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Rate 8.03% = 7.28% Freddie Mac 30-yr avg (Oct 1) + 0.75% investor premium

107 Village Dr

107 Village Dr

Redding, CA 96001

$589,000

3 bd · 3 ba · 1,520 sqft · Listed 1d ago

View on Realtor.com →
Low confidenceHigh HOANegative cash flow

Year built

1964

Sqft

1,520

Lot sqft

3,920

HOA / mo

$550

Furnished

No

List date

2026-10-02T21:47:31.000000Z

Revenue

Annual revenue

$41,775

ADR

$181

Occupancy

63%

Cleaning fees (12 mo)

$5,597

Confidence

Low (30.41), 50 comps

Comp revenue range (p25 / median / p75)

$17,489$35,817$48,509

Median revenue of shown comps: $36,804

  • Mid-Century retreat with pool

    House · 3 bd · 2 ba · sleeps 6 · 0.4 mi

    Revenue $58,779ADR $225Occ ≈ 72%5★ (7)

    Airbnb

  • Exquisite home w/ pool, large vintage bar & garage

    House · 3 bd · 2.5 ba · sleeps 6 · 0.7 mi

    Revenue $41,622ADR $342Occ ≈ 33%4.8★ (80)

    Airbnb

  • Mid-Century Home near downtown w/ Pool!

    House · 3 bd · 2 ba · sleeps 6 · 0.8 mi

    Revenue $60,562ADR $267Occ ≈ 62%4.8★ (355)

    AirbnbVrbo

  • Family Home | Fire Pit + Outdoor TV | Near Bethel

    House · 3 bd · 2 ba · sleeps 6 · 0.8 mi

    Revenue $19,023ADR $245Occ ≈ 21%5★ (12)

    AirbnbVrbo

  • Garden Tract Vintage Charmer 3 bd 2 bath - 30+ Day

    House · 3 bd · 2 ba · sleeps 6 · 0.8 mi

    Revenue $7,056ADR $115Occ ≈ 17%4.5★ (6)

    Airbnb

  • Central 3-bedroom house in Redding with Pool & Vintage Bar Room

    House · 3 bd · 2.5 ba · sleeps 6 · 0.8 mi

    Revenue $37,838ADR $358Occ ≈ 29%4.9★ (9)

    Vrbo

  • Charming Escape at Park Place - Cozy & Central

    House · 3 bd · 2 ba · sleeps 8 · 1.0 mi

    Revenue $49,296ADR $221Occ ≈ 61%4.8★ (38)

    Airbnb

  • Pineland Getaway ~ 4 Queens, 2 Twins

    Vacation home · 3 bd · 2 ba · sleeps 6 · 1.0 mi

    Revenue $40,234ADR $200Occ ≈ 55%4.8★ (103)

    AirbnbVrbo

  • Emerald House. Designer remodel. King bed. Central

    House · 3 bd · 2 ba · sleeps 6 · 1.1 mi

    Revenue $48,045ADR $221Occ ≈ 60%4.8★ (394)

    AirbnbVrbo

  • Quaint, quiet, and centrally located near Bethel!

    House · 3 bd · 2 ba · sleeps 7 · 1.1 mi

    Revenue $5,693ADR $96Occ ≈ 16%4.8★ (78)

    Airbnb

Show 38 more
  • Condo w/Movie Room, Offices, Views, Pool & Hot tub

    House · 3 bd · 4 ba · sleeps 6 · 1.1 mi

    Revenue $10,966ADR $156Occ ≈ 19%—

    Airbnb

  • * * *Pineland Place* * *

    House · 3 bd · 2 ba · sleeps 6 · 1.1 mi

    Revenue $53,177ADR $222Occ ≈ 66%4.9★ (174)

    AirbnbVrbo

  • Downtown Getaway - beautiful historic craftsman

    House · 3 bd · 2 ba · sleeps 7 · 1.2 mi

    Revenue $46,790ADR $172Occ ≈ 75%5★ (145)

