For SaleNeutral Deal12 days on market
408 W Main St
408 W Main St, Smithville, TN 37166, Smithville, TN 37166
$375,000
Listing Price
408 W Main St, Smithville, TN 37166
Loc: Smithville, TN
Days Listed
12
Tax Assessed
$261k
Lot Size
0.68 acres
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
N/A
Smithville Elementary School
PK-2
0.8 mi away
5
Dekalb Middle School
6-8
2 mi away
6
De Kalb County High School
9-12
2 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
colonialcape codwhite sidingdormer windowscovered front porchsymmetrical facadebrick chimneygabled roofshutterssuburbancozytraditionalwell-manicured lawn
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.58%
Total ROI
101.8%
Cash Flow
$110/mo
DSCR
1.06
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $110/mo net cash flow with a 6.6% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.6%)
- • Strong rental demand in Smithville
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-12 | Listed for sale | $375,000 | $108 |
| 2026-08-18 | Listing removed | $379,000 | $110 |
| 2026-07-05 | Price change | $379,000 | $110 |
| 2026-07-03 | Listed for sale | $389,000 | $112 |
| 2026-07-02 | Contingent | $389,000 | $112 |
| 2025-12-14 | Price change | $389,000 | $112 |
| 2025-08-04 | Price change | $439,000 | $127 |
| 2025-03-04 | Price change | $469,900 | $136 |
| 2024-11-18 | Listed for sale | $489,900 | $142 |
| 2011-06-30 | Sold | $207,500 | $60 |
| 2005-03-30 | Sold | $200,000 | $58 |
| 1999-04-15 | Sold | $30,000 | $9 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,124.58 | $65,125 |
| 2024 | $2,124.58 | $65,125 |
| 2023 | $1,792.44 | $65,125 |
| 2022 | $1,617.12 | $65,125 |
| 2021 | $0 | $65,125 |
| 2020 | $1,013.29 | $33,525 |
| 2019 | $1,013.29 | $33,525 |
| 2018 | $832.26 | $33,525 |
| 2017 | $615 | $33,525 |
| 2016 | $833 | $33,525 |
| 2015 | $760.68 | $33,525 |
| 2014 | $788.48 | $34,750 |
| 2013 | $788.48 | $34,750 |
| 2011 | $788.48 | $34,750 |
| 2009 | $701.8 | $33,750 |
| 2007 | $725.9 | $30,500 |
| 2006 | $786.9 | $30,500 |
| 2005 | $667.95 | $30,500 |
| 2004 | $704.55 | $30,500 |
| 2003 | $554.4 | $24,000 |
| 2001 | $0 | $20,065 |
| 2000 | $0 | $80,260 |
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