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1805 Yahi Ln

1805 Yahi Ln

Redding, CA 96002

$375,000

3 bd · 2 ba · 1,522 sqft · Listed 6d ago

View on Realtor.com →
Low confidence

Year built

1990

Sqft

1,522

Lot sqft

7,841

HOA / mo

$0

Furnished

No

List date

2026-09-23T16:20:59.000000Z

Revenue

Annual revenue

$26,931

ADR

$108

Occupancy

68%

Cleaning fees (12 mo)

$3,561

Confidence

Low (-21.78), 6 comps

Comp revenue range (p25 / median / p75)

$3,853$8,322$36,252

  • Cozy 3/2 Mid-Century Modern Home With Backyard

    House · 3 bd · 2 ba · sleeps 6 · 0.2 mi

    Revenue $10,721ADR $101Occ ≈ 29%4.8★ (8)

    Airbnb

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

    House · 3 bd · 2 ba · sleeps 6 · 0.5 mi

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

    Airbnb

  • Desert Chic Meets California Cool in Redding

    House · 3 bd · 2 ba · sleeps 6 · 0.5 mi

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

    Airbnb

  • Charming 3BR SmartHome w WiFi Games Good Location!

    House · 3 bd · 2 ba · sleeps 8 · 0.5 mi

    Revenue $5,922ADR $423Occ ≈ 4%4.5★ (2)

    AirbnbVrbo

  • The Reservoir Home 3BR near Pickleball

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

    Revenue $867ADR $123Occ ≈ 2%—

    Airbnb

  • Redding Poolside Retreat | Family & Pet Friendly

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

    Revenue $63,449ADR $238Occ ≈ 73%4.8★ (157)

    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

Est. revenue

$26,931

NOI

$8,872

Cash flow /mo

$739

Cash needed

$409,500

Cash-on-cash (all cash)

2.2%

ROE (yr 1)

4.9%

Cap rate

2.4%

DSCR

—

Year-1 write-off

$111,208

Year-1 tax shield @ 32%

$35,587

Year-1 return on equity

  • Cash flow (annual)$8,872
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$11,250
ROE4.9%
ROE incl. year-1 tax savings (32% bracket, STR loophole)13.6%
Opex, cash-needed & tax-savings breakdown

Annual operating expenses

  • Management (20% of revenue)$5,386
  • Platform fees (3% of revenue)$808
  • Maintenance / capex (5% of revenue)$1,347
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$4,688
  • Insurance (STR-rated)$2,194

Cash needed to close

  • Purchase price (all cash)$375,000
  • Closing costs (4.0%)$15,000
  • Furnishing (bought new)$19,500

Tax savings if the STR loophole applies

  • Tax shield @ 32%$35,587

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

$300,000

Short-life (5/15-yr)

$91,000 · 30%

Year-1 deduction

$111,000

Year-1 tax shield @ 32%

$36,000

Land 20% (county tax record, assessed value split) · building $209,000 over 39 years · new furniture $20,000

Based on: 1,522 sq ft, built 1990, 3 bd / 2 ba, unfurnished, listing features (covered patio, fence, fireplace, flooring types).

IRS-guide safe-harbor floor: $90,000 in year 1 (23% short-life, $29,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$68,100

  • Kitchen cabinetsdefault

    $9,100 new × 40% good × 2.36 allocation

    $8,600

  • Kitchen countertopsdefault

    $7,500 new × 40% good × 2.36 allocation

    $7,100

  • Decorative trimdefault

    $2,700 new × 40% good × 2.36 allocation

    $2,500

  • Mirrorsdefault

    $300 new × 40% good × 2.36 allocation

    $300

  • Shelvingdefault

    $1,200 new × 40% good × 2.36 allocation

    $1,100

  • Window coverings (15)default

    $3,800 new × 40% good × 2.36 allocation

    $3,500

  • Carpet, vinyl & laminate (75% of floors)listing

    $7,300 new × 40% good × 2.36 allocation

    $6,900

  • Kitchen & laundry equipment plumbingdefault

    $7,100 new × 40% good × 2.36 allocation

    $6,700

  • Kitchen, laundry & data equipment electricaldefault

    $4,300 new × 40% good × 2.36 allocation

    $4,100

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

    $8,100 new × 40% good × 2.36 allocation

    $7,700

  • Furniture bought newlisting

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

    $19,500
15-year land improvements$42,500

  • Paving: driveway & walks (paved)default

    $8,100 new × 50% good × 2.36 allocation

    $9,600

  • Landscaping (typical)default

    $7,800 new × 50% good × 2.36 allocation

    $9,200

  • Covered patiolisting

    $12,600 new × 50% good × 2.36 allocation

    $14,800

  • Decks & porches (attached)default

    $1,500 new × 50% good × 2.36 allocation

    $1,800

  • Fencinglisting

    $6,000 new × 50% good × 2.36 allocation

    $7,100
Building, 39-year$208,700

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

    $164,800 new × 40% good × 2.36 allocation

    $155,800

  • Building plumbing & fixturesdefault

    $17,100 new × 40% good × 2.36 allocation

    $16,200

  • Building electrical & lightingdefault

    $16,600 new × 40% good × 2.36 allocation

    $15,700

  • HVACdefault

    $17,100 new × 40% good × 2.36 allocation

    $16,200

  • Hardwood & tile floorsdefault

    $2,400 new × 40% good × 2.36 allocation

    $2,300

  • Fireplacelisting

    $2,600 new × 40% good × 2.36 allocation

    $2,500

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$68,100$42,500$700$111,200
2$0$0$5,400$5,400
3$0$0$5,400$5,400
4$0$0$5,400$5,400
5$0$0$5,400$5,400
6+$0$0$186,600$186,600
Total$68,100$42,500$208,700$319,200

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 and Georgia 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.