Fix & Flip Deals in Spirit Lake, IA
3 active Spirit 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.
3Flip candidates
$73,165Median gross spread
| Address | Grade | List | Repair | ARV | Spread | ROI |
|---|---|---|---|---|---|---|
| 1502 Memphis Ave #26 · 3bd/1.0ba | B | $89,000 | $9,660 cosmetic | $204,087 | $105,427 | 90% |
| 508 18th St · 3bd/1.0ba | B | $87,000 | $34,370 moderate | $194,535 | $73,165 | 47% |
| 2408 25th St #37 · 2bd/1.0ba | B+ | $62,000 | $9,800 cosmetic | $80,197 | $8,397 | 3% |
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.