3 Bed 2 Bath Single Section Plan · Carter Lake, IA 51510

$44,000

3 bd · 2.0 ba · 1,056 sqft · Manufactured · 606 Days on market

Excellent condition $42/sqft · 21% below area Est $56k · 21% under

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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
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Condition / age +4.8/5.0
• Schools +4.5/10.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to Lakeside Estates, where quality living meets unbeatable convenience. Nestled in a tranquil Iowa enclave within the Omaha, Nebraska Metro Area, our community offers the perfect blend of peace and accessibility. Enjoy proximity to shopping, entertainment, restaurants, and top-rated schools in the Council Bluffs Community School District. Explore the natural beauty of Carter Lake and Wavecrest Park just steps away, or tee off at the nearby Shoreline Golf Course. Downtown Omaha is a quick 10-minute drive for even more excitement. Lakeside Estates boasts fantastic amenities like a barbecue and picnic area and basketball court. Our pet-friendly environment and caring community, with on-site management and maintenance, make it a truly special place to call home. Join our tight-knit community and experience Lakeside Estates living today. Schedule a private tour and discover your new home.

Key facts

• Natural beauty
• Top-rated schools
• Listed 606 days

Tags

• TRANQUIL IOWA ENCLAVE
• TOP-RATED SCHOOLS
• NATURAL BEAUTY
• PET-FRIENDLY ENVIRONMENT

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $44k. Condition is rated excellent.

Deal economics

• At list price, monthly cash flow is $797 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $44k).
• Recommended offer: $39k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 66/100 on livability (#519 in IA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools C-, employment D+, crime F.
• Council Bluffs Community School District (urban): math 52% / reading 55% proficiency, ranked #272 of 289 in IA (top 94%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 21 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 75% of comp listings sitting > 30 days — soft ceiling on asking rent; 679 units permitted in Pottawattamie County in 2024 (566 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $304 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
• Pottawattamie County population projected to shrink 7% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $12k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 606 days — a 12% lower offer ($39k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 2y ago; this cycle's ask is 10% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Recommended offer $38,720 (12.0% below list)

Questions for the listing agent

1. It's been on market 606 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
5. 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.
6. 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.
7. 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: 3.17% ✓
• Cap rate: 28.03%
• Cash-on-cash: 77.62%
• DSCR: 4.45
• GRM: 2.6

CMA / ARV

• ARV (median comp): $55,735
• List price: $44,000
• Delta: -21.05%
• Verdict: UNDERPRICED
• Comps: 2 within 2.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: 77.7%
• Equity multiple: 4.54×
• Total profit: $43,646
• Equity at exit: $6,561

10-year hold

• IRR: 81.2%
• Equity multiple: 9.40×
• Total profit: $103,446
• Equity at exit: $3,804

Cash invested: $12,320 (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 51510

• Home prices YoY: -18.7%
• Active inventory: 21
• Price-to-rent: 2.6×

Monthly cashflow live

• Estimated rent: $1,394 high
• Mortgage (P&I): −$231
• Tax est. 1.5%: −$55 /mo · $660/yr
• Insurance: −$18
• HOA: −$0
• Vacancy / Maint / Mgmt: −$293
• Net cashflow: $797

Break-even live

Break-even rent $385

Max offer price $44,000

Occupancy floor 38%

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: $11,000
• Closing costs: $1,320
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3510 N 9th St Lot 47 Carter Lake, IA	3.0	2.0	1152	$1,479	$1.28	43d	1	0.12mi
1005 Avenue K Unit 8 Carter Lake, IA	2.0	2.0	1014	$1,125	$1.11	14d	1	0.27mi
1114 Hiatt St Carter Lake, IA	3.0	1.0	1165	$1,450	$1.24	43d	1	0.30mi
3708 Florence Blvd Omaha, NE	3.0	1.0	1102	$1,395	$1.27	21d	1	1.19mi
1820 Miami St Omaha, NE	4.0	1.5	1306	$1,050	$0.80	43d	1	1.19mi
4125 N 19th St Omaha, NE	3.0	1.0	1266	$1,532	$1.21	43d	1	1.23mi
2816 N 19th Ave Omaha, NE	3.0	1.0	860	$1,700	$1.98	43d	1	1.23mi
4201 N 22nd St Omaha, NE	3.0	1.0	1380	$1,545	$1.12	43d	1	1.41mi

