890 Lincoln St
Redding, CA 96001
$385,000
3 bd · 2 ba · 1,244 sqft · Listed 1d ago
View on Realtor.com →Year built
1949
Sqft
1,244
Lot sqft
5,663
HOA / mo
$0
Furnished
No
List date
2026-10-30T20:18:23.000000Z
Revenue
Annual revenue
$23,233
ADR
$115
Occupancy
55%
Cleaning fees (12 mo)
$2,758
Confidence
Low (11.76), 14 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $35,292
Garden Tract Vintage Charmer 3 bd 2 bath - 30+ Day
House · 3 bd · 2 ba · sleeps 6 · 135 ft
Revenue $11,481ADR $116Occ ≈ 27%4.5★ (6)
Delisted
The Dandelion House in the Garden Tract Redding, California
House · 3 bd · 1.5 ba · sleeps 6 · 371 ft
- A/C
- Free parking
- Pets OK
- Wifi
- +2
Revenue $32,069ADR $155Occ ≈ 57%—
Central 3-bedroom house in Redding with Pool & Vintage Bar Room
House · 3 bd · 2.5 ba · sleeps 6 · 0.1 mi
- Pool
- A/C
- Free parking
- Pets OK
- +4
Revenue $35,292ADR $360Occ ≈ 27%5★ (11)
Comfortable and style, near downtown vibe, cafes, supermarket
Apartment · 3 bd · 1 ba · sleeps 6 · 0.2 mi
Revenue $11,132ADR $74Occ ≈ 41%—
Exquisite home w/ pool, large vintage bar & garage
House · 3 bd · 2.5 ba · sleeps 6 · 0.4 mi
- Pool
- A/C
- Free parking
- Pets OK
- +5
Revenue $39,194ADR $363Occ ≈ 30%4.8★ (80)
Mid-Century retreat with pool
House · 3 bd · 2 ba · sleeps 6 · 0.6 mi
Revenue $60,236ADR $225Occ ≈ 73%5★ (7)
Delisted
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Garden Tract Vintage Charmer 3 bd 2 bath - 30+ Day House | 3 bd · 2 ba · sleeps 6 | $11,481 | $116 | 27% | 4.5★ (6) | 135 ft | Delisted |
The Dandelion House in the Garden Tract Redding, California House
| 3 bd · 1.5 ba · sleeps 6 | $32,069 | $155 | 57% | — | 371 ft | Vrbo |
Central 3-bedroom house in Redding with Pool & Vintage Bar Room House
| 3 bd · 2.5 ba · sleeps 6 | $35,292 | $360 | 27% | 5★ (11) | 0.1 mi | Vrbo |
Comfortable and style, near downtown vibe, cafes, supermarket Apartment | 3 bd · 1 ba · sleeps 6 | $11,132 | $74 | 41% | — | 0.2 mi | Vrbo |
Mid-Century Home near downtown w/ Pool! House
| 3 bd · 2 ba · sleeps 6 | $60,354 | $265 | 62% | 4.8★ (359) | 0.2 mi | AirbnbVrbo |
Downtown Oasis || Style and Comfort House
| 3 bd · 1 ba · sleeps 6 | $65,845 | $223 | 81% | 5★ (570) | 0.3 mi | AirbnbVrbo |
Exquisite home w/ pool, large vintage bar & garage House
| 3 bd · 2.5 ba · sleeps 6 | $39,194 | $363 | 30% | 4.8★ (80) | 0.4 mi | Airbnb |
Mid-Century retreat with pool House | 3 bd · 2 ba · sleeps 6 | $60,236 | $225 | 73% | 5★ (7) | 0.6 mi | Delisted |
Chestnut Hill - a Downtown Charmer House | 3 bd · 1 ba · sleeps 6 | $4,203 | $545 | 2% | 4.8★ (34) | 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
Rate 7.99% = 7.24% Freddie Mac 30-yr avg (Oct 29) + 0.75% investor premium
Est. revenue
$23,233
NOI
$6,041
Cash flow /mo
-$1,613
Cash needed
$131,150
Cash-on-cash
-14.8%
ROE (yr 1)
-4.1%
Cap rate
1.6%
DSCR
0.24
Year-1 write-off
$102,277
Year-1 tax shield @ 32%
$32,729
Year-1 return on equity
- Cash flow (annual)-$19,360
- Principal paydown$2,417
- Appreciation at%$11,550
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)$4,647
- Platform fees (3% of revenue)$697
- Maintenance / capex (5% of revenue)$1,162
- Utilities & supplies$4,200
- HOA$0
- Property tax$4,813
- Insurance (STR-rated)$2,252
Cash needed to close
- Down payment (25%)$96,250
- Closing costs (4.0%)$15,400
- Furnishing (bought new)$19,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$32,729
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
$275,000
Short-life (5/15-yr)
$83,000 · 30%
Year-1 deduction
$102,000
Year-1 tax shield @ 32%
$33,000
Land 29% (county tax record, assessed value split) · building $192,000 over 39 years · new furniture $20,000
Based on: 1,244 sq ft, built 1949, 3 bd / 2 ba, unfurnished, listing features (patio, fence, flooring types).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $80,000 in year 1 (22% short-life, $26,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $9,100
Kitchen cabinetsdefault
$8,500 new × 40% good × 2.66 allocation
- $7,400
Kitchen countertopsdefault
$7,000 new × 40% good × 2.66 allocation
- $2,300
Decorative trimdefault
$2,200 new × 40% good × 2.66 allocation
- $300
Mirrorsdefault
$300 new × 40% good × 2.66 allocation
- $1,300
Shelvingdefault
$1,200 new × 40% good × 2.66 allocation
- $3,200
Window coverings (12)default
$3,000 new × 40% good × 2.66 allocation
- $2,800
Carpet, vinyl & laminate (33% of floors)listing
$2,700 new × 40% good × 2.66 allocation
- $7,100
Kitchen & laundry equipment plumbingdefault
$6,600 new × 40% good × 2.66 allocation
- $4,300
Kitchen, laundry & data equipment electricaldefault
$4,000 new × 40% good × 2.66 allocation
- $8,600
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default
$8,100 new × 40% good × 2.66 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $9,700
Paving: driveway & walks (paved)default
$7,300 new × 50% good × 2.66 allocation
- $9,400
Landscaping (typical)default
$7,000 new × 50% good × 2.66 allocation
- $7,400
Patioslisting
$5,600 new × 50% good × 2.66 allocation
- $1,600
Decks & porches (attached)default
$1,200 new × 50% good × 2.66 allocation
- $8,000
Fencinglisting
$6,000 new × 50% good × 2.66 allocation
- $143,100
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$134,400 new × 40% good × 2.66 allocation
- $14,900
Building plumbing & fixturesdefault
$14,000 new × 40% good × 2.66 allocation
- $13,900
Building electrical & lightingdefault
$13,000 new × 40% good × 2.66 allocation
- $14,900
HVACdefault
$14,000 new × 40% good × 2.66 allocation
- $5,700
Hardwood & tile floorsdefault
$5,300 new × 40% good × 2.66 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $65,900 | $36,200 | $200 | $102,300 |
| 2 | $0 | $0 | $4,900 | $4,900 |
| 3 | $0 | $0 | $4,900 | $4,900 |
| 4 | $0 | $0 | $4,900 | $4,900 |
| 5 | $0 | $0 | $4,900 | $4,900 |
| 6+ | $0 | $0 | $172,500 | $172,500 |
| Total | $65,900 | $36,200 | $192,400 | $294,500 |
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.