U.S. 69, Lamoni, IA 50140 - Decatur County

An exceptional opportunity in coveted Decatur County, Iowa. This picturesque property spans approximately 118 acres & offers many desirable features. Convenient location, excellent income, scenic views, & easy access to Interstate 35. This property presents an ideal investment for those seeking nice financial returns w/ the possibility of outdoor pursuits. Approximately 65 acres enrolled in the Conservation Reserve Program(CRP), generating a steady annual CRP income of roughly $8,380/yr. Additionally, 42+/- FSA acres boasting a CSR2 rating of 56 of which 39ac are currently utilized for row crop production & rented at $185 per acre. This results in a total 2023 yearly income of $15,595. Significant amounts of fertilizer were applied this growing season & it shows! This will benefit the future Crop Producer for years to come. Looking ahead to the 2024 farm season, the new owner has the opportunity to enhance their return further, potentially exceeding $18,000 per year by adjusting the cash rent to match current market rates. Beyond its financial benefits, this property caters to the outdoor enthusiast providing opportunities for deer, turkey, & pheasant. In addition to its income potential & recreational appeal, this property also provides paved frontage ensuring easy accessibility and convenience. If one is an outdoorsman seeking an income farm with hunting possibilities for deer, turkey, & pheasant or simply looking for long term reliable return on investment, this property punches the ticket!