Productive Tillable And Some CRP Providing Good ROI

Description

Mostly tillable flat laying tract with 35.34 tillable acres cash rented at $200 per acre providing $7,068 annual income. CRP acres, 2.59, pay $617.38 annually on 2 contracts. Access for equipment and grain hauling is good.

Property Details

  • 40 acres, m/l, with 35.34 tillable acres cash rented at $200.00/acre for a total of $7,068.00 annually
  • 1 CRP acre @ $238.37 (until 2025/Field 5) = $238.37
  • 1.59 CRP acre @ $238.37 (until 2025/Field 6) = $379.01
  • Average CSR2 51.5
  • Located just south of Davis City off of blacktop highway J67
  • Excellent access with close proximity to grain elevator in Davis City
  • Some of the best farm ground in Southern IA
  • Excellent history of high fertility and yields – same renters for last 10 years
  • Farm has been well maintained by owner and producers
  • Predominant soils include: Humeston Silt Loam, Wabash Silty Clay, Pershing Silt Loam
  • Open tenancy for the 2019 crop year
  • Exact acreage will be determined by survey prior to closing

County Road J67, Lot #WP006S
Davis City, Iowa 50065