4340 Rustic Wood Ct · Stone Mountain, GA
Flood risk 9/10 · Severe
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.99%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $963 – $1,789
Heat risk 6/10 · Moderate
- Hot days now (above 104°F)
- 7 days/yr
- Hot days in 30 yrs
- 18 days/yr
Wind risk 5/10 · Moderate
- Chance of severe wind over 30 yrs
- 25.0%
Air-quality risk 6/10 · Moderate
- Unhealthy air days now
- 8 days/yr
- Unhealthy air days in 30 yrs
- 11 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the F 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 +5.9/30.0
- Livability +4.0/5.0
- Rent growth +2.8/5.0
- Condition / age +2.5/5.0
- Schools +2.1/10.0
- 1% rule +1.3/10.0
- DSCR +0.3/10.0
- ARV discount +0.0/15.0
- Appreciation +0.0/10.0
$278,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Ranch-style home with a spacious finished basement, featuring a 5/2.5 layout and a bonus family room ideal for extra living space. The property offers a well-kept backyard perfect for outdoor enjoyment. Great option for those needing flexible space. Move-in ready with plenty of room to grow.
Key facts
- Bonus family room
- Finished basement
- Well-kept backyard
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.5-bath single-family listed at $278k.
Deal economics
- At list price, monthly cash flow is $-612 ($-7k/yr) — negative.
- To cash-flow at today's rent, offer at most $170k (38.9% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $176k (36.6% below list).
- Recommended offer: $170k (38.9% below list) — sets the bar for cash-flow.
- Cap rate 3.9% vs local median 5.1% in Stone Mountain — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.
Location & tenants
- Location reads 79/100 on livability (#11 in GA, #1,977 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: employment D+, crime F.
- 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: Rowland Elementary School (math 2% / reading 12%, grade F, #1,144 of 1,228 statewide, top 94%, 416 students, 100% FRL); Mary Mcleod Bethune Middle School (math 4% / reading 13%, grade F, #439 of 470 statewide, top 94%, 718 students, 100% FRL); Towers High School (math 2% / reading 12%, grade F, #385 of 424 statewide, top 92%, 764 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 8% at this address vs 24% district-wide (-16 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 (+1.3%/yr); 257 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 38% 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 $2k of loan paydown is wiped out by about $8k 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 268 days — a 12% lower offer ($245k) is reasonable based on typical stale-listing flexibility.
- 6 sale attempts since 7y 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.
Risks & watch-outs
- Watch-outs: flood insurance adds $66/mo.
- Climate carrying-cost: severe flood risk; moderate wind risk, 25% 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.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 268 days. Have you received any prior offers? Is the seller open to a 39% concession, seller financing, or rate buy-down credit?
- Built in 1971 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- 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?
