Colfax, CA

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Colfax short-term rental market based on reliable data.

Listings

34 / 89

Reliable / Active

Cap Rate

5%

Middle-Earners Gross Yield

Revenue

$24,939

Middle-Earners Revenue

Occupancy

53%

Middle-Earners Occupancy

Home Value

$490,306

Median Home Sale Price

Top Earners

$85,126

Top-Earners Revenue

Colfax

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Colfax.

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B

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.

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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.

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