1427 Stone Mill Trce · Tucker, GA 30083

$65,000

3 bd · 1.5 ba · 1,264 sqft · Condo public records · 7 Days on market

Built 1974 $51/sqft · 36% below area Est $102k · 36% under $385/mo HOA · 23% 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 +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• 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

Discover the perfect blend of comfort, convenience, and peace of mind in this beautifully maintained 2bedroom, 1.5bath home, tucked away in a quiet, wellkept community. The spacious layout features generously sized bedrooms, an inviting living area, and an updated kitchen. All major systems and components replaced within the last year. Located just minutes from Stone Mountain Park, shopping, schools, and major commuter routes, this home offers the lifestyle and accessibility buyers want. The home price is set to sell, and the seller is highly motivated. Opportunities like this are rare and move quickly. Call today to schedule a viewing and make this home yours before its gone.

Key facts

• $385 HOA
• Garage
• Built 1974

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath condo listed at $65k.

Deal economics

• At list price, monthly cash flow is $314 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $65k).
• Cap rate 12.1% vs local median 3.4% in Tucker — 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.
• Market conditions: Rents rising (+1.3%/yr); 257 active listings in the ZIP; 34 comparable units currently listed for rent nearby; rentals at typical pace (median 17d 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 36% of the median local income ($55k/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 + 1.3% rent growth), your $18k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• Only 7 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 8y ago; this cycle's ask has dropped $5k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $27k; list at $65k implies a 141% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 4.3% of price; HOA is 23% of rent.
• Climate carrying-cost: moderate wind risk, 23% 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 $65,000

Questions for the listing agent

1. Built in 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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 apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 2.53% ✓
• Cap rate: 12.09%
• Cash-on-cash: 20.69%
• DSCR: 1.92
• GRM: 3.3

CMA / ARV

• ARV (median comp): $101,667
• List price: $65,000
• Delta: -31.15%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 1.31% rent growth · sell at horizon

5-year hold

• IRR: 10.1%
• Equity multiple: 1.39×
• Total profit: $7,064
• Equity at exit: $9,692

10-year hold

• IRR: 17.0%
• Equity multiple: 2.23×
• Total profit: $22,434
• 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 30083

• Rents YoY: 1.3%
• Active inventory: 257
• Price-to-rent: 3.3×

Monthly cashflow live

• Estimated rent: $1,642 high
• Mortgage (P&I): −$341
• Tax from tax record: −$230 /mo · $2,763/yr
• Insurance: −$27
• HOA: −$385
• Vacancy / Maint / Mgmt: −$345
• Net cashflow: $314

