3345 Eastmont Ln · Stonecrest, GA 30038

$239,900

3 bd · 2.0 ba · 1,652 sqft · SingleFamily public records · 32 Days on market

Built 1995 0.37 ac lot Est $223k · 8% over

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Why this score? — see what drove the D- 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 +15.3/30.0
• 1% rule +4.7/10.0
• DSCR +4.7/10.0
• ARV discount +4.1/15.0
• Rent growth +3.7/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

WHAT A DEAL! WELL MAINTAINED HOME LOCATED IN THE POPULAR COMMUNITY OF WOODSTREAM. THIS HOME IS LOCATED MINUTES FROM SHOPPING, PARKS, & SCHOOLS

Key facts

• Expansive backyard
• Quiet neighborhood
• 0.37 acre lot

Tags

• SPACIOUS HALF-ACRE LOT
• PARTIALLY FINISHED BASEMENT
• EXPANSIVE BACKYARD
• QUIET NEIGHBORHOOD

Property features AI

Finance

• Other: Lot approximately 0.37 acres
• HOA & community: No HOA

Exterior

• Parking: Garage with space for 2 vehicles
• Utilities: Public water; Public sewer; Standard utilities; Energy-efficient doors
• Home design: Single-family house; Residential resale; Multi/split story
• Construction: Built in 1995; Vinyl siding; Composition roof; Slab foundation
• Exterior features: Deck; Patio; Level lot

Interior

• Kitchen: Appliances: Other
• Bedrooms: 3 bedrooms
• Flooring: Carpet
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Fireplace in the family room; Multi/split levels; Dining room and living room combination
• Laundry & utility: Laundry features: Other

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $240k.

Deal economics

• At list price, monthly cash flow is $88 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $233k (2.9% below list).
• Recommended offer: $233k (3.0% below list) — sets the bar for market timing.
• Cap rate 6.7% 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 D — 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: Browns Mill Elementary School (math 5% / reading 24%, grade F, #988 of 1,228 statewide, top 81%, 383 students, 100% FRL); Salem Middle School (math 5% / reading 16%, grade F, #429 of 470 statewide, top 91%, 988 students, 100% FRL); Martin Luther King- Jr. High School (math 8% / reading 22%, grade F, #297 of 424 statewide, top 74%, 1,440 students, 100% FRL) — zoned schools average 100% FRL vs 68% district-wide (32 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+4.6%/yr); 321 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals leasing fast (median 5d on market — plan ~1-2 weeks tenant-placement turnaround); 1,240 units permitted in DeKalb County in 2024 (385 in 5+ unit buildings).
• This rent runs 38% of the median local income ($74k/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 $2k of loan paydown is wiped out by about $7k 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 32 days — a 3% lower offer ($233k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 14y 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.
• Current owner paid $78k; list at $240k implies a 206% gain — meaningful room to come down on a strong offer.

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 $232,703 (3.0% below list)

Questions for the listing agent

1. It's been on market 32 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
4. 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.
5. 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.
6. 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: 0.97% ✗
• Cap rate: 6.73%
• Cash-on-cash: 1.57%
• DSCR: 1.07
• GRM: 8.6

CMA / ARV

• ARV (on-the-fly): $223,020
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3326 Moravia Dr	0.35mi	3/2.0	1,606 (-3%)	1mo	$280,000	$174	78
3449 Oak Run Dr	0.33mi	3/2.0	1,512 (-8%)	1mo	$153,500	$102	69
3554 Portsmouth Cir	0.36mi	3/2.5	1,752 (+6%)	4mo	$270,000	$154	68
5057 Panola Mill Dr	0.61mi	3/2.0	1,678 (+2%)	5mo	$264,000	$157	64
3316 Moravia Dr	0.33mi	3/2.0	1,450 (-12%)	3mo	$228,000	$157	62
3333 Saxony Way	0.23mi	3/2.5	1,894 (+15%)	4mo	$207,000	$109	60
3291 Wintercreeper Dr	0.52mi	3/2.0	1,864 (+13%)	2mo	$130,000	$70	53
4954 Browns Mill Rd	0.60mi	3/2.0	1,414 (-14%)	2mo	$226,500	$160	46
4715 Wildginger Run	0.57mi	4/3.0 (+1)	1,827 (+11%)	3mo	$180,000	$99	44
5080 Springtree Ct	0.73mi	3/2.5	1,770 (+7%)	10mo	$176,350	$100	44
3240 Corktree Trl	0.48mi	4/2.5 (+1)	1,895 (+15%)	8mo	$255,000	$135	39
4974 Browns Mill Rd	0.64mi	4/3.0 (+1)	1,826 (+10%)	6mo	$230,000	$126	39