Listing history 27 events

1. 2026-06-19
   pricedays on market $44,000 Active 606 DOM
2. 2026-05-13
   status Active 904-char remark

   Show marketing remark (904 chars)

   Welcome to Lakeside Estates, where quality living meets unbeatable convenience. Nestled in a tranquil Iowa enclave within the Omaha, Nebraska Metro Area, our community offers the perfect blend of peace and accessibility. Enjoy proximity to shopping, entertainment, restaurants, and top-rated schools in the Council Bluffs Community School District. Explore the natural beauty of Carter Lake and Wavecrest Park just steps away, or tee off at the nearby Shoreline Golf Course. Downtown Omaha is a quick 10-minute drive for even more excitement. Lakeside Estates boasts fantastic amenities like a barbecue and picnic area and basketball court. Our pet-friendly environment and caring community, with on-site management and maintenance, make it a truly special place to call home. Join our tight-knit community and experience Lakeside Estates living today. Schedule a private tour and discover your new home.

3. 2026-05-13
   price $42,900 904-char remark

   Show marketing remark (904 chars)

   Welcome to Lakeside Estates, where quality living meets unbeatable convenience. Nestled in a tranquil Iowa enclave within the Omaha, Nebraska Metro Area, our community offers the perfect blend of peace and accessibility. Enjoy proximity to shopping, entertainment, restaurants, and top-rated schools in the Council Bluffs Community School District. Explore the natural beauty of Carter Lake and Wavecrest Park just steps away, or tee off at the nearby Shoreline Golf Course. Downtown Omaha is a quick 10-minute drive for even more excitement. Lakeside Estates boasts fantastic amenities like a barbecue and picnic area and basketball court. Our pet-friendly environment and caring community, with on-site management and maintenance, make it a truly special place to call home. Join our tight-knit community and experience Lakeside Estates living today. Schedule a private tour and discover your new home.

4. 2026-04-26
   historical 904-char remark

   Show marketing remark (904 chars)

   Welcome to Lakeside Estates, where quality living meets unbeatable convenience. Nestled in a tranquil Iowa enclave within the Omaha, Nebraska Metro Area, our community offers the perfect blend of peace and accessibility. Enjoy proximity to shopping, entertainment, restaurants, and top-rated schools in the Council Bluffs Community School District. Explore the natural beauty of Carter Lake and Wavecrest Park just steps away, or tee off at the nearby Shoreline Golf Course. Downtown Omaha is a quick 10-minute drive for even more excitement. Lakeside Estates boasts fantastic amenities like a barbecue and picnic area and basketball court. Our pet-friendly environment and caring community, with on-site management and maintenance, make it a truly special place to call home. Join our tight-knit community and experience Lakeside Estates living today. Schedule a private tour and discover your new home.

5. 2026-02-13
   price $68,900 904-char remark

   Show marketing remark (904 chars)

   Welcome to Lakeside Estates, where quality living meets unbeatable convenience. Nestled in a tranquil Iowa enclave within the Omaha, Nebraska Metro Area, our community offers the perfect blend of peace and accessibility. Enjoy proximity to shopping, entertainment, restaurants, and top-rated schools in the Council Bluffs Community School District. Explore the natural beauty of Carter Lake and Wavecrest Park just steps away, or tee off at the nearby Shoreline Golf Course. Downtown Omaha is a quick 10-minute drive for even more excitement. Lakeside Estates boasts fantastic amenities like a barbecue and picnic area and basketball court. Our pet-friendly environment and caring community, with on-site management and maintenance, make it a truly special place to call home. Join our tight-knit community and experience Lakeside Estates living today. Schedule a private tour and discover your new home.

