return on equity
- Cash flow (annual)-$24,332
- Principal paydown$3,107
- Appreciation at%$15,330
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)$6,307
- Platform fees (3% of revenue)$946
- Maintenance / capex (5% of revenue)$1,577
- Utilities & supplies$4,200
- HOA$0
- Property tax$6,388
- Insurance (STR-rated)$2,989
Cash needed to close
- Down payment (25%)$127,750
- Closing costs (4.0%)$20,440
- Furnishing (bought new)$19,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$31,032
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
$406,000
Short-life (5/15-yr)
$77,000 · 19%
Year-1 deduction
$97,000
Year-1 tax shield @ 32%
$31,000
Land 21% (county tax record, assessed value split) · building $329,000 over 39 years · new furniture $20,000
Based on: 1,830 sq ft, built 2013, 3 bd / 2 ba, unfurnished, listing features (covered patio, fireplace, stone counters, flooring types).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $76,000 in year 1 (14% short-life, $24,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $7,800
Kitchen cabinetsdefault
$9,800 new × 48% good × 1.66 allocation
- $8,000
Kitchen countertops (stone)listing
$10,000 new × 48% good × 1.66 allocation
- $2,600
Decorative trimdefault
$3,200 new × 48% good × 1.66 allocation
- $200
Mirrorsdefault
$300 new × 40% good × 1.66 allocation
- $1,000
Shelvingdefault
$1,200 new × 48% good × 1.66 allocation
- $3,000
Window coverings (18)default
$4,500 new × 40% good × 1.66 allocation
- $3,900
Carpet, vinyl & laminate (50% of floors)listing
$5,900 new × 40% good × 1.66 allocation
- $9,400
Kitchen & laundry equipment plumbingdefault
$7,600 new × 74% good × 1.66 allocation
- $5,700
Kitchen, laundry & data equipment electricaldefault
$4,600 new × 74% good × 1.66 allocation
- $5,400
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default
$8,100 new × 40% good × 1.66 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $9,200
Paving: driveway & walks (paved)default
$11,100 new × 50% good × 1.66 allocation
- $7,100
Landscaping (typical)default
$8,500 new × 50% good × 1.66 allocation
- $12,500
Covered patiolisting
$15,100 new × 50% good × 1.66 allocation
- $1,500
Decks & porches (attached)default
$1,800 new × 50% good × 1.66 allocation
- $258,000
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$198,500 new × 78% good × 1.66 allocation
- $25,300
Building plumbing & fixturesdefault
$20,600 new × 74% good × 1.66 allocation
- $25,100
Building electrical & lightingdefault
$20,500 new × 74% good × 1.66 allocation
- $13,700
HVACdefault
$20,600 new × 40% good × 1.66 allocation
- $4,700
Hardwood & tile floorsdefault
$5,900 new × 48% good × 1.66 allocation
- $2,100
Fireplacelisting
$2,600 new × 48% good × 1.66 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $66,300 | $30,300 | $400 | $97,000 |
| 2 | $0 | $0 | $8,400 | $8,400 |
| 3 | $0 | $0 | $8,400 | $8,400 |
| 4 | $0 | $0 | $8,400 | $8,400 |
| 5 | $0 | $0 | $8,400 | $8,400 |
| 6+ | $0 | $0 | $294,800 | $294,800 |
| Total | $66,300 | $30,300 | $328,800 | $425,500 |
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.