35 Acre Income & Hunting Tract, Decatur County, IA

This 35+/- acre Decatur County, IA tract is the perfect size for anyone looking to purchase their very first piece of property or add to an existing row-crop operation. Nodaway-Lawson-Klum complex, Coppock silt loam, and Lindley loam are the three main soil types found throughout the creek bottom tillable acres. For the 2018 growing season, soybean production was the commodity of choice with a current cash rent rate of $150 per acre on 27.27 Effective DCP Cropland acres. You will also find 3.13 acres enrolled in the CP1 program paying $465 per year set to expire 9-30-2023. This parcel produces a grand total of $4,555.50 annually displaying a 3.06 ROI at asking price and will have an open farm lease for the 2019 growing season allowing the new owner to do as they please. The freshwater creek and mature timber bordering two sides provide an excellent edge effect for bowhunting the trophy w...