0 Dewey Rd Centerville, IA 52544

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. Its a property that works from an investment standpoint and still carries the recreational appeal this part of Appanoose County is known for.