6. 2026-01-31
   price $72,900 904-char remark

   Show marketing remark (904 chars)

   Welcome to Lakeside Estates, where quality living meets unbeatable convenience. Nestled in a tranquil Iowa enclave within the Omaha, Nebraska Metro Area, our community offers the perfect blend of peace and accessibility. Enjoy proximity to shopping, entertainment, restaurants, and top-rated schools in the Council Bluffs Community School District. Explore the natural beauty of Carter Lake and Wavecrest Park just steps away, or tee off at the nearby Shoreline Golf Course. Downtown Omaha is a quick 10-minute drive for even more excitement. Lakeside Estates boasts fantastic amenities like a barbecue and picnic area and basketball court. Our pet-friendly environment and caring community, with on-site management and maintenance, make it a truly special place to call home. Join our tight-knit community and experience Lakeside Estates living today. Schedule a private tour and discover your new home.

7. 2026-01-28
   price $68,900 904-char remark

   Show marketing remark (904 chars)

   Welcome to Lakeside Estates, where quality living meets unbeatable convenience. Nestled in a tranquil Iowa enclave within the Omaha, Nebraska Metro Area, our community offers the perfect blend of peace and accessibility. Enjoy proximity to shopping, entertainment, restaurants, and top-rated schools in the Council Bluffs Community School District. Explore the natural beauty of Carter Lake and Wavecrest Park just steps away, or tee off at the nearby Shoreline Golf Course. Downtown Omaha is a quick 10-minute drive for even more excitement. Lakeside Estates boasts fantastic amenities like a barbecue and picnic area and basketball court. Our pet-friendly environment and caring community, with on-site management and maintenance, make it a truly special place to call home. Join our tight-knit community and experience Lakeside Estates living today. Schedule a private tour and discover your new home.

8. 2026-01-10
   price $67,900 904-char remark

   Show marketing remark (904 chars)

   Welcome to Lakeside Estates, where quality living meets unbeatable convenience. Nestled in a tranquil Iowa enclave within the Omaha, Nebraska Metro Area, our community offers the perfect blend of peace and accessibility. Enjoy proximity to shopping, entertainment, restaurants, and top-rated schools in the Council Bluffs Community School District. Explore the natural beauty of Carter Lake and Wavecrest Park just steps away, or tee off at the nearby Shoreline Golf Course. Downtown Omaha is a quick 10-minute drive for even more excitement. Lakeside Estates boasts fantastic amenities like a barbecue and picnic area and basketball court. Our pet-friendly environment and caring community, with on-site management and maintenance, make it a truly special place to call home. Join our tight-knit community and experience Lakeside Estates living today. Schedule a private tour and discover your new home.

9. 2026-01-04
   price $60,900 904-char remark

   Show marketing remark (904 chars)

   Welcome to Lakeside Estates, where quality living meets unbeatable convenience. Nestled in a tranquil Iowa enclave within the Omaha, Nebraska Metro Area, our community offers the perfect blend of peace and accessibility. Enjoy proximity to shopping, entertainment, restaurants, and top-rated schools in the Council Bluffs Community School District. Explore the natural beauty of Carter Lake and Wavecrest Park just steps away, or tee off at the nearby Shoreline Golf Course. Downtown Omaha is a quick 10-minute drive for even more excitement. Lakeside Estates boasts fantastic amenities like a barbecue and picnic area and basketball court. Our pet-friendly environment and caring community, with on-site management and maintenance, make it a truly special place to call home. Join our tight-knit community and experience Lakeside Estates living today. Schedule a private tour and discover your new home.

