SOLD, 80 Acres, Daviess County, ROI/Hunting

$320,000 ($4,000/ac)

This farm absolutely has it all from great income off of the CRP through 2022, to excellent hunting opportunities. Farm has roughly 65 acres of CRP bringing in $10,693.00 annually, or if you’d like once out of CRP a local farmer has offered $175.00 per acre to put the farm back into row crop production, or $11,375.00 a year. This farm has some of the best upland soils around with an NCPPI of roughly 70. Farms like this are rarely for sale and if they are, they sure don’t last long. Hunting on this farm would be excellent as its surrounded by crop fields and big mature timber. If you’re an investor looking for a good rate of return a hunting lease would easily bring $2,000.00 annually. In CRP with a hunting lease the farm is basically at a 4% return at full asking price. Once out of CRP if you wish to not reenroll the CRP and have it row cropped it’d be at a 4.2% return at full asking price. Multiple deer rubs and trails all throughout the farm. A couple older deer blinds will go with the sell of the property. Excellent spots to build the cabin or home of your dreams. Farm lays in a very sought-after part of Daviess County near Jameson Mo. Missouri Real Estate Agent has ownership in this farm. Please contact Andy Boyer for your own private showing (636) 295-1476. *Property lines are thought to be accurate but are estimated. *