3825 Shane Ct · Stonecrest, GA 30294

$65,000

3 bd · 2.0 ba · 1,630 sqft · SingleFamily public records · 37 Days on market

Built 1986 0.62 ac lot $40/sqft · 73% below area

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Why this score? — see what drove the B- 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Rent growth +3.6/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks

PRICE REDUCED FOR QUICK CASH SALE ONLY. TITLE IS CLEAR

Key facts

• 0.62 acre lot
• Garage
• Built 1986

Property features AI

Finance

• Other: Lot size about 0.62 acre; Subdivision: Chimney Ridge; Address: 3825 Shane Court, Ellenwood, GA 30294
• HOA & community: No HOA

Exterior

• Parking: Attached garage; Attached parking
• Utilities: Public water; Public sewer; No additional utilities listed
• Home design: Single-family residence (house); Two levels; Built in 1986; Fixer condition
• Construction: Wood siding and other construction materials; Composition roof; Total building area listed as 1,750 (public records)
• Exterior features: Cul-de-sac lot

Interior

• Kitchen: No appliances listed
• Bedrooms: 3 bedrooms
• Flooring: Other (unspecified)
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Vaulted ceilings; Bonus room; Den; Crawl space basement; One fireplace
• Laundry & utility: Laundry: Other (unspecified)

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $65k.

Deal economics

• At list price, monthly cash flow is $1k ($15k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $65k).
• Recommended offer: $63k (3.0% below list) — sets the bar for market timing.
• Cap rate 28.7% 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 B — 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: Chapel Hill Elementary School (math 5% / reading 15%, grade F, #1,076 of 1,228 statewide, top 89%, 559 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); 244 active listings in the ZIP; 34 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 1,240 units permitted in DeKalb County in 2024 (385 in 5+ unit buildings).
• This rent runs 32% of the median local income ($80k/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 $449 of loan paydown is wiped out by about $2k 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.
• At projected returns (-3.0% appreciation + 4.6% rent growth), your $18k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 37 days — a 3% lower offer ($63k) is reasonable based on typical stale-listing flexibility.
• 15 sale attempts since 16y ago; this cycle's ask has dropped $24k (27%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $2k; list at $65k implies a 3150% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $63,050 (3.0% below list)

Questions for the listing agent

1. It's been on market 37 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. 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.
4. 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.
5. 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: 3.24% ✓
• Cap rate: 28.71%
• Cash-on-cash: 80.07%
• DSCR: 4.56
• GRM: 2.6

CMA / ARV

• ARV (median comp): $262,770
• List price: $65,000
• Delta: -75.26%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4030 Shane Trl	0.12mi	3/—	1,572 (-4%)	4mo	$234,000	$149	85
3723 Chimney Ridge Ct	0.23mi	3/2.0	1,570 (-4%)	4mo	$240,000	$153	80
4050 Daron Ct	0.16mi	4/2.5 (+1)	1,662 (+2%)	6mo	$265,000	$159	77
3809 Chimney Ridge Ct	0.14mi	3/2.0	1,419 (-13%)	1mo	$245,000	$173	71
3851 Natalie Way	0.15mi	3/2.0	1,478 (-9%)	8mo	$175,000	$118	71
4035 Shane Trl	0.08mi	4/3.0 (+1)	1,838 (+13%)	3mo	$275,000	$150	64
3951 Mcgill Dr	0.36mi	4/3.0 (+1)	1,705 (+5%)	6mo	$198,000	$116	62
3679 Seton Hall Way	0.74mi	3/2.5	1,642 (+1%)	9mo	$275,000	$167	55
3683 Brown Dr	0.74mi	3/2.5	1,708 (+5%)	3mo	$238,500	$140	53
3958 River Rd	0.72mi	2/2.0 (-1)	1,548 (-5%)	5mo	$275,000	$178	48
3800 Skidmore Dr	0.55mi	4/3.0 (+1)	1,775 (+9%)	8mo	$280,000	$158	44
3868 Brookview Pt	0.65mi	3/2.5	1,860 (+14%)	1mo	$325,000	$175	43

