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Property Description
Farmers and Investors! Here is a great opportunity to purchase a very nice 80 with INCOME! At list price this productive farm will generate about a 4.1% return based on area rental rates and CRP payments. Do not miss this chance to add to your current operation or portfolio!
Property Features
• 80 Deeded acres
• 74.91 Total Income/Tillable Acres according to FSA
• CSR2 of 75.4
• 49.81 Acres currently being farmed – Open for 2019
• 25.10 Acres enrolled in CRP paying $6,478 ($258/acre) annually until 2023
• Corn Base Acres - 25.3 Yield - 137 bu
• Soybean Base Acres - 18.7 Yield - 37 bu
• Hard surfaced road frontage
• Tile Main runs thru the farm / Outlet to SE
• CRP is great for pheasants /hunting
• Just minutes from Lake Mills / Northwood, IA
• Annual Real Estate Taxes $1932 (2017)
For more information contact LandProz Broker Beau Jensen at 507-402-0553