6560 Wellington Chase Ct · Stonecrest, GA 30058

$150,000

2 bd · 1.5 ba · 1,280 sqft · Townhouse public records · 198 Days on market

Built 2002 1,306 sqft lot Est $175k · 14% under $30/mo HOA · 2% of rent

---

Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +20.8/30.0
• ARV discount +14.0/15.0
• 1% rule +6.6/10.0
• DSCR +6.6/10.0
• Rent growth +2.8/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This Lithonia home has two stories.

Key facts

• Open floor plan
• Private patio
• $30 HOA

Tags

• OPEN FLOOR PLAN
• PRIVATE PATIO
• BRIGHT EAT-IN KITCHEN
• LOW-MAINTENANCE LIVING

Property features AI

Finance

• Other: Road surface: asphalt; Road frontage: city street; Directions: use GPS; County: Dekalb, GA
• HOA & community: Community of 54 units; Association dues $360 annually; Has association

Exterior

• Parking: Driveway; Parking pad; Open parking (2 total spaces)
• Utilities: Public water; Public sewer; Cable available; Electricity available; Phone available; Sewer available; Water available
• Home design: Two levels; Fee simple ownership
• Construction: Vinyl siding; Composition roof; Slab foundation; Resale condition
• Exterior features: Front porch; Patio; Other exterior features; Accessible entrance

Interior

• Kitchen: Eat-in kitchen; Dishwasher; Electric range; Microwave; Refrigerator; Other surface countertops
• Bedrooms: Two upper-level bedrooms; Roommate floor plan; Split bedroom plan
• Flooring: Carpet; Ceramic tile; Hardwood
• Bathrooms: 1 full bathroom (upper level); 1 half bathroom (main level)
• Heating & cooling: Central heating; Central air
• Interior features: 2+ common walls; Other interior features; Family room
• Laundry & utility: Laundry closet on upper level; Electric water heater

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath townhouse listed at $150k.

Deal economics

• At list price, monthly cash flow is $205 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).
• Recommended offer: $132k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.9% vs local median 5.1% in Stonecrest — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads: area grade C — affects rentability + tenant quality, not the cash-flow math above.
• Dekalb County (suburban): math 19% / reading 28% proficiency, ranked #125 of 174 in GA (top 72%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Stoneview Elementary School (math 6% / reading 9%, grade F, #1,125 of 1,228 statewide, top 93%, 781 students, 100% FRL); Lithonia Middle School (math 8% / reading 17%, grade F, #411 of 470 statewide, top 87%, 1,214 students, 100% FRL); Lithonia High School (math 2% / reading 17%, grade F, #365 of 424 statewide, top 88%, 1,483 students, 100% FRL) — zoned schools average 100% FRL vs 68% district-wide (32 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 10% at this address vs 24% district-wide (-14 pts) — the specific schools serving this property underperform the Dekalb County average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising (+1.2%/yr); 435 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,240 units permitted in DeKalb County in 2024 (385 in 5+ unit buildings).
• This rent runs 34% of the median local income ($62k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• DeKalb County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 198 days — a 12% lower offer ($132k) is reasonable based on typical stale-listing flexibility.
• 10 sale attempts since 5y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Climate carrying-cost: moderate wind risk, 26% chance of damaging wind over 30y; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $132,000 (12.0% below list)

Questions for the listing agent

1. It's been on market 198 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.16% ✓
• Cap rate: 7.94%
• Cash-on-cash: 5.87%
• DSCR: 1.26
• GRM: 7.2