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 · 4.56% rent growth · sell at horizon

5-year hold

• IRR: 82.0%
• Equity multiple: 4.86×
• Total profit: $70,197
• Equity at exit: $9,692

10-year hold

• IRR: 85.7%
• Equity multiple: 10.62×
• Total profit: $175,064
• Equity at exit: $5,620

Cash invested: $18,200 (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 30294

• Home prices YoY: -25.0%
• Rents YoY: 4.6%
• Active inventory: 244
• Price-to-rent: 2.6×

Monthly cashflow live

• Estimated rent: $2,106 high
• Mortgage (P&I): −$341
• Tax est. 1.5%: −$81 /mo · $975/yr
• Insurance: −$27
• HOA: −$0
• Vacancy / Maint / Mgmt: −$442
• Net cashflow: $1,214

Break-even live

Break-even rent $569

Max offer price $65,000

Occupancy floor 37%

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: $16,250
• Closing costs: $1,950
• Reserves months: —
• Total cash needed: —

Rent comps 34 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4061 Faron Ct Ellenwood, GA	4.0	2.0	2184	$2,195	$1.01	12d	1	0.21mi
4068 Day Trl S Ellenwood, GA	4.0	2.0	1836	$2,100	$1.14	4d	1	0.26mi
3924 Chimney Ridge Ct Ellenwood, GA	3.0	2.0	1252	$2,000	$1.60	43d	1	0.32mi
4229 Catalpa Park Ellenwood, GA	3.0	2.0	1280	$1,675	$1.31	43d	1	0.69mi
3821 River Rd Ellenwood, GA	3.0	2.0	1455	$2,195	$1.51	43d	1	0.70mi
4254 Catalpa Park Ellenwood, GA	3.0	2.0	2048	$1,605	$0.78	43d	1	0.72mi
3856 Radcliffe Blvd Decatur, GA	4.0	3.0	1968	$1,995	$1.01	43d	1	0.78mi
3604 Spring Trce Decatur, GA	3.0	2.5	1806	$1,595	$0.88	43d	1	0.90mi
3607 Brycewood Dr Decatur, GA	3.0	2.5	1500	$2,150	$1.43	24d	1	1.00mi
3607 Brycewood Dr Decatur, GA	3.0	3.0	1515	$2,150	$1.42	43d	1	1.00mi
100 Woodberry Pl Decatur, GA	1.0–3.0	1.0–2.0	1106	$1,761	$1.59	1d	18	1.00mi
3605 Brycewood Dr Decatur, GA	3.0	3.0	1515	$2,150	$1.42	43d	1	1.00mi
3605 Brycewood Dr Decatur, GA	3.0	2.5	1500	$2,150	$1.43	24d	1	1.00mi
3601 Brycewood Dr Decatur, GA	3.0	2.5	1500	$2,150	$1.43	24d	1	1.01mi
3601 Brycewood Dr Decatur, GA	3.0	2.5	1515	$2,150	$1.42	43d	1	1.01mi
3303 Homeward Trl Ellenwood, GA	3.0	2.0	1456	$1,799	$1.24	22d	1	1.03mi
3583 Brycewood Dr Decatur, GA	3.0	2.5	1461	$2,150	$1.47	43d	1	1.04mi
3725 Patti Pkwy Decatur, GA	4.0	2.0	1914	$2,220	$1.16	43d	1	1.05mi
3577 Brycewood Dr Decatur, GA	3.0	2.5	1501	$1,950	$1.30	43d	1	1.05mi
4210 Waldrop Hills Ter Decatur, GA	3.0	2.5	1200	$1,666	$1.39	43d	1	1.07mi
3428 Homeward Trl Ellenwood, GA	3.0	2.0	1242	$1,795	$1.45	12d	1	1.07mi
3407 Homeward Trl Ellenwood, GA	3.0	2.0	1512	$1,695	$1.12	43d	1	1.08mi
4060 Waldrop Hills Dr Decatur, GA	3.0	2.5	1696	$1,920	$1.13	15d	1	1.08mi
3378 Homeward Trl Ellenwood, GA	3.0	2.0	1176	$1,695	$1.44	20d	1	1.13mi
3515 Shepherds Path Decatur, GA	3.0	2.0	1279	$1,495	$1.17	43d	1	1.14mi
3477 Shepherds Path Decatur, GA	2.0	2.0	1200	$1,200	$1.00	43d	1	1.19mi
3342 Crestview Ct Ellenwood, GA	3.0	2.0	1290	$1,601	$1.24	5d	1	1.22mi
3335 Crestview Ct Ellenwood, GA	3.0	2.5	1492	$1,650	$1.11	24d	1	1.26mi
3716 Cress Way Dr Decatur, GA	4.0	2.5	1669	$2,185	$1.31	5d	1	1.29mi
4402 Davana Dr Ellenwood, GA	3.0	1.0	1056	$1,608	$1.52	24d	1	1.30mi
3346 Clevemont Way Ellenwood, GA	3.0	2.0	2216	$1,886	$0.85	5d	1	1.34mi
3328 River Run Trl Decatur, GA	3.0	2.0	1665	$1,981	$1.19	1d	1	1.37mi
3554 Waldrop Rd Decatur, GA	3.0	2.5	1646	$2,135	$1.30	3d	1	1.49mi
3733 Waldrop Hills Dr Decatur, GA	3.0	2.5	1646	$2,023	$1.23	43d	1	1.49mi

