This highly productive 266 m/l acre property, with a locked in income for the next 3 years, is located North of Milan, Missouri, has 190.70 m/l tillable acres. The tillable acres are currently being cash rented at $160.00 per acre. The property also has a hunting lease in place for $4,500.00 per year. These two leases are in place through 2019; giving this farm a guaranteed total yearly income of $35,012.00 and a return rate of 5% for the next three years! Possible price adjustment could bring this property close to a 6% return.
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