CMA / ARV

• ARV (on-the-fly): $175,360
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
6559 Wellington Chase Ct	0.03mi	2/1.5	1,280 (0%)	4mo	$130,000	$102	96
6344 Wellington Walk Way	0.29mi	2/2.5	1,212 (-5%)	3mo	$140,000	$116	71
6318 Wellington Walk Way	0.35mi	2/1.5	1,205 (-6%)	4mo	$122,000	$101	70
6436 Parkway Trce	0.42mi	2/2.5	1,320 (+3%)	3mo	$189,000	$143	69
2381 Cove Rd	0.54mi	2/2.0	1,296 (+1%)	3mo	$176,000	$136	68
2161 Wellington Cir	0.57mi	2/2.0	1,281 (+0%)	4mo	$142,000	$111	68
2292 Wellington Cir	0.53mi	2/2.0	1,323 (+3%)	0mo	$183,000	$138	68
2176 Wellington Cir	0.60mi	2/2.0	1,296 (+1%)	1mo	$95,000	$73	67
2263 Wellington Cir	0.58mi	2/2.0	1,296 (+1%)	2mo	$177,000	$137	67
6460 Wellington Chase Ct	0.14mi	3/2.0 (+1)	1,100 (-14%)	0mo	$181,000	$165	63
849 Hillandale Ln	0.57mi	2/2.5	1,355 (+6%)	1mo	$215,000	$159	59
2356 Cove Rd	0.54mi	2/2.5	1,176 (-8%)	2mo	$185,000	$157	55

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 1.18% rent growth · sell at horizon

5-year hold

• IRR: -9.5%
• Equity multiple: 0.66×
• Total profit: $-14,250
• Equity at exit: $22,365

10-year hold

• IRR: -2.9%
• Equity multiple: 0.82×
• Total profit: $-7,523
• Equity at exit: $12,969

Cash invested: $42,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Georgia: 90 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

Magistrate court evictions in 10-30 days; no rent control; preempted; few tenant protections.

Methodology + full state rankings →

ZIP-level market 30058

• Home prices YoY: -21.4%
• Rents YoY: 1.2%
• Active inventory: 435
• Price-to-rent: 7.2×

Monthly cashflow live

• Estimated rent: $1,743 high
• Mortgage (P&I): −$787
• Tax from tax record: −$293 /mo · $3,514/yr
• Insurance: −$62
• HOA: −$30
• Vacancy / Maint / Mgmt: −$366
• Net cashflow: $205

