3190 Haynes Park Dr · Stonecrest, GA 30038

$204,900

3 bd · 2.5 ba · 1,396 sqft · Townhouse public records · 16 Days on market

Built 2018 1,742 sqft lot Est $240k · 15% under $110/mo HOA · 5% of rent ↓ 32% since listing

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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).

• ARV discount +14.1/15.0
• Cash flow +13.4/30.0
• 1% rule +5.5/10.0
• DSCR +4.0/10.0
• 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

Priced to move and priced with purpose, this 3-bedroom townhome in the Haynes Park community of Stonecrest is an estate sale being offered at $204,900 with a clear goal: a fast, clean closing. The home is clean, well-maintained, and move-in ready, with existing furniture that can convey with the sale or be removed prior to closing at the buyer's preference. This is a strong opportunity for an owner-occupant seeking affordable, turnkey housing or an investor looking for a straightforward rental addition in a proven townhome community. Estate sale opportunities at this price point rarely surface in this market, especially for a newer townhome offering this level of flexibility from a motivated estate. No inflated pricing, no complicated terms - just a clean home, a clear price, and terms designed to get to the closing table without friction.

Key facts

• $110 HOA
• 2 garage spots
• Built 2018

Property features AI

Finance

• HOA & community: Monthly association fee of $110; Association covers grounds maintenance; Community features include homeowners association and sidewalks

Exterior

• Parking: Attached garage (2 spaces); Total 2 parking spaces
• Utilities: Public water; Public sewer; 110-volt electric; Cable available; Electricity available; Natural gas available; Sewer available; Water available
• Home design: Two-story home; Fee simple ownership; Resale property; Slab foundation
• Construction: Brick, cedar, and wood siding construction; Composition roof; Built on slab foundation
• Exterior features: Front porch; Asphalt road frontage; City street access; Sidewalks; Homeowners association

Interior

• Kitchen: Dishwasher; Refrigerator; Kitchen opens to family room / has view to family room
• Bedrooms: Three upstairs bedrooms; Bedroom features: Other
• Flooring: Carpet; Ceramic tile; Hardwood
• Bathrooms: Two full bathrooms; One half bathroom (main level)
• Heating & cooling: Central heating; Central air; Ceiling fans
• Interior features: High-speed internet available; Fireplace in the living room; Open-concept dining area; View from the kitchen to the family room; Family room
• Laundry & utility: Laundry closet

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath townhouse listed at $205k.

Deal economics

• At list price, monthly cash flow is $3 ($42/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $205k).
• Recommended offer: $202k (1.5% below list) — sets the bar for market timing.
• Cap rate 6.3% vs local median 5.1% in Stonecrest — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

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: Murphey Candler Elementary School (math 2% / reading 17%, grade F, #1,092 of 1,228 statewide, top 91%, 528 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 11% at this address vs 24% district-wide (-13 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 fast (+4.6%/yr); 321 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals at typical pace (median 21d 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 35% 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 $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 16 days — a 2% lower offer ($202k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 8y 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 $155k; 32% above their basis — modest negotiation headroom, anchor on the comps not their cost.

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 $201,826 (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. 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: 1.05% ✓
• Cap rate: 6.31%
• Cash-on-cash: 0.07%
• DSCR: 1.00
• GRM: 8.0

CMA / ARV

• ARV (on-the-fly): $240,112
• Comps found: 6

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3194 Haynes Park Dr	0.01mi	3/2.5	1,396 (0%)	9mo	$235,000	$168	92
7765 Haynes Park Cir	0.07mi	3/2.5	1,394 (-0%)	7mo	$213,000	$153	91
7701 Haynes Park Pl	0.03mi	3/2.5	1,394 (-0%)	11mo	$240,000	$172	89
3192 Haynes Park Dr	0.00mi	3/2.5	1,361 (-2%)	16mo	$250,000	$184	83
7676 Glade Trl	0.07mi	3/2.5	1,326 (-5%)	21mo	$273,900	$207	70
3126 Haynes Park Dr	0.13mi	3/2.5	1,559 (+12%)	19mo	$255,000	$164	58

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: -14.0%
• Equity multiple: 0.49×
• Total profit: $-29,266
• Equity at exit: $30,551

10-year hold

• IRR: -2.2%
• Equity multiple: 0.83×
• Total profit: $-9,486
• Equity at exit: $17,716