Listing history 50 events

1. 2026-06-18
   days on market $65,000 Active 37 DOM
2. 2026-06-17
   statusdays on market $65,000 Active 36 DOM
3. 2026-06-16
   days on market $65,000 Price Change 35 DOM
4. 2026-06-15
   pricestatusdays on market $65,000 Price Change 34 DOM
5. 2026-06-13
   days on market $69,000 Active 32 DOM
6. 2026-06-04
   days on market $69,000 Active 28 DOM
7. 2026-06-03
   statusdays on market $69,000 Active 27 DOM
8. 2026-06-02
   days on market $69,000 Back On Market 26 DOM
9. 2026-06-01
   days on market $69,000 Back On Market 25 DOM
10. 2026-06-01
    status $69,000 Back On Market 24 DOM
11. 2026-05-18
    price $69,000 73-char remark
12. 2026-05-18
    status Back On Market 73-char remark
13. 2026-05-15
    historical 73-char remark
14. 2026-05-09
    price $75,000 73-char remark
15. 2026-05-07
    price $79,000 73-char remark
16. 2026-05-05
    price $87,500 73-char remark
17. 2026-04-28
    listed $89,000 New 73-char remark
18. 2026-04-24
    historical
19. 2026-04-22
    price $94,700
20. 2026-04-16
    price $94,800
21. 2026-04-14
    price $94,900
22. 2026-02-09
    listed $95,000 Back On Market
23. 2025-12-13
    status Back On Market
24. 2025-12-13
    historical
25. 2025-12-12
    historical
26. 2025-12-06
    status Back On Market
27. 2025-12-05
    historical
28. 2025-11-28
    listed $105,000 New
29. 2025-11-14
    historical
30. 2011-02-04
    historical
31. 2011-02-03
    status Pending
32. 2011-01-19
    soldstatus $2,000 Sold
33. 2011-01-13
    status Active
34. 2010-12-31
    historical
35. 2010-11-13
    price $13,500
36. 2010-11-12
    price $13,500
37. 2010-10-08
    status Active
38. 2010-09-15
    status Pending
39. 2010-08-05
    status Active
40. 2010-08-01
    historical
41. 2010-06-21
    status Active
42. 2010-06-14
    status Pending
43. 2010-04-02
    price $16,200
44. 2010-04-01
    price $16,200
45. 2010-02-19
    status Active
46. 2010-02-19
    historical
47. 2010-01-21
    status Active
48. 2009-12-17
    historical
49. 1997-10-28
    soldstatus $73,500
50. 1987-10-30
    soldstatus $59,900

