3154 Snapfinger Ln · Stonecrest, GA 30034

$289,900

3 bd · 2.5 ba · 2,254 sqft · SingleFamily public records · 77 Days on market

Built 1987 0.32 ac lot $129/sqft · at area comps Est $300k · at est. ↓ 46% since listing

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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 +23.1/30.0
• ARV discount +9.0/15.0
• DSCR +7.4/10.0
• 1% rule +6.3/10.0
• Rent growth +3.0/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this beautifully updated home located at 3154 Snapfinger Lane in the heart of Decatur! Situated on a desirable corner lot, this property offers both curb appeal and added privacy. Step inside to discover brand-new LVP flooring throughout, delivering a modern aesthetic with durability and easy maintenance. The bright and inviting layout is filled with natural light, creating a warm and comfortable living environment. The finished basement provides incredible flexibility and can easily serve as a home office, entertainment space, guest suite, or even a private home studio-perfect for creatives, remote professionals, or anyone needing a dedicated workspace. Enjoy the benefits of a spacious lot, ideal for outdoor living, entertaining, or simply relaxing. Conveniently located near shopping, dining, schools, and major highways, this home blends thoughtful updates with everyday convenience. Don't miss your opportunity to own this move-in ready gem-schedule your showing today!

Key facts

• Natural light
• Finished basement
• Spacious lot

Tags

• CORNER LOT
• FINISHED BASEMENT
• SPACIOUS LOT
• NATURAL LIGHT
• UPDATED HOME
• HOME OFFICE

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $290k.

Deal economics

• At list price, monthly cash flow is $519 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $290k).
• Recommended offer: $273k (6.0% below list) — sets the bar for market timing.
• Cap rate 8.4% 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 (+2.2%/yr); 353 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,240 units permitted in DeKalb County in 2024 (385 in 5+ unit buildings).
• At $3,269/mo this rent would consume 62% of the median local household income ($64k/yr) (locally 1659% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k 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 77 days — a 6% lower offer ($273k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 14y ago; this cycle's ask has dropped $25k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: moderate wind risk, 26% chance of damaging wind over 30y; extreme-heat days projected 6→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $272,506 (6.0% below list)

Questions for the listing agent

1. It's been on market 77 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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: 1.13% ✓
• Cap rate: 8.44%
• Cash-on-cash: 7.67%
• DSCR: 1.34
• GRM: 7.4

CMA / ARV

• ARV (median comp): $299,888
• List price: $289,900
• Delta: -3.33%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3127 Snapfinger Ct	0.09mi	3/2.5	2,186 (-3%)	2mo	$185,000	$85	90
3349 Steeple Way	0.31mi	3/2.5	2,399 (+6%)	2mo	$360,000	$150	72
3222 Wyndham Park Ct	0.52mi	3/2.0	2,286 (+1%)	7mo	$349,500	$153	66
3202 Wintercreeper Dr	0.58mi	3/2.0	1,999 (-11%)	1mo	$145,700	$73	52
3433 Hollow Tree Dr	0.70mi	4/2.0 (+1)	2,154 (-4%)	4mo	$259,900	$121	49
3090 Sherwood Oaks Ln	0.65mi	4/2.5 (+1)	2,474 (+10%)	0mo	$355,000	$143	48
3144 Sherwood Oaks Ln	0.64mi	4/2.5 (+1)	2,375 (+5%)	13mo	$435,000	$183	45
4402 Sebring Walk	0.43mi	4/2.5 (+1)	1,968 (-13%)	13mo	$230,000	$117	43
2849 Snapfinger Rd	0.43mi	4/3.0 (+1)	1,925 (-15%)	8mo	$256,000	$133	42
2904 Pleasant Ridge Dr	0.59mi	3/2.0	1,956 (-13%)	8mo	$244,000	$125	42
3288 Tarragon Dr	0.75mi	4/3.0 (+1)	2,104 (-7%)	8mo	$320,000	$152	40
4551 Jackybell Trl	0.70mi	4/3.0 (+1)	2,504 (+11%)	8mo	$325,000	$130	35

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 · 2.18% rent growth · sell at horizon

