Income Producing Farm with CRP, Row Crop & Timber

Income Producing Farm with CRP, Row Crop & Timber – SE of Centerville

Located just 1.7 miles east of Hwy 5 and Walmart on the southeast side of
Centerville, this 108-acre tract offers a strong combination of income, soil
quality, and recreational potential in a proven southern Iowa location.

The farm provides immediate return with multiple income sources in place:

·        
29.28 acres CRP
paying $4,316 annually through 2035

·        
15.42 acres CRP
paying $1,971 annually through 2027

·        
42 acres cash rented
crop ground generating $8,300 annually

Total annual income: $14,587

The open acres carry a 48 CSR2 average, with the crop acres averaging 55
CSR2. The crop lease is active, providing income from day one.

Beyond the income component, the remainder of the property consists of
timber, draws, and natural drainage that create strong wildlife movement and
bedding structure. Established CRP adds long-term cover, and the pond provides
both recreational value and a consistent water source. The farm has gravel road
frontage with two access points, offering flexibility for entry and setup.

Utilities and rural water are available at the road, giving the next owner
options for future use if desired.

This is a well-balanced 108-acre tract that offers steady income today while
maintaining the flexibility and upside southern Iowa landowners look for. It’s
a property that works from an investment standpoint and still carries the
recreational appeal this part of Appanoose County is known for.