Cash invested: $57,372 (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: 8.0×

Monthly cashflow live

• Estimated rent: $2,147 high
• Mortgage (P&I): −$1,075
• Tax from tax record: −$423 /mo · $5,075/yr
• Insurance: −$85
• HOA: −$110
• Vacancy / Maint / Mgmt: −$451
• Net cashflow: $3

Break-even live

Break-even rent $2,143

Max offer price $204,900

Occupancy floor 95%

Sensitivity live

Price	-10% $119	-5% $61	+0% $3	+5% $-54	+10% $-112
Rent	-10% $-166	-5% $-81	+0% $3	+5% $88	+10% $173
Rate	-1.0pp $107	-0.5pp $56	base $3	+0.5pp $-50	+1.0pp $-104

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: $51,225
• Closing costs: $6,147
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2901 Emme Ct Conyers, GA	3.0	2.5	1792	$2,250	$1.26	26d	1	0.10mi
2726 Kemp Ct Conyers, GA	3.0	2.5	1792	$2,500	$1.40	20d	1	0.20mi
2730 Kemp Ct Conyers, GA	3.0	2.5	1792	$2,295	$1.28	26d	1	0.21mi
2414 Fitts Dr Conyers, GA	3.0	2.5	1792	$2,400	$1.34	45d	1	0.26mi
2402 Fitts Dr Conyers, GA	3.0	2.5	1800	$2,000	$1.11	45d	1	0.28mi
100 Deer Creek Cir Stonecrest, GA	3.0	2.0–2.5	1407	$1,500	$1.07	1d	5	0.29mi
100 Wesley Stonecrest Cir Stonecrest, GA	1.0–3.0	1.0–2.0	1215	$1,817	$1.50	1d	29	0.90mi
2294 Iris Dr SW Conyers, GA	3.0	2.5	1758	$2,299	$1.31	7d	1	1.11mi
50 St James Dr Conyers, GA	1.0–3.0	1.0–2.0	1037	$1,760	$1.70	1d	44	1.28mi
3499 Lakeview Crk Lithonia, GA	3.0	2.5	1470	$2,100	$1.43	45d	1	1.46mi
100 Kensington Cir Stonecrest, GA	1.0–3.0	1.0–2.0	1234	$1,976	$1.60	0d	65	1.48mi

HOA detail

• Monthly dues: $110 · $1,320/yr

Listing history 11 events

1. 2026-06-04
   status $204,900 Pending 16 DOM
2. 2026-06-03
   days on market $204,900 Active Under Contract 16 DOM
3. 2026-06-02
   days on market $204,900 Active Under Contract 15 DOM
4. 2026-06-01
   days on market $204,900 Active Under Contract 14 DOM
5. 2026-05-31
   days on market $204,900 Active Under Contract 13 DOM
6. 2026-05-11
   listed $204,900 Active

   Show marketing remark (851 chars)

   Priced to move and priced with purpose, this 3-bedroom townhome in the Haynes Park community of Stonecrest is an estate sale being offered at $204,900 with a clear goal: a fast, clean closing. The home is clean, well-maintained, and move-in ready, with existing furniture that can convey with the sale or be removed prior to closing at the buyer's preference. This is a strong opportunity for an owner-occupant seeking affordable, turnkey housing or an investor looking for a straightforward rental addition in a proven townhome community. Estate sale opportunities at this price point rarely surface in this market, especially for a newer townhome offering this level of flexibility from a motivated estate. No inflated pricing, no complicated terms - just a clean home, a clear price, and terms designed to get to the closing table without friction.

7. 2026-05-11
   listed $204,900 New 851-char remark

   Show marketing remark (851 chars)

   Priced to move and priced with purpose, this 3-bedroom townhome in the Haynes Park community of Stonecrest is an estate sale being offered at $204,900 with a clear goal: a fast, clean closing. The home is clean, well-maintained, and move-in ready, with existing furniture that can convey with the sale or be removed prior to closing at the buyer's preference. This is a strong opportunity for an owner-occupant seeking affordable, turnkey housing or an investor looking for a straightforward rental addition in a proven townhome community. Estate sale opportunities at this price point rarely surface in this market, especially for a newer townhome offering this level of flexibility from a motivated estate. No inflated pricing, no complicated terms - just a clean home, a clear price, and terms designed to get to the closing table without friction.

