Description
Located in one of Monroe County's premier hunting neighborhoods, near Lovilia, this 37.90+/- acre east tract offers a strong combination of CRP income, established wildlife habitat, and rural building potential. With a larger portion of the tract in CRP, this property provides an attractive income stream while also creating excellent bedding, nesting cover, and edge habitat for wildlife. The east tract includes approximately 29 acres enrolled in CRP, paying $207.38 per acre, for an estimated annual income of $6,014.02 through 2032. CRP and FSA information is approximate and subject to verification by the Monroe County FSA office. This tract is highlighted by a productive mix of native warm-season grasses, including Big Bluestem, Indian Grass, and Switchgrass, along with forbs and native wildflowers. The heavier CRP component gives this farm strong habitat value, creating security cover and bedding areas that can hold deer and other wildlife throughout the season. In addition to the recreational and income potential, the east tract offers appealing buildable site potential for a cabin, weekend retreat, hunting basecamp, or future country home, subject to county zoning and utility availability. With road access, dependable CRP income, quality habitat, and a location in a proven whitetail neighborhood, this east tract is a great opportunity to own a manageable, income-producing recreational property in southern Iowa. Adjoining west tract also available.
Property Highlights
Property Type: Land - Residential
Total Acres: 37.30 Acres
General Information
County: Monroe
Listed By:
Land Guys, LLC of Iowa
217-341-8526
No Coast MLS
MLS ID: 6339362
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00 147th Street, Lovilia, IA 50150.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $236,855 | $236,855 | $236,855 |
| Down Payment | $47,371 | $8,290 | $59,214 |
| Monthly Mortgage Amount | $1,151 | $1,432 | $1,463 |
| Taxes | $330 | $330 | $330 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $104 | $0 |
| Monthly Estimated Total | $1,581 | $1,966 | $1,893 |
Kathleen Cobler
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Listings courtesy of No Coast MLS as distributed by MLS GRID.
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