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

Carter Lake, IA has a median modeled monthly cash flow of $-357 and a median cap rate of 4.3%, on a median sold price of $221,250. Prices changed +8.6% 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 4.3%, 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 $221,250 (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.

$221,250Median sold price

$165Median $/sqft

4.3%Median cap rate

$-357Modeled cash flow / mo

+8.6%Appreciation YoY

13.4Months of supply

38Active listings

34Sold (last 12 mo)

What the Carter Lake numbers say

In Carter Lake, IA, the median home sold for $221,250 (about $165 per square foot), and the typical deal models out to a 4.3% cap rate with a median $-357 of monthly cash flow. Sold prices moved +8.6% over the past year. Inventory sits at about 13.4 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.

🔨 See 3 fix-and-flip deals in Carter Lake — listings where the estimated after-repair value beats list price + rehab.

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.