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥105°F today · 17 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% 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: $25,269
• − Mortgage interest: −$3,641
• − Property taxes: −$975
• − Insurance: −$325
• − Repairs & maintenance: −$2,022
• − Management: −$2,022
• − Depreciation: −$1,891
• Taxable income: $14,394
• Est. tax owed @ 24.0%: −$3,455
• After-tax cash flow: $11,117/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

• County: Henry County · 316,359 people
• City population: 106,165
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 41,983
• Household income: $79,762
• Rent vs Own: 19.4% rent · 80.6% own
• Severe rent burden: 864.0

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% Hispanic / Latino 7% Two or more races 6% White 6% Asian 1%
• Hispanic origin (detail): Mexican 6%
• Common ancestry: Hispanic 1%
• Foreign-born: 7% · Canada, Vietnam
• Languages at home: 91% English-only · Spanish 6% Vietnamese 1% 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: ▼ -70.99%
• Current HPI: 213.1999
• Rent YoY: ▲ 4.56%
• 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

+614.3% since first listed

48 events — show timeline

• 2026-06-15 Price Changed $65,000 GAMLS
• 2026-06-10 Relisted — GAMLS
• 2026-06-05 Listing Removed — GAMLS
• 2026-06-01 Relisted — GAMLS
• 2026-05-29 Listing Removed — GAMLS
• 2026-05-26 Relisted — GAMLS
• 2026-05-22 Listing Removed — GAMLS
• 2026-05-18 Price Changed $69,000 GAMLS
• 2026-05-18 Relisted — GAMLS
• 2026-05-15 Listing Removed — GAMLS
• 2026-05-09 Price Changed $75,000 GAMLS
• 2026-05-07 Price Changed $79,000 GAMLS
• 2026-05-05 Price Changed $87,500 GAMLS
• 2026-04-28 Listed $89,000 GAMLS
• 2026-04-24 Listing Removed — GAMLS
• 2026-04-22 Price Changed $94,700 GAMLS
• 2026-04-16 Price Changed $94,800 GAMLS
• 2026-04-14 Price Changed $94,900 GAMLS
• 2026-02-09 Listed $95,000 GAMLS
• 2025-12-13 Relisted — GAMLS
• 2025-12-13 Listing Removed — GAMLS
• 2025-12-12 Listing Removed — GAMLS
• 2025-12-06 Relisted — GAMLS
• 2025-12-05 Listing Removed — GAMLS
• 2025-11-28 Listed $105,000 GAMLS
• 2025-11-14 Coming Soon — GAMLS
• 2011-02-04 Listing Removed — FMLS
• 2011-02-03 Pending — FMLS
• 2011-01-19 Sold (MLS) $2,000 FMLS
• 2011-01-13 Relisted — FMLS
• 2010-12-31 Listing Removed — FMLS
• 2010-11-13 Price Changed $13,500 GAMLS
• 2010-11-12 Price Changed $13,500 FMLS
• 2010-10-08 Relisted — FMLS
• 2010-09-15 Pending — FMLS
• 2010-08-05 Relisted — FMLS
• 2010-08-01 Listing Removed — FMLS
• 2010-06-21 Relisted — FMLS
• 2010-06-14 Pending — FMLS
• 2010-04-02 Price Changed $16,200 GAMLS
• 2010-04-01 Price Changed $16,200 FMLS
• 2010-02-19 Relisted — FMLS
• 2010-02-19 Listing Removed — FMLS
• 2010-01-21 Relisted — FMLS
• 2009-12-17 Listing Removed — FMLS
• 1997-10-28 Sold (Public Records) $73,500 Public Records
• 1987-10-30 Sold (Public Records) $59,900 Public Records
• 1985-12-01 Sold (Public Records) $9,100 Public Records

Property tax history

+7.4%/yr

Latest (2025): $3,762 · +1.1% YoY. Source: county tax records.