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 · 4.6% rent growth · sell at horizon

5-year hold

• IRR: -11.9%
• Equity multiple: 0.56×
• Total profit: $-29,376
• Equity at exit: $35,770

10-year hold

• IRR: -0.4%
• Equity multiple: 0.97×
• Total profit: $-1,839
• Equity at exit: $20,742

Cash invested: $67,172 (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 30038

• Home prices YoY: -28.0%
• Rents YoY: 4.6%
• Active inventory: 321
• Price-to-rent: 8.6×

Monthly cashflow live

• Estimated rent: $2,330 high
• Mortgage (P&I): −$1,258
• Tax from tax record: −$395 /mo · $4,739/yr
• Insurance: −$100
• HOA: −$0
• Vacancy / Maint / Mgmt: −$489
• Net cashflow: $88

Break-even live

Break-even rent $2,219

Max offer price $239,900

Occupancy floor 91%

Sensitivity live

Price	-10% $224	-5% $156	+0% $88	+5% $20	+10% $-48
Rent	-10% $-96	-5% $-4	+0% $88	+5% $180	+10% $272
Rate	-1.0pp $209	-0.5pp $149	base $88	+0.5pp $26	+1.0pp $-38

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: $59,975
• Closing costs: $7,197
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3468 Deer Trce Lithonia, GA	3.0	1.0	1886	$2,800	$1.48	26d	1	0.34mi
3095 Riders Trl Decatur, GA	3.0	2.0	1800	$4,500	$2.50	1d	1	1.05mi
5302 Timor Trl Lithonia, GA	3.0	2.0	1330	$1,900	$1.43	45d	1	1.06mi
100 Cavalier Xing Stonecrest, GA	3.0	2.0	1558	$1,990	$1.28	26d	1	1.12mi
3712 Salem Chapel Dr Lithonia, GA	3.0	2.5	1683	$1,650	$0.98	12d	1	1.26mi
5301 W Fairington Pkwy Lithonia, GA	1.0–3.0	1.0–2.0	1020	$1,946	$1.91	3d	37	1.29mi
2937 Thompson Cir Decatur, GA	3.0	2.0	1480	$1,860	$1.26	3d	1	1.31mi
5238 Walnut Ct Lithonia, GA	4.0	2.5	1492	$1,940	$1.30	3d	1	1.33mi
3673 Walnut Creek Way Lithonia, GA	4.0	3.0	1692	$1,895	$1.12	5d	1	1.35mi
2878 Snapfinger Mnr Decatur, GA	3.0	2.5	1670	$1,780	$1.07	4d	1	1.37mi

Listing history 34 events

1. 2026-06-21
   days on market $239,900 Active 32 DOM
2. 2026-06-18
   days on market $239,900 Active 29 DOM
3. 2026-06-17
   days on market $239,900 Active 28 DOM
4. 2026-06-16
   days on market $239,900 Active 27 DOM
5. 2026-06-15
   days on market $239,900 Active 26 DOM
6. 2026-06-13
   days on market $239,900 Active 24 DOM
7. 2026-06-09
   days on market $239,900 Active 20 DOM
8. 2026-06-08
   days on market $239,900 Active 19 DOM
9. 2026-06-07
   days on market $239,900 Active 18 DOM
10. 2026-06-04
    days on market $239,900 Active 15 DOM
11. 2026-06-03
    statusdays on market $239,900 Active 14 DOM
12. 2026-06-02
    days on market $239,900 New 13 DOM
13. 2026-06-01
    days on market $239,900 New 12 DOM
14. 2026-05-31
    days on market $239,900 New 11 DOM
15. 2026-05-20
    listed $239,900 New
16. 2013-10-07
    soldstatus $78,500
17. 2013-10-01
    price $78,500 147-char remark

