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19219 Nike Ct

19219 Nike Ct

Redding, CA 96003

$580,000

3 bd · 2 ba · 1,767 sqft · Listed 1d ago

View on Realtor.com →
Low confidence

Year built

2000

Sqft

1,767

Lot sqft

21,344

HOA / mo

$0

Furnished

No

List date

2026-10-29T15:42:35.000000Z

Revenue

Annual revenue

$39,389

ADR

$149

Occupancy

72%

Cleaning fees (12 mo)

$5,903

Confidence

Low (38.76), 11 comps

Comp revenue range (p25 / median / p75)

$20,962$40,118$50,474

Median revenue of shown comps: $43,490

  • Peaceful Home on a Hill with Porch View

    House · 3 bd · 2 ba · sleeps 7 · 0.2 mi

    Revenue $17,689ADR $143Occ ≈ 34%4.8★ (11)

    Airbnb

  • Delightful Modern Home, Fireplace, Designers Touch

    House · 3 bd · 2 ba · sleeps 6 · 0.3 mi

    Revenue $41,623ADR $202Occ ≈ 56%4.9★ (94)

    Delisted

  • *New* Overflow 96 | Pool - Hot tub - Central!

    House · 3 bd · 2 ba · sleeps 10 · 0.5 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +3

    Revenue $65,490ADR $301Occ ≈ 60%4.9★ (45)

    AirbnbVrbo

  • Family Friendly close to I-5

    House · 3 bd · 2 ba · sleeps 8 · 0.6 mi

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

    Revenue $45,357ADR $170Occ ≈ 73%4.9★ (331)

    Airbnb

  • | Mountain Trio | !VIEWS! Heated Pool & Spacious!

    House · 3 bd · 2.5 ba · sleeps 8 · 0.6 mi

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

    Revenue $82,543ADR $381Occ ≈ 59%5★ (195)

    AirbnbVrbo

  • Chic Modern GEM - Spacious & Bright, Walk 2 Bethel

    House · 3 bd · 2 ba · sleeps 7 · 0.6 mi

    • A/C
    • Free parking
    • Wifi
    • Kitchen
    • +2

    Revenue $40,118ADR $201Occ ≈ 55%4.9★ (296)

    AirbnbVrbo

  • Country Oak OASIS With Pool

    House · 3 bd · 2 ba · sleeps 6 · 0.7 mi

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

    Revenue $24,235ADR $136Occ ≈ 49%—

    Airbnb

  • *The DREAM HOUSE* SWIMSPA JACUZZI, #1 HOME in RDD

    House · 3 bd · 2 ba · sleeps 6 · 0.7 mi

    Revenue $55,591ADR $288Occ ≈ 53%5★ (225)

    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

Financing
Management

Est. revenue

$39,389

NOI

$14,387

Cash flow /mo

$1,199

Cash needed

$622,700

Cash-on-cash (all cash)

2.3%

ROE (yr 1)

5.1%

Cap rate

2.5%

DSCR

—

Year-1 write-off

$181,219

Year-1 tax shield @ 32%

$57,990

Year-1 return on equity

  • Cash flow (annual)$14,387
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$17,400
ROE5.1%

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)$7,878
  • Platform fees (3% of revenue)$1,182
  • Maintenance / capex (5% of revenue)$1,969
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$7,428
  • Insurance (STR-rated)$3,393

Cash needed to close

  • Purchase price (all cash)$580,000
  • Closing costs (4.0%)$23,200
  • Furnishing (bought new)$19,500

Tax savings if the STR loophole applies

  • Tax shield @ 32%$57,990

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)

$161,000 · 33%

Year-1 deduction

$181,000

Year-1 tax shield @ 32%

$58,000

Land 16% (county tax record, assessed value split) · building $329,000 over 39 years · new furniture $20,000

Based on: 1,767 sq ft, built 2000, 3 bd / 2 ba, unfurnished, listing features (pool, fireplace, flooring types).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $158,000 in year 1 (28% short-life, $50,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$77,900

  • Kitchen cabinetsdefault

    $9,700 new × 40% good × 2.41 allocation

    $9,300

  • Kitchen countertopsdefault

    $7,900 new × 40% good × 2.41 allocation

    $7,600

  • Decorative trimdefault

    $3,100 new × 40% good × 2.41 allocation

    $3,000

  • Mirrorsdefault

    $300 new × 40% good × 2.41 allocation

    $300

  • Shelvingdefault

    $1,200 new × 40% good × 2.41 allocation

    $1,200

  • Window coverings (18)default

    $4,500 new × 40% good × 2.41 allocation

    $4,300

  • Carpet, vinyl & laminate (100% of floors)listing

    $11,400 new × 40% good × 2.41 allocation

    $10,900

  • Kitchen & laundry equipment plumbingdefault

    $7,500 new × 48% good × 2.41 allocation

    $8,700

  • Kitchen, laundry & data equipment electricaldefault

    $4,500 new × 48% good × 2.41 allocation

    $5,300

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

    $8,100 new × 40% good × 2.41 allocation

    $7,800

  • Furniture bought newlisting

    $19,500 new × 100% good · bought separately

    $19,500
15-year land improvements$103,000

  • Paving: driveway & walks (paved)default

    $8,700 new × 50% good × 2.41 allocation

    $10,500

  • Landscaping (typical)default

    $8,400 new × 50% good × 2.41 allocation

    $10,100

  • Patiosdefault

    $1,700 new × 50% good × 2.41 allocation

    $2,100

  • Decks & porches (attached)default

    $1,700 new × 50% good × 2.41 allocation

    $2,100

  • Pool (in-ground)listing

    $65,000 new × 50% good × 2.41 allocation

    $78,200
Building, 39-year$328,600

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

    $191,600 new × 57% good × 2.41 allocation

    $261,300

  • Building plumbing & fixturesdefault

    $19,900 new × 48% good × 2.41 allocation

    $23,000

  • Building electrical & lightingdefault

    $19,700 new × 48% good × 2.41 allocation

    $22,700

  • HVACdefault

    $19,900 new × 40% good × 2.41 allocation

    $19,200

  • Fireplacelisting

    $2,600 new × 40% good × 2.41 allocation

    $2,500

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$77,900$103,000$400$181,200
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$294,600$294,600
Total$77,900$103,000$328,600$509,500

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.