8. 2018-11-16
   soldstatus $154,990 Sold 531-char remark

   Show marketing remark (531 chars)

   THE BUCKINGHAM-A BEAUTIFUL 3 BEDROOM/2.5 BATH HOME WITH LVT FLOORING ON THE ENTIRE FIRST FLOOR, EXQUISITE TRIM DETAIL IN FOYER, OPEN FLOORPLAN WITH GOURMET CENTER ISLAND AND EAT IN BREAKFAST AREA. GRANITE COUNTERTOPS, STAINLESS STEEL APPLIANCES, WASHER/DRYER, AND 2" FAUX WOOD BLINDS THROUGHOUT ARE OFFERED AS INCLUDED FEATURES. MASTER BEDROOM WITH VAULTED CEILING, TWO SPACIOUS SECONDARY BEDROOMS, AND TWO FULL BATHS ALONG WITH LAUNDRY ROOM COMPLETE THE UPSTAIRS LEVEL. HOME IS UNDER CONSTRUCTION. READY TO MOVE IN NOV 2018.

9. 2018-07-30
   status Pending 531-char remark

   Show marketing remark (531 chars)

   THE BUCKINGHAM-A BEAUTIFUL 3 BEDROOM/2.5 BATH HOME WITH LVT FLOORING ON THE ENTIRE FIRST FLOOR, EXQUISITE TRIM DETAIL IN FOYER, OPEN FLOORPLAN WITH GOURMET CENTER ISLAND AND EAT IN BREAKFAST AREA. GRANITE COUNTERTOPS, STAINLESS STEEL APPLIANCES, WASHER/DRYER, AND 2" FAUX WOOD BLINDS THROUGHOUT ARE OFFERED AS INCLUDED FEATURES. MASTER BEDROOM WITH VAULTED CEILING, TWO SPACIOUS SECONDARY BEDROOMS, AND TWO FULL BATHS ALONG WITH LAUNDRY ROOM COMPLETE THE UPSTAIRS LEVEL. HOME IS UNDER CONSTRUCTION. READY TO MOVE IN NOV 2018.

10. 2018-07-27
    listed $154,990 Active 531-char remark

    Show marketing remark (531 chars)

    THE BUCKINGHAM-A BEAUTIFUL 3 BEDROOM/2.5 BATH HOME WITH LVT FLOORING ON THE ENTIRE FIRST FLOOR, EXQUISITE TRIM DETAIL IN FOYER, OPEN FLOORPLAN WITH GOURMET CENTER ISLAND AND EAT IN BREAKFAST AREA. GRANITE COUNTERTOPS, STAINLESS STEEL APPLIANCES, WASHER/DRYER, AND 2" FAUX WOOD BLINDS THROUGHOUT ARE OFFERED AS INCLUDED FEATURES. MASTER BEDROOM WITH VAULTED CEILING, TWO SPACIOUS SECONDARY BEDROOMS, AND TWO FULL BATHS ALONG WITH LAUNDRY ROOM COMPLETE THE UPSTAIRS LEVEL. HOME IS UNDER CONSTRUCTION. READY TO MOVE IN NOV 2018.

11. 2018-04-13
    soldstatus $300,000

ⓘ 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: $5,075 · $423/mo
• Projected year-2 tax: $5,075 · $423/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 ≥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: $25,767
• − Mortgage interest: −$11,478
• − Property taxes: −$5,075
• − Insurance: −$1,024
• − Repairs & maintenance: −$2,061
• − Management: −$2,061
• − HOA: −$1,320
• − Depreciation: −$5,961
• Taxable loss: −$3,214
• Est. tax savings @ 24.0%: +$771
• After-tax cash flow: $813/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

-31.7% since first listed

10 events — show timeline

• 2026-06-05 Pending — GAMLS
• 2026-06-04 Pending — FMLS
• 2026-05-29 Contingent — GAMLS
• 2026-05-29 Contingent — FMLS
• 2026-05-11 Listed $204,900 FMLS
• 2026-05-11 Listed $204,900 GAMLS
• 2018-11-16 Sold (MLS) $154,990 FMLS
• 2018-07-30 Pending — FMLS
• 2018-07-27 Listed $154,990 FMLS
• 2018-04-13 Sold (Public Records) $300,000 Public Records

Property tax history

+32.7%/yr

Latest (2025): $5,075 · +0.1% YoY. Source: county tax records.