6368 Kennonbriar Ct · Stonecrest, GA 30058

$147,000

3 bd · 2.5 ba · 1,514 sqft · Townhouse public records · 26 Days on market

Built 2018 1,306 sqft lot Est $209k · 30% under $130/mo HOA · 7% of rent

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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 +28.8/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +8.1/10.0
• 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

Opportunity awaits at this 2-bedroom townhouse offering approximately 1514 square feet in the established McKenna Square Lithonia community. This property presents an excellent value-add opportunity for investors, renovators, or buyers looking to customize a home to their personal style. 6368 Kennonbriar Ct features a spacious layout with generously sized living areas, a dedicated dining space, and well-proportioned bedrooms, providing a strong foundation for updates and improvements. With the right vision and renovations, this property has the potential to become a comfortable residence or a rewarding investment property. Situated in a convenient Lithonia location, the community offers eas

Key facts

• Spacious layout
• Easy access to parks
• $130 HOA

Tags

• SPACIOUS LAYOUT
• DEDICATED DINING SPACE
• CONVENIENT LITHONIA LOCATION
• EASY ACCESS TO SHOPPING
• EASY ACCESS TO DINING
• EASY ACCESS TO PARKS

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath townhouse listed at $147k.

Deal economics

• At list price, monthly cash flow is $492 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $147k).
• Recommended offer: $145k (1.5% below list) — sets the bar for market timing.
• Cap rate 10.3% 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: 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 22d on market — plan ~3-4 weeks tenant-placement turnaround); 1,240 units permitted in DeKalb County in 2024 (385 in 5+ unit buildings).
• This rent runs 37% 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.
• At projected returns (-3.0% appreciation + 1.2% rent growth), your $41k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 26 days — a 2% lower offer ($145k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: moderate wind risk, 23% chance of damaging wind over 30y; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $144,795 (1.5% below list)

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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: 1.31% ✓
• Cap rate: 10.31%
• Cash-on-cash: 14.34%
• DSCR: 1.64
• GRM: 6.4

CMA / ARV

• ARV (on-the-fly): $208,932
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
6386 Kennonbriar Ct	0.03mi	3/2.5	1,514 (0%)	8mo	$210,000	$139	92
6416 Kennonbriar Ct	0.09mi	3/2.5	1,514 (0%)	10mo	$224,900	$149	88
6394 Kennonbriar Ct	0.05mi	2/2.5 (-1)	1,514 (0%)	7mo	$220,000	$145	87
2254 Wellington Cir	0.41mi	3/2.0	1,404 (-7%)	9mo	$164,000	$117	59
2736 Parkway Trl	0.64mi	3/2.5	1,492 (-2%)	11mo	$193,000	$129	58
2292 Wellington Cir	0.32mi	2/2.0 (-1)	1,323 (-13%)	0mo	$183,000	$138	57
2381 Cove Rd	0.36mi	2/2.0 (-1)	1,296 (-14%)	3mo	$176,000	$136	50
2263 Wellington Cir	0.39mi	2/2.0 (-1)	1,296 (-14%)	2mo	$177,000	$137	49
2176 Wellington Cir	0.42mi	2/2.0 (-1)	1,296 (-14%)	0mo	$95,000	$73	49
849 Hillandale Ln	0.60mi	2/2.5 (-1)	1,355 (-10%)	1mo	$215,000	$159	49
2864 Parkway Close	0.68mi	3/2.5	1,650 (+9%)	11mo	$217,000	$132	44
6436 Parkway Trce	0.63mi	2/2.5 (-1)	1,320 (-13%)	3mo	$189,000	$143	42

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: 2.6%
• Equity multiple: 1.10×
• Total profit: $4,079
• Equity at exit: $21,918

10-year hold

• IRR: 10.4%
• Equity multiple: 1.74×
• Total profit: $30,361
• Equity at exit: $12,710

Cash invested: $41,160 (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: 6.4×

Monthly cashflow live

• Estimated rent: $1,919 high
• Mortgage (P&I): −$771
• Tax from tax record: −$62 /mo · $748/yr
• Insurance: −$61
• HOA: −$130
• Vacancy / Maint / Mgmt: −$403
• Net cashflow: $492

