Is Carroll, IA a good place to invest in rental property?

Carroll, IA has a median modeled monthly cash flow of $-614 and a median cap rate of 3.2%, on a median sold price of $207,500. Prices changed +18.9% year over year.

What is the average cap rate in Carroll, IA?

The median cap rate across recently sold homes in Carroll, IA is 3.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Carroll, IA?

The median sold price in Carroll, IA is $207,500 (about $151 per square foot).

Investing in Carroll, IA Real Estate

A data-driven snapshot of the Carroll, IA rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$207,500Median sold price

$151Median $/sqft

3.2%Median cap rate

$-614Modeled cash flow / mo

+18.9%Appreciation YoY

10.5Months of supply

119Active listings

136Sold (last 12 mo)

What the Carroll numbers say

In Carroll, IA, the median home sold for $207,500 (about $151 per square foot), and the typical deal models out to a 3.2% cap rate with a median $-614 of monthly cash flow. Sold prices moved +18.9% over the past year. Inventory sits at about 10.5 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Iowa markets to compare

See Carroll cash-flowing listings

CashFlowRE ranks every for-sale home in Carroll, IA by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Carroll deals, or browse the national market data.