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3334 Sunglow Dr

3334 Sunglow Dr

Redding, CA 96001

$369,000

3 bd · 2 ba · 1,516 sqft · Listed 20d ago

View on Realtor.com →
Low confidence

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)

$14,452$38,612$49,205
  • 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%—

    Vrbo

  • 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)

    Airbnb

  • Harmony Haven

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

    Revenue $31,144ADR $172Occ ≈ 50%4.7★ (141)

    AirbnbBooking

  • 5 Mi to Sundial Bridge & River! Pet-Friendly Haven

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

    Revenue $19,051ADR $453Occ ≈ 12%4.5★ (2)

    AirbnbVrboBooking

  • Modern Home | Bright Spacious Full Kitchen Garage

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

    Revenue $53,849ADR $181Occ ≈ 82%4.8★ (130)

    AirbnbVrboBooking

  • Andes Restful Retreat

    House · 3 bd · 2.5 ba · sleeps 7 · 1.2 mi

    Revenue $64,989ADR $294Occ ≈ 61%4.8★ (75)

    AirbnbVrbo

  • Bright Redding Getaway

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

    Revenue $37,182ADR $201Occ ≈ 51%5★ (25)

    AirbnbVrbo

  • Westside 3 bed + office/ 3 king beds/ trails!

    House · 3 bd · 3 ba · sleeps 9 · 1.5 mi

    Revenue $40,556ADR $237Occ ≈ 47%5★ (14)

    AirbnbVrbo

  • The Trailhouse • Covered Deck🏖Views🌄 Foosball⚽️

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

    Revenue $45,992ADR $190Occ ≈ 66%4.9★ (130)

    AirbnbVrbo

  • "Newly renovated Westside bungalow"

    Bungalow · 3 bd · 1 ba · sleeps 4 · 1.7 mi

    Revenue $39,072ADR $126Occ ≈ 85%5★ (167)

    Airbnb

Show all 21 comps
  • Vintage style house with amazing views of Lassen!

    House · 3 bd · 1.5 ba · sleeps 6 · 1.8 mi

    Revenue $14,452ADR $162Occ ≈ 24%5★ (94)

    AirbnbVrbo

  • Dragonfly Retreat

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

    Revenue $3,047ADR $258Occ ≈ 3%4.5★ (2)

    Airbnb

  • Redding Hillside Oasis with Pool!

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

    Revenue $49,205ADR $203Occ ≈ 66%5★ (86)

    Airbnb

  • Summer Retreat | Best Pool by Mary Lake +EV Charge

    House · 3 bd · 2 ba · sleeps 8 · 1.9 mi

    Revenue $89,470ADR $299Occ ≈ 82%5★ (111)

    AirbnbVrboBooking

  • {The Cessna Lookout} +Pool +Hot Tub +EV Charger

    House · 3 bd · 2.5 ba · sleeps 6 · 1.9 mi

    Revenue $76,422ADR $311Occ ≈ 67%5★ (184)

    AirbnbVrbo

  • The Olive Get-Away | Pool💦 Game Room🏓 & BBQ♨️

    House · 3 bd · 2 ba · sleeps 8 · 1.9 mi

    Revenue $64,835ADR $298Occ ≈ 60%4.9★ (175)

    AirbnbVrbo

  • The Pineapple House *Best Reviews* Private Pool!

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

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

    AirbnbVrbo

  • Peaceful 3BR Near Hospitals, Trails, and Downtown

    House · 3 bd · 2 ba · sleeps 4 · 2.0 mi

    Revenue $8,234ADR $85Occ ≈ 27%—

    Airbnb

  • 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)

    Airbnb

  • 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)

    Airbnb

  • ~Rest, Recreate and Refresh~

    House · 3 bd · 1 ba · sleeps 6 · 2.1 mi

    Revenue $38,612ADR $164Occ ≈ 65%4.8★ (399)

    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

$42,739

NOI

$20,354

Cash flow /mo

$1,696

Cash needed

$403,260

Cash-on-cash (all cash)

5.0%

ROE (yr 1)

7.8%

Cap rate

5.5%

DSCR

—

Year-1 write-off

$81,705

Year-1 tax shield @ 32%

$26,146

Year-1 return on equity

  • Cash flow (annual)$20,354
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$11,070
ROE7.8%
ROE incl. year-1 tax savings (32% bracket, STR loophole)14.3%
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

  • Purchase price (all cash)$369,000
  • 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.

5-year property$62,400
  • Kitchen cabinetsdefault

    $9,100 new × 40% good × 1.98 allocation

    $7,200
  • Kitchen countertopsdefault

    $7,500 new × 40% good × 1.98 allocation

    $5,900
  • Decorative trimdefault

    $2,700 new × 40% good × 1.98 allocation

    $2,100
  • Mirrorsdefault

    $300 new × 40% good × 1.98 allocation

    $200
  • Shelvingdefault

    $1,200 new × 40% good × 1.98 allocation

    $900
  • Window coverings (15)default

    $3,800 new × 40% good × 1.98 allocation

    $3,000
  • Carpet, vinyl & laminate (100% of floors)listing

    $9,800 new × 40% good × 1.98 allocation

    $7,700
  • Kitchen & laundry equipment plumbingdefault

    $7,100 new × 42% good × 1.98 allocation

    $5,900
  • Kitchen, laundry & data equipment electricaldefault

    $4,300 new × 42% good × 1.98 allocation

    $3,600
  • Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default

    $8,100 new × 40% good × 1.98 allocation

    $6,400
  • Furniture bought newlisting

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

    $19,500
15-year land improvements$18,600
  • Paving: driveway & walks (paved)default

    $8,100 new × 50% good × 1.98 allocation

    $8,000
  • Landscaping (typical)default

    $7,800 new × 50% good × 1.98 allocation

    $7,700
  • Patiosdefault

    $1,500 new × 50% good × 1.98 allocation

    $1,500
  • Decks & porches (attached)default

    $1,500 new × 50% good × 1.98 allocation

    $1,500
Building, 39-year$208,900
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $164,100 new × 52% good × 1.98 allocation

    $167,600
  • Building plumbing & fixturesdefault

    $17,000 new × 42% good × 1.98 allocation

    $14,100
  • Building electrical & lightingdefault

    $16,500 new × 42% good × 1.98 allocation

    $13,700
  • HVACdefault

    $17,100 new × 40% good × 1.98 allocation

    $13,500

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
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.