3334 Sunglow Dr
Redding, CA 96001
$369,000
3 bd · 2 ba · 1,516 sqft · Listed 20d ago
View on Realtor.com →Year built
1997
Sqft
1,516
Lot sqft
10,454
HOA / mo
$0
Furnished
No
List date
2026-09-09T18:54:24.000000Z
Revenue
Annual revenue
$42,739
ADR
$156
Occupancy
75%
Cleaning fees (12 mo)
$6,003
Confidence
Low (33.56), 21 comps
Comp revenue range (p25 / median / p75)
Hillside home with large deck in a woodsy area. Sleeps 8
House · 3 bd · 2 ba · sleeps 8 · 0.1 mi
Revenue $14,234ADR $229Occ ≈ 17%—
At Home in the Forest- Huge Deck-Sleeps 8
House · 3 bd · 2 ba · sleeps 8 · 0.4 mi
Revenue $12,013ADR $175Occ ≈ 19%4.8★ (11)
"Newly renovated Westside bungalow"
Bungalow · 3 bd · 1 ba · sleeps 4 · 1.7 mi
Revenue $39,072ADR $126Occ ≈ 85%5★ (167)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Hillside home with large deck in a woodsy area. Sleeps 8 House | 3 bd · 2 ba · sleeps 8 | $14,234 | $229 | 17% | — | 0.1 mi | Vrbo |
At Home in the Forest- Huge Deck-Sleeps 8 House | 3 bd · 2 ba · sleeps 8 | $12,013 | $175 | 19% | 4.8★ (11) | 0.4 mi | Airbnb |
Harmony Haven House | 3 bd · 2 ba · sleeps 6 | $31,144 | $172 | 50% | 4.7★ (141) | 0.4 mi | AirbnbBooking |
5 Mi to Sundial Bridge & River! Pet-Friendly Haven House | 3 bd · 2 ba · sleeps 8 | $19,051 | $453 | 12% | 4.5★ (2) | 1.0 mi | AirbnbVrboBooking |
Modern Home | Bright Spacious Full Kitchen Garage House | 3 bd · 2 ba · sleeps 6 | $53,849 | $181 | 82% | 4.8★ (130) | 1.2 mi | AirbnbVrboBooking |
Andes Restful Retreat House | 3 bd · 2.5 ba · sleeps 7 | $64,989 | $294 | 61% | 4.8★ (75) | 1.2 mi | AirbnbVrbo |
Bright Redding Getaway House | 3 bd · 2 ba · sleeps 6 | $37,182 | $201 | 51% | 5★ (25) | 1.4 mi | AirbnbVrbo |
Westside 3 bed + office/ 3 king beds/ trails! House | 3 bd · 3 ba · sleeps 9 | $40,556 | $237 | 47% | 5★ (14) | 1.5 mi | AirbnbVrbo |
The Trailhouse • Covered Deck🏖Views🌄 Foosball⚽️ House | 3 bd · 2 ba · sleeps 6 | $45,992 | $190 | 66% | 4.9★ (130) | 1.6 mi | AirbnbVrbo |
"Newly renovated Westside bungalow" Bungalow | 3 bd · 1 ba · sleeps 4 | $39,072 | $126 | 85% | 5★ (167) | 1.7 mi | Airbnb |
Show all 21 comps
Dragonfly Retreat
House · 3 bd · 2 ba · sleeps 6 · 1.8 mi
Revenue $3,047ADR $258Occ ≈ 3%4.5★ (2)
Redding Hillside Oasis with Pool!
