Year built
1957
Sqft
1,482
Lot sqft
16,117
HOA / mo
$0
Furnished
No
List date
2026-09-25T20:38:30.000000Z
Revenue
Annual revenue
$47,259
ADR
$174
Occupancy
74%
Cleaning fees (12 mo)
$6,654
Confidence
Low (45.76), 17 comps
Comp revenue range (p25 / median / p75)
The Songbird 99
Vacation home · 3 bd · 2 ba · sleeps 6 · 0.2 mi
Revenue $94,871ADR $315Occ ≈ 83%5★ (5)
Contractor Friendly 3 Bdrm Townhomes - 30 day
Apartment · 3 bd · 1.5 ba · sleeps 7 · 0.5 mi
Revenue $22,943ADR $88Occ ≈ 71%—
Relaxing Home 15 mins to Lake
House · 3 bd · 2.5 ba · sleeps 6 · 0.6 mi
Revenue $35,026ADR $131Occ ≈ 73%4.9★ (36)
Warm and Cozy Redding Home
House · 3 bd · 2.5 ba · sleeps 8 · 0.6 mi
Revenue $37,000ADR $141Occ ≈ 72%4.9★ (230)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
* * *Pineland Place* * * House | 3 bd · 2 ba · sleeps 6 | $53,177 | $222 | 66% | 4.9★ (174) | 0.1 mi | AirbnbVrbo |
The Songbird 99 Vacation home | 3 bd · 2 ba · sleeps 6 | $94,871 | $315 | 83% | 5★ (5) | 0.2 mi | Booking |
Pool, Fire Pit, Pets OK, EV, Yard Games House | 3 bd · 2 ba · sleeps 6 | $83,874 | $275 | 84% | 5★ (82) | 0.2 mi | AirbnbVrbo |
Renovated 3-Bedroom Mid Century Home House | 3 bd · 2 ba · sleeps 6 | $17,480 | $231 | 21% | 4.3★ (4) | 0.3 mi | AirbnbVrbo |
Oh Joy! 3 beds 2 baths Organic Avocado mattress House | 3 bd · 2 ba · sleeps 6 | $36,607 | $207 | 48% | 4.7★ (46) | 0.3 mi | AirbnbBooking |
Pineland Getaway ~ 4 Queens, 2 Twins Vacation home | 3 bd · 2 ba · sleeps 6 | $40,234 | $200 | 55% | 4.8★ (103) | 0.4 mi | AirbnbVrbo |
* * *Carpenter Lane* * * House | 3 bd · 2 ba · sleeps 6 | $56,514 | $206 | 75% | 4.9★ (225) | 0.4 mi | AirbnbVrbo |
Contractor Friendly 3 Bdrm Townhomes - 30 day Apartment | 3 bd · 1.5 ba · sleeps 7 | $22,943 | $88 | 71% | — | 0.5 mi | Airbnb |
Relaxing Home 15 mins to Lake House | 3 bd · 2.5 ba · sleeps 6 | $35,026 | $131 | 73% | 4.9★ (36) | 0.6 mi | Airbnb |
Warm and Cozy Redding Home House | 3 bd · 2.5 ba · sleeps 8 | $37,000 | $141 | 72% | 4.9★ (230) | 0.6 mi | Airbnb |
Show all 17 comps
Cozy Redding Home Close to Just About Everything
House · 3 bd · 2.5 ba · sleeps 8 · 0.6 mi
Revenue $20,579ADR $135Occ ≈ 42%4.8★ (181)
Old-Time Country Getaway in Redding
Townhouse · 3 bd · 2.5 ba · sleeps 8 · 0.6 mi
Revenue $32,431ADR $160Occ ≈ 56%4.9★ (135)
Large Redding Home Away From Home
House · 3 bd · 2.5 ba · sleeps 8 · 0.6 mi
Revenue $29,081ADR $133Occ ≈ 60%4.9★ (146)
Spacious Cozy Redding Home
House · 3 bd · 2.5 ba · sleeps 10 · 0.6 mi
Revenue $4,680ADR $130Occ ≈ 10%4.8★ (88)
“The Lion’s Keep”, Entire 3/2 residential home
House · 3 bd · 2 ba · sleeps 6 · 0.7 mi
Revenue $44,762ADR $171Occ ≈ 72%5★ (91)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
* * *Casa Vereda (Trail House)* * * House | 3 bd · 2 ba · sleeps 6 | $49,574 | $214 | 63% | 4.8★ (147) | 0.6 mi | AirbnbVrbo |
Cozy Redding Home Close to Just About Everything House | 3 bd · 2.5 ba · sleeps 8 | $20,579 | $135 | 42% | 4.8★ (181) | 0.6 mi | Airbnb |
Old-Time Country Getaway in Redding Townhouse | 3 bd · 2.5 ba · sleeps 8 | $32,431 | $160 | 56% | 4.9★ (135) | 0.6 mi | Airbnb |
* * *Arroyo Manor* * * House | 3 bd · 2 ba · sleeps 6 | $52,175 | $206 | 69% | 4.8★ (148) | 0.6 mi | AirbnbVrbo |
Large Redding Home Away From Home House | 3 bd · 2.5 ba · sleeps 8 | $29,081 | $133 | 60% | 4.9★ (146) | 0.6 mi | Airbnb |
Spacious Cozy Redding Home House | 3 bd · 2.5 ba · sleeps 10 | $4,680 | $130 | 10% | 4.8★ (88) | 0.6 mi | Airbnb |
“The Lion’s Keep”, Entire 3/2 residential home House | 3 bd · 2 ba · sleeps 6 | $44,762 | $171 | 72% | 5★ (91) | 0.7 mi | Airbnb |
