Income Farm in Southern Iowa

 

 

Now is your chance to purchase a highly tillable income producing farm in Southern Iowa with deer hunting opportunity. KILOTERRA is  excited to present this 199.6 acre m/l investment farm in Wayne County, IA. This farm consists of 183.99 FSA Farmland acres, of which 24.14 Acres are enrolled in CRP paying $3,035 per year. The West side of this farm is a 78 Acre tract with a 1 acre pond and the East farm is 121.61 acre tract mostly tillable tract with timber draws. This farm is not only a great investment farm, but there is ample hunting opportunity as well with timbered draws and CRP throughout that will hold deer year round. These farms are located on pavement and very accessible for farm equipment as well as couple different locations for building a country home.

18.9 CRP Acres are paying $144.22/acre or $2,726.00 Annually and expire in 2030. 5.23 CRP Acres are paying $59/acre or $309.00 Annually expiring in 2030. 160 m/l FSA Cropland Acres – Currently being rented at $150/acre. Farmer open to continue farming for 2022 if desired. Tenant Rights open for 2022 Farm Year

 

Directions:

From Humeston, IA drive South on HWY 65 for 4.8 Miles. The properties will be on the West and East sides of HWY 65