10. 2025-12-11
    price $66,900 904-char remark

    Show marketing remark (904 chars)

    Welcome to Lakeside Estates, where quality living meets unbeatable convenience. Nestled in a tranquil Iowa enclave within the Omaha, Nebraska Metro Area, our community offers the perfect blend of peace and accessibility. Enjoy proximity to shopping, entertainment, restaurants, and top-rated schools in the Council Bluffs Community School District. Explore the natural beauty of Carter Lake and Wavecrest Park just steps away, or tee off at the nearby Shoreline Golf Course. Downtown Omaha is a quick 10-minute drive for even more excitement. Lakeside Estates boasts fantastic amenities like a barbecue and picnic area and basketball court. Our pet-friendly environment and caring community, with on-site management and maintenance, make it a truly special place to call home. Join our tight-knit community and experience Lakeside Estates living today. Schedule a private tour and discover your new home.

11. 2025-11-23
    price $70,900 904-char remark

    Show marketing remark (904 chars)

    Welcome to Lakeside Estates, where quality living meets unbeatable convenience. Nestled in a tranquil Iowa enclave within the Omaha, Nebraska Metro Area, our community offers the perfect blend of peace and accessibility. Enjoy proximity to shopping, entertainment, restaurants, and top-rated schools in the Council Bluffs Community School District. Explore the natural beauty of Carter Lake and Wavecrest Park just steps away, or tee off at the nearby Shoreline Golf Course. Downtown Omaha is a quick 10-minute drive for even more excitement. Lakeside Estates boasts fantastic amenities like a barbecue and picnic area and basketball court. Our pet-friendly environment and caring community, with on-site management and maintenance, make it a truly special place to call home. Join our tight-knit community and experience Lakeside Estates living today. Schedule a private tour and discover your new home.

12. 2025-10-25
    price $60,900 904-char remark

    Show marketing remark (904 chars)

    Welcome to Lakeside Estates, where quality living meets unbeatable convenience. Nestled in a tranquil Iowa enclave within the Omaha, Nebraska Metro Area, our community offers the perfect blend of peace and accessibility. Enjoy proximity to shopping, entertainment, restaurants, and top-rated schools in the Council Bluffs Community School District. Explore the natural beauty of Carter Lake and Wavecrest Park just steps away, or tee off at the nearby Shoreline Golf Course. Downtown Omaha is a quick 10-minute drive for even more excitement. Lakeside Estates boasts fantastic amenities like a barbecue and picnic area and basketball court. Our pet-friendly environment and caring community, with on-site management and maintenance, make it a truly special place to call home. Join our tight-knit community and experience Lakeside Estates living today. Schedule a private tour and discover your new home.

13. 2025-09-26
    price $70,900 904-char remark

    Show marketing remark (904 chars)

    Welcome to Lakeside Estates, where quality living meets unbeatable convenience. Nestled in a tranquil Iowa enclave within the Omaha, Nebraska Metro Area, our community offers the perfect blend of peace and accessibility. Enjoy proximity to shopping, entertainment, restaurants, and top-rated schools in the Council Bluffs Community School District. Explore the natural beauty of Carter Lake and Wavecrest Park just steps away, or tee off at the nearby Shoreline Golf Course. Downtown Omaha is a quick 10-minute drive for even more excitement. Lakeside Estates boasts fantastic amenities like a barbecue and picnic area and basketball court. Our pet-friendly environment and caring community, with on-site management and maintenance, make it a truly special place to call home. Join our tight-knit community and experience Lakeside Estates living today. Schedule a private tour and discover your new home.

14. 2025-09-26
    status Active 904-char remark

    Show marketing remark (904 chars)

    Welcome to Lakeside Estates, where quality living meets unbeatable convenience. Nestled in a tranquil Iowa enclave within the Omaha, Nebraska Metro Area, our community offers the perfect blend of peace and accessibility. Enjoy proximity to shopping, entertainment, restaurants, and top-rated schools in the Council Bluffs Community School District. Explore the natural beauty of Carter Lake and Wavecrest Park just steps away, or tee off at the nearby Shoreline Golf Course. Downtown Omaha is a quick 10-minute drive for even more excitement. Lakeside Estates boasts fantastic amenities like a barbecue and picnic area and basketball court. Our pet-friendly environment and caring community, with on-site management and maintenance, make it a truly special place to call home. Join our tight-knit community and experience Lakeside Estates living today. Schedule a private tour and discover your new home.

