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

Carter Lake, IA has a median modeled monthly cash flow of $-428 and a median cap rate of 3.9%, on a median sold price of $223,750. Prices changed +10.7% year over year.

What is the average cap rate in Carter Lake, IA?

The median cap rate across recently sold homes in Carter Lake, IA is 3.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Carter Lake, IA?

The median sold price in Carter Lake, IA is $223,750 (about $165 per square foot).

Investing in Carter Lake, IA Real Estate

A data-driven snapshot of the Carter Lake, 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.

$223,750Median sold price

$165Median $/sqft

3.9%Median cap rate

$-428Modeled cash flow / mo

+10.7%Appreciation YoY

9.5Months of supply

30Active listings

38Sold (last 12 mo)

What the Carter Lake numbers say

In Carter Lake, IA, the median home sold for $223,750 (about $165 per square foot), and the typical deal models out to a 3.9% cap rate with a median $-428 of monthly cash flow. Sold prices moved +10.7% over the past year. Inventory sits at about 9.5 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 Carter Lake cash-flowing listings

CashFlowRE ranks every for-sale home in Carter Lake, 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 Carter Lake deals, or browse the national market data.