1930 Hideaway Hills Ln #36 · Lansing, IA 52151

$72,000

2 bd · 2.0 ba · 1,140 sqft · SingleFamily · 26 Days on market

Built 2018 Good condition 4,356 sqft lot

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Why this score? — see what drove the A- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• DSCR +10.0/10.0
• 1% rule +8.8/10.0
• ARV discount +7.5/15.0
• Appreciation +7.3/10.0
• Schools +6.8/10.0
• Condition / age +3.8/5.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0

Listing remarks

Nestled in the scenic river town of Lansing, this well-maintained, FULLY FURNISHED, 2018 mobile home on Hideaway Hills Lane offers the perfect blend of comfort and convenience! Featuring 2 bedrooms and 2 bathrooms, this property is ideal for year-round living or your weekend cabin getaway near the mighty Mississippi River. Enjoy the peaceful surroundings, small-town charm, and endless recreational opportunities the Driftless region has to offer. Whether you?re looking for a low-maintenance primary residence or vacation retreat, this property is ready for you to make it your own. Don?t miss your chance to enjoy river town living at its finest! Lot rent is $300 per month and that includes you

Key facts

• Vacation retreat
• Small town charm
• River town living

Tags

• WELL MAINTAINED
• FULLY FURNISHED
• MIGHTY MISSISSIPPI RIVER
• SMALL TOWN CHARM
• VACATION RETREAT
• RIVER TOWN LIVING

Property features AI

Finance

• Other: Property is offered fully furnished (seller's personal items excluded)

Exterior

• Utilities: Community well available; LP gas
• Home design: Single-family property; One-story living (main level entry)
• Construction: Information lists year built as 'Other - See Remarks'
• Exterior features: Vinyl exterior; Lot approximately 0.1 acre; Zoned R

Interior

• Kitchen: Kitchen on main level — 14 x 19
• Bedrooms: Master bedroom (Main) — 14 x 12; Second bedroom (Main) — 14 x 11
• Bathrooms: Two full bathrooms, including a full master bath
• Heating & cooling: LP gas heating
• Interior features: Open living area

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $72k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $289 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($996 rent vs $72k).
• Recommended offer: $71k (1.5% below list) — sets the bar for market timing.

Location & tenants

• Location reads 74/100 on livability (#238 in IA, #4,640 nationally) — a middle-class / working-renter tenant base. Strengths: schools A+, crime A+, cost of living A+; Watch: amenities F, commute F, employment F.
• Eastern Allamakee Community School District (rural): math 84% / reading 79% proficiency, ranked #29 of 289 in IA (top 10%) — strong family-tenant draw, lease renewals of 3-5y typical.
• Market conditions: 16 active listings in the ZIP; 61 units permitted in Allamakee County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $4k of equity ($498 loan paydown + $3k appreciation (4.6% local appreciation)).
• Allamakee County population projected at -26% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (4.6% appreciation + 3.0% rent growth), your $20k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 9, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 26 days — a 2% lower offer ($71k) is reasonable based on typical stale-listing flexibility.

Recommended offer $70,920 (1.5% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
3. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
4. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
5. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.38% ✓
• Cap rate: 11.11%
• Cash-on-cash: 17.20%
• DSCR: 1.77
• GRM: 6.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

4.56% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 26.9%
• Equity multiple: 2.65×
• Total profit: $33,216
• Equity at exit: $38,887

10-year hold

• IRR: 26.2%
• Equity multiple: 5.24×
• Total profit: $85,436
• Equity at exit: $65,581

Cash invested: $20,160 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 83 Strongly Landlord-Friendly
• State Iowa: 83 Strongly Landlord-Friendly · R+6
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; mostly landlord-friendly statewide.