5-year hold

• IRR: -5.5%
• Equity multiple: 0.80×
• Total profit: $-16,518
• Equity at exit: $43,225

10-year hold

• IRR: 3.1%
• Equity multiple: 1.22×
• Total profit: $17,723
• Equity at exit: $25,065

Cash invested: $81,172 (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 30034

• Home prices YoY: -27.4%
• Rents YoY: 2.2%
• Active inventory: 353
• Price-to-rent: 7.4×

Monthly cashflow live

• Estimated rent: $3,269 high
• Mortgage (P&I): −$1,520
• Tax from tax record: −$422 /mo · $5,067/yr
• Insurance: −$121
• HOA: −$0
• Vacancy / Maint / Mgmt: −$686
• Net cashflow: $519

Break-even live

Break-even rent $2,612

Max offer price $289,900

Occupancy floor 79%

Sensitivity live

Price	-10% $683	-5% $601	+0% $519	+5% $437	+10% $355
Rent	-10% $261	-5% $390	+0% $519	+5% $648	+10% $777
Rate	-1.0pp $665	-0.5pp $593	base $519	+0.5pp $444	+1.0pp $367

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: $72,475
• Closing costs: $8,697
• Reserves months: —
• Total cash needed: —

Rent comps 12 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3095 Riders Trl Decatur, GA	3.0	2.0	1800	$4,500	$2.50	1d	1	0.30mi
2884 Thompson Cir Decatur, GA	4.0	3.5	2868	$6,400	$2.23	24d	1	0.54mi
3170 Sherwood Oaks Ct Decatur, GA	4.0	2.5	2987	$3,200	$1.07	1d	1	0.69mi
2564 Treadway Dr Decatur, GA	3.0	2.0	1927	$2,950	$1.53	44d	1	0.83mi
2878 Snapfinger Mnr Decatur, GA	3.0	2.5	1670	$1,780	$1.07	3d	1	1.07mi
2692 Paxton PL #14 Decatur, GA	3.0	2.5	1611	$2,299	$1.43	44d	1	1.20mi
4292 Callum Ct Decatur, GA	3.0	2.5	1611	$2,200	$1.37	44d	1	1.28mi
4282 Callum Ct Decatur, GA	3.0	2.5	1611	$2,200	$1.37	44d	1	1.29mi
4936 Longview Run Decatur, GA	4.0	2.5	2238	$2,900	$1.30	44d	1	1.45mi
4948 Longview Run Decatur, GA	3.0	2.0	1892	$2,135	$1.13	5d	1	1.46mi
2993 Havenwood Way Lithonia, GA	4.0	2.0	2655	$2,300	$0.87	44d	1	1.47mi
3468 Deer Trce Lithonia, GA	3.0	1.0	1886	$2,800	$1.48	24d	1	1.48mi

Listing history 32 events

1. 2026-06-18
   days on market $289,900 Active 77 DOM
2. 2026-06-17
   days on market $289,900 Active 76 DOM
3. 2026-06-16
   days on market $289,900 Active 75 DOM
4. 2026-06-15
   days on market $289,900 Active 74 DOM
5. 2026-06-13
   pricedays on market $289,900 Active 72 DOM
6. 2026-06-09
   days on market $295,000 Active 68 DOM
7. 2026-06-08
   days on market $295,000 Active 67 DOM
8. 2026-06-07
   days on market $295,000 Active 66 DOM
9. 2026-06-04
   days on market $295,000 Active 63 DOM
10. 2026-06-03
    days on market $295,000 Active 62 DOM
11. 2026-06-02
    days on market $295,000 Active 61 DOM
12. 2026-06-01
    pricedays on market $295,000 Active 60 DOM
13. 2026-05-31
    days on market $300,000 Active 59 DOM
14. 2026-05-08
    price $300,000 1006-char remark

    Show marketing remark (1006 chars)

    Welcome to this beautifully updated home located at 3154 Snapfinger Lane in the heart of Decatur! Situated on a desirable corner lot, this property offers both curb appeal and added privacy. Step inside to discover brand-new LVP flooring throughout, delivering a modern aesthetic with durability and easy maintenance. The bright and inviting layout is filled with natural light, creating a warm and comfortable living environment. The finished basement provides incredible flexibility and can easily serve as a home office, entertainment space, guest suite, or even a private home studio-perfect for creatives, remote professionals, or anyone needing a dedicated workspace. Enjoy the benefits of a spacious lot, ideal for outdoor living, entertaining, or simply relaxing. Conveniently located near shopping, dining, schools, and major highways, this home blends thoughtful updates with everyday convenience. Don't miss your opportunity to own this move-in ready gem-schedule your showing today!

