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

Colfax, IA has a median modeled monthly cash flow of $-289 and a median cap rate of 4.1%, on a median sold price of $200,000. Prices changed +13.3% year over year.

What is the average cap rate in Colfax, IA?

The median cap rate across recently sold homes in Colfax, IA is 4.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Colfax, IA?

The median sold price in Colfax, IA is $200,000 (about $175 per square foot).

Investing in Colfax, IA Real Estate

A data-driven snapshot of the Colfax, 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.

$200,000Median sold price

$175Median $/sqft

4.1%Median cap rate

$-289Modeled cash flow / mo

+13.3%Appreciation YoY

5.4Months of supply

23Active listings

51Sold (last 12 mo)

What the Colfax numbers say

In Colfax, IA, the median home sold for $200,000 (about $175 per square foot), and the typical deal models out to a 4.1% cap rate with a median $-289 of monthly cash flow. Sold prices moved +13.3% over the past year. Inventory sits at about 5.4 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Iowa markets to compare

See Colfax cash-flowing listings

CashFlowRE ranks every for-sale home in Colfax, 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 Colfax deals, or browse the national market data.