621 Acres in Milan, MO - $1,397,250

621 Acres in Sullivan County, MO.

This 621 acre farm, located in Sullivan County, MO., has 307 m/l tillable acres (100 m/l of those acres being flat, bottom ground) that could be cash rented at $160.00 per acre. The farm also has 150 acres of very well fenced pasture ground that could produce a cash rent of $60.00 per acre. In addition to the open acres, the property has a large amount of mature timber estimated at a value of over $30,000.00 and also produces great hunting opportunities. There is also the possibility of obtaining a $22.00 per acre hunting lease. All together this farm has an estimated yearly income of $71,782.00 and a return rate of 5.1%. Owner financing available on a portion of the farm.