15. 2025-07-02
    historical 904-char remark

    Show marketing remark (904 chars)

    Welcome to Lakeside Estates, where quality living meets unbeatable convenience. Nestled in a tranquil Iowa enclave within the Omaha, Nebraska Metro Area, our community offers the perfect blend of peace and accessibility. Enjoy proximity to shopping, entertainment, restaurants, and top-rated schools in the Council Bluffs Community School District. Explore the natural beauty of Carter Lake and Wavecrest Park just steps away, or tee off at the nearby Shoreline Golf Course. Downtown Omaha is a quick 10-minute drive for even more excitement. Lakeside Estates boasts fantastic amenities like a barbecue and picnic area and basketball court. Our pet-friendly environment and caring community, with on-site management and maintenance, make it a truly special place to call home. Join our tight-knit community and experience Lakeside Estates living today. Schedule a private tour and discover your new home.

16. 2025-04-10
    price $57,900 904-char remark

    Show marketing remark (904 chars)

    Welcome to Lakeside Estates, where quality living meets unbeatable convenience. Nestled in a tranquil Iowa enclave within the Omaha, Nebraska Metro Area, our community offers the perfect blend of peace and accessibility. Enjoy proximity to shopping, entertainment, restaurants, and top-rated schools in the Council Bluffs Community School District. Explore the natural beauty of Carter Lake and Wavecrest Park just steps away, or tee off at the nearby Shoreline Golf Course. Downtown Omaha is a quick 10-minute drive for even more excitement. Lakeside Estates boasts fantastic amenities like a barbecue and picnic area and basketball court. Our pet-friendly environment and caring community, with on-site management and maintenance, make it a truly special place to call home. Join our tight-knit community and experience Lakeside Estates living today. Schedule a private tour and discover your new home.

17. 2025-02-14
    price $56,900 904-char remark

    Show marketing remark (904 chars)

    Welcome to Lakeside Estates, where quality living meets unbeatable convenience. Nestled in a tranquil Iowa enclave within the Omaha, Nebraska Metro Area, our community offers the perfect blend of peace and accessibility. Enjoy proximity to shopping, entertainment, restaurants, and top-rated schools in the Council Bluffs Community School District. Explore the natural beauty of Carter Lake and Wavecrest Park just steps away, or tee off at the nearby Shoreline Golf Course. Downtown Omaha is a quick 10-minute drive for even more excitement. Lakeside Estates boasts fantastic amenities like a barbecue and picnic area and basketball court. Our pet-friendly environment and caring community, with on-site management and maintenance, make it a truly special place to call home. Join our tight-knit community and experience Lakeside Estates living today. Schedule a private tour and discover your new home.

18. 2025-01-28
    price $59,900 904-char remark

    Show marketing remark (904 chars)

    Welcome to Lakeside Estates, where quality living meets unbeatable convenience. Nestled in a tranquil Iowa enclave within the Omaha, Nebraska Metro Area, our community offers the perfect blend of peace and accessibility. Enjoy proximity to shopping, entertainment, restaurants, and top-rated schools in the Council Bluffs Community School District. Explore the natural beauty of Carter Lake and Wavecrest Park just steps away, or tee off at the nearby Shoreline Golf Course. Downtown Omaha is a quick 10-minute drive for even more excitement. Lakeside Estates boasts fantastic amenities like a barbecue and picnic area and basketball court. Our pet-friendly environment and caring community, with on-site management and maintenance, make it a truly special place to call home. Join our tight-knit community and experience Lakeside Estates living today. Schedule a private tour and discover your new home.

