6488 Wellington Chase Ct · Stonecrest, GA 30058

$150,000

2 bd · 1.5 ba · 1,280 sqft · Townhouse public records · 41 Days on market

Built 2001 2,178 sqft lot $117/sqft · 12% below area Est $170k · 12% under $30/mo HOA · 2% of rent

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Why this score? — see what drove the C 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 +21.2/30.0
• ARV discount +12.8/15.0
• 1% rule +6.7/10.0
• DSCR +6.7/10.0
• 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

Charming 2-story townhouse in a convenient Lithonia location! This well-maintained home features a comfortable layout with a blend of ceramic tile and carpet flooring throughout. The kitchen comes fully equipped with wood cabinetry and ample workspace, perfect for everyday living. Upstairs, you’ll find two spacious bedrooms and a full bath, along with a convenient half bath on the main level. Enjoy a partially fenced backyard, ideal for relaxing or light outdoor use. Located near shopping, dining, and major roadways, this home offers both comfort and accessibility. Don’t miss this great opportunity!

Key facts

• Carpet flooring
• Ample workspace
• Wood cabinetry

Tags

• CERAMIC TILE FLOORING
• CARPET FLOORING
• WOOD CABINETRY
• AMPLE WORKSPACE
• PARTIALLY FENCED BACKYARD
• SHOPPING DINING ACCESS

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath townhouse listed at $150k.

Deal economics

• At list price, monthly cash flow is $216 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).
• Recommended offer: $146k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.0% 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 C — 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 (+1.2%/yr); 441 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 34% 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.

Negotiation context

• It's been on market 41 days — a 3% lower offer ($146k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 13y ago; this cycle's ask is 3% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $57k; list at $150k implies a 163% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: moderate wind risk, 26% 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 $145,500 (3.0% below list)

Questions for the listing agent

1. It's been on market 41 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 1.17% ✓
• Cap rate: 8.02%
• Cash-on-cash: 6.17%
• DSCR: 1.27
• GRM: 7.1

CMA / ARV

• ARV (median comp): $169,979
• List price: $150,000
• Delta: -11.75%
• 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
6559 Wellington Chase Ct	0.15mi	2/1.5	1,280 (0%)	4mo	$130,000	$102	90
6344 Wellington Walk Way	0.30mi	2/2.5	1,212 (-5%)	3mo	$140,000	$116	71
2292 Wellington Cir	0.52mi	2/2.0	1,323 (+3%)	0mo	$183,000	$138	68
2381 Cove Rd	0.56mi	2/2.0	1,296 (+1%)	3mo	$176,000	$136	67
6436 Parkway Trce	0.45mi	2/2.5	1,320 (+3%)	3mo	$189,000	$143	67
2263 Wellington Cir	0.59mi	2/2.0	1,296 (+1%)	2mo	$177,000	$137	67
2176 Wellington Cir	0.62mi	2/2.0	1,296 (+1%)	1mo	$95,000	$73	66
6460 Wellington Chase Ct	0.07mi	3/2.0 (+1)	1,100 (-14%)	0mo	$181,000	$165	66
2356 Cove Rd	0.55mi	2/2.5	1,176 (-8%)	2mo	$185,000	$157	55
849 Hillandale Ln	0.70mi	2/2.5	1,355 (+6%)	1mo	$215,000	$159	53
6534 Charter Way	0.67mi	2/2.5	1,176 (-8%)	1mo	$125,000	$106	51
6510 Charter Way	0.73mi	3/2.5 (+1)	1,408 (+10%)	2mo	$169,000	$120	39

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: -9.0%
• Equity multiple: 0.68×
• Total profit: $-13,598
• Equity at exit: $22,365

10-year hold

• IRR: -2.4%
• Equity multiple: 0.85×
• Total profit: $-6,178
• Equity at exit: $12,969

Cash invested: $42,000 (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: 441
• Price-to-rent: 7.1×

Monthly cashflow live

• Estimated rent: $1,756 high
• Mortgage (P&I): −$787
• Tax from tax record: −$292 /mo · $3,508/yr
• Insurance: −$62
• HOA: −$30
• Vacancy / Maint / Mgmt: −$369
• Net cashflow: $216

