Real Estate Investing in Colfax, North Carolina (27235)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 27235 (Colfax, NC)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Colfax, NC (27235)?
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Market Analysis: 27235 Colfax
Investors eyeing 27235 need to respect the fundamentals at play. Home values of $416K come alongside slower price movement and elevated management overhead.
Distressed markets are won on execution, not on spreadsheets. ZIP 27235 reflects the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Regionally, 27235 sits on the difficult end of the NC spectrum. The an appealing option for read — for disciplined operators — is that pricing reflects the difficulty.
The 27235 ZIP's population of 4,963 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that shows the need for careful underwriting.
New investors are better served looking at Colfax's stable or hybrid ZIPs before stepping into 27235. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Colfax:
Property Strategy for 27235
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $272,875 | $1,900 | 5.0% | +8.0% | $136,437 |
| 3BR | $349,948 | $2,430 | 5.0% | +6.9% | $116,649 |
| 4BR | $478,449 | $2,800 | 4.2% | +6.4% | $119,612 |
Market Trends
Home Value History (with trend line)
📊 How Does 27235 Compare?
| Metric | 27235 | Colfax | Greensboro-High Point, NC | North Carolina |
|---|---|---|---|---|
| Home Value | $415,646 | $415,646 | N/A | $330,565 |
| 5-Year CAGR | 4.3% | 4.3% | N/A | 7.8% |
| Avg Rent | $1,710 | $1,710 | N/A | - |
| Cap Rate | 3.2% | 3.2% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 27235 (Colfax, NC). Anonymous, moderated, never written by AI.
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Property managers serving Guilford County
Manage rentals here? List your business →Association Management Group provides HOA, community, and property management services in North & South Carolina. summary from their website
Equity Commercial Property Management specializes in commercial property management services. summary from their website
HL Commercial Real Estate is a locally owned commercial real estate company in Marin. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $415,646 |
| Monthly Rent | $1,710 |
| Price-to-Rent | 20.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.9% |
| Cap Rate | 3.2% |
| 5-Year IRR | 7.5% |
📈 Home Appreciation
| 1-Year | +3.1% ▲ |
| 3-Year CAGR | +2.3% ▲ |
| 5-Year CAGR | +4.3% ▲ |
| 10-Year CAGR | +5.9% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.2%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 27235
Population: 4,963
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 27235
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 6,401 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Are rents high in Colfax, NC?
Rents in Colfax, NC run near $1,710/mo. Compared with median home prices of $416K that produces solid gross yields for typical rentals.
How strong is the working-renter base in Colfax, NC?
Tenant demand in Colfax, NC is solid. The local workforce $1,710/mo rents across most rental classes.
What real estate strategy is ideal for Colfax, NC?
Colfax, NC investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($416K prices, $1,710/mo rents) make it a reasonable choice.
Can owner-occupants cash flow in Colfax, NC?
Colfax, NC is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $416K price point reasonable to enter.
How do landlord-tenant laws work in Colfax, NC?
NC law landlord-friendly for landlords, and Colfax inherits those rules. Investors should still review local ordinances for rental licensing.
You know 27235 now. You don’t know where it ranks.
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How 27235 ranks in Greensboro-High Point, NC
Every ZIP in this metro, ranked. Free.
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