Methodology + full state rankings →

ZIP-level market 52151

• Home prices YoY: 2.0%
• Active inventory: 16
• Price-to-rent: 6.0×

Monthly cashflow live

• Estimated rent: $996 medium
• Mortgage (P&I): −$378
• Tax est. 1.5%: −$90 /mo · $1,080/yr
• Insurance: −$30
• HOA: −$0
• Vacancy / Maint / Mgmt: −$209
• Net cashflow: $289

Break-even live

Break-even rent $630

Max offer price $72,000

Occupancy floor 66%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $18,000
• Closing costs: $2,160
• Reserves months: —
• Total cash needed: —

Listing history 15 events

1. 2026-06-17
   status $72,000 Pending 26 DOM
2. 2026-06-16
   days on market $72,000 Active 26 DOM
3. 2026-06-15
   days on market $72,000 Active 25 DOM
4. 2026-06-13
   days on market $72,000 Active 23 DOM
5. 2026-06-12
   days on market $72,000 Active 22 DOM
6. 2026-06-09
   days on market $72,000 Active 19 DOM
7. 2026-06-08
   days on market $72,000 Active 18 DOM
8. 2026-06-07
   days on market $72,000 Active 17 DOM
9. 2026-06-05
   days on market $72,000 Active 15 DOM
10. 2026-06-04
    days on market $72,000 Active 13 DOM
11. 2026-06-02
    days on market $72,000 Active 12 DOM
12. 2026-06-01
    days on market $72,000 Active 11 DOM
13. 2026-05-31
    days on market $72,000 Active 10 DOM
14. 2026-05-31
    days on market $72,000 Active 9 DOM
15. 2026-05-21
    listed $72,000 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Taxation est. · year 1

• Rental income: $11,948
• − Mortgage interest: −$4,033
• − Property taxes: −$1,080
• − Insurance: −$360
• − Repairs & maintenance: −$956
• − Management: −$956
• − Depreciation: −$2,095
• Taxable income: $2,468
• Est. tax owed @ 24.0%: −$592
• After-tax cash flow: $2,875/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 13 photos

Good 75/100 Cosmetic rehab

This fully furnished 2018 mobile home is in good condition with minor cosmetic updates needed. It offers a great blend of comfort and convenience in a scenic location.

Value-add opportunities

• Both paint exterior — enhances curb appeal and resale value
• Both trim landscaping — improves curb appeal and rental appeal

Renovation cost estimate screening

Value-add ROI direction

• Both paint exterior — enhances curb appeal and resale value ↑
• Both trim landscaping — improves curb appeal and rental appeal ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Eastern Allamakee Community School District
• NCES district ID: 1910410
• Math proficiency: 84% ▼ -1.00%
• Reading proficiency: 79% ▼ -1.00%
• Median HH income: $44,636
• Composite: 68.41/100
• National rank: #345
• State rank: #29 of 289 in IA

Livability — Lansing

• Score: 74/100
• State rank: #238
• US rank: #4640

Category grades

Amenities F Commute F Cost of living A+ Crime A+ Employment F Housing B+ Health & safety A+ User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 1,956

Population outlook (Allamakee County) Hauer SSP2

• Today (2025): 12,814 people
• By 2030: 12,146 · -5.2%
• By 2040: 10,750 · -16.1%
• By 2050: 9,506 · -25.8%
• By 2075: 7,779 · -39.3%
• By 2100: 6,870 · -46.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (97%)
• Race & ethnicity: White 97% Native American 1% Black 1%
• Common ancestry: Portuguese 8% Subsaharan African 2% Lithuanian 1%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · French/Haitian/Cajun 1% Spanish 1%

Political lean MEDSL · Allamakee

• 2024 margin: Solid R (+34.3) · D 32.2% · R 66.5% · Other 1.3%
• 2008→2024 swing: -48.6pp toward R · 2008: 14.2pp · 2024: -34.3pp
• All cycles: 2024: R+34.3 2020: R+29.1 2016: R+24.3 2012: D+4.1 2008: D+14.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 4.56%
• Current HPI: 227.7956
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 2.48%
• F500 in state: 4

Industry mix (Fortune 500 HQ in IA)

Industry	F500 HQs	Revenue
▸Financial Services	1	$16B
▸Retail / Convenience	1	$15B

Price history

1 event — show timeline

• 2026-05-21 Listed $72,000 SCWMLS