- 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.
- 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.
- 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
- 0.63% ✗
- Cap rate
- 3.94%
- Cash-on-cash
- -8.41%
- DSCR
- 0.63
- GRM
- 13.1
CMA / ARV
- ARV (on-the-fly)
- $235,638
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1381 High Meadow Dr | 0.14mi | 3/1.5 | 1,371 (-0%) | 4mo | $160,000 | $117 | 86 |
| 4333 Mercer Rd | 0.23mi | 3/1.5 | 1,350 (-2%) | 6mo | $195,000 | $144 | 77 |
| 1391 Colony Hill Ct | 0.20mi | 3/2.0 | 1,247 (-10%) | 0mo | $245,000 | $196 | 73 |
| 4103 Indian Creek Cir | 0.53mi | 3/2.0 | 1,371 (-0%) | 8mo | $180,000 | $131 | 66 |
| 1376 Colony East Cir | 0.06mi | 4/3.0 (+1) | 1,560 (+13%) | 5mo | $270,000 | $173 | 64 |
| 4442 Mercer Rd | 0.28mi | 4/1.5 (+1) | 1,275 (-8%) | 3mo | $208,500 | $164 | 63 |
| 1496 Indian Forest Ct | 0.32mi | 3/2.0 | 1,512 (+10%) | 8mo | $270,000 | $179 | 61 |
| 1487 Walnut Ridge Way | 0.60mi | 3/2.0 | 1,304 (-5%) | 1mo | $111,400 | $85 | 60 |
| 4058 Chedworth Way | 0.57mi | 4/2.0 (+1) | 1,340 (-3%) | 5mo | $307,000 | $229 | 58 |
| 1207 To Lani Ct | 0.55mi | 3/2.0 | 1,504 (+9%) | 1mo | $219,999 | $146 | 57 |
| 4333 Denise Dr | 0.50mi | 4/2.0 (+1) | 1,260 (-9%) | 5mo | $220,000 | $175 | 51 |
| 4601 Wendover Dr | 0.61mi | 3/2.0 | 1,548 (+12%) | 0mo | $265,000 | $171 | 49 |
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 · 1.31% rent growth · sell at horizon
- IRR
- -35.1%
- Equity multiple
- -0.12×
- Total profit
- $-86,907
- Equity at exit
- $41,451
- IRR
- -59.1%
- Equity multiple
- -0.76×
- Total profit
- $-137,256
- Equity at exit
- $24,036
Cash invested: $77,840 (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
ZIP-level market 30083
- Rents YoY
- 1.3%
- Active inventory
- 257
- Price-to-rent
- 13.1×
Monthly cashflow live
- Estimated rent
- $1,762 high interval (Pro) →
- Mortgage (P&I)
- −$1,458
- Tax from tax record
- −$364 /mo · $4,371/yr
- Insurance
- −$116
- Flood insurance flood zone
- −$66 /mo · $798/yr
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$370
- Net cashflow
- $-612
Break-even live
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
- $69,500
- Closing costs
- $8,340
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1406 High Meadow Dr Stone Mountain, GA | 3.0 | 2.0 | 1621 | $900 | $0.56 | 21d | 1 | 0.12mi |
| 1406 High Meadow Dr Stone Mountain, GA | 3.0 | 2.0 | 1621 | $1,625 | $1.00 | 12d | 1 | 0.12mi |
| 1380 Colony Hill Ct Stone Mountain, GA | 3.0 | 1.5 | 1350 | $1,500 | $1.11 | 10d | 1 | 0.16mi |
| 1380 Colony Hill Ct Stone Mountain, GA | 4.0 | 4.5 | 1350 | $1,690 | $1.25 | 12d | 1 | 0.16mi |
| 1563 Pine Glen Cir Decatur, GA | 3.0 | 2.0 | 1608 | $1,695 | $1.05 | 5d | 1 | 0.38mi |
| 1299 To Lani Path Stone Mountain, GA | 3.0 | 2.0 | 1507 | $1,675 | $1.11 | 12d | 1 | 0.39mi |
| 1217 To Lani Path Stone Mountain, GA | 3.0 | 2.5 | 1404 | $1,754 | $1.25 | 1d | 1 | 0.51mi |
| 4565 Covington Hwy Decatur, GA | 2.0–3.0 | 1.5 | 1200 | $1,439 | $1.20 | 3d | 8 | 0.78mi |
| 1102 Cherokee Hts Stone Mountain, GA | 4.0 | 2.5 | 1867 | $2,140 | $1.15 | 11d | 1 | 0.78mi |
| 1502 Vernon Blvd Decatur, GA | 3.0 | 3.0 | 1515 | $2,050 | $1.35 | 24d | 1 | 0.88mi |