19. 2024-12-08
    price $56,900 904-char remark

    Show marketing remark (904 chars)

    Welcome to Lakeside Estates, where quality living meets unbeatable convenience. Nestled in a tranquil Iowa enclave within the Omaha, Nebraska Metro Area, our community offers the perfect blend of peace and accessibility. Enjoy proximity to shopping, entertainment, restaurants, and top-rated schools in the Council Bluffs Community School District. Explore the natural beauty of Carter Lake and Wavecrest Park just steps away, or tee off at the nearby Shoreline Golf Course. Downtown Omaha is a quick 10-minute drive for even more excitement. Lakeside Estates boasts fantastic amenities like a barbecue and picnic area and basketball court. Our pet-friendly environment and caring community, with on-site management and maintenance, make it a truly special place to call home. Join our tight-knit community and experience Lakeside Estates living today. Schedule a private tour and discover your new home.

20. 2024-10-27
    price $60,900 904-char remark

    Show marketing remark (904 chars)

    Welcome to Lakeside Estates, where quality living meets unbeatable convenience. Nestled in a tranquil Iowa enclave within the Omaha, Nebraska Metro Area, our community offers the perfect blend of peace and accessibility. Enjoy proximity to shopping, entertainment, restaurants, and top-rated schools in the Council Bluffs Community School District. Explore the natural beauty of Carter Lake and Wavecrest Park just steps away, or tee off at the nearby Shoreline Golf Course. Downtown Omaha is a quick 10-minute drive for even more excitement. Lakeside Estates boasts fantastic amenities like a barbecue and picnic area and basketball court. Our pet-friendly environment and caring community, with on-site management and maintenance, make it a truly special place to call home. Join our tight-knit community and experience Lakeside Estates living today. Schedule a private tour and discover your new home.

21. 2024-10-25
    price $42,900 904-char remark

    Show marketing remark (904 chars)

    Welcome to Lakeside Estates, where quality living meets unbeatable convenience. Nestled in a tranquil Iowa enclave within the Omaha, Nebraska Metro Area, our community offers the perfect blend of peace and accessibility. Enjoy proximity to shopping, entertainment, restaurants, and top-rated schools in the Council Bluffs Community School District. Explore the natural beauty of Carter Lake and Wavecrest Park just steps away, or tee off at the nearby Shoreline Golf Course. Downtown Omaha is a quick 10-minute drive for even more excitement. Lakeside Estates boasts fantastic amenities like a barbecue and picnic area and basketball court. Our pet-friendly environment and caring community, with on-site management and maintenance, make it a truly special place to call home. Join our tight-knit community and experience Lakeside Estates living today. Schedule a private tour and discover your new home.

22. 2024-10-11
    price $60,900 904-char remark

    Show marketing remark (904 chars)

    Welcome to Lakeside Estates, where quality living meets unbeatable convenience. Nestled in a tranquil Iowa enclave within the Omaha, Nebraska Metro Area, our community offers the perfect blend of peace and accessibility. Enjoy proximity to shopping, entertainment, restaurants, and top-rated schools in the Council Bluffs Community School District. Explore the natural beauty of Carter Lake and Wavecrest Park just steps away, or tee off at the nearby Shoreline Golf Course. Downtown Omaha is a quick 10-minute drive for even more excitement. Lakeside Estates boasts fantastic amenities like a barbecue and picnic area and basketball court. Our pet-friendly environment and caring community, with on-site management and maintenance, make it a truly special place to call home. Join our tight-knit community and experience Lakeside Estates living today. Schedule a private tour and discover your new home.

23. 2024-10-11
    status Active 904-char remark

    Show marketing remark (904 chars)

    Welcome to Lakeside Estates, where quality living meets unbeatable convenience. Nestled in a tranquil Iowa enclave within the Omaha, Nebraska Metro Area, our community offers the perfect blend of peace and accessibility. Enjoy proximity to shopping, entertainment, restaurants, and top-rated schools in the Council Bluffs Community School District. Explore the natural beauty of Carter Lake and Wavecrest Park just steps away, or tee off at the nearby Shoreline Golf Course. Downtown Omaha is a quick 10-minute drive for even more excitement. Lakeside Estates boasts fantastic amenities like a barbecue and picnic area and basketball court. Our pet-friendly environment and caring community, with on-site management and maintenance, make it a truly special place to call home. Join our tight-knit community and experience Lakeside Estates living today. Schedule a private tour and discover your new home.

