UNDER CONTRACT, 234 Ringle Rd price reduced

The Price has been reduced considerably, seller very motivated. If you are looking for a good investment property with excellent hunting and fishing, this is the property for you! This 234 m/l acre property is located south east of Milan, MO. This farm is a very highly productive investment with a 160 tillable acres. With the 3 year farming contract on the 160 tillable acres at $150.00 would give you $24,000.00 for the next three years 2019, 2020, 2021. And an additional $15.00 per acre hunting lease. That gives this farm a possible yearly income of $27,510.00 with a 4.5% return rate at asking price. This property has 2 newer stocked ponds ideal for fishing as well as a nice balance of timber and open ground gives you options for great hunting! Seller is motivated.