    Airbnb

  • * * *Carpenter Lane* * *

    House · 3 bd · 2 ba · sleeps 6 · 1.2 mi

    Revenue $56,514ADR $206Occ ≈ 75%4.9★ (225)

    AirbnbVrbo

  • Redding Escape for Large Family #2

    Townhouse · 3 bd · 2 ba · sleeps 6 · 1.2 mi

    Revenue $31,261ADR $181Occ ≈ 47%4.9★ (224)

    Airbnb

  • Peaceful Family Hideaway, Private Fenced Yard

    House · 3 bd · 2.5 ba · sleeps 6 · 1.2 mi

    Revenue $81,745ADR $258Occ ≈ 87%5★ (124)

    AirbnbVrbo

  • Redding Escape for Large Family

    Townhouse · 3 bd · 2 ba · sleeps 6 · 1.3 mi

    Revenue $31,939ADR $176Occ ≈ 50%4.9★ (233)

    Airbnb

  • The Songbird 99

    Vacation home · 3 bd · 2 ba · sleeps 6 · 1.3 mi

    Revenue $94,871ADR $315Occ ≈ 83%5★ (5)

    Booking

  • Parkside 3BR Retreat • 2 Kings Beds • Near Bethel

    House · 3 bd · 2 ba · sleeps 6 · 1.3 mi

    Revenue $28,338ADR $194Occ ≈ 40%4.8★ (6)

    Airbnb

  • House of Favor, King Bed + 4Twins,Close to Bethel

    House · 3 bd · 2 ba · sleeps 6 · 1.3 mi

    Revenue $10,693ADR $183Occ ≈ 16%4.7★ (376)

    AirbnbVrboBooking

  • Pool, Fire Pit, Pets OK, EV, Yard Games

    House · 3 bd · 2 ba · sleeps 6 · 1.3 mi

    Revenue $83,874ADR $275Occ ≈ 84%5★ (82)

    AirbnbVrbo

  • Riverfront Redding Retreat | Fireplace, AC, WiFi

    House · 3 bd · 2 ba · sleeps 6 · 1.4 mi

    Revenue $27,207ADR $170Occ ≈ 44%5★ (5)

    AirbnbVrboBooking

  • Renovated 3-Bedroom Mid Century Home

    House · 3 bd · 2 ba · sleeps 6 · 1.4 mi

    Revenue $17,480ADR $231Occ ≈ 21%4.3★ (4)

    AirbnbVrbo

  • Old-Time Country Getaway in Redding

    Townhouse · 3 bd · 2.5 ba · sleeps 8 · 1.4 mi

    Revenue $32,431ADR $160Occ ≈ 56%4.9★ (135)

    Airbnb

  • Woodhill Estate*Walk by the River, Big yard!

    House · 3 bd · 2 ba · sleeps 6 · 1.4 mi

    Revenue $44,667ADR $152Occ ≈ 81%4.8★ (195)

    Airbnb

  • Modest luxury centrally located

    House · 3 bd · 2 ba · sleeps 6 · 1.4 mi

    Revenue $41,653ADR $358Occ ≈ 32%4.8★ (54)

    AirbnbVrbo

  • Relaxing Home 15 mins to Lake

    House · 3 bd · 2.5 ba · sleeps 6 · 1.4 mi

    Revenue $35,026ADR $131Occ ≈ 73%4.9★ (36)

    Airbnb

  • 🏡 The Artsy Abode ✨ Family Friendly w/ Hot Tub ♨️

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

    Revenue $60,257ADR $238Occ ≈ 69%5★ (261)

    AirbnbVrbo

  • Cozy Redding Home Close to Just About Everything

    House · 3 bd · 2.5 ba · sleeps 8 · 1.4 mi

    Revenue $20,579ADR $135Occ ≈ 42%4.8★ (181)