Break-even live

Break-even rent $1,483

Max offer price $150,000

Occupancy floor 83%

Sensitivity live

Price	-10% $301	-5% $258	+0% $216	+5% $174	+10% $131
Rent	-10% $77	-5% $147	+0% $216	+5% $285	+10% $355
Rate	-1.0pp $292	-0.5pp $254	base $216	+0.5pp $177	+1.0pp $138

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: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6495 Wellington Chase Ct Lithonia, GA	2.0	1.0	1533	$950	$0.62	44d	1	0.04mi
6540 Wellington Chase Ct Lithonia, GA	3.0	2.0	1250	$1,800	$1.44	25d	1	0.11mi
6427 Wellington Chase Ct Lithonia, GA	2.0	2.5	1258	$1,640	$1.30	6d	1	0.14mi
6427 Wellington Chase Ct Lithonia, GA	2.0	2.5	1258	$1,695	$1.35	23d	1	0.14mi
2330 McKenna Square Dr Lithonia, GA	3.0	2.5	1514	$2,075	$1.37	25d	1	0.14mi
3028 Stonebridge Creek Dr Lithonia, GA	3.0	2.0	1713	$1,739	$1.02	18d	1	0.27mi
3010 Stonebridge Creek Dr Lithonia, GA	3.0	2.5	1623	$1,750	$1.08	44d	1	0.30mi
2839 Rambling Way Lithonia, GA	3.0	2.5	1623	$1,700	$1.05	3d	1	0.41mi
2839 Rambling Way Lithonia, GA	3.0	2.5	1623	$1,700	$1.05	19d	1	0.41mi
6272 Creekford Dr Lithonia, GA	3.0	2.0	1200	$1,650	$1.38	6d	1	0.42mi
2614 Parkway Trl Lithonia, GA	3.0	2.0	1428	$1,795	$1.26	6d	1	0.45mi
6249 Creekford Ln Lithonia, GA	3.0	2.5	1352	$1,586	$1.17	44d	1	0.47mi
2360 Wellington Cir Lithonia, GA	3.0	2.5	1404	$1,900	$1.35	44d	1	0.48mi
2671 Parkway Trl Lithonia, GA	2.0	2.5	1504	$1,850	$1.23	18d	1	0.48mi
2347 Wellington Cir Lithonia, GA	2.0	2.0	952	$1,500	$1.58	18d	1	0.50mi
6290 Marbut Farms Ln Lithonia, GA	3.0	2.5	1392	$1,780	$1.28	6d	1	0.52mi
2208 Marbut Farms Trce Lithonia, GA	3.0	2.5	1592	$1,770	$1.11	0d	1	0.53mi
2280 Wellington Cir Lithonia, GA	3.0	2.0	1404	$1,750	$1.25	0d	1	0.54mi
2157 Wellington Cir Lithonia, GA	2.0	2.5	1176	$1,600	$1.36	0d	1	0.57mi
2144 Marbut Farms Entry Lithonia, GA	3.0	2.0	1715	$1,795	$1.05	44d	1	0.61mi
2103 Charles Cudd Ct Lithonia, GA	3.0	2.0	1332	$1,591	$1.19	21d	1	0.61mi
2049 Charter Ln Lithonia, GA	2.0	3.0	1152	$1,695	$1.47	44d	1	0.70mi
2070 Corners Cir Lithonia, GA	3.0	2.0	1392	$1,620	$1.16	25d	1	0.73mi
6492 Charter Way Lithonia, GA	2.0	2.5	1168	$1,600	$1.37	13d	1	0.77mi
2267 Cherokee Valley Dr Lithonia, GA	3.0	2.0	1176	$1,691	$1.44	6d	1	0.78mi
6164 Saint Christophers Ct Lithonia, GA	3.0	2.5	1340	$1,730	$1.29	21d	1	0.78mi
6430 Charter Way Lithonia, GA	3.0	2.0	1170	$1,450	$1.24	25d	1	0.80mi
6388 Charter Way Lithonia, GA	2.0	2.0	996	$1,295	$1.30	6d	1	0.80mi
6426 Charter Way Lithonia, GA	2.0	2.5	1166	$2,200	$1.89	0d	1	0.80mi
564 Hillandale Park Dr Lithonia, GA	2.0	2.0	1150	$2,250	$1.96	44d	1	0.82mi
4634 Parc Chateau Dr Lithonia, GA	2.0	2.0	930	$1,380	$1.48	44d	1	0.84mi
6350 Laurel Post Dr Lithonia, GA	3.0	2.0	1344	$1,745	$1.30	44d	1	0.88mi
6414 Shalks Crossing Dr Lithonia, GA	3.0	2.5	1580	$2,050	$1.30	6d	1	0.88mi
2713 Evans Mill Dr Lithonia, GA	2.0	1.5	1024	$1,400	$1.37	44d	1	0.89mi
6416 Phillips Creek Dr Lithonia, GA	3.0	2.0	1365	$1,928	$1.41	6d	1	0.90mi
2325 Woodcrest Walk Lithonia, GA	1.0–2.0	1.0–2.0	788	$1,414	$1.79	0d	19	0.90mi
6256 Hillandale Dr Lithonia, GA	1.0–3.0	1.0–2.0	990	$1,349	$1.36	44d	1	0.91mi
6514 Eastbriar Dr Lithonia, GA	3.0	2.0	1572	$1,915	$1.22	44d	1	0.92mi
6387 Laurel Post Dr Lithonia, GA	3.0	2.5	1496	$1,699	$1.14	44d	1	0.92mi
6680 Chupp Rd Lithonia, GA	2.0	1.0	900	$1,250	$1.39	44d	1	0.92mi

