Real Estate Investing in Colfax, North Dakota

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 481 • Richland County

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Should you buy in Colfax, ND? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (41/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
WEAK
2.0 / 5 (33/100)

Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.

⚠️ Risks to Know
2 flags
  • Elevated vacancy: 11.5% vacancy may signal weakening demand.
  • Flat appreciation: Values have barely moved over 5 years (0.0% CAGR).

What’s happening in Colfax, ND?

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2.0/ 5

Investability

Citywide average

0.0/ 5

Appreciation

Long-term value growth

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $405,462
Avg Monthly Rent $981
ZIP Codes 1

Investing in Colfax Real Estate

Colfax (North Dakota) spans 1 ZIPs and roughly a sizable population. plainly the fundamentals here skew distressed, with soft rents, soft appreciation, and structural headwinds worth respecting.

The investment case for Colfax is difficult to make on screen data alone. a stretch for a 2.0 rating and a cap rate of 0.0% that looks fine only until you underwrite the vacancy.

Transaction volume in Colfax has thinned in a way that amplifies price discovery risk. Meanwhile, investors without local context should treat every number on the page with skepticism.

Distressed-leaning demographics in Colfax — soft income growth, high rent burden, population shifts — are among the reasons the ★★☆☆☆ rating sits where it does.

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Best ZIP codes in Wahpeton, ND-MN

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Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

Real numbers from people who own or manage rentals in Colfax, ND. Anonymous, moderated, never written by AI.

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Avg Home Value
$405,462
Avg Monthly Rent
$981
1% Rule
✗ Below
Landlord Friendly (ND)

ZIP Codes in Colfax, ND

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Frequently Asked Questions About Colfax, ND

How does Colfax, ND stack up for property investment?

The 2.0/5 investability rating in Colfax, ND reflects its $405K prices and $981/mo rents. Investors generally consider it a solid option within ND.

How much rent can I charge in Colfax, ND?

Rental rates in Colfax, ND average $981/mo. Tenant demand and $405K home values make the yield look reasonable by investor standards.

What strategy should investors use in Colfax, ND?

Most investors in Colfax, ND run a careful cash-flow rentals with hands-on management strategy. It aligns with the 2.0/5 investability profile and the market fundamentals.

How landlord-friendly is Colfax, ND?

ND law landlord-friendly for landlords, and Colfax inherits those rules. Investors should still review local ordinances for rental licensing.

How much should I expect to pay for a home in Colfax, ND?

Colfax, ND home values average about $405K. That price point suits investors targeting rentals with $981/mo in monthly income.

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