| 1221 S Indian Creek Dr Stone Mountain, GA | 1.0–2.0 | 1.0–2.0 | 905 | $1,790 | $1.98 | 24d | 15 | 0.90mi |
| 4169 Cedar Ridge Trl Stone Mountain, GA | 3.0 | 2.0 | 1591 | $1,870 | $1.18 | 5d | 1 | 0.91mi |
| 3907 Redwing Cir Decatur, GA | 1.0–2.0 | 1.0–2.0 | 836 | $1,149 | $1.37 | 43d | 18 | 0.94mi |
| 3184 Delancy St Decatur, GA | 3.0 | 2.5 | 1515 | $1,800 | $1.19 | 43d | 1 | 0.95mi |
| 1683 Vernon Blvd Decatur, GA | 3.0 | 2.5 | 1515 | $1,840 | $1.21 | 18d | 1 | 0.95mi |
| 3121 Journal Ct Decatur, GA | 3.0 | 2.5 | 1386 | $1,895 | $1.37 | 19d | 1 | 0.96mi |
| 3106 Calcutta St Decatur, GA | 3.0 | 2.5 | 1386 | $1,895 | $1.37 | 43d | 1 | 0.98mi |
| 3141 Journal Ct Decatur, GA | 3.0 | 2.5 | 1386 | $1,895 | $1.37 | 12d | 1 | 0.99mi |
| 1473 Hyatt Cir Decatur, GA | 3.0 | 2.5 | 1386 | $2,050 | $1.48 | 43d | 1 | 0.99mi |
| 3096 Calcutta St Decatur, GA | 3.0 | 2.5 | 1386 | $1,895 | $1.37 | 43d | 1 | 1.00mi |
| 1590 Agape Way Decatur, GA | 1.0–3.0 | 1.0–2.0 | 1022 | $1,400 | $1.37 | 43d | 1 | 1.01mi |
| 4701 Lost Colony Ct Stone Mountain, GA | 3.0 | 2.0 | 1120 | $1,565 | $1.40 | 43d | 1 | 1.01mi |
| 1771 Ledo Ave Decatur, GA | 2.0 | 1.0 | 912 | $1,295 | $1.42 | 43d | 1 | 1.02mi |
| 1420 S Hairston Rd Stone Mountain, GA | 1.0–2.0 | 1.0–2.5 | 1011 | $1,358 | $1.34 | 19d | 31 | 1.04mi |
| 1023 Privy Ln Stone Mountain, GA | 3.0 | 2.5 | 1701 | $2,700 | $1.59 | 4d | 1 | 1.09mi |
| 1802 Lee St Decatur, GA | 3.0 | 1.0 | 912 | $1,350 | $1.48 | 43d | 1 | 1.09mi |
| 1247 Adcox Rd Stone Mountain, GA | 1.0–2.0 | 1.0–2.0 | 919 | $1,259 | $1.37 | 1d | 10 | 1.11mi |
| 4011 Redan Rd #5 Stone Mountain, GA | 3.0 | 2.5 | 1426 | $2,040 | $1.43 | 18d | 1 | 1.11mi |
| 4011 Redan Rd #5 Stone Mountain, GA | 3.0 | 2.5 | 1400 | $2,040 | $1.46 | 43d | 1 | 1.11mi |
| 1081 Brittania Rd Stone Mountain, GA | 3.0 | 3.0 | 1866 | $1,950 | $1.05 | 43d | 1 | 1.16mi |
| 1081 Brittania Rd Unit 1 Stone Mountain, GA | 3.0 | 2.5 | 1866 | $1,950 | $1.05 | 43d | 1 | 1.16mi |
| 1576 Canberra Dr Stone Mountain, GA | 3.0 | 2.0 | 1850 | $1,000 | $0.54 | 3d | 1 | 1.18mi |
| 1576 Canberra Dr Stone Mountain, GA | 3.0 | 2.0 | 1850 | $1,900 | $1.03 | 2d | 1 | 1.18mi |
| 3964 Carlinswood Way Stone Mountain, GA | 3.0 | 2.5 | 1681 | $2,000 | $1.19 | 43d | 1 | 1.19mi |
| 887 Ellis Rd Stone Mountain, GA | 3.0 | 2.0 | 1778 | $1,923 | $1.08 | 24d | 1 | 1.22mi |
| 3787 Redwing Cir Decatur, GA | 3.0 | 1.0 | 1220 | $1,495 | $1.23 | 43d | 1 | 1.26mi |
| 3960 Redan Rd Stone Mountain, GA | 1.0–3.0 | 1.0–2.0 | 1339 | $3,194 | $2.39 | 1d | 19 | 1.26mi |
| 4852 Lost Colony Ct Stone Mountain, GA | 4.0 | 3.0 | 1694 | $1,775 | $1.05 | 24d | 1 | 1.29mi |
| 4655 Glenwood Rd Decatur, GA | 2.0–3.0 | 2.0 | 1318 | $1,600 | $1.21 | 19d | 31 | 1.33mi |
| 3824 London Dr Decatur, GA | 3.0 | 2.5 | 1544 | $1,531 | $0.99 | 43d | 1 | 1.34mi |
Listing history 20 events
-
2026-05-20soldstatus $268,000 Sold 292-char remark
Show marketing remark (292 chars)
Ranch-style home with a spacious finished basement, featuring a 5/2.5 layout and a bonus family room ideal for extra living space. The property offers a well-kept backyard perfect for outdoor enjoyment. Great option for those needing flexible space. Move-in ready with plenty of room to grow.
