Great investment and return farm for sale in Appanoose County, Iowa. Located in northern Appanoose County, this 159+/- acre investment and recreational property is located just off Hwy 5 between Moravia and Centerville, north of the Chariton River bottom. This Iowa investment land offers 159 acres of rolling ag land with a majority currently enrolled in CRP. Predominate soil types across the farm are Pershing and Armstrong and the 125 open acres offer a 43.6 CSR2. Currently the 124.59 acres of CRP from two contracts brings in $21,203 annually for a great return on investment. The largest CRP contract contains 116.52 acres and expires 9-30-2027; the smaller contract 8.07 acres expires 9-30-2022. This property also offers modest hunting opportunity with habitat for wildlife from the mix of CRP native grasses and modest amount of brush/timber. Lastly, this Iowa investment property offers future home or cabin sites just off a paved highway and within 5 miles of the Rathbun Lake Dam.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
