Print - All Around Recreational Farm With Two Ponds

Wayne Co, Iowa

± 212 acres

This property not only has every aspect of Southern Iowa Rec Land, but it also produces a VERY SOLID return on one’s investment.

All around rec. farm with great return and every aspect of hunting in Southern Iowa
Great building site overlooking the entire farm and 8+ acre lake
Approx. 196 acres CRP in 3 contract
99 acres @ $159.38 acre or $15,778.62 annual
85.58 Acres at 178.60 acre or $15,284.58 annual
11.05 acres at 182.86 acre or $2,020.60 annual
For a total annual farm income of $33,083.80.
Over 3% ROI at asking price. If a hunting lease was added to the income stream this farm could Easily go to a 3.5% ROI at asking price. (call for details)
Power is available at the road, Water is available 420 feet East of the property
Property has 2 ponds of which one is 9+ acres and fully stocked
9 mile creek runs West to East through the North end of the property (see pics)
Creek will serve at major travel corridor during the rut with larger blocks of timber on the East and West sides of the property.
Good native grass CRP that has a good population of upland birds. I seen and heard many pheasants while taking pictures of the property.
The property has just enough timbered/brushy draws with the surrounding CRP grass cover to harbor deer and wild turkey.

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