Balsa Avenue, Moulton, IA 52572 - Davis County

Tillable farms are in very high demand. This tract at asking price will perform a 5% ROI on a cash rent basis and will produce a higher ROI on a "custom farming" situation. Tillable market is bringing $110+ per CSR point and this tract will be well below that! If you are looking for a good return farm you will want to see this one.

Property Features

â?¢ 80 acres tillable, 30 acres timber

â?¢ 5 minutes from Molton, Iowa; 30 minutes from Centerville, Iowa; 30 minutes from Bloomfield, Iowa

â?¢ Average CSR 39.4

â?¢ 80 acres tillable will be "custom farmed" for 2013, buyer to have farming rights for 2013

â?¢ Cash rent option for $225 per acre (same farmer) would be $18,000 annually

â?¢ 5% ROI at asking price for cash rent income basis

â?¢ Rolling farm with timbered draws

â?¢ Easy access to all fields with equipment

â?¢ Continuous tillable with corn/bean rotation that requires a fall seed down

â?¢ Good fence around entire property

â?¢ Deer and turkey sign present on farm

â?¢ Good investment farm!