HOA detail

• Monthly dues: $30 · $360/yr

Listing history 33 events

1. 2026-06-21
   days on market $150,000 Active 41 DOM
2. 2026-06-18
   remarks 693-char remark
3. 2026-06-18
   days on market $150,000 Active 38 DOM
4. 2026-06-17
   days on market $150,000 Active 37 DOM
5. 2026-06-16
   days on market $150,000 Active 36 DOM
6. 2026-06-15
   days on market $150,000 Active 35 DOM
7. 2026-06-13
   days on market $150,000 Active 33 DOM
8. 2026-06-09
   days on market $150,000 Active 29 DOM
9. 2026-06-08
   days on market $150,000 Active 28 DOM
10. 2026-06-07
    days on market $150,000 Active 27 DOM
11. 2026-06-04
    days on market $150,000 Active 24 DOM
12. 2026-06-03
    days on market $150,000 Active 23 DOM
13. 2026-06-02
    days on market $150,000 Active 22 DOM
14. 2026-06-02
    price $150,000 Active 21 DOM
15. 2026-06-01
    days on market $145,000 Active 21 DOM

    Show marketing remark (618 chars)

    Charming 2-story townhouse in a convenient Lithonia location! This well-maintained home features a comfortable layout with a blend of ceramic tile and carpet flooring throughout. The kitchen comes fully equipped with wood cabinetry and ample workspace, perfect for everyday living. Upstairs, you’ll find two spacious bedrooms and a full bath, along with a convenient half bath on the main level. Enjoy a partially fenced backyard, ideal for relaxing or light outdoor use. Located near shopping, dining, and major roadways, this home offers both comfort and accessibility. Don’t miss this great opportunity!

16. 2026-05-31
    days on market $145,000 Active 20 DOM
17. 2026-05-11
    listed $145,000 Active 618-char remark

    Show marketing remark (618 chars)

    Charming 2-story townhouse in a convenient Lithonia location! This well-maintained home features a comfortable layout with a blend of ceramic tile and carpet flooring throughout. The kitchen comes fully equipped with wood cabinetry and ample workspace, perfect for everyday living. Upstairs, you’ll find two spacious bedrooms and a full bath, along with a convenient half bath on the main level. Enjoy a partially fenced backyard, ideal for relaxing or light outdoor use. Located near shopping, dining, and major roadways, this home offers both comfort and accessibility. Don’t miss this great opportunity!