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
$47,259
NOI
$24,350
Cash flow /mo
$278
Cash needed
$113,750
Cash-on-cash
2.9%
ROE (yr 1)
13.4%
Cap rate
7.5%
DSCR
1.16
Year-1 write-off
$141,655
Year-1 tax shield @ 32%
$45,330
Year-1 return on equity
- Cash flow (annual)$3,335
- Principal paydown$2,127
- Appreciation at%$9,750
Opex, cash-needed & tax-savings breakdown
Annual operating expenses
- Management (20% of revenue)$9,452
- Platform fees (3% of revenue)$1,418
- Maintenance / capex (5% of revenue)$2,363
- Utilities & supplies$4,200
- HOA$0
- Property tax$4,063
- Insurance (STR-rated)$1,901
Cash needed to close
- Down payment (25%)$81,250
- Closing costs (4.0%)$13,000
- Furnishing (bought new)$19,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$45,330
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
$271,000
Short-life (5/15-yr)
$122,000 · 45%
Year-1 deduction
$142,000
Year-1 tax shield @ 32%
$45,000
Land 17% (county tax record, assessed value split) · building $150,000 over 39 years · new furniture $20,000
Based on: 1,482 sq ft, built 1957, 3 bd / 2 ba, unfurnished, listing features (pool, covered patio, fence, fireplace, flooring types).
IRS-guide safe-harbor floor: $126,000 in year 1 (39% short-life, $40,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $6,300
Kitchen cabinetsdefault
$9,000 new × 40% good × 1.73 allocation
- $5,100
Kitchen countertopsdefault
$7,400 new × 40% good × 1.73 allocation
- $1,800
Decorative trimdefault
$2,600 new × 40% good × 1.73 allocation
- $200
Mirrorsdefault
$300 new × 40% good × 1.73 allocation
- $800
Shelvingdefault
$1,200 new × 40% good × 1.73 allocation
- $2,600
Window coverings (15)default
$3,800 new × 40% good × 1.73 allocation
- $4,400
Carpet, vinyl & laminate (67% of floors)listing
$6,400 new × 40% good × 1.73 allocation
- $4,900
Kitchen & laundry equipment plumbingdefault
$7,000 new × 40% good × 1.73 allocation
- $3,000
Kitchen, laundry & data equipment electricaldefault
$4,300 new × 40% good × 1.73 allocation
- $5,600
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default
$8,100 new × 40% good × 1.73 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $6,900
Paving: driveway & walks (paved)default
$8,000 new × 50% good × 1.73 allocation
- $6,700
Landscaping (typical)default
$7,700 new × 50% good × 1.73 allocation
- $10,600
Covered patiolisting
$12,200 new × 50% good × 1.73 allocation
- $1,300
Decks & porches (attached)default
$1,500 new × 50% good × 1.73 allocation
- $56,300
Pool (in-ground)listing
$65,000 new × 50% good × 1.73 allocation
- $5,200
Fencinglisting
$6,000 new × 50% good × 1.73 allocation
- $111,200
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$160,400 new × 40% good × 1.73 allocation
- $11,500
Building plumbing & fixturesdefault
$16,600 new × 40% good × 1.73 allocation
- $11,100
Building electrical & lightingdefault
$16,100 new × 40% good × 1.73 allocation
- $11,600
HVACdefault
$16,700 new × 40% good × 1.73 allocation
- $2,200
Hardwood & tile floorsdefault
$3,200 new × 40% good × 1.73 allocation
- $1,800
Fireplacelisting
$2,600 new × 40% good × 1.73 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $54,200 | $87,000 | $500 | $141,700 |
| 2 | $0 | $0 | $3,800 | $3,800 |
| 3 | $0 | $0 | $3,800 | $3,800 |
| 4 | $0 | $0 | $3,800 | $3,800 |
| 5 | $0 | $0 | $3,800 | $3,800 |
| 6+ | $0 | $0 | $133,700 | $133,700 |
| Total | $54,200 | $87,000 | $149,500 | $290,700 |
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.