4292 Linecrest Ln · Stonecrest, GA 30294

$214,900

3 bd · 2.5 ba · 1,640 sqft · SingleFamily public records · 141 Days on market

Built 2001 10,018 sqft lot $131/sqft · 11% below area Est $241k · 11% under

---

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).

• ARV discount +12.4/15.0
• Cash flow +11.1/30.0
• 1% rule +4.0/10.0
• Rent growth +3.6/5.0
• DSCR +3.2/10.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Nice 2 story home, with 3 bedrooms and 2 full baths on the 2nd floor. On the main level is a spacious living room with a fireplace, half bath and sperate dinning room. Nice large yard to enjoy gatherings.

Key facts

• Separate dining room
• 2 story home
• Large yard

Tags

• 2 STORY HOME
• SPACIOUS LIVING ROOM
• FIREPLACE
• SEPARATE DINING ROOM
• LARGE YARD

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $215k.

Deal economics

• At list price, monthly cash flow is $-86 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $200k (7.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $194k (9.7% below list).
• Recommended offer: $189k (12.0% below list) — sets the bar for market timing.

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: 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); 254 active listings in the ZIP; 27 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,240 units permitted in DeKalb County in 2024 (385 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k 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 141 days — a 12% lower offer ($189k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts; this cycle's ask has dropped $25k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $131k; list at $215k implies a 64% 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→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $189,112 (12.0% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 141 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
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. 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?
6. 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.
7. 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.
8. 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: 0.90% ✗
• Cap rate: 5.81%
• Cash-on-cash: -1.72%
• DSCR: 0.92
• GRM: 9.2

CMA / ARV

• ARV (median comp): $241,129
• List price: $214,900
• Delta: -10.88%
• 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
4320 Catalpa Ct	0.09mi	3/2.5	1,560 (-5%)	2mo	$242,000	$155	86
4296 Ridgetop Trl	0.12mi	3/2.0	1,710 (+4%)	8mo	$180,000	$105	78
4261 Linecrest Ln	0.07mi	3/2.5	1,500 (-8%)	6mo	$240,000	$160	77
4281 Ridgetop Trl	0.15mi	4/3.0 (+1)	1,750 (+7%)	1mo	$255,000	$146	74
4310 Westglen Dr	0.28mi	3/2.0	1,512 (-8%)	2mo	$199,900	$132	70
3742 Linecrest Rd	0.22mi	3/2.5	1,516 (-8%)	9mo	$189,000	$125	70
4295 Catalpa Park	0.13mi	3/2.5	1,807 (+10%)	10mo	$255,000	$141	69
4350 Lincolndale Dr	0.59mi	3/2.0	1,642 (+0%)	4mo	$170,000	$104	67
3440 Homeward Trl	0.35mi	3/2.0	1,512 (-8%)	12mo	$225,000	$149	58
3958 River Rd	0.49mi	2/2.0 (-1)	1,548 (-6%)	5mo	$275,000	$178	56
3723 Chimney Ridge Ct	0.73mi	3/2.0	1,570 (-4%)	4mo	$240,000	$153	54
3851 Natalie Way	0.73mi	3/2.0	1,478 (-10%)	8mo	$175,000	$118	40

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: -17.2%
• Equity multiple: 0.38×
• Total profit: $-37,104
• Equity at exit: $32,042

10-year hold

• IRR: -6.2%
• Equity multiple: 0.57×
• Total profit: $-25,821
• Equity at exit: $18,581

Cash invested: $60,172 (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 30294

• Home prices YoY: -25.0%
• Rents YoY: 4.6%
• Active inventory: 254
• Price-to-rent: 9.2×

Monthly cashflow live

• Estimated rent: $1,940 high
• Mortgage (P&I): −$1,127
• Tax from tax record: −$402 /mo · $4,826/yr
• Insurance: −$90
• HOA: −$0
• Vacancy / Maint / Mgmt: −$407
• Net cashflow: $-86

Break-even live

Break-even rent $2,049

Max offer price $199,688

Occupancy floor 99%

Sensitivity live

Price	-10% $36	-5% $-25	+0% $-86	+5% $-147	+10% $-208
Rent	-10% $-239	-5% $-163	+0% $-86	+5% $-9	+10% $67
Rate	-1.0pp $22	-0.5pp $-31	base $-86	+0.5pp $-142	+1.0pp $-198

