Recorded investor purchases and holdings over the past year.
Data last updated
In Colfax, investors own about 5 tracked properties across 4 active buyers, with a median investor purchase price near $471,000. 2 were acquired in the last 12 months.
Volume fell to 2 investor purchases over the last 12 months from about 3, down some 33%. Negotiating leverage has shifted toward whoever is still buying.
The median investor purchase lands near $471,000. An average of $471,000 that close to the median means one price band describes nearly the whole market.
Strategy here skews to buy & hold, which accounts for 80.0% of tracked deals. Because these buyers underwrite to cash flow, a credible rent figure moves a deal further than a renovation estimate.
Typical construction year on investor-owned property is 2007. Only about 20.0% predates 1980, so the stock skews newer and rehab scopes tend to be lighter.
Within Colfax, ZIP 27235 carries the heaviest investor activity — the obvious place to begin.
Investor ownership in Colfax runs to roughly 5 properties, spread across 4 active buyers. At under 0.5 deals per buyer in 12 months, no small group controls this market; expect to work a longer list for the same volume.
These numbers come from recorded purchases in this city, updated as new records land. They report what has already happened and are not a prediction or investment advice.