House · 3 bd · 2 ba · sleeps 6 · 1.8 mi
Revenue $49,205ADR $203Occ ≈ 66%5★ (86)
Peaceful 3BR Near Hospitals, Trails, and Downtown
House · 3 bd · 2 ba · sleeps 4 · 2.0 mi
Revenue $8,234ADR $85Occ ≈ 27%—
Modern 3BR Extended Stay Retreat – 30+ Day
House · 3 bd · 2 ba · sleeps 6 · 2.1 mi
Revenue $5,302ADR $96Occ ≈ 15%4.8★ (29)
Updated-3 bd with garage - 30+ Day Rental
House · 3 bd · 2 ba · sleeps 6 · 2.1 mi
Revenue $16,381ADR $94Occ ≈ 48%5★ (2)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Vintage style house with amazing views of Lassen! House | 3 bd · 1.5 ba · sleeps 6 | $14,452 | $162 | 24% | 5★ (94) | 1.8 mi | AirbnbVrbo |
Dragonfly Retreat House | 3 bd · 2 ba · sleeps 6 | $3,047 | $258 | 3% | 4.5★ (2) | 1.8 mi | Airbnb |
Redding Hillside Oasis with Pool! House | 3 bd · 2 ba · sleeps 6 | $49,205 | $203 | 66% | 5★ (86) | 1.8 mi | Airbnb |
Summer Retreat | Best Pool by Mary Lake +EV Charge House | 3 bd · 2 ba · sleeps 8 | $89,470 | $299 | 82% | 5★ (111) | 1.9 mi | AirbnbVrboBooking |
{The Cessna Lookout} +Pool +Hot Tub +EV Charger House | 3 bd · 2.5 ba · sleeps 6 | $76,422 | $311 | 67% | 5★ (184) | 1.9 mi | AirbnbVrbo |
The Olive Get-Away | Pool💦 Game Room🏓 & BBQ♨️ House | 3 bd · 2 ba · sleeps 8 | $64,835 | $298 | 60% | 4.9★ (175) | 1.9 mi | AirbnbVrbo |
The Pineapple House *Best Reviews* Private Pool! House | 3 bd · 2 ba · sleeps 6 | $48,664 | $328 | 41% | 5★ (306) | 2.0 mi | AirbnbVrbo |
Peaceful 3BR Near Hospitals, Trails, and Downtown House | 3 bd · 2 ba · sleeps 4 | $8,234 | $85 | 27% | — | 2.0 mi | Airbnb |
Modern 3BR Extended Stay Retreat – 30+ Day House | 3 bd · 2 ba · sleeps 6 | $5,302 | $96 | 15% | 4.8★ (29) | 2.1 mi | Airbnb |
Updated-3 bd with garage - 30+ Day Rental House | 3 bd · 2 ba · sleeps 6 | $16,381 | $94 | 48% | 5★ (2) | 2.1 mi | Airbnb |
~Rest, Recreate and Refresh~ House | 3 bd · 1 ba · sleeps 6 | $38,612 | $164 | 65% | 4.8★ (399) | 2.1 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 7.78% = 7.03% Freddie Mac 30-yr avg (Sep 24) + 0.75% investor premium
Est. revenue
$42,739
NOI
$20,354
Cash flow /mo
-$292
Cash needed
$126,510
Cash-on-cash
-2.8%
ROE (yr 1)
7.9%
Cap rate
5.5%
DSCR
0.85
Year-1 write-off
$81,705
Year-1 tax shield @ 32%
$26,146
Year-1 return on equity
- Cash flow (annual)-$3,507
- Principal paydown$2,415
- Appreciation at%$11,070
Opex, cash-needed & tax-savings breakdown
Annual operating expenses
- Management (20% of revenue)$8,548
- Platform fees (3% of revenue)$1,282
- Maintenance / capex (5% of revenue)$2,137
- Utilities & supplies$4,200
- HOA$0
- Property tax$4,613
- Insurance (STR-rated)$2,159
Cash needed to close
- Down payment (25%)$92,250
- Closing costs (4.0%)$14,760
- Furnishing (bought new)$19,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$26,146
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
$270,000
Short-life (5/15-yr)
$62,000 · 23%
Year-1 deduction
$82,000
Year-1 tax shield @ 32%
$26,000
Land 27% (county tax record, assessed value split) · building $209,000 over 39 years · new furniture $20,000
Based on: 1,516 sq ft, built 1997, 3 bd / 2 ba, unfurnished, listing features (flooring types).
IRS-guide safe-harbor floor: $64,000 in year 1 (16% short-life, $20,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $7,200
Kitchen cabinetsdefault
$9,100 new × 40% good × 1.98 allocation
- $5,900
Kitchen countertopsdefault
$7,500 new × 40% good × 1.98 allocation
- $2,100
Decorative trimdefault
$2,700 new × 40% good × 1.98 allocation
- $200
Mirrorsdefault
$300 new × 40% good × 1.98 allocation
- $900
Shelvingdefault
$1,200 new × 40% good × 1.98 allocation
- $3,000
Window coverings (15)default
$3,800 new × 40% good × 1.98 allocation
- $7,700
Carpet, vinyl & laminate (100% of floors)listing
$9,800 new × 40% good × 1.98 allocation
- $5,900
Kitchen & laundry equipment plumbingdefault
$7,100 new × 42% good × 1.98 allocation
- $3,600
Kitchen, laundry & data equipment electricaldefault
$4,300 new × 42% good × 1.98 allocation
- $6,400
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default
$8,100 new × 40% good × 1.98 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $8,000
Paving: driveway & walks (paved)default
$8,100 new × 50% good × 1.98 allocation
- $7,700
Landscaping (typical)default
$7,800 new × 50% good × 1.98 allocation
- $1,500
Patiosdefault
$1,500 new × 50% good × 1.98 allocation
- $1,500
Decks & porches (attached)default
$1,500 new × 50% good × 1.98 allocation
- $167,600
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$164,100 new × 52% good × 1.98 allocation
- $14,100
Building plumbing & fixturesdefault
$17,000 new × 42% good × 1.98 allocation
- $13,700
Building electrical & lightingdefault
$16,500 new × 42% good × 1.98 allocation
- $13,500
HVACdefault
$17,100 new × 40% good × 1.98 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $62,400 | $18,600 | $700 | $81,700 |
| 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 | $186,800 | $186,800 |
| Total | $62,400 | $18,600 | $208,900 | $290,000 |
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.