Presenting the Gray Farm. If you are looking for a solid income investment with great return take a look at the Gray Farm in southern Page County Iowa. This mostly tillable farm is listed at an ROI of over 4.3%! The CRP is bid in until 2025 and boasts great returns and great pheasant and quail hunting opportunities. The current effective crop acres are rented at $180/acre and have a CSR 2 of 58.8 (per Agridata). This farm is also in a good area for deer and turkey hunting. A recreational lease could be added for even more income. Or enjoy the upland birds, deer and turkeys for yourself while enjoying a great investment all at the same time. Take a look at this one and let's put together an offer.
Town: Braddyville
County: Page
State: IA
Taxes: $3,804
Terms: Cash, payable at closing
Land Use: 115.18 acres CRP & 60.07 eff. cropland acres
Income: $10,800 cash rent, plus $25,840 CRP ...
Income: $10,800 cash rent, plus $25,840 CRP payment
Possession: Upon closing, may be subject to farm tenancy
Tillable Acres: 60.07
CRP Acres: 115.18
CRP Description: $25,840 annual CRP payment, as follows: 105.52 acres at $220.99/ac. = $23,319, expires in 09/2025. 9.66 acres at $260.93/ac.= $2,521, expires in 09/2025. Page County FSA
FSA Description: Cmdty Wheat Base Ac. 4.10 PLCYld 32; Cmdty Oats Base Ac. 1.50 PLCYld 45; Cmdty Corn Base Ac. 36.18 PLCYld 95; Cmdty Sorghum Base Ac. 3.00 PLCYld 70; Cmdty Soybeans Base Ac. 1.60 PLCYld 33; Page County FSA
CSR Description: CSR2- 61.4 Surety Maps