-
2026-04-22status Under Contract 292-char remark
Show marketing remark (292 chars)
Ranch-style home with a spacious finished basement, featuring a 5/2.5 layout and a bonus family room ideal for extra living space. The property offers a well-kept backyard perfect for outdoor enjoyment. Great option for those needing flexible space. Move-in ready with plenty of room to grow.
-
2026-04-22status Pending
Show marketing remark (292 chars)
Ranch-style home with a spacious finished basement, featuring a 5/2.5 layout and a bonus family room ideal for extra living space. The property offers a well-kept backyard perfect for outdoor enjoyment. Great option for those needing flexible space. Move-in ready with plenty of room to grow.
-
2025-08-29status Back On Market 292-char remark
Show marketing remark (292 chars)
Ranch-style home with a spacious finished basement, featuring a 5/2.5 layout and a bonus family room ideal for extra living space. The property offers a well-kept backyard perfect for outdoor enjoyment. Great option for those needing flexible space. Move-in ready with plenty of room to grow.
-
2025-08-29status Active
Show marketing remark (292 chars)
Ranch-style home with a spacious finished basement, featuring a 5/2.5 layout and a bonus family room ideal for extra living space. The property offers a well-kept backyard perfect for outdoor enjoyment. Great option for those needing flexible space. Move-in ready with plenty of room to grow.
-
2025-08-25status Under Contract 292-char remark
Show marketing remark (292 chars)
Ranch-style home with a spacious finished basement, featuring a 5/2.5 layout and a bonus family room ideal for extra living space. The property offers a well-kept backyard perfect for outdoor enjoyment. Great option for those needing flexible space. Move-in ready with plenty of room to grow.
-
2025-08-25status Pending
Show marketing remark (292 chars)
Ranch-style home with a spacious finished basement, featuring a 5/2.5 layout and a bonus family room ideal for extra living space. The property offers a well-kept backyard perfect for outdoor enjoyment. Great option for those needing flexible space. Move-in ready with plenty of room to grow.
-
2025-07-24$278,000 New 292-char remark
Show marketing remark (292 chars)
Ranch-style home with a spacious finished basement, featuring a 5/2.5 layout and a bonus family room ideal for extra living space. The property offers a well-kept backyard perfect for outdoor enjoyment. Great option for those needing flexible space. Move-in ready with plenty of room to grow.
-
2025-07-24$278,000 Active
Show marketing remark (292 chars)
Ranch-style home with a spacious finished basement, featuring a 5/2.5 layout and a bonus family room ideal for extra living space. The property offers a well-kept backyard perfect for outdoor enjoyment. Great option for those needing flexible space. Move-in ready with plenty of room to grow.
-
2023-05-25historical
-
2019-10-10soldstatus $132,000 Closed 240-char remark
Show marketing remark (240 chars)
4 Bedroom 2.5 Bathroom Ranch with Basement In-Law suite and Bonus room lot's of extra rooms. Fenced Private Backyard inside a Cul-de-sac. Eat-In Kitchen with white cabinets. Close to shopping This property is Sold- AS- Is. Cash Offers Only.
-
2019-10-10soldstatus $132,000 Sold
Show marketing remark (240 chars)
4 Bedroom 2.5 Bathroom Ranch with Basement In-Law suite and Bonus room lot's of extra rooms. Fenced Private Backyard inside a Cul-de-sac. Eat-In Kitchen with white cabinets. Close to shopping This property is Sold- AS- Is. Cash Offers Only.
-
2019-10-10soldstatus $132,000
Show marketing remark (240 chars)
4 Bedroom 2.5 Bathroom Ranch with Basement In-Law suite and Bonus room lot's of extra rooms. Fenced Private Backyard inside a Cul-de-sac. Eat-In Kitchen with white cabinets. Close to shopping This property is Sold- AS- Is. Cash Offers Only.
-
2019-10-08status Under Contract
Show marketing remark (240 chars)
4 Bedroom 2.5 Bathroom Ranch with Basement In-Law suite and Bonus room lot's of extra rooms. Fenced Private Backyard inside a Cul-de-sac. Eat-In Kitchen with white cabinets. Close to shopping This property is Sold- AS- Is. Cash Offers Only.
