Colfax, CA
- Overview
- Performance
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Key Performance Metrics
Market snapshotPerformance indicators for the Colfax short-term rental market based on reliable data.
Listings
24 / 88
Reliable / Active
Cap Rate
6%
Middle-Earners Gross Yield
Revenue
$27,441
Middle-Earners Revenue
Occupancy
54%
Middle-Earners Occupancy
Home Value
$481,392
Median Home Sale Price
Top Earners
$100,274
Top-Earners Revenue
Colfax
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Colfax.
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Generally Investor friendly
Colfax Regulations
STRs are explicitly allowed and permitted county‑wide, but investors must obtain a $326 permit, a TOT certificate, pass two fire inspections (interior ~$507 plus defensible space), meet wildlife/bear‑bin rules, and appoint a local contact. There is a sizable cap (3,900 permits) and standard operational restrictions, which keep compliance moderate but manageable for investors.
Local STR Agent
STR specialist · Colfax, CA
About Colfax
Colfax (formerly Alden Grove, Alder Grove, Illinoistown, and Upper Corral) is a city in Placer County, California, at the crossroads of Interstate 80 and State Route 174. The population was 1,963 at the 2010 census. The town is named in honor of U.S. Vice President Schuyler Colfax (1869–73), a bronze statue of whom stands at Railroad Street and Grass Valley Street. (This is one of two known statues of Schuyler Colfax in the United States, the other located in Indianapolis, Indiana.) Some of the town's notable features include the newly restored Southern Pacific Railroad colonnade-style depot (which houses the Colfax Museum and Chamber of Commerce) built in 1905, the downtown shops on Main Street, and Colfax High School, which serves a large surrounding area.