Made up of ditches, draws and lots of CRP, this farm is an excellent hunting farm with a lot of income to boot. With the potential annual income of over 53k it gives this farm close to a 5% return. Nearly 190 acres are enrolled in CRP and over 60 acres are being cash rented. To top it off a newly built home is overlooking a 3-acre pond that’s fully stocked and offers one of the best views Southern Iowa has to offer. If your looking for a high rate of return with all the recreational benefits, then contact Landroz Broker Glen Salow at 515.494.5560 for more information.
• Total income from CRP and cash rent is $40,380 annually
• 17.4 acres in CRP until 2030 paying $274.88 per acre
• 52.4 acres in CRP until 2027 paying $204 per acre
• 118.9 acres in CRP until 2020 paying $130 per acre
• 63 acres of tillable currently renting at $150.00 per acre with a CSR2 of 36.4
• Another $13k could be additional annual income from house rental and a hunting lease
• Stellar habitat with lots of warm season grasses combined with a variety of draws that serve as natural funnels and pinch points
• Annual flowing river runs North South along the East boundary and creates a major travel corridor for a variety of wildlife
• Lots of edge and several established food plots
• Tract is bordered by several large blocks of timber
• High abundance of deer and turkey through out
• Maintained and established trail system
• Several fully stocked ponds with docks have excellent fishing
• Beautiful home that overlooks a 3-acre pond
• Home is 32’ by 90’ built in 2011 with a 3-car attached garage
• Approximately 1600 finished square feet consist of 3 bedrooms, two full baths, full kitchen, living room, sunroom and a full deck.
• Seller would entertain splitting up the property and selling off in separate sales at their discretion.
• Annual taxes $5644
• Farm is located approximately 90 minutes South of Des Moines or 10 minutes South of Allerton.
• Farm will be shown by appointment only.
• Please contact Landproz Broker Glen Salow for more information at 515.494.5560