24. 2024-10-06
    historical 904-char remark

    Show marketing remark (904 chars)

    Welcome to Lakeside Estates, where quality living meets unbeatable convenience. Nestled in a tranquil Iowa enclave within the Omaha, Nebraska Metro Area, our community offers the perfect blend of peace and accessibility. Enjoy proximity to shopping, entertainment, restaurants, and top-rated schools in the Council Bluffs Community School District. Explore the natural beauty of Carter Lake and Wavecrest Park just steps away, or tee off at the nearby Shoreline Golf Course. Downtown Omaha is a quick 10-minute drive for even more excitement. Lakeside Estates boasts fantastic amenities like a barbecue and picnic area and basketball court. Our pet-friendly environment and caring community, with on-site management and maintenance, make it a truly special place to call home. Join our tight-knit community and experience Lakeside Estates living today. Schedule a private tour and discover your new home.

25. 2024-07-03
    price $48,900 904-char remark

    Show marketing remark (904 chars)

    Welcome to Lakeside Estates, where quality living meets unbeatable convenience. Nestled in a tranquil Iowa enclave within the Omaha, Nebraska Metro Area, our community offers the perfect blend of peace and accessibility. Enjoy proximity to shopping, entertainment, restaurants, and top-rated schools in the Council Bluffs Community School District. Explore the natural beauty of Carter Lake and Wavecrest Park just steps away, or tee off at the nearby Shoreline Golf Course. Downtown Omaha is a quick 10-minute drive for even more excitement. Lakeside Estates boasts fantastic amenities like a barbecue and picnic area and basketball court. Our pet-friendly environment and caring community, with on-site management and maintenance, make it a truly special place to call home. Join our tight-knit community and experience Lakeside Estates living today. Schedule a private tour and discover your new home.

26. 2024-06-26
    price $47,900 904-char remark

    Show marketing remark (904 chars)

    Welcome to Lakeside Estates, where quality living meets unbeatable convenience. Nestled in a tranquil Iowa enclave within the Omaha, Nebraska Metro Area, our community offers the perfect blend of peace and accessibility. Enjoy proximity to shopping, entertainment, restaurants, and top-rated schools in the Council Bluffs Community School District. Explore the natural beauty of Carter Lake and Wavecrest Park just steps away, or tee off at the nearby Shoreline Golf Course. Downtown Omaha is a quick 10-minute drive for even more excitement. Lakeside Estates boasts fantastic amenities like a barbecue and picnic area and basketball court. Our pet-friendly environment and caring community, with on-site management and maintenance, make it a truly special place to call home. Join our tight-knit community and experience Lakeside Estates living today. Schedule a private tour and discover your new home.

27. 2024-06-08
    listed $39,900 Active 904-char remark

    Show marketing remark (904 chars)

    Welcome to Lakeside Estates, where quality living meets unbeatable convenience. Nestled in a tranquil Iowa enclave within the Omaha, Nebraska Metro Area, our community offers the perfect blend of peace and accessibility. Enjoy proximity to shopping, entertainment, restaurants, and top-rated schools in the Council Bluffs Community School District. Explore the natural beauty of Carter Lake and Wavecrest Park just steps away, or tee off at the nearby Shoreline Golf Course. Downtown Omaha is a quick 10-minute drive for even more excitement. Lakeside Estates boasts fantastic amenities like a barbecue and picnic area and basketball court. Our pet-friendly environment and caring community, with on-site management and maintenance, make it a truly special place to call home. Join our tight-knit community and experience Lakeside Estates living today. Schedule a private tour and discover your new home.

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X · 0% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 3/10 Moderate
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,724
• − Mortgage interest: −$2,465
• − Property taxes: −$660
• − Insurance: −$220
• − Repairs & maintenance: −$1,338
• − Management: −$1,338
• − Depreciation: −$1,280
• Taxable income: $9,423
• Est. tax owed @ 24.0%: −$2,262
• After-tax cash flow: $7,301/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 · 1 photo

Excellent 95/100 None rehab

This manufactured home is in excellent condition with no visible repairs or maintenance needed. It is move-in ready and would benefit from minor updates to enhance its curb appeal and interior aesthetics.

