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This page contains aggregated information about each property, and is not intended to serve as an appraisal. Projections for accumulated wealth, cash flow and equity are based on predictive models used to analyze big data on more than 110 million homes. Learn more about INVESTimate

1268 Mannbrook Dr Stone Mountain, GA 30083

3 Beds 2 Baths 1,962 sqft Built 1969
Last updated:  Jun 30, 2018

INVESTimate

$167,587

$157K - $178K

Price Est.

$1,215

$1.1K - $1.3K

Rent Est.

$181,513  ( +8.31%)   1 YR EST. FORECAST
  
  
  

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1268 Mannbrook Dr PROPERTY INFO

FACTS
  • Built In 1969
  • Price/Sqft : $85.42
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,962 sqft
  • Baths : 2 Full

1268 Mannbrook Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
ALLGOOD ELEMENTARY SCHOOL Primary Regular 537 33 NA
FREEDOM MIDDLE SCHOOL Middle Regular 1,010 71 NA
CLARKSTON HIGH SCHOOL High Regular 1,311 86 NA

ALLGOOD ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 537
  • # of teachers: 33
0
GreatSchools Rating

FREEDOM MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 1,010
  • # of teachers: 71
0
GreatSchools Rating

CLARKSTON HIGH SCHOOL

  • Education Level: High
  • # of students: 1,311
  • # of teachers: 86
0
GreatSchools Rating
 

Financial Details

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Neighborhood

STONE MOUNTAIN

  • 55,404

    POPULATION
  • 19,485

    HOUSEHOLDS
  • 53.9%

    WHITE COLLAR

Neighborhood : STONE MOUNTAIN

HOUSEHOLDS
19,485
POPULATION

55,404

53.2%Renters
46.8%Home Owners
LABOR FORCE

 

53.9%White Collar
46.1%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 47% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,215 per month.

MY RENT : $1,215 MEDIAN RENT : $1,138

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 10.8%
$900-999 11.4%
$1,000-1,499 72.4%
>=$1,500 5.4%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $1,215 would therefore be considered affordable for annual household incomes greater than $48,600 (12 months x 3.333 x $1,215).

Rent % Affordability
Above $500 74.1%
Above $700 62.0%
Above $1,100 40.7%
Above $1,500 26.4%
Above $1,900 17.1%
HOUSEHOLD INCOME RANGE

Approximately 6,134 of households in this neighborhood have a total annual income of $48,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,215 per month.

MINIMUM INCOME RANGE : $48,600

Income % Distribution
<$20K 25.9%
$20K-$35K 20.8%
$35K-$60K 26.9%
$60K-$100K 17.4%
>=$100K 8.9%
COMMUTE TIME DISTRIBUTION

60% of the working population has a commute time of 15 to 44 minutes, 13% has a commute time of 14 minutes or less and 28% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.5%
5-9 mins 3.3%
10-14 mins 9.0%
15-19 mins 9.3%
20-29 mins 18.8%
30-44 mins 31.4%
45-59 mins 11.6%
>60 mins 16.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 47% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,215 per month.

MY RENT : $1,215 MEDIAN RENT : $1,138

Rent % Distribution
$500-699 0.0%
$700-899 10.8%
$900-999 11.4%
$1,000-1,499 72.4%
>=$1,500 5.4%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $1,215 would therefore be considered affordable for annual household incomes greater than $48,600 (12 months x 3.333 x $1,215).

Rent % Affordability
Above $500 74.1%
Above $700 62.0%
Above $1,100 40.7%
Above $1,500 26.4%
Above $1,900 17.1%
HOUSEHOLD INCOME RANGE

Approximately 6,134 of households in this neighborhood have a total annual income of $48,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,215 per month.

MINIMUM INCOME RANGE : $48,600

Income % Distribution
<$20K 25.9%
$20K-$35K 20.8%
$35K-$60K 26.9%
$60K-$100K 17.4%
>=$100K 8.9%
COMMUTE TIME DISTRIBUTION

60% of the working population has a commute time of 15 to 44 minutes, 13% has a commute time of 14 minutes or less and 28% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.5%
5-9 mins 3.3%
10-14 mins 9.0%
15-19 mins 9.3%
20-29 mins 18.8%
30-44 mins 31.4%
45-59 mins 11.6%
>60 mins 16.1%

STONE MOUNTAIN Demographics

INDUSTRY

Industry % Distribution
Administrative Support 6.8%
Arts & Entertainment 11.5%
Health Care & Social Assistance 12.0%
Manufacturing 9.5%
Retail & Wholesale Trader 17.6%
Transportation 8.1%
Other 34.5%
AGE DISTRIBUTION

55% of the population is between the ages of 25 and 64, 36% is 24 or younger and 9% is 65 or older.

Age % Distribution
<15 21.9%
15-19 7.0%
20-24 7.3%
25-44 29.8%
45-65 24.9%
66+ 9.2%
OCCUPATION

Occupation % Distribution
Education 5.1%
Healthcare 7.5%
Management, Business, & Financial 12.8%
Natural Resources Maintenance 5.5%
Production & Transportation 19.0%
Sales & Office 27.0%
Other 23.0%
HIGHEST EDUCATION LEVEL

18% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 9.6%
High School 29.2%
Masters Degree 5.6%
Some College 23.6%
Some High School 13.6%
Other 18.4%

1268 Mannbrook Dr Comps

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1268 Mannbrook Dr, Stone Mountain, GA 30083 is a single family home of 1,962 sqft. HomeUnion INVESTimate® for 1268 Mannbrook Dr includes a Price Estimate of $167,587 and a Rent Estimate of $1,215. This single family home has 3 bedrooms,2 bathrooms, and was built in 1969. This property has an estimated 15 year annualized Yield of 8.70% and Total Return of 20.05%. The estimated 1 year forecast in home value for 1268 Mannbrook Dr is 8.31%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in GA, DEKALB County, or the 30083 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2