    Airbnb

  • Large Redding Home Away From Home

    House · 3 bd · 2.5 ba · sleeps 8 · 1.4 mi

    Revenue $29,081ADR $133Occ ≈ 60%4.9★ (146)

    Airbnb

  • Oh Joy! 3 beds 2 baths Organic Avocado mattress

    House · 3 bd · 2 ba · sleeps 6 · 1.4 mi

    Revenue $36,607ADR $207Occ ≈ 48%4.7★ (46)

    AirbnbBooking

  • Spacious Cozy Redding Home

    House · 3 bd · 2.5 ba · sleeps 10 · 1.4 mi

    Revenue $4,680ADR $130Occ ≈ 10%4.8★ (88)

    Airbnb

  • Warm and Cozy Redding Home

    House · 3 bd · 2.5 ba · sleeps 8 · 1.5 mi

    Revenue $37,000ADR $141Occ ≈ 72%4.9★ (230)

    Airbnb

  • Gorgeous Home With A View - 2 Min. to Bethel

    House · 3 bd · 4 ba · sleeps 6 · 1.5 mi

    Revenue $21,835ADR $322Occ ≈ 19%5★ (10)

    AirbnbVrbo

  • *Wow A Slice of Heaven Get Away

    House · 3 bd · 2 ba · sleeps 6 · 1.5 mi

    Revenue $604ADR $151Occ ≈ 1%—

    Airbnb

  • The Watercress*walk by the river play in the park!

    House · 3 bd · 2 ba · sleeps 6 · 1.5 mi

    Revenue $45,772ADR $164Occ ≈ 76%4.8★ (217)

    Airbnb

  • Beautiful Home w/ Hot Tub & Pool

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

    Revenue $82,489ADR $390Occ ≈ 58%4.8★ (133)

    AirbnbVrbo

  • * WOW* A Slice of Heaven GetAway 4 beds

    House · 3 bd · 2 ba · sleeps 6 · 1.6 mi

    Revenue $20,884ADR $131Occ ≈ 44%5★ (8)

    AirbnbVrbo

  • “The Lion’s Keep”, Entire 3/2 residential home

    House · 3 bd · 2 ba · sleeps 6 · 1.6 mi

    Revenue $44,762ADR $171Occ ≈ 72%5★ (91)

    Airbnb

  • Desert Chic Meets California Cool in Redding

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

    Revenue $3,163ADR $210Occ ≈ 4%1★ (1)

    Airbnb

  • Kingsview Luxury above the city 1 King 2 Queens

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

    Revenue $105,338ADR $417Occ ≈ 69%4.9★ (81)

    AirbnbVrbo

  • The Wilshire House-Redding, Ca

    House · 3 bd · 2 ba · sleeps 6 · 1.8 mi

    Revenue $7,131ADR $335Occ ≈ 6%5★ (3)

    Airbnb

  • The Reservoir Home 3BR near Pickleball

    House · 3 bd · 2 ba · sleeps 7 · 1.8 mi

    Revenue $867ADR $123Occ ≈ 2%—

    Airbnb

  • The Pineapple House *Best Reviews* Private Pool!

    House · 3 bd · 2 ba · sleeps 6 · 1.9 mi

    Revenue $48,664ADR $328Occ ≈ 41%5★ (306)

    AirbnbVrbo

  • Secure Garage • Central AC • W/D • No Animals

    House · 3 bd · 2 ba · sleeps 6 · 2.0 mi

    Revenue $17,515ADR $303Occ ≈ 16%4.8★ (45)

    AirbnbVrboBooking

  • {Casi⚜️Cielo} Tranquil getaway near Bethel & Shasta

    House · 3 bd · 2 ba · sleeps 7 · 2.0 mi

    Revenue $10,774ADR $114Occ ≈ 26%4.7★ (55)

    AirbnbVrbo

  • The Cottage w/ a garden view

    House · 3 bd · 2 ba · sleeps 6 · 2.0 mi

    Revenue $57,784ADR $192Occ ≈ 82%5★ (1060)