Value-add opportunities

• Both Painting — Fresh paint can enhance curb appeal and interior aesthetics
• Both Lighting — Upgrading lighting can improve the home's ambiance and energy efficiency
• Both Landscaping — A well-maintained yard can increase curb appeal and property value

Renovation cost estimate screening

Value-add ROI direction

• Both Painting — Fresh paint can enhance curb appeal and interior aesthetics ↑
• Both Lighting — Upgrading lighting can improve the home's ambiance and energy efficiency ↑
• Both Landscaping — A well-maintained yard can increase curb appeal and property value ↑

ⓘ 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: Council Bluffs Community School District
• NCES district ID: 1908220
• Math proficiency: 52% ▼ -9.00%
• Reading proficiency: 55% ▼ -1.00%
• Median HH income: $45,259
• Composite: 45.23/100
• National rank: #2665
• State rank: #272 of 289 in IA

Livability — Carter Lake

• Score: 66/100
• State rank: #519
• US rank: #11636

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Carter Lake, IA
• City population: 13,176
• Population (ZIP): 3,773

Population outlook (Pottawattamie County) Hauer SSP2

• Today (2025): 93,683 people
• By 2030: 92,772 · -1.0%
• By 2040: 89,917 · -4.0%
• By 2050: 86,994 · -7.1%
• By 2075: 82,756 · -11.7%
• By 2100: 79,097 · -15.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (75%)
• Race & ethnicity: White 75% Hispanic / Latino 20% Two or more races 16%
• Hispanic origin (detail): Mexican 17%
• Common ancestry: Romanian 4% Slovak 4% Portuguese 2%
• Foreign-born: 8% · Canada
• Languages at home: 81% English-only · Spanish 18% Other Indo-European 1%

Political lean MEDSL · Pottawattamie

• 2024 margin: R (+20.0) · D 39.3% · R 59.3% · Other 1.4%
• 2008→2024 swing: -18.1pp toward R · 2008: -1.9pp · 2024: -20.0pp
• All cycles: 2024: R+20.0 2020: R+16.8 2016: R+21.6 2012: R+5.8 2008: R+1.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -47.06%
• Current HPI: 204.2751
• 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

+7.5% since first listed

26 events — show timeline

• 2026-05-13 Relisted — Zillow
• 2026-05-13 Price Changed $42,900 Zillow
• 2026-04-26 Delisted — Zillow
• 2026-02-13 Price Changed $68,900 Zillow
• 2026-01-31 Price Changed $72,900 Zillow
• 2026-01-28 Price Changed $68,900 Zillow
• 2026-01-10 Price Changed $67,900 Zillow
• 2026-01-04 Price Changed $60,900 Zillow
• 2025-12-11 Price Changed $66,900 Zillow
• 2025-11-23 Price Changed $70,900 Zillow
• 2025-10-25 Price Changed $60,900 Zillow
• 2025-09-26 Relisted — Zillow
• 2025-09-26 Price Changed $70,900 Zillow
• 2025-07-02 Delisted — Zillow
• 2025-04-10 Price Changed $57,900 Zillow
• 2025-02-14 Price Changed $56,900 Zillow
• 2025-01-28 Price Changed $59,900 Zillow
• 2024-12-08 Price Changed $56,900 Zillow
• 2024-10-27 Price Changed $60,900 Zillow
• 2024-10-25 Price Changed $42,900 Zillow
• 2024-10-11 Relisted — Zillow
• 2024-10-11 Price Changed $60,900 Zillow
• 2024-10-06 Delisted — Zillow
• 2024-07-03 Price Changed $48,900 Zillow
• 2024-06-26 Price Changed $47,900 Zillow
• 2024-06-08 Listed $39,900 Zillow