-
2019-10-08status Pending 240-char remark
Show marketing remark (240 chars)
4 Bedroom 2.5 Bathroom Ranch with Basement In-Law suite and Bonus room lot's of extra rooms. Fenced Private Backyard inside a Cul-de-sac. Eat-In Kitchen with white cabinets. Close to shopping This property is Sold- AS- Is. Cash Offers Only.
-
2019-09-19price $140,000 240-char remark
Show marketing remark (240 chars)
4 Bedroom 2.5 Bathroom Ranch with Basement In-Law suite and Bonus room lot's of extra rooms. Fenced Private Backyard inside a Cul-de-sac. Eat-In Kitchen with white cabinets. Close to shopping This property is Sold- AS- Is. Cash Offers Only.
-
2019-09-18$130,000 Active 240-char remark
Show marketing remark (240 chars)
4 Bedroom 2.5 Bathroom Ranch with Basement In-Law suite and Bonus room lot's of extra rooms. Fenced Private Backyard inside a Cul-de-sac. Eat-In Kitchen with white cabinets. Close to shopping This property is Sold- AS- Is. Cash Offers Only.
-
2019-09-18$140,000 New
Show marketing remark (240 chars)
4 Bedroom 2.5 Bathroom Ranch with Basement In-Law suite and Bonus room lot's of extra rooms. Fenced Private Backyard inside a Cul-de-sac. Eat-In Kitchen with white cabinets. Close to shopping This property is Sold- AS- Is. Cash Offers Only.
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1994-10-28soldstatus $45,000
-
1994-06-15soldstatus $55,300
ⓘ 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
- $4,371 · $364/mo
- Projected year-2 tax
- $4,371 · $364/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 9/10 Extreme FEMA zone X (unshaded) · 99% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 6/10 Major 7 d/yr ≥104°F today · 18 d/yr by 30 yrs out
- Wind 5/10 Major 25% chance of damaging wind over 30 yrs
- Air quality 6/10 Major 8 unhealthy d/yr today · 11 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $21,148
- − Mortgage interest
- −$15,572
- − Property taxes
- −$4,371
- − Insurance
- −$2,188
- − Repairs & maintenance
- −$1,692
- − Management
- −$1,692
- − Depreciation
- −$8,087
- Taxable loss
- −$12,454
- Est. tax savings @ 24.0%
- +$2,989
- After-tax cash flow
- $-4,357/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 — Stone Mountain
- Score
- 79/100
- State rank
- #11
- US rank
- #1977
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Dekalb County · 782,738 people
- City population
- 130,941
- Metro
- Atlanta-Sandy Springs-Alpharetta, GA
- Population (ZIP)
- 62,724
- Household income
- $55,307
- Rent vs 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 |
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| Retail | 1 | $160B |
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| Transportation / Logistics | 1 | $91B |
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| Airlines | 1 | $62B |
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| Consumer Goods | 1 | $47B |
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| Utilities | 1 | $25B |
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Price history
+384.6% since first listed20 events — show timeline
- 2026-05-20 Sold (MLS) $268,000 GAMLS
- 2026-04-22 Pending — GAMLS
- 2026-04-22 Pending — FMLS
- 2025-08-29 Relisted — GAMLS
- 2025-08-29 Relisted — FMLS
- 2025-08-25 Pending — GAMLS
- 2025-08-25 Pending — FMLS
- 2025-07-24 Listed $278,000 FMLS
- 2025-07-24 Listed $278,000 GAMLS
- 2023-05-25 Rental Removed — FMLS
- 2019-10-10 Sold (Public Records) $132,000 Public Records
- 2019-10-10 Sold (MLS) $132,000 GAMLS
- 2019-10-10 Sold (MLS) $132,000 FMLS
- 2019-10-08 Pending — GAMLS
- 2019-10-08 Pending — FMLS
- 2019-09-19 Price Changed $140,000 FMLS
- 2019-09-18 Listed $140,000 GAMLS
- 2019-09-18 Listed $130,000 FMLS
- 1994-10-28 Sold (Public Records) $45,000 Public Records
- 1994-06-15 Sold (Public Records) $55,300 Public Records
Property tax history
+7.8%/yrLatest (2025): $4,371 · +0.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…