15. 2026-05-08
    price $300,000 1006-char remark

    Show marketing remark (1006 chars)

    Welcome to this beautifully updated home located at 3154 Snapfinger Lane in the heart of Decatur! Situated on a desirable corner lot, this property offers both curb appeal and added privacy. Step inside to discover brand-new LVP flooring throughout, delivering a modern aesthetic with durability and easy maintenance. The bright and inviting layout is filled with natural light, creating a warm and comfortable living environment. The finished basement provides incredible flexibility and can easily serve as a home office, entertainment space, guest suite, or even a private home studio-perfect for creatives, remote professionals, or anyone needing a dedicated workspace. Enjoy the benefits of a spacious lot, ideal for outdoor living, entertaining, or simply relaxing. Conveniently located near shopping, dining, schools, and major highways, this home blends thoughtful updates with everyday convenience. Don't miss your opportunity to own this move-in ready gem-schedule your showing today!

16. 2026-04-24
    price $305,000 1006-char remark

    Show marketing remark (1006 chars)

    Welcome to this beautifully updated home located at 3154 Snapfinger Lane in the heart of Decatur! Situated on a desirable corner lot, this property offers both curb appeal and added privacy. Step inside to discover brand-new LVP flooring throughout, delivering a modern aesthetic with durability and easy maintenance. The bright and inviting layout is filled with natural light, creating a warm and comfortable living environment. The finished basement provides incredible flexibility and can easily serve as a home office, entertainment space, guest suite, or even a private home studio-perfect for creatives, remote professionals, or anyone needing a dedicated workspace. Enjoy the benefits of a spacious lot, ideal for outdoor living, entertaining, or simply relaxing. Conveniently located near shopping, dining, schools, and major highways, this home blends thoughtful updates with everyday convenience. Don't miss your opportunity to own this move-in ready gem-schedule your showing today!

17. 2026-04-24
    price $305,000 1006-char remark

    Show marketing remark (1006 chars)

    Welcome to this beautifully updated home located at 3154 Snapfinger Lane in the heart of Decatur! Situated on a desirable corner lot, this property offers both curb appeal and added privacy. Step inside to discover brand-new LVP flooring throughout, delivering a modern aesthetic with durability and easy maintenance. The bright and inviting layout is filled with natural light, creating a warm and comfortable living environment. The finished basement provides incredible flexibility and can easily serve as a home office, entertainment space, guest suite, or even a private home studio-perfect for creatives, remote professionals, or anyone needing a dedicated workspace. Enjoy the benefits of a spacious lot, ideal for outdoor living, entertaining, or simply relaxing. Conveniently located near shopping, dining, schools, and major highways, this home blends thoughtful updates with everyday convenience. Don't miss your opportunity to own this move-in ready gem-schedule your showing today!

18. 2026-04-02
    listed $315,000 New 1006-char remark

    Show marketing remark (1006 chars)

    Welcome to this beautifully updated home located at 3154 Snapfinger Lane in the heart of Decatur! Situated on a desirable corner lot, this property offers both curb appeal and added privacy. Step inside to discover brand-new LVP flooring throughout, delivering a modern aesthetic with durability and easy maintenance. The bright and inviting layout is filled with natural light, creating a warm and comfortable living environment. The finished basement provides incredible flexibility and can easily serve as a home office, entertainment space, guest suite, or even a private home studio-perfect for creatives, remote professionals, or anyone needing a dedicated workspace. Enjoy the benefits of a spacious lot, ideal for outdoor living, entertaining, or simply relaxing. Conveniently located near shopping, dining, schools, and major highways, this home blends thoughtful updates with everyday convenience. Don't miss your opportunity to own this move-in ready gem-schedule your showing today!

