A perfect 40 for someone looking to grow their operation or capitalize on an investment opportunity. The farm is currently leased at $275/acre, producing a total farm income of $10,560/year! At the listing price this property generates a 3.2% return, and the lease agreement will be in place through the 2022 growing season. With an average CSR2 rating of 74.6, tile, and a newer lift pump to help during those wet growing seasons this is a great opportunity for those looking to purchase a high-quality tillable property in north-central Iowa! *Agent is related to the seller.
· 3.2% Return at Listing Price
· Annual Farm Income of $10,560
· CSR2 rating of 74.6
· 40.00 Deeded Acres
· 38.69 Cropland Acres
· Partially Pattern Tiled with a Good Outlet
· Newer Lift Pump for years with high precipitation