Fix & Flip Deals in Carter Lake, IA
3 active Carter Lake, IA listings whose estimated after-repair value (ARV) exceeds the asking price plus a screening rehab estimate. Each property is assessed by an AI vision model for rehab scope, then ranked by gross spread (ARV − list − repair). Screening only — verify with contractor quotes.
| Address | Grade | List | Repair | ARV | Spread | ROI |
|---|---|---|---|---|---|---|
| 3 Bed 2 Bath Single Section Plan · 3bd/2.0ba | B- | $28,900 | $0 | $59,510 | $30,610 | 89% |
| 3510 N 9th St #108 · 3bd/2.0ba | B+ | $44,000 | $10,560 cosmetic | $59,510 | $4,950 | 0% |
| 3510 N 9th St #127 · 3bd/2.0ba | B+ | $42,900 | $12,160 cosmetic | $59,510 | $4,450 | -1% |
ARV is from comparable-sales (CMA) modeling and capped to 3× the list price to exclude outliers. Repair cost is a screening estimate = the vision-assessed rehab level × home square footage at U.S. cost-per-sqft rules of thumb; it is not a contractor bid. Flip ROI assumes ~8% selling cost and excludes financing and holding costs. Always do your own due diligence.