19. 2026-04-02
    listed $315,000 Active 1006-char remark

    Show marketing remark (1006 chars)

    Welcome to this beautifully updated home located at 3154 Snapfinger Lane in the heart of Decatur! Situated on a desirable corner lot, this property offers both curb appeal and added privacy. Step inside to discover brand-new LVP flooring throughout, delivering a modern aesthetic with durability and easy maintenance. The bright and inviting layout is filled with natural light, creating a warm and comfortable living environment. The finished basement provides incredible flexibility and can easily serve as a home office, entertainment space, guest suite, or even a private home studio-perfect for creatives, remote professionals, or anyone needing a dedicated workspace. Enjoy the benefits of a spacious lot, ideal for outdoor living, entertaining, or simply relaxing. Conveniently located near shopping, dining, schools, and major highways, this home blends thoughtful updates with everyday convenience. Don't miss your opportunity to own this move-in ready gem-schedule your showing today!

20. 2026-01-27
    historical $1,825
21. 2026-01-18
    price $1,825
22. 2026-01-10
    price $1,945
23. 2025-12-19
    price $2,025
24. 2025-10-22
    listed $2,142
25. 2021-12-14
    soldstatus $4,467,736
26. 2012-12-02
    historical
27. 2012-11-30
    status Back On Market
28. 2012-11-05
    historical
29. 2012-06-21
    historical Pending Approval
30. 2012-06-11
    listed $49,800 New
31. 2002-03-18
    soldstatus $144,000
32. 1986-04-01
    soldstatus $555,000

ⓘ 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: $5,067 · $422/mo
• Projected year-2 tax: $5,067 · $422/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 5/10 Major 6 d/yr ≥105°F today · 15 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: $39,224
• − Mortgage interest: −$16,239
• − Property taxes: −$5,067
• − Insurance: −$1,450
• − Repairs & maintenance: −$3,138
• − Management: −$3,138
• − Depreciation: −$8,433
• Taxable income: $1,758
• Est. tax owed @ 24.0%: −$422
• After-tax cash flow: $5,804/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: Dekalb County · 782,738 people
• City population: 106,165
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 41,847
• Household income: $63,517
• Rent vs Own: 31.7% rent · 68.3% own
• Severe rent burden: 1659.0

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 (90%)
• Race & ethnicity: Black 90% White 4% Two or more races 3% Hispanic / Latino 2%
• Common ancestry: Hispanic 1% Lithuanian 1%
• Foreign-born: 8% · Canada
• 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: ▼ -78.92%
• Current HPI: 209.5638
• Rent YoY: ▲ 2.18%
• 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

-45.9% since first listed

19 events — show timeline

• 2026-05-08 Price Changed $300,000 FMLS
• 2026-05-08 Price Changed $300,000 GAMLS
• 2026-04-24 Price Changed $305,000 FMLS
• 2026-04-24 Price Changed $305,000 GAMLS
• 2026-04-02 Listed $315,000 FMLS
• 2026-04-02 Listed $315,000 GAMLS
• 2026-01-27 Rental Removed $1,825 RENTLY
• 2026-01-18 Price Changed $1,825 RENTLY
• 2026-01-10 Price Changed $1,945 RENTLY
• 2025-12-19 Price Changed $2,025 RENTLY
• 2025-10-22 Listed for Rent $2,142 RENTLY
• 2021-12-14 Sold (Public Records) $4,467,736 Public Records
• 2012-12-02 Listing Removed — GAMLS
• 2012-11-30 Relisted — GAMLS
• 2012-11-05 Listing Removed — GAMLS
• 2012-06-21 Contingent — GAMLS
• 2012-06-11 Listed $49,800 GAMLS
• 2002-03-18 Sold (Public Records) $144,000 Public Records
• 1986-04-01 Sold (Public Records) $555,000 Public Records

Property tax history

+7.3%/yr

Latest (2025): $5,067 · -13.7% YoY. Source: county tax records.