    Show marketing remark (147 chars)

    WHAT A DEAL! WELL MAINTAINED HOME LOCATED IN THE POPULAR COMMUNITY OF WOODSTREAM. THIS HOME IS LOCATED MINUTES FROM SHOPPING, PARKS, & SCHOOLS

18. 2013-09-17
    price $78,500 147-char remark

    Show marketing remark (147 chars)

    WHAT A DEAL! WELL MAINTAINED HOME LOCATED IN THE POPULAR COMMUNITY OF WOODSTREAM. THIS HOME IS LOCATED MINUTES FROM SHOPPING, PARKS, & SCHOOLS

19. 2013-09-17
    historical 147-char remark

    Show marketing remark (147 chars)

    WHAT A DEAL! WELL MAINTAINED HOME LOCATED IN THE POPULAR COMMUNITY OF WOODSTREAM. THIS HOME IS LOCATED MINUTES FROM SHOPPING, PARKS, & SCHOOLS

20. 2013-09-06
    soldstatus $78,500 Sold 147-char remark

    Show marketing remark (147 chars)

    WHAT A DEAL! WELL MAINTAINED HOME LOCATED IN THE POPULAR COMMUNITY OF WOODSTREAM. THIS HOME IS LOCATED MINUTES FROM SHOPPING, PARKS, & SCHOOLS

21. 2013-09-06
    soldstatus $78,500 Sold 147-char remark

    Show marketing remark (147 chars)

    WHAT A DEAL! WELL MAINTAINED HOME LOCATED IN THE POPULAR COMMUNITY OF WOODSTREAM. THIS HOME IS LOCATED MINUTES FROM SHOPPING, PARKS, & SCHOOLS

22. 2013-09-06
    price $80,000 147-char remark

    Show marketing remark (147 chars)

    WHAT A DEAL! WELL MAINTAINED HOME LOCATED IN THE POPULAR COMMUNITY OF WOODSTREAM. THIS HOME IS LOCATED MINUTES FROM SHOPPING, PARKS, & SCHOOLS

23. 2013-08-15
    status Pending 147-char remark

    Show marketing remark (147 chars)

    WHAT A DEAL! WELL MAINTAINED HOME LOCATED IN THE POPULAR COMMUNITY OF WOODSTREAM. THIS HOME IS LOCATED MINUTES FROM SHOPPING, PARKS, & SCHOOLS

24. 2013-08-14
    status Under Contract 147-char remark

    Show marketing remark (147 chars)

    WHAT A DEAL! WELL MAINTAINED HOME LOCATED IN THE POPULAR COMMUNITY OF WOODSTREAM. THIS HOME IS LOCATED MINUTES FROM SHOPPING, PARKS, & SCHOOLS

25. 2013-08-09
    price $80,000 147-char remark

    Show marketing remark (147 chars)

    WHAT A DEAL! WELL MAINTAINED HOME LOCATED IN THE POPULAR COMMUNITY OF WOODSTREAM. THIS HOME IS LOCATED MINUTES FROM SHOPPING, PARKS, & SCHOOLS

26. 2013-07-24
    status Back On Market 147-char remark

    Show marketing remark (147 chars)

    WHAT A DEAL! WELL MAINTAINED HOME LOCATED IN THE POPULAR COMMUNITY OF WOODSTREAM. THIS HOME IS LOCATED MINUTES FROM SHOPPING, PARKS, & SCHOOLS

27. 2013-07-24
    status Active 147-char remark

    Show marketing remark (147 chars)

    WHAT A DEAL! WELL MAINTAINED HOME LOCATED IN THE POPULAR COMMUNITY OF WOODSTREAM. THIS HOME IS LOCATED MINUTES FROM SHOPPING, PARKS, & SCHOOLS

