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Cedar Grove Village

📍 Smyrna, TN
$325,000-​$375,000
Purchase Price
$2,395-​$2,495 /month
Rental Income
6.0%-​6.1%
Cap Rate
$224-​$225/month
Cash Flow / mo
3
Bedrooms
2.5
Bathrooms
1,673-​1,687
Square Feet
2026
Year Built
A-​
Neighborhood
23%-​24%
Est. Expenses

Available Floor Plans

Harper Plan

  • Price: $374,000
  • 2-Story | 3 Bed | 2.5 Bath | 1,673 SF | 2-Car Garage
  • Estimated Rent: $2,495/month
  • Estimated Expenses: 23%
  • Estimated Cap Rate: ~6.0%
  • Projected Cash Flow: ~$224/month
  • Year Built: 2026
  • Neighborhood Class: A-

Overview: This two-story layout offers an open-concept main floor connecting the living, dining, and kitchen areas—ideal for modern living. A covered patio extends the living space outdoors. Upstairs features two secondary bedrooms and a spacious primary suite with walk-in closet and private bath.

Why It Rents Well:

  • Functional open-concept layout
  • 2-car garage (strong tenant appeal)
  • Separation of living and sleeping spaces
  • New construction = low maintenance + premium rents

Camden Plan

  • Price: $252,500
  • 2-Story | 3 Bed | 2.5 Bath | 1,687 SF | 1-Car Garage
  • Estimated Rent: $2,395/month
  • Estimated Expenses: 24%
  • Estimated Cap Rate: ~6.1%
  • Projected Cash Flow: ~$225/month
  • Year Built: 2026
  • Neighborhood Class: A-

Overview: This efficient two-story design maximizes space with an open main-level layout combining kitchen, dining, and living areas. All bedrooms are upstairs, including a large primary suite with private bath and walk-in closet.

Why It Rents Well:

  • Strong price-to-rent ratio
  • 3-bedroom layout (high demand segment)
  • Low-maintenance design
  • Competitive entry price for investors

Cedar Grove Village offers newly built, low-maintenance townhomes in one of the fastest-growing submarkets outside Nashville. This community is designed for everyday convenience and long-term rental appeal.

Residents benefit from:

  • Walkability to retail, dining, and local services
  • Proximity to highly rated Rutherford County schools
  • Access to Smyrna Train Depot events, farmers markets, and seasonal activities
  • Nearby parks including Lee Victory Park (trails, sports fields, open space)
  • Easy commute to Nashville (~30 minutes via I-24 & Sam Ridley Parkway)

Why This Location Performs Well for Investors

  • Strong population growth and rental demand in Smyrna
  • Close proximity to Nashville job market without Nashville pricing
  • Tenant-friendly location (schools, retail, recreation)
  • New construction = lower maintenance + higher rent durability
  • Consistent demand for 3-bedroom townhomes

Site Plans & Exhibits

Cedar Grove Village plat map