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Lot 10 SE 100th Street Runnells, IA 50237 Land - Residential

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Description

Lot 10 at Griffon Point offers 72.04 acres of productive farmland near Runnells in Polk County, Iowa. With approximately 70 acres currently tillable, this nearly 100% tillable tract is well suited for farmers, land investors, or buyers looking to add quality agricultural ground in a strong location near the Des Moines metro. The farm carries an average CSR2 of 67 and is tiled and terraced to support drainage, farmability, and long-term productivity. The tillable acres are currently cash rented at $250 per acre, providing estimated annual rental income of approximately $17,500. Clean, efficient, and highly usable, this tract combines productive farmland, current income, and long-term investment potential in a desirable Polk County location. KEY FEATURES 72.04-acre agricultural tract Approximately 70 acres currently tillable Nearly 100% tillable farmland Average CSR2 rating of 67 Currently cash rented at $250 per acre Approximately $17,500 in estimated annual rental income Tiled for improved water management Terraced to support long-term productivity Clean and efficient farm layout Immediate agricultural income potential Strong addition to an existing farming operation Long-term farmland investment opportunity Located near Runnells, Iowa Convenient access to the Des Moines metro Desirable Polk County location

Property Highlights

Property Type: Land - Residential
Total Acres: 72.04 Acres

General Information

County: Polk
Listed By:
Land Guys, LLC of Iowa 217-341-8526
No Coast MLS
$1,000,000
Est. $6,675/mo
Active
LOT SIZE 72.040 acres MLS#6341626
STATUS PROPERTY TYPELand - Residential

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Ruhl&Ruhl Realtors

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Lot 10 SE 100th Street, Runnells, IA 50237.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $1,000,000$1,000,000$1,000,000
Down Payment $200,000$35,000$250,000
Monthly Mortgage Amount $4,991$6,126$6,228
Taxes $1392$1392$1392
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$600$0
Monthly Estimated Total $6,675$8,410$7,912

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