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

Colfax, IA has a median modeled monthly cash flow of $-327 and a median cap rate of 4.1%, on a median sold price of $201,250. Prices changed +5.5% 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 $201,250 (about $172 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.

$201,250Median sold price

$172Median $/sqft

4.1%Median cap rate

$-327Modeled cash flow / mo

+5.5%Appreciation YoY

4.1Months of supply

19Active listings

56Sold (last 12 mo)

What the Colfax numbers say

In Colfax, IA, the median home sold for $201,250 (about $172 per square foot), and the typical deal models out to a 4.1% cap rate with a median $-327 of monthly cash flow. Sold prices moved +5.5% over the past year. Inventory sits at about 4.1 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.