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

Colfax, WA has a median modeled monthly cash flow of $-1,114 and a median cap rate of 2.0%, on a median sold price of $309,500. Prices changed +8.5% year over year.

What is the average cap rate in Colfax, WA?

The median cap rate across recently sold homes in Colfax, WA is 2.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Colfax, WA?

The median sold price in Colfax, WA is $309,500 (about $185 per square foot).

Investing in Colfax, WA Real Estate

A data-driven snapshot of the Colfax, WA 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.

$309,500Median sold price

$185Median $/sqft

2.0%Median cap rate

$-1,114Modeled cash flow / mo

+8.5%Appreciation YoY

6.7Months of supply

34Active listings

61Sold (last 12 mo)

What the Colfax numbers say

In Colfax, WA, the median home sold for $309,500 (about $185 per square foot), and the typical deal models out to a 2.0% cap rate with a median $-1,114 of monthly cash flow. Sold prices moved +8.5% over the past year. Inventory sits at about 6.7 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Washington markets to compare

See Colfax cash-flowing listings

CashFlowRE ranks every for-sale home in Colfax, WA 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.