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: $53,725
• Closing costs: $6,447
• Reserves months: —
• Total cash needed: —

Rent comps 27 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4229 Catalpa Park Ellenwood, GA	3.0	2.0	1280	$1,675	$1.31	45d	1	0.15mi
4254 Catalpa Park Ellenwood, GA	3.0	2.0	2048	$1,605	$0.78	45d	1	0.15mi
3303 Homeward Trl Ellenwood, GA	3.0	2.0	1456	$1,799	$1.24	24d	1	0.21mi
3407 Homeward Trl Ellenwood, GA	3.0	2.0	1512	$1,695	$1.12	45d	1	0.35mi
3378 Homeward Trl Ellenwood, GA	3.0	2.0	1176	$1,695	$1.44	22d	1	0.36mi
3428 Homeward Trl Ellenwood, GA	3.0	2.0	1242	$1,795	$1.45	14d	1	0.37mi
4402 Davana Dr Ellenwood, GA	3.0	1.0	1056	$1,578	$1.49	1d	1	0.48mi
3342 Crestview Ct Ellenwood, GA	3.0	2.0	1290	$1,601	$1.24	7d	1	0.58mi
3335 Crestview Ct Ellenwood, GA	3.0	2.5	1492	$1,650	$1.11	26d	1	0.60mi
3346 Clevemont Way Ellenwood, GA	3.0	2.0	2216	$1,771	$0.80	1d	1	0.63mi
3821 River Rd Ellenwood, GA	3.0	2.0	1455	$2,195	$1.51	45d	1	0.76mi
4061 Faron Ct Ellenwood, GA	4.0	2.0	2184	$2,174	$1.00	1d	1	0.79mi
3862 Shane Ct Ellenwood, GA	4.0	2.0	1372	$1,750	$1.28	1d	1	0.83mi
4068 Day Trl S Ellenwood, GA	4.0	2.0	1836	$2,100	$1.14	6d	1	0.87mi
4676 Tara Creek Trl Ellenwood, GA	4.0	3.0	2188	$1,966	$0.90	1d	1	0.92mi
3924 Chimney Ridge Ct Ellenwood, GA	3.0	2.0	1252	$2,000	$1.60	45d	1	1.01mi
37 Poole Cir Ellenwood, GA	3.0	2.0	1080	$1,475	$1.37	45d	1	1.21mi
39 Poole Cir Ellenwood, GA	3.0	2.0	1080	$1,475	$1.37	14d	1	1.23mi
46 Poole Cir Ellenwood, GA	3.0	2.0	1080	$1,475	$1.37	26d	1	1.27mi
48 Poole Cir Ellenwood, GA	3.0	2.0	1080	$1,475	$1.37	20d	1	1.28mi
65 Poole Cir Ellenwood, GA	3.0	2.0	1080	$1,475	$1.37	20d	1	1.31mi
67 Poole Cir Ellenwood, GA	3.0	2.0	1080	$1,475	$1.37	20d	1	1.32mi
3328 River Run Trl Decatur, GA	3.0	2.0	1665	$1,981	$1.19	3d	1	1.38mi
3637 Windmill Rd Ellenwood, GA	3.0	1.0	1200	$1,695	$1.41	26d	1	1.41mi
3725 Patti Pkwy Decatur, GA	4.0	2.0	1914	$2,220	$1.16	45d	1	1.44mi
4023 Riverside Pkwy Decatur, GA	4.0	3.0	1870	$2,090	$1.12	45d	1	1.44mi
3716 Cress Way Dr Decatur, GA	4.0	2.5	1669	$2,160	$1.29	1d	1	1.48mi

