Solid investment and recreational opportunity on 187 +/- acres of Appanoose County, Iowa land. This income producing Iowa property offers great hunting and recreational opportunity along with a solid investment potential at a 4% gross return. This Iowa land for sale consists of rolling ridges of beautiful native grasses and crop land with fingers and draws of timber. The income stream comes from 66.26 acres enrolled in CRP with $10,068 annual payment until 9-30-27; 67 tillable acres with a 58 CSR2 rented for $200/acre and a $3,500 hunting lease. Appanoose County, Iowa is known for world class whitetail hunting & this property offers plenty of habitat for great hunting regardless of the season. This Iowa property offers multiple points of entrance for future development or home and cabin sites; all within 1 mile of Rathbun Lake and ½ a mile from paved Hwy J5T. The combination of quality Iowa hunting land mixed with sound investment opportunity make this large tract a dynamite option.
Off market
Price Unknown
0 430th St, Moravia, IA 52571
0beds
0baths
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SingleFamily
Built in ----
187 Acres lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Property
Lot
- Size: 187 Acres
Details
- Parcel number: 240222001180000
Construction
Type & style
- Home type: SingleFamily
Community & neighborhood
Location
- Region: Moravia
Other
Other facts
- Style: Other
- Room Types: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Extra Room 1, Extra Room 2, Extra Room 3, Extra Room 4, Extra Room 5, Extra Room 6, Family Room, Kitchen, Living Room
- Auction YN: 0
- House or Land: Land Only
- Farm Type: Crop
- Available Utilities: Other Available, Other Connected
- Association: SEIA
- Fireplace YN: 0