Break-even live

Break-even rent $1,245

Max offer price $65,000

Occupancy floor 76%

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
1900 Tree Mountain Pkwy Stone Mountain, GA	1.0–2.0	1.0–2.5	1118	$1,200	$1.07	1d	25	0.18mi
1313 Stone Mill Way Stone Mountain, GA	1.0–4.0	1.0–2.5	1004	$1,633	$1.63	15d	12	0.31mi
1310 Wood Bend Dr Stone Mountain, GA	1.0–2.0	1.0–2.0	909	$1,500	$1.65	1d	78	0.38mi
4996 Sheila Ln Stone Mountain, GA	4.0	2.0	1450	$1,890	$1.30	1d	1	0.67mi
4923 Sheila Ln Stone Mountain, GA	3.0	2.0	1266	$1,200	$0.95	43d	1	0.76mi
4959 Demere Ct Stone Mountain, GA	3.0	2.0	1695	$2,000	$1.18	12d	1	0.79mi
4840 Hairston Park Sq Stone Mountain, GA	3.0	2.5	1560	$1,795	$1.15	3d	1	0.84mi
4840 Hairston Park Sq Stone Mountain, GA	3.0	2.5	1560	$1,845	$1.18	43d	1	0.84mi
1248 Park Blvd Stone Mountain, GA	3.0	2.0	1350	$1,880	$1.39	43d	1	0.84mi
4832 Hairston Park Sq Stone Mountain, GA	3.0	2.5	1560	$1,800	$1.15	20d	1	0.84mi
4958 Central Dr Apt D Stone Mountain, GA	2.0	1.0	900	$995	$1.11	22d	1	0.86mi
4900 Central Dr Stone Mountain, GA	1.0–3.0	1.0–2.0	1100	$1,725	$1.57	1d	15	0.88mi
200 Summit Lake Dr Stone Mountain, GA	3.0	2.0	1486	$1,809	$1.22	22d	1	0.93mi
200 Summit Lake Dr Stone Mountain, GA	2.0	2.0	1175	$1,389	$1.18	12d	1	0.93mi
205 Summit Lake Dr Stone Mountain, GA	2.0	2.0	1155	$1,634	$1.41	43d	1	0.93mi
205 Summit Lake Dr Stone Mountain, GA	2.0	2.0	1175	$1,559	$1.33	12d	1	0.93mi
1047 Ridge Ave Stone Mountain, GA	3.0	1.0	1402	$2,150	$1.53	24d	1	0.99mi
1 Chatfield Dr Stone Mountain, GA	1.0–3.0	1.0–2.5	1060	$1,565	$1.48	2d	20	1.01mi
1010 Sexton Dr Stone Mountain, GA	2.0	2.0	1000	$1,250	$1.25	12d	1	1.02mi
5100 W Mountain St Stone Mountain, GA	1.0–3.0	1.0–2.0	1150	$1,484	$1.29	3d	11	1.02mi
1150 Rankin St Stone Mountain, GA	2.0	2.5	1495	$1,850	$1.24	24d	1	1.03mi
1311 Old Countryside Cir Stone Mountain, GA	3.0	2.5	1381	$2,101	$1.52	5d	1	1.03mi
1700 Weatherly Dr Stone Mountain, GA	1.0–2.0	1.0–2.0	769	$1,215	$1.58	5d	1	1.05mi
1150 Rankin St Stone Mountain, GA	2.0–3.0	2.5	1437	$1,850	$1.29	43d	2	1.06mi
5030 W Mountain St Stone Mountain, GA	2.0	1.0	1175	$1,199	$1.02	43d	1	1.06mi
1305 Old Countryside Cir W Stone Mountain, GA	3.0	2.0	1132	$1,719	$1.52	16d	1	1.08mi
1173 N Hairston Rd Stone Mountain, GA	2.0	1.0–2.0	1161	$1,426	$1.23	1d	30	1.09mi
1259 Old Countryside Cir Stone Mountain, GA	3.0	2.0	1309	$1,795	$1.37	43d	1	1.12mi
1075 N Hairston Rd Stone Mountain, GA	1.0–3.0	1.0–2.0	992	$1,540	$1.55	5d	12	1.13mi
967 Pine Roc Dr Stone Mountain, GA	3.0	2.0	1206	$1,900	$1.58	10d	1	1.17mi
1073 Thornwoode Ln Stone Mountain, GA	3.0	2.5	1235	$697	$0.56	22d	1	1.18mi
1509 Kilmuir Way Stone Mountain, GA	2.0	2.5	1160	$1,550	$1.34	43d	1	1.19mi
1059 Mariners Dr Stone Mountain, GA	2.0	1.5	1328	$1,600	$1.20	43d	1	1.36mi
1010 Mariners Ct Stone Mountain, GA	3.0	2.0	1739	$1,475	$0.85	43d	1	1.39mi

HOA detail condo

• Monthly dues: $385 · $4,620/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 28 events

1. 2026-06-18
   days on market $65,000 Active 7 DOM
2. 2026-06-17
   days on market $65,000 Active 6 DOM
3. 2026-06-16
   days on market $65,000 Active 5 DOM
4. 2026-06-15
   days on market $65,000 Active 4 DOM
5. 2026-06-13
   statusdays on marketlisting id $65,000 Active 2 DOM
6. 2026-06-10
   remarks 699-char remark
7. 2026-06-10
   pricestatusdays on marketlisting id $65,000 New 1 DOM
8. 2026-06-03
   days on market $70,000 Active 84 DOM
9. 2026-06-02
   days on market $70,000 Active 83 DOM
10. 2026-06-01
    days on market $70,000 Active 82 DOM
11. 2026-05-31
    days on market $70,000 Active 81 DOM
12. 2026-03-11
    listed $70,000 Active 685-char remark

    Show marketing remark (685 chars)

    Discover the perfect blend of comfort, convenience, and peace of mind in this beautifully maintained 2bedroom, 1.5bath home, tucked away in a quiet, wellkept community. The spacious layout features generously sized bedrooms, an inviting living area, and an updated kitchen. All major systems and components replaced within the last year. Located just minutes from Stone Mountain Park, shopping, schools, and major commuter routes, this home offers the lifestyle and accessibility buyers want. The home price is set to sell, and the seller is highly motivated. Opportunities like this are rare and move quickly. Call today to schedule a viewing and make this home yours before its gone.

