Real Estate Investing in Colfax, Louisiana (71417)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 71417 (Colfax, LA)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 25.9% of homes vacant — above national norms.
- Declining values: -1.7% 5-year CAGR — values have moved lower.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Colfax, LA (71417)?
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Market Analysis: 71417 Colfax
In practical terms, ZIP 71417 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $124K median. It rewards specialists, not generalists.
Distressed markets are won on execution, not on spreadsheets. ZIP 71417 shows the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
The gap between 71417 and stronger Colfax ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
A impressive renter share of 24% in 71417 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Experienced landlords with local relationships tend to find 71417 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Colfax:
Market Trends
Home Value History (with trend line)
📊 How Does 71417 Compare?
| Metric | 71417 | Colfax | Alexandria, LA | Louisiana |
|---|---|---|---|---|
| Home Value | $123,897 | $162,806 | N/A | $207,909 |
| 5-Year CAGR | N/A | 0.3% | N/A | 0.7% |
| Avg Rent | $837 | $869 | N/A | - |
| Cap Rate | 5.3% | 4.4% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 71417 (Colfax, LA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $123,897 |
| Monthly Rent | $837 |
| Price-to-Rent | 12.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.1% |
| Cap Rate | 5.3% |
| 5-Year IRR | 3.6% |
📈 Home Appreciation
| 1-Year | +4.5% ▲ |
| 3-Year CAGR | -3.0% ▼ |
| 5-Year CAGR | -1.7% ▼ |
| 10-Year CAGR | +0.1% ▲ |
🏠 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 (5.3%). 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 71417
Population: 4,681
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 71417
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.
Frequently Asked Questions
How landlord-friendly is Colfax, LA?
Colfax, LA falls under LA landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
How does Colfax, LA rate as a rental market?
Yes - Colfax, LA a 3.0/5 investability score. With $124K home prices against $837/mo monthly rent, the market delivers a reasonable entry point for new investors.
Is Colfax, LA suited for a house hack?
Colfax, LA offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $837/mo rent level.
What is the typical rental rate in Colfax, LA?
Rents in Colfax, LA run near $837/mo. Compared with median home prices of $124K that produces solid gross yields for typical rentals.
How qualified is the tenant pool in Colfax, LA?
Tenant quality in Colfax, LA ranks as solid. Landlords generally report stable occupancy at market rents of $837/mo.
You know 71417 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 71417 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 71417 ranks in Alexandria, LA
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