3410 Scenic Dr
Redding, CA 96001
$559,000
4 bd · 3 ba · 2,442 sqft · Listed 1d ago
View on Realtor.com →Year built
1967
Sqft
2,442
Lot sqft
12,197
HOA / mo
$0
Furnished
No
List date
2026-10-26T17:00:28.000000Z
Revenue
Annual revenue
$63,402
ADR
$300
Occupancy
58%
Cleaning fees (12 mo)
$9,390
Confidence
Med (58.25), 8 comps
Comp revenue range (p25 / median / p75)
Few similar-size comps were found, so all comps are shown.
Median revenue of shown comps: $64,794
Royal Oaks Cottage w/ direct park access
House · 3 bd · 2 ba · sleeps 7 · 0.2 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +1
Revenue $35,250ADR $147Occ ≈ 66%4.9★ (179)
Havilah-Midcentury Modern 3/3 home
House · 3 bd · 3 ba · sleeps 7 · 0.4 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +3
Revenue $30,383ADR $99Occ ≈ 84%4.5★ (8)
Westside Charmer Near Trails
House · 3 bd · 2 ba · sleeps 6 · 0.5 mi
Revenue $47,843ADR $253Occ ≈ 52%4.8★ (28)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
FAMILY FUN GETAWAY !! 🎱🏓RecRoom⚽️🕹 BBQ♨️FirePit House
| 4 bd · 3 ba · sleeps 10 | $59,463 | $336 | 48% | 4.8★ (202) | 0.1 mi | AirbnbVrbo |
Royal Oaks Cottage w/ direct park access House
| 3 bd · 2 ba · sleeps 7 | $35,250 | $147 | 66% | 4.9★ (179) | 0.2 mi | Airbnb |
Havilah-Midcentury Modern 3/3 home House
| 3 bd · 3 ba · sleeps 7 | $30,383 | $99 | 84% | 4.5★ (8) | 0.4 mi | Airbnb |
Redding Getaway w/ Hot Tub & Outdoor Kitchen! House
| 5 bd · 3 ba · sleeps 10 | $112,212 | $812 | 38% | 4.8★ (38) | 0.4 mi | AirbnbVrboBooking |
Westside Charmer Near Trails House | 3 bd · 2 ba · sleeps 6 | $47,843 | $253 | 52% | 4.8★ (28) | 0.5 mi | Airbnb |
|Riverside Retreat| Pool - Spa - River Trail House
| 3 bd · 2 ba · sleeps 8 | $79,217 | $332 | 65% | 4.9★ (192) | 0.6 mi | AirbnbVrbo |
Cozy 4bd House with Hot tub and Pool, Quiet Area House | 4 bd · 3 ba · sleeps 9 | $70,125 | $344 | 56% | 4.9★ (102) | 0.7 mi | AirbnbVrbo |
The Stratford | Pool/Hot Tub + Arcade + Airhockey! House
| 4 bd · 3 ba · sleeps 11 | $73,752 | $475 | 43% | 4.8★ (91) | 0.7 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
Est. revenue
$63,402
NOI
$32,030
Cash flow /mo
$2,669
Cash needed
$604,360
Cash-on-cash (all cash)
5.3%
ROE (yr 1)
8.1%
Cap rate
5.7%
DSCR
—
Year-1 write-off
$203,402
Year-1 tax shield @ 32%
$65,089
Year-1 return on equity
- Cash flow (annual)$32,030
- Principal paydown (n/a, cash)$0
- Appreciation at%$16,770
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)$12,680
- Platform fees (3% of revenue)$1,902
- Maintenance / capex (5% of revenue)$3,170
- Utilities & supplies$4,200
- HOA$0
- Property tax$7,450
- Insurance (STR-rated)$3,270
Cash needed to close
- Purchase price (all cash)$559,000
- Closing costs (4.0%)$22,360
- Furnishing (bought new)$23,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$65,089
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
$490,000
Short-life (5/15-yr)
$180,000 · 37%
Year-1 deduction
$203,000
Year-1 tax shield @ 32%
$65,000
Land 12% (county tax record, assessed value split) · building $310,000 over 39 years · new furniture $23,000
Based on: 2,442 sq ft, built 1967, 4 bd / 3 ba, unfurnished, listing features (pool, deck, fireplace, flooring types).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $151,000 in year 1 (26% short-life, $48,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $9,600
Kitchen cabinetsdefault
$11,200 new × 40% good × 2.15 allocation
- $7,800
Kitchen countertopsdefault
$9,100 new × 40% good × 2.15 allocation
- $3,700
Decorative trimdefault
$4,300 new × 40% good × 2.15 allocation
- $400
Mirrorsdefault
$500 new × 40% good × 2.15 allocation
- $1,300
Shelvingdefault
$1,500 new × 40% good × 2.15 allocation
- $5,200
Window coverings (24)default
$6,000 new × 40% good × 2.15 allocation
- $4,500
Carpet, vinyl & laminate (33% of floors)listing
$5,200 new × 40% good × 2.15 allocation
- $7,400
Kitchen & laundry equipment plumbingdefault
$8,700 new × 40% good × 2.15 allocation
- $4,500
Kitchen, laundry & data equipment electricaldefault
$5,200 new × 40% good × 2.15 allocation
- $7,000
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default
$8,100 new × 40% good × 2.15 allocation
- $23,000
Furniture bought newlisting
$23,000 new × 100% good · bought separately
- $11,000
Paving: driveway & walks (paved)default
$10,200 new × 50% good × 2.15 allocation
- $10,600
Landscaping (typical)default
$9,900 new × 50% good × 2.15 allocation
- $2,600
Patiosdefault
$2,400 new × 50% good × 2.15 allocation
- $29,500
Decks & porches (attached)listing
$27,500 new × 50% good × 2.15 allocation
- $69,800
Pool (in-ground)listing
$65,000 new × 50% good × 2.15 allocation
- $5,400
Gazebo / pergolalisting
$5,000 new × 50% good × 2.15 allocation
- $227,400
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$264,900 new × 40% good × 2.15 allocation
- $23,600
Building plumbing & fixturesdefault
$27,500 new × 40% good × 2.15 allocation
- $24,200
Building electrical & lightingdefault
$28,200 new × 40% good × 2.15 allocation
- $23,600
HVACdefault
$27,500 new × 40% good × 2.15 allocation
- $9,000
Hardwood & tile floorsdefault
$10,500 new × 40% good × 2.15 allocation
- $2,300
Fireplacelisting
$2,600 new × 40% good × 2.15 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $74,300 | $128,800 | $300 | $203,400 |
| 2 | $0 | $0 | $8,000 | $8,000 |
| 3 | $0 | $0 | $8,000 | $8,000 |
| 4 | $0 | $0 | $8,000 | $8,000 |
| 5 | $0 | $0 | $8,000 | $8,000 |
| 6+ | $0 | $0 | $278,000 | $278,000 |
| Total | $74,300 | $128,800 | $310,100 | $513,200 |
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.