OFF_MARKETRisky Deal57 days on market
1119 Sparta Hwy
1119 Sparta Hwy, Smithville, TN 37166, Smithville, TN 37166
1119 Sparta Hwy, Smithville, TN 37166
Loc: Smithville, TN
Days Listed
57
Tax Assessed
$292k
Zestimate®
$680k
Market Rate
Lot Size
2.75 acres
Rent Estimate
$3,195/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
N/A
Smithville Elementary School
PK-2
1.4 mi away
5
Dekalb Middle School
6-8
3.8 mi away
6
De Kalb County High School
9-12
3.8 mi away
Property Overview
A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.
Features & Amenities
Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit
Haven AI Verdict
Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
3.67%
Total ROI
38.7%
Cash Flow
$-1,457/mo
DSCR
0.59
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10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-08-01 | Sold | $680,000 | $202 |
| 2026-07-29 | Pending sale | $680,000 | $202 |
| 2026-06-26 | Contingent | $680,000 | $202 |
| 2026-05-08 | Price change | $680,000 | $202 |
| 2026-04-10 | Price change | $685,000 | $204 |
| 2026-04-01 | Price change | $689,000 | $205 |
| 2026-03-20 | Price change | $692,000 | $206 |
| 2026-03-09 | Price change | $695,000 | $207 |
| 2026-02-17 | Listed for sale | $699,000 | $208 |
| 2025-11-16 | Listing removed | $729,900 | $217 |
| 2025-11-12 | Price change | $729,900 | $217 |
| 2025-10-25 | Price change | $734,900 | $219 |
| 2025-10-13 | Price change | $739,900 | $220 |
| 2025-10-05 | Price change | $744,900 | $222 |
| 2025-09-25 | Listed for sale | $754,900 | $225 |
| 2025-09-04 | Listing removed | $739,929 | $220 |
| 2025-05-27 | Price change | $739,929 | $220 |
| 2025-04-21 | Price change | $744,929 | $222 |
| 2025-04-08 | Price change | $749,929 | $223 |
| 2025-03-20 | Price change | $704,929 | $210 |
| 2025-03-03 | Listed for sale | $714,929 | $213 |
| 2023-10-16 | Sold | $660,000 | $196 |
| 2023-10-14 | Contingent | $690,000 | $205 |
| 2023-10-14 | Listed for sale | $690,000 | $205 |
| 2023-07-14 | Contingent | $690,000 | $205 |
| 2023-07-14 | Pending sale | $690,000 | $205 |
| 2002-06-06 | Sold | $192,300 | $57 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $1,831.05 | $72,950 |
| 2024 | $1,831.05 | $72,950 |
| 2023 | $1,459 | $72,950 |
| 2022 | $1,262.62 | $72,950 |
| 2021 | $0 | $72,950 |
| 2020 | $1,142.44 | $53,800 |
| 2019 | $1,142.44 | $53,800 |
| 2018 | $986.42 | $53,800 |
| 2017 | $986 | $53,800 |
| 2016 | $986 | $53,800 |
| 2015 | $871.56 | $53,800 |
| 2014 | $971.19 | $59,950 |
| 2013 | $971.19 | $59,950 |
| 2011 | $971.19 | $59,950 |
| 2010 | $877.83 | $60,125 |
| 2009 | $877.83 | $60,125 |
| 2008 | $877.83 | $60,125 |
| 2007 | $659.18 | $38,775 |
| 2006 | $736.73 | $38,775 |
| 2005 | $585.5 | $38,775 |
| 2004 | $632.03 | $38,775 |
| 2003 | $566.83 | $34,775 |
| 2001 | $0 | $31,470 |
| 2000 | $0 | $125,879 |
Institutional Underwriting Ledger
Investment Numbers & Operating Model
Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.
Data Sources:MLS List Price: $685,000Rent Basis: Observed Comp Model ($3,195/mo)State Tax Benchmark: 0.67% (TN)Hazard Reserve: $200/mo
Haven ScoreRisky
0/ 10
Multi-factor yield grade
Cap Rate (Unleveraged)
3.67%
NOI: $25,167/yr
Cash-on-Cash Yield
-11.1%
On $157,550 invested
DSCR Ratio
0.59x
Negative debt coverage
5-Yr Leveraged ROI
+38.7%
Equity + cumulative cash
Financing Scenario Controls
Adjust down payment & rates to model your personalized returnMonthly Cash Flow Breakdown
Monthly Operating Deductions
Property Taxes (0.67% of basis)-$163/mo
Homeowner / Hazard Insurance-$200/mo
Vacancy Reserve (5% of rent)-$160/mo
Repairs & Maintenance (10% of rent)-$320/mo
Property Management (8% of rent)-$256/mo
Total Pure Operating Expenses-$1,098/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,195/mo
Less: Operating Expenses-$1,098/mo
Net Operating Income (NOI)+$2,097/mo
Less: Debt Service (30yr @ 6.75%)-$3,554/mo
Net Cash Flow
$-1,457/mo
$-17,485/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:
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