18. 2024-08-23
    historical $1,325
19. 2024-07-26
    listed $1,325
20. 2024-07-13
    historical $1,325
21. 2024-06-25
    price $1,325
22. 2024-06-14
    price $1,349
23. 2024-05-03
    listed $1,399
24. 2024-05-03
    historical $1,399
25. 2024-03-19
    listed $1,399
26. 2024-03-19
    historical $1,399
27. 2024-03-19
    listed $1,399
28. 2013-12-04
    soldstatus $57,000
29. 2013-10-07
    soldstatus $40,000 Sold 359-char remark

    Show marketing remark (359 chars)

    Really cute and adorable town home located in Lithonia very close to I-20, not much work to do here at all, home does need a stove and dishwasher, refrig. show and sell, please note that this is a short sale 3rd party approval needed. Agents please call listing agent before submitting offer for short sale exhibit so I can send it to you. Thanks for showing.

30. 2013-04-30
    status Under Contract 359-char remark

    Show marketing remark (359 chars)

    Really cute and adorable town home located in Lithonia very close to I-20, not much work to do here at all, home does need a stove and dishwasher, refrig. show and sell, please note that this is a short sale 3rd party approval needed. Agents please call listing agent before submitting offer for short sale exhibit so I can send it to you. Thanks for showing.

31. 2013-04-26
    historical Pending Approval 359-char remark

    Show marketing remark (359 chars)

    Really cute and adorable town home located in Lithonia very close to I-20, not much work to do here at all, home does need a stove and dishwasher, refrig. show and sell, please note that this is a short sale 3rd party approval needed. Agents please call listing agent before submitting offer for short sale exhibit so I can send it to you. Thanks for showing.

32. 2013-04-21
    listed $40,000 New 359-char remark

    Show marketing remark (359 chars)

    Really cute and adorable town home located in Lithonia very close to I-20, not much work to do here at all, home does need a stove and dishwasher, refrig. show and sell, please note that this is a short sale 3rd party approval needed. Agents please call listing agent before submitting offer for short sale exhibit so I can send it to you. Thanks for showing.

33. 2001-12-19
    soldstatus $93,500

ⓘ 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: $3,508 · $292/mo
• Projected year-2 tax: $3,508 · $292/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 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥105°F today · 18 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 26% 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: $21,075
• − Mortgage interest: −$8,402
• − Property taxes: −$3,508
• − Insurance: −$750
• − Repairs & maintenance: −$1,686
• − Management: −$1,686
• − HOA: −$360
• − Depreciation: −$4,364
• Taxable income: $319
• Est. tax owed @ 24.0%: −$77
• After-tax cash flow: $2,516/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

+60.4% since first listed

18 events — show timeline

• 2026-06-01 Price Changed $150,000 FMLS
• 2026-05-11 Listed $145,000 FMLS
• 2024-08-23 Rental Removed $1,325 sunrentals
• 2024-07-26 Listed for Rent $1,325 sunrentals
• 2024-07-13 Rental Removed $1,325 FMLS
• 2024-06-25 Price Changed $1,325 FMLS
• 2024-06-14 Price Changed $1,349 FMLS
• 2024-05-03 Listed for Rent $1,399 FMLS
• 2024-05-03 Rental Removed $1,399 RENTLY
• 2024-03-19 Listed for Rent $1,399 RENTLY
• 2024-03-19 Rental Removed $1,399 BUILDIUM
• 2024-03-19 Listed for Rent $1,399 BUILDIUM
• 2013-12-04 Sold (Public Records) $57,000 Public Records
• 2013-10-07 Sold (MLS) $40,000 GAMLS
• 2013-04-30 Pending — GAMLS
• 2013-04-26 Contingent — GAMLS
• 2013-04-21 Listed $40,000 GAMLS
• 2001-12-19 Sold (Public Records) $93,500 Public Records

Property tax history

+7.0%/yr

Latest (2025): $3,508 · +0.8% YoY. Source: county tax records.