80 Acres in Doland, SD - $371,385

Tillable Farmland with ROI Potential in Spink County, South Dakota

If you are looking for additional farmland or an affordable investment with great ROI potential, look no further! This 160 +/- acre property is located 4 miles north of Doland, South Dakota, and consists of 156.54 FSA farmland acres. The 121.03 tillable acres are currently in a wheat and soybean rotation and the majority of this tract is mainly class IV Cavour-Ferney soils with 0-3% slopes. There is a cash rent contract on the farmland for 2021.

The remaining 35.51 acres are in CRP. The first CRP contract consists of 19.89 acres and expires September 30, 2029. The second CRP contract consists of 15.62 acres and expires September 30, 2027. There is an abundance of wildlife on the property, including deer and pheasants.

With the cash rent and the payment from the CRP contracts, this property has an ROI potential of 3.7%. Whether you want to add to your existing farm operation or increase...