    Airbnb

  • Modern - Meets Magnolia Farmhouse | Walk to Bethel

    House · 3 bd · 2 ba · sleeps 6 · 2.1 mi

    Revenue $38,314ADR $198Occ ≈ 53%4.8★ (228)

    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
Term

Rate 8.03% = 7.28% Freddie Mac 30-yr avg (Oct 1) + 0.75% investor premium

Est. revenue

$41,775

NOI

$9,353

Cash flow /mo

-$2,471

Cash needed

$190,310

Cash-on-cash

-15.6%

ROE (yr 1)

-4.4%

Cap rate

1.6%

DSCR

0.24

Year-1 write-off

$93,309

Year-1 tax shield @ 32%

$29,859

Year-1 return on equity

  • Cash flow (annual)-$29,654
  • Principal paydown$3,668
  • Appreciation at%$17,670
ROE-4.4%

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)$8,355
  • Platform fees (3% of revenue)$1,253
  • Maintenance / capex (5% of revenue)$2,089
  • Utilities & supplies$4,200
  • HOA$6,600
  • Property tax$7,363
  • Insurance (STR-rated)$3,446

Cash needed to close

  • Down payment (25%)$147,250
  • Closing costs (4.0%)$23,560
  • Furnishing (bought new)$19,500

Tax savings if the STR loophole applies

  • Tax shield @ 32%$29,859

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

$403,000

Short-life (5/15-yr)

$73,000 · 18%

Year-1 deduction

$93,000

Year-1 tax shield @ 32%

$30,000

Land 32% (county tax record, assessed value split) · building $330,000 over 39 years · new furniture $20,000

Based on: 1,520 sq ft, built 1964, 3 bd / 3 ba, unfurnished, listing features (flooring types).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $62,000 in year 1 (10% short-life, $20,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$93,000
  • Kitchen cabinetsdefault

    $9,100 new × 40% good × 3.74 allocation

    $13,700
  • Kitchen countertopsdefault

    $7,500 new × 40% good × 3.74 allocation

    $11,200
  • Decorative trimdefault

    $2,700 new × 40% good × 3.74 allocation

    $4,000
  • Mirrorsdefault

    $500 new × 40% good × 3.74 allocation

    $700
  • Shelvingdefault

    $1,200 new × 40% good × 3.74 allocation

    $1,800
  • Window coverings (15)default

    $3,800 new × 40% good × 3.74 allocation

    $5,600
  • Carpet, vinyl & laminate (50% of floors)listing

    $4,900 new × 40% good × 3.74 allocation

    $7,300
  • Kitchen & laundry equipment plumbingdefault

    $7,100 new × 40% good × 3.74 allocation

    $10,600
  • Kitchen, laundry & data equipment electricaldefault

    $4,300 new × 40% good × 3.74 allocation

    $6,400
  • Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default

    $8,100 new × 40% good × 3.74 allocation

    $12,100
  • Furniture bought newlisting

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

    $19,500
Building, 39-year$329,500
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $164,400 new × 40% good × 3.74 allocation

    $246,200
  • Building plumbing & fixturesdefault

    $17,100 new × 40% good × 3.74 allocation

    $25,600
  • Building electrical & lightingdefault

    $16,500 new × 40% good × 3.74 allocation

    $24,800
  • HVACdefault

    $17,100 new × 40% good × 3.74 allocation

    $25,600
  • Hardwood & tile floorsdefault

    $4,900 new × 40% good × 3.74 allocation

    $7,300

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$93,000$0$400$93,300
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$295,400$295,400
Total$93,000$0$329,500$422,500

The building's share of the price ($403,000) is 3.7x our depreciated replacement cost of the home ($108,000). The IRS guide treats a gap this size as a reason to review the land share: if land is worth more than the county ratio says, the basis and the write-off are smaller.

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.