Listing history 34 events

1. 2026-06-21
   days on market $214,900 Active 141 DOM
2. 2026-06-18
   days on market $214,900 Active 138 DOM
3. 2026-06-17
   days on market $214,900 Active 137 DOM
4. 2026-06-16
   days on market $214,900 Active 136 DOM
5. 2026-06-15
   days on market $214,900 Active 135 DOM
6. 2026-06-13
   days on market $214,900 Active 133 DOM
7. 2026-06-09
   days on market $214,900 Active 129 DOM
8. 2026-06-08
   days on market $214,900 Active 128 DOM
9. 2026-06-07
   days on market $214,900 Active 127 DOM
10. 2026-06-04
    statusdays on market $214,900 Active 124 DOM
11. 2026-06-03
    days on market $214,900 Price Change 123 DOM
12. 2026-06-02
    days on market $214,900 Price Change 122 DOM
13. 2026-06-02
    pricestatus $214,900 Price Change 121 DOM
14. 2026-06-01
    days on market $224,900 Active 121 DOM
15. 2026-05-31
    days on market $224,900 Active 120 DOM
16. 2026-04-24
    status Back On Market 204-char remark

    Show marketing remark (204 chars)

    Nice 2 story home, with 3 bedrooms and 2 full baths on the 2nd floor. On the main level is a spacious living room with a fireplace, half bath and sperate dinning room. Nice large yard to enjoy gatherings.

17. 2026-04-13
    status Under Contract 204-char remark

    Show marketing remark (204 chars)

    Nice 2 story home, with 3 bedrooms and 2 full baths on the 2nd floor. On the main level is a spacious living room with a fireplace, half bath and sperate dinning room. Nice large yard to enjoy gatherings.

18. 2026-02-25
    price $224,900 204-char remark

    Show marketing remark (204 chars)

    Nice 2 story home, with 3 bedrooms and 2 full baths on the 2nd floor. On the main level is a spacious living room with a fireplace, half bath and sperate dinning room. Nice large yard to enjoy gatherings.

19. 2026-01-20
    listed $239,900 New 204-char remark

    Show marketing remark (204 chars)

    Nice 2 story home, with 3 bedrooms and 2 full baths on the 2nd floor. On the main level is a spacious living room with a fireplace, half bath and sperate dinning room. Nice large yard to enjoy gatherings.

20. 2025-12-26
    historical
21. 2025-12-26
    historical
22. 2025-12-04
    price $229,900
23. 2025-12-04
    price $229,900
24. 2025-11-17
    price $234,900
25. 2025-11-17
    price $234,900
26. 2025-10-02
    price $240,900
27. 2025-10-02
    price $240,900
28. 2025-09-23
    price $247,900
29. 2025-09-23
    price $247,900
30. 2025-09-04
    historical
31. 2025-08-26
    listed $259,900 Active
32. 2025-08-26
    listed $259,900 New
33. 2025-08-26
    listed $259,900 New
34. 2002-01-07
    soldstatus $131,100

ⓘ 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: $4,826 · $402/mo
• Projected year-2 tax: $4,826 · $402/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 3/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥105°F today · 18 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: $23,279
• − Mortgage interest: −$12,038
• − Property taxes: −$4,826
• − Insurance: −$1,074
• − Repairs & maintenance: −$1,862
• − Management: −$1,862
• − Depreciation: −$6,252
• Taxable loss: −$4,635
• Est. tax savings @ 24.0%: +$1,112
• After-tax cash flow: $79/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

+71.5% since first listed

19 events — show timeline

• 2026-04-24 Relisted — GAMLS
• 2026-04-13 Pending — GAMLS
• 2026-02-25 Price Changed $224,900 GAMLS
• 2026-01-20 Listed $239,900 GAMLS
• 2025-12-26 Listing Removed — GAMLS
• 2025-12-26 Listing Removed — FMLS
• 2025-12-04 Price Changed $229,900 FMLS
• 2025-12-04 Price Changed $229,900 GAMLS
• 2025-11-17 Price Changed $234,900 GAMLS
• 2025-11-17 Price Changed $234,900 FMLS
• 2025-10-02 Price Changed $240,900 FMLS
• 2025-10-02 Price Changed $240,900 GAMLS
• 2025-09-23 Price Changed $247,900 FMLS
• 2025-09-23 Price Changed $247,900 GAMLS
• 2025-09-04 Listing Removed — GAMLS
• 2025-08-26 Listed $259,900 GAMLS
• 2025-08-26 Listed $259,900 GAMLS
• 2025-08-26 Listed $259,900 FMLS
• 2002-01-07 Sold (Public Records) $131,100 Public Records

Property tax history

+3.8%/yr

Latest (2025): $4,826 · +31.8% YoY. Source: county tax records.