13. 2026-03-11
    historical

    Show marketing remark (685 chars)

    Discover the perfect blend of comfort, convenience, and peace of mind in this beautifully maintained 2bedroom, 1.5bath home, tucked away in a quiet, wellkept community. The spacious layout features generously sized bedrooms, an inviting living area, and an updated kitchen. All major systems and components replaced within the last year. Located just minutes from Stone Mountain Park, shopping, schools, and major commuter routes, this home offers the lifestyle and accessibility buyers want. The home price is set to sell, and the seller is highly motivated. Opportunities like this are rare and move quickly. Call today to schedule a viewing and make this home yours before its gone.

14. 2026-03-10
    listed $70,000 New
15. 2026-01-03
    status Under Contract
16. 2025-12-16
    historical
17. 2025-12-11
    listed $85,000 New
18. 2018-04-16
    soldstatus $27,000
19. 2018-02-28
    soldstatus $27,000 Sold
20. 2018-02-12
    status Under Contract
21. 2018-02-09
    listed $29,500 New
22. 2018-02-01
    historical
23. 2018-01-27
    listed $29,500 New
24. 2007-07-12
    soldstatus $69,000
25. 2004-04-13
    soldstatus $70,000
26. 2004-01-06
    soldstatus $40,000
27. 1994-04-18
    soldstatus $42,500
28. 1990-06-06
    soldstatus $40,800

ⓘ 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: $2,763 · $230/mo
• Projected year-2 tax: $2,763 · $230/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 5/10 Major 7 d/yr ≥104°F today · 18 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 23% chance of damaging wind over 30 yrs
• 🫁 Air quality 6/10 Major 8 unhealthy d/yr today · 11 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,701
• − Mortgage interest: −$3,641
• − Property taxes: −$2,763
• − Insurance: −$325
• − Repairs & maintenance: −$1,576
• − Management: −$1,576
• − HOA: −$4,620
• − Depreciation: −$1,891
• Taxable income: $3,310
• Est. tax owed @ 24.0%: −$794
• After-tax cash flow: $2,972/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 — Tucker

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

Census & demographics

• Census place: Tucker, GA
• County: Dekalb County · 782,738 people
• City population: 38,242
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 62,724
• Household income: $55,307
• Rent vs Own: 48.9% rent · 51.1% own
• Severe rent burden: 3574.0

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 (75%)
• Race & ethnicity: Black 75% White 8% Asian 8% Hispanic / Latino 5% Two or more races 5%
• Common ancestry: Arab 1%
• Foreign-born: 24% · Canada, Vietnam, India
• Languages at home: 71% English-only · Spanish 4% Other Indo-European 4% Vietnamese 2%

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: ▼ -213.61%
• Current HPI: 216.2527
• Rent YoY: ▲ 1.31%
• 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

+71.6% since first listed

17 events — show timeline

• 2026-03-11 Listed $70,000 ForSaleByOwner.com
• 2026-03-11 Listing Removed — GAMLS
• 2026-03-10 Listed $70,000 GAMLS
• 2026-01-03 Pending — GAMLS
• 2025-12-16 Listing Removed — GAMLS
• 2025-12-11 Listed $85,000 GAMLS
• 2018-04-16 Sold (Public Records) $27,000 Public Records
• 2018-02-28 Sold (MLS) $27,000 GAMLS
• 2018-02-12 Pending — GAMLS
• 2018-02-09 Listed $29,500 GAMLS
• 2018-02-01 Listing Removed — GAMLS
• 2018-01-27 Listed $29,500 GAMLS
• 2007-07-12 Sold (Public Records) $69,000 Public Records
• 2004-04-13 Sold (Public Records) $70,000 Public Records
• 2004-01-06 Sold (Public Records) $40,000 Public Records
• 1994-04-18 Sold (Public Records) $42,500 Public Records
• 1990-06-06 Sold (Public Records) $40,800 Public Records

Property tax history

+9.6%/yr

Latest (2025): $2,763 · -18.3% YoY. Source: county tax records.