Break-even live

Break-even rent $1,297

Max offer price $147,000

Occupancy floor 69%

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: $36,750
• Closing costs: $4,410
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2330 McKenna Square Dr Lithonia, GA	3.0	2.5	1514	$2,075	$1.37	24d	1	0.10mi
6427 Wellington Chase Ct Lithonia, GA	2.0	2.5	1258	$1,640	$1.30	5d	1	0.16mi
6427 Wellington Chase Ct Lithonia, GA	2.0	2.5	1258	$1,695	$1.35	21d	1	0.16mi
6495 Wellington Chase Ct Lithonia, GA	2.0	1.0	1533	$950	$0.62	43d	1	0.18mi
6540 Wellington Chase Ct Lithonia, GA	3.0	2.0	1250	$1,800	$1.44	24d	1	0.20mi
6272 Creekford Dr Lithonia, GA	3.0	2.0	1200	$1,650	$1.38	5d	1	0.25mi
6749 Pole Creek Dr Lithonia, GA	4.0	2.5	1882	$2,195	$1.17	24d	1	0.26mi
6249 Creekford Ln Lithonia, GA	3.0	2.5	1352	$1,586	$1.17	43d	1	0.30mi
2360 Wellington Cir Lithonia, GA	3.0	2.5	1404	$1,900	$1.35	43d	1	0.32mi
3028 Stonebridge Creek Dr Lithonia, GA	3.0	2.0	1713	$1,739	$1.02	16d	1	0.33mi
6229 Creekford Ln Lithonia, GA	3.0	2.0	2086	$1,855	$0.89	2d	1	0.35mi
3010 Stonebridge Creek Dr Lithonia, GA	3.0	2.5	1623	$1,750	$1.08	43d	1	0.36mi
6290 Marbut Farms Ln Lithonia, GA	3.0	2.5	1392	$1,780	$1.28	5d	1	0.41mi
2839 Rambling Way Lithonia, GA	3.0	2.5	1623	$1,700	$1.05	1d	1	0.46mi
2839 Rambling Way Lithonia, GA	3.0	2.5	1623	$1,700	$1.05	18d	1	0.46mi
2144 Marbut Farms Entry Lithonia, GA	3.0	2.0	1715	$1,795	$1.05	43d	1	0.52mi
6258 Marbut Farms Ter Lithonia, GA	3.0	2.0	2016	$1,646	$0.82	24d	1	0.56mi
6162 Dana Ct Lithonia, GA	4.0	3.0	1792	$2,055	$1.15	5d	1	0.56mi
2103 Charles Cudd Ct Lithonia, GA	3.0	2.0	1332	$1,591	$1.19	20d	1	0.58mi
2614 Parkway Trl Lithonia, GA	3.0	2.0	1428	$1,795	$1.26	5d	1	0.62mi
2267 Cherokee Valley Dr Lithonia, GA	3.0	2.0	1176	$1,691	$1.44	5d	1	0.62mi
2070 Corners Cir Lithonia, GA	3.0	2.0	1392	$1,620	$1.16	24d	1	0.64mi
2671 Parkway Trl Lithonia, GA	2.0	2.5	1504	$1,850	$1.23	17d	1	0.64mi
6164 Saint Christophers Ct Lithonia, GA	3.0	2.5	1340	$1,730	$1.29	20d	1	0.65mi
2049 Charter Ln Lithonia, GA	2.0	3.0	1152	$1,695	$1.47	43d	1	0.73mi
564 Hillandale Park Dr Lithonia, GA	2.0	2.0	1150	$2,250	$1.96	43d	1	0.75mi
1964 Corners Cir Lithonia, GA	4.0	2.5	2224	$1,945	$0.87	5d	1	0.77mi
6414 Shalks Crossing Dr Lithonia, GA	3.0	2.5	1580	$2,050	$1.30	5d	1	0.79mi
6426 Charter Way Lithonia, GA	2.0	2.5	1166	$1,700	$1.46	43d	1	0.81mi
6430 Charter Way Lithonia, GA	3.0	2.0	1170	$1,450	$1.24	24d	1	0.81mi
6492 Charter Way Lithonia, GA	2.0	2.5	1168	$1,600	$1.37	12d	1	0.82mi
6256 Hillandale Dr Lithonia, GA	1.0–3.0	1.0–2.0	990	$1,599	$1.62	43d	1	0.83mi
2770 Field Spring Dr Lithonia, GA	4.0	2.5	2242	$1,995	$0.89	43d	1	0.83mi
6158 Raintree Bnd Lithonia, GA	3.0	2.0	1429	$1,856	$1.30	5d	1	0.84mi
6350 Laurel Post Dr Lithonia, GA	3.0	2.0	1344	$1,745	$1.30	43d	1	0.85mi
6416 Phillips Creek Dr Lithonia, GA	3.0	2.0	1365	$1,928	$1.41	5d	1	0.90mi
6012 Wellborn Trl Lithonia, GA	3.0	2.0	1510	$1,760	$1.17	1d	1	0.90mi
6387 Laurel Post Dr Lithonia, GA	3.0	2.5	1496	$1,699	$1.14	43d	1	0.90mi
6514 Eastbriar Dr Lithonia, GA	3.0	2.0	1572	$1,915	$1.22	43d	1	0.93mi
2073 Raintree Pl Lithonia, GA	3.0	2.5	1439	$2,000	$1.39	3d	1	0.95mi

HOA detail

• Monthly dues: $130 · $1,560/yr

Listing history 2 events

1. 2026-04-11
   status Under Contract
2. 2026-03-16
   listed $147,000 New

ⓘ 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: $748 · $62/mo
• Projected year-2 tax: $1,352 · $113/mo
• Expected delta: +$604/yr (+$50/mo · 80.7%)

ⓘ 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 ≥105°F today · 19 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 23% 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: $23,031
• − Mortgage interest: −$8,234
• − Property taxes: −$748
• − Insurance: −$735
• − Repairs & maintenance: −$1,842
• − Management: −$1,842
• − HOA: −$1,560
• − Depreciation: −$4,276
• Taxable income: $3,792
• Est. tax owed @ 24.0%: −$910
• After-tax cash flow: $4,990/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 events — show timeline

• 2026-04-11 Pending — GAMLS
• 2026-03-16 Listed $147,000 GAMLS

Property tax history

+0.5%/yr

Latest (2025): $748 · -7.6% YoY. Source: county tax records.