Break-even live

Break-even rent $1,483

Max offer price $150,000

Occupancy floor 83%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6540 Wellington Chase Ct Lithonia, GA	3.0	2.0	1250	$1,800	$1.44	24d	1	0.03mi
6427 Wellington Chase Ct Lithonia, GA	2.0	2.5	1258	$1,640	$1.30	5d	1	0.07mi
6427 Wellington Chase Ct Lithonia, GA	2.0	2.5	1258	$1,695	$1.35	22d	1	0.07mi
6495 Wellington Chase Ct Lithonia, GA	2.0	1.0	1533	$950	$0.62	44d	1	0.10mi
2330 McKenna Square Dr Lithonia, GA	3.0	2.5	1514	$2,075	$1.37	24d	1	0.13mi
3028 Stonebridge Creek Dr Lithonia, GA	3.0	2.0	1713	$1,739	$1.02	17d	1	0.41mi
2614 Parkway Trl Lithonia, GA	3.0	2.0	1428	$1,795	$1.26	5d	1	0.43mi
2671 Parkway Trl Lithonia, GA	2.0	2.5	1504	$1,850	$1.23	18d	1	0.44mi
3010 Stonebridge Creek Dr Lithonia, GA	3.0	2.5	1623	$1,750	$1.08	44d	1	0.44mi
6272 Creekford Dr Lithonia, GA	3.0	2.0	1200	$1,650	$1.38	5d	1	0.45mi
2360 Wellington Cir Lithonia, GA	3.0	2.5	1404	$1,900	$1.35	44d	1	0.46mi
2347 Wellington Cir Lithonia, GA	2.0	2.0	952	$1,500	$1.58	17d	1	0.49mi
6249 Creekford Ln Lithonia, GA	3.0	2.5	1352	$1,586	$1.17	44d	1	0.51mi
2839 Rambling Way Lithonia, GA	3.0	2.5	1623	$1,700	$1.05	2d	1	0.54mi
2839 Rambling Way Lithonia, GA	3.0	2.5	1623	$1,700	$1.05	19d	1	0.54mi
6290 Marbut Farms Ln Lithonia, GA	3.0	2.5	1392	$1,780	$1.28	5d	1	0.62mi
564 Hillandale Park Dr Lithonia, GA	2.0	2.0	1150	$2,250	$1.96	44d	1	0.71mi
2144 Marbut Farms Entry Lithonia, GA	3.0	2.0	1715	$1,795	$1.05	44d	1	0.72mi
2103 Charles Cudd Ct Lithonia, GA	3.0	2.0	1332	$1,591	$1.19	21d	1	0.74mi
2713 Evans Mill Dr Lithonia, GA	2.0	1.5	1024	$1,400	$1.37	44d	1	0.76mi
6414 Shalks Crossing Dr Lithonia, GA	3.0	2.5	1580	$2,050	$1.30	5d	1	0.77mi
6680 Chupp Rd Lithonia, GA	2.0	1.0	900	$1,250	$1.39	44d	1	0.80mi
6256 Hillandale Dr Lithonia, GA	1.0–3.0	1.0–2.0	990	$1,349	$1.36	44d	1	0.80mi
6659 Chupp Rd Lithonia, GA	1.0–4.0	1.0–2.0	1036	$1,460	$1.41	13d	1	0.83mi
2049 Charter Ln Lithonia, GA	2.0	3.0	1152	$1,695	$1.47	44d	1	0.84mi
2267 Cherokee Valley Dr Lithonia, GA	3.0	2.0	1176	$1,691	$1.44	5d	1	0.84mi
2070 Corners Cir Lithonia, GA	3.0	2.0	1392	$1,620	$1.16	24d	1	0.84mi
4634 Parc Chateau Dr Lithonia, GA	2.0	2.0	930	$1,380	$1.48	44d	1	0.84mi
6164 Saint Christophers Ct Lithonia, GA	3.0	2.5	1340	$1,730	$1.29	21d	1	0.87mi
2502 Park Dr Lithonia, GA	3.0	2.0	892	$1,850	$2.07	44d	1	0.89mi
6492 Charter Way Lithonia, GA	2.0	2.5	1168	$1,600	$1.37	13d	1	0.91mi
416 Hillandale Park Dr Lithonia, GA	3.0	2.5	1742	$1,759	$1.01	44d	1	0.91mi
2325 Woodcrest Walk Lithonia, GA	1.0–2.0	1.0–2.0	788	$1,399	$1.78	2d	17	0.92mi
6388 Charter Way Lithonia, GA	2.0	2.0	996	$1,295	$1.30	5d	1	0.93mi
6430 Charter Way Lithonia, GA	3.0	2.0	1170	$1,450	$1.24	24d	1	0.93mi
6426 Charter Way Lithonia, GA	2.0	2.5	1166	$1,700	$1.46	44d	1	0.93mi
6250 Hillandale Dr Lithonia, GA	1.0–4.0	1.0–2.0	1121	$1,325	$1.18	44d	1	0.94mi
6651 Chupp Rd Lithonia, GA	2.0–4.0	1.0–2.0	1208	$1,484	$1.23	15d	1	1.00mi
6350 Laurel Post Dr Lithonia, GA	3.0	2.0	1344	$1,745	$1.30	44d	1	1.01mi
6416 Phillips Creek Dr Lithonia, GA	3.0	2.0	1365	$1,928	$1.41	5d	1	1.04mi