28. 2013-07-24
    status Pending 147-char remark

    Show marketing remark (147 chars)

    WHAT A DEAL! WELL MAINTAINED HOME LOCATED IN THE POPULAR COMMUNITY OF WOODSTREAM. THIS HOME IS LOCATED MINUTES FROM SHOPPING, PARKS, & SCHOOLS

29. 2013-07-22
    status Under Contract 147-char remark

    Show marketing remark (147 chars)

    WHAT A DEAL! WELL MAINTAINED HOME LOCATED IN THE POPULAR COMMUNITY OF WOODSTREAM. THIS HOME IS LOCATED MINUTES FROM SHOPPING, PARKS, & SCHOOLS

30. 2013-07-11
    listed $80,000 New 147-char remark

    Show marketing remark (147 chars)

    WHAT A DEAL! WELL MAINTAINED HOME LOCATED IN THE POPULAR COMMUNITY OF WOODSTREAM. THIS HOME IS LOCATED MINUTES FROM SHOPPING, PARKS, & SCHOOLS

31. 2013-07-11
    listed $80,000 Active 147-char remark

    Show marketing remark (147 chars)

    WHAT A DEAL! WELL MAINTAINED HOME LOCATED IN THE POPULAR COMMUNITY OF WOODSTREAM. THIS HOME IS LOCATED MINUTES FROM SHOPPING, PARKS, & SCHOOLS

32. 2012-06-01
    historical
33. 2012-02-10
    listed $59,150 New
34. 2002-02-06
    soldstatus $128,000

ⓘ 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: $4,739 · $395/mo
• Projected year-2 tax: $4,739 · $395/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 6/10 Major 7 d/yr ≥106°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: $27,961
• − Mortgage interest: −$13,438
• − Property taxes: −$4,739
• − Insurance: −$1,200
• − Repairs & maintenance: −$2,237
• − Management: −$2,237
• − Depreciation: −$6,979
• Taxable loss: −$2,868
• Est. tax savings @ 24.0%: +$688
• After-tax cash flow: $1,742/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): 43,776
• Household income: $73,694
• Rent vs Own: 35.3% rent · 64.7% own
• Severe rent burden: 1168.0

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 (84%)
• Race & ethnicity: Black 84% Two or more races 10% Hispanic / Latino 5% White 4% Asian 1%
• Foreign-born: 12% · Canada, China
• Languages at home: 90% English-only · Spanish 5% French/Haitian/Cajun 1% Other Indo-European 0%

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: ▼ -74.98%
• Current HPI: 192.8328
• Rent YoY: ▲ 4.60%
• 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

+87.4% since first listed

20 events — show timeline

• 2026-05-20 Listed $239,900 GAMLS
• 2013-10-07 Sold (Public Records) $78,500 Public Records
• 2013-10-01 Price Changed $78,500 GAMLS
• 2013-09-17 Price Changed $78,500 FMLS
• 2013-09-17 Listing Removed — FMLS
• 2013-09-06 Sold (MLS) $78,500 GAMLS
• 2013-09-06 Sold (MLS) $78,500 FMLS
• 2013-09-06 Price Changed $80,000 FMLS
• 2013-08-15 Pending — FMLS
• 2013-08-14 Pending — GAMLS
• 2013-08-09 Price Changed $80,000 GAMLS
• 2013-07-24 Relisted — GAMLS
• 2013-07-24 Relisted — FMLS
• 2013-07-24 Pending — FMLS
• 2013-07-22 Pending — GAMLS
• 2013-07-11 Listed $80,000 GAMLS
• 2013-07-11 Listed $80,000 FMLS
• 2012-06-01 Listing Removed — GAMLS
• 2012-02-10 Listed $59,150 GAMLS
• 2002-02-06 Sold (Public Records) $128,000 Public Records

Property tax history

+8.1%/yr

Latest (2025): $4,739 · +14.9% YoY. Source: county tax records.