HOA detail

• Monthly dues: $30 · $360/yr

Listing history 42 events

1. 2026-06-18
   days on market $150,000 Active 198 DOM
2. 2026-06-17
   days on market $150,000 Active 197 DOM
3. 2026-06-16
   days on market $150,000 Active 196 DOM
4. 2026-06-15
   days on market $150,000 Active 195 DOM
5. 2026-06-13
   days on market $150,000 Active 193 DOM
6. 2026-06-09
   days on market $150,000 Active 189 DOM
7. 2026-06-08
   days on market $150,000 Active 188 DOM
8. 2026-06-07
   days on market $150,000 Active 187 DOM
9. 2026-06-04
   days on market $150,000 Active 184 DOM
10. 2026-06-03
    days on market $150,000 Active 183 DOM
11. 2026-06-02
    days on market $150,000 Active 182 DOM
12. 2026-06-01
    days on market $150,000 Active 181 DOM
13. 2026-05-31
    days on market $150,000 Active 180 DOM
14. 2026-05-17
    status Active
15. 2026-04-30
    historical
16. 2026-02-15
    status Active
17. 2026-02-06
    historical
18. 2025-11-06
    listed $150,000 Active
19. 2023-07-01
    historical
20. 2022-02-10
    historical 35-char remark

    Show marketing remark (35 chars)

    This Lithonia home has two stories.

21. 2022-02-08
    soldstatus $155,000
22. 2022-02-04
    soldstatus $155,000 Closed 35-char remark

    Show marketing remark (35 chars)

    This Lithonia home has two stories.

23. 2022-02-04
    soldstatus $155,000 Sold 35-char remark

    Show marketing remark (35 chars)

    This Lithonia home has two stories.

24. 2022-01-18
    status Pending 35-char remark

    Show marketing remark (35 chars)

    This Lithonia home has two stories.

25. 2022-01-18
    status Under Contract 35-char remark

    Show marketing remark (35 chars)

    This Lithonia home has two stories.

26. 2022-01-15
    status Active 35-char remark

    Show marketing remark (35 chars)

    This Lithonia home has two stories.

27. 2022-01-13
    historical 35-char remark

    Show marketing remark (35 chars)

    This Lithonia home has two stories.

28. 2022-01-12
    status Active 35-char remark

    Show marketing remark (35 chars)

    This Lithonia home has two stories.

29. 2022-01-08
    status Under Contract 35-char remark

    Show marketing remark (35 chars)

    This Lithonia home has two stories.

30. 2022-01-08
    status Pending 35-char remark

    Show marketing remark (35 chars)

    This Lithonia home has two stories.

31. 2022-01-07
    historical 35-char remark

    Show marketing remark (35 chars)

    This Lithonia home has two stories.

32. 2022-01-07
    status Active 35-char remark

    Show marketing remark (35 chars)

    This Lithonia home has two stories.

33. 2022-01-03
    status Pending 35-char remark

    Show marketing remark (35 chars)

    This Lithonia home has two stories.

34. 2022-01-03
    status Under Contract 35-char remark

    Show marketing remark (35 chars)

    This Lithonia home has two stories.

35. 2021-12-26
    status Active 35-char remark

    Show marketing remark (35 chars)

    This Lithonia home has two stories.

36. 2021-12-23
    historical 35-char remark

    Show marketing remark (35 chars)

    This Lithonia home has two stories.

37. 2021-12-23
    status Active 35-char remark

    Show marketing remark (35 chars)

    This Lithonia home has two stories.

38. 2021-11-01
    status Under Contract 35-char remark

    Show marketing remark (35 chars)

    This Lithonia home has two stories.

39. 2021-11-01
    status Pending 35-char remark

    Show marketing remark (35 chars)

    This Lithonia home has two stories.

40. 2021-10-08
    listed $155,000 New 35-char remark

    Show marketing remark (35 chars)

    This Lithonia home has two stories.

41. 2021-10-08
    listed $155,000 Active 35-char remark

    Show marketing remark (35 chars)

    This Lithonia home has two stories.

42. 2021-09-20
    soldstatus $146,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast GA · Resets to sale price

• Current annual tax: $3,514 · $293/mo
• Projected year-2 tax: $3,514 · $293/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥105°F today · 18 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 26% chance of damaging wind over 30 yrs
• 🫁 Air quality 5/10 Major 7 unhealthy d/yr today · 10 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,922
• − Mortgage interest: −$8,402
• − Property taxes: −$3,514
• − Insurance: −$750
• − Repairs & maintenance: −$1,674
• − Management: −$1,674
• − HOA: −$360
• − Depreciation: −$4,364
• Taxable income: $185
• Est. tax owed @ 24.0%: −$44
• After-tax cash flow: $2,421/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Dekalb County
• NCES district ID: 1301740
• Math proficiency: 19% ▼ -12.00%
• Reading proficiency: 28% ▼ -7.00%
• Median HH income: $51,448
• Composite: 20.92/100
• National rank: #8482
• State rank: #125 of 174 in GA

Livability — Stonecrest

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: Stonecrest, GA
• County: Dekalb County · 782,738 people
• City population: 106,165
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 62,614
• Household income: $61,684
• Rent vs Own: 34.8% rent · 65.2% own
• Severe rent burden: 3471.0

Population outlook (DeKalb County) Hauer SSP2

• Today (2025): 839,977 people
• By 2030: 891,768 · +6.2%
• By 2040: 988,894 · +17.7%
• By 2050: 1,074,583 · +27.9%
• By 2075: 1,245,026 · +48.2%
• By 2100: 1,303,135 · +55.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (91%)
• Race & ethnicity: Black 91% Hispanic / Latino 3% White 3% Two or more races 3%
• Common ancestry: Hispanic 0%
• Foreign-born: 12% · Canada, United Kingdom
• Languages at home: 93% English-only · Spanish 2% French/Haitian/Cajun 1%

Political lean MEDSL · DeKalb

• 2024 margin: Solid D (+64.8) · D 81.9% · R 17.1% · Other 1.0%
• 2008→2024 swing: +6.1pp toward D · 2008: 58.6pp · 2024: 64.8pp
• All cycles: 2024: D+64.8 2020: D+67.4 2016: D+64.8 2012: D+56.8 2008: D+58.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -60.90%
• Current HPI: 224.0366
• Rent YoY: ▲ 1.18%
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• State GDP YoY: ▲ 2.66%
• F500 in state: 28

Industry mix (Fortune 500 HQ in GA)

Industry	F500 HQs	Revenue
▸Paper / Packaging	2	$29B
▸Retail	1	$160B
▸Transportation / Logistics	1	$91B
▸Airlines	1	$62B
▸Consumer Goods	1	$47B
▸Utilities	1	$25B

Price history

+2.1% since first listed

29 events — show timeline

• 2026-05-17 Relisted — FMLS
• 2026-04-30 Listing Removed — FMLS
• 2026-02-15 Relisted — FMLS
• 2026-02-06 Listing Removed — FMLS
• 2025-11-06 Listed $150,000 FMLS
• 2023-07-01 Rental Removed — RENTLY
• 2022-02-10 Listing Removed — FMLS
• 2022-02-08 Sold (Public Records) $155,000 Public Records
• 2022-02-04 Sold (MLS) $155,000 GAMLS
• 2022-02-04 Sold (MLS) $155,000 FMLS
• 2022-01-18 Pending — FMLS
• 2022-01-18 Pending — GAMLS
• 2022-01-15 Relisted — GAMLS
• 2022-01-13 Listing Removed — GAMLS
• 2022-01-12 Relisted — FMLS
• 2022-01-08 Pending — GAMLS
• 2022-01-08 Pending — FMLS
• 2022-01-07 Listing Removed — GAMLS
• 2022-01-07 Relisted — FMLS
• 2022-01-03 Pending — FMLS
• 2022-01-03 Pending — GAMLS
• 2021-12-26 Relisted — GAMLS
• 2021-12-23 Listing Removed — GAMLS
• 2021-12-23 Relisted — FMLS
• 2021-11-01 Pending — GAMLS
• 2021-11-01 Pending — FMLS
• 2021-10-08 Listed $155,000 GAMLS
• 2021-10-08 Listed $155,000 FMLS
• 2021-09-20 Sold (Public Records) $146,900 Public Records

Property tax history

+7.1%/yr

